---
title: "Excel Castronics Ltd (526735) — Share Price, Financials & Analysis"
symbol: "526735"
company: "Excel Castronics Ltd"
canonical: "https://tapetide.com/stocks/526735"
isin: "INE501O01036"
bse_code: "526735"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T18:58:30.596Z"
---

# Excel Castronics Ltd (526735)

Canonical page: https://tapetide.com/stocks/526735

## Company

- **BSE Code:** 526735
- **ISIN:** INE501O01036
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2011-09-29
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** excelcastronics.com

## About

Excel Castronics Limited is an India-based company, which is a supplier of castor seeds and castor oil across the western part of India. The principle business activity of the Company is agricultural commodities. The Company is engaged in processing and distributing cashew and cardamom.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.17 times its book value
- Company's working capital requirements have reduced from 260 days to 47.2 days

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 6.76% over last 3 years.
- Company has high debtors of 232 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -119% | 135% | 110% |
| revenue growth | -95% | 258% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9.41 | 12.48 | 2.18 | 18.29 | 43.57 | 37.16 | 40.35 | 32.11 | 5.58 | 0 | 0 | 2.17 |
| Expenses | 9.12 | 12.06 | 2.14 | 17.63 | 43.24 | 36.34 | 39.6 | 31.49 | 6.13 | 0.03 | 0.02 | 1.89 |
| Operating Profit | 0.29 | 0.42 | 0.04 | 0.66 | 0.33 | 0.82 | 0.75 | 0.62 | -0.55 | -0.03 | -0.02 | 0.28 |
| OPM % | 3.08 | 3.37 | 1.83 | 3.61 | 0.76 | 2.21 | 1.86 | 1.93 | -9.86 | — | — | 12.9 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 1.04 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0.13 | 0.22 | 0.13 | 0.03 | 0.67 | 0.26 | 0.17 | 0.24 | 0.33 |
| Depreciation | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 |
| Profit before tax | 0.28 | 0.42 | 0.04 | 0.53 | 0.11 | 0.69 | 0.72 | 0.03 | 0.21 | -0.2 | -0.26 | -0.05 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.28 | 0.42 | 0.04 | 0.53 | 0.11 | 0.69 | 0.72 | 0.03 | 0.21 | -0.2 | -0.26 | -0.05 |
| EPS in Rs | 0.07 | 0.1 | 0.01 | 0.13 | 0.03 | 0.17 | 0.18 | 0.01 | 0.05 | -0.05 | -0.06 | -0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 1.66 | 3.95 | 30.36 | 76.28 | 7.75 |
| Expenses | 0 | 0 | 0.08 | 0.49 | 1.69 | 3.97 | 29.76 | 74.71 | 8.07 |
| Operating Profit | 0 | 0 | -0.08 | -0.49 | -0.03 | -0.02 | 0.6 | 1.57 | -0.32 |
| OPM % | — | — | — | — | -1.81 | -0.51 | 1.98 | 2.06 | -4.13 |
| Other Income | 0.02 | 0 | 0.16 | 0 | 0.1 | 0.08 | 0.12 | 0.08 | 1.04 |
| Interest | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0.34 | 1 |
| Depreciation | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.18 | 0.02 |
| Profit before tax | 0 | -0.01 | 0.06 | -0.5 | 0.06 | 0.05 | 0.71 | 1.13 | -0.3 |
| Tax % | — | 0 | 0 | 0 | 0 | -820 | 19.72 | 30.97 | — |
| Net Profit | 0 | -0.01 | 0.06 | -0.5 | 0.06 | 0.45 | 0.58 | 0.78 | -0.3 |
| EPS in Rs | — | — | — | — | — | 0.11 | 0.14 | 0.19 | -0.07 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 | 0 | 35.09 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.21 | 3.21 | 3.21 | 3.21 | 8.14 | 8.14 | 8.14 | 8.14 |
| Reserves | -2.24 | -2.25 | -2.19 | -2.69 | 0.11 | 0.56 | 0.89 | 1.68 |
| Borrowings | 0 | 0 | 0.05 | 0.05 | 0.21 | 0.06 | 0.06 | 7.38 |
| Other Liabilities | 0.03 | 0.02 | 0.03 | 0.02 | 0.01 | 0.01 | 1.44 | 48.05 |
| Total Liabilities | 1 | 0.98 | 1.1 | 0.59 | 8.47 | 8.77 | 10.53 | 65.25 |
| Fixed Assets | 0.1 | 0.08 | 0.04 | 0.03 | 0.03 | 0.01 | 0.56 | 1.99 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0.58 | 0.48 | 0 | 0.11 |
| Other Assets | 0.9 | 0.9 | 1.06 | 0.56 | 7.86 | 8.28 | 9.97 | 63.15 |
| Total Assets | 1 | 0.98 | 1.1 | 0.59 | 8.47 | 8.77 | 10.53 | 65.25 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | 0 | -0.1 | -0.13 | -7.22 | 0.44 | 0.2 | -1.32 |
| Cash from Investing Activity | 0.02 | 0 | 0.11 | 0 | 6.98 | 0.12 | -0.47 | -1.13 |
| Cash from Financing Activity | 0 | 0 | 0.05 | 0 | 0.16 | -0.15 | -0.04 | 2.45 |
| Net Cash Flow | 0.01 | 0 | 0.06 | -0.13 | -0.08 | 0.41 | -0.32 | 0 |
| Free Cash Flow | -0.01 | 0 | -0.07 | -0.13 | -7.22 | 0.44 | -0.35 | -2.93 |
| CFO/OP | — | — | 125 | 27 | 24067 | -2200 | 33 | -84 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | 171.51 | 94.25 | 15.63 | 232.5 |
| Inventory Days | — | — | — | — | 31.35 | 47.53 | 20.55 | 26.33 |
| Days Payable | — | — | — | — | 0 | 0 | 12.63 | 235.26 |
| Cash Conversion Cycle | — | — | — | — | 202.86 | 141.78 | 23.55 | 23.57 |
| Working Capital Days | — | — | — | — | 1627.11 | 647.76 | 85.72 | 47.23 |
| ROCE % | — | -1.04 | -0.99 | -60.98 | 1.33 | 0.58 | 7.96 | 11.18 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 25.11% | 12.35% |
| Public | 74.89% | 87.65% |
| No. of Shareholders | 11400 | 11676 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.11% | 25.11% | 25.11% | 25.11% | 25.11% | 16.18% | 12.35% |
