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The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Excel Industries's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Excel Industries's Dividend Payout Ratio or its related term are showing as below:
NSE:EXCELINDUS'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.23 Max: 1.3
Current: 0.23
During the past 13 years, the highest Dividend Payout Ratio of Excel Industries was 1.30. The lowest was 0.08. And the median was 0.23.
NSE:EXCELINDUS's Dividend Payout Ratio is ranked better than 70.67% of 907
companies
in the Chemicals industry
Industry Median: 0.36
vs NSE:EXCELINDUS: 0.23
During the past 12 months, Excel Industries's average Dividends Per Share Growth Rate was 150.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -15.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Excel Industries was 85.60% per year. The lowest was -21.20% per year. And the median was 20.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Excel Industries (NSE:EXCELINDUS) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Excel Industries Dividend Payout Ratio Related Terms
Excel Industries Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Excel Industries's Dividend Payout Ratio 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.
NSE:EXCELINDUS vs LIN, SHW, ECL: Dividend Payout Ratio Comparison
For the Specialty Chemicals subindustry, Excel Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Excel Industries's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Excel Industries's Dividend Payout Ratio falls into.
Excel Industries Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Excel Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:EXCELINDUS) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Excel Industries and its competitors. Over the past decade, Excel Industries' Dividend Payout Ratio has ranged from 0.08 to 1.30. According to the industry distribution chart, Excel Industries ranks #266 out of 907 companies in the Chemicals industry, placing it in the top 29.3%.
Is Excel Industries' Dividend Payout Ratio too high?
Excel Industries' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.30. Based on the distribution chart, Excel Industries ranks #266 out of 907 companies in the Chemicals industry, which is above the industry midpoint. Overall, Excel Industries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excel Industries' Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Excel Industries ranks #266 out of 907 companies for Dividend Payout Ratio. This puts Excel Industries in the upper half of its industry. The industry median Dividend Payout Ratio is 0.36. Historically, Excel Industries' own Dividend Payout Ratio has ranged from 0.08 to 1.30 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Chemicals company?
The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Excel Industries and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excel Industries's current Dividend Payout Ratio is 0.00. 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 ₹1,167.48, compared to a current price of ₹890.85 — trading 23.7% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Excel Industries' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Excel Industries (NSE:EXCELINDUS), the current Dividend Payout Ratio is 0.00 as of Mar. 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 ₹890.85 is trading 23.7% below its estimated GF Value™ of ₹1,167.48.
GuruFocus considers Excel Industries to be Modestly Undervalued.
Key valuation signals for NSE:EXCELINDUS:
Dividend Payout Ratio: 0.00
GF Value™: ₹1,167.48 vs. price of ₹890.85 (23.7% below fair value)
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 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.
74GF Score
Get the complete analysis for NSE:EXCELINDUS
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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