Announced Fri, 15 May · 20:01 IST

Please refer enclosed file

Pat NegativeEbitda Margin CompressionExceptional ItemAuditor Mid Year ChangeResults View source PDF

SHK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.7%1-day move
₹133.50
prior close
₹130.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-4.9-7.6-5.5-5.7-6.0-5.2-4.1+2.2+1.6-6.6+4.9-2.6
Up moveDown movePending
AI summary

S H Kelkar and Company (Keva) reported FY2026 consolidated revenue of ₹2,368 crore, up 11.5% from ₹2,123 crore in FY2025. However, net profit declined 5.3% to ₹69.15 crore from ₹73.01 crore, with EPS at ₹5.00 vs ₹5.31 prior year. The company recognized ₹35.92 crore as exceptional item from insurance claims related to the April 2024 Vashivali plant fire. Deloitte Haskins & Sells issued unmodified (clean) audit opinions on both standalone and consolidated results. The board approved appointment of B S R & Co. LLP as new statutory auditors for 5 years (replacing Deloitte) and Ernst & Young as internal auditors. Cash position deteriorated significantly with negative cash of ₹84 crore (vs positive ₹20 crore last year), while total borrowings increased to ₹851 crore.

Likely market impact

Revenue grew modestly at 11.5% but profitability declined due to higher costs and finance expenses. The company has negative cash reserves and rising debt levels which could concern investors. Positive factors include clean audit opinion and ongoing insurance recoveries from the fire incident.