Excel Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, recommended Final Dividend of Rs. 13.75 per equity share.
EXCELINDUS · price
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Excel Industries Limited reported FY 2025-26 standalone net profit of Rs. 7,340.04 lakhs, down from Rs. 8,349.82 lakhs in the previous year. Revenue from operations grew to Rs. 109,424.93 lakhs from Rs. 97,806.77 lakhs year-over-year. The Board recommended a final dividend of Rs. 13.75 per equity share (275% on face value of Rs. 5), maintaining the same dividend as the previous year despite the decline in profits. The dividend is subject to shareholder approval at the ensuing AGM. Auditors gave an unmodified opinion on the financial results. The company operates in chemicals, pharmaceuticals intermediates, and veterinary APIs segments.
Maintaining the dividend at Rs. 13.75 per share signals management confidence in cash flows despite lower profits, which could be viewed positively by income-focused investors. The profit decline may create some near-term pressure on stock sentiment.