Apcotex Industries reported a 312% year-on-year surge in net profit after tax (PAT) to ₹789.4 million for the quarter ended June 30, 2026 (Q1FY27), driven by robust operational leverage and favorable inventory adjustments. Revenue from operations rose 40% to ₹5,256.3 million from ₹3,757.6 million in Q1FY26, signaling strong demand for its synthetic emulsion polymers. The sharp improvement in profitability underscores disciplined cost management and efficient working capital utilization, delivering enhanced value to shareholders through a tripling of earnings per share.

The Board of Directors approved the audited financial results on July 29, 2026, following review by the Audit Committee. The figures were certified by Manubhai & Shah LLP, the company’s statutory auditor, who confirmed compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standards (IND AS). The audit was conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013.

Q1FY27 Financial Performance

Revenue from operations expanded to ₹5,256.3 million in Q1FY27, compared to ₹3,757.6 million in the corresponding quarter of FY26. This top-line growth was supported by stable other income at ₹280.5 million, contributing to total income of ₹5,284.4 million. Net profit after tax reached ₹789.4 million, up significantly from ₹191.6 million in Q1FY26. Earnings per share (basic and diluted) increased to ₹15.23 from ₹3.70, reflecting the substantial bottom-line expansion.

Margin Expansion and Operational Efficiency

EBITDA grew to ₹1,177.6 million from ₹386.0 million year-ago, reflecting an EBITDA margin expansion to 22.4% from 10.3%. This margin improvement was primarily fueled by favorable changes in inventories of finished goods and work-in-progress, which contributed a credit of ₹372.7 million to profits, compared to a debit of ₹89.0 million in Q1FY26. Cost of materials consumed increased proportionally with revenue to ₹3,765.1 million, while employee benefit expenses rose modestly to ₹239.2 million from ₹192.5 million.

Tax expenses stood at ₹257.1 million, comprising current tax of ₹268.3 million partially offset by deferred tax credits of ₹111.7 million. The effective tax rate remained manageable, allowing the bulk of pre-tax profit gains to flow through to the bottom line. Total comprehensive income for the quarter reached ₹868.1 million, including other comprehensive income items such as revaluation reserves.

What the Numbers Show

The divergence between revenue growth (40%) and net profit growth (312%) highlights the powerful impact of operational leverage at Apcotex Industries. The significant inventory adjustment—shifting from a negative contribution in Q1FY26 to a positive ₹372.7 million credit in Q1FY27—played a critical role in boosting EBITDA margins. While this reflects improved production efficiency or demand fulfillment timing, investors should monitor whether this inventory trend is sustainable in subsequent quarters. The absence of exceptional items ensures that the reported profit is purely operational, reinforcing the quality of earnings.

Apcotex Industries Limited will host an earnings conference call on July 30, 2026, at 2:00 PM IST to discuss its financial performance for the quarter ended June 30, 2026. The announcement, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informs investors of the upcoming discussion regarding the company’s Q1FY27 results. This disclosure ensures transparency and provides stakeholders with direct access to management insights on the latest operational and financial outcomes.

The conference call serves as a key communication channel for shareholders and analysts to understand the drivers behind the company’s quarterly performance. By scheduling this event, Apcotex Industries aims to address queries regarding revenue generation, cost structures, and strategic initiatives undertaken during the period. The timing of the call allows for immediate engagement following the release of financial data, facilitating timely market interpretation.

Management Participation

Senior leadership from Apcotex Industries will represent the company during the session. Mr. Abhiraj Choksey, Vice Chairman and Managing Director, will provide strategic context and operational updates. Mr. Vivek Thakur, Chief Financial Officer, will lead the discussion on financial metrics, liquidity position, and capital allocation strategies. Their presence underscores the company’s commitment to detailed financial reporting and investor relations.

Call Access Details

Investors and analysts can access the conference call through multiple channels. The primary dial-in numbers are +91 22 6280 1341 and +91 22 7115 8242. International participants can use toll-free numbers provided for the USA, UK, Singapore, and Hong Kong. Additionally, a Diamond Pass link is available for seamless online access. These options ensure global accessibility for all interested parties.

Dial-In Numbers

• Universal Dial In: +91 22 6280 1341 / +91 22 7115 8242
• USA Toll Free: 1866 7462 133
• UK Toll Free: 0808 1011 573
• Singapore Toll Free: 800 101 2045
• Hong Kong Toll Free: 800 964 448

The notice was issued by Drigesh Mittal, Head - Company Secretary & Legal, on July 23, 2026. The company’s registered office is located in Navi Mumbai, while its corporate office operates from Mumbai. This structured approach to earnings communication aligns with regulatory best practices and supports informed investment decision-making.