Apcotex Industri (APCOTEXIND)

FairStock Score: 48/100 — MIXED

Score breakdown: P/E: 1/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-Graham style investor, I look first at whether Apcotex Industri is a sound business at a sensible price. At ₹599.50, the market values it at ₹3,108 Cr, or 19.27 times earnings and 5.01 times book. Book value is ₹119.78, so I am paying a hefty premium to net worth. The returns are respectable but not exceptional: ROE 15.34% and ROCE 12.81%. Debt/equity of 0.16 is a genuine strength, and promoter holding of 58.23% means management has skin in the game. The dividend yield is only 1.33%, so most return must come from growth. That growth is striking: sales up 39.65%, profit up 312.01%, and five-year revenue CAGR of 21.66%. Latest quarter sales were ₹331 Cr with net profit of ₹22 Cr. PEG of 0.18 suggests the P/E is low relative to growth, but such profit growth may be cyclical or rebound-driven, not a durable moat. Piotroski F-Score of 6/9 is acceptable, though FairStock score of 48/100 says mixed. Rubber is often a cyclical industry, and I see no evidence of wide pricing power. The 52-week range of ₹310.45–₹712.45 shows volatility. I would call this a Fast Grower candidate, not a classic defensive stalwart. The low debt and reasonable P/E are attractive, but P/B of 5.01 leaves little margin of safety if growth normalises. I would watch whether ROCE improves from 12.81%, whether the latest profit margin holds, and whether the 312% profit jump repeats or mean-reverts. Only then would I consider paying this price.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer