Excel Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	7.8yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO

Excel Industries has no CEO, or we have no data on them.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashwin Shroff	Executive Chairman	49.3yrs	₹25.88m	1.36% ₹ 265.3m
Pradeep Ghattu	President & COO	no data	₹7.42m	0.00040% ₹ 77.9k
Devendra Dosi	Chief Financial Officer	6.8yrs	₹7.99m	no data
Neha Tiwari	Vice President of HR	7.8yrs	₹5.31m	no data
Ravi Shroff	MD & Executive Director	no data	₹29.08m	0.38% ₹ 73.8m
Hrishit Shroff	President of Environment	no data	₹17.60m	0.38% ₹ 73.8m
Sanjay Sapate	Vice President of Manufacturing	no data	₹5.81m	no data
Surendra Singhvi	Compliance Officer & Company Secretary	14.8yrs	₹2.36m	no data
B. Balachandran	President of Chemicals Division	no data	no data	no data

7.8yrs

Average Tenure

56yo

Average Age

Experienced Management: 500650's management team is seasoned and experienced (7.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashwin Shroff	Executive Chairman	49.3yrs	₹25.88m	1.36% ₹ 265.3m
Ravi Shroff	MD & Executive Director	10.2yrs	₹29.08m	0.38% ₹ 73.8m
Hrishit Shroff	President of Environment	5.4yrs	₹17.60m	0.38% ₹ 73.8m
Ghattu Narayana	Chairman Emeritus	no data	₹1.33m	no data
Harish Motiwalla	Independent Non-Executive Director	22.5yrs	₹1.20m	no data
Shekhar Khanolkar	Independent Director	less than a year	no data	no data
Vihang Virkar	Independent Director	less than a year	no data	no data
Rajesh Varma	Independent Director	less than a year	no data	no data
Meena Galliara	Non-Executive Independent Director	5.4yrs	₹540.00k	no data
Ninad Gupte	Independent Director	less than a year	no data	0.00095% ₹ 185.0k
Dinesh Bhagat	Nominee Director	1.7yrs	₹350.00k	no data

3.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 500650's board of directors are considered experienced (3.5 years average tenure).

Excel Industries Management

Management criteria checks 2/4

Key information

Recent management updates

High number of new directors

Excel Industries Limited Announces Demise of Mr. Atul G. Shroff, Non Executive - Non Independent Director

Excel Industries Limited, Annual General Meeting, Sep 19, 2024

Excel Industries Limited Announces Resignation of N. R. Kannan as Chief Executive Officer, Effective June 30, 2024

Excel Industries Limited, Annual General Meeting, Sep 14, 2023

Insufficient new directors

Recent updates

High number of new directors

Excel Industries Limited Announces Demise of Mr. Atul G. Shroff, Non Executive - Non Independent Director

Excel Industries Limited to Report Q2, 2025 Results on Nov 12, 2024

Excel Industries Limited Approves Final Dividend for the Financial Year Ended 31 March, 2024

Upcoming dividend of ₹5.50 per share

Dividend reduced to ₹5.50

Excel Industries Limited, Annual General Meeting, Sep 19, 2024

First quarter 2025 earnings released: EPS: ₹24.68 (vs ₹4.67 in 1Q 2024)

Excel Industries Limited to Report Q1, 2025 Results on Aug 09, 2024

Full year 2024 earnings released: EPS: ₹13.53 (vs ₹63.59 in FY 2023)

Excel Industries Limited Recommends Dividend for the Financial Year 2023-24

Now 24% overvalued after recent price rise

Excel Industries Limited to Report Q4, 2024 Results on May 24, 2024

Third quarter 2024 earnings released: EPS: ₹2.13 (vs ₹14.86 in 3Q 2023)

Excel Industries Limited Announces Resignation of N. R. Kannan as Chief Executive Officer, Effective June 30, 2024

Excel Industries Limited to Report Q2, 2024 Results on Nov 08, 2023

Excel Industries Limited Declares Final Dividend for the Financial Year Ended 31 March, 2023

Upcoming dividend of ₹11.25 per share at 1.2% yield

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: ₹4.67 (vs ₹29.47 in 1Q 2023)

Excel Industries Limited, Annual General Meeting, Sep 14, 2023

Excel Industries Limited to Report Q1, 2024 Results on Aug 11, 2023

Excel Industries Limited Recommends A Dividend for the Fiscal Year 2022-23

Full year 2023 earnings released: EPS: ₹63.59 (vs ₹128 in FY 2022)

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: ₹14.86 (vs ₹61.93 in 3Q 2022)

Excel Industries Limited to Report Q3, 2023 Results on Feb 10, 2023

Insufficient new directors

Excel Industries Limited to Report Q2, 2023 Results on Nov 11, 2022

Excel Industries Limited Announces Resignation of Collu Vikas Rao as Director

Excel Industries Limited Approves Dividend

Upcoming dividend of ₹22.50 per share

Excel Industries Limited, Annual General Meeting, Sep 23, 2022

First quarter 2023 earnings released: EPS: ₹29.47 (vs ₹17.04 in 1Q 2022)

Investor sentiment improved over the past week

Excel Industries Limited to Report Q1, 2023 Results on Aug 09, 2022

Full year 2022 earnings released: EPS: ₹128 (vs ₹56.55 in FY 2021)

Excel Industries Limited Recommends Dividend for the Fiscal Year 2021-22

Investor sentiment deteriorated over the past week

Excel Industries Limited to Report Q4, 2022 Results on May 27, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Excel Industries Limited to Report Q3, 2022 Results on Feb 11, 2022

Upcoming dividend of ₹11.25 per share

Additional Nominee Director Praveen Molri has left the company

First quarter 2022 earnings released: EPS ₹17.04 (vs ₹6.54 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹56.55 (vs ₹76.43 in FY 2020)

Excel Industries Limited Recommends Dividend for the Fiscal 2021

Investor sentiment improved over the past week

New 90-day high: ₹925

Third quarter 2021 earnings released: EPS ₹20.80 (vs ₹12.91 in 3Q 2020)

Excel Industries Limited to Report Q4, 2020 Results on Feb 12, 2021

New 90-day low: ₹813

Second quarter 2021 earnings released: EPS ₹13.22

Excel Industries Limited to Report Q2, 2021 Results on Nov 06, 2020

Excel Industries Limited to Report Q1, 2021 Results on Aug 13, 2020

Excel Industries Limited to Work with Reduced Workfore Till July 26, 2020

CEO

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age