Excel Industries Limited — Investor Meet, 28-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Excel Industries reported Q4 FY26 revenue of INR 281 Cr (+13% YoY) and Adj. EBITDA of INR 22 Cr (+10% YoY). For FY26, net revenue was INR 1,094 Cr (+11.8%) and Adj. EBITDA INR 112 Cr (10.1% margin), with PAT at INR 73 Cr. The balance sheet is net cash positive.

Management noted improved Q4 agrochem demand but faces Q1 raw material challenges due to geopolitics; price hikes largely passed on. Outlook is cautious on agrochem due to El Nino. Operational highlights: biocides capacity operational, R&D center, contract manufacturing deals progressing. Growth drivers: Performance Solutions (biocides), YP derivatives, and contract manufacturing. A final dividend of INR 13.75/share was declared.