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Apcotex Industries (APCOTEXIND) investor relations material
Apcotex Industries Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 10% year-on-year volume growth in Q3, with operating revenue declining 7% due to lower prices, but operating EBITDA rose 61% year-on-year to INR 44 crore and PAT increased 91% to INR 22 crore, with a PAT margin of 6.7%.
For the nine months, highest ever sales and export volumes, up 15% and 21% year-on-year, respectively.
Interim dividend of INR 2.50 per share declared for FY 2025-26.
Recognized among Forbes Asia's Best Under A Billion 2023 and received CII award for innovation.
Audited financial results for the quarter and nine months ended December 31, 2025, show continued profitability and operational stability.
Financial highlights
Q3 FY26 operating revenue: INR 332 crore (down 7% year-on-year); EBITDA: INR 44 crore (up 61% year-on-year); PAT: INR 22 crore (up 91% year-on-year); EBITDA margin: 13.12%; PAT margin: 6.7%.
9M FY26 operating revenue: INR 1,044 crore (broadly stable year-on-year); EBITDA: INR 123 crore (up 42% year-on-year); PAT: INR 67 crore (up 79% year-on-year); EBITDA margin: 11.75%; PAT margin: 6.39%.
Net profit margin improved to 6.39% for 9M FY26, up 281 bps YoY.
Debt reduced by INR 94 crore during the nine months.
EPS for Q3 was INR 4.28 (not annualised).
Outlook and guidance
Management expects further margin improvement as capacity utilization increases and product/customer mix optimizes.
EBITDA margins are expected to remain in the 12%-16% range, with potential for further improvement.
Expansion projects are on track, with commissioning expected between late FY26 and early FY27, adding INR 550-600 crore to top line.
Full capacity utilization in nitrile latex and NBR expected within the next year.
The company continues to monitor the impact of new labour codes and will account for any future changes as required.
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- AAK
Profitability improved despite lower volumes; higher dividends and share buyback proposed. - MILDEF
Record growth and profitability in Q4 and 2025, driven by RODA and strong order intake. - 500570
JLR's cyber incident drove a 25.8% revenue drop, but domestic PV business surged 24% YoY. - DOO
Q3 revenue and net income surged, prompting higher FY26 guidance amid industry headwinds. - METS
Profitability turned negative despite higher sales, with cost savings and restructuring underway. - KCR
Record profitability and strong orders in 2025, with net profit up 8.5% year-over-year. - 532548
Q3 revenue up 18.4% YoY, margin gains, and expansion plans drive strong outlook despite risks. - GALE
Strong sales and profit growth, digital expansion, and higher dividend proposed for 2024. - BPE
Adjusted net profit hit €2.1bn, with a 75% payout and BPSO integration progressing. - MANE
VDPHL01 could reshape PHL treatment with rapid, consistent results and broad market potential.
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