Excel Industries

Mumbai, India Founded: 1960 • Age: 66 yrs Listed
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About Excel Industries

Excel Industries is a publicly listed company based in Mumbai (India) founded in 1960. Limited information available. The company has 898 employees. Its Indian entity Excel Industries Limited reported revenue of ₹1,122 Cr.

Company details

Excel Industries offers Excel Industries Platform while focusing on limited information available. Limited information available. Delivering reliable solutions, it emphasizes quality and efficiency. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.

  • Headquarters Mumbai, India
  • Employees 898
  • Stage Public
  • Website excelind.com
  • Legal Name Excel Industries Ltd
  • Date of Incorporation 05 Sep, 1960
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Market Cap
    ₹1,079 Cr

    EXCELINDUS · NSE

  • Share Price
    ₹836.65

    -2.51% today

  • Revenue
    ₹1,095 Cr

    FY 2025-26 · +11.9% YoY

  • EBITDA
    ₹111 Cr

    Margin 10.2%

  • Net Profit
    ₹75.98 Cr

    FY 2025-26 · +2.2% YoY

  • P/E (TTM)
    15.3x

    P/B 0.6x

  • ROE
    4.6%

    ROCE 6.1%

  • Debt / Equity
    0.01

    Interest cover 5.5x

  • Employee Count
    898

Board of directors of Excel Industries Limited (Excel Industries)

Excel Industries Limited is the primary company behind Excel Industries. The board of Excel Industries Limited currently have 9 directors; the longest-serving is Ashwin Champraj Shroff, appointed in 2010. 27 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashwin Champraj Shroff
DIN 00019952
Whole-time director01 Feb 201016 yrs 8 moExcel Industries Limited
Meena Amar Galliara
DIN 07118699
Director27 Jun 20197 yrs 3 moExcel Industries Limited
Hrishit Ashwin Shroff
DIN 00033693
Whole-time director27 Jun 20197 yrs 3 moExcel Industries Limited
Ravi Ashwin Shroff
DIN 00033505
Managing Director03 Sep 20197 yrs 1 moExcel Industries Limited
Ninad Dwarkanath Gupte
DIN 00027523
Director13 Aug 20242 yrs 2 moExcel Industries Limited
Rajesh Rama Varma
DIN 01034325
Director13 Aug 20242 yrs 2 moExcel Industries Limited
Shekhar Shreedhar Khanolkar
DIN 02202839
Director13 Aug 20242 yrs 2 moExcel Industries Limited
Vihang Ajit Virkar
DIN 02661057
Director13 Aug 20242 yrs 2 moExcel Industries Limited
Mahtabuzzaman
DIN 11635001
Additional Director22 May 20265 moExcel Industries Limited

IPO & Listings of Excel Industries

Excel Industries is a publicly listed company on the NSE with ticker symbol EXCELINDUS in India, operating in the Agro Chemicals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: EXCELINDUS
  • Listed entityExcel Industries Limited
  • Exchange sectorAgro Chemicals

