S H Kelkar & Co.

Which are the latest news on S H Kelkar & Co.?

Why is S H Kelkar & Company Ltd falling/rising?

As of 05-Sep, S H Kelkar & Company Ltd's stock price has risen by 0.7% to 151.50, reflecting short-term gains and positive moving averages. However, it has declined 43.25% over the past year, indicating long-term underperformance and fundamental weaknesses that may warrant caution among investors.

As of 05-Sep, S H Kelkar & Company Ltd's stock price is currently rising, having increased by 1.05 (0.7%) to a current price of 151.50. This rise can be attributed to a recent trend where the stock has been gaining for the last three days, resulting in a total return of 1.72% during this period. Additionally, the stock's current price is above its 5-day, 50-day, 100-day, and 200-day moving averages, indicating a short-term upward momentum.<BR><BR>However, it is important to note that despite this recent increase, the stock has been underperforming over longer periods. For instance, it has experienced a significant decline of 43.25% over the past year, which is considerably worse than the market average return of 1.51% during the same timeframe. The company's fundamentals also show weaknesses, including a high Debt to EBITDA ratio of 4.24 times and a negative growth in operating profits over the last five years, which may contribute to cautious sentiment among investors.<BR><BR>Moreover, there has been a decrease in investor participation, with delivery volume falling by 4.58% against the 5-day average, suggesting a potential lack of confidence in the stock's long-term prospects. Institutional investors have also reduced their stake by 0.67% in the previous quarter, indicating a decline in support from more knowledgeable market participants.<BR><BR>In summary, while the stock is currently rising due to short-term gains and favorable moving averages, its long-term performance and fundamental weaknesses suggest that caution may be warranted.

Who are in the management team of S H Kelkar & Co.?

The management team of S H Kelkar & Co. includes Ramesh Vinayak Vaze (Chairman), Kedar Ramesh Vaze (Whole-time Director), and several non-executive and independent directors such as Shrikant Oka and Mark Elliott, along with Rohit Saraogi as Company Secretary.

The management team of S H Kelkar & Co. includes the following individuals:<BR><BR>1. **Ramesh Vinayak Vaze** - Chairman (Non-Executive)<BR>2. **Prabha Ramesh Vaze** - Non-Executive & Non-Independent Director<BR>3. **Kedar Ramesh Vaze** - Whole-time Director<BR>4. **Shrikant Oka** - Non-Executive & Independent Director<BR>5. **Mark Elliott** - Non-Executive & Independent Director<BR>6. **Vasant Gujarathi** - Independent Director<BR>7. **Neela Bhattacherjee** - Independent Director<BR>8. **Rohit Saraogi** - Company Secretary & Compliance Officer<BR>9. **Deepak Raj Bindra** - Non-Executive & Independent Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

What does S H Kelkar & Co. do?

S H Kelkar & Company Ltd manufactures and exports fragrances and aroma ingredients in the specialty chemicals industry. As of June 2026, it reported net sales of ₹662 Cr and a net profit of ₹45 Cr, with a market cap of ₹2,077 Cr.

Overview:<BR>S H Kelkar & Company Ltd is engaged in the manufacture, supply, and export of fragrances and aroma ingredients, operating within the specialty chemicals industry and classified as a small-cap company.<BR><BR>History:<BR>The company was incorporated on July 1, 1955, in Mumbai, taking over businesses previously operated by Mr. V.G. Vaze and the partnership firm 'M/s Saraswati Chemical Works'. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 662 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 45 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 2,077 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 45.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.66% <BR>Debt-Equity: 0.71 <BR>Return on Equity: 3.33% <BR>Price to Book: 1.55 <BR><BR>Contact Details:<BR>Address: Devkaran Mansion, 36 Mangaldas Road Mumbai Maharashtra : 400002 <BR>Tel: 91-22-21649163 <BR>Email: investors@keva.co.in <BR>Website: http://www.keva.co.in

Who are the peers of the S H Kelkar & Co.?

Peers of S H Kelkar & Co. include Jubilant Agri, Bhansali Engg., DDev Plastiks, NOCIL, Rossari Biotech, Camlin Fine, Paushak, Vidhi Specialty, Indokem, and Titan Biotech. S H Kelkar & Co. has average management risk and growth, with a 1-year return of -39.60%.

