Excel Industries Limited (EXCELINDUS) - Net Assets

Latest as of March 2026: Rs17.03 Billion INR ≈ $184.17 Million USD

Based on the latest financial reports, Excel Industries Limited (EXCELINDUS) has net assets worth Rs17.03 Billion INR (≈ $184.17 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs21.05 Billion ≈ $227.68 Million USD) and total liabilities (Rs4.02 Billion ≈ $43.51 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Excel Industries Limited to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs17.03 Billion
% of Total Assets 80.89%
Annual Growth Rate 14.45%
5-Year Change 48.17%
10-Year Change 315.45%
Growth Volatility 20.54

Excel Industries Limited - Net Assets Trend (2005–2026)

This chart illustrates how Excel Industries Limited's net assets have evolved over time, based on quarterly financial data. See Excel Industries Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Excel Industries Limited (2005–2026)

The table below shows the annual net assets of Excel Industries Limited from 2005 to 2026. For live valuation and market cap data, see market cap of Excel Industries Limited.

Year Net Assets Change
2026-03-31 Rs17.03 Billion
≈ $184.17 Million
+7.19%
2025-03-31 Rs15.89 Billion
≈ $171.81 Million
+11.33%
2024-03-31 Rs14.27 Billion
≈ $154.33 Million
+14.92%
2023-03-31 Rs12.42 Billion
≈ $134.29 Million
+8.04%
2022-03-31 Rs11.49 Billion
≈ $124.30 Million
+34.97%
2021-03-31 Rs8.52 Billion
≈ $92.09 Million
+21.49%
2020-03-31 Rs7.01 Billion
≈ $75.80 Million
+0.19%
2019-03-31 Rs7.00 Billion
≈ $75.66 Million
+31.38%
2018-03-31 Rs5.32 Billion
≈ $57.58 Million
+29.90%
2017-03-31 Rs4.10 Billion
≈ $44.33 Million
+94.64%
2016-03-31 Rs2.11 Billion
≈ $22.78 Million
+13.11%
2015-03-31 Rs1.86 Billion
≈ $20.14 Million
+22.36%
2014-03-31 Rs1.52 Billion
≈ $16.46 Million
+12.29%
2013-03-31 Rs1.36 Billion
≈ $14.66 Million
+8.91%
2012-03-31 Rs1.24 Billion
≈ $13.46 Million
+11.49%
2011-03-31 Rs1.12 Billion
≈ $12.07 Million
+9.02%
2010-03-31 Rs1.02 Billion
≈ $11.07 Million
+5.18%
2009-03-31 Rs973.25 Million
≈ $10.53 Million
-0.45%
2008-03-31 Rs977.63 Million
≈ $10.57 Million
+1.50%
2007-03-31 Rs963.20 Million
≈ $10.42 Million
-5.39%
2006-03-31 Rs1.02 Billion
≈ $11.01 Million
+1.75%
2005-03-31 Rs1.00 Billion
≈ $10.82 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Excel Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs62.85 Million 0.37%
Other Components Rs16.97 Billion 99.63%
Total Equity Rs17.03 Billion 100.00%

Excel Industries Limited Competitors by Market Cap

The table below lists competitors of Excel Industries Limited ranked by their market capitalization.

Company Market Cap
Elentec Co. Ltd
KQ:054210
$123.29 Million
GOLFZON NEWDIN HOLDINGS Co. Ltd
KQ:121440
$123.30 Million
Shanghai Haixin Group Co Ltd B
SHG:900917
$123.31 Million
Orient Technologies Limited
NSE:ORIENTTECH
$123.32 Million
Mincon Group plc
IR:MIO
$123.23 Million
Ambra SA
WAR:AMB
$123.21 Million
Hillgrove Resources Ltd
AU:HGO
$123.20 Million
Pioneer Floating Rate Trust
NYSE:PHD
$123.13 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Excel Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 15,887,170,000 to 17,030,057,000, a change of 1,142,887,000 (7.2%).
  • Net income of 756,654,000 contributed positively to equity growth.
  • Dividend payments of 172,847,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 12,183,144,000.
  • Other factors increased equity by 12,742,224,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs756.65 Million +4.44%
Dividends Paid Rs172.85 Million -1.01%
Other Comprehensive Income Rs-12.18 Billion -71.54%
Other Changes Rs12.74 Billion +74.82%
Total Change Rs- 7.19%

