Apcotex Industries Limited
Apcotex Industries Limited produces and sells synthetic emulsion polymers in India and internationally. The company offers synthetic latexes, such as carboxylated styrene butadiene, styrene acrylic, vinyl pyridine, XNB and XSB latexes, and nitrile latexes; and synthetic rubber, including nitrile butadiene, NBR powder, nitrile polyblend, and high styrene rubber products. Its synthetic latexes are … Read more
Apcotex Industries Limited (APCOTEXIND) - Net Assets
Latest net assets as of September 2025: ₹5.80 Billion INR
Based on the latest financial reports, Apcotex Industries Limited (APCOTEXIND) has net assets worth ₹5.80 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹9.41 Billion) and total liabilities (₹3.61 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹5.80 Billion |
| % of Total Assets | 61.64% |
| Annual Growth Rate | 13.44% |
| 5-Year Change | 81.13% |
| 10-Year Change | 195.48% |
| Growth Volatility | 19.16 |
Apcotex Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how Apcotex Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Apcotex Industries Limited (2006–2025)
The table below shows the annual net assets of Apcotex Industries Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹5.53 Billion | +6.03% |
| 2024-03-31 | ₹5.22 Billion | +9.61% |
| 2023-03-31 | ₹4.76 Billion | +20.16% |
| 2022-03-31 | ₹3.96 Billion | +29.72% |
| 2021-03-31 | ₹3.05 Billion | +21.54% |
| 2020-03-31 | ₹2.51 Billion | -9.53% |
| 2019-03-31 | ₹2.78 Billion | +12.73% |
| 2018-03-31 | ₹2.46 Billion | +10.53% |
| 2017-03-31 | ₹2.23 Billion | +19.07% |
| 2016-03-31 | ₹1.87 Billion | +87.68% |
| 2015-03-31 | ₹997.53 Million | +16.98% |
| 2014-03-31 | ₹852.75 Million | +9.05% |
| 2013-03-31 | ₹781.98 Million | +12.07% |
| 2012-03-31 | ₹697.77 Million | +8.70% |
| 2011-03-31 | ₹641.94 Million | +11.25% |
| 2010-03-31 | ₹577.02 Million | +4.05% |
| 2009-03-31 | ₹554.55 Million | +3.54% |
| 2008-03-31 | ₹535.58 Million | +6.25% |
| 2007-03-31 | ₹504.08 Million | +0.03% |
| 2006-03-31 | ₹503.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Apcotex Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 454321200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.54 Billion | 82.13% |
| Common Stock | ₹103.69 Million | 1.87% |
| Other Comprehensive Income | ₹624.94 Million | 11.30% |
| Other Components | ₹260.00 Million | 4.70% |
| Total Equity | ₹5.53 Billion | 100.00% |
Apcotex Industries Limited Competitors by Market Cap
The table below lists competitors of Apcotex Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Girisim Elektrik Taahhut Ticaret & Sanayi AS
IS:GESAN
|
$78.34 Million |
|
Daishin Balance No.6 Special Purpose Acquisition Co. Ltd
KQ:307750
|
$78.38 Million |
|
Zespol Elektrowni Patnow Adamow Konin SA
WAR:ZEP
|
$78.38 Million |
|
Kudelski SA
PINK:KDCXF
|
$78.41 Million |
|
GDEV Inc.
NASDAQ:GDEV
|
$78.31 Million |
|
INTELLICHECK MOBI.DL-001
F:J5L1
|
$78.31 Million |
|
Iceland Seafood International hf.
IC:ICESEA
|
$78.24 Million |
|
Evertop Wire Cable Corp
TW:1616
|
$78.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apcotex Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,217,432,000 to 5,531,837,000, a change of 314,405,000 (6.0%).
- Net income of 540,646,000 contributed positively to equity growth.
- Dividend payments of 281,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 106,100,000.
