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Apcotex Industries Ltd

Q2 FY26Industrial Products

Apcotex Industries Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹625
Market cap₹3.3K Cr
P/E20.3
Updated23 Aug 2026
Read4 min read

The short version

Volume growth has been strong, with 18% increase in H1 FY'26 and 11% in Q2. Volume growth is strong with 18% increase in H1 FY26, supporting earnings growth.

From Apcotex Industries Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Volume growth has been strong, with 18% increase in H1 FY'26 and 11% in Q2.
  • Expansion plans approved with INR 210 crores capex at Valia facility, adding 37,000 MT synthetic latex and 14,600 MT nitrile rubber capacity.
  • Combined revenue potential from expansion is INR 550-600 crores.
  • Additional capacity expected to come on stream phased over six to seven quarters, targeted by Q1 FY'27-28 (April-June 2027).
  • Volume ramp-up post-expansion expected over approximately 3 years.
  • Export volumes grew 31% YoY, aiming to increase export share from ~31% to 45% over next 1-2 years.

2 more points from Apcotex Industries Ltd's call on revenue

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Profitability & Margins

See what Apcotex Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Announced CAPEX of approximately Rs. 210 crore spread over 6-7 quarters, focused on expansion at the Valia facility.
  • Expansion includes synthetic latex capacity (styrene butadiene latex and styrene acrylic latexes) and nitrile butadiene rubber (NBR) allied products.
  • Synthetic latex expansion targets capacity increase by about 35-40%, with next-generation technology for better productivity, cost, and quality.
  • NBR expansion is a brownfield project aiming to increase capacity to around 35,000-36,000 tonnes, making the company a mid-sized global player.
  • Capital expenditure expected around Rs. 65 crore in FY26, with Rs. 20-25 crore for expansion and the rest for maintenance and other projects.
  • Additional minor debottlenecking and capacity increments phased between mid-2026 and early 2027.

2 more points from Apcotex Industries Ltd's call on capex

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Top-ranked in Industrial Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Shera Energy
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

Key points related to demand and market outlook include: - Export contribution was about 31% in the recent quarter, with a target to grow exports to around 45% over the next 1-2 years. - Volume growth for H1 FY26 was 18% year-over-year, indicating strong demand. - The company indicated some large orders can cause quarter-to-quarter variation in export percentages.

2 more points from Apcotex Industries Ltd's call on order book

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Apcotex Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹499 Cr, net profit ₹35 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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  • Shubhshree Biofuels Energy Ltd (Q2 FY26)

    Revenue from operations for H1 FY26: ₹9,604.6 Lakhs . Key investor presentation takeaways from Shubhshree Biofuels Energy Ltd's Q2 FY26 investor presentation —

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  • WOL 3D India Ltd (Q2 FY26)

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Frequently Asked Questions

What were Apcotex Industries Ltd Q2 FY26 results?

Volume growth has been strong, with 18% increase in H1 FY'26 and 11% in Q2. Volume growth is strong with 18% increase in H1 FY26, supporting earnings growth.

What is Apcotex Industries Ltd share price analysis?

Apcotex Industries Ltd currently shows a neutral. The stock trades at a P/E of 20.3 with a market cap of ₹3,264 Cr. Investors should review the full earnings analysis for detailed insights.

Is Apcotex Industries Ltd planning capital expenditure?

Announced CAPEX of approximately Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.