Loading…
Excel Industries (EXCELINDUS)₹975.20−0.64%Specialty Chemicals
In the Jun 2026 quarter (consolidated), Excel Industries reported sales of ₹295 Cr, down 5.2% from Jun 2025, and net profit of ₹29.12 Cr, down 14.7% year on year. For the year to Mar 2026, sales were ₹1,098 Cr and net profit ₹76.29 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 235 | 266 | 270 | 197 | 249 | 311 | 271 | 235 | 282 | 295 |
| Expenses | 196 | 180 | 221 | 227 | 220 | 184 | 229 | 268 | 241 | 218 | 260 | 252 |
| Operating Profit | 2.99 | 0.99 | 11.99 | 38.96 | 48.99 | 11.99 | 19.98 | 41.97 | 29.99 | 15.99 | 21.98 | 42.01 |
| OPM % | 1.3% | 0.8% | 5.0% | 15.0% | 18.0% | 6.0% | 8.0% | 14.0% | 11.0% | 7.0% | 8.0% | 14.0% |
| Other Income | 7.02 | 11.02 | 5.01 | 11.02 | 8.02 | 5.01 | 6.01 | 12.02 | 7.01 | 5.01 | 3.01 | 7.02 |
| Interest | 0.00 | 1.01 | 0.00 | 1.01 | 1.01 | 0.00 | 0.00 | 1.01 | 1.01 | 0.00 | 0.00 | 1.01 |
| Depreciation | 7.97 | 7.98 | 7.97 | 7.97 | 8.97 | 8.98 | 8.98 | 8.97 | 8.98 | 8.98 | 9.97 | 9.97 |
| Profit before tax | 1.99 | 3.98 | 8.97 | 40.85 | 46.84 | 7.97 | 15.95 | 43.88 | 26.89 | 10.96 | 14.96 | 38.84 |
| Tax % | 9.0% | 34.0% | 25.1% | 25.0% | 24.0% | 26.0% | 24.0% | 24.0% | 23.0% | 25.0% | 16.0% | 24.0% |
| Net Profit | 2.01 | 3.01 | 7.02 | 31.14 | 36.15 | 6.02 | 12.04 | 34.13 | 21.08 | 8.03 | 12.05 | 29.12 |
| EPS (Rs) | 1.41 | 2.12 | 5.29 | 24.58 | 28.25 | 4.91 | 9.83 | 26.77 | 16.78 | 6.68 | 9.74 | 23.36 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 449 | 464 | 601 | 828 | 704 | 751 | 1,182 | 1,093 | 828 | 981 | 1,098 | 1,083 |
| Expenses | 386 | 420 | 475 | 576 | 572 | 629 | 948 | 963 | 802 | 859 | 988 | 971 |
| Operating Profit | 62.97 | 44.01 | 125 | 250 | 131 | 122 | 232 | 129 | 24.98 | 121 | 110 | 110 |
| OPM % | 14.0% | 9.0% | 21.0% | 30.0% | 19.0% | 16.0% | 20.0% | 12.0% | 3.0% | 12.0% | 10.0% | 10.2% |
| Other Income | 3.01 | 9.02 | 4.01 | 5.01 | 10.01 | 9.01 | 15.03 | 12.03 | 32.05 | 29.05 | 27.05 | 22.05 |
| Interest | 13.01 | 11.02 | 7.01 | 3.01 | 4.01 | 3.01 | 3.01 | 3.01 | 3.01 | 4.01 | 2.01 | 2.02 |
| Depreciation | 14.94 | 13.96 | 14.95 | 17.94 | 22.91 | 26.90 | 30.93 | 30.89 | 30.89 | 33.91 | 36.88 | 37.90 |
| Profit before tax | 37.89 | 26.93 | 107 | 233 | 115 | 101 | 212 | 106 | 22.91 | 113 | 97.71 | 91.65 |
| Tax % | 31.0% | 26.0% | 31.1% | 34.0% | 16.0% | 29.0% | 24.0% | 24.0% | 25.1% | 24.0% | 23.0% | — |
| Exceptional items | −0.99 | −0.99 | −0.99 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 3.99 | 6.98 | 0.00 | — |
| Net Profit | 26.09 | 20.07 | 74.31 | 154 | 96.40 | 71.29 | 162 | 80.33 | 17.06 | 85.26 | 76.29 | 70.28 |
| EPS (Rs) | 20.11 | 15.87 | 58.55 | 121.67 | 76.17 | 56.29 | 127.74 | 63.37 | 13.48 | 67.55 | 60.00 | 56.56 |
| Dividend payout % | 22.0% | 37.9% | 21.0% | 15.0% | 13.0% | 19.9% | 17.9% | 18.0% | 41.0% | 20.0% | 23.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.99 | 5.99 | 6.00 | 6.01 | 6.00 | 6.00 | 6.01 | 6.00 | 6.00 | 6.01 | 6.00 | 6.00 |
| Reserves | 180 | 203 | 403 | 526 | 692 | 694 | 845 | 1,142 | 1,234 | 1,420 | 1,581 | 1,697 |
