Excel Industries Ltd

NSE: EXCELINDUS · Specialty Chemicals · sector

₹844.95NSE close 2026-10-26

Key numbers

Market cap₹1,062 cr

Price₹844.95

52w high / low₹1,155 / ₹800

P/E14.9xSector median 22.6x

P/B0.6xSector median 2.6x

Book value₹1,354.8

Dividend yield1.62%Sector median 0.60%

ROE4.3%Sector median 10.6%

ROCE5.5%Sector median 12.9%

OPM10.2%Sector median 12.1%

Debt / equity0.00xSector median 0.18x

EV/EBITDA8.3xSector median 15.1x

Interest cover46.1x

Current ratio2.49x

Sales growth 3y+0.1%Sector median +5.0%

Profit growth 3y-1.8%Sector median +0.9%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹145 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating profit covered interest 46.1x in the last 12 months.
No promoter shares are pledged.
Promoter holding fell by 0.82 percentage points in a year, to 51.86% (2026-09-30).
Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY22).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 31% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹844.95 on 2026-10-26: -26.8% from the 52-week high, +5.6% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹1,615.95 · low ₹834.85

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	269	196	248	310	270	234	281	294
EBITDA	49	12	20	42	30	16	22	42
OPM %	18.2%	6.2%	7.9%	13.6%	11.1%	6.7%	7.8%	14.4%
Other income	8	5	6	12	7	5	3	7
Net profit	36	6	12	34	21	8	12	29
EPS (₹)	28.39	4.93	9.87	26.86	16.85	6.71	9.77	23.44
Revenue YoY					+0.5%	+18.9%	+13.5%	-5.1%
Profit YoY					-40.6%	+36.1%	-1.0%	-12.7%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	1,178	1,090	826	978	1,095	1,079
EBITDA	230	126	23	120	110	110
Net profit	161	80	17	85	76	71
EPS (₹)	128.24	63.59	5.31	67.87	60.19	56.77
Revenue growth		-7.5%	-24.2%	+18.4%	+11.9%	+5.5%
Profit growth		-50.4%	-78.7%	+401.5%	-11.3%	-18.9%
Dividend / share (₹)	11.25	22.50	11.25	5.50	13.75

Compounded growth	3 years	5 years	Last 12 months
Sales	+0.1%	+7.9%	+5.5%
Net profit	-1.8%	+1.3%	-18.9%
EPS	-1.8%	+1.3%	–
Share price	–	-23.5% (2y)	-24.3%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	1,242	1,427	1,589	1,703
Borrowings	–	1	0	0	0
Cash & equivalents	–	143	188	226	145
Total assets	–	1,493	1,796	1,920	2,105
Fixed assets	–	408	408	423	438
Capital work in progress	–	19	18	8	38
Investments	–	568	785	875	999
Receivables	–	157	185	216	261
Inventory	–	131	106	94	129
Payables	–	107	185	137	151

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	109	125	72	62	53
Cash from investing	-104	-118	-51	-41	-25
Cash from financing	-17	-35	-17	-16	-27
Capex	74	33	32	44	80
Free cash flow	35	93	40	18	-27

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	6.4%	1.2%	5.4%	4.4%
ROCE %	–	8.7%	1.7%	7.3%	5.9%
Debtor days	–	52	82	81	87
Inventory days	–	76	77	68	78
Payable days	–	62	134	99	91
Cash conversion cycle (days)	–	66	25	50	74
Working capital days	–	115	153	142	112

Shareholding

Holder	% (2026-09-30)
Promoters	51.86%
FIIs	1.67%
DIIs	7.01%
of which Mutual funds	0.01%
of which Insurance	6.69%
Public (non-institutions)	39.47%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	52.57%	52.66%	52.68%	52.68%	52.69%	52.69%	51.86%	51.86%

