S H Kelkar & Co.

When is the next results date for S H Kelkar & Co.?

No Upcoming Board Meetings

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.

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

Peers of S H Kelkar & Co. include Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Nocil, Foseco India, Bhansali Engg., Fineotex Chem, and DDev Plastiks. S H Kelkar & Co. has average management risk and growth, with a 1-year return of 30.74%.

Peers: The peers of S H Kelkar & Co. are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Nocil, Foseco India, Bhansali Engg., Fineotex Chem, and DDev Plastiks.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds., SRF, and Foseco India, while Good management risk is found at Fineotex Chem and the rest. Average management risk is noted at Gujarat Fluoroch, Himadri Special, S H Kelkar & Co., Nocil, Bhansali Engg., and DDev Plastiks. Excellent growth is seen at Deepak Nitrite and Himadri Special, while Average growth is observed at Pidilite Inds., Fineotex Chem, and the rest. Below Average growth is found at Gujarat Fluoroch, S H Kelkar & Co., Nocil, Deepak Nitrite, and the rest. Excellent capital structure is noted at Pidilite Inds., SRF, Deepak Nitrite, Nocil, Foseco India, and Bhansali Engg., while Good capital structure is found at Himadri Special and S H Kelkar & Co.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Himadri Special at 41.00%, while the lowest is Nocil at -24.02%. S H Kelkar & Co. has a 1-year return of 30.74%, which is higher than Nocil but lower than Himadri Special. Additionally, the peers with negative six-month returns include Deepak Nitrite, Nocil, Fineotex Chem, and DDev Plastiks.

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

As of March 2023, 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, overseeing the company's operations and governance.

As of March 2023, 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>This team comprises a mix of executive and non-executive members, including independent directors, overseeing the company's operations and governance.

What does S H Kelkar & Co. do?

S H Kelkar & Company Ltd is India's largest fragrance and flavour company, operating in the specialty chemicals sector. As of March 2025, it reported net sales of ₹5,674 Cr and a net profit of ₹1,025 Cr, with a market cap of ₹3,301 Cr.

Overview: <BR>S H Kelkar & Company Ltd is the largest Indian-origin fragrance and flavour company in India, operating within the specialty chemicals industry and categorized as a small-cap company.<BR><BR>History: <BR>The company was incorporated on July 1, 1955, in Mumbai. It took over businesses previously operated by Mr. V.G. Vaze and the firm M/s Saraswati Chemical Works. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 5,674 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,025 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 3,301 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 25.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.59 <BR>Return on Equity: 10.60% <BR>Price to Book: 2.54<BR><BR>Contact Details: <BR>Address: Devkaran Mansion, 36 Mangaldas Road Mumbai Maharashtra : 400002 <BR>Phone: 91-22-21649163 <BR>Email: investors@keva.co.in <BR>Website: http://www.keva.co.in

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.

How big is S H Kelkar & Co.?

As of 24th July, S H Kelkar & Company Ltd has a market capitalization of 3,650.00 Cr, with recent Net Sales of 2,123.40 Cr and a Net Profit of 73.24 Cr. The company has Shareholder's Funds of 1,271.96 Cr and Total Assets of 2,659.80 Cr as of March 2025.

As of 24th July, S H Kelkar & Company Ltd has a market capitalization of 3,650.00 Cr, categorizing it as a Small Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 2,123.40 Cr and a Net Profit of 73.24 Cr.<BR><BR>As of March 2025, the company has Shareholder's Funds amounting to 1,271.96 Cr and Total Assets of 2,659.80 Cr.

Are S H Kelkar & Co. latest results good or bad?

S H Kelkar & Co.'s latest Q2 FY26 results are concerning, with a net profit decline of 76.92% year-on-year and a significant drop in operating margins. Overall, the performance is considered bad, indicating ongoing operational challenges and reduced profitability.

S H Kelkar & Co.'s latest results for Q2 FY26 indicate a challenging performance. The company reported a net profit of ₹9.18 crores, which reflects a significant decline of 76.92% year-on-year. This sharp drop in profitability is concerning, especially as it marks one of the weakest quarterly performances in recent years.<BR><BR>While the revenue saw a modest increase of 2.10% year-on-year, it actually declined by 4.61% compared to the previous quarter. The operating margin has also suffered, falling to 9.55%, down 542 basis points from the same quarter last year, indicating severe margin compression. Additionally, the profit before tax plummeted by 80.93% year-on-year.<BR><BR>These results highlight several critical issues, including elevated interest costs and a significant contraction in profitability. The company's operating profit to interest coverage ratio has deteriorated, raising concerns about its financial flexibility.<BR><BR>Overall, the latest results can be characterized as bad, given the substantial decline in profitability and ongoing operational challenges. Investors may want to approach this stock with caution until there are signs of recovery and stabilization in performance.

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.

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. 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.

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

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

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

As of 22-Jan, S H Kelkar & Company Ltd's stock price is rising to Rs 148.85 after nine days of decline, indicating a potential trend reversal. However, the stock has significantly underperformed over the past year and faces long-term challenges, suggesting caution for investors.

As of 22-Jan, S H Kelkar & Company Ltd's stock price is rising, currently at Rs 148.85, reflecting an increase of Rs 3.3 or 2.27%. This rise comes after a period of nine consecutive days of decline, indicating a potential trend reversal. The stock has outperformed its sector by 0.85% today and reached an intraday high of Rs 151.65, which is a 4.19% increase from its previous price.<BR><BR>Despite this positive movement, the stock has been underperforming over longer time frames, with a significant decline of 29.49% over the past year and a year-to-date drop of 16.87%. The stock is currently trading close to its 52-week low, just 4.94% above Rs 141.5. Additionally, it is trading below all major moving averages, which suggests a bearish trend in the longer term.<BR><BR>Investor participation has increased, with a delivery volume of 2.74 lacs on January 21, which is a 90.3% rise compared to the five-day average. This increase in trading activity may indicate growing interest among investors, contributing to the stock's current rise.<BR><BR>However, the company faces challenges, including a low return on capital employed (ROCE) of 7.6 and a significant drop in profits by 33.9% over the past year. The stock is trading at a discount compared to its peers, but the overall financial health and growth prospects remain concerning, as indicated by the poor long-term growth rate of operating profit at 5.43% annually over the last five years.<BR><BR>In summary, while S H Kelkar & Company Ltd is experiencing a short-term rise in stock price, the underlying fundamentals and long-term performance metrics suggest caution for investors.