Apcotex Industries Ltd.
Snapshot View

340.40 -2.20 ▼-0.6%

29 July 2021, 04:00:00 P.M.
Volume: 24,677

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Chemicals Compare with Industry peers
Website http://www.apcotex.com
Financial Indicators
Market Cap 1,768.43 Cr.
Earnings per share (EPS) 14.02 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 24.33 Trailing Twelve Months Ending 2021-06
Industry PE 48.49 Trailing Twelve Months Ending 2021-06
Book Value / Share 63.12 Trailing Twelve Months Ending 2021-06
Price to Book Value 5.40 Calculated using Price: 341.10
Dividend Yield 1.03 Period Ending 2021-03
No. of Shares Subscribed 5.18 Cr. 51,844,960 Shares
FaceValue 2
Company Profile

Apcotex Industries was established in the year 1980 as a division of Asian Paints (India). Apcotex spun-off as a separate company in 1991 and is now part of the 'APCO' group of companies headed by Atul Choksey, Chairman of Apcotex Industries and former Managing Director of Asian Paints. Apcotex Industries is one of the leading producers of VP latex, SB and carboxylated sb latexes , acrylic latexes , nitrile latex , SBR Latex , Carboxylated SBR , High Styrene Resin and Synthetic Rubber in India. It has one of the broadest ranges of products based on Styrene Butadiene chemistry.

Apcotex is an ISO 9001: 2000 certified company. Its segments include Paper & paper Products, Tyre Cord  dipping, carpet, Paints, Oil  resistant Gasket, Construction, Textiles, Footwear & Micro sheet, Conveyer belts, hoses & automotive components.

Its manufacturing plant is located at Taloja, 50 kms outside of Mumbai. The manufacturing facilities incorporate state-of-the-art emulsion polymerization technology as well as adequate monomer and finished goods storage facilities and efficient utility support. Additionally, sophisticated DCS control systems ensure fine control over operating parameters.

Products of the Company:-With basic engineering and process know-how from Chemische Werke Huls (CWH) Germany, Apcotex pioneered the production of Vinyl Pyridine Latex, an important raw material for the tyre industry, in India. The Company has following products such as:-

  • Carboxylated Styrene Butadiene Latices
  • Nitrile Latices
  • Styrene Butadiene Rubbers
  • Acrylic latexes,etc.

Awards/ Achievements

2011 - Apcotex Industries Ltd. - Taloja achieved a 'EXCELLENT' grade in Telos Safety Rating System which is an improvement over that achieved in the year May 2010

2012 -Apcotex was awarded the Total Productive Maintenance (TPM) Excellence Award Category A in March'2012 by the Japan Institute of Plant Maintenance (JIPM).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.64%
1 Week
+4.71%
1 Month
+6.13%
3 Month
+50.89%
6 Month
+89.32%
1 Year
+176.41%
2 Year
+80.11%
5 Year
+108.76%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 17.32 16.09 26.69 17.20 17.06 16.47 17.78 6.29 15.87
Return on Capital Employed (%) 16.19 16.51 29.41 21.21 20.62 23.00 23.89 9.28 19.87
Return on Assets (%) 7.57 7.40 13.56 10.68 12.10 12.05 12.93 4.30 10.41

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 78 85 100 187 223 246 278 251 305
Non Curr. Liab. 30 26 17 -2 7 7 9 35 24
Curr. Liab. 63 72 64 96 67 91 91 111 122
Minority Int.
Equity & Liab. 172 183 181 281 297 344 377 397 452
Non Curr. Assets 95 101 102 129 158 154 162 192 238
Curr. Assets 76 82 78 152 140 190 215 205 213
Misc. Exp. not W/O
Total Assets 172 183 181 281 297 344 377 397 452

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 273 297 355 268 388 526 626 496 541
Other Income 1 3 6 8 31 8 8 6 6
Total Income 274 300 361 276 419 534 634 502 547
Total Expenditure -251 -272 -313 -231 -359 -462 -557 -462 -471
PBIDT 24 28 48 45 60 72 77 40 76
Interest -3 -5 -4 -3 -4 -3 -4 -2 -5
Depreciation -3 -7 -9 -9 -12 -12 -12 -13 -15
Taxation -5 -4 -10 -9 -8 -17 -15 -8 -13
Exceptional Items -1 -1
PAT 13 13 25 25 35 39 47 17 44

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 28 10 32 -64 22 53 39 36 75
Cash Fr. Inv. -28 -6 -8 86 -8 -10 -8 -42 -37
Cash Fr. Finan. -19 -14 -26 -17 -17 -18 -30 7 -46
Net Change -19 -9 -2 5 -3 25 1 1 -8
Cash & Cash Eqvt 15 6 4 9 6 31 32 33 25

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 57.93 57.93 57.93 58.02 58.02 58.12 58.15 58.17 58.20
Public 42.07 42.07 42.07 41.98 41.98 41.88 41.85 41.83 41.80
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 29 Jul 2021
Earnings Presentation - July 2021 (Q1 - FY 2021-22)
Earnings Presentation - July 2021 (Q1 - FY 2021-22)
Wed, 28 Jul 2021
Financial Results - June 2021
Financial Results - June 2021
Fri, 23 Jul 2021
Conference Call - 29Th July 2021
Conference Call - 29th July 2021

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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