Excel Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2025.
EXCELINDUS · price
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Excel Industries' board, at its May 14, 2025 meeting, approved audited standalone and consolidated financial results for FY ended March 31, 2025, with Price Waterhouse issuing an unmodified (clean) audit opinion. On a standalone basis, revenue from operations rose about 18% to Rs. 978.07 crore (vs Rs. 826.14 crore in FY24), while profit after tax jumped sharply to Rs. 83.50 crore from Rs. 15.11 crore, translating to EPS of Rs. 66.42 (vs Rs. 12.02). The Chemicals segment was the key driver, posting a segment profit of Rs. 153.53 crore, while Environment & Biotech remained in the red. Consolidated PAT stood at Rs. 85.31 crore versus Rs. 17.01 crore last year. The board also recommended a dividend of Rs. 13.75 per share (275%) on a face value of Rs. 5, subject to shareholder approval at the upcoming AGM.
A strong earnings beat and a 275% dividend declaration are positive for shareholders and could support a positive short-term stock reaction. The clean audit opinion and robust chemicals segment performance reinforce confidence, though the loss-making Environment & Biotech division remains a watchpoint.