Please find enclosed updates in continuation to our earlier intimation dated 27th March 2026.
APCOTEXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 18.0 pts more than Nifty Microcap 250 and 19.8 pts more than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Apcotex Industries reported FY2026 revenue of Rs. 14,415 lakhs, up 3.5% YoY from Rs. 13,924 lakhs. However, net profit dropped significantly to Rs. 3,474 lakhs from Rs. 5,406 lakhs in FY2025, a decline of about 36%. EPS for FY2026 stands at Rs. 19.56 versus Rs. 10.43 in prior year. The Board recommended a final dividend of Rs. 5.50 per share. Key charges included: Rs. 97 lakhs additional depreciation from revised asset life, Rs. 373 lakhs impairment on Valia turbine assets, Rs. 800 lakhs provision for pending litigations, and Rs. 323 lakhs for gratuity policy changes. Net exceptional income of Rs. 96.54 lakhs included Rs. 575 lakhs profit from office sale. The company also switched its solar power acquisition target from Amplus Ceres Solar to Amplus Ampere Private Limited (1.275% stake for Rs. 72 lakhs) for captive power consumption. Statutory auditors M/s. Manubhai & Shah LLP issued an unmodified opinion.
Profit decline despite stable revenue is concerning; the multiple one-time charges and impairments significantly impacted FY2026 earnings. However, the clean audit opinion and solar investment for captive power indicate operational focus. Dividend payout is maintained, signaling confidence.