Please refer enclosed file
SHK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
S H Kelkar and Company (KEVA) reported consolidated revenue from operations of Rs 2,368.26 crore for FY 2025-26, up 11.5% from Rs 2,123.40 crore in the previous year. However, profit after tax declined to Rs 69.15 crore from Rs 73.01 crore in the prior year, a decrease of about 5.3%. The company earned an exceptional gain of Rs 35.92 crore during the year from insurance claims and scrap sale related to the April 2024 Vashivali plant fire. For Q4 standalone, revenue was Rs 649.90 crore but profit for the quarter was only Rs 1.80 crore, significantly lower than Rs 10.251 crore in Q4 FY25. The statutory auditors Deloitte Haskins & Sells LLP issued an unmodified opinion on both standalone and consolidated results. The company also announced appointment of B S R & Co. LLP as new statutory auditors for a 5-year term from the 70th AGM.
The stock may see mixed reaction as revenue growth of 11.5% is decent but PAT decline indicates margin pressure. The clean audit opinion is positive. Appointment of new auditors B S R & Co. LLP marks a significant change in audit firm.