Excel Industries Limited
Excel Industries is engaged in manufacturing and selling of Chemicals, Pharma intermediates and Environmental products.
What Excel files
- Others58
- Important14
- Board Meeting10
- Investor Meet9
- Updates6
- PPTs5
Excel Industries has submitted its Business Responsibility and Sustainability Report (BRSR), detailing its sustainability efforts. This report is now available on the company website and forms part of its annual report.
Excel Industries completed a project for a long-term specialty chemical supply agreement. This ~Rs 40 Cr CAPEX project, with a Rs 25 Cr customer advance, is set to generate Rs 35-40 Cr annual income (net of RM costs), strengthening contract manufacturing capabilities.
Excel Industries' board approved financial results. Q3 revenue rose to 238.65 Cr with PAT at 8.44 Cr. However, 9-month PAT declined to 63.39 Cr. The company now reports a single 'Chemicals' segment, made a 1.15 Cr gratuity provision, and sold an associate investment.
Excel Industries' subsidiaries sold their full stake in Mobitrash Recycle Ventures for Rs 39,980. This minor divestment means Mobitrash is no longer an associate, streamlining the group.
Excel Industries secured a 5-year specialty chemical supply deal, projecting Rs 35-40 Cr p.a. revenue. A new production line requiring ~Rs 40 Cr CAPEX is expected by June 2026. The company will receive a Rs 25 Cr trade advance, bolstering contract manufacturing and market diversification.