Apcotex Industries reports strong Q2, H1-FY26 growth with record sales volume

Apcotex Industries reported a robust performance for Q2-FY26, with operational revenue reaching INR 3,367 million, a modest decrease of 4.1% year-on-year. Despite this, EBITDA surged by 47.6% year-on-year to INR 406 million, driven by higher volumes and improved margins, resulting in an EBITDA margin of 12.06%. Net profit saw a remarkable 130.0% increase to INR 253 million, and diluted EPS grew by 131.3% to INR 4.88/share.

For H1-FY26, operational revenue increased by 3.6% year-on-year to INR 7,125 million. EBITDA climbed 33.7% to INR 793 million, with the EBITDA margin improving to 11.13%. Net profit for H1-FY26 was INR 445 million, a substantial 72.5% rise year-on-year. The company also achieved its highest-ever sales volume, up 18% year-on-year, and recorded record export sales volume, up 31% year-on-year.

Key operational highlights include an 11% year-on-year sales volume growth in Q2-FY26 and becoming net cash positive as of September 30, 2025. The Board approved capital expenditure of INR 210 crore for expansion at the Valia plant. Apcotex Industries is also recognized as part of the Top 10 Indian companies on the "Forbes Asia Best Under A Billion 2023" list.