Apcotex Industries Ltd. News and Updates

Name: Latest research reports of Apcotex Industries Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Apcotex Industries Ltd.
Rating: 5
Author: Axis Direct

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Apcotex Industries Ltd.

21 Dec 2018, 12:00AM

318.45

-0.90%

Initiating Coverage:Apcotex Industri

Buy: Apcotex Industries Ltd.

Axis Direct

Leading player in Emulsion Polymer segment a niche product segment; NBR Market a huge opportunity, High Entry Barriers, New Product Foray (X-NBR) prime growth driver; We value Apcotex Industries at 22.5x FY20E EPS given the sustainable revenue and profit growth and arrive at target price of Rs. 664

Apcotex Industries Ltd. is trading below all available SMAs

Apcotex Industries Ltd.

05 Nov 2018

318.45

-0.90%

Apcotex Industries

Buy: Apcotex Industries Ltd.

ICICI Securities Limited

Apcotex Industries (AIL) reported strong Q2FY19 results but witnessed deterioration on the balance sheet front Revenues came in at | 160.1 crore, up 24.1% YoY. Gross margins declined 140 bps YoY. However, employee expenses remained flat during the quarter. Accordingly, EBITDA margins came in at 12.3% vs. 11.7% YoY. Absolute EBITDA came at | 19.6 crore, up 29.9% YoY AIL reported other expenses of | 0.37 crore during the quarter. Thus, PAT grew 19.1% YoY to | 10.1 crore...

Apcotex Industries Ltd. has lost -27.35% in the last 6 Months

Apcotex Industries Ltd.

01 Aug 2018

318.45

-0.90%

Apcotex Industries

Buy: Apcotex Industries Ltd.

ICICI Securities Limited

On a YoY basis, revenues came in at | 150 crore, up 24.9% YoY. EBITDA came in at | 17.8 crore, up 106% YoY. This was due to 450 bps increase in gross margins in the quarter. EBITDA margins came in at 11.9% vs. 7.2% YoY. PAT came in at | 11.2 crore, up 114% YoY On a sequential basis, revenues grew 7.8% YoY but absolute EBITDA declined 21.7% QoQ. Decline in margins was due to higher input prices. Accordingly, PAT also declined 6.8% QoQ Continued domestic performance; strong exports...

Apcotex Industries Ltd. has lost -27.35% in the last 6 Months

Apcotex Industries Ltd.

08 May 2018

318.45

-0.90%

Apcotex Industries

Buy: Apcotex Industries Ltd.

ICICI Securities Limited

Apcotex Industries (AIL) reported strong Q4FY18 results. AIL reported a strong topline, EBITDA and PAT growth for the quarter Revenues came in | 139.2 crore, up 59.9% YoY EBITDA came at | 22.8 crore, up 206.4% YoY. This was due to a 782...

Apcotex Industries Ltd. has lost -27.35% in the last 6 Months

Apcotex Industries Ltd.

07 May 2018

318.45

-0.90%

Apcotex Industries (APCOTEX) has reported a robust performance on all fronts. Revenue jum...

Accumulate: Apcotex Industries Ltd.

Emkay

Apcotex Industries (APCOTEX) has reported a robust performance on all fronts. Revenue jumped by 60% yoy to Rs1,392mn (Emkay Est: Rs1,241mn), driven by higher exports, recovery in Latex business and better realizations from NBR segment. EBITDA margin expanded by 774bps yoy to 16.4% (Emkay Est: 10%) due to double-digit margin in NBR and Latex, better inventory management and enhanced operating leverage....

Apcotex Industries Ltd. has lost -27.35% in the last 6 Months

Apcotex Industries Ltd.

13 Feb 2018

318.45

-0.90%

Apcotex Industries

Buy: Apcotex Industries Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Apcotex Industries (AIL) reported stellar Q3FY18 results. AIL reported a strong topline, EBITDA and PAT growth for the quarter Revenues came in | 137.9 crore, up 32.4% YoY. EBITDA came in at | 17.3 crore, up 180.8% YoY. This was due to a 380 bps increase in gross margins and lower other expenses' during the quarter. Accordingly, EBITDA margins came in at 12.6% vs. 5.9% YoY...

Apcotex Industries Ltd. is trading below all available SMAs

Apcotex Industries Ltd.

12 Feb 2018

318.45

-0.90%

Apcotex Industries zooms 20% as Q3 profit rises more than double

Business Standard

The hit a record high of Rs 562, up 20% on BSE, after the company reported net profit of Rs 133 million in Q3FY18 against Rs 50 million in a year ago quarter.

Apcotex Industries Ltd. is trading below all available SMAs

Apcotex Industries Ltd.

09 Nov 2017

318.45

-0.90%

Apcotex Industries

Hold: Apcotex Industries Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Apcotex Industries (AIL) reported strong Q2FY18 results. Revenues came in at | 129 crore for Q2FY18, up 39.5% YoY. Higher revenues were on account of good growth witnessed across all industries (auto, industrials, consumer, construction, paper, etc) in domestic markets. Exports also witnessed strong traction due to the sales efforts of the management over the last few quarters EBITDA came in at | 15.1 crore, up 227% YoY. This was due to a 200...

Apcotex Industries L.. has an average target of 380.00 from 1 broker.

Apcotex Industries Ltd.

09 Nov 2017

318.45

-0.90%

Apcotex Ind

Buy: Apcotex Industries Ltd.

Target

KRChoksey

Apcotex reported revenues of INR 1289.9 mn (+40% YoY) broadly in line with our estimates of INR 1224 mn. The revenue growth is on account of restocking of inventory post GST implementation along with an increase in the revenue from NBR in domestic market post low imports from EU and SEA during the qtr. During the quarter, OPM expanded by 668bps YoY to ~11.7% primarily on account of low cost inventory (-152bps YoY). Further...