Excel Industries Limited - Company Profile

Q: Who are the current directors of Excel Industries Limited?

The current directors of Excel Industries Limited are Devendra Parasmal Dosi, Surendra Kumar Singhvi, Ashwin Champraj Shroff, Meena Amar Galliara, Dinesh Kumar Bhagat, Shekhar Shreedhar Khanolkar, Ravi Ashwin Shroff, Hrishit Ashwin Shroff, Sk Singhvi, Ninad Dwarkanath Gupte, Rajesh Rama Varma, Vihang Ajit Virkar, Surendra Kumar Singhvi.

It is a chemicals public limited company based in Mumbai, Maharashtra, India, established in 1960.

1960 Mumbai, Maharashtra, India Active

Last Updated: January 10, 2026

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About Excel Industries Limited

Excel Industries Limited, a active public limited company, was established on 05 September 1960 in Mumbai, Maharashtra, India. Engaging in chemical products within the manufacturing sector, it holds CIN: L24200MH1960PLC011807. Registered under ROC Roc Mumbai. it is listed on BSE: 500650 and NSE: EXCELINDUS. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹6.29 Cr.

Formerly known as Excel Industries Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,100.38 Cr and a net worth of ₹991.72 Cr. Employing 898 professional, Its leadership includes Devendra Parasmal Dosi (Cfo), Surendra Kumar Singhvi (Nodal Officer), Ashwin Champraj Shroff (Whole-Time Director). Past directors included Atul Shroff Govindji, Ashwin Champraj Shroff, Anthony Demetrius Mango. It holds ₹220.00 Cr open charges and ₹449.44 Cr settled loans. Its latest AGM occurred on 21 August 2025, with the balance sheet filed on 31 March 2025. It is based at 184-187Swami Vivekanand Road Jogeshwari (West), Mumbai, Maharashtra, 400102.

Company Details

CIN/LLPIN
L24200MH1960PLC011807
Registration Number
011807
Incorporation Date
05 September 1960
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹6.29 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 500650, NSE: EXCELINDUS)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 10-01-2026
Paid Up Capital ₹ 6.29 Cr as on 10-01-2026
Company Age 65 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 220.00 Cr as on 10-01-2026
Satisfied Charges ₹ 449.44 Cr as on 10-01-2026
Revenue Growth **** -7.70% (FY 2023)
Profit Growth **** -51.02% (FY 2023)
Ebitda **** -44.93% (FY 2023)
Net Worth 6.32% (FY 2023)
Total Assets -0.57% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Excel Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Excel Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Devendra Parasmal Dosi	Cfo	08 Feb 2018	Current
Surendra Kumar Singhvi	Nodal Officer	26 Aug 2019	Current
Ashwin Champraj Shroff	Whole-Time Director	01 Feb 2010	Current
Meena Amar Galliara	Director	27 Jun 2019	Current
Dinesh Kumar Bhagat	Nominee Director	24 Mar 2023	Current
Shekhar Shreedhar Khanolkar	Director	13 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	08 Oct 2024	Past
Pramod Abcsdd	Managing Director	03 Sep 2019	Past
Pramod Abcsdd	Director	28 May 2008	Past
Pramod Abcsdd	Whole-Time Director	02 Sep 2014	Past
Pramod Abcsdd	Additional Director	13 Aug 2019	Past
Pramod Abcsdd	Additional Director	25 Sep 2020	Past

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Financial Performance of Excel Industries.

Excel Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.7% decrease. The company also saw a substantial fall in profitability, with a 51.02% decrease in profit. The company's net worth moved up by a moderate rise of 6.32%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-7.70%

*******

Revenue from Operations

*******

-7.49%

*******

Total Assets

*******

-0.57%

*******

Profit or Loss

*******

-51.02%

*******

Net Worth

*******

6.32%

*******

EBITDA

*******

-44.93%

*******

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What is the Ownership and Shareholding Structure of Excel Industries?

In 2023, Excel Industries had a promoter holding of 52.22% and a public holding of 47.78%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,200,000,000.00

Satisfied Charges

₹4,494,400,000.00

Charges Breakdown by Lending Institutions

Bank Of India : 220.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Jun 2016	Bank Of India	₹110.00 Cr	Open
13 Jun 2001	Bank Of India	₹110.00 Cr	Open
30 Mar 2021	Axis Bank Limited	₹8.50 M	Satisfied
05 Jul 2016	Others	₹5.00 Cr	Satisfied
28 Jan 2014	Bank Of India	₹10.00 Cr	Satisfied

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How Many Employees Work at Excel Industries?

Excel Industries has a workforce of 898 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Excel Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Excel Industries's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Excel Industries

Recent Activity within the Organization

Annual General Meeting

Progress on Excel Industries Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records. was documented.
21 Aug 2025
Balance Sheet

The activity Excel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Shekhar Shreedhar Khanolkar was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
13 Aug 2024
Director Appointment

Ninad Dwarkanath Gupte was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
13 Aug 2024
Director Appointment

Rajesh Rama Varma was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
13 Aug 2024
Director Appointment

Progress on Vihang Ajit Virkar was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
13 Aug 2024

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