Excel Industries Limited

rs,

xcel Industries Ltd. 14th February, 2024 BSE Ltd. Listing Department, Pheeroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 Sub: Investor Presentation IS/ISO9001:2015 IS/ISO14001:201

₹180

& 9M FY24 Financial Performance 3 Q3 & 9M FY24 Results Highlights (Standalone) Q3 FY24 9M FY24 ₹180 Cr Revenue ₹ 2 Cr EBITDA ₹ 3 Cr PAT ₹ 593 Cr Revenue ₹ 11 Cr EBITDA ₹ 8 Cr PAT •

₹ 2

Performance 3 Q3 & 9M FY24 Results Highlights (Standalone) Q3 FY24 9M FY24 ₹180 Cr Revenue ₹ 2 Cr EBITDA ₹ 3 Cr PAT ₹ 593 Cr Revenue ₹ 11 Cr EBITDA ₹ 8 Cr PAT • • • • • • In

₹ 3

3 & 9M FY24 Results Highlights (Standalone) Q3 FY24 9M FY24 ₹180 Cr Revenue ₹ 2 Cr EBITDA ₹ 3 Cr PAT ₹ 593 Cr Revenue ₹ 11 Cr EBITDA ₹ 8 Cr PAT • • • • • • In Q3FY24, Excel Ind

₹ 593

sults Highlights (Standalone) Q3 FY24 9M FY24 ₹180 Cr Revenue ₹ 2 Cr EBITDA ₹ 3 Cr PAT ₹ 593 Cr Revenue ₹ 11 Cr EBITDA ₹ 8 Cr PAT • • • • • • In Q3FY24, Excel Industries recorded

₹ 11

andalone) Q3 FY24 9M FY24 ₹180 Cr Revenue ₹ 2 Cr EBITDA ₹ 3 Cr PAT ₹ 593 Cr Revenue ₹ 11 Cr EBITDA ₹ 8 Cr PAT • • • • • • In Q3FY24, Excel Industries recorded a revenue of ₹180

₹ 8

9M FY24 ₹180 Cr Revenue ₹ 2 Cr EBITDA ₹ 3 Cr PAT ₹ 593 Cr Revenue ₹ 11 Cr EBITDA ₹ 8 Cr PAT • • • • • • In Q3FY24, Excel Industries recorded a revenue of ₹180 Cr, experiencing

9%

PAT • • • • • • In Q3FY24, Excel Industries recorded a revenue of ₹180 Cr, experiencing a 9% dip from the previous quarter. This decline was attributed to adverse global economic conditions,

13%

ny continues to maintain its market share in key product categories. The export market contributed 13% and 15% of revenue in Q3 FY24 and 9M FY24 respectively The company's EBITDA margins for Q3 FY24 st

15%

nues to maintain its market share in key product categories. The export market contributed 13% and 15% of revenue in Q3 FY24 and 9M FY24 respectively The company's EBITDA margins for Q3 FY24 stood at 1

1%

% of revenue in Q3 FY24 and 9M FY24 respectively The company's EBITDA margins for Q3 FY24 stood at 1%, while 9M FY24 stood at 1.9%. The subdued margins in Q3 were attributed to challenges in internati

1.9%

9M FY24 respectively The company's EBITDA margins for Q3 FY24 stood at 1%, while 9M FY24 stood at 1.9%. The subdued margins in Q3 were attributed to challenges in international business, product mix an

“by CAGR was and is projected to of , growing at a valued at 6.4% reach - Agrochemicals - Dyes and Pigments - Construction Chemicals - Specialty Polymers - Textile chemicals - Base Ingredients - Surfactants - Water treatment - Functional Ingredients $1240 Billion KEY INSIGHTS* CAGR 6.4% OUTLOOK from $910 Billion China holds 40% share in global # chemical industry.”

“(Source: IBEF) Industry promised The Indian Chemical investors prior to COVID 19 return of close to 17% CAGR.”

“CAGR was and is projected to of , growing at a by valued at 12.4% reach from $41 Billion $72 Billion CAGR 12.4% 2021 2026 31 Resilient Financial Performance 32 Strong performance over the decade (Standalone) 10% Consistent dividend pay out 28% 16% CAGR Revenue Growth in last 10 years Over the last 10 years.”

