Excel Industries
EXCELINDUS NSE
Excel Industries
ChemicalsNSE: EXCELINDUS BSE: 500650 Specialty Chemicals
Key Fundamentals
MicrocapSpecialty ChemicalsChemicalsMarket Cap
₹1,230 Cr
Volatility
Moderate
P/E Ratio
17.27
EBITDA
₹137 Cr
Return on Equity
4.44%
Debt to Equity
0
Book Value
₹1,354.74
EPS
₹33.53
52W High
₹1,210
52W Low
₹800.05
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.72 times its book value
- Company has been maintaining a healthy dividend payout of 27.9%
Weaknesses
3- Promoter holding has decreased over last quarter: -0.83%
- The company has delivered a poor sales growth of 7.87% over past five years.
- Company has a low return on equity of 3.64% over last 3 years.
Growth Rate
Revenue Growth
11.26% higher than
3Y
Net Income Growth
-11.25% lower than
3Y
Cash Flow Change
-14.43% higher than
3Y
ROE
-17.32% lower than
3Y
ROCE
-19.24% lower than
3Y
EBITDA Margin (Avg.)
-17.7% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 214 | 198 | 180 | 234 | 265 | 269 | 196 | 248 | 310 | 270 | 234 | 281 | 294 |
| Expenses | 207 | 195 | 179 | 221 | 226 | 220 | 184 | 228 | 267 | 240 | 218 | 259 | 251 |
| Operating Profit | 8 | 3 | 1 | 12 | 39 | 49 | 12 | 20 | 42 | 30 | 16 | 22 | 42 |
| OPM % | 3.6% | 1.3% | 0.8% | 5% | 15% | 18% | 6% | 8% | 14% | 11% | 7% | 8% | 14% |
| Other Income | 9 | 7 | 11 | 5 | 11 | 8 | 5 | 6 | 12 | 7 | 5 | 3 | 7 |
| Interest | 1 | 0 | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
| Depreciation | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 10 | 10 |
| PBT | 8 | 2 | 4 | 9 | 41 | 47 | 8 | 16 | 44 | 27 | 11 | 15 | 39 |
| Tax % | 24% | 9% | 34% | 25% | 25% | 24% | 26% | 24% | 24% | 23% | 25% | 16% | 24% |
| Net Profit | 6 | 2 | 3 | 7 | 31 | 36 | 6 | 12 | 34 | 21 | 8 | 12 | 29 |
| EPS in Rs | 4.68 | 1.42 | 2.13 | 5.31 | 24.68 | 28.38 | 4.93 | 9.87 | 26.86 | 16.86 | 6.71 | 9.77 | 23.44 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 482 | 448 | 462 | 599 | 825 | 702 | 749 | 1,178 | 1,090 | 826 | 978 | 1,095 | 1,079 |
| Expenses | 409 | 385 | 419 | 474 | 574 | 571 | 628 | 946 | 961 | 801 | 857 | 980 | 969 |
| Operating Profit | 72 | 63 | 44 | 125 | 250 | 131 | 122 | 232 | 129 | 25 | 121 | 114 | 110 |
| OPM % | 15% | 14% | 9% | 21% | 30% | 19% | 16% | 20% | 12% | 3% | 12% | 10% | 10% |
| Other Income | 7 | 3 | 9 | 4 | 5 | 10 | 9 | 15 | 12 | 32 | 29 | 24 | 22 |
| Interest | 14 | 13 | 11 | 7 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 2 |
| Depreciation | 15 | 15 | 14 | 15 | 18 | 23 | 27 | 31 | 31 | 31 | 34 | 37 | 38 |
| PBT | 51 | 38 | 27 | 107 | 234 | 115 | 101 | 213 | 106 | 23 | 113 | 98 | 92 |
| Tax % | 19% | 31% | 26% | 31% | 34% | 16% | 29% | 24% | 24% | 25% | 24% | 23% | — |
| Net Profit | 41 | 26 | 20 | 74 | 153 | 96 | 71 | 161 | 80 | 17 | 85 | 76 | 71 |
| EPS in Rs | 34.59 | 20.18 | 15.93 | 58.78 | 122 | 76.42 | 56.55 | 128 | 63.59 | 13.53 | 67.86 | 60.2 | 56.78 |
| Div. Payout % | 20% | 22% | 38% | 21% | 15% | 13% | 20% | 18% | 18% | 41% | 20% | 23% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 180 | 204 | 404 | 526 | 693 | 695 | 845 | 1,143 | 1,235 | 1,421 | 1,582 | 1,697 |
| Borrowings | 95 | 89 | 68 | 10 | 7 | 24 | 9 | 7 | 3 | 2 | 12 | 8 |
| Other Liabilities | 106 | 121 | 141 | 186 | 209 | 212 | 251 | 330 | 248 | 367 | 319 | 394 |
| Total Liabilities | 387 | 421 | 619 | 728 | 916 | 937 | 1,111 | 1,487 | 1,493 | 1,795 | 1,920 | 2,105 |
| Fixed Assets | 158 | 164 | 183 | 203 | 238 | 376 | 389 | 427 | 428 | 428 | 459 | 476 |
| CWIP | 3 | 3 | 8 | 23 | 12 | 10 | 17 | 21 | 19 | 19 | 13 | 38 |
| Investments | 23 | 27 | 211 | 282 | 394 | 264 | 365 | 547 | 625 | 984 | 1,085 | 1,126 |
| Other Assets | 204 | 227 | 216 | 220 | 272 | 287 | 340 | 492 | 421 | 365 | 364 | 465 |
| Total Assets | 387 | 421 | 619 | 728 | 916 | 937 | 1,111 | 1,487 | 1,493 | 1,795 | 1,920 | 2,105 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 44 | 46 | 31 | 119 | 135 | 110 | 91 | 109 | 125 | 72 | 62 | 53 |
| Investing | -27 | -27 | 16 | -45 | -111 | -61 | -53 | -104 | -118 | -51 | -41 | -25 |
