Excel Industries Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026, following a Board of Directors meeting held on November 4, 2026. The meeting commenced at 3:30 PM and concluded at 7:30 PM. The results were reviewed and recommended by the Audit Committee earlier the same day.

Standalone Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹274.61 crore (compared to ₹270.19 crore in Q2 FY26)
  • Other income: ₹9.48 crore (compared to ₹4.22 crore in Q2 FY26)
  • Total income: ₹284.09 crore (compared to ₹274.41 crore in Q2 FY26)
  • Profit before tax: ₹35.02 crore (compared to ₹24.54 crore in Q2 FY26)
  • Net profit after tax: ₹26.67 crore (compared to ₹18.73 crore in Q2 FY26)
  • Earnings per share (EPS): Basic and diluted ₹21.21 (compared to ₹14.90 in Q2 FY26)

Standalone Financial Performance (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹568.34 crore (compared to ₹579.66 crore in H1 FY26)
  • Other income: ₹15.65 crore (compared to ₹16.01 crore in H1 FY26)
  • Total income: ₹583.99 crore (compared to ₹595.67 crore in H1 FY26)
  • Profit before tax: ₹73.49 crore (compared to ₹68.78 crore in H1 FY26)
  • Net profit after tax: ₹55.78 crore (compared to ₹52.29 crore in H1 FY26)
  • Earnings per share (EPS): Basic and diluted ₹44.37 (compared to ₹41.60 in H1 FY26)

Consolidated Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹274.68 crore
  • Other income: ₹12.44 crore
  • Total income: ₹287.12 crore
  • Profit before tax: ₹37.78 crore
  • Net profit after tax: ₹28.90 crore
  • Earnings per share (EPS): Basic and diluted ₹22.99

Consolidated Financial Performance (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹568.51 crore
  • Other income: ₹19.15 crore
  • Total income: ₹587.66 crore
  • Profit before tax: ₹76.68 crore
  • Net profit after tax: ₹58.36 crore
  • Earnings per share (EPS): Basic and diluted ₹46.43

Key Financial Highlights

  • Other Comprehensive Income: Significant gains from changes in fair value of equity instruments (₹203.23 crore in Q2 consolidated)
  • Tax expense: Current tax of ₹7.74 crore in Q2 consolidated; deferred tax of ₹1.14 crore
  • Share capital: ₹6.29 crore (face value ₹5 per equity share)
  • Subsidiaries: Three subsidiaries with total assets of ₹906.75 crore and net assets of ₹792.24 crore as of September 30, 2026

Additional Information

  • The company operates in a single business segment: 'Chemical'
  • Results are available on stock exchange websites (BSE and NSE) and the company's website
  • The consolidated results include Excel Bio Resources Limited, Kamaljyot Investments Limited, and Excel Rajkot C&D Waste Recycling Private Limited