Apcotex Industries Limited — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Apcotex Industries reported strong Q1 FY26 financials with `Rs. 376 crores` revenue (+12% YoY) and `Rs. 39 crores` EBITDA (+22% YoY), reaching 10.3% margin. PAT was `Rs. 19 crores`. Volume grew 25% YoY, driven by record 37% export growth, now 37% of revenue. Management noted Nitrile Latex margins are low due to industry overcapacity despite 90% utilization. Future focus is brownfield expansion in SBR latex, styrene acrylics, and NBR (not Nitrile Latex), aiming for 20-25% ROCE. An anti-dumping case for NBR imports is in advanced stages. Management is confident in strategic direction amidst market uncertainties, targeting 40-45% export share.