Integrated Filing — IndAS



General information about company

Scrip Code 523694
NSE Symbol APCOTEXIND
MSEI Symbol NOTLISTED
ISIN INE116A01032
Name of company APCOTEX INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 06-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacture of Synthetic Emulsion Polymers
Start date and time of board meeting 06-05-2026   13:45:00
End date and time of board meeting 06-05-2026   16:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 29-01-2026
Indicate Company website link for updated RPT policy of the Company https://apcotex.com/investor-corporate-policy
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 39,758.38 1,44,149.88
Other income 672.12 1,724.30
Total income 40,430.50 1,45,874.18
2 Expenses
(a) Cost of materials consumed 25,605.37 98,896.66
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (509.73) 92.76
(d) Employee benefit expense 3,667.76 9,649.99
(e) Finance costs 239.32 1,121.00
(f) Depreciation, depletion and amortisation expense 1,401.27 4,955.99
(f) Other Expenses
1 Other Expenses 5,527.80 17,769.39
Total other expenses 5,527.80 17,769.39
Total expenses 35,931.79 1,32,485.79
3 Total profit before exceptional items and tax 4,498.71 13,388.39
4 Exceptional items 0.00 96.54
5 Total profit before tax 4,498.71 13,484.93
6 Tax expense
7 Current tax 1,565.20 3,801.09
8 Deferred tax (540.55) (256.55)
9 Total tax expenses 1,024.65 3,544.54
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 200.74
11 Net Profit Loss for the period from continuing operations 3,474.06 10,141.13
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 3,474.06 10,141.13
17 Other comprehensive income net of taxes (858.77) 269.98
18 Total Comprehensive Income for the period 2,615.29 10,411.11
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,036.90 1,036.90
Face value of equity share capital 0 0
27 Details of debt securities
22 Reserves excluding revaluation reserve 61,062.04
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.7 19.56
Diluted earnings (loss) per share from continuing operations 6.7 19.56
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.7 19.56
Diluted earnings (loss) per share from continuing and discontinued operations 6.7 19.56
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 36,225.40
Capital work-in-progress 1,126.50
Investment property 141.41
Goodwill 0.00
Other intangible assets 18.82
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 9,490.56
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Non Current Financial Assets 0.56
Total of other non-current financial assets 0.56
Total non-current financial assets 9,491.12
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 2,106.79
Total of other non-current assets 2,106.79
Total non-current assets 49,110.04
2 Current assets
Inventories 12,818.47
Current financial asset
Current investments 2,245.28
Trade receivables, current 24,448.77
Cash and cash equivalents 3,183.30
Bank balance other than cash and cash equivalents 1,413.63
Loans, current 34.68
Other current financial assets
Total of other current financial assets 1,519.45
Total current financial assets 32,845.11
Current tax assets (net) 235.89
Other current assets
1 Other current assets 3,500.70
Total of other current assets 3,500.70
Total current assets 49,400.17
3 Non-current assets classified as held for sale 138.52
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 98,648.73
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,036.90
Other equity 61,062.04
Total equity attributable to owners of parent 62,098.94
Non controlling interest
Total equity 62,098.94
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3,165.24
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 216.29
2 Other Financial Liabilities 434.13
Total of other non-current financial liabilities 650.42
Total non-current financial liabilities 3,815.66
Provisions, non-current 1,177.04
Deferred tax liabilities (net) 1,747.18
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 6,739.88
Current liabilities
Current financial liabilities
Borrowings, current 6,130.74
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 504.35
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 17,940.93
Total Trade payable 18,445.28
Other current financial liabilities
1 Lease Liabilities 126.97
2 Other Financial Liabilities 2,240.17
Total of other current financial liabilities 2,367.14
Total current financial liabilities 26,943.16
Other current liabilities 1,862.57
1 Other current liabilities 1,862.57
Total of other current liabilities 1,862.57
Provisions, current 1,004.18
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 29,809.91
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 36,549.79
Total equity and liabilites 98,648.73
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Item that will not be reclassified to Statement of Profit and Loss (999.14) 216.50
Total Amount of items that will not be reclassified to profit and loss (999.14) 216.50
2 Income tax relating to items that will not be reclassified to profit or loss (140.37) (53.48)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (858.77) 269.98



