Apcotex Industries Limited — Investor Meet, 09-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Apcotex Industries reported Q4 revenue of Rs. 349 Cr, up 12.5% YoY, led by record volumes and a 22% jump in exports. EBITDA grew 23% YoY to Rs. 39 Cr with margins improving to 11%, while PAT rose 10% YoY to Rs. 17 Cr (4.8% margin). FY25 revenue reached Rs. 1,392 Cr, up 24%, with EBITDA at Rs. 125 Cr (9%) and PAT of Rs. 54 Cr (3.9%). Capacity utilization is healthy, with NBR near full capacity and nitrile latex ramping up. Margins have stabilized due to volume gains and efficiencies but face risks from US tariffs and raw material pricing. Exports contribute about 33% of sales, targeting 40%+ growth in key regions. Debt stands at Rs. 185 Cr with Rs. 100 Cr cash reserves. Management is cautiously optimistic, focusing on profitable capacity expansion and monitoring geopolitical risks.