ALFA Finder| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | 14% YoY growth to ₹662 crore, led by flavor segment. |
|---|---|
| Margins | EBITDA margins improved to 13.4% from 12.6% YoY. |
| Demand visibility | Strong demand in personal and home care; cautious on macro shifts. |
| Management confidence | Cautiously optimistic; focusing on R&D and global market expansion. |
Growth
Revenue grew 14% to ₹662 crore; EBITDA rose 21% with margins improving to 13.4% due to favorable product mix.
Outlook
Management guides for double-digit revenue growth and improved margins for full FY27.
Risks
Net debt increased by ₹65 crore to ₹1,130 crore; geopolitical volatility in West Asia impacts trade and costs.
Last quarter's promises, checked
Delivered
- Guided Q1 FY27 normal operations → delivered 14% revenue growth (= BEAT)
- Guided 13%+ adjusted EBITDA margin → delivered 13.4% (= BEAT)
- Guided 95%+ pass-through of cost inflation → delivered 95% pass-through (= BEAT)
Partly delivered
- Guided ₹140cr FY27 capex → delivered ₹50cr in Q1 (= PARTIAL)
Missed
- Guided debt reduction of 10% annually → delivered ₹65cr debt increase (= MISS)
Earnings Call Transcript filed with NSE, NSE: SHK. Summary written with AI assistance from the document.
S H Kelkar & Company Ltd: key numbers
- Share price
- ₹132.85
- Market cap
- ₹1,839 Cr
- Revenue (annual)
- ₹2,368 Cr
- Net profit (annual)
- ₹69.26 Cr
- P/E (TTM)
- 19.5×Sector 41.3×
- Promoter holding
- 54.87%+0.00% QoQ
- FII holding
- 5.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from S H Kelkar & Company Ltd
All →S H Kelkar & Company Annual General Meeting
S H Kelkar and Company has issued a postal ballot notice seeking shareholder approval for three independent director re-appointments and one non-executive director appointment. E-voting runs from 9 November to 8 December 2026.
S H Kelkar & Company Earnings Call Transcript: Key Takeaways
SH Kelkar reported robust growth driven by the flavor segment, though consolidated margins remain compressed by overseas expansion costs.
- Call
- Guides 12% growth
S H Kelkar & Company Results Update
S H Kelkar and Company released its Q2 and H1 FY27 results press release and investor presentation. H1 revenue rose 14.5% and EBITDA margin reached 13.0%.
S H Kelkar & Company Management Change
S H Kelkar appointed Sumedha Karmarkar as non-executive director and re-appointed three independent directors for five-year terms. Changes take effect between November 2026 and May 2027.
- Execution
- 60 months for each re-appointed independent director; term for Sumedha Karmarkar not stated
S H Kelkar & Company Q2 FY27 Results: Net Profit ₹14.6 Cr, Up 58.7% YoY
S H Kelkar & Company Ltd reported revenue from operations of ₹636.2 Cr (+14.9% YoY) and net profit of ₹14.6 Cr (+58.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹14.6 Cr · +58.7% YoY
S H Kelkar & Company Legal & Regulatory
S H Kelkar received cautionary letters from BSE and NSE for filing late the schedule of an analyst meet held on March 3, 2025. The company states the matter had no financial impact.