Excel Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Excel Industries Ltd reported a 13.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.3%.
• Its expenses for the quarter were down by 9.8% QoQ and up 8.9% YoY.
• The net profit decreased 37.2% QoQ and decreased 40.6% YoY.
• The earnings per share (EPS) of Excel Industries Ltd stood at 16.85 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Excel Industries Ltd is a prominent player in the chemical manufacturing sector, specializing in the production of specialty chemicals, agrochemicals, and pharmaceutical intermediates. The company has established a reputation for innovation and quality in its offerings, with a focus on sustainable practices and environmental stewardship. Excel Industries operates primarily in India but has a global presence through exports and strategic partnerships. The company is committed to driving growth through research and development, aiming to enhance its product portfolio and technological capabilities. Recent developments in the industry indicate a growing demand for eco-friendly and sustainable chemical solutions, aligning with Excel Industries' strategic priorities.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Excel Industries Ltd reported a total income of ₹277.67 crores. This represents a quarter-over-quarter decrease of 13.7% from ₹321.72 crores in Q1FY26. However, on a year-over-year basis, total income showed a marginal increase of 0.3% compared to ₹276.95 crores in Q2FY25. The slight year-over-year growth in revenue suggests a stable demand for the company's products, despite the decline observed on a quarterly basis. The revenue figures provide an insight into the company's market performance and the external economic conditions affecting its operations.

Profitability

For Q2FY26, Excel Industries Ltd reported a profit before tax (PBT) of ₹27.47 crores, showing a significant quarter-over-quarter decrease of 38.2% from ₹44.46 crores in Q1FY26. On a year-over-year basis, the PBT declined by 41.7% from ₹47.13 crores in Q2FY25. The company's profit after tax (PAT) for Q2FY26 was ₹21.19 crores, down by 37.2% quarter-over-quarter and 40.6% year-over-year. Earnings per share (EPS) also reflected this trend, decreasing to ₹16.85 in Q2FY26 from ₹26.86 in Q1FY26 and ₹28.39 in Q2FY25. This decline in profitability metrics suggests challenges in maintaining cost efficiency or facing competitive pressures.

Operating Metrics

Excel Industries' total expenses for Q2FY26 were ₹250.20 crores, which is a 9.8% decrease from ₹277.27 crores in Q1FY26 but an 8.9% increase from ₹229.82 crores in Q2FY25. The reduction in expenses quarter-over-quarter indicates cost control measures or scaling back operations. The year-over-year increase in expenses could be attributed to inflationary pressures or strategic investments in growth initiatives. The tax expense for Q2FY26 was ₹6.28 crores, reflecting a decline of 41.3% quarter-over-quarter and 45.1% year-over-year. These financial metrics highlight the company's operational efficiency and fiscal policy during the reporting period.