Financials of Excel Industries

Exchange-reported figures of Excel Industries Limited, the listed company behind Excel Industries (NSE: EXCELINDUS).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,095 Cr
+11.9% YoY
EBITDA
₹111 Cr
-7.4% YoY
Profit After Tax
₹75.98 Cr
+2.2% YoY
Net Worth
₹1,703 Cr
+7.2% YoY
Total Assets
₹1,725 Cr
+6.8% YoY
Total Debt
₹7.88 Cr
-35.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,0959788261,0901,178749702
Revenue growth+11.9%+18.4%-24.2%-7.5%+57.2%+6.7%-
EBITDA11112024.09128232122131
EBITDA margin+10.2%+12.3%+2.9%+11.7%+19.7%+16.2%+18.6%
Profit before tax97.8111322.66106213101115
Net profit75.9874.3213.3080.2816170.4196.13
Net profit margin+6.9%+7.6%+1.6%+7.4%+13.7%+9.4%+13.7%
EPS (₹)60.1967.8713.5363.59128.2456.5576.43
Balance sheet
Total assets1,7251,6151,4421,2581,171873747
Net worth1,7031,5891,4271,2421,149852701
Total debt7.8812.281.782.677.418.6024.12
Cash & bank18.3916.2612.4386.9467.9852.0622.42
Net working capital214181118269270162139
Cash flow
Cash from operations52.9061.8272.3712510990.86110
Cash from investing(25.09)(41.29)(51.23)(118)(104)(52.60)(61.38)
Cash from financing(26.97)(16.07)(16.93)(34.58)(16.89)(16.83)(31.46)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue294281234270310248196269
Revenue growth (YoY)-5.1%+13.5%+18.9%+0.5%+16.8%---
Other income6.712.575.117.4412.215.745.158.04
EBITDA42.4121.9915.7429.9142.2119.5612.0848.97
EBITDA margin+14.4%+7.8%+6.7%+11.1%+13.6%+7.9%+6.2%+18.2%
Depreciation9.639.649.199.138.958.768.538.67
Interest0.590.250.450.751.010.260.281.21
Profit before tax38.9014.6711.2127.4744.4616.288.4247.13
Tax9.432.372.786.2810.703.892.2111.44
Net profit29.4712.308.4321.1933.7612.396.2135.69
EPS (₹)23.449.776.7116.8526.869.874.9328.39
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,0949788261,0901,178749702
Revenue growth+11.9%+18.4%-24.2%-7.5%+57.2%+6.7%-
EBITDA11212225.24128232122131
EBITDA margin+10.2%+12.5%+3.1%+11.8%+19.7%+16.2%+18.6%
Profit before tax95.1211120.2110421299.71112
Net profit73.6874.3211.4078.7916069.5193.54
Net profit margin+6.7%+7.6%+1.4%+7.2%+13.6%+9.3%+13.3%
EPS (₹)58.3966.4212.0262.41127.4155.8474.36
Balance sheet
Total assets1,2431,2041,0911,008954737647
Net worth1,2211,1771,076992933716601
Total debt7.8812.281.782.677.418.6024.12
Cash & bank15.2112.8711.8286.4665.9051.6518.31
Net working capital211177141267267161133
Cash flow
Cash from operations54.1763.4573.4312710990.15110
Cash from investing(26.14)(45.69)(52.41)(117)(106)(48.18)(65.00)
Cash from financing(26.97)(16.07)(16.93)(34.57)(16.88)(16.83)(31.45)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue294281233270309248196269
Revenue growth (YoY)-5.1%+13.4%+18.9%+0.5%+16.8%---
Other income6.172.874.864.2211.794.405.075.90
Total expenses251259218240267228184220
EBITDA42.4422.0515.9230.1142.3319.8212.3349.26
EBITDA margin+14.4%+7.8%+6.8%+11.1%+13.7%+8.0%+6.3%+18.3%
Depreciation9.559.569.109.048.878.688.468.60
Interest0.590.250.450.751.010.260.281.21
Profit before tax38.4715.1111.2324.5444.2415.288.6645.35
Tax9.372.412.825.8110.683.912.2611.10

