Name: Latest research reports of Apcotex Industries Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Apcotex Industries Ltd.
Rating: 4
Author: Emkay

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....