Apcotex Industries (NSE:APCOTEXIND) Operating Margin %: 10.23% (As of Mar. 2026) — 10% Above Median


NSE:APCOTEXIND Apcotex Industries Ltd NSE:APCOTEXIND
86 GF Score
Price ₹511.85
GF Value ₹519.57
Valuation Fairly Valued
! 6 Warning Signs
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What is Apcotex Industries Operating Margin %?

Apcotex Industries NSE:APCOTEXIND -4.00% 86 Operating Margin % is 10.23% as of Mar. 2026, which is 10% above its 10-year median of 9.32. GuruFocus rates NSE:APCOTEXIND with a GF Score™ of 86/100 and a GF Value™ of ₹519.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,585 Chemicals companies, Apcotex Industries ranks better than 63.09% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Apcotex Industries's Operating Income for the three months ended in Mar. 2026 was ₹407 Mil. Apcotex Industries's Revenue for the three months ended in Mar. 2026 was ₹3,976 Mil. Therefore, Apcotex Industries's Operating Margin % for the quarter that ended in Mar. 2026 was 10.23%.

Warning Sign:

Apcotex Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -9.4%.

The historical rank and industry rank for Apcotex Industries's Operating Margin % or its related term are showing as below:

NSE:APCOTEXIND' s Operating Margin % Range Over the Past 10 Years
Min: 4.43   Med: 9.32   Max: 13.41
Current: 8.87


NSE:APCOTEXIND's Operating Margin % is ranked better than
63.09% of 1585 companies
in the Chemicals industry
Industry Median: 6.02 vs NSE:APCOTEXIND: 8.87

Apcotex Industries's 5-Year Average Operating Margin % Growth Rate was -9.40% per year.

Apcotex Industries's Operating Income for the three months ended in Mar. 2026 was ₹407 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,279 Mil.


Apcotex Industries  (NSE:APCOTEXIND) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Apcotex Industries Operating Margin % Related Terms


Apcotex Industries Operating Margin % Historical Data

* Premium members only.

The historical data trend for Apcotex Industries's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apcotex Industries Operating Margin % Chart

Apcotex Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 13.41 7.40 6.04 9.38

Apcotex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.99 7.28 8.49 9.43 10.23

NSE:APCOTEXIND vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Apcotex Industries's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apcotex Industries Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Apcotex Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Apcotex Industries's Operating Margin % falls into.


NSE:APCOTEXIND
86GF Score
Apcotex Industries Ltd NSE:APCOTEXIND
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Apcotex Industries Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Apcotex Industries's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1338.896 / 14268.4
=9.38 %

Apcotex Industries's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=406.591 / 3975.838
=10.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 10.23% mean?
Apcotex Industries (NSE:APCOTEXIND) has a Operating Margin % of 10.23% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Apcotex Industries and its competitors. This is 10% above median its historical median of 9.32. Over the past decade, Apcotex Industries' Operating Margin % has ranged from 4.43 to 13.41. According to the industry distribution chart, Apcotex Industries ranks #585 out of 1585 companies in the Chemicals industry, placing it in the top 36.9%.
Is Apcotex Industries' Operating Margin % too high?
Apcotex Industries' current Operating Margin % of 10.23% is 10% above median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 13.41. The Chemicals industry median Operating Margin % is 6.02. Apcotex Industries' value of 10.23% is 69.9% above this industry median. Based on the distribution chart, Apcotex Industries ranks #585 out of 1585 companies in the Chemicals industry, which is above the industry midpoint. Overall, Apcotex Industries has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apcotex Industries' Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Apcotex Industries ranks #585 out of 1585 companies for Operating Margin %. This puts Apcotex Industries in the upper half of its industry. The industry median Operating Margin % is 6.02. Apcotex Industries' value of 10.23% is 69.9% above this benchmark. Historically, Apcotex Industries' own Operating Margin % has ranged from 4.43 to 13.41 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 6.02, Apcotex Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Chemicals company?
The median Operating Margin % among Chemicals companies is 6.02, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apcotex Industries's current Operating Margin % of 10.23% is 69.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Apcotex Industries and its competitors. For the Chemicals industry, the median Operating Margin % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apcotex Industries's current Operating Margin % is 10.23%, which is 10% above median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apcotex Industries stock overvalued right now?
Based on GuruFocus' analysis, Apcotex Industries (NSE:APCOTEXIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹519.57, compared to a current price of ₹511.85 — trading 1.5% below its estimated fair value. The current Operating Margin % is 10.23%, which is 10% above median its 10-year median of 9.32 and 69.9% above the Chemicals industry median of 6.02. Apcotex Industries' overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Apcotex Industries (NSE:APCOTEXIND), the current Operating Margin % is 10.23% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apcotex Industries (NSE:APCOTEXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Apcotex Industries stock appears to be undervalued. The current stock price of ₹511.85 is trading 1.5% below its estimated GF Value™ of ₹519.57. GuruFocus considers Apcotex Industries to be Fairly Valued.

Key valuation signals for NSE:APCOTEXIND:

  • Operating Margin %: 10.23% (10% above median its 10-year median of 9.32)
  • GF Value™: ₹519.57 vs. price of ₹511.85 (1.5% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 69.9% above the Chemicals median (#585 of 1585)

No single metric tells the full story. See the NSE:APCOTEXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apcotex Industries Business Description

Other Exchanges 523694:India
Address B. M. Chinai Marg, NKM International House, 178, Backbay Reclamation, Mumbai, MH, IND, 400020
Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in a single primary business segment, i.e. Synthetic Lattices & Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.
86GF Score

Get the complete analysis for NSE:APCOTEXIND

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹511.85
Price
₹519.57
GF Value