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue294281234270310248196269
Revenue growth (YoY)-5.1%+13.5%+18.9%+0.5%+16.8%---
Other income6.712.575.117.4412.215.745.158.04
EBITDA42.4121.9915.7429.9142.2119.5612.0848.97
EBITDA margin+14.4%+7.8%+6.7%+11.1%+13.6%+7.9%+6.2%+18.2%
Depreciation9.639.649.199.138.958.768.538.67
Interest0.590.250.450.751.010.260.281.21
Profit before tax38.9014.6711.2127.4744.4616.288.4247.13
Tax9.432.372.786.2810.703.892.2111.44
Net profit29.4712.308.4321.1933.7612.396.2135.69
EPS (₹)23.449.776.7116.8526.869.874.9328.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,0959788261,0901,178749702
Revenue growth+11.9%+18.4%-24.2%-7.5%+57.2%+6.7%-
Other income27.3330.2233.0012.8715.649.4110.84
Total expenses983858802962946628572
Employee cost13312210510510689.3884.61
EBITDA11112024.09128232122131
EBITDA margin+10.2%+12.3%+2.9%+11.7%+19.7%+16.2%+18.6%
Depreciation36.9034.0731.4331.3630.6627.1522.78
Interest4.063.573.003.403.073.023.80
Profit before tax97.8111322.66106213101115
Tax22.1327.625.6525.8352.2529.7218.83
Net profit75.9874.3213.3080.2816170.4196.13
Net profit margin+6.9%+7.6%+1.6%+7.4%+13.7%+9.4%+13.7%
EPS (₹)60.1967.8713.5363.59128.2456.5576.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.296.296.296.296.296.296.29
Reserves & surplus1,6971,5821,4211,2351,143845695
Shareholders' funds (net worth)1,7031,5891,4271,2421,149852701
Minority interest0.000.000.000.000.000.000.00
Secured loans0.090.050.000.890.040.1812.45
Unsecured loans7.7912.231.781.787.378.4211.67
Total debt7.8812.281.782.677.418.6024.12
Total liabilities1,7251,6151,4421,2581,171873747
Assets
Gross block702657600578550482444
Net block476459428428427389376
Capital work in progress37.9312.7518.5219.3121.2016.859.55
Investments1,1261,085984625547365264
Inventories12994.0510613116568.9777.72
Sundry debtors261216185157199173150
Cash & bank balances18.3916.2612.4386.9467.9852.0622.42
Loans & advances26.7818.3117.2616.1134.1019.7715.71
Total current assets436345321391467313266
Total current liabilities221164203122197151127
Net working capital214181118269270162139
Total assets1,7251,6151,4421,2581,171873747
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.257.793.5730.3142.3520.923.59
Net cash from operating activities52.9061.8272.3712510990.86110
Net cash from investing activities(25.09)(41.29)(51.23)(118)(104)(52.60)(61.38)
Net cash from financing activities(26.97)(16.07)(16.93)(34.58)(16.89)(16.83)(31.46)
Net change in cash0.844.464.21(26.74)(12.04)21.4217.33
Closing cash18.3916.2612.4386.9467.9852.0622.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.9%+18.4%-24.2%-7.5%+57.2%+6.7%-
EBITDA growth-7.4%+399.6%-81.1%-44.9%+90.4%-6.9%-
PBT growth-13.4%+398.4%-78.6%-50.4%+111.7%-12.3%-51.0%
Net income growth+2.2%+458.8%-83.4%-50.2%+128.8%-26.8%-
Revenue CAGR (3Y)+0.1%-6.0%+3.3%+15.8%+12.6%+7.8%+15.0%
EBITDA CAGR (3Y)-4.4%-19.6%-41.7%-0.8%-2.5%-0.6%+44.9%
Profitability & leverage
Net income margin+6.9%+8.7%+2.1%+7.3%+13.7%+9.5%+13.7%
Return on capital employed+6.1%+7.6%+1.6%+9.0%+21.2%+12.8%+16.2%
Return on net worth+4.6%+5.7%+1.0%+6.7%+16.1%+9.2%+13.7%
Debt / equity0.010.000.000.000.010.020.02
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover5.454.14-40.873.531.533.203.52
Efficiency & per share
Fixed asset turnover1.611.561.401.932.281.621.92
Inventory turnover9.809.766.957.3510.0610.229.59
Debtors turnover4.594.884.846.136.344.654.56
EPS (₹)60.1967.8713.5363.59128.2456.5576.43
Dividend per share (₹)13.7013.755.5011.2522.5011.2510.00
Book value per share (₹)1,354.751,263.841,135.23987.82914.32677.41557.56
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue294281233270309248196269
Revenue growth (YoY)-5.1%+13.4%+18.9%+0.5%+16.8%---
Other income6.172.874.864.2211.794.405.075.90
Total expenses251259218240267228184220
EBITDA42.4422.0515.9230.1142.3319.8212.3349.26
EBITDA margin+14.4%+7.8%+6.8%+11.1%+13.7%+8.0%+6.3%+18.3%
Depreciation9.559.569.109.048.878.688.468.60
Interest0.590.250.450.751.010.260.281.21
Profit before tax38.4715.1111.2324.5444.2415.288.6645.35
Tax9.372.412.825.8110.683.912.2611.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,0949788261,0901,178749702
Revenue growth+11.9%+18.4%-24.2%-7.5%+57.2%+6.7%-
Other income23.7426.4829.3510.5614.218.268.08
Total expenses982856801962946628572
Employee cost13312210510510689.3884.61
EBITDA11212225.24128232122131
EBITDA margin+10.2%+12.5%+3.1%+11.8%+19.7%+16.2%+18.6%
Depreciation36.5833.7831.4231.3630.6627.1522.78
Interest4.063.572.963.393.063.023.79
Profit before tax95.1211120.2110421299.71112
Tax21.7227.415.0925.5051.9429.5118.73
Net profit73.6874.3211.4078.7916069.5193.54
Net profit margin+6.7%+7.6%+1.4%+7.2%+13.6%+9.3%+13.3%
EPS (₹)58.3966.4212.0262.41127.4155.8474.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.296.296.296.296.296.296.29
Reserves & surplus1,2151,1711,069985926710595
Shareholders' funds (net worth)1,2211,1771,076992933716601
Secured loans0.090.050.000.890.040.1812.45
Unsecured loans7.7912.231.781.787.378.4211.67
Total debt7.8812.281.782.677.418.6024.12
Total liabilities1,2431,2041,0911,008954737647
Assets
Gross block698653596578550482444
Net block472455424428427389376
Capital work in progress37.9312.7518.5219.3121.2016.859.55
Investments589635583359295209156
Inventories12993.9910613116568.9777.72
Sundry debtors261216185157199173150
Cash & bank balances15.2112.8711.8286.4665.9051.6518.31
Loans & advances26.5116.9838.9014.3833.0718.7513.79
Total current assets432340342389463312260
Total current liabilities221163201122197151126
Net working capital211177141267267161133
Total assets1,2431,2041,0911,008954737647
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash9.067.363.2728.4042.1016.973.05
Net cash from operating activities54.1763.4573.4312710990.15110
Net cash from investing activities(26.14)(45.69)(52.41)(117)(106)(48.18)(65.00)
Net cash from financing activities(26.97)(16.07)(16.93)(34.57)(16.88)(16.83)(31.45)
Net change in cash1.061.694.09(25.13)(13.70)25.1413.92
Closing cash15.2112.8711.8286.4665.9051.6518.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.9%+18.4%-24.2%-7.5%+57.2%+6.7%-
EBITDA growth-8.0%+382.5%-80.3%-44.7%+90.4%-6.9%-
PBT growth-14.2%+448.7%-80.6%-51.0%+112.7%-11.1%-51.8%
Net income growth-0.9%+551.9%-85.5%-50.9%+130.7%-25.7%-
Revenue CAGR (3Y)+0.1%-6.0%+3.3%+15.8%+12.6%+8.8%+16.4%
EBITDA CAGR (3Y)-4.4%-19.3%-40.8%-0.7%-2.5%-0.6%+45.0%
Profitability & leverage
Net income margin+6.7%+8.5%+1.8%+7.2%+13.6%+9.4%+13.3%
Return on capital employed+8.1%+10.0%+1.8%+10.9%+25.4%+14.8%+18.5%
Return on net worth+6.1%+7.4%+1.1%+8.2%+19.4%+10.7%+15.7%
Debt / equity0.010.010.000.010.010.020.03
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover5.384.06-47.903.501.523.203.51
Efficiency & per share
Fixed asset turnover1.621.571.411.932.281.621.94
Inventory turnover9.809.766.957.3510.0610.229.77
Debtors turnover4.594.884.846.136.344.654.63
EPS (₹)58.3966.4212.0262.41127.4155.8474.36
Dividend per share (₹)13.7513.755.5011.2522.5011.2510.00
Book value per share (₹)971.51936.46855.74788.92741.99569.47478.22
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Related news about Excel Industries

