Apcotex Industries (APCOTEXIND) Investor presentation summary

Executive summary

• Leading producer of synthetic rubber and latex in India, with a broad emulsion polymer portfolio and a market cap of INR 19,382.24 Mn as of Dec 2025.

• Major clients span paper, carpet, construction, automotive, and footwear sectors.

• FY25 revenue reached INR 13,924 Mn, EBITDA INR 1,247 Mn, and PAT INR 541 Mn.

Company overview

• Originated as a division of Asian Paints in 1980, spun off in 1991, and now led by Abhiraj Choksey.

• Global presence with business across all continents and over 550 employees.

• Recognized in Forbes Asia's Best Under A Billion 2023.

Business overview

• Manufactures synthetic latex and rubber at Taloja (Maharashtra) and Valia (Gujarat) facilities.

• Only Indian manufacturer of NBR, HSR, and Nitrile Latex, with high entry barriers due to proprietary technology.

• Serves marquee clients like ITC, Asian Paints, MRF, Paragon Footwear, and Parker Hannifin.