Apcotex Industries Ltd
Apcotex Industries Ltd (APCOTEXIND)

Apcotex Industries Ltd (APCOTEXIND)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-0.15 %
3 Month Return-0.42 %
1 Year Return44.38 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 189
Rank 128
Rank 178
Dividend Yield
Rank 40
Rank 34
Price To Book Ratio
Rank 191
Debt To Asset
Rank 243

Company Information

Incorporated in 1986 as a division of Asian Paints India Apcotex Lattices ALL was separated from the former in 1991 to enable closer management focus. It manufactures synthetic rubber lattices such as vinyl pyridine latex and styrene butadiene rubber latex. In technical collaboration with a German company it 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. This unit has recieved ISO 9002 certification from M/s TUV India Pvt Ltd during the year 20002001.ALL issued equity shares to the shareholders of Asian Paints. It came out with a rights issue in Dec.92 to partfinance 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.High input cost and availability of imported rubber and latex at dumping prices have put the companys margin under pressure.
OrganisationApcotex Industries Ltd
HeadquartersNavi Mumbai
IndustryPlantation & Plantation Products