Excel Industries Limited

Chemicals · Chemicals & Petrochemicals

NSE: EXCELINDUS BSE: 500650

₹945.20

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. This company ranks #81 of 221. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Solar Industries India Limited	178,265	137.1	26.5%	47.3%	—	95	7	50
Pidilite Industries Limited	149,114	58.1	22.4%	-0.7%	0.78%	91	0	27
SRF Limited	73,291	38.7	13.1%	-14.9%	0.40%	73	8	14
Linde India Limited	53,925	98.3	12.9%	0.9%	0.06%	74	0	50
Gujarat Fluorochemicals Limited	48,392	69.5	7.3%	18.6%	0.07%	75	0	30
Navin Fluorine International Limited	42,290	74.7	16.7%	78.1%	—	83	33	48
Himadri Speciality Chemical Limited	34,198	43.0	15.9%	51.2%	0.12%	84	25	67
Aether Industries Limited	22,552	123.9	8.9%	125.9%	—	81	0	85
Excel Industries Limited (this stock)	1,188	17.2	3.9%	-16.4%	1.45%	69	86	30

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹1,178 Cr

EV / EBITDA

9.2x

EV / Sales

1.09x

Market cap / Sales

1.10x

Earnings yield

5.80%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 300 Cr, down 6.6% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 29 Cr, down 13.3% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	294	38	29	₹23.1600
March 31, 2026	281	15	13	₹10.1100
Dec. 31, 2025	233	11	8	₹6.6800
Sept. 30, 2025	270	25	—	₹14.9000
June 30, 2025	309	44	34	₹26.7000
March 31, 2025	248	15	11	₹9.0500
Dec. 31, 2024	196	9	6	₹
Sept. 30, 2024	269	45	34	₹27.2400
June 30, 2024	265	42	31	₹25.0400
March 31, 2024	234	10	7	₹5.8100
Dec. 31, 2023	180	4	3	₹2.2600
Sept. 30, 2023	198	-1	-1	₹-0.5100
June 30, 2023	214	7	6	₹4.4600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	300	284	238	274	321	252	275	276	238	191	202	223	229
Operating revenue	294	281	233	270	309	248	269	265	234	180	198	214	226
Other income	6	3	5	4	12	4	6	11	5	11	4	9	3
Operating expenses	251	259	218	240	267	228	220	226	221	179	195	206	215
Operating profit	42	22	16	30	42	20	49	39	13	2	3	8	11
Operating profit margin	14.4%	7.8%	6.8%	11.1%	13.7%	8.0%	18.3%	14.8%	5.5%	1.0%	1.4%	3.6%	4.9%
Depreciation	10	10	9	9	9	9	9	8	8	8	8	9	8
Interest	1	0	0	1	1	0	1	1	0	1	0	1	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	38	15	11	25	44	15	45	42	10	4	-1	7	5
Tax	9	2	3	6	11	4	11	10	2	1	-0	2	3
Net profit	29	—	8	—	34	11	34	31	7	3	-1	6	2
EPS	23.16	10.11	6.68	14.90	26.70	9.05	27.24	25.04	5.81	2.26	-0.51	4.46	1.87
Net profit (TTM)	—	—	—	—	111	84	76	41	15	10	26	47	78
EPS (TTM)	54.85	58.39	57.33	77.89	88.03	67.14	60.35	32.60	12.02	8.08	20.73	37.38	62.41

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,094	95	73
March 31, 2025	978	111	83
March 31, 2024	826	20	15
March 31, 2023	1,090	104	78

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	0.5%	8.1%	1,118^†	—	855^†	1,100^†	1,192^†	758^†	711^†	810^†	599^†	466^†
Operating revenue	0.1%	7.9%	1,094	978	826	1,090	1,178^†	749^†	702^†	806^†	594^†	458^†
Other income	—	—	24^†	—	29^†	11^†	14^†	8^†	8^†	4^†	5^†	8^†
Operating expenses	—	—	984^†	—	801^†	963^†	948^†	629^†	573^†	558^†	472^†	407^†
Operating profit	-4.5%	-1.8%	110^†	—	25^†	127^†	230^†	121^†	129^†	248^†	122^†	51^†
Operating profit margin	—	—	10.1%^†	—	3.0%^†	11.6%^†	19.6%^†	16.1%^†	18.4%^†	30.8%^†	20.6%^†	11.2%^†
Depreciation	—	—	37^†	—	32^†	31^†	31^†	27^†	23^†	18^†	15^†	14^†
Interest	—	—	2^†	—	2^†	2^†	2^†	2^†	3^†	2^†	6^†	11^†
Exceptional items, gain / (loss)	—	—	0^†	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†	27^†
Profit before tax	-2.9%	-0.9%	95	111	20	104	212^†	100^†	112^†	233^†	106^†	52^†
Tax	—	—	22^†	—	5^†	26^†	52^†	30^†	19^†	81^†	33^†	6^†
Net profit	-2.2%	0.9%	73	83	15	78	160^†	70^†	93^†	—	—	—
EPS	-2.2%	0.9%	58.39^†	—	12.02^†	62.41^†	127.40^†	55.84^†	74.36^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	10.1%^†	—	3.0%^†	11.6%^†	19.6%^†	16.1%^†	18.4%^†	30.8%^†	20.6%^†	11.2%^†
EBIT margin	8.9%^†	—	2.7%^†	9.7%^†	18.2%^†	13.6%^†	16.3%^†	29.2%^†	18.9%^†	13.8%^†
PBT margin	8.7%	11.3%	2.4%	9.5%	18.0%^†	13.3%^†	16.0%^†	28.8%^†	17.9%^†	11.3%^†
Net margin	6.7%	8.5%	1.8%	7.2%	13.6%^†	9.4%^†	13.3%^†	—	—	—
Interest coverage	39.56x^†	—	11.98x^†	48.97x^†	111.25x^†	46.83x^†	44.97x^†	96.47x^†	18.39x^†	5.55x^†
Dividend payout	23.5%^†	—	93.6%^†	36.1%^†	8.8%^†	0.0%^†	38.7%^†	—	—	—
Earnings retention	76.5%^†	—	6.4%^†	63.9%^†	91.2%^†	100.0%^†	61.3%^†	—	—	—
Current ratio	2.46x	3.14x	—	—	—	—	—	—	—	—
Quick ratio	1.89x	2.60x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	6.0%	7.1%	—	—	—	—	—	—	—	—
Return on assets	4.7%	5.7%	—	—	—	—	—	—	—	—
Return on capital employed	7.3%^†	—	—	—	—	—	—	—	—	—
Asset turnover	0.70x	0.67x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	54	-26	-27	79	-25
March 31, 2025	63	-46	-16	38	25
March 31, 2024	73	-52	-17	30	43
March 31, 2023	127	-117	-35	32	94
March 31, 2022	109	-106	-17	74	35

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,560	1,221	1,215	0	0	555	225	10	434	129
March 31, 2025	1,461	1,177	1,171	0	0	544	173	9	419	94
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.