Excel Industries Ltd
Excel Industries Ltd Q3 FY24 Results & Presentation Highlights: Revenue ₹180.3 Cr, PAT ₹2.8 Cr
Q3 FY24 investor presentation: what the company reported on revenue, margins and projects.
Based on Excel Industries Ltd's Q3 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Q3 FY24 revenue: ₹180.3 crore, down 19.1% year-on-year (Page 9 & 8) - Q3 FY24 standalone revenue: ₹180 crore, 9% decline quarter-on-quarter (Pages 5 & 6) - Export revenue contribution: 13% in Q3 F Q3 FY24 EBITDA (Standalone): ₹1.8 Cr, down 93.8% YoY (from ₹28.1 Cr in Q3 FY23) - Q3 FY24 EBITDA Margin: 1.0%, down from 12.6% in Q3 FY23 - Q3 FY24 EBIT: ₹5.0 Cr, down 77.6% YoY (from ₹22.1 Cr in Q3 FY23) - Q3 FY24 EBIT Margin: 2.7%, down from 9.9% in Q3 FY23 - Q3 FY24 Profit After Tax (PAT): ₹2.8 Cr, down 84.9% YoY (from ₹18.7 Cr in Q3 FY23) - Q3 FY24 PAT Margin: 1.6%, down from 8.4% in Q3 FY23 - The presentation notes subdued margins in Q3 FY24 were due to international business challenges, product mix, and sharp decline in realizations.
From Excel Industries Ltd's Q3 FY24 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Q3 FY24 revenue: ₹180.3 crore, down 19.1% year-on-year (Page 9 & 8)
- Q3 FY24 standalone revenue: ₹180 crore, 9% decline quarter-on-quarter (Pages 5 & 6)
- Export revenue contribution: 13% in Q3 FY24; 15% in 9M FY24 (Page 5)
- 9M FY24 revenue: ₹592.6 crore, down 31.4% year-on-year (Pages 7, 8 & 9)
- The presentation attributes revenue decline to adverse global economic conditions, inventory destocking, and pressure on sales realizations (Page 5)
2 more points management made on revenue & sales performance
Profitability & Margins
See what Excel Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Rs 316 Cr Capex executed over 2019–23, including acquisition of Visakhapatnam site.
- Received Environmental Clearances (EC) to increase production capacities for products like Phosphorus Pentasulphide, Diethyldithiophosphoryl Chloride, Diazotization Chemistry platform, Phosphonates, and Pharma capacities.
- Introduced new product capacities: Sodium Trichloro Pyridinol (NaTCP), DMPAT, and a polymer additive.
- Upgraded waste-water treatment capabilities aligned with increased volumes at Lote and Roha sites.
- New PCL3 (Phosphorus Trichloride) plant set up at Lote in 2023.
- Ongoing technological advancements and asset maintenance.
2 more points management made on capital expenditure plans
Top-ranked in Chemicals & Petrochemicals
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Excel Industries Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Excel Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹281 Cr, net profit ₹12 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Excel Industries Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Excel Industries Ltd Q3 FY24 results?
Q3 FY24 revenue: ₹180.3 crore, down 19.1% year-on-year (Page 9 & 8) - Q3 FY24 standalone revenue: ₹180 crore, 9% decline quarter-on-quarter (Pages 5 & 6) - Export revenue contribution: 13% in Q3 F Q3 FY24 EBITDA (Standalone): ₹1.8 Cr, down 93.8% YoY (from ₹28.1 Cr in Q3 FY23) - Q3 FY24 EBITDA Margin: 1.0%, down from 12.6% in Q3 FY23 - Q3 FY24 EBIT: ₹5.0 Cr, down 77.6% YoY (from ₹22.1 Cr in Q3 FY23) - Q3 FY24 EBIT Margin: 2.7%, down from 9.9% in Q3 FY23 - Q3 FY24 Profit After Tax (PAT): ₹2.8 Cr, down 84.9% YoY (from ₹18.7 Cr in Q3 FY23) - Q3 FY24 PAT Margin: 1.6%, down from 8.4% in Q3 FY23 - The presentation notes subdued margins in Q3 FY24 were due to international business challenges, product mix, and sharp decline in realizations.
What is Excel Industries Ltd share price analysis?
Excel Industries Ltd currently shows a neutral. The stock trades at a P/E of 16.9 with a market cap of ₹1,205 Cr. Investors should review the full earnings analysis for detailed insights.
Is Excel Industries Ltd planning capital expenditure?
Rs 316 Cr Capex executed over 2019–23, including acquisition of Visakhapatnam site.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.