Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Investor Presentation (June 2025)
26 slides from Apcotex Industries's investor presentation, Jun 25, 2025
Slide 1: Exchange filing cover letter for Investor Presentation
25th June 2025 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 Symb
Slide 2: Investor Presentation June 2025
INVESTOR PRESENTATION JUNE 2025
Slide 3: Index
01 Index Executive Summary 02 ► Company Overview 04 ► Business Overview 13 ► Strategic Overview 17 ► Financial Overview 19
Slide 4: Executive Summary
01 EXECUTIVE SUMMARY
Slide 5: Executive Summary
02 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 bro
Slide 6: Company Overview
02 COMPANY OVERVIEW
Slide 7: Company Overview
6 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 EBITDA Margin (%) separate company, which was headed by Mr. Atul Choksey, former MD 16,000 24.0% of Asian Paints
Slide 8: Board of Directors
05 A_apcotex Board of Directors MR. ATUL C. CHOKSEY (CHAIRMAN) He is a Chemical Engineer from the Illinois Institute of Technology, Chicago, USA. He joined Asian Paints (India) Limited as Junior Executive in 1973 and was subsequently appointed as Whole-time Director with effect from May 1979. He ser
Slide 9: Board of Directors
8 06 Board of Directors MR. UDAYAN D. CHOKSI DR. ACHALA DANAIT (INDEPENDENT DIRECTOR) (INDEPENDENT DIRECTOR) He is a graduate in Economics from Warwick University. In addition to his C.A. She has done M.Sc. Chemistry from IIT Bombay in 1987 and Ph.D. Polymer Chemistry from degree, he also holds an L
Slide 10: Key Milestones
07 A_apcotex Key Milestones 1980 2013 2019 2023 Started as a division of Asian Paints. Installed capacity of saleable latex Entered into Nitrile Latex New Nitrile Latex capacity of 50,000 MT Pioneered the manufacturing of Vinyl increased at Taloja from 40,000 MT business for Gloves p.a. (wet) at Val
Slide 11: Industry Clients
08 A_apcotex Industry Clients PAPER CARPET l_ : _: l [_ : __ : l ITC Ltd JK PAPER RUBBER BILT NR Group Obeetee Industries ABC Industries TYRE/CORD DIPPER Standard Mac ► Paragon Footwear ► Distributors ► MRF ► Rajshree Polyfill ► Lunars Footwear all over ► SRF (Century Enka) Valia Plant ► India ► Madu
Slide 12: R&D and Quality Control
09 A_apcotex R&D and Quality Control The Company has been continuously upgrading their technology through in house research & development efforts to PRODUCT DEVELOPMENT LAB QUALITY ASSURANCE LAB meet the changing needs of customers Currently 41 employees are dedicated for R&D and technical support. D
Slide 13: Quality Certifications
10 A_apcotex Quality Certifications ISO 14001:2004, Integration of TPM Excellence ISO 9001 OHSAS 18001:2007 Quality, Environment Responsible Award for Valia Certified Certified and OHSAS Care Certified Plant Systems • 2000 2006 2009 2011 2012 2013 2015 2018 2022 • TPM Journey TPM Excellence TPM Consist
Slide 14: Key Strengths
11 A_apcotex Key Strengths ••• .... High entry barriers due to proprietary product and process Experienced technology, large Advanced Strategic location Promoters along capex, long sales technological Only of manufacturing with professional lead times and knowhow, in Manufacturer of Marquee list of
Slide 15: Business Overview
03 BUSINESS OVERVIEW
Slide 16: Process
13 A_apcotex Process VALUE CHAIN Sources of Raw Raw Final Materials Materials Products Paper Carpet Construction Butadien e Natural Gas Synthetic Tyre Cord Gloves Specialty Latex Styrene Nitrile Rubber NBR Polyblend Acrylonitrile Crude Oil Rubber High Styrene Rubber NBR Powder apcotex.com
Slide 17: Synthetic Latex Products
14 A_apcotex Synthetic Latex Products The company caters to a large customer base for synthetic latex across industries and commands high market share across industries like Paper, Carpets, Tyres and Construction. PAPER CARPET CONSTRUCTION SPECIALTY TYRE CORD GLOVES Provides high wet and Soft second
Slide 18: Synthetic Rubber Products
15 A_apcotex Synthetic Rubber Products Apcotex is the only manufacturer of Nitrile Rubber and High Styrene Rubber in India. It has a high market share in HSR but a low market share in NBR due to capacity constraints. NITRILE RUBBER (NBR) NBR POLYBLEND HIGH STYRENE NBR POWDER Low viscosity grade with
Slide 19: Strategic Overview
04 STRATEGIC OVERVIEW
Slide 20: Future Strategy
17 A_apcotex Future Strategy The Company’s presence Apcotex has a strong global The Company also in presence in South East plans the stable growth industries Asia, Middle East & Africa to increase capacities like Paper, Construction, and intends to tap the Asian for Nitrile Rubber to Carpet, Tyre an
Slide 21: Financial Overview
05 FINANCIAL OVERVIEW
Slide 22: Historical Income Statement
21 Historical Income Statement Particulars (INR Mn) FY22 FY23 FY24 FY25 Operational Revenue 9,569 10,799 11,246 13,924 Total Expenses 8,171 9,214 10,107 12,677 EBITDA 1,398 1,585 1,139 1,247 EBITDA Margins 14.61% 14.68% 10.13% 8.96% Depreciation 141 152 315 416 Finance Cost 32 51 156 173 Other Incom
Slide 23: Balance Sheet
22 Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 Particulars (INR Mn) FY23 FY24 FY25 Shareholders Fund 4,760 5,217 5,532 Total Non Current 4,809 4,958 4,905 Property, Plant and Equity Share Capital 104 104 104 3,834 3,838 3,842 Equipment Other Equity 4,656 5,113 5,428 Capital Work in progress 12
Slide 24: Historical Performance Indicators
23 Historical Performance Indicators Operational Revenue (INR Mn) EBITDA (INR Mn) EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) 13,924 1,585 11,246 1,398 10,799 1,247 1,079 9,569 988 1,139 539 541 14.6% 14.7% 10.3% 10.0% 10.1% 9.0% 4.8% 3.9% FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24
Slide 25: Disclaimer
22 A._apcotex 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
Slide 26: Investor Relations Contacts
For further details, please feel free to contact our INVESTOR RELATIONS REPRESENTATIVES: ,t apcotex ~ Bonds Beyond Chemistry VJ\LOREM A DVISORS 'il)rour Parnurs in Va(ue Creation" Mr. Drigesh Mittal Mr. Anuj Sonpal Apcotex Industries Limited Valorem Advisors CIN: L99999MH1986PLC039199 +91-22-4903950
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