What we do Excel Industries Ltd manufactures specialty chemicals, industrial chemicals, bio-fertilisers, and environmental biotech products, serving agrochemical, pharma, polymer, and waste management sectors. |
Founded in 1,960 |
Market share Leading global producer of DETC and top-five in phosphonates, with strong presence in Indian specialty chemicals market. |
Problem solved Provides advanced chemical intermediates and eco-friendly waste management solutions addressing industry and environmental challenges. |
Top clients or who we serve B2B clientele including agrochemical firms, pharmaceuticals, polymers, mining, water treatment, and waste management sectors. |
Key management Ashwin C. Shroff (Executive Chairman), Ravi A. Shroff (Managing Director), Hrishit A. Shroff (Executive Director), Pradeep Ghattu (President & COO). |
Our journey and innovations Established in 1960, pioneered India’s phosphorus chemistry, expanded manufacturing capacities, launched new chemical products, and integrated sustainability practices. |
Where we operate Mainly India with export markets contributing around 18% revenue; manufacturing sites at Roha, Lote, and Visakhapatnam. |
Top products or what we offer Specialty chemicals (DETC, phosphonates, biocides), pharma intermediates, polymer additives, and environmental waste management services. |
Top brands DETC (#1 globally), phosphonates (top 5 globally), Celrich bioremediation plant, polymer additives with expanding market footprint. |
Raw materials needed Phosphorus derivatives, organophosphorous compounds, solvents, chemical intermediates for specialty manufacturing. |
Raw materials supplier Various Indian and international chemical suppliers ensuring quality and supply consistency. |
Recurring vs cyclical contribution Revenue largely recurring through contracts in specialty chemicals; environmental services contribute emerging cyclical revenue. |
Our industry position Strong leader in specialty phosphorus chemicals with increasing presence in biotech waste management and pharma intermediates. |
Financial highlights Revenue Rs 978 Cr, PAT Rs 85 Cr for FY 2024-25 with 18% revenue growth and 450% profit growth year-on-year. |
Geographical revenue split India constitutes roughly 82% of revenue; exports contribute about 18%. |
Order book - |
Whats driving growth Improved demand in specialty chemicals, capacity expansions, higher price realizations, and rationalization of input costs drive growth. |
Our future plans Capacity expansions underway including doubling biocide production and upgrading pilot plants to enhance manufacturing capabilities. |
Our green promise Solar power meets 48% energy needs; initiatives in waste recycling, zero liquid discharge, and biodiversity promotion at plants. |
Our people and values Over 1100 employees; focus on leadership development, diversity, safety, and a positive work environment. |
Key challenges ahead Raw material volatility, regulatory compliance, and maintaining growth momentum amid global competition. |
Interesting facts First Indian agrochemical company ISO 9002 certified; holds lifetime achievement awards and leads in organic waste management. |
Risks and strategy Market price volatility mitigated by backward integration and diversified product portfolio; strategic expansion and innovation to sustain growth. |
