SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Check Before You Invest : Apcotex Industries Ltd

BSE: 523694 NSE: APCOTEXIND ISIN: INE116A01032
  |   Sector:  Agriculture & Allied activities   |   Industry:  Rubber Products

Snapshot

Q.1 Which industry/sub-sector does Apcotex Industries Ltd belong to?
Apcotex Industries Ltd belongs to the Agriculture & Allied activities sector, operating specifically within the Rubber Products segment.
Q.2 Is Apcotex Industries Ltd a good quality company?
Apcotex Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Apcotex Industries Ltd undervalued or overvalued?
Apcotex Industries Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 5-year
Historic Median
Price to Earnings 26.57 30.05
Price to Book 4.34 4.97
Price to Sales 1.87 2.21
EV to EBITDA 14.08 16.74
Q.4 Is Apcotex Industries Ltd a good buy now?
Apcotex Industries Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Apcotex Industries Ltd?
Apcotex Industries Ltd revenue growth is 23.8% for FY-2025, which is in line with its 5-year CAGR of 22.93%, indicating stable growth.

Q.2 Gross Profit margin of Apcotex Industries Ltd?
Apcotex Industries Ltd Gross profit margin which is the profit after deduction of direct costs, is 8.4% for FY-2025, which is below its 5-year median of 13.2%, indicating decreasing margins.

Q.3 Operating Profit Margin of Apcotex Industries Ltd?
Apcotex Industries Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 8.96% for FY-2025, which is below its 5-year median of 12.92% indicating decreasing margins.

Q.4 Net Profit Margin of Apcotex Industries Ltd?
Apcotex Industries Ltd Net Profit Margin is 3.88% for FY-2025, is below its 5-year median of 8.17%, indicating decreasing margins.
Current Level 5-year
Historic Median
Gross Profit Margin (%) 8.4 13.2
Operating Profit Margin (%) 8.96 12.92
Net Profit Margin (%) 3.88 8.17

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Apcotex Industries Ltd?
Apcotex Industries Ltd Return on Asset is 5.63%, which is below its 5-year historical median of 10.41%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Apcotex Industries Ltd?
Apcotex Industries Ltd Return on capital employed is 12.97% for FY-2025, which is below its 5-year historical median of 19.53%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Q.7 Return on Equity (ROE) of Apcotex Industries Ltd?
Apcotex Industries Ltd Return on equity is 10.06% for FY-2025, which is below its 5-year historical median of 15.87%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Apcotex Industries Ltd?
Apcotex Industries Ltd Cash conversion cycle is 47 days, in line with its 5-year historical median of 47 days, indicating stable working capital management. However, you need to compare this with its peers in the industry.
Current Level 5-year
Historic Median
Asset Turnover (x) 1.46 1.46
ROE (%) 10.06 15.87
ROCE (%) 12.97 19.53
Cash Conversion Cycle 47 days 47 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Apcotex Industries Ltd?
Apcotex Industries Ltd Debt-to-Equity ratio is 0.33, which is lower the industry average of 0.44, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Apcotex Industries Ltd?
Apcotex Industries Ltd Debt to cash flow from operations is 2.18, which is at a moderate level.

Ownership & governance

D: Promoter shareholding and pledge status of Apcotex Industries Ltd?

Q.1 Promoter shareholding and pledge status of Apcotex Industries Ltd?
Promoters hold 58.23% of the Apcotex Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Apcotex Industries Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Apcotex Industries Ltd vs industry peers?
Apcotex Industries Ltd revenue CAGR is 22.93%, compared to the industry median CAGR of 8.96%, indicating faster growth and gaining its market share.
Profit Metrics
Current Level 5-year
Industry Median
Revenue Growth (%) 23.8 9
Gross Profit Growth (%) 11.3 18.5
Operating Profit Growth (%) 9.7 13.1
Net Profit Growth (%) - 20.1
Operating Efficiency
Current Level 5-year
Industry Median
Asset Turnover (x) 1.46 1.31
ROE (%) 10.06 5.31
ROCE (%) 12.97 7.92
Cash Conversion Cycle (days) 47.36 76

Valuation & price assessment

Q.1 Stock return of Apcotex Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 16% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
16% 9.8% 0.9% 54%
Q.2 Valuation ratios of Apcotex Industries Ltd vs historical?
The current P/E ratio of 26.57 is lower than its historical median of 30.05, indicating that the stock is trading below its historical average valuation.
Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?
Valuation Ratios Current 5-year
Historic Median
5-year
Industry Median
Price to Earnings 26.57 30.05 25.04
Price to Book 4.34 4.97 2.69
Price to Sales 1.87 2.21 1.31
EV to EBITDA 14.08 16.74 13.74

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×