S H Kelkar and Company Limited has informed the Exchange regarding Board meeting held on August 08, 2025 for Q1 FY 26 Financial Results
SHK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
S H Kelkar and Company approved its unaudited consolidated and standalone financial results for Q1 FY26 (quarter ended June 30, 2025), with an unmodified limited review report from Deloitte Haskins & Sells LLP. Consolidated revenue from operations rose about 23.5% year-on-year to Rs. 580.63 crores (from Rs. 470.31 crores), driven by strong growth in both Fragrances (~20%) and Flavours (~65%) segments. The company swung back to a consolidated profit after tax of Rs. 25.55 crores, compared with a loss of Rs. 65.75 crores in the same quarter last year. Results included a small Rs. 2.11 crore exceptional gain from sale of scrap related to the April 2024 Vashivali plant fire. The Board also approved internal restructuring — selling 100% stakes in Keva UK Ltd (for ~Rs. 20.48 crores) and Keva USA Inc. (for ~Rs. 17.54 crores) to wholly owned Keva Fragrances Pvt Ltd, and incorporating a new UAE subsidiary, Keva Middle East FZE.
Strong revenue growth, a clean swing to profitability, and a structurally clean auditor review are positive for shareholders. The subsidiary stake sales are intra-group (related-party) transactions at arm's length, so they will not change consolidated earnings but will streamline the group's structure ahead of the planned Middle East expansion.