Excel Industries Limited · NSE:EXCELINDUS
Excel Industries — Q1 FY27 Earnings Presentation
39 slides from Excel Industries's earnings presentation, Aug 17, 2026
Slide 1: Cover letter to stock exchanges
IS/ISO9001:2015 IS/ISO14001:2015 IS/ISO 45001:2018 Excel Industries Ltd. Certifiedby BIS. 17th August, 2026 Certifiedby BIS. BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Listing Department, Pheeroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Ba
Slide 2: Excel Industries Limited Investor Presentation Q1 FY27
EXCEL INDUSTRIES LIMITED Investor Presentation | Q1 FY27
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Excel Industries Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 4: Q1 FY27 Financial Performance
Q1 FY27 Financial Performance
Slide 5: Q1 FY27 Results Highlights (Standalone)
Q1 FY27 Results Highlights (Standalone) ₹ 294 Crs ₹ 42 Crs ₹ 29 Crs Revenue EBITDA PAT ➢ Erratic monsoon conditions impacted demand for the Agrochemical Intermediates product group ➢ Despite the underperformance in Agrochemical Intermediates, Q1 FY27 revenue reached ~95% of Q1 FY26 revenue ➢ Strong
Slide 6: Timely Project Completion Reinforces Execution Excellence
Timely Project Completion Reinforces Execution Excellence Key Milestone Strategic Impact ➢ Dedicated manufacturing project successfully completed on 23rd July 2026 as per agreed ➢ Demonstrates Excel’s project execution timelines capability through timely completion Long Term Value ➢ Supports supplie
Slide 7: New Product launch
New Product launch Setting up a 1,265 MTPA specialty chemical facility at Lote to diversify Capex Details the product portfolio. Amount Investment of Rs 5 crores approx. Completion Expected launch – February 2027 post commissioning of the production capacity Scope Market potential in a wide range of
Slide 8: Standalone performance in Q1 FY27
Standalone performance in Q1 FY27 Revenue (₹ in Crs) EBITDA (₹ in Crs) PAT (₹ in Crs) 42 42 34 309 294 29 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Revenue Profile (₹ in Crs) EBITDA PAT Margin (%) Margin (%) 309 13.7% 14.4% 10.8% 294 9.9% 240 233 69 61 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q
Slide 9: Outlook – Q2 FY27
Outlook – Q2 FY27 Business Outlook ➢ Near-term demand challenges in Agrochemical Intermediates are expected to persist ➢ Non-agrochemical product groups are expected to maintain growth momentum and support overall performance ➢ With the dedicated manufacturing setup now commissioned, we are targetin
Slide 10: Standalone Profit and loss Statement
Standalone Profit and loss Statement Particulars (Rs. Cr) Q1FY27 Q1FY26 Y-o-Y Q4FY26 Q-o-Q FY26 Revenue from Operations 293.7 309.5 -5.1% 281.1 4.5% 1,094.2 Cost of Goods Sold 146.8 168.5 161.0 601.9 Gross Profit 146.9 141.0 4.2% 120.1 22.3% 492.4 Gross Profit Margin(%) 50.0% 45.6% 42.7% 45.0% Emplo
Slide 11: Consolidated Profit and loss Statement
Consolidated Profit and loss Statement Particulars (Rs. Cr) Q1FY27 Q1FY26 Y-o-Y Q4FY26 Q-o-Q FY26 Revenue from Operations 293.8 309.5 -5.1% 281.2 4.5% 1,094.5 Cost of Goods Sold 146.8 168.5 161.1 602.1 Gross Profit 147.0 141.0 4.2% 120.1 22.4% 492.5 Gross Profit Margin(%) 50.0% 45.6% 42.7% 45.0% Emp
Slide 12: Company Overview
Company Overview
Slide 13: Excel Industries – At a Glance
Excel Industries – At a Glance Established in 1941 with an objective to make India Excel Industries manufactures complex products Involved in manufacturing Agrochemical self reliant in chemicals by developing indigenous through the best-in-class technological setup intermediates and Specialty Chemic
Slide 14: Our Legacy of Leadership
