Apcotex Industries Limited (NSE:APCOTEXIND) held a board meeting on 29 July 2026 and approved the audited financial results for the quarter ended 30 June 2026. The board considered and approved the quarterly financial statements along with the independent audit report issued by Manubhai & Shah LLP, the company's statutory auditor. The meeting commenced at 11:30 am and concluded at 1:55 pm. Detailed results and audit opinion have been filed with the National Stock Exchange and BSE.
Key Highlights
- Board of Directors approved audited financial results for Q1 FY27 (quarter ended 30 June 2026) on 29 July 2026.
- Revenue from operations for Q1 FY27 stood at Rs 52,563.35 lakhs, compared to Rs 39,758.38 lakhs in Q4 FY26 and Rs 37,576.41 lakhs in Q1 FY26.
- Profit before exceptional items and tax for Q1 FY27 was Rs 10,464.88 lakhs, up from Rs 4,498.71 lakhs in Q4 FY26 and Rs 2,633.34 lakhs in Q1 FY26.
- Total income including other income for Q1 FY27 was Rs 52,843.89 lakhs, compared to Rs 40,430.50 lakhs in the preceding quarter.
- Independent audit opinion confirms financial results are presented in accordance with SEBI Listing Regulations and give a true and fair view under Indian Accounting Standards.
- Full year FY26 revenue from operations was Rs 1,44,149.88 lakhs with profit before exceptional items and tax of Rs 13,388.39 lakhs.
About the Company
Apcotex Industries Limited is a specialty chemicals manufacturer headquartered in Mumbai, with registered office at Seawoods Grand Central, Navi Mumbai. The company is listed on NSE (symbol: APCOTEXIND) and BSE (security code: 523694). Apcotex manufactures and supplies specialty chemicals for diverse industrial applications. The company operates manufacturing facilities including a factory at Taloja in the MIDC Industrial Area, Raigad district. It is engaged in the production of chemicals used across multiple end-user sectors. The company's CIN is L99999MH1986PLC039199.
Announcement in Detail
The board meeting of Apcotex Industries Limited held on 29 July 2026 approved the audited financial results for the quarter ended 30 June 2026. The independent auditor, Manubhai & Shah LLP (Firm Registration No. 106041W/W100136), issued an unqualified audit opinion on the financial statements. The audit was conducted in accordance with Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013. The auditor confirmed the financial results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and give a true and fair view under Indian Accounting Standards.
For Q1 FY27 (quarter ended 30 June 2026), revenue from operations stood at Rs 52,563.35 lakhs with other income of Rs 280.54 lakhs, making total income Rs 52,843.89 lakhs. Total expenses for the quarter were Rs 42,379.01 lakhs, resulting in profit before exceptional items and tax of Rs 10,464.88 lakhs. Cost of material consumed was Rs 37,650.66 lakhs. The company recorded a favourable change in inventories of finished goods and work-in-progress of Rs 3,727.40 lakhs. Employee benefits expenses were Rs 2,392.28 lakhs while depreciation and amortisation expenses totalled Rs 1,311.18 lakhs.
Comparing with prior periods, Q1 FY27 revenue from operations increased 32.2 per cent quarter-on-quarter from Rs 39,758.38 lakhs in Q4 FY26 and rose 39.8 per cent year-on-year from Rs 37,576.41 lakhs in Q1 FY26. Profit before exceptional items and tax for Q1 FY27 increased significantly: 132.5 per cent quarter-on-quarter from Rs 4,498.71 lakhs in Q4 FY26 and 297.5 per cent year-on-year from Rs 2,633.34 lakhs in Q1 FY26. For the full financial year FY26 (ended 31 March 2026), the company reported revenue from operations of Rs 1,44,149.88 lakhs and profit before exceptional items and tax of Rs 13,388.39 lakhs.
Impact on Investors
The filing shows Apcotex Industries delivered significantly improved quarterly performance in Q1 FY27. Investors will note that revenue from operations increased 32.2 per cent sequentially from the preceding quarter and 39.8 per cent year-on-year, indicating strengthening demand or operational scaling. More notably, profit before exceptional items and tax surged to Rs 10,464.88 lakhs in Q1 FY27, representing a 297.5 per cent year-on-year increase from Q1 FY26's Rs 2,633.34 lakhs. The sequential improvement of 132.5 per cent from Q4 FY26 also demonstrates accelerating profitability through the quarters. These earnings improvements occurred alongside favourable inventory changes of Rs 3,727.40 lakhs in Q1 FY27, suggesting improved working capital management or production optimisation.
The company's cost of material consumed as a percentage of revenue from operations was approximately 71.5 per cent in Q1 FY27, relative to similar levels in prior quarters. The auditor's unqualified opinion and compliance with SEBI Listing Regulations and Indian Accounting Standards provide assurance on financial statement reliability. Shareholders will observe that the company continues to invest in capital assets, with depreciation and amortisation expenses of Rs 1,311.18 lakhs in the quarter. The disclosed full-year FY26 profit before exceptional items and tax of Rs 13,388.39 lakhs on revenues of Rs 1,44,149.88 lakhs establishes the baseline against which Q1 FY27's quarter-level earnings of Rs 10,464.88 lakhs represent a notably strong quarter relative to the prior year average.
Sector / Market Context
Specialty chemicals manufacturing in India has seen increased demand from end-user sectors including pharmaceuticals, agrochemicals, textiles, paints and coatings, and industrial applications. The sector benefits from India's position in chemical exports and growing domestic consumption across manufacturing. Regulatory compliance under SEBI's Listing Obligations and Disclosure Requirements has become standard practice for all listed companies, with quarterly audited results mandatory under Regulation 33 for companies with market capitalisation above specified thresholds. Companies like Apcotex, which maintain manufacturing infrastructure and supply specialty chemical products across multiple geographies, operate in a sector where input cost management, production efficiency, and working capital optimisation are critical operational metrics. The significant year-on-year growth in earnings reported by Apcotex in Q1 FY27 reflects operational improvements that align with broader industrial production trends across India's manufacturing sectors.