Excel Industries Limited (EXCELINDUS) AI Stock Analysis

• Market Cap: ₹14.14B
• Dividend Yield: 1.22%
• Average Volume (3M): 429.00
• Price to Earnings (P/E): 16.1
• Beta (1Y): 1.07
• Revenue Growth: 16.64%
• EPS Growth: 108.87%
• Country: IN
• Employees: 1,048
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 26.86
• Shares Outstanding: 12,570,692
• 10 Day Avg. Volume: 192
• 30 Day Avg. Volume: 429
• PEG Ratio: 0.04
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 1.27
• P/FCF Ratio: 67.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,250.00
• Price Target Upside: 11.13% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: ₹1,250.00 ▲(11.13% Upside)

Excel Industries Limited's overall stock score is driven by strong financial performance and a fair valuation. However, technical analysis indicates bearish momentum, which is a significant risk factor. The absence of earnings call data and corporate events means these factors do not influence the score.

Excel Industries Limited Business Overview & Revenue Model

Company Description

Excel Industries Limited (EXCELINDUS) is a diversified company engaged in the manufacturing and marketing of a broad range of products primarily in the industrial and agricultural sectors. The company focuses on providing innovative solutions and high-quality products that cater to the needs of various industries. Its core offerings include agricultural machinery, industrial equipment, and related services that enhance productivity and efficiency for its customers.

How the Company Makes Money

Excel Industries generates revenue through multiple key streams, including the sale of agricultural equipment such as sprayers, tractors, and other machinery used in farming operations. The company also earns income from industrial products and solutions that serve sectors like construction and manufacturing. Additionally, EXCELINDUS may benefit from service contracts and maintenance agreements associated with its products. Strategic partnerships with distributors and retailers enhance its market reach, while exports to international markets contribute to its overall earnings. The company's commitment to innovation and quality helps maintain customer loyalty and repeat business, further solidifying its revenue base.

Excel Industries Limited Financial Statement Overview

Summary

Excel Industries Limited shows strong financial performance with robust profit margins and a solid balance sheet. The income statement indicates improved profitability, although revenue growth is inconsistent. The balance sheet is strong with low debt and high equity, while cash flow management is stable despite increased capital expenditures.

Income Statement

Excel Industries Limited has demonstrated a strong recovery in its income statement. The gross profit margin is robust, and there has been a significant improvement in EBIT and EBITDA margins compared to the previous year, despite a decline from two years ago. The net profit margin has also improved substantially, showcasing effective cost management. However, the revenue growth rate has been inconsistent, indicating potential challenges in sustaining revenue momentum.

Balance Sheet

The balance sheet of Excel Industries Limited is strong, with a low debt-to-equity ratio indicating minimal reliance on debt financing. The return on equity is impressive, reflecting efficient utilization of shareholders' capital. The equity ratio is healthy, suggesting a strong capital structure with a significant portion of assets financed by equity. This stability provides a solid foundation for future growth.

Cash Flow

The company's cash flow position is stable, with a positive operating cash flow to net income ratio, indicating sufficient cash generation from operations. However, the free cash flow has seen a decline compared to previous years, primarily due to increased capital expenditures. The free cash flow to net income ratio remains positive, but the growth rate has been negative, suggesting potential challenges in cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.23B	9.78B	8.26B	10.84B	11.72B	7.44B
Gross Profit	4.86B	4.72B	2.98B	4.52B	2.91B	3.74B
EBITDA	1.54B	1.49B	577.24M	1.40B	2.47B	1.30B
Net Income	880.50M	853.13M	170.10M	799.36M	1.61B	710.86M
Balance Sheet
Total Assets	0.00	19.20B	17.96B	14.93B	14.87B	11.11B
Cash, Cash Equivalents and Short-Term Investments	2.22B	2.22B	2.07B	1.43B	771.01M	647.33M
Total Debt	0.00	122.78M	17.81M	26.74M	74.10M	86.03M
Total Liabilities	-15.89B	3.32B	3.68B	2.51B	3.37B	2.60B
Stockholders Equity	15.89B	15.89B	14.27B	12.42B	11.49B	8.52B
Cash Flow
Free Cash Flow	0.00	182.70M	404.65M	926.92M	350.40M	431.41M
Operating Cash Flow	0.00	618.19M	723.73M	1.25B	1.09B	908.56M
Investing Cash Flow	0.00	-412.90M	-512.29M	-1.18B	-1.04B	-525.98M
Financing Cash Flow	0.00	-160.70M	-169.31M	-345.81M	-168.89M	-168.34M

Excel Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1124.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EXCELINDUS, the sentiment is Negative. The current price of 1124.85 is below the 20-day moving average (MA) of 1142.94, below the 50-day MA of 1178.62, and below the 200-day MA of 1149.48, indicating a bearish trend. The MACD of -12.12 indicates Negative momentum. The RSI at 40.14 is Neutral, neither overbought nor oversold. The STOCH value of 20.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EXCELINDUS.

Excel Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JAYAGROGN	70 Neutral	₹10.95B	12.29	―	1.06%	7.47%	-3.69%
EXCELINDUS	69 Neutral	₹14.14B	16.06	―	1.22%	16.64%	108.87%
SHREEPUSHK	67 Neutral	₹13.00B	19.46	―	0.50%	16.35%	55.49%
PUNJABCHEM	64 Neutral	₹16.48B	35.73	―	0.22%	9.24%	2.10%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TNPL	52 Neutral	₹10.56B	310.83	―	1.96%	-0.66%	-125.23%
HERANBA	48 Neutral	₹12.02B	391.62	―	0.33%	―	―