Key Achievement

Excel Industries Limited has been awarded the Silver Rating in the EcoVadis Sustainability assessment, placing the company among the top 15% of businesses assessed by EcoVadis globally.

Assessment Details

The EcoVadis evaluation assessed performance across 21 criteria under four core pillars:

  • Environment
  • Labour & Human Rights
  • Ethics
  • Sustainable Procurement

The assessment is benchmarked against internationally recognized frameworks including:

  • UN Global Compact
  • ILO conventions
  • GRI Standards
  • TCFD framework

Rating Recognition Areas

The Silver rating recognizes measurable progress across four specific areas:

  • Stronger Sustainability management systems
  • Deeper value chain engagement
  • Improved environmental performance
  • Greater transparency in reporting

Business Context

Excel Industries Limited is described as a leading Indian manufacturer of:

  • Agrochemical intermediates
  • Yellow phosphorous derivatives
  • Performance solutions
  • Pharma intermediates & APIs

The company operates three state-of-the-art large scale manufacturing sites in:

  • Roha
  • Lote
  • Vishakhapatnam

Management Commentary

Mr. Ravi A. Shroff, Managing Director, commented: "Achieving the Silver rating in the EcoVadis assessment is an important validation of the way sustainability is integrated into our business. It reflects the strength of our Sustainability management framework and the collective effort of our teams across every site and function. We are hopeful that this assessment will help in customers seeing us as a reliable business partner committed to sustainability and help in strengthening the relations with our existing customers as well as forging new relationships as we seek to expand our global footprint and presence in performance solutions and contract manufacturing."

Strategic Impact

The rating achievement is expected to support the company's objectives to:

  • Expand global footprint
  • Enhance contract manufacturing presence
  • Establish the company as a reliable supplier committed to sustainability

Contact Details

  • Mr. Devendra Dosi, CFO: Devendra.dosi@excelind.com
  • Ms. Pooja Swami: pooja.swami@in.mpms.mufg.com
  • Ms. Payal Dave: +91 9860202359, payal.dave@in.mpms.mufg.com
  • Ms. Payal Dave: +91 9819916314

Additional Information

The press release is available on the company's website: www.excelind.co.in

Safe Harbor Statement

The document includes standard forward-looking statement disclaimer noting that future expectations are based on assumptions subject to risks and uncertainties including industry trends, political and economic environment changes, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, and other factors.