Apcotex Industries share price today

Apcotex Industries Ltd's share price was ₹487.75 at the close on 4 November 2026. It has been rising for 25 weeks. That is 4.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹331 and ₹636, and at that close it sat 51% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Apcotex Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running.

Over the last 11 years the share price moved +508% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: foreign funds (FIIs) raised their stake for 5 quarters in a row and profit up on a year earlier for 8 quarters in a row.

1. Foreign funds (FIIs) raised their stake for 5 quarters in a row

   From 0.5% to 1.6% of the company by the September 2026 quarter.

2. Profit up on a year earlier for 8 quarters in a row

   In the September 2026 quarter profit was ₹35 crore, +40% on a year earlier.

   Why: Profit rose because sales volume grew and export shipments picked up.

   Next results: check whether the profit percentage improves as raw material prices rise again and the company charges more, or if it chooses to sell more at lower prices.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Apcotex Industries reported revenue of ₹499 crore, up 48.1% from ₹337 crore a year earlier, and a profit of ₹35.0 crore, up 40.0% from ₹25.0 crore.

Apcotex Industries results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Apcotex Industries' management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Apcotex Industries closed at ₹487.75 on 4 November 2026, up 23.8% from ₹394.05 a year earlier (7 November 2025) and up 23.2% over five years. Its highest weekly close since March 2016 was ₹635.50 on 4 September 2026.

Apcotex Industries share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Apcotex Industries closed at ₹487.75, up 2.3% on the week and down 17.8% on the month. 29 Oct 2026: Apcotex Industries held its results call for July to September 2026. Management guided: Overall volume growth 10-12% annually on average over next 3-5 years.

Earlier

• Results for July to September 2026: Revenue up 48.1% and profit up 40.0% on a year earlier.
• 12 Jun 2026: ex-date for a dividend of ₹5.50 a share.
• 4 Feb 2026: ex-date for an interim dividend of ₹2.50 a share.

Apcotex Industries paid ₹8 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.64% at the ₹487.75 close on 4 November 2026. The last was a dividend of ₹5.50 a share, ex-date 12 June 2026.

Apcotex Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Apcotex Industries Ltd paid out 41% of its profit as dividends in FY26, and it paid a dividend in each of its last 12 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 29 October 2026, Apcotex Industries' management guided: Overall volume growth 10-12% annually on average over next 3-5 years.

“Ideally, we would want it to be closer to 15%, but we are quite happy with 12%, given the high cost of raw materials and the high selling prices today.”Abhiraj Choksey, on the call for July to September 2026

What management guided

• NBR stream commissioning April 2027 with SB latex following quarter both on track.
• NBR utilisation ramp to full over 2-3 years after start-up.
• Nitrile latex expansion decision over next couple quarters pending durable margins.
• Operating margin aspiration near 15% while tolerating softer prints to defend volumes.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

When Apcotex Industries reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Next-quarter percentage-margin path - whether input rebound and pass-through lift print or volume defence keeps it muted.

Apcotex Industries is on 2 of our India lists: Undervalued stocks and Dividend stocks.

Apcotex Industries Ltd earned ₹35.0 Cr of net profit in the Sep 2026 quarter, +40.0% on the same quarter a year earlier. That is the 8th quarter in a row of profit growth. Full-year FY26 profit was ₹101 Cr. Over 10 years profit has grown 15.0% a year on average. That is 7.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹25.0 Cr.

For the full year, FY26 profit was ₹101 Cr (+87.0% on the year before).

Why profit moved: revenue changed +48.1% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +136.3% and revenue +23.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Apcotex Industries Ltd reported ₹499 Cr of revenue in the Sep 2026 quarter, +48.1% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 18.5% a year on average. The last full year, FY26, came in at ₹1,442 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,754 Cr.

FY26 revenue was ₹1,442 Cr, +3.6% on the year before.

Recent pace: the last four quarters grew +23.8% on average, against 18.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +23.8%, against +18.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +134.2%, against +81.3% a year (accelerating).

Apcotex Industries Ltd's operating margin was 12.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 12 years it has been between 7.0% and 15.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.4 percentage points on the year while gross margin changed −3.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 157% of Apcotex Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹203 Cr of operating cash against ₹101 Cr of profit. After ₹27.0 Cr of spending on assets, ₹176 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 157% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Apcotex Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 40 days in FY26, down from 43 days in FY21. It spent ₹102 Cr on assets over the last 3 years. Customers take 62 days to pay, and stock sits for 49 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,442 Cr, each day of that cycle ties up about ₹4.0 Cr, so roughly ₹158 Cr is tied up in the business at any time.

FY26: customers took 62 days to pay and stock sat for 49 days, about 1.6 months of sales sitting as stock, for a full cycle of 40 days, shorter than FY21's 43.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 49 days. Customers pay about 62 days after that. Suppliers are paid at 70 days. Together that makes the 40-day cycle.

Spending on assets: ₹102 Cr over the last 3 years, against ₹124 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹11.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Apcotex Industries Ltd's P/E is 14.5×, about the lowest it has ever been. Its usual P/E (the middle reading) is 28.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹32.94.