1. Is Apcotex Industries Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Apcotex Industries Ltd is a average quality company.
2. Is Apcotex Industries Ltd undervalued or overvalued?
The key valuation ratios of Apcotex Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Apcotex Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Apcotex Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||12%||11.9%||18.3%||13.1%||8.2%||15%||17.5%||5.5%||14.7%||25.4%||-|
|Value Creation Index ⓘ||-0.2||-0.2||0.3||-0.1||-0.4||0.1||0.3||-0.6||0.1||0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||8.6%||19.5%||-24.4%||44.6%||35.6%||18.9%||-20.7%||9%||77%||-|
|Adj EPS ⓘ||2.6||2.3||4.1||3.9||3.1||7||8.7||2.8||8.3||18.3||22.3|
|YoY Gr. Rt. %||-||-10%||76.8%||-4.6%||-20.9%||124.4%||24.9%||-68.5%||200.4%||121.8%||-|
|BVPS (₹) ⓘ||15.1||16.4||19.2||36.1||43||47.5||53.6||48.5||58.9||76.4||89.8|
|Adj Net Profit ⓘ||13.4||12.1||21.4||20.4||16.1||36.2||45.2||14.3||42.8||95||116|
|Cash Flow from Ops. ⓘ||27.9||9.9||32||-64.4||22.2||53.2||38.8||36.3||75.2||47.5||-|
|Debt/CF from Ops. ⓘ||1.7||4.9||1||-0.4||1||0.3||0.1||1.4||0.2||1.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||24.3%||42.6%||28.1%||121.8%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||18.2||14.8||23.1||14.2||7.9||15.4||17.3||5.4||15.4||27.1||26.8|
|Op. Profit Mgn % ⓘ||8.6||8.4||11.8||14||7.4||12.4||11.1||7||12.9||14.6||15.4|
|Net Profit Mgn % ⓘ||4.9||4.1||6||7.6||4.2||6.9||7.2||2.9||7.9||9.9||10.5|
|Debt to Equity ⓘ||0.6||0.6||0.3||0.1||0.1||0.1||0||0.2||0.1||0.1||-|
|Working Cap Days ⓘ||84||83||76||146||133||112||109||141||128||96||0|
|Cash Conv. Cycle ⓘ||45||40||35||74||76||63||56||74||53||37||0|
Return on Equity has increased versus last 3 years average to 26.80%
Sales growth is growing at healthy rate in last 3 years 15.21%
Net Profit is growing at healthy rate in last 3 years 28.08%
Sales growth is good in last 4 quarters at 30.91%
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|TTM EPS (₹)||22.3||7.4|
|TTM Sales (₹ Cr.)||1,101||296|
|BVPS (₹.) ⓘ||89.8||0|
|Reserves (₹ Cr.) ⓘ||455||187|
|From the Market|
|52 Week Low / High (₹)||310.00 / 678.00|
|All Time Low / High (₹)||0.95 / 678.00|
|Market Cap (₹ Cr.)||2,120|
|Equity (₹ Cr.)||10.4|
|Face Value (₹)||2|
|Industry PE ⓘ||19.2|
Apcotex Industries was established in the year 1980 as a division of Asian Paints (India). Apcotex spun-off as a separate company in 1991 and is now part of the 'APCO' group of companies headed by Atul Choksey, Chairman of Apcotex Industries and former Managing Director of Asian Paints. Apcotex Industries is one of the leading producers of VP latex, SB and carboxylated sb latexes , acrylic latexes , nitrile latex , SBR Latex , Carboxylated SBR , High Styrene Resin and Synthetic Rubber in India. It has one of the broadest ranges of products based on Styrene Butadiene chemistry.
Apcotex is an ISO 9001: 2000 certified company. Its segments include Paper & paper Products, Tyre Cord dipping, carpet, Paints, Oil resistant Gasket, Construction, Textiles, Footwear & Micro sheet, Conveyer belts, hoses & automotive components.
Its manufacturing plant is located at Taloja, 50 kms outside of Mumbai. The manufacturing facilities incorporate state-of-the-art emulsion polymerization technology as well as adequate monomer and finished goods storage facilities and efficient utility support. Additionally, sophisticated DCS control systems ensure fine control over operating parameters.
Products of the Company:-With basic engineering and process know-how from Chemische Werke Huls (CWH) Germany, Apcotex pioneered the production of Vinyl Pyridine Latex, an important raw material for the tyre industry, in India. The Company has following products such as:-
2011 - Apcotex Industries Ltd. - Taloja achieved a 'EXCELLENT' grade in Telos Safety Rating System which is an improvement over that achieved in the year May 2010
2012 -Apcotex was awarded the Total Productive Maintenance (TPM) Excellence Award Category A in March'2012 by the Japan Institute of Plant Maintenance (JIPM).