Introduction:
Chemical stock reported a 27.3% decline in total income for the quarter ending December 31, 2024. Despite a 16.2% reduction in expenses, Profit After Tax (PAT) dropped 81%, primarily due to lower revenue and a slowdown in operations.
Share Price movement of Excel Industries:
On February 10, 2025, Excel Industries Ltd opened at ₹1,291.00, dropping from its previous close of ₹1,374.75. The stock hit a high of ₹1,291.00 and a low of ₹1,116.00. Currently, it is trading at ₹1,139.85, down 17.09%, with a market cap of ₹1,432.87 crore.
Excel Industries Q3 Results:
For the quarter ending December 31, 2024, Excel Industries reported a total income of ₹20,147.54 crore, which represents a 27.3% decrease from ₹27,480.95 crore in the previous quarter. This decline was primarily due to lower revenue from operations.
The company’s total expenses decreased by 16.2% to ₹19,282.24 crore in Q3 FY25, compared to ₹22,946.23 crore in Q2 FY25. This reduction was largely driven by a significant decrease in cost of materials consumed (down 34.3%) and purchases of stock-in-trade (down 34.5%).
Profit After Tax (PAT) for the quarter was ₹639.62 crore, showing a sharp 81% decrease from ₹3,424.64 crore in the previous quarter. The significant drop in PAT was mainly due to reduced revenue, despite a decrease in expenses, reflecting the overall slowdown in operations.
Also Read: Renewable energy stock under ₹40 jumps after it receives order for smart solar panels
Ace investor holding of Excel Industries:
Deep J Master holds 1,50,000 shares of Excel Industries Ltd., representing a 1.20% stake. At the current price of ₹1,140, his holding is valued at approximately ₹17.1 crore, with no change in holding from the previous quarter.
Om Prakash Rawat holds 1,42,400 shares of Excel Industries Ltd., representing a 1.14% stake. With the current stock price of ₹1,140, his holding is valued at ₹16.2 crore, and there has been no change in his holding from the prior quarter.
Stock performance of Excel Industries for Period of 1 week, 6 months and 1 year:
Excel Industries’ stock gained 5.37% over the past week, reflecting positive short-term movement. However, over the last six months, it declined by 5.65%, indicating mid-term challenges. In the past year, the stock delivered an impressive 58.8% return, demonstrating strong long-term growth.
Also Read: IT stock jumps 5% after it partners with MBDA for missiles and other platforms
Shareholding pattern of Excel Industries:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 52.57 | 52.57 | 52.58 |
| FII | 2.17 | 1.56 | 0.89 |
| DII | 7 | 7.23 | 7.23 |
| Retail & others | 38.26 | 38.65 | 39.3 |
About Excel Industries:
Excel Industries is a leading chemical company specializing in agrochemicals, intermediates, and fine chemicals. It offers innovative solutions across various sectors, including pharmaceuticals, automobiles, and water treatment. The company focuses on sustainability, quality, and expanding its market presence globally.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