| Financing | -23 | -17 | -48 | -73 | -24 | -31 | -17 | -17 | -35 | -17 | -16 | -27 |
| Net Cash Flow | -6 | 1 | -1 | 1 | 0 | 17 | 21 | -12 | -27 | 4 | 4 | 1 |
| Free Cash Flow | 13 | 21 | -6 | 67 | 90 | 44 | 43 | 35 | 94 | 41 | 19 | -25 |
| CFO/OP | 75 | 104 | 108 | 116 | 85 | 105 | 94 | 68 | 120 | 314 | 52 | 63 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 103 | 95 | 76 | 70 | 78 | 84 | 62 | 52 | 82 | 81 | 87 |
| Inventory Days | 103 | 99 | 86 | 79 | 75 | 90 | 71 | 103 | 78 | 80 | 70 | 81 |
| Days Payable | 84 | 112 | 98 | 123 | 108 | 122 | 126 | 112 | 64 | 139 | 86 | 94 |
| Cash Conversion Cycle | 99 | 90 | 83 | 32 | 36 | 46 | 29 | 52 | 67 | 23 | 64 | 74 |
| Working Capital Days | 28 | 27 | 42 | 50 | 57 | 49 | 51 | 61 | 61 | 47 | 58 | 64 |
| ROCE % | 24% | 18% | 10% | 22% | 38% | 17% | 13% | 21% | 9% | 2% | 7% | 6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Excel Industries insights
63 extracted metrics + investor summaries across FY11–FY26.
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
11 Sep - CRISIL reaffirmed Excel Industries’ ratings; bank facilities increased to Rs200 crore from Rs149.5 crore. 11 Sep - CRISIL reaffirmed Excel Industries’ ratings; bank facilities increased to Rs200 crore from Rs149.5 crore.
2
Board Meeting Intimation for Notice Of Board Meeting- Regulation 29(1) Of SEBI (LODR) Regulations, 2015
15h - Board meeting on 22 May 2026 to approve audited FY26 results and consider dividend. 15h - Board meeting on 22 May 2026 to approve audited FY26 results and consider dividend.
3
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
20 Apr - Excel Industries confirms it is not a Large Corporate under SEBI debt disclosure norms. 20 Apr - Excel Industries confirms it is not a Large Corporate under SEBI debt disclosure norms.
4
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
12h - Excel Industries confirms it is not a Large Corporate under SEBI debt disclosure norms. 12h - Excel Industries confirms it is not a Large Corporate under SEBI debt disclosure norms.
5
Intimation Of Receipt Of Approval For Reclassification Application Of Promoter Under Regulation 31A Of SEBI (LODR) Regulations, 2015
17 Apr - NSE and BSE approved Malti Bhatia reclassification from promoter to public holding 104,082 shares. 17 Apr - NSE and BSE approved Malti Bhatia reclassification from promoter to public holding 104,082 shares.
Frequently Asked Questions about Excel Industries
What does Excel Industries Ltd do?
Excel Industries is engaged in manufacturing and selling of Chemicals, Pharma intermediates and Environmental products. [1]
Where is Excel Industries Ltd (EXCELINDUS) listed?
Excel Industries Ltd trades as EXCELINDUS on the NSE and under code 500650 on the BSE.
Which sector does Excel Industries Ltd belong to?
Excel Industries Ltd is classified under the Chemicals sector, in the Specialty Chemicals industry.
What is the market capitalisation of Excel Industries Ltd?
Excel Industries Ltd has a market capitalisation of ₹1,230 Cr, which places it in the Small Cap band.
What is the PE ratio of Excel Industries Ltd?
Excel Industries Ltd trades at a PE ratio of 17.27, on earnings per share of ₹33.53, against a book value of ₹1,354.74 per share.
What is the 52-week high and low of Excel Industries Ltd?
Over the last 52 weeks Excel Industries Ltd has traded between ₹800.05 and ₹1,210.
Does Excel Industries Ltd pay dividends?
Excel Industries Ltd has a dividend yield of 1.39%.
What is the Return on Equity (ROE) of Excel Industries Ltd?
Excel Industries Ltd reported a return on equity of 4.44%. Its debt-to-equity ratio is 0.00.
Company Information
Excel Industries is engaged in manufacturing and selling of Chemicals, Pharma intermediates and Environmental products. [1]
Website excelind.co.in
CEO Mr. Ashwin Champraj Shroff B.Sc
Employees 1,112
Listed 2004-06-16
Face Value ₹ 5
Issued Size 1,25,70,692
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/EXCELINDUS.md for Excel Industries Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.