- #1,202 Atul Choksey ₹2,000 Cr

About Apcotex Industries Limited
Data last updated:
Apcotex Industries Limited is a public limited company based in Thane, Maharashtra, India, a subsidiary of Saldhar Investments And Trading Company Private Limited. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 12 March 1986 and has been in existence for over 40 years.
Its director Atul Choksey is #1,202 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1986PLC039199. Its GSTIN is 27AAACA3427G1Z1 (Maharashtra). The company holds 7 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 523694 and NSE: APCOTEXIND.
The company has an authorised share capital of ₹31.61 Cr and a paid-up capital of ₹10.37 Cr. It was formerly known as Apcotex Lattices Limited. It is led by directors including Abhiraj Atul Choksey (Managing Director) and Ravishankar Lakshmanan Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sector 40, Thane, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,441.5 Cr, a growth of 3.5% compared to the previous year. For the same year it recorded a net profit of ₹100.33 Cr (net margin 7%) and EBITDA of ₹172.62 Cr (EBITDA margin 12%). The net worth stands at ₹620.99 Cr (up 12.3% YoY). Total assets are valued at ₹733.49 Cr (down 2.3% YoY).
The company has about 337 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apcotex. As per MCA filings, the company has open charges of ₹468.23 Cr and satisfied charges of ₹676.96 Cr on record. Court records list 72 cases involving the company, including 35 filed by the company and 37 filed against it; 17 cases are pending. The company has 29 deals on record (26 market trades, 3 secondary share transfers); the latest was in August 2020. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 234 overdue payments to 75 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apcotex.com.
Company details
Recognitions & Rankings of Apcotex Industries
Contact details
Apcotex Industries Limited's registered office is in Thane, Maharashtra. Its website is apcotex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 403/404 4th Level Wing C Tower 1, Seawoods Grand Central Sector 40 Navi Mumbai, Thane, Maharashtra, India – 400706
- IndustryManufacturing, Rubber & Products
To see the full contact details of Apcotex Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Apcotex Industries operates one associated brand: Apcotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Synthetic rubber and latex products are manufactured for industrial applications. | apcotex.com |
Business activity
The main business activity of Apcotex Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Apcotex Industries Limited, buy the company report.
Financials of Apcotex Industries Limited
FY 2025-26 filings availableApcotex Industries Limited reported revenue of ₹1,441.5 Cr (up 3.5% YoY) for FY 2025-26.
Financial Highlights
FY 2015-16 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Income statement | ||
| Revenue | 296 | 355 |
| Revenue growth | -16.5% | - |
| EBITDA | 40.04 | 42.24 |
| EBITDA margin | +13.5% | +11.9% |
| Profit before tax | 35.87 | 34.83 |
| Net profit | 34.96 | 21.54 |
| Net profit margin | +11.8% | +6.1% |
| EPS (₹) | 17.60 | 22.21 |
| Balance sheet | ||
| Total assets | 216 | 134 |
| Net worth | 187 | 99.75 |
| Total debt | 25.42 | 31.09 |
