Q2 FY26 results: revenue up 2% YoY, profit falls 76% on weak margins

Ebitda Margin CompressionExceptional ItemRevenue DeclineResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-13.7%Reaction day

₹217.81

prior close

₹205.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-13.3% vs market

Specialty Chemicals peers, median of 85sector-0.6%-13.1% vs sector

On the reaction day the stock moved 13.3 pts less than Nifty Microcap 250 and 13.1 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

-15.2-0.6-14.6-1.3-13.9

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15d

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 85Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

S H Kelkar's Q2 FY26 consolidated revenue grew 2% YoY to Rs 553.89 cr, but profit after tax fell 76% to Rs 9.47 cr from Rs 39.81 cr due to weak margins. H1 FY26 revenue rose 12% to Rs 1,138.52 cr; PAT recovered to Rs 34.72 cr vs a loss last year. Exceptional gain of Rs 0.74 cr from Vashivali plant fire scrap sale. Board appointed Jagdish Agarwal (ex-Huhtamaki CFO) as new Group CFO effective Dec 2, 2025.

Likely market impact

Weak Q2 profit print despite revenue growth flags margin pressure. New CFO brings strong finance leadership. Investors will watch margin recovery and fire insurance claims.