Peers: The peers of S H Kelkar & Co. are Jubilant Agri, Bhansali Engg., DDev Plastiks, NOCIL, Rossari Biotech, Camlin Fine, Paushak, Vidhi Specialty, Indokem, and Titan Biotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jubilant Agri, DDev Plastiks, NOCIL, and Rossari Biotech, while Average management risk is found at Bhansali Engg., S H Kelkar & Co., Paushak, Vidhi Specialty, and Titan Biotech. Below Average management risk is noted at Camlin Fine and Indokem. For growth, Excellent growth is seen at Jubilant Agri, Good growth at DDev Plastiks, Average growth at Rossari Biotech, and Below Average growth at Bhansali Engg., S H Kelkar & Co., NOCIL, Camlin Fine, Paushak, Vidhi Specialty, and Titan Biotech. Capital Structure ratings show Excellent at Jubilant Agri, Bhansali Engg., DDev Plastiks, NOCIL, Rossari Biotech, and Paushak, Average at S H Kelkar & Co., and Below Average at Camlin Fine, Indokem, and Titan Biotech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indokem at 55.94%, while the lowest is Camlin Fine at -49.11%. S H Kelkar & Co.'s 1-year return is -39.60%, which is higher than Camlin Fine's but lower than Indokem's. Additionally, the six-month return is negative for Camlin Fine, Rossari Biotech, and S H Kelkar & Co.

How big is S H Kelkar & Co.?

As of 31st August, S H Kelkar & Company Ltd has a market capitalization of 2,077.00 Cr, with recent Net Sales of 2,449.69 Cr and a Net Profit of 89.09 Cr.

As of 31st August, S H Kelkar & Company Ltd has a market capitalization of 2,077.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,449.69 Cr and a Net Profit of 89.09 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 1,361.89 Cr and Total Assets of 2,883.95 Cr.

Are S H Kelkar & Company Ltd latest results good or bad?

S H Kelkar & Company Ltd's latest results show strong revenue and profit growth, with a net profit increase of 77.55% year-on-year. However, concerns about margin sustainability, operational efficiency, and low return on equity suggest caution for long-term investors.

S H Kelkar & Company Ltd's latest results present a mixed picture. On one hand, the company reported a significant net profit of ₹45.40 crores for Q1 FY27, which marks a remarkable increase of 77.55% year-on-year. Revenue also grew by 14.11% to ₹662.42 crores, indicating sustained demand for its products in the fragrance and aroma sectors.<BR><BR>However, despite these headline figures, there are underlying challenges that raise concerns about the company's long-term prospects. The operating margin improved to 13.44%, but this remains volatile and below historical performance levels. The profit after tax margin of 6.80% shows that while there is growth, converting revenue into profit remains a struggle, especially when compared to previous years.<BR><BR>Additionally, the company's return on equity (ROE) has dropped to a concerning 3.32%, significantly below industry standards, indicating inefficiencies in capital utilization. The increase in employee costs outpacing revenue growth suggests potential operational inefficiencies that need to be addressed.<BR><BR>Overall, while the latest results show some positive trends, the persistent challenges in margin sustainability, operational efficiency, and capital returns suggest that the company's long-term investment appeal is questionable. Investors may want to approach with caution given these factors.

Should I buy, sell or hold S H Kelkar & Company Ltd?

When is the next results date for S H Kelkar & Company Ltd?

The next results date for S H Kelkar & Company Ltd is 28 July 2026.

The next results date for S H Kelkar & Company Ltd is scheduled for 28 July 2026.

Is S H Kelkar & Co. technically bullish or bearish?

As of November 26, 2025, S H Kelkar & Co. is in a bearish trend with moderate strength, indicated by bearish signals from the weekly MACD, Bollinger Bands, and daily moving averages, while monthly indicators show mild bearishness.

As of 26 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the weekly MACD and Bollinger Bands both signaling bearish conditions, along with daily moving averages also indicating a bearish trend. The monthly MACD and KST are mildly bearish, suggesting some weakness but not a strong sell signal. The Dow Theory shows no trend on a weekly basis but is mildly bearish on a monthly basis. Overall, the combination of these indicators points to a bearish outlook for S H Kelkar & Co.

How has been the historical performance of S H Kelkar & Co.?

S H Kelkar & Co. has shown consistent growth in net sales, reaching 2,123.40 crore in March 2025, but profitability metrics have declined, with profit after tax dropping to 75.46 crore from 123.80 crore the previous year. Total assets and liabilities increased, indicating a rise in debt to 744.85 crore, while cash flow from operating activities decreased.