| Cash & bank | 9.81 | 4.43 |
| Net working capital | 80.06 | 37.08 |
| Cash flow | ||
| Cash from operations | (18.26) | 32.00 |
| Cash from investing | 40.20 | (7.56) |
| Cash from financing | (16.84) | (26.03) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,442 | 1,392 | 1,125 | 1,080 | 957 | 541 | 496 |
| Revenue growth | +3.5% | +23.8% | +4.1% | +12.9% | +77.0% | +9.0% | - |
| EBITDA | 173 | 125 | 114 | 159 | 140 | 69.88 | 34.46 |
| EBITDA margin | +12.0% | +9.0% | +10.1% | +14.7% | +14.6% | +12.9% | +7.0% |
| Profit before tax | 135 | 76.25 | 74.52 | 146 | 130 | 56.75 | 24.57 |
| Net profit | 100 | 53.69 | 53.83 | 108 | 98.60 | 44.01 | 15.99 |
| Net profit margin | +7.0% | +3.9% | +4.8% | +10.0% | +10.3% | +8.1% | +3.2% |
| EPS (₹) | 19.56 | 10.43 | 10.39 | 20.82 | 19.06 | 8.52 | 3.21 |
| Balance sheet | |||||||
| Total assets | 733 | 751 | 720 | 638 | 456 | 327 | 307 |
| Net worth | 621 | 553 | 522 | 476 | 396 | 305 | 251 |
| Total debt | 96.39 | 189 | 188 | 152 | 50.27 | 14.59 | 49.03 |
| Cash & bank | 45.97 | 39.04 | 24.23 | 22.35 | 8.89 | 15.02 | 16.01 |
| Net working capital | 237 | 259 | 222 | 155 | 147 | 85.39 | 99.98 |
| Cash flow | |||||||
| Cash from operations | 203 | 84.72 | 40.21 | 121 | 47.54 | 75.22 | 36.32 |
| Cash from investing | (57.41) | (28.75) | (19.64) | (179) | (67.06) | (36.89) | (42.12) |
| Cash from financing | (141) | (44.49) | (12.99) | 70.78 | 11.93 | (46.26) | 6.75 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 499 | 526 | 398 | 331 | 337 | 376 | 349 | 355 |
| Revenue growth (YoY) | +48.2% | +39.9% | +13.8% | -6.7% | -4.1% | +11.6% | - | - |
| Other income | 4.52 | 2.81 | 6.72 | 3.27 | 10.35 | 2.64 | 0.93 | 4.67 |
| Total expenses | 441 | 409 | 343 | 293 | 296 | 337 | 311 | 328 |
| EBITDA | 58.33 | 117 | 54.67 | 38.75 | 40.60 | 38.60 | 38.46 | 27.07 |
| EBITDA margin | +11.7% | +22.3% | +13.8% | +11.7% | +12.1% | +10.3% | +11.0% | +7.6% |
| Depreciation | 12.80 | 13.11 | 14.01 | 12.27 | 12.02 | 11.26 | 10.53 | 10.66 |
| Interest | 2.55 | 2.15 | 2.39 | 2.20 | 2.96 | 3.65 | 4.38 | 4.65 |
| Profit before tax | 47.50 | 105 | 44.99 | 27.55 | 35.97 | 26.33 | 24.48 | 16.43 |
| Tax | 12.66 | 25.71 | 10.24 | 5.33 | 10.69 | 7.17 | 7.72 | 4.87 |
Financial Statements
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Revenue | 296 | 355 |
| Revenue growth | -16.5% | - |
| Other income | 8.28 | 5.58 |
| Total expenses | 256 | 313 |
| Employee cost | 17.08 | 14.10 |
| EBITDA | 40.04 | 42.24 |
| EBITDA margin | +13.5% | +11.9% |
| Depreciation | 9.40 | 8.98 |
| Interest | 3.05 | 4.01 |
| Profit before tax | 35.87 | 34.83 |
| Tax | (2.65) | 10.15 |
| Net profit | 34.96 | 21.54 |
| Net profit margin | +11.8% | +6.1% |
| EPS (₹) | 17.60 | 22.21 |
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 10.41 | 5.22 |
| Reserves & surplus | 177 | 94.53 |
| Shareholders' funds (net worth) | 187 | 99.75 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 25.42 | 31.09 |
| Unsecured loans | 0.00 | 0.00 |
| Total debt | 25.42 | 31.09 |
| Total liabilities | 216 | 134 |
| Assets | ||
| Gross block | 189 | 122 |
| Net block | 89.85 | 63.25 |
| Capital work in progress | 4.89 | 1.88 |
| Investments | 17.81 | 30.76 |
| Inventories | 43.34 | 15.22 |
| Sundry debtors | 83.84 | 48.70 |
| Cash & bank balances | 9.81 | 4.43 |
