Apcotex Industries Limited Share Price and Company Fundamentals



Price
₹581.05
Change
15.650 (2.768%)
52 week
292.25 - 679.0

Last traded: Yesterday at 9:59 AM

Apcotex Industries Limited produces and sells synthetic emulsion polymers in India. It offers synthetic latexes, such as carboxylated styrene butadiene, styrene acrylic, vinyl pyridine, and nitrile latexes; and synthetic rubber, including nitrile, NBR polyblend and powder, and high styrene rubber products. The company's synthetic latexes are used in applications, such as tire cord dipping, paper and paperboard coating, carpet backing, concrete modification/water proofing, non-wovens, textile finishing, paints, gloves, etc.; and synthetic rubber for use in various applications comprising footwear, automotive components, rice rolls, molded items, V-belts, conveyor belts, hoses, etc. It also exports its products. The company was formerly known as Apcotex Lattices Limited and changed its name to Apcotex Industries Limited in 2005. Apcotex Industries Limited was founded in 1980 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

30.59

PB ratio

7.63

Dividend yield

0.88%

Beta

0.47

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Full time employees483
Websitehttps://www.apcotex.com
Mailing addressN. K. Mehta International House 178, Backbay Reclamation Babubhai M. Chinai Marg Mumbai 400020 India
Phone / Fax91 22 2283 8302 / 91 22 2283 8291

Dividends

Dividend yield

0.88%

Dividend amount

₹5.00

Payout ratio

20.99%

5Y Avg. yield

1.56%

Apcotex Industries Limited paid ₹5.00 dividend and the ex-dividend date was 06 June 2022.The dividend payout ratio is 20.99%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.APCOTEXIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

APCOTEXIND's forward dividend amount is ₹6 and the forward dividend yield is 1.06%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Apcotex Industries Limited.

NameTitleAgeTotal Pay
Mr. Abhiraj Atul ChokseyMD & Exec. Director4414.35M
Mr. Sachin J KarwaChief Financial Officer
Mr. Ravishankar Lakshmanam SharmaCOO & Exec. Director557.26M
Mr. Suraj S. BadaleDGM of Accounts
Mr. Anand Venkatesh KumashiCompliance Officer & Company Sec.

Profitability and management effectiveness

Profit margin

10.33%

Operating margin

13.25%

Return on assets

15.00%

Return on equity

28.17%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Apcotex Industries Limited is and its enterprise value is .

The APCOTEXIND's stocks Beta value is 0.47 making it 53% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Apcotex Industries Limited (NSE:APCOTEXIND) Frequently Asked Questions

1. What is Apcotex Industries Limited's Stock Symbol?

Apcotex Industries Limited trades on NSE under the ticker symbol "APCOTEXIND".

2. What is Apcotex Industries Limited's stock price today?

One share of APCOTEXIND stock can currently be purchased for approximately ₹581.05.

3. How can I contact Apcotex Industries Limited?

Apcotex Industries Limited's mailing address is N. K. Mehta International House 178, Backbay Reclamation Babubhai M. Chinai Marg Mumbai 400020 India. The company can be reached via phone at 91 22 2283 8302.

4. What is Apcotex Industries Limited's official website?

The official website of Apcotex Industries Limited is https://www.apcotex.com.