Excel Industries (NSE:EXCELINDUS) EV-to-EBITDA: 8.32 (As of Sep. 14, 2026) — Near Median

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NSE:EXCELINDUS Excel Industries Ltd NSE:EXCELINDUS
78 GF Score
Price ₹980.80
GF Value ₹1,133.06
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Excel Industries EV-to-EBITDA?

Excel Industries NSE:EXCELINDUS -1.19% 78 EV-to-EBITDA is 8.32 as of Sep. 14, 2026, which is 3% below its 10-year median of 8.54. GuruFocus rates NSE:EXCELINDUS with a GF Score™ of 78/100 and a GF Value™ of ₹1,133.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,348 Chemicals companies, Excel Industries ranks better than 65.8% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Excel Industries's enterprise value is ₹10,973 Mil. Excel Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,319 Mil. Therefore, Excel Industries's EV-to-EBITDA for today is 8.32.

The historical rank and industry rank for Excel Industries's EV-to-EBITDA or its related term are showing as below:

NSE:EXCELINDUS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.25   Med: 8.54   Max: 36.33
Current: 8.32

During the past 13 years, the highest EV-to-EBITDA of Excel Industries was 36.33. The lowest was 3.25. And the median was 8.54.

NSE:EXCELINDUS's EV-to-EBITDA is ranked better than
65.8% of 1348 companies
in the Chemicals industry
Industry Median: 12.225 vs NSE:EXCELINDUS: 8.32

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-14), Excel Industries's stock price is ₹980.80. Excel Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹56.770. Therefore, Excel Industries's PE Ratio (TTM) for today is 17.28.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Excel Industries  (NSE:EXCELINDUS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Excel Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=980.80/56.770
=17.28

Excel Industries's share price for today is ₹980.80.
Excel Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹56.770.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Excel Industries EV-to-EBITDA Related Terms


Excel Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Excel Industries's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Excel Industries EV-to-EBITDA Chart

Excel Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 6.20 12.39 6.76 6.45

Excel Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.23 9.24 8.51 6.45 8.79

NSE:EXCELINDUS vs LIN, SHW, ECL: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Excel Industries's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Excel Industries EV-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Excel Industries's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Excel Industries's EV-to-EBITDA falls into.


NSE:EXCELINDUS
78GF Score
Excel Industries Ltd NSE:EXCELINDUS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excel Industries EV-to-EBITDA Calculation

Excel Industries's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=10972.789/1318.713
=8.32

Excel Industries's current Enterprise Value is ₹10,973 Mil.
Excel Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,319 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.32 mean?
Excel Industries (NSE:EXCELINDUS) has a EV-to-EBITDA of 8.32 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Excel Industries. This is near median its historical median of 8.54. Over the past decade, Excel Industries' EV-to-EBITDA has ranged from 3.25 to 36.33. According to the industry distribution chart, Excel Industries ranks #461 out of 1348 companies in the Chemicals industry, placing it in the top 34.2%.
Is Excel Industries' EV-to-EBITDA too high?
Excel Industries' current EV-to-EBITDA of 8.32 is near median its 10-year median of 8.54. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 36.33. The Chemicals industry median EV-to-EBITDA is 12.23. Excel Industries' value of 8.32 is 31.9% below this industry median. Based on the distribution chart, Excel Industries ranks #461 out of 1348 companies in the Chemicals industry, which is above the industry midpoint. Overall, Excel Industries has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excel Industries' EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Excel Industries ranks #461 out of 1348 companies for EV-to-EBITDA. This puts Excel Industries in the upper half of its industry. The industry median EV-to-EBITDA is 12.23. Excel Industries' value of 8.32 is 31.9% below this benchmark. Historically, Excel Industries' own EV-to-EBITDA has ranged from 3.25 to 36.33 over the past decade. While the company's 10-year median is 8.54 vs. the industry median of 12.23, Excel Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 12.23, based on 1,348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Excel Industries's current EV-to-EBITDA of 8.32 is 31.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Excel Industries. For the Chemicals industry, the median EV-to-EBITDA is 12.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excel Industries's current EV-to-EBITDA is 8.32, which is near median its own 10-year median of 8.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Industries stock overvalued right now?
Based on GuruFocus' analysis, Excel Industries (NSE:EXCELINDUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,133.06, compared to a current price of ₹980.80 — trading 13.4% below its estimated fair value. The current EV-to-EBITDA is 8.32, which is near median its 10-year median of 8.54 and 31.9% below the Chemicals industry median of 12.23. Excel Industries' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Excel Industries (NSE:EXCELINDUS), the current EV-to-EBITDA is 8.32 as of Sep. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Excel Industries (NSE:EXCELINDUS) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Industries stock appears to be undervalued. The current stock price of ₹980.80 is trading 13.4% below its estimated GF Value™ of ₹1,133.06. GuruFocus considers Excel Industries to be Modestly Undervalued.

Key valuation signals for NSE:EXCELINDUS:

  • EV-to-EBITDA: 8.32 (near median its 10-year median of 8.54)
  • GF Value™: ₹1,133.06 vs. price of ₹980.80 (13.4% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 31.9% below the Chemicals median (#461 of 1348)

No single metric tells the full story. See the NSE:EXCELINDUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excel Industries Business Description

Other Exchanges 500650:India
Address 184-87, Swami Vivekanand Road, Jogeshwari (West), Mumbai, MH, IND, 400 102
Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of manufacture of speciality chemicals, intermediates and actives catering to various end user segments like Agrochemicals, Water Treatment, Soaps & Detergents, Lube Oil Additives, Mining Chemicals, Polymer Additives and Pharmaceuticals; and Environment and Biotech segment which comprises of Organic waste management composting, Municipal solid waste management, Plastic waste management and Construction and demolition waste management. The majority of its revenues come from Chemicals segment. It generates maximum revenue from within India.
78GF Score

Get the complete analysis for NSE:EXCELINDUS

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹980.80
Price
₹1,133.06
GF Value