| Loans & advances | 15.12 | 9.85 |
| Total current assets | 152 | 78.20 |
| Total current liabilities | 72.05 | 41.12 |
| Net working capital | 80.06 | 37.08 |
| Total assets | 216 | 134 |
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Opening cash | 3.72 | 5.31 |
| Net cash from operating activities | (18.26) | 32.00 |
| Net cash from investing activities | 40.20 | (7.56) |
| Net cash from financing activities | (16.84) | (26.03) |
| Net change in cash | 5.10 | (1.58) |
| Closing cash | 9.81 | 4.43 |
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Growth | ||
| Sales growth | -16.5% | - |
| EBITDA growth | -5.2% | - |
| PBT growth | +3.0% | +9997.0% |
| Net income growth | +62.3% | - |
| Profitability & leverage | ||
| Net income margin | +13.0% | +7.0% |
| Return on capital employed | +19.5% | +25.7% |
| Return on net worth | +24.4% | +21.6% |
| Debt / equity | 0.20 | 0.31 |
| Long-term debt / equity | 0.03 | 0.08 |
| Interest cover | 9.95 | 12.06 |
| Efficiency & per share | ||
| Fixed asset turnover | 2.12 | 3.23 |
| Inventory turnover | 11.28 | 25.81 |
| Debtors turnover | 4.98 | 8.07 |
| EPS (₹) | 17.60 | 22.21 |
| Dividend per share (₹) | 4.50 | 7.00 |
| Book value per share (₹) | 89.94 | 95.48 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 499 | 526 | 398 | 331 | 337 | 376 | 349 | 355 |
| Revenue growth (YoY) | +48.2% | +39.9% | +13.8% | -6.7% | -4.1% | +11.6% | - | - |
| Other income | 4.52 | 2.81 | 6.72 | 3.27 | 10.35 | 2.64 | 0.93 | 4.67 |
| Total expenses | 441 | 409 | 343 | 293 | 296 | 337 | 311 | 328 |
| EBITDA | 58.33 | 117 | 54.67 | 38.75 | 40.60 | 38.60 | 38.46 | 27.07 |
| EBITDA margin | +11.7% | +22.3% | +13.8% | +11.7% | +12.1% | +10.3% | +11.0% | +7.6% |
| Depreciation | 12.80 | 13.11 | 14.01 | 12.27 | 12.02 | 11.26 | 10.53 | 10.66 |
| Interest | 2.55 | 2.15 | 2.39 | 2.20 | 2.96 | 3.65 | 4.38 | 4.65 |
| Profit before tax | 47.50 | 105 | 44.99 | 27.55 | 35.97 | 26.33 | 24.48 | 16.43 |
| Tax | 12.66 | 25.71 | 10.24 | 5.33 | 10.69 | 7.17 | 7.72 | 4.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,442 | 1,392 | 1,125 | 1,080 | 957 | 541 | 496 |
| Revenue growth | +3.5% | +23.8% | +4.1% | +12.9% | +77.0% | +9.0% | - |
| Other income | 22.99 | 10.38 | 7.72 | 7.29 | 7.89 | 5.19 | 5.93 |
| Total expenses | 1,269 | 1,268 | 1,011 | 921 | 817 | 471 | 462 |
| Employee cost | 96.50 | 74.50 | 65.32 | 56.40 | 50.87 | 43.07 | 39.40 |
| EBITDA | 173 | 125 | 114 | 159 | 140 | 69.88 | 34.46 |
| EBITDA margin | +12.0% | +9.0% | +10.1% | +14.7% | +14.6% | +12.9% | +7.0% |
| Depreciation | 49.56 | 41.58 | 31.54 | 15.23 | 14.09 | 14.51 | 13.40 |
| Interest | 11.21 | 17.32 | 15.61 | 5.06 | 3.25 | 3.81 | 2.42 |
| Profit before tax | 135 | 76.25 | 74.52 | 146 | 130 | 56.75 | 24.57 |
| Tax | 33.43 | 22.19 | 20.64 | 37.58 | 31.55 | 12.58 | 7.97 |
| Net profit | 100 | 53.69 | 53.83 | 108 | 98.60 | 44.01 | 15.99 |
| Net profit margin | +7.0% | +3.9% | +4.8% | +10.0% | +10.3% | +8.1% | +3.2% |
| EPS (₹) | 19.56 | 10.43 | 10.39 | 20.82 | 19.06 | 8.52 | 3.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 |
| Reserves & surplus | 611 | 543 | 511 | 466 | 386 | 295 | 241 |
| Shareholders' funds (net worth) | 621 | 553 | 522 | 476 | 396 | 305 | 251 |
| Secured loans | 92.96 | 185 | 183 | 152 | 50.12 | 14.39 | 49.03 |
| Unsecured loans | 3.43 | 4.55 | 5.58 | 0.00 | 0.15 | 0.20 | 0.00 |