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 13,484.93
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,121.00
Adjustments for decrease (increase) in inventories 959.07
Adjustments for decrease (increase) in trade receivables, current 874.41
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (1,198.47)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 3,282.18
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 761.67
Adjustments for depreciation and amortisation expense 4,955.99
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 402.87
Adjustments for provisions, current (268.43)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (135.29)
Adjustments for dividend income 47.37
Adjustments for interest income 232.83
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (145.12)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 10,329.68
Net cash flows from (used in) operations 23,814.61
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 3,429.12
Other inflows (outflows) of cash (41.66)
Net cash flows from (used in) operating activities 20,343.83
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 3,447.95
Other cash payments to acquire equity or debt instruments of other entities 5,693.88
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 626.23
Purchase of property, plant and equipment 4,447.27
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 47.37
Interest received 237.44
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 41.66
Net cash flows from (used in) investing activities (5,740.50)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 9,243.01
Payments of lease liabilities 111.64
Dividends paid 3,617.96
Interest paid 1,116.17
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (14,088.78)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 514.55
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 514.55
Cash and cash equivalents cash flow statement at beginning of period 4,914.03
Cash and cash equivalents cash flow statement at end of period 5,428.58





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Manubhai & Shah LLP Yes 29-02-2028


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Apcotex Industries Limited Mr. Abhiraj Choksey Vice-Chairman & Managing Director Remuneration Approved in AGM held on 29th July 2024 121.95 22.43 17.61
2 Apcotex Industries Limited Mr. Ravishankar Sharma Executive Director Remuneration Approved in AGM dated 19th June 2023 53.15 12.52 13.79
3 Apcotex Industries Limited Mr. Vivek Thakur Chief Financial Officer (W.e.f. 30th July, 2025) Remuneration Approved on 30th July 2025 Meeting by Nomination & Remuneration Committee Meeting and Board Meeting 44.29 5.54 10.24
4 Apcotex Industries Limited Mr. Drigesh Mittal Company Secretary & Compliance Officer Remuneration Approved on 7th May 2025 Meeting by Nomination & Remuneration Committee Meeting 16.47 5.55 4.81
5 Apcotex Industries Limited Apco Enterprises LLP Entities in which some of the Directors are interested Any other transaction Professional Fees for Services rendered for Accounting and Investment Consultancy 60.00 Passed in Meeting dated 28th January 2025 7.50 0.00 0.00
6 Apcotex Industries Limited Mr. Atul C. Choksey Chairman & Non-Executive Director Any other transaction Reimbursement of Medical Expenses Special Resolution passed at the Annual General Meeting held on 4-6-2019 3.58 0.00 0.00
7 Apcotex Industries Limited Ms. Parul Atul Choksey Relative of Chairman and Non-Executive Director Any other transaction Leasing of Premises and allied expenses 60.00 Approved in 28th January 2025 meeting 10.96 0.00 0.00
8 Apcotex Industries Limited Dr. Achala Vasudev Danait Independent Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 2.80 0.00 0.00
9 Apcotex Industries Limited Mr. Amit C Choksey Non Executive Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 1.20 0.00 0.00
10 Apcotex Industries Limited Mr. Atul C.Choksey Chairman and Non-Executive Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 2.00 0.00 0.00
11 Apcotex Industries Limited Mr. Dinanath Narcinva Prabhu-Kholkar Independent Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 2.80 0.00 0.00
12 Apcotex Industries Limited Ms. Priti Paras Savla Independent Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 2.00 0.00 0.00
13 Apcotex Industries Limited Mr. Rajendra Kishore Mariwala Independent Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 1.20 0.00 0.00
14 Apcotex Industries Limited Mr. Udayan Dileep Choksi Independent Director Any other transaction Sitting Fees Approved in 7th May 2025 meeting 2.00 0.00 0.00
15 Apcotex Industries Limited Mr. Sachin J Karwa Chief Financial Officer (Upto 27th May, 2025) Remuneration Approved by Nomination & Remuneration Committee on 16th August 2022 and by the Board of Directors on 24th August 2022 0.00 0.00 0.00
Total value of transaction during the reporting period 271.90