Excel Industries consolidated net profit declines 12.71% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 2 months ago
Excel Industries June-Quarter Consol Profit 294.7 Million Rupees
Reuters • 2 months ago
Excel Industries To Commission 1265 Mtpa Specialty Chemical Facility At Lote Site
Reuters • 3 months ago
Excel Industries Ltd Dec-Quarter Consol Pat 84.4 Million Rupees
Reuters • 8 months ago
Sona India Investments acquires stake in eClerx Services, Force Motors, Triveni Engineering, Excel Industries from Point Break Capital
Moneycontrol • 9 months ago
Excel Industries Ltd - Enters Long-Term Supply Arrangement With Indian Specialty Chemicals Company
Reuters • 11 months ago
Excel Industries Sept-Quarter Consol PAT 211.9 Million Rupees
Reuters • 11 months ago
Excel Industries consolidated net profit rises 8.83% in the June 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
Excel Industries Posts June Quarter Consol PAT 337.6 Million Rupees
Reuters • 1 year ago
Excel Industries March-Qtr Consol PAT 124.1 Million Rupees
Reuters • 1 year ago
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Frequently Asked Questions about Excel Industries

Excel Industries was founded in 1960.

Excel Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Excel Industries has 898 employees.

The primary company behind Excel Industries, Excel Industries Limited, reported revenue of ₹1,122 Cr for FY 2026, up 12% year on year.

Excel Industries offers Excel Industries Platform while focusing on limited information available. Limited information available. Delivering reliable solutions, it emphasizes quality and efficiency. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.

Yes, Excel Industries is publicly traded on NSE under the ticker symbol EXCELINDUS.

Excel Industries operates through Excel Industries Limited.

The legal entities of Excel Industries currently have 11 directors, including Ashwin Champraj Shroff, Ravi Ashwin Shroff, Meena Amar Galliara and others.

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