Apcotex Industries delivered its strongest quarterly financial performance in company history during Q1FY27, reporting a net profit after tax (PAT) of ₹789 million, a 311% year-on-year increase. The synthetic rubber and latex producer achieved an all-time high EBITDA margin of 22.28%, driven by higher price realizations that offset lower sales volumes. This result marks a significant turnaround from the previous quarter’s PAT margin of 8.73%, signaling robust operational leverage and improved profitability dynamics for shareholders. The company has made the audio recording and transcript of the earnings conference call held on July 30, 2026, available on its website, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors approved the audited results on July 29, 2026, with figures certified by statutory auditor Manubhai & Shah LLP. The company submitted its earnings presentation to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 30, 2026. Management highlighted that while export volumes faced headwinds due to geopolitical tensions in West Asia, domestic demand and pricing power sustained top-line growth. The transcript reveals that the margin expansion was partly aided by inventory gains, which Vice Chairman and Managing Director Abhiraj Choksey estimated contributed approximately 2% to EBITDA.

Q1FY27 Financial Performance

Revenue from operations rose 40% year-on-year to ₹5,256 million (₹526 crore), reaching an all-time quarterly high. This growth was primarily fueled by better price realization rather than volume expansion, as export shipments were adversely affected by logistics disruptions in key markets. Total expenses increased by 21.2% to ₹4,085 million, lagging revenue growth and enabling significant margin expansion. EBITDA jumped 203% to ₹1,171 million (₹117 crore), compared to ₹387 million in Q1FY26.

Operational Drivers and Challenges

The company attributed the margin expansion to disciplined cost management and favorable inventory adjustments. However, working capital requirements increased due to elevated raw material prices, leading to higher inventory values and receivables as input costs were passed through to customers. Export volumes were specifically impacted by geopolitical tensions in West Asia, which disrupted logistics across key export markets. Chief Financial Officer Vivek Thakur noted that while the quantity of inventory held remained similar to the previous quarter, the value increased significantly due to higher raw material prices. Despite this, the company maintained strong domestic sales, supported by its broad portfolio of synthetic emulsion polymers serving clients such as ITC, Asian Paints, and Ultratech Cement.

Strategic CapEx and Future Outlook

Management outlined strategic capital expenditure plans totaling approximately ₹220 crore, aimed at expanding capacity in NBR and synthetic latex segments. Abhiraj Choksey stated that the NBR project is expected to come on stream by Q1FY28, with the synthetic latex project following shortly after. He highlighted an innovative debottlenecking approach for the NBR expansion, allowing for nearly 100% capacity addition at a lower cost of ₹130–140 crore, improving return on capital expectations. The company currently holds a net cash position of approximately ₹30–40 crore, having reduced from ₹70 crore due to working capital needs and initial CapEx outflows. Choksey emphasized that sustainable average margins are targeted at 15–16%, though current geopolitical factors may support higher levels temporarily.

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.