Promoter group	%
Anshul Specialty Molecules Private Limited	42.92%
Dipkanti Investments And Financing Pvt Ltd	3.24%
Transpek Industry Limited	1.25%
Vibrant Greentech India Private Limited	1.20%
Ashwin Champraj Shroff	0.83%
Vishwa Atul Shroff	0.49%
Ravi Ashwin Shroff	0.41%
Hrishit Ashwin Shroff	0.41%
Shruti Atul Shroff	0.18%
Anshul Amrish Bhatia	0.17%
Preeti Dipesh Shroff	0.16%
Ami Kantisen Shroff	0.16%
Krishni Dipesh Shroff	0.11%
Chetana Praful Saraiya	0.09%
Dayal Hiral Tushar	0.08%

Public holders above 1%	%
Life Insurance Corporation Of India	6.69%
Manohar Devabhaktuni	2.02%
Deep J Master	1.20%
Om Prakash Rawat	1.14%

21,553 shareholders. Pledged: 0.00% of promoter shares.

Peers in Specialty Chemicals

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
PIDILITIND	₹1,50,431 cr	56.8x	13.9x	25.7%	33.4%	24.5%	+7.4%	1.01%
FLUOROCHEM	₹46,168 cr	75.4x	5.9x	8.1%	10.0%	25.6%	-4.2%	0.07%
NAVINFLUOR	₹39,306 cr	49.7x	9.9x	23.9%	22.2%	33.7%	+16.8%	0.18%
DEEPAKNTR	₹19,676 cr	25.1x	3.4x	14.0%	15.3%	15.4%	-0.4%	0.52%
AETHER	₹19,529 cr	82.8x	8.0x	10.1%	11.4%	30.9%	+21.2%	–
ATUL	₹15,762 cr	19.8x	2.5x	11.9%	16.9%	17.9%	+7.9%	0.47%
AARTIIND	₹15,539 cr	29.3x	2.6x	9.2%	8.0%	14.9%	+7.8%	0.24%
FINEORG	₹15,328 cr	35.0x	5.8x	17.7%	21.3%	21.7%	-7.8%	0.22%
BASF	₹13,174 cr	20.5x	3.3x	16.9%	22.0%	5.9%	+3.1%	0.66%
EXCELINDUS	₹1,062 cr	14.9x	0.6x	4.3%	5.5%	10.2%	+0.1%	1.62%

All 107 companies in Specialty Chemicals →

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-17	Dividend	Dividend - Rs 13.75 Per Share
2025-08-14	Dividend	Dividend - Rs 13.75 Per Share
2024-09-12	Dividend	Dividend - Rs 5.50 Per Share
2023-09-07	Dividend	Dividend - Rs 11.25 Per Share
2022-09-15	Dividend	Dividend - Rs 22.50 Per Share
2021-09-16	Dividend	Dividend - Rs 11.25 Per Share
2020-03-19	Dividend	Interim Dividend - Rs 10 Per Share
2019-08-05	Dividend	Dividend - Rs 18.75 Per Share
2018-08-01	Dividend	Annual General Meeting/Dividend- Rs 12.5 Per Share
2017-07-26	Dividend	Annual General Meeting/Dividend - Rs 6/- Per Share
2016-07-14	Dividend	Dividend -Rs 4.50 Per Share
2015-09-03	Dividend	Dividend - Rs 4/- Per Share
2014-11-13	Dividend	Interim Dividend - Rs 3/- Per Share
2014-09-15	Dividend	Dividend-Rs.3.75 Per Share
2013-07-18	Dividend	Annual General Meeting / Dividend - Rs 3/- Per Share
2012-07-12	Dividend	Annual General Meeting /Dividend Rs 2 Per Share
2011-07-14	Dividend	Annual General Meeting/Final Dividend Rs.2.50 Per Share And Special Dividend Rs.1.25 Per Share
2010-07-08	Dividend	Annual General Meeting And Dividend Rs.2/- Per Share
2009-08-14	Other	Agm/Div-Re.0.50 Per Share
2008-08-21	Dividend	Agm/Dividend - 20%

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Chemical and Chemical Products, Pharmaceuticals, Medicinal chemical and botanical products


Sector	Commodities
Industry	Specialty Chemicals
Sub-industry	Specialty Chemicals
Symbol	EXCELINDUS
BSE code	500650
ISIN	INE369A01029
Face value	₹5.0
Incorporated	1960-09-05
Website	https://www.excelind.co.in
Plants (India / abroad)	3 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.