Book Value vs Market Value Analysis

This analysis compares Excel Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.67x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 9.88x to 0.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs91.75 Rs906.50 x
2006-03-31 Rs93.35 Rs906.50 x
2007-03-31 Rs88.32 Rs906.50 x
2008-03-31 Rs89.64 Rs906.50 x
2009-03-31 Rs89.24 Rs906.50 x
2010-03-31 Rs93.87 Rs906.50 x
2011-03-31 Rs102.33 Rs906.50 x
2012-03-31 Rs114.09 Rs906.50 x
2013-03-31 Rs124.26 Rs906.50 x
2014-03-31 Rs139.26 Rs906.50 x
2015-03-31 Rs155.20 Rs906.50 x
2016-03-31 Rs167.62 Rs906.50 x
2017-03-31 Rs324.90 Rs906.50 x
2018-03-31 Rs423.58 Rs906.50 x
2019-03-31 Rs556.50 Rs906.50 x
2020-03-31 Rs557.56 Rs906.50 x
2021-03-31 Rs677.40 Rs906.50 x
2022-03-31 Rs914.31 Rs906.50 x
2023-03-31 Rs987.81 Rs906.50 x
2024-03-31 Rs1135.23 Rs906.50 x
2025-03-31 Rs1262.86 Rs906.50 x
2026-03-31 Rs1354.71 Rs906.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Excel Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 4.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.91%
  • • Asset Turnover: 0.52x
  • • Equity Multiplier: 1.24x
  • Recent ROE (4.44%) is below the historical average (8.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 0.38% 0.18% 0.78x 2.75x Rs-96.27 Million
2006 0.97% 0.52% 0.72x 2.61x Rs-91.88 Million
2007 -0.51% -0.27% 0.80x 2.39x Rs-101.26 Million
2008 4.10% 1.86% 0.89x 2.48x Rs-57.67 Million
2009 0.12% 0.05% 0.99x 2.40x Rs-96.19 Million
2010 7.50% 3.46% 0.96x 2.25x Rs-25.55 Million
2011 12.53% 5.50% 1.07x 2.14x Rs28.24 Million
2012 12.35% 4.87% 1.10x 2.30x Rs29.24 Million
2013 11.02% 3.89% 1.27x 2.24x Rs13.78 Million
2014 11.82% 4.33% 1.18x 2.31x Rs27.73 Million
2015 22.12% 8.55% 1.24x 2.08x Rs225.61 Million
2016 12.37% 5.81% 1.06x 2.00x Rs49.84 Million
2017 4.89% 4.35% 0.74x 1.51x Rs-209.61 Million
2018 13.88% 12.38% 0.82x 1.37x Rs206.46 Million
2019 21.94% 18.75% 0.89x 1.31x Rs834.98 Million
2020 13.71% 13.73% 0.75x 1.34x Rs259.84 Million
2021 8.35% 9.55% 0.67x 1.30x Rs-140.68 Million
2022 14.03% 13.75% 0.79x 1.29x Rs462.68 Million
2023 6.44% 7.38% 0.73x 1.20x Rs-442.39 Million
2024 1.19% 2.06% 0.46x 1.26x Rs-1.26 Billion
2025 5.37% 8.72% 0.51x 1.21x Rs-735.58 Million
2026 4.44% 6.91% 0.52x 1.24x Rs-946.35 Million

Industry Comparison

This section compares Excel Industries Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $10,125,971,016
  • Average return on equity (ROE) among peers: 15.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Excel Industries Limited (EXCELINDUS) Rs17.03 Billion 0.38% 0.24x $123.24 Million
Aarti Industries Limited (AARTIIND) $52.90 Billion 7.87% 0.82x $1.83 Billion
Aarti Surfactants Limited (AARTISURF) $2.33 Billion 6.25% 1.05x $34.22 Million
ABM International Limited (ABMINTLLTD) $15.38 Million 31.24% 33.21x $4.15 Million
Advanced Enzyme Technologies Limited (ADVENZYMES) $1.71 Billion 11.54% 1.37x $421.84 Million
Aether Industries Limited (AETHER) $20.63 Billion 4.00% 0.16x $1.90 Billion
Akzo Nobel India Limited (AKZOINDIA) $13.30 Billion 32.08% 1.18x $1.60 Billion
Alkali Metals Limited (ALKALI) $520.83 Million 6.68% 0.91x $9.27 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE) $3.09 Billion 21.36% 1.10x $989.34 Million
Ami Organics Limited (AMIORG) $822.19 Million 28.33% 1.59x $1.18 Billion
Anupam Rasayan India Limited (ANURAS) $5.94 Billion 8.96% 1.80x $1.57 Billion

About Excel Industries Limited

NSE:EXCELINDUS India Specialty Chemicals
Market Cap
$123.24 Million
Rs11.40 Billion INR
Market Cap Rank
#18407 Global
#982 in India
Share Price
Rs906.50
Change (1 day)
-0.51%
52-Week Range
Rs806.40 - Rs1408.00
All Time High
Rs1705.79
About

Excel Industries Limited engages in manufactures and sells chemicals, and environmental and biotech products and services in India and internationally. The company offers specialty chemicals, intermediates and actives catering to various end users like agrochemicals, water treatment, soaps and detergents, lube oil additives, mining chemicals, polymer additives and pharmaceuticals; and active phar… Read more