Apcotex Industries

Hiloni Ankur Choksey, a promoter group member of Apcotex Industries Limited, acquired 370 shares through open market purchase on November 7, 2022. Following this acquisition, her total shareholding increased to 1,900 shares, representing 0.004% of the company's equity share capital. The company has an equity share capital of Rs. 10.37 crore consisting of 5.18 crore equity shares of Rs. 2 each. The disclosure was made under SEBI regulations governing substantial acquisition of shares and takeovers.

Apcotex Industries Limited reported operating revenue of Rs 376 crores for the quarter ended June 30, 2025, marking 12% year-on-year growth. Operating EBITDA reached Rs 39 crores with 22% year-on-year growth and improved margins at 10.3% compared to 9.45% in the previous year. Profit after tax stood at Rs 19 crores with a PAT margin of 5.11%. The company achieved its highest ever quarterly sales volumes with 25% year-on-year volume growth, driven primarily by export revenues which grew 37% and contributed 37% of total revenue. Capacity utilization reached 85% at the Taloja latex plant, 90% at the Valia Nitrile latex plant, and nearly 100% for NBR and other products. The company delivered consistent sales volume growth for six consecutive quarters. Management indicated plans for de-bottlenecking and expansion projects focusing on latex, SBR latex, styrene acrylics, and NBR products. However, Nitrile Latex margins remained challenging due to industry overcapacity, despite high capacity utilization. The company is pursuing an anti-dumping case for NBR products and has invested Rs 3.5 crores in a hybrid power project for its Gujarat plant.

Apcotex Industries Limited approved audited financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 37,576.41 lakhs, total income of Rs 37,840.77 lakhs, and net profit after tax of Rs 1,915.94 lakhs. Earnings per share stood at Rs 3.70. The Board also appointed Mr. Vivek Thakur as Chief Financial Officer effective July 30, 2025. Thakur is a Chartered Accountant with over 24 years of experience, including more than 13 years in the chemicals sector, and was previously CFO at Visen Industries Limited. The company operates in synthetic emulsion polymers business.