Announced Fri, 15 May · 20:15 IST

Please refer enclosed file

Auditor Mid Year ChangeExceptional ItemResults View source PDF

SHK · price

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▲ 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, profit after tax declined to ₹69 crore from ₹73 crore in the prior year. Q4 FY26 was particularly weak with PAT of just ₹1.80 crore. The company recorded an exceptional gain of ₹35.92 crore from insurance claim recovery related to the April 2024 fire at its Vashivali plant. EBITDA margin remained stable at around 12.1%. The company also announced appointment of new auditors - B S R & Co. LLP will replace Deloitte Haskins & Sells as statutory auditors subject to shareholder approval at the 70th AGM on July 31, 2026.

Likely market impact

Revenue growth is positive but the decline in profitability despite higher sales may concern investors. The appointment of new statutory auditors (B S R & Co. replacing Deloitte) is a significant governance change. Cash flow from operations improved to ₹263 crore.