| Revenue growth | Q2 revenue +1.6% YoY to ₹274.6 Cr; H1 down 2%. |
|---|---|
| Margins | Q2 EBITDA margin 13.3% vs 11.1%; partly low-cost inventory driven. |
| Demand visibility | Agro demand subdued into Q3; monsoon at 87% of normal. |
| Management confidence | Balanced; upbeat on diversification, cautious on Q3 demand. |
Growth
Q2 revenue +1.6% to ₹274.6 Cr; EBITDA +21.5%, PAT +42%. Margin gains partly from low-cost inventory, not purely structural.
Outlook
No numeric guidance; ROC target 15–20%, Q3 and Q4 FY27 launches, Q3 seasonal dip expected.
Risks
Agro demand weak into Q3; raw material volatility and shipping disruption pressure H2 costs.
Last quarter's promises, checked
Partly delivered
- Guided 2,530 tpa biocide capacity operational H2 FY26 → mgmt says operational; no volume data this quarter (= PARTIAL)
- Guided ₹200–300 Cr capex over 3 yrs → about half of planned capex committed; no ₹ spend or timeline (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: EXCELINDUS. Summary written with AI assistance from the document.
Excel Industries Ltd: key numbers
- Share price
- ₹983.10
- Market cap
- ₹1,236 Cr
- Revenue (annual)
- ₹1,095 Cr
- Net profit (annual)
- ₹75.67 Cr
- P/E (TTM)
- 15.6×Sector 28.2×
- Promoter holding
- 51.86%+0.00% QoQ
- FII holding
- 1.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Excel Industries Ltd
All →Excel Industries Investor Presentation: Key Takeaways
Q2 FY27 standalone revenue ₹275 Cr (+2%), EBITDA ₹37 Cr (+22%), PAT ₹27 Cr (+42%), EBITDA margin 13.3%. Diversification offset a weak agro season.
Excel Industries Q2 FY27 Results: Net Profit ₹28.9 Cr, Up 36.3% YoY
Excel Industries Ltd reported revenue from operations of ₹274.7 Cr (+1.7% YoY) and net profit of ₹28.9 Cr (+36.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹28.9 Cr · +36.3% YoY
Excel Industries Board Meeting Date
Excel Industries scheduled a board meeting for 04 November 2026 to approve Q2/H1 2026 results. Trading window remains closed until 6 November 2026.
Excel Industries Other Announcement
Excel Industries Ltd filed its quarterly shareholding pattern for the quarter ended September 30, 2026, as per SEBI listing requirements.
Excel Industries Annual General Meeting
Excel Industries held its 65th Annual General Meeting on September 24, 2026. Shareholders approved resolutions, including a dividend declaration of Rs. 13.75 per equity share.
Excel Industries Other Announcement
Excel Industries received a Silver rating in the EcoVadis Sustainability Assessment, placing it in the top 15% globally. The rating covers Environment, Labour, Ethics, and Sustainable Procurement pillars.