S H Kelkar and Company Limited SHK NSEINFRA
Company Overview
S H Kelkar and Company Limited, together with its subsidiaries, manufactures and supplies fragrances, flavors, and aroma ingredients in India. Its fragrances are used in personal care, fabric care, skin care, hair care, fine fragrances, and home care products, as well as flavors are used in baked, dairy, beverages, savoury, and pharmaceutical products. The company is also involved in microbiology, biotechnology, cosmetic, custom synthesis, and cosmetic biotechnology research services. S H Kelkar and Company Limited markets its products under the SHK, Cobra, CFF, and Keva brand names to national and multi-national FMCG companies, blenders of fragrances and flavors, and its producers. The company exports its products. S H Kelkar and Company Limited was founded in 1922 and is based in Mumbai, India.
Why Investors Should Care
Revenue has grown at a 12.0% CAGR over the past five years.
Trades at a P/E of 26.3, below the sector median of 27.4.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹2,358.65 Cr (+11.6% YoY); net profit ₹69.26 Cr.
- Trailing 12 Months Year-on-year growth — revenue +11.6%, earnings -5.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 12.0%, profit CAGR 4.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 12.04% |
| 1 Year: | 11.64% |
Compounded Profit Growth
| 5 Years: | 4.23% |
| 1 Year: | -5.43% |
Stock Price Performance
| 1 Year: | -42.62% |
| 6 Months: | -26.08% |
| 3 Months: | -8.68% |
| 1 Month: | -2.00% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)48.85 · Neutral
P/E of 26.33 is below the sector median of 27.45 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 12.0% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 50.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SHK S H Kelkar and Company Limited NSEINFRA | 131.63 | 26.33 | ₹1,822.03 Cr | 1.53% | 9.45% | 5.09% | 12.04% | 4.23% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,659.00 | 56.84 | ₹3.44 L Cr | 0.66% | 11.90% | 10.66% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,244.70 | 86.92 | ₹3.04 L Cr | 0.57% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,675.50 | 59.31 | ₹2.57 L Cr | 1.03% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 187.67 | 21.70 | ₹2.34 L Cr | 2.09% | 11.32% | 10.56% | -1.59% | 7.21% |
| 6 | HINDZINC Hindustan Zinc Limited NSEINFRA | 532.50 | 