Source

2

Masala Preparation Training Programme

1

Gunvatta Vikas Training Programme

1

Education - Pradnya Vikas Programme

1

Investor Relations Advisors

1

Masala Preparation Training Programme

Devkanha, Roha, Raigad Cake Training Certificats Programme : VRTI training hall, Roha, Raigad Support For Cashew Processing Machine, Sangmeshwar, Ratnagiri Education Health

Education - Pradnya Vikas Programme

(Jana Prabhodini, Pune) Khamb, Roha, Raigad Eye Check Up Camp at Mhatarkhadi, Guhagar, Ratnagiri Kits Distribution to ASHA Workers (Health Workers) : VRTI training hall, Roha, Raigad 28 Industry has a Huge Potential Global Industry Overview… The Global Specialty Chemical Industry China-plus-one MARKET SEGEMENTATION $910Bn 2021 $1240Bn 2026 in 2021 to 2026*. by CAGR was and is projected to of , growing at a valued at 6.4% reach - Agrochemicals - Dyes and Pigments - Construction Chemicals - Specialty Polymers - Textile chemicals - Base Ingredients - Surfactants - Water treatment - Functional Ingredients $1240 Billion KEY INSIGHTS* CAGR 6.4% OUTLOOK from $910 Billion China holds 40% share in global # chemical industry. Asia-Pacific market is expected to grow fastest. Asia Pacific accounted for a revenue share of 46.8% in the market for specialty chemicals. Exportable specialty chemicals accounts for ~15-17% of the industry. China is expected to keep specialty chemical imports high. Produc

Source

1. 2. @ IBEF * FICCI Avendus Report 3. # McKinsey report 2019 …Indian industry growing at double digit FDI inflows in the chemicals sector reached US$ 19.09 billion from 2000 to 2021. (Source: IBEF) Industry promised The Indian Chemical investors prior to COVID 19 return of close to 17% CAGR. The domestic chemicals sector's MSMEs are expected to showcase 18-23% revenue growth in FY23. (Source: CRISIL) Market share of India to grow to 6% by 2026, up from 3- 4% in FY23. (Source: CRISIL) Domestic growth in the sector is predicted to be at 13- 15% . Exports (Source: CRISIL) and revenue from India are predicted to grow 18- 20% . Union Budget 2022-23 the government allocated Rs. 209 crores (US$ 27.43 million) to the Department of Chemicals and Petrochemicals. * FICCI Avendus Report

Source

1. 2. @ IBEF 3. # McKinsey report 2019 A revival in domestic demand and robust exports will spur a 50 percent year-on-year increase in the capex of specialty chemicals manufacturers in FY23. (Source: CRISIL) The long-term prospects of the Indian chemical industry are bright. However, FY 2022-2023 is challenging due to pricing and demand concerns in key markets like the EU and USA. The Indian Specialty Chemical Industry $41Bn 2021 $72Bn 2026 in 2021 to 2026. CAGR was and is projected to of , growing at a by valued at 12.4% reach from $41 Billion $72 Billion CAGR 12.4% 2021 2026 31 Resilient Financial Performance 32 Strong performance over the decade (Standalone) 10% Consistent dividend pay out 28% 16% CAGR Revenue Growth in last 10 years Over the last 10 years. CAGR Growth in shareholder wealth in last 10 years CAGR PAT Growth in last 10 years REVENUE (Rs in Crs) EBITDA (Rs in Crs) PAT (Rs in Crs) Resilience in business visible in numbers Chemicals ENBT (Standalone) 1.178 1.090 825 806

Investor Relations Advisors

Excel Industries Limited CIN: L24200MH1960PLC011807 Mr. Devendra Dosi, CFO Chief Financial Officer Mr. Bhavya Shah: +91 8082748577 bhavya.shah@linkintime.co.in Email: devendra.dosi@excelind.com Ms. Shiwani Karwat : +91 9833251393 Shiwani.larwat@linkintime.co.in www.excelind.co.in www.orientcap.com