About S H Kelkar & Company Ltd 
S H Kelkar & Company Ltd
Small Cap
Specialty Chemicals
S H Kelkar & Company Limited was incorporated on July 1, 1955 in Mumbai. After incorporation, the Company took over businesses carried on by Mr. V.G. Vaze as a sole proprietor of M/s S.H. Kelkar & Co and in partnership by the Firm 'M/s Saraswati Chemical Works'. The Company is the largest Indian-origin fragrance & flavour company in India.
Company Coordinates 
Company Details
Devkaran Mansion, 36 Mangaldas Road Mumbai Maharashtra : 400002
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 138.42 Cr
Number of Shares
13.84 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
17-Jan-2022
13.84
138.42
-2900000
10
Buy Back of Shares
07-Aug-2019
14.13
141.32
-3300000
10
Buy Back of Shares
16-Nov-2015
14.46
144.62
11666666
10
Public Issues
16-Nov-2015
14.46
144.62
11666666
10
Public Issues
05-Oct-2015
13.3
132.95
683135
10
Conversion of Preference Shares
05-Oct-2015
13.3
132.95
683135
10
Conversion of Preference Shares
18-Sep-2014
1.32
13.23
13094829
10
Stock Split
18-Sep-2014
13.23
132.27
119043900
10
Bonus
18-Sep-2014
1.32
13.23
13094829
10
Stock Split
18-Sep-2014
13.23
132.27
119043900
10
Bonus
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
5.662
Mutual Funds
Held by 5 Schemes (4.5%)
FIIs
Held by 57 FIIs (7.36%)
Promoter with highest holding
Ramesh Vinayak Vaze Family Trust (ramesh Vaze, Prabha Vaze & Kedar Vaze-in The Capacity Of Trustee) (19.51%)
Highest Public shareholder
Firmenich Aromatics Production (india) Pvt Ltd (10.2%)
Individual Investors Holdings
17.51%
Management
Designation
Remuneration
Ramesh Vinayak Vaze
Chairman (Non-Executive)
60.0 lacs
Prabha Ramesh Vaze
Non-Exec & Non-Independent Dir
8.0 lacs
Kedar Ramesh Vaze
Whole-time Director
2.83 cr
Shrikant Oka
Non-Exec. & Independent Dir.
16.0 lacs
Mark Elliott
Non-Exec. & Independent Dir.
7.0 lacs
Vasant Gujarathi.
Independent Director
15.0 lacs
Neela Bhattacherjee
Independent Director
9.0 lacs
Rohit Saraogi
Company Sec. & Compli. Officer
0
Deepak Raj Bindra
Non-Exec. & Independent Dir.
11.0 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Raw Materials consumed
844.48
0%
Raw Materials consumed
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Export Incentive
0.96
0.14%
Scrap
0.73
0.10%
Export Incentive
Export Incentive
Scrap
Scrap
Revenue and Profits:
Net Sales:
554 Cr
(Quarterly Results - Sep 2025)
Net Profit:
9 Cr
Specialty Chemicals
INR 2,292 Cr (Small Cap)
25.00
40
0.59%
0.60
7.03%
1.75






