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Earnings Call Transcript

S H Kelkar & Company Earnings Call Transcript: Key Takeaways

SH Kelkar reported a 14% YoY revenue growth in Q1 FY27, driven by strong flavor segment performance and international fragrance markets, though high debt and high effective tax rates remain lingering concerns.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth14% YoY growth to ₹662 crore, led by flavor segment.
MarginsEBITDA margins improved to 13.4% from 12.6% YoY.
Demand visibilityStrong demand in personal and home care; cautious on macro shifts.
Management confidenceCautiously 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)
Source

Earnings Call Transcript filed with NSE, NSE: SHK. Summary written with AI assistance from the document.

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S H Kelkar & Company Ltd: key numbers

Share price
₹142.36
Market cap
₹1,971 Cr
Revenue (annual)
₹2,368 Cr
Net profit (annual)
₹69.26 Cr
P/E (TTM)
22.1×Sector 43.4×
Promoter holding
54.87%+0.00% QoQ
FII holding
5.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Financial Results

S H Kelkar & Company Q1 FY27 Results: Net Profit ₹45.4 Cr, Up 77.3% YoY

S H Kelkar & Company Ltd reported revenue from operations of ₹662.4 Cr (+14.1% YoY) and net profit of ₹45.4 Cr (+77.3% YoY) for Q1 FY27.

Key figure
Net profit ₹45.4 Cr · +77.3% YoY