| Public | 74.89% | 74.89% | 74.89% | 74.89% | 74.89% | 83.82% | 87.65% |
| No. of Shareholders | 10070 | 10496 | 10989 | 11400 | 11448 | 11513 | 11676 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Lakshmana Rao Challa appointed Head Manufacturing Operations & Supply Chain (Fibre Cement), effective Feb 9, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9 Feb - Lakshmana Rao Challa appointed Head Manufacturing Operations & Supply Chain (Fibre Cement), effective Feb 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1fd53ed6-3fc2-4f3b-9e61-000f3fce98a4.pdf) |
| 6 Feb - Q3/9M FY26 results: consolidated 9M loss Rs5,451.60 lakh; exceptional gratuity charge ~Rs1,668.84 lakh. | [Board Meeting Outcome for Outcome Of The Board Meeting And Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025 6 Feb - Q3/9M FY26 results: consolidated 9M loss Rs5,451.60 lakh; exceptional gratuity charge ~Rs1,668.84 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1fab8aa-7ccb-435f-b51e-c993ed605f95.pdf) |
| 6 Feb - Q3/9M Dec 31,2025 results: consolidated 9M loss Rs5,451.60L; gratuity exceptional charge Rs1,668.84L. | [Unaudited (Standalone & Consolidated) Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025 6 Feb - Q3/9M Dec 31,2025 results: consolidated 9M loss Rs5,451.60L; gratuity exceptional charge Rs1,668.84L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28612063-b2b9-4728-98c2-cfeec38f1fb4.pdf) |
| 4 Feb - Subramaniam Venkatakrishnan appointed VP (Business Head–Boards & Panels); Rahul Chopra reassigned Head—Skill Development; effective Feb 4, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 4 Feb - Subramaniam Venkatakrishnan appointed VP (Business Head–Boards & Panels); Rahul Chopra reassigned Head—Skill Development; effective Feb 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c83d36a5-98c6-4ac9-9a78-428d7862d545.pdf) |
| 29 Jan - Board meeting Feb 6, 2026 to consider Q3/9M results (ended Dec 31, 2025); trading window closed Jan 1–Feb 8, 2026. | [Board Meeting Intimation for Consideration And Approval Of The Unaudited (Standalone And Consolidated) Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025. 29 Jan - Board meeting Feb 6, 2026 to consider Q3/9M results (ended Dec 31, 2025); trading window closed Jan 1–Feb 8, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6afe4701-e312-43b2-b452-c082bcd2c5a5.pdf) |
| 2 Feb 2018 - Appointment of Aditi Gorasia as Compliance Officer. | [Appointment of Company Secretary / Compliance Officer 2 Feb 2018 - Appointment of Aditi Gorasia as Compliance Officer.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59230816-9ba8-4f63-a38e-bb0f7f12c9f7.pdf) |
| 2 Feb 2018 - Appointment of Aditi Gorasia as Compliance Officer. | [Appointment of Company Secretary / Compliance Officer 2 Feb 2018 - Appointment of Aditi Gorasia as Compliance Officer.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/59230816-9ba8-4f63-a38e-bb0f7f12c9f7.pdf) |
| — | [Newspaper Publication Regarding Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares Of Everest Industries Limited 27 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25f67175-5342-4fa6-b840-fbb5ca51891c.pdf) |
| — | [Outcome Of Board Meeting Held On 22Nd February, 2018. 22 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b958030a-4dfe-46ae-a897-98903dedcfda.pdf) |
| — | [Outcome Of Board Meeting Held On 22Nd February, 2018. 22 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/b958030a-4dfe-46ae-a897-98903dedcfda.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_EVERESTIND_2011_2012_06072012100224.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50977587-ed37-462a-9e24-e80b01fee4e2.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e823f3d0-a95f-4e51-a927-79c5ac57d20d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/964842a2-132d-42b5-850a-213da507ebe3.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/508906/73921508906.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/508906/69172508906.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/508906/5089060320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/508906/5089060319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/508906/5089060318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/508906/5089060317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17f06e25-2a77-44f3-85c3-1a66cb0eed89.pdf) |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8C15FE08_5E88_4F6B_ACED_F52C6A7F08CB_110926.pdf) |
| Oct 2018 | [Concall - Oct 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/c8e177a8-4551-4da1-a9aa-21ca13dd2b12.pdf) |
| Oct 2016 | [Concall - Oct 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=D09077EF_ECD8_4EE3_AA31_9C9022802479_095759.pdf) |
| Jul 2016 | [Concall - Jul 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=BFCA18C4_53E6_4D23_A087_E772E71F5CFF_130426.pdf) |
| Jan 2017 | [Concall - Jan 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26E7F06C_08F9_4CC7_8DC6_8728565056AF_171759.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:30.596Z.