Our Legacy of Leadership Pre 1970’s 1980’s 1990’s 2000’s 2010’s 2020’s 1970’s 1941 1971 1983 1991 2000 2012 2020/21 Excel industries Excel goes public, Manufacture of DETC Excel celebrates Excel develops a co- Inauguration of Environmental founded and with our first public commenced at Roha golden j
Slide 15: Diversified Product Portfolio
Diversified Product Portfolio 01 02 03 04 05 Agrochemical YP Derivatives Performance Pharma Waste intermediates Solutions Intermediates & Management API P2S5, PSCL3, PCL3, Phosphonates, Acetyl Chloride, Excel OWC, Integrated DETC, DMTC, NaTCP, PCL5 Biocides, Speciality Febuxostat, MSW, Bioculum, DMP
Slide 16: Serving Critical End-use Industries
Serving Critical End-use Industries Agrochemical Corrosion Inhibitors Polymer Aids and Pharma & Other Organic Waste Biocide Intermediates & Chelating Agents Property modifiers Veterinary Intermediates Management Organophosphorus API for Gout, Diabetics Insecticides and Soaps & Mining and veterinary
Slide 17: Manufacturing Excellence
Manufacturing Excellence ROHA • One of Excel’s first large scale facilities. • The Roha site is the main production hub of a number of key phosphorus-based products, and it handles one of the highest quantities of yellow phosphorus in India. • Wide range of chemical inputs and Veterinary APIs are ma
Slide 18: Investing in Future Growth
Investing in Future Growth Capital Expenditure Capacity Expansion Over the next three years, we will invest Rs. Received EC from regulatory bodies to increase 200–300 Crores in plant upgrades, product its production capabilities and product offerings. innovation, capacity expansion, and technology.
Slide 19: Distinctive Competitive Edge
Distinctive Competitive Edge Strong legacy and experience Diversified product portfolio Robust R&D capabilities Rooted in decades of phosphorus chemistry, Blending chemical expertise with Fueling progress through relentless R&D, we we power agrochemical and polymer environmental innovation, we deliv
Slide 20: Industry has a Huge Potential
Industry has a Huge Potential
Slide 21: Global Industry Landscape
Global Industry Landscape China-plus-one MARKET SEGEMENTATION The Global Specialty Chemical Industry was valued at $941Bn in 2025 and is projected to reach $1,430Bn by 2036, growing at a CAGR of o Agrochemicals o Specialty Polymers o Surfactants 3.9% from 2025 to 2036* o Dyes and Pigments o Textile
Slide 22: Indian industry growing at double digit
Indian industry growing at double digit The Indian chemical industry is expected to reach $383 billion by 2030 (Source: EY) Globally, India is the third-largest The Indian Specialty Chemical Industry was consumer of polymers, fourth-largest valued at $ 65Bn in 2024 and is projected to producer of ag
Slide 23: ESG & CSR
ESG & CSR
Slide 24: Excel's Three Pillars of Sustainability
Excel’s Three Pillars of Sustainability All Three Aspects – People, Profit and Planet must be balanced to ensure Sustainability People in Excel Industries are guaranteed Planet refers to the commitment by Excel a work environment where employees find Industries to implement environmentally value in
Slide 25: Corporate Social Responsibility
Corporate Social Responsibility ₹ 12+ Crs spent on CSR activities in last 5 years Endeavors towards Committed to the UN’s Engaged in CSR creating positive change Sustainability initiatives since for the environment and Development Goals. inception. the communities we serve. 24
Slide 26: Protecting the Environment
Protecting the Environment Water Security Through Community Animal Husbandry Drinking Water Facility Sand Filter Repairs of Water Wells, At- Nivi Fish Farming Pond follow-up Visit – Goat farming – Bhise Taluka Roha - Raigad At – Pale khurd Village Roha - Raigad Adivasiwadi , Roha Raigad Yashwantkhar