| Borrowings | 94.89 | 88.90 | 68.10 | 10.03 | 7.01 | 24.02 | 9.02 | 7.01 | 3.00 | 2.01 | 12.02 | 8.02 |
| Other Liabilities | 105 | 120 | 140 | 185 | 208 | 211 | 250 | 328 | 247 | 365 | 317 | 392 |
| Total Liabilities | 386 | 420 | 618 | 727 | 914 | 935 | 1,109 | 1,485 | 1,490 | 1,792 | 1,918 | 2,103 |
| Fixed Assets | 158 | 164 | 183 | 203 | 238 | 375 | 389 | 426 | 427 | 427 | 459 | 476 |
| CWIP | 3.01 | 3.01 | 8.01 | 23.04 | 12.03 | 10.02 | 17.02 | 21.03 | 19.04 | 19.02 | 13.03 | 38.05 |
| Investments | 22.99 | 26.97 | 211 | 282 | 393 | 264 | 365 | 547 | 624 | 983 | 1,084 | 1,126 |
| Other Assets | 203 | 226 | 215 | 219 | 271 | 286 | 339 | 490 | 419 | 364 | 363 | 464 |
| Inventories | 67.03 | 63.06 | 54.97 | 56.05 | 68.98 | 77.98 | 69.07 | 165 | 131 | 106 | 94.08 | 129 |
| Trade receivables | 106 | 127 | 120 | 125 | 158 | 150 | 173 | 199 | 157 | 185 | 216 | 261 |
| Cash & equivalents | 1.99 | 4.99 | 3.99 | 4.99 | 3.99 | 21.95 | 51.92 | 67.86 | 86.78 | 11.97 | 15.98 | 17.98 |
| Total Assets | 386 | 420 | 618 | 727 | 914 | 935 | 1,109 | 1,485 | 1,490 | 1,792 | 1,918 | 2,103 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 44.18 | 46.13 | 31.10 | 119 | 135 | 110 | 91.38 | 109 | 125 | 72.29 | 62.25 | 53.21 |
| Cash from investing activity | −27.08 | −27.07 | 16.04 | −45.16 | −111 | −61.21 | −53.15 | −104 | −118 | −51.11 | −41.14 | −25.07 |
| Cash from financing activity | −22.98 | −17.01 | −48.01 | −73.03 | −23.99 | −30.98 | −16.98 | −16.99 | −34.98 | −16.99 | −15.99 | −26.99 |
| Net cash flow | −5.98 | 0.99 | −0.99 | 0.99 | 0.00 | 16.93 | 20.92 | −11.96 | −26.88 | 3.98 | 3.98 | 0.99 |
| Capex | 33.09 | 27.10 | 37.15 | 52.16 | 46.13 | 66.22 | 48.15 | 74.21 | 33.13 | 32.11 | 44.15 | 79.25 |
| Free cash flow | 12.99 | 21.01 | −5.99 | 66.93 | 89.99 | 43.96 | 42.99 | 34.99 | 93.93 | 40.99 | 18.99 | −24.97 |
| CFO / OP % | 75.0% | 104.0% | 108.0% | 116.0% | 85.0% | 105.0% | 94.0% | 68.0% | 120.0% | 314.0% | 52.0% | 65.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 80 | 103 | 95 | 76 | 70 | 78 | 84 | 62 | 52 | 82 | 81 | 87 |
| Inventory days | 102 | 98 | 85 | 78 | 74 | 89 | 70 | 102 | 77 | 79 | 69 | 77 |
| Days payable | 84 | 112 | 98 | 123 | 108 | 122 | 126 | 112 | 64 | 139 | 102 | 91 |
| Cash conversion cycle | 100 | 91 | 84 | 33 | 37 | 47 | 30 | 53 | 68 | 24 | 50 | 75 |
| Working capital days | 27 | 26 | 41 | 49 | 56 | 48 | 50 | 60 | 60 | 46 | 57 | 105 |
| ROCE % | 23.9% | 18.0% | 9.9% | 22.0% | 38.0% | 16.9% | 12.9% | 20.9% | 9.0% | 2.0% | 6.9% | 6.0% |
For the Jun 2026 quarter, Excel Industries reported sales of ₹295 Cr, down 5.2% year on year and net profit of ₹29.12 Cr, down 14.7% year on year. The operating margin was 14.0%.
Excel Industries' sales for the year to Mar 2026 were ₹1,098 Cr; over the last twelve months they were ₹1,083 Cr.
Net profit for the year to Mar 2026 was ₹76.29 Cr, and ₹70.28 Cr over the last twelve months. Earnings per share over the same trailing period were ₹56.56.
Excel Industries reported borrowings of ₹8.02 Cr at Mar 2026, against cash and equivalents of ₹17.98 Cr.
Cash from operations was ₹53.21 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹24.97 Cr.