| Total debt | 96.39 | 189 | 188 | 152 | 50.27 | 14.59 | 49.03 |
| Total liabilities | 733 | 751 | 720 | 638 | 456 | 327 | 307 |
| Assets | |||||||
| Gross block | 556 | 533 | 501 | 470 | 228 | 205 | 171 |
| Net block | 364 | 386 | 386 | 385 | 157 | 145 | 125 |
| Capital work in progress | 11.27 | 11.94 | 7.88 | 12.33 | 38.60 | 11.56 | 19.35 |
| Investments | 117 | 106 | 111 | 87.96 | 97.52 | 82.38 | 54.43 |
| Inventories | 128 | 138 | 125 | 105 | 87.12 | 55.83 | 59.67 |
| Sundry debtors | 244 | 254 | 203 | 137 | 162 | 105 | 89.07 |
| Cash & bank balances | 45.97 | 39.04 | 24.23 | 22.35 | 8.89 | 15.02 | 16.01 |
| Loans & advances | 54.29 | 54.93 | 51.51 | 43.22 | 30.37 | 23.53 | 19.42 |
| Total current assets | 473 | 486 | 404 | 308 | 288 | 199 | 184 |
| Total current liabilities | 236 | 227 | 182 | 153 | 141 | 114 | 84.19 |
| Net working capital | 237 | 259 | 222 | 155 | 147 | 85.39 | 99.98 |
| Total assets | 733 | 751 | 720 | 638 | 456 | 327 | 307 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 49.14 | 37.66 | 30.07 | 17.27 | 24.86 | 32.79 | 31.84 |
| Net cash from operating activities | 203 | 84.72 | 40.21 | 121 | 47.54 | 75.22 | 36.32 |
| Net cash from investing activities | (57.41) | (28.75) | (19.64) | (179) | (67.06) | (36.89) | (42.12) |
| Net cash from financing activities | (141) | (44.49) | (12.99) | 70.78 | 11.93 | (46.26) | 6.75 |
| Net change in cash | 5.15 | 11.49 | 7.59 | 12.80 | (7.59) | (7.93) | 0.95 |
| Closing cash | 45.97 | 39.04 | 24.23 | 22.35 | 8.89 | 15.02 | 16.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.5% | +23.8% | +4.1% | +12.9% | +77.0% | +9.0% | - |
| EBITDA growth | +38.4% | +9.5% | -28.1% | +13.4% | +100.1% | +102.8% | - |
| PBT growth | +76.8% | +2.3% | -48.8% | +11.6% | +129.7% | +131.0% | -60.2% |
| Net income growth | +86.9% | -0.3% | -50.1% | +9.3% | +124.0% | +175.2% | - |
| Revenue CAGR (3Y) | +10.1% | +13.3% | +27.7% | +29.6% | +15.2% | +0.9% | +8.5% |
| EBITDA CAGR (3Y) | +2.9% | -3.7% | +17.7% | +66.3% | +26.4% | +3.2% | +5.4% |
| Profitability & leverage | |||||||
| Net income margin | +7.0% | +3.9% | +4.8% | +10.0% | +10.3% | +8.2% | +3.4% |
| Return on capital employed | +19.7% | +12.7% | +13.3% | +27.5% | +34.1% | +19.1% | +9.1% |
| Return on net worth | +17.3% | +10.1% | +10.8% | +24.8% | +28.2% | +15.9% | +6.3% |
| Debt / equity | 0.24 | 0.35 | 0.34 | 0.23 | 0.09 | 0.11 | 0.10 |
| Long-term debt / equity | 0.08 | 0.15 | 0.22 | 0.17 | 0.05 | 0.05 | 0.04 |
| Interest cover | 9.11 | 20.82 | 18.94 | 3.53 | 2.59 | 6.88 | 11.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.65 | 2.69 | 2.32 | 3.09 | 4.42 | 2.87 | 3.53 |
| Inventory turnover | 10.84 | 10.60 | 9.77 | 11.24 | 13.39 | 9.36 | 9.20 |
| Debtors turnover | 5.78 | 6.09 | 6.61 | 7.23 | 7.18 | 5.58 | 4.95 |
| EPS (₹) | 19.56 | 10.43 | 10.39 | 20.82 | 19.06 | 8.52 | 3.21 |
| Dividend per share (₹) | 8.00 | 6.50 | 5.50 | 5.50 | 5.00 | 3.50 | 3.00 |
| Book value per share (₹) | 119.78 | 106.70 | 100.64 | 91.81 | 76.41 | 58.91 | 48.47 |
To see the full year-wise statements and ratios of Apcotex Industries Limited, buy the company report.
Board of directors of Apcotex Industries Limited
Apcotex Industries has 9 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhiraj Atul Choksey | Managing Director | 26 Nov 2002 | 23 Years 11 Months | Current |
