Investor Presentation

IS/ISO9001:2015 IS/ISO14001:2015 Excel Industries Ltd. IS/ISO 45001:2018 Certifiedby BIS. 05th November, 2026 Certifiedby BIS. BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Listing Department, Pheeroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai-400 001 Mumbai-400 051 Sub: Investor Presentation Ref: BSE Scrip Code: 500650; NSE Scrip Code: EXCELINDUS Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose herewith the Investor Presentation on the Unaudited Financial Results for the quarter and half year ended September 30, 2026. The Investor Presentation will also be available on the website of the Company i.e. www.excelind.co.in We request you to take the above information on record. Thanking you, Yours faithfully, For Excel Industries Limited S K Singhvi Company Secretary Encl: As above Chemicals Business / Environment & Biotech Division Excel Industries Limited Polymer Inputs / Pharmaceuticals Intermediaries/Veterinary API’s 184-87, S. V. Road, Jogeshwari (West), T: 91-22-66464200 Mumbai-400102, Maharashtra, India. W: http://www.excelind.co.in CIN: L24200MH1960PLC011807 EXCEL INDUSTRIES LIMITED Investor Presentation Q2 & H1 FY27 A backward integrated speciality chemicals company Est. 1941 | Roha · Lote · Visakhapatnam Safe Harbour Forward-looking statements involve risks and uncertainties This presentation and the accompanying slides (the “Presentation”), which have been prepared by Excel Industries Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world- wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. Excel Industries Limited — Investor Presentation Q2 & H1 FY27 2 Q2 & H1 FY27 Financial Performance What we delivered this quarter Excel Industries Limited — Investor Presentation Q2 & H1 FY27 3 M.D.'s Statement — Q2 & H1 FY27 Performance and Outlook Diversification lifted margins in a weak agro season; focus areas to drive H2 Q2 & H1 performance Despite a monsoon at 87% of normal and underperformance of our key agrochemical intermediate DETC YoY Q2 revenue grew 2%, EBITDA 22% and PAT 42%. In H1, revenue held at 98% of last year, while EBITDA grew 9% and PAT 7%. What drove it Mr. Ravi A. Shroff Managing Director Performance Solutions, Contract Manufacturing and YP Derivatives offset the agro slowdown, and Q2 exports rose to ₹81 Cr from ₹47 Cr. Better realizations and cost discipline lifted EBITDA margin to 13.3% in Q2 and “Our diversification 13.9% in H1. strategy is delivering — Growth in Q 2 revenues and EBITDA over PY despite the challenging Outlook for Q3 agrochemical market conditions and Agro demand is likely to stay soft in Q3 and cost pressures may continue due underperformance of to RM price volatility. We will stay focused on our growth areas, execute DETC - our key current contracts, build the pipeline and launch new Performance Solutions Agrochemicals products in Q3. Intermediate. Excel Industries Limited — Investor Presentation Q2 & H1 FY27 4 Q2 & H1 FY27 Results Highlights (Standalone) Margins expanded despite a weak agro season — diversification is working Q2 FY27 H1 FY27 ₹275 Cr ₹37 Cr ₹27 Cr ₹568 Cr ₹79 Cr ₹56 Cr Revenue EBITDA PAT Revenue EBITDA PAT +2% YoY +22% YoY +42% YoY −2% YoY +9% YoY +7% YoY EBITDA margin 13.3% (+220 bps YoY) EBITDA margin 13.9% (+140 bps YoY) Resilient in a weak agro season Diversification is delivering Monsoon at 87% of normal hit agro demand, and DETC Performance Solutions, Contract Manufacturing and YP sales were the lowest in 11 years in Q2. Still, Q2 Derivatives offset the agro slowdown and improved revenue grew 2% and H1 held at 98% of last year. the revenue mix. Margins expanded Growth engines scaling up Better realizations, cost discipline and well-timed raw- Contract manufacturing ramped up and adding high- material buying lifted EBITDA margin to 13.3% in Q2 margin revenue; market share held in key products. and 13.9% in H1. Excel Industries Limited — Investor Presentation Q2 & H1 FY27 5 Standalone performance in Q2 FY27 Revenue +2%; EBITDA +22% and PAT +42% as EBITDA margin rose 220 bps Revenue (₹ in Crs) EBITDA (₹ in Crs) PAT (₹ in Crs) +2% +22% +42% 270 275 37 27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Revenue Profile (₹ in Crs) EBITDA Margin (%) PAT Margin (%) 270 275 13.3% 9.7% 11.1% 6.9% Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Domestic Export Excel Industries Limited — Investor Presentation Q2 & H1 FY27 6 Standalone performance in H1 FY27 Revenue at 98% of last year; EBITDA +9% and PAT +7% on 140 bps margin gain Revenue (₹ in Crs) EBITDA (₹ in Crs) PAT (₹ in Crs) -2% +9% +7% 580 568 79 56 72 52 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Revenue Profile (₹ in Crs) EBITDA Margin (%) PAT Margin (%) 579 569 13.9% 9.8% 12.5% 9.0% 462 427 117 142 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Domestic Export Excel Industries Limited — Investor Presentation Q2 & H1 FY27 7 Sustainability Excellence EcoVadis Silver: score of 80/100, 93rd percentile globally EcoVadis score of 80/100: 93rd percentile globally (Sep 2026) Our performance across the four sustainability themes Environment Labour & Ethics Sustainable The EcoVadis rating recognises our: Human Procurement Rights • Stronger sustainability management systems 84/100 80/100 80/100 69/100 • Deeper value-chain engagement • Improved environmental performance • Greater transparency in reporting The assessment also reflect [Showing first 8,000 characters — download PDF for full document]