Answer:<BR>The historical performance of S H Kelkar & Co. shows a consistent growth trend in net sales and total operating income over the past several years, culminating in net sales of 2,123.40 crore in March 2025, up from 1,840.83 crore in March 2024 and 1,686.52 crore in March 2023. The total operating income followed a similar trajectory, reaching 2,123.40 crore in March 2025. However, the total expenditure also increased, amounting to 1,826.39 crore in March 2025, compared to 1,537.58 crore in March 2024. Operating profit, excluding other income, was 297.01 crore in March 2025, slightly down from 303.25 crore in the previous year, while the overall operating profit stood at 320.86 crore. Profit before tax decreased to 116.19 crore in March 2025 from 183.28 crore in March 2024, leading to a profit after tax of 75.46 crore, down from 123.80 crore. The earnings per share also declined to 5.29 in March 2025 from 8.84 in March 2024. <BR><BR>In terms of assets and liabilities, total assets increased to 2,659.80 crore in March 2025 from 2,380.68 crore in March 2024, with total liabilities also rising to 2,659.80 crore. The company’s total debt rose to 744.85 crore in March 2025, compared to 616.92 crore in March 2024. Cash flow from operating activities showed a decrease to 107.00 crore in March 2024 from 196.00 crore in March 2023, while net cash inflow was positive at 32.00 crore in March 2024, following a negative outflow in the previous year. Overall, while S H Kelkar & Co. has demonstrated growth in sales and operating income, profitability metrics have shown volatility, and the increase in liabilities and debt warrants attention.<BR><BR>Breakdown:<BR>S H Kelkar & Co. has shown a steady increase in net sales, reaching 2,123.40 crore in March 2025, up from 1,840.83 crore in March 2024. This growth in total operating income mirrors the sales trend, with a total of 2,123.40 crore reported in March 2025. However, total expenditure also rose to 1,826.39 crore, impacting profitability. Operating profit, excluding other income, was slightly lower at 297.01 crore in March 2025 compared to 303.25 crore in March 2024, while the overall operating profit was 320.86 crore. Profit before tax saw a significant drop to 116.19 crore, resulting in a profit after tax of 75.46 crore, down from 123.80 crore the previous year. The earnings per share decreased to 5.29 from 8.84. On the balance sheet, total assets increased to 2,659.80 crore, with total liabilities also rising to the same figure, indicating a growing debt level of 744.85 crore. Cash flow from operating activities decreased to 107.00 crore, reflecting a challenging cash flow environment despite a positive net cash inflow of 32.00 crore in March 2024.

Is S H Kelkar & Co. overvalued or undervalued?

As of November 10, 2025, S H Kelkar & Co. is considered very attractive and undervalued in the specialty chemicals industry, with a PE ratio of 27.97 and a Price to Book Value of 0.20, especially compared to its expensive peers like Solar Industries and Gujarat Fluorochemicals, despite a year-to-date stock decline of 23.35%.

As of 10 November 2025, the valuation grade for S H Kelkar & Co. has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, particularly in comparison to its peers in the specialty chemicals industry. Key ratios include a PE ratio of 27.97, an EV to EBITDA of 30.82, and a Price to Book Value of 0.20, which suggest that the company is trading at a lower valuation relative to its earnings and assets.<BR><BR>In contrast, peers such as Solar Industries and Gujarat Fluorochemicals are classified as very expensive, with PE ratios of 96.11 and 62.86, respectively. This highlights S H Kelkar & Co.'s relative attractiveness in the market. Despite recent stock performance trailing the Sensex, with a year-to-date decline of 23.35% compared to the Sensex's gain of 6.91%, the company's strong valuation metrics suggest it may present a compelling investment opportunity moving forward.

Who are the top shareholders of the S H Kelkar & Co.?

The top shareholders of S H Kelkar & Co. include the Ramesh Vinayak Vaze Family Trust with 19.51%, institutional investors holding 10.98% (including 7.22% from FIIs), and individual investors at 18.6%, reflecting a strong promoter presence alongside diverse institutional and public participation.

The top shareholders of S H Kelkar & Co. include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with the Ramesh Vinayak Vaze Family Trust being the largest individual shareholder, holding 19.51%. <BR><BR>In terms of institutional holdings, mutual funds collectively hold 2.76% through four schemes, while foreign institutional investors (FIIs) have a stake of 7.22% across 57 entities. The highest public shareholder is Firmenich Aromatics Production (India) Pvt Ltd, which holds 10.2%. Additionally, individual investors account for 18.6% of the shareholding. <BR><BR>Overall, the ownership structure reflects a strong presence of promoter holdings alongside significant participation from institutional and individual investors.

Has S H Kelkar & Co. declared dividend?

S H Kelkar & Company Ltd has declared a 7% dividend, amounting to 0.7 per share, with an ex-date of April 12, 2024. Despite the dividend declaration, the dividend yield is 0%, but the company has shown significant total returns over various periods, particularly in the long term.

S H Kelkar & Company Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.7<BR>- Ex-date: 12 Apr 2024<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the past 6 months, the price return was -12.24%, with a dividend return of 0%, resulting in a total return of -12.24%.<BR><BR>Over the last year, the price return was 27.73%, the dividend return was 0%, leading to a total return of 27.73%.<BR><BR>In the 2-year period, the price return was 104.52%, with a dividend return of 2.32%, culminating in a total return of 106.84%.<BR><BR>For the 3-year period, the price return was 89.96%, the dividend return was 2.51%, which resulted in a total return of 92.47%.<BR><BR>In the 4-year period, the price return stood at 54.59%, with a dividend return of 2.33%, leading to a total return of 56.92%.<BR><BR>Finally, over the past 5 years, the price return was 245.75%, the dividend return was 7.50%, resulting in a total return of 253.25%.<BR><BR>Overall, while S H Kelkar & Company Ltd has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant growth, particularly over the longer term, indicating a positive trend in the company's performance despite recent fluctuations.