| Ravishankar Lakshmanan Sharma | Whole-Time Director | 21 May 2020 | 6 Years 5 Months | Current |
| Udayan Dileep Choksi Also directs: Senores Pharmaceuticals Limited, Aia Engineering Limited, M & B Engineering Limited and 3 more | Director | 27 Jul 2018 | 8 Years 3 Months | Current |
| Atul Champaklal Choksey Also directs: Choksey Chemicals Private Limited, Mazda Colours Limited, Shyamal Fin-Vest (India) Limited and 1 more | Director | 23 Jan 1991 | 35 Years 9 Months | Current |
| Amit Champaklal Choksey Also directs: Choksey Chemicals Private Limited, Mazda Colours Limited, Aquamarine Trading and Investments Pvt Ltd and 5 more | Director | 21 Nov 1997 | 28 Years 11 Months | Current |
| Rajendra Kishore Mariwala | Director | 01 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Apcotex Industries Limited is audited by S G D G & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G D G & Associates LLP | FY 2023 | W100188 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.20%, foreign institutional investors hold 0.70%, domestic institutional investors hold 1.90% and retail and other public shareholders hold 39.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.20% | 58.20% | 58.20% | 58.20% |
| Public | 41.80% | 41.80% | 41.80% | 41.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2026 | 101300216 | Others | ₹1.23 Cr | Open | |
| 30 Jun 2025 | 101121427 | Sbicap Trustee Company Limited | ₹467 Cr | Open | |
| 29 Nov 2021 | 100523814 | Hdfc Bank Limited | ₹150 Cr | Satisfied | |
| 25 Feb 2019 | 100249572 | Hdfc Bank Limited | ₹30 Cr | Satisfied | |
| 06 Apr 2017 | 100117868 | Citi Bank N.A. | ₹60 Cr | Satisfied |
To see the full charge records of Apcotex Industries Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Apcotex Industries Limited has 29 deals on record (26 market trades, 3 secondary share transfers); the latest was in August 2020.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Jareepa Trading Private Limited , Gauriputra Investments and Trading Company Private Limited , Amit Champaklal Choksey HUF, an individual Seller: Others Apcotex Industries Limited, 3 individuals |
| Dec 2017 | Market trade | ₹11.87 Cr | Buyer: Saldhar Investments and Trading Company Private Limited Seller: an individual |
| Nov 2016 | Market trade | ₹7.72 Cr | Buyer: Saldhar Investments and Trading Company Private Limited |
| Nov 2016 | Market trade | ₹12.28 Cr | Buyer: Saldhar Investments and Trading Company Private Limited Seller: Abhiraj Atul Choksey (Huf) |
| Nov 2016 | Market trade | ₹51.06 Cr | Buyer: Saldhar Investments and Trading Company Private Limited Seller: 2 individuals |
To see the full deal history of Apcotex Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Apcotex Industries Limited has 72 court cases on record: 35 filed by Apcotex Industries, 37 filed against it. 17 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 37 | 19 | 8 |
| District courts | 33 | 17 | 8 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Anshika Polysurf Limited and 8 others | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Auchtel Products Ltd. | Disposed |
| Bombay High Court | Court case (MCA) | Filed against the company by European Software Alliances Ltd. | Disposed |
