Excel Industries

Reasons for buying:

Buy PE was reasonable at 14.30 and above 10 years PE median of 9.15.

Earnings have increased 4 times since 2012 but lackluster and revenues 10-Year average is 11.42. I have bought it at a premium and will try to sell it.

Return on equity is below par at 9.16% but the 5-year average is 13.99%.

The market cap of the company is ₹1,099.50cr.

The debt of the company is ₹6.09cr with ₹67.81cr in cash.

Buy date: 12-Nov-2021

Qty: 10 Buy Price: ₹959.00 Buy EPS: 67.06 Buy PE: 14.30

The price of the stock is down about -8.79% from my buy price.

Excel Industries Ltd is a chemical manufacturer based in India. The Company is organized into two business segments namely; the Chemicals segment which comprises industrial and specialty chemicals, pesticides intermediates, polymer and pharma intermediates; and the Environment segment which comprises soil enricher, biopesticides, and bioproducts. Apart from these segments company also focuses on the waste management area where it converts solid waste into organic soil conditioner. The majority of its revenues come from the Indian market, while it also has a presence in the international market.