Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Q3 FY2026 Earnings Presentation
13 slides from Apcotex Industries's earnings presentation, Jan 30, 2026
Slide 1: Covering letter to stock exchanges
30th January 2026 To, To, The Manager - Listing Department, Manager-Department of Corporate Services The National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, 5th floor, Jeejeebhoy Towers, Plot no. C/1, “G” Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai-400051 S
Slide 2: Earnings Presentation Q3/9M-FY26
Earnings Presentation Q3/9M-FY26
Slide 3: Executive Summary
2 Executive Summary OVERVIEW Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. The company has one of the broa
Slide 4: Company Overview
3 Company Overview The company’s Taloja plant was established in 1980 as a division of Operational Revenue (INR Mn) and Asian Paints (India) Ltd. In 1991, the division was spun off as a separate EBITDA Margin (%) company, which was headed by Mr. Atul Choksey, former MD of Asian 16,000 13,924 24.0% P
Slide 5: Q3-FY26 Financial and Operational Highlights
4 Q3-FY26 Financial and Operational Highlights Q3-FY26 Financial Highlights Q3-FY26 Operational Highlights • Sales volume grew 10% year-on-year. INR 3,315 Mn INR 435 Mn • Operating EBITDA increased from INR 270 million in Operational Revenue EBITDA Q3-FY25 to INR 435 million in Q3-FY26, a growth of
Slide 6: Quarterly Financial Performance
5 Quarterly Financial Performance Particulars (INR Mn) Q3-FY26 Q3-FY25 Y-o-Y Q2-FY26 Q-o-Q Operational Revenue 3,315 3,553 (6.7)% 3,367 (1.5)% Total Expenses 2,880 3,283 (12.3)% 2,961 (2.7)% EBITDA 435 270 61.1% 406 7.1% EBITDA Margins 13.12% 7.63% 549 Bps 12.06% 106 Bps Depreciation 123 106 16.0% 1
Slide 7: 9M-FY26 Financial and Operational Highlights
6 9M-FY26 Financial and Operational Highlights 9M-FY26 Financial Highlights 9M-FY26 Operational Highlights • Achieved the highest-ever sales volume, up 15% year- INR 10,439 Mn INR 1,227 Mn on-year. Operational Revenue EBITDA • Recorded the highest-ever export sales volume, up 21% 0.1% YoY 42.2% YoY
Slide 8: YTD Financial Performance
7 YTD Financial Performance Particulars (INR Mn) 9M-FY26 9M-FY25 Y-o-Y Operational Revenue 10,439 10,430 0.1% Total Expenses 9,212 9,567 (3.7)% EBITDA 1,227 863 42.2% EBITDA Margins 11.75% 8.27% 348 Bps Depreciation 355 310 14.5% Finance Cost 88 129 (31.8)% Other Income 105 94 11.7% Profit Before Ex
Slide 9: Historical Income Statement
8 Historical Income Statement Particulars (INR Mn) FY23 FY24 FY25 9M-FY26 Operational Revenue 10,799 11,246 13,924 10,439 Total Expenses 9,214 10,107 12,676 9,212 EBITDA 1,585 1,139 1,248 1,227 EBITDA Margins 14.68% 10.13% 8.96% 11.75% Depreciation 152 315 416 355 Finance Cost 51 156 173 88 Other In
Slide 10: Balance Sheet
9 Balance Sheet Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 Shareholders Fund 5,217 5,532 5,799 Total Non-Current Assets 4,958 4,905 4,902 Equity Share Capital 104 104 104 Property, Plant and Equipment 3,838 3,842 3,827 Other Equity 5,113 5,428 5,695 Capital Work in
Slide 11: Historical Performance Indicators
10 Historical Performance Indicators Operational Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) 13,924 11,246 1,585 10,799 10,439 1,079 1,247 1,227 1,139 10.00% 667 539 541 14.70% 6.39% 11.75% 10.13% 8.96% 4.79% 3.89% FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-F
Slide 12: Disclaimer
11 Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitatio
Slide 13: Thank You
Thank You