Key Events This Week
18 May: Intraday low amid heavy price pressure; stock closes down 9.71%
18 May: Downgrade to Strong Sell by MarketsMOJO citing weak financials and bearish technicals
19 May: Quality grade downgraded to Below Average amid deteriorating fundamentals
19 May: Valuation shifts to Very Attractive despite market downturn
22 May: Week closes at Rs.126.80, down 6.04% for the week

S H Kelkar & Company Ltd Valuation Shifts to Very Attractive Amid Market Downturn
2026-05-19 08:02:08S H Kelkar & Company Ltd, a small-cap player in the Specialty Chemicals sector, has seen a significant shift in its valuation parameters, moving from an attractive to a very attractive rating. Despite a sharp decline in its share price over recent months, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios now present a compelling case for value investors, especially when compared to its peers and historical benchmarks.
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S H Kelkar & Company Ltd Downgraded to Below Average Quality Amid Deteriorating Fundamentals
2026-05-19 08:00:16S H Kelkar & Company Ltd, a specialty chemicals small-cap, has seen its quality grade downgraded from average to below average, reflecting deteriorating business fundamentals amid a challenging market environment. Key financial metrics such as return on equity (ROE), return on capital employed (ROCE), and earnings growth have weakened, while debt levels remain a concern. This downgrade accompanies a sharp share price decline of 9.7% on 19 May 2026, underscoring investor apprehension.
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S H Kelkar & Company Ltd Hits Intraday Low Amid Price Pressure
2026-05-18 09:31:27S H Kelkar & Company Ltd experienced a significant intraday decline on 18 May 2026, touching a low of Rs 124.65 as the stock faced intense selling pressure. The specialty chemicals company underperformed its sector and broader market indices, continuing a downward trend amid heightened volatility and bearish technical indicators.
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S H Kelkar & Company Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals
2026-05-18 08:16:11S H Kelkar & Company Ltd, a small-cap player in the Specialty Chemicals sector, has been downgraded from a Sell to a Strong Sell rating as of 15 May 2026. This revision reflects deteriorating technical indicators, disappointing financial trends, and concerns over valuation and quality metrics, signalling heightened caution for investors amid sustained underperformance.
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S H Kelkar & Company Ltd Faces Bearish Momentum Amid Technical Downgrade
2026-05-18 08:02:51S H Kelkar & Company Ltd, a specialty chemicals player, has witnessed a marked shift in its technical momentum, with key indicators signalling a bearish trend. The stock’s recent downgrade to a Strong Sell by MarketsMOJO, coupled with a 4.76% decline on 18 May 2026, underscores growing investor caution amid weakening price action and deteriorating technical parameters.
Read full news articleAre S H Kelkar & Company Ltd latest results good or bad?
2026-05-16 19:27:18The latest financial results for S H Kelkar & Company Ltd for the quarter ended March 2026 reveal significant operational challenges despite some positive revenue growth. The company reported net sales of ₹649.94 crores, reflecting an 11.33% sequential increase and a 14.55% year-on-year growth. However, this revenue growth did not translate into profitability, as net profit plummeted to ₹1.85 crores, marking a dramatic decline of 98.20% compared to the same quarter last year. The operating margin also contracted sharply to 9.27%, down from 13.01% in the previous year, indicating a deterioration in operational efficiency. This margin compression is attributed to rising employee costs, which surged by 36.01% year-on-year, and increased interest expenses, which reached ₹15.03 crores, the highest in recent history. Additionally, the company faced an extraordinary tax burden with a tax rate of 87.67%, which sig...
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S H Kelkar Q4 FY26: Profit Collapses 98% Despite Revenue Growth as Tax Burden Soars
2026-05-16 14:48:16S H Kelkar & Company Ltd., India's largest domestic fragrance and flavour company, delivered a deeply concerning performance in Q4 FY26, with consolidated net profit plummeting 98.20% year-on-year to just ₹1.85 crores from ₹102.52 crores in the corresponding quarter last year. The dramatic earnings collapse came despite revenue growth of 14.55%, as an extraordinary tax rate of 87.67% decimated profitability. The stock, currently trading at ₹134.95 with a market capitalisation of ₹1,938 crores, has tumbled 32.83% over the past year, significantly underperforming both the Sensex and the specialty chemicals sector.
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