The Board of Directors of Apcotex Industries Limited has approved a fresh capital expenditure of ₹210 Crores for capacity expansion at its manufacturing facility located in Valia, Gujarat. This expansion includes an increase of 37,000 MTPA in Synthetic Latex and 14,600 MTPA in Nitrile Rubber and Allied Products, expected to be operational in phases by Q1 FY 2027-28. The investment will be financed through a combination of internal accruals and debt, aimed at meeting the growing demand and boosting sales in domestic and international markets [attached_file:3e61b3f8-2927-468d-8816-5e44fbfce59f].​

Apcotex is a leading manufacturer of synthetic rubber and latex products, including Nitrile Rubber, High Styrene Rubber, and various synthetic latex types. They cater to industries like automotive, footwear, paper, construction, gloves, and textiles with a diverse clientele that includes ITC, Asian Paints, and Welspun. The company is focused on expanding its production capacity, strengthening its position in South East Asia, the Middle East, and Africa, and innovating its product pipeline with new offerings like XNBR Latex for gloves.​

In the second quarter of FY2026, Apcotex reported a revenue from operations of ₹336.69 Crores, slightly down by 4% from ₹351.06 Crores in Q2 FY2025. Yet, the company achieved a strong net profit growth of 130%, rising to ₹25.30 Crores from ₹10.95 Crores in the same quarter last year. EBITDA increased 48% to ₹40.60 Crores, and the EBITDA margin improved to 12.06% from 7.83%. Earnings per share significantly increased to ₹4.88 from ₹2.11. The company’s improved profitability is supported by operational efficiencies and an exceptional profit from the sale of an old office premises. Institutional interest in the company also rose in 2025, with noticeable increases in mutual fund holdings, reflecting growing confidence in its prospects.​

This capacity expansion and strong financial performance highlight Apcotex’s commitment to growth and ability to capitalize on increasing demand in key markets, reinforcing its status as a major player in the synthetic emulsion polymer industry.​