@Suresh Bonam
Not out of box. You can build custom.
CSV is still an option.
If your source is streaming data in real-time then Flume is a reasonable option. An alternative is Apache NiFi. Assuming the streaming in real-time and willingness for Flume, the target files to be stored to HDFS will have a similar structure (no transformation in flight). Apache NiFi could help you to perform some transformation in-flight as such the file at the target is easier to consume, e.g. Hive external tables. You could achieve something like that with Flume but with coding and pain involved.
If your Excel is static then you should use something else like a MapReduce or Spark job.