- Other factors increased equity by 161,359,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹540.65 Million | +9.77% |
| Dividends Paid | ₹281.50 Million | -5.09% |
| Other Comprehensive Income | ₹-106.10 Million | -1.92% |
| Other Changes | ₹161.36 Million | +2.92% |
| Total Change | ₹- | 6.03% |
Book Value vs Market Value Analysis
This analysis compares Apcotex Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 37.30x to 3.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹9.12 | ₹340.10 | x |
| 2007-03-31 | ₹9.12 | ₹340.10 | x |
| 2008-03-31 | ₹9.69 | ₹340.10 | x |
| 2009-03-31 | ₹10.03 | ₹340.10 | x |
| 2010-03-31 | ₹11.13 | ₹340.10 | x |
| 2011-03-31 | ₹12.38 | ₹340.10 | x |
| 2012-03-31 | ₹13.46 | ₹340.10 | x |
| 2013-03-31 | ₹15.08 | ₹340.10 | x |
| 2014-03-31 | ₹16.45 | ₹340.10 | x |
| 2015-03-31 | ₹19.24 | ₹340.10 | x |
| 2016-03-31 | ₹36.11 | ₹340.10 | x |
| 2017-03-31 | ₹43.00 | ₹340.10 | x |
| 2018-03-31 | ₹47.52 | ₹340.10 | x |
| 2019-03-31 | ₹53.57 | ₹340.10 | x |
| 2020-03-31 | ₹48.47 | ₹340.10 | x |
| 2021-03-31 | ₹58.91 | ₹340.10 | x |
| 2022-03-31 | ₹76.41 | ₹340.10 | x |
| 2023-03-31 | ₹91.81 | ₹340.10 | x |
| 2024-03-31 | ₹100.64 | ₹340.10 | x |
| 2025-03-31 | ₹106.72 | ₹340.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apcotex Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.88%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 1.81x
- Recent ROE (9.77%) is below the historical average (14.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.02% | 2.05% | 1.13x | 1.30x | ₹-35.19 Million |
| 2007 | 0.03% | 0.02% | 1.20x | 1.29x | ₹-50.28 Million |
| 2008 | 9.10% | 4.80% | 1.40x | 1.36x | ₹-4.83 Million |
| 2009 | 8.09% | 4.50% | 1.31x | 1.37x | ₹-10.62 Million |
| 2010 | 14.43% | 5.82% | 1.42x | 1.75x | ₹25.58 Million |
| 2011 | 16.70% | 5.28% | 1.60x | 1.98x | ₹43.04 Million |
| 2012 | 16.43% | 4.50% | 1.53x | 2.39x | ₹44.86 Million |
| 2013 | 16.38% | 4.68% | 1.59x | 2.20x | ₹49.86 Million |
| 2014 | 15.41% | 4.42% | 1.62x | 2.15x | ₹46.16 Million |
| 2015 | 24.74% | 6.98% | 1.96x | 1.81x | ₹147.05 Million |
| 2016 | 20.58% | 13.06% | 1.02x | 1.54x | ₹198.09 Million |
| 2017 | 15.69% | 9.00% | 1.31x | 1.33x | ₹126.93 Million |
| 2018 | 15.68% | 7.37% | 1.52x | 1.40x | ₹139.98 Million |
| 2019 | 16.78% | 7.48% | 1.65x | 1.36x | ₹188.30 Million |
| 2020 | 6.62% | 3.38% | 1.24x | 1.58x | ₹-85.00 Million |
| 2021 | 14.46% | 8.21% | 1.19x | 1.48x | ₹136.18 Million |
| 2022 | 24.94% | 10.39% | 1.57x | 1.53x | ₹591.90 Million |
| 2023 | 22.68% | 10.09% | 1.33x | 1.69x | ₹603.38 Million |
| 2024 | 10.33% | 4.84% | 1.21x | 1.77x | ₹17.04 Million |
| 2025 | 9.77% | 3.88% | 1.39x | 1.81x | ₹-12.54 Million |
Industry Comparison
This section compares Apcotex Industries Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,571,777,102
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apcotex Industries Limited (APCOTEXIND) | ₹5.80 Billion | 3.02% | 0.62x | $78.33 Million |
| Aarti Industries Limited (AARTIIND) | $8.75 Billion | 18.56% | 2.05x | $1.01 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.18 Billion | 9.78% | 0.94x | $15.14 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $294.24K |
| ACUTAAS CHEMICALS LTD (ACUTAAS) | $5.94 Billion | 14.02% | 0.29x | $247.08K |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $984.09 Million | 34.30% | 2.55x | $95.16 Million |
| Agarwal Industrial Corporation Limited (AGARIND) | $739.40 Million | 9.29% | 0.98x | $26.89 Million |
| Alkali Metals Limited (ALKALI) | $513.80 Million | 2.54% | 0.73x | $1.88 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $3.79 Billion | 22.71% | 1.01x | $204.91 Million |
| Ami Organics Limited (AMIORG) | $107.73 Million | 26.58% | 2.59x | $704.27 Million |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $318.75 Million |