Apcotex Industries share price, P/E, ROE & financials

On 6 Nov 2026, Apcotex Industries was priced at ₹484.65, or 14.7× trailing earnings, against an industry P/E of 22.1×, and the shares are 32% below their 52-week high. Sales grew 10% a year over 3 years while net profit fell 2.1%, with ROCE of 21% and ROE of 26%. Debt is 0.20× equity, and its dividend yield is 1.6%. It is a small-cap company with a market cap of ₹2,513 Cr, ranked 53rd of 204 Specialty Chemicals companies by market cap; the shares rose 38% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹492.00
Day high: ₹492.00
Day low: ₹474.15
Prev. close: ₹489.80
Volume: 52.8K

Health check

3 good · 2 fair · 1 to check

ReturnsAhead
+38.0% over a year, better than 6 of 7 peers.
Price tagCheaper
P/E 14.7 vs industry 22.1.
GrowthSteady
Sales +10.1%, profit −2.1% a year over 3 years.
ProfitabilityAverage
ROCE 21.0% vs peer median 24.4%.
Balance sheetSolid
Debt 0.20× equity, interest covered 14.7×, Piotroski 9 of 9.
Red flags1 to check
32% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹2,513 Cr, #53 of 204 in its industry by size.

Defensive

Beta 0.34 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,754 Cr · profit ₹171 Cr

Market cap: ₹2,513 Cr; Small cap
P/E: 14.7; Industry 22.1
Price to book: 3.52; Peers 13.33
Dividend yield: 1.65%
ROE: 26.4%; Peers 23.0%
ROCE: 21.0%; Peers 24.4%
Debt to equity: 0.20; Debt ₹141 Cr
EPS (TTM): ₹32.93; Face value ₹2
OPM (TTM): 15.6%; Net margin 9.7%
Sales growth: +48.2%; Latest quarter vs a year ago
Profit growth: +37.7%; Latest quarter vs a year ago
Price to sales: 1.43; EV/EBITDA 9.5

Strengths

Return on equity of 26.4%.
Return on capital employed of 21.0%.
Quarterly profit up 37.7% on a year ago.
Quarterly sales up 48.2% on a year ago.
P/E of 14.7 against an industry P/E of 22.1.

Risks to check

32% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Apcotex Industries

Apcotex Industries Limited manufactures and sells specialty emulsion polymers in India and internationally. The company offers synthetic rubber products, including nitrile butadiene rubber (NBR), NBR-PVC polyblends, high styrene rubber (HSR), and powdered nitrile butadiene rubber (PNBR); synthetic latexes, such as styrene-butadiene latex, nitrile latex, vinyl pyridine latex, pure acrylic and styrene acrylic latex, specialty NBR latex, XSB latex, and XNB…

Headquarters: Mumbai
Employees: 616
Sector: Basic Materials
ISIN: INE116A01032
Website: apcotex.com

Price range

52 weeks

₹310.45₹712.00

Today

₹474.15₹492.00

Avg volume (3M): 1.2 L
1-year return: plus 38.0%
From 52-week high: minus 31.9%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASIANPAINTAsian Paints	2,546.00	plus 0.88%	2,44,025	50.5	35.0	24.4%	18.9%	0.21	1.1%	plus 1.5%
SOLARINDSSolar Industries India	18,608.00	plus 0.48%	1,68,384	74.4	64.1	29.5%	27.8%	0.22	12.4%	plus 35.9%
PIDILITINDPidilite Industries	1,579.00	plus 1.63%	1,60,827	60.0	44.4	28.5%	23.5%	0.03	7.4%	plus 6.8%
LINDEINDIALinde India	6,859.00	plus 8.73%	58,496	118.4	64.2	16.3%	31.5%	0.23	–	plus 5.4%
BERGEPAINTBerger Paints India	478.35	minus 5.28%	55,776	45.4	29.4	20.6%	15.3%	0.15	4.2%	minus 6.0%
FLUOROCHEMGujarat Fluorochemicals	4,665.50	minus 0.94%	51,251	75.9	44.0	9.6%	24.1%	0.26	−4.5%	plus 28.0%
ACUTAASAcutaas Chemicals	3,786.60	plus 0.42%	31,001	70.9	64.1	27.7%	39.4%	0.01	29.4%	plus 105.6%
APCOTEXINDApcotex Industries	484.65	minus 1.05%	2,513	14.7	13.9	21.0%	15.6%	0.20	10.1%	plus 38.0%
Median of 7 peers	–	0.48%	58,496	70.9	44.4	24.4%	24.1%	0.21	5.8%	6.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
337	331	398	526	499
296	288	343	409	441
40.6	43.5	54.7	117	58.3
12.1%	13.1%	13.8%	22.3%	11.7%
4.6	3.3	6.7	2.8	4.5
3	2.2	2.4	2.1	2.6
12	12.3	14	13.1	12.8
5.8	−4.8	–	–	–
36	27.5	45	105	47.5
29.7%	19.4%	22.8%	24.6%	26.7%
25.3	22.2	34.7	78.9	34.8
4.88	4.28	6.70	15.23	6.72

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +10.1%
Profit CAGR 3Y: −2.1%
EPS CAGR 3Y: −2.1%
ROE: 26.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,069	1,113	1,378	1,427
–	+4.1%	+23.7%	+3.6%
911	999	1,253	1,243
159	114	125	183
14.8%	10.2%	9.1%	12.9%
5.6	5.6	7.3	12.3
4.5	14.8	16.2	9.8
15.2	31.5	41.6	49.6
1	1.3	2	−1.6
146	74.5	76.2	135
25.8%	27.7%	29.1%	24.8%
108	53.9	54.1	101
–	minus 50.1%	+0.3%	+87.6%
20.82	10.39	10.43	19.56

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.4	10.4	10.4	10.4
466	511	543	611
152	188	189	96.4
176	212	256	269
803	922	999	986
396	392	396	374
12.3	7.9	11.9	11.3
73.2	88.7	83.4	94.9
30.2	37.7	49.2	54.3
292	396	458	452
803	922	999	986

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
121	40.2	84.7	203
−179	−19.6	−28.7	−57.4
70.8	−13	−44.5	−141
12.8	7.6	11.5	5.1
−187	−27.8	−50	−44.5
−65.6	12.4	34.8	159
−25.8	−28.2	−28.2	−36.2

Shareholding pattern

Source: NSE filings

58.2%

promoters

Promoters58.23%
Public41.77%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	58.23%	41.77%	0.00
30 Jun 2026	58.23%	41.77%	0.00
31 Mar 2026	58.23%	41.77%	0.00
31 Dec 2025	58.23%	41.77%	0.00
30 Sep 2025	58.23%	41.77%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

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