Slide 27: Social Upliftment
Social Upliftment Women Empowerment Millets Cakes Training, VRTI Training Hall, Nauvari Training , VRTI Hall, Roha Flower making training, VRTI Hall Roha Support to business stall, Bhat Hall, Roha Taluka, Raigad Taluka, Raigad Taluka, Raigad Roha Taluka , Raigad Education Health School Head Master T
Slide 28: Historical Financial Performance
Historical Financial Performance
Slide 29: Historical Performance
Historical Performance TOTAL REVENUE (Rs in Crs) EBITDA (Rs in Crs) PAT (Rs in Crs) (Standalone) 230 160 1,178 1,090 1,094 978 826 127 121 110 78 84 73 24 15 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 REVENUE MIX (Rs in Crs) EBITDA Margin (%) PAT Margin (%) 20% 14% 87
Slide 30: Historical Performance
Historical Performance (Standalone) Return on Capital Employed Return on Equity 34% 23% 14% 14% 10% 12% 10% 8% 3% 2% 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 WORKING CAPITAL ANALYSIS# Net Debt / Equity -0.08 -0.07 -0.14 -0.19 -0.17 82 231 203 202 62 87 81 52 139 56 82 36 50 75 43 51 44 47 3
Slide 31: Consistent shareholder returns
Consistent shareholder returns • Rs 150.7 crores Returned to shareholders in the form of dividend in the last 10 years upto FY25; • 14% CAGR Growth in market cap in last 10 years upto FY26 36.1 28.3 17.3 17.3 15.7 14.1 14.1 7.5 6.9 5.0 5.7 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 *FY26 19.3
Slide 32: Annexure
Annexure
Slide 33: Executive Leadership Team
Executive Leadership Team Mr. Ashwin C. Shroff Mr. Ravi A. Shroff Executive Chairman Managing Director • He has been part of the Company since 1965 and his • He is a third generation industrialist who is qualified as a leadership continues to inspire the entire group to march Chemical Engineer with
Slide 34: Eminent Board
Eminent Board Mr. Ninad D. Gupte Mr. Vihang Virkar Mr. Rajesh Varma Mr. Ninad D. Gupte is a Bachelor of Science from Bombay Mr. Vihang Virkar holds a degree in Bachelor of Legal Mr. Rajesh Varma holds a Bachelor of Commerce (B. Com) University, PGDBM from XLRI-Jamshedpur and has Studies (BLS) and a
Slide 35: Awards & Accolades (1/4)
Awards & Accolades (1/4) Jamnalal Bajaj fair business ENCON, Govt of India Award PC Ray award for Indigenous for Energy Efficiency Technology Practices Award 1992 2004 1965 ICC Lifetime Achievement JSW Earth Care Award to ICC Product Stewardship Award to Mr. Ashwin Shroff Excel’s NGO ,VRTI for CSR A
Slide 36: Awards & Accolades (2/4)
Awards & Accolades (2/4) Shrestha Suraksha Puraskar in Chemical Manufacturing Sector for the year 2021 from Certificate for Longest Accident Free period & National Safety Council of India Lowest Frequency Rate Certificate of Appreciation from National Safety Council of India Award of Excellence in S
Slide 37: Awards & Accolades (3/4)
Awards & Accolades (3/4) FICCI Chemicals and Petrochemicals Awards 2022 : ICC Certificate of Merit. PMFAI-SML Annual Agchem Awards 2025: 2025: “Best Green Process” Award in Chemical Category : Management of Health and Company of the Year, Ancillary & Social Responsibility. Sector (Non-MSME). Safety
Slide 38: Awards & Accolades (4/4)
Awards & Accolades (4/4) ICC – Alkyl Amines, Prof. M.M. Sharma Award for Excellence in Process Design & Engineering. Excel has been honoured with, one of the most prestigious recognitions in the chemical industry : Prof. M.M. Sharma Award for Excellence in Process Design & Engineering. This award is
Slide 39: Thank You
Company : CIN: L24200MH1960PLC011807 Mr. Devendra Dosi, CFO Chief Financial Officer Email: devendra.dosi@excelind.com www.excelind.co.in www.excelind.co.in Investor Relations Advisors : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services M