Apcotex Industries Ltd

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NSEBSE

472.40-6.25 (-1.31%)

09:29 AM,22nd Feb 2024

471.90-6.10 (-1.28%)

09:43 AM,22nd Feb 2024

BSE : 523694

NSE : APCOTEXIND

Sector : Others

ISIN Code : INE116A01032

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Last Updated: Feb 22 2024 | 09:43 AM IST

Market Cap (₹ Cr)

2449

Turnover (₹ Cr)

0.02

Volume (Shares)

3582

Face Value

2

52-WK High

588.00

52-WK High Date

15 Jun 2023

52-WK Low

412.70

52-WK Low Date

17 Mar 2023

All Time High

679.00

All Time High Date

02 Jun 2022

All Time Low

0.82

All Time Low Date

20 Mar 2001

Apcotex Industries Ltd

Apcotex Industries Limited incorporated on March 12 1986 as a division of Asian Paints India Apcotex Lattices (ALL) was separated from the former in 1991 to enable closer management focus. The Company manufactures and markets Emulsion Polymers Synthetic Latexes Synthetic Butadiene Rubber and Nitirle Butadiene Rubber. The range of Synthetic Latex products are used among other applications for tyre cord dipping paper and paperboard coating carpet backing concrete modification/ water proofing non-woven textile finishing and paints. The various grades of Synthetic Rubber find application in products such as footwear automotive components rice rolls moulded items v-belts conveyor belts hoses etc.In technical collaboration with a German Company the Company set up a plant at Taloja Maharashtra to manufacture 750 tpa of vinyl pyridine latex (VPL). VPL finds application in the tyre industry. styrene butadiene rubber finds application in the textile and paper industries. ALL issued equity shares to the shareholders of Asian Paints. It came out with a rights issue in Dec.'92 to part-finance the expansion project to increase the capacity of the plant from 2780 tpa to 3780 tpa. It also increased the installed capacity of Synthetic rubber from 1500 mt to 10000 mtpa with an outlay of Rs 30.40 crores.During financial year 2015-16 the Company acquired 100% Shareholding (16099272) of Omnova Solutions India Private Limited on 5th February 2016 from Omnova Solutions India France Holding SAS and Omnova Solutions SAS France. The Scheme of Amalgamation of wholly owned subsidiary viz. Apcotex Solutions India Private Limited with the Company was approved by the Honorable High Court Judicature at Bombay on 27th October 2016 and became effective from 1st December 2016. Saldhar Investment and Trading Company Private Limited the Holding Company of Apcotex Industries Limited was amalgamated with Company upon Scheme of Amalgamation effective from 13th February 2018. In FY 2018-19 the Company implemented SAP S4 Hannah. During FY 2019-20 Company commissioned the Co-gen Power Plant at the Valia Unit.During the financial year 2022-23 Company commissioned a 50000MT Nitrile Latex plant in Valia Gujarat and a 35000MT multi-purpose latex plant in Taloja Maharashtra.

Apcotex Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2449

EPS - TTM (₹) [C]

18.09

P/E Ratio (X) [C]

4.96

Face Value (₹) 2
Latest Dividend (%)100.00
Latest Dividend Date 05 Feb 2024
Dividend Yield (%) 1.08
Book Value Share (₹) [C]95.28
P/B Ratio (₹) [C]4.96
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Motilal Oswal Nifty Microcap 250 Index Fund-Reg (G) 1.33 27696 0.17
Motilal Oswal Nifty Microcap 250 Index Fund-Dir (G) 1.33 27696 0.17
Groww Nifty Total Market Index Fund-Regular (G) 0.01 123 0.01
Groww Nifty Total Market Index Fund-Direct (G) 0.01 123 0.01

Research Reports

Date BrokerActionPrices(Rs)Report
07-06-2022Anand Rathi Buy 633

Stock Strength

Today's Low/High

471.15

481.05

Week Low/High

457.85

489.00

Month Low/High

455.55

537.00

Year Low/High

412.70

588.00

All time Low/High

0.95

679.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.38%0.36%0.770.44%
1 Month-11.44%-10.93%1.652.01%
3 Month-11.12%-11.24%9.9711.08%
6 Month-10.33%-10.50%11.3213.46%
1 Year10.37%10.58%21.5225.36%
3 Year168.64%168.10%45.9649.95%

Company Info

Company Information

Chairman (Non-Executive) : Atul C Choksey

Director : Amit C Choksey

Independent Director : S Sivaram

Managing Director : Abhiraj Choksey

Independent Director : Shailesh Shankarlal Vaidhya

Independent Director : Kamlesh Vikamsey

Independent Director : Priyamvada Bhumkar

Independent Director : Udayan Choksi

Executive Director : Ravishankar Sharma

Company Sec. & Compli. Officer : Jeevan Mondkar

Additional Director : Achala Danait

Additional Director : Priti Savla

Registered Office: 49/53 Mhaveer Centre Plot No, 77 Sector 17 Vashi,Navi Mumbai,Maharashtra-400703 Ph: 91-022-27770800

Email:redressal@apcotex.com

URL:http://www.apcotex.com