| District court, Vadodara, Gujarat | Court case (REF IT) | Filed against the company by an individual | Pending |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Apcotex Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Apcotex Industries Limited was last rated by Icra on 23 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Mar 2022 |
To see the full credit ratings and regulatory alerts of Apcotex Industries Limited, buy the company report.
MSME payment delays
Apcotex Industries Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 234 overdue payments to 75 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Jayant Packing Industry | |||
| Vitesse Travels Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Apcotex Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Apcotex Industries Limited has a workforce of 337 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Apcotex Industries has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA3427G1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACA3427G2Z0 | Maharashtra | Active | 19 Jul 2018 |
| 24AAACA3427G1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apcotex Industries Limited, buy the company report.
Recent activity
Apcotex Industries Limited has 39 board changes on record since 1991: 25 appointments and 14 cessations. The latest: Vivek Thakur was appointed as CFO on 20 Aug 2025.
54 earlier events are in the company report.
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Frequently asked questions
Apcotex Industries is an active public limited company based in Thane, Maharashtra, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 12 March 1986 (40+ years old) and is registered under CIN L99999MH1986PLC039199. Listed on BSE: 523694 and NSE: APCOTEXIND.
Apcotex Industries reported revenue of ₹1,441.5 Cr for FY 2025-26 (up 3.5% YoY) based on standalone financials.
Apcotex Industries has 9 current directors:
- Abhiraj Atul Choksey - Managing Director
- Ravishankar Lakshmanan Sharma - Whole-Time Director
- Udayan Dileep Choksi - Director
- Atul Champaklal Choksey - Director
- Amit Champaklal Choksey - Director
- Rajendra Kishore Mariwala - Director
- Dinanath Narcinva Prabhukholkar - Director
- Priti Paras Savla - Director
- Achala Vasudev Danait - Director
The latest financial statements of Apcotex Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Apcotex Industries is 27AAACA3427G1Z1, registered in Maharashtra. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACA3427G2Z0 (Maharashtra), 24AAACA3427G1Z7 (Gujarat).
The CIN (Corporate Identification Number) of Apcotex Industries is L99999MH1986PLC039199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Apcotex Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 523694) and NSE (symbol: APCOTEXIND).
Apcotex Industries has 72 court cases on record: 35 filed by the company and 37 filed against it. 17 are pending. Most are in the high courts.
Apcotex Industries was incorporated on 12 March 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Apcotex Industries has 29 deals on record (26 market trades, 3 secondary share transfers); the latest was in August 2020.
Vivek Thakur was appointed as CFO on 20 Aug 2025. Sachin Jaikishan Karwa ceased to be CFO on 27 May 2025. Rajendra Kishore Mariwala was appointed as Director on 01 Feb 2025. Apcotex Industries has 39 board changes on record in total.

