S H Kelkar & Company Credit Rating

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.

Shree Ajit Pulp & Paper Credit Rating

ICRA reaffirmed Shree Ajit Pulp & Paper's ratings at BBB+ long-term and A2 short-term. The outlook was revised to Positive from Stable.

Bhagyanagar India Credit Rating

ICRA assigned an [ICRA]A- (Stable) rating to Tieramet Limited's long-term fund-based bank facilities. Bhagyanagar India disclosed the rating covering a Rs.654 Crore facility.

Aye Finance Credit Rating

ICRA upgraded Aye Finance's credit rating to A+ with a Stable outlook. The upgrade signals improved creditworthiness for investors.

Shristi Infrastructure Development Corporation Credit Rating

Brickwork Ratings reviewed and assigned BWR C to Shristi Infrastructure's Rs.145 crore secured redeemable NCDs. The filing intimates the rating under Regulations 30, 51 and 55.

Adani Power Credit Rating

ICRA upgraded Adani Power's long-term rating to AA+ (Stable) from AA and reaffirmed its short-term A1+ rating. The action covers about ₹90,500 Crore of rated facilities.

Sahyadri Industries Credit Rating

ICRA upgraded Sahyadri Industries' long-term bank facilities to [ICRA]A (Stable) and short-term facilities to [ICRA]A1. The action covers existing bank limits and involves no new capital raised.