Excel Industries
- Market cap
- ₹ 1,052 Cr.
- P/E
- 15.7x
- P/B
- 0.63x
- 52-week range
- 800.05 – 1,148.55
- ROE
- 5%
- ROCE
- 6%
- Dividend yield
- 1.6%
- Debt / equity
- 0
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Excel Industries Limited is an India-based company, which is engaged in chemicals, and environmental and biotech products and services. The Company’s segments include Chemicals and Environment and Biotech. Its Chemicals segment comprises the manufacture of specialty chemicals, intermediates and actives catering to various end user segments like agrochemicals, water treatment, soaps and detergents, lube oil additives, mining chemicals, polymer additives and pharmaceuticals. Its Environment and Biotech segment comprises organic waste management composting, municipal solid waste management, plastic waste management and construction and demolition waste management. It is also engaged in manufacturing activity on behalf of third parties. It manufactures agrochemical intermediates, such as P2S5, PSCl3, DETC, DMTC, DMPAT, NaTCP and others. It manufactures specialty chemicals, such as HEDP, ATMP, DTPMP, acetyl chloride, specialty mining additives, and phenolic and non-phenolic biocides.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Excel Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)15.7 against a typical 26.3: cheaper than most peers (1st = cheapest).41st of 129
- Sales growth−5.2% against a typical +25.9% from a year earlier.103rd of 112
- Profit growth−14.7% against a typical +42.4% from a year earlier.81st of 102
- Share price, 3 months−11% against a typical −5.8%.82nd of 118
- Size₹ 1,051.6 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).44th of 126
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 10 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Sep 2026 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 200 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 22 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 3 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 8 Aug 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2025 |
| 14 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 198 | 180 | 234 | 265 | 269 | 196 | 248 | 310 | 270 | 234 | 281 | 294 |
| Expenses | 195 | 179 | 221 | 226 | 220 | 184 | 228 | 267 | 240 | 218 | 259 | 251 |
| Operating Profit | 3 | 1 | 12 | 39 | 49 | 12 | 20 | 42 | 30 | 16 | 22 | 42 |
| OPM % | 1.3% | 0.8% | 5% | 15% | 18% | 6% | 8% | 14% | 11% | 7% | 8% | 14% |
| Other Income | 7 | 11 | 5 | 11 | 8 | 5 | 6 | 12 | 7 | 5 | 3 | 7 |
| Interest | 0 | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
| Depreciation | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 10 | 10 |
| Profit before tax | 2 | 4 | 9 | 41 | 47 | 8 | 16 | 44 | 27 | 11 | 15 | 39 |
| Tax % | 9% | 34% | 25% | 25% | 24% | 26% | 24% | 24% | 23% | 25% | 16% | 24% |
| Net Profit | 2 | 3 | 7 | 31 | 36 | 6 | 12 | 34 | 21 | 8 | 12 | 29 |
| EPS in Rs | 1.42 | 2.13 | 5.31 | 24.68 | 28.38 | 4.93 | 9.87 | 26.86 | 16.86 | 6.71 | 9.77 | 23.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 8%
- 3 Years
- 0%
- TTM
- 5%
- 10 Years
- 11%
- 5 Years
- 1%
- 3 Years
- −2%
- TTM
- −19%
- 10 Years
- 14%
- 5 Years
- 1%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 6%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Excel Industries | ₹ 882.60 | ₹ 1,052 Cr. | 15.7x | 0.6x | 5% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Ashwin Champraj Shroff
- Executive Chairman of the Board
- Praedep Ghatt
- President, Chief Operating Officer
- Devendra Dosi
- Chief Financial Officer
- Surendra Kumar Singhvi
- Compliance Officer, Company Secretary
- Neha Tiwari
- Vice President - Human Resources
- Ravi Ashwin Shroff
- Managing Director, Executive Director
- Kapil Kashiv
- General Manager Strategy
- Hrishit Ashwin Shroff
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.