diff --git a/pandas/io/excel/_base.py b/pandas/io/excel/_base.py
index 10b8a5b202872..5e5318a746b94 100644
--- a/pandas/io/excel/_base.py
+++ b/pandas/io/excel/_base.py
@@ -1662,7 +1662,7 @@ def __init__(
                     f"only the xls format is supported. Install openpyxl instead."
                 )
             elif ext and ext != "xls":
-                stacklevel = find_stack_level()
+                stacklevel = find_stack_level(inspect.currentframe())
                 warnings.warn(
                     f"Your version of xlrd is {xlrd_version}. In xlrd >= 2.0, "
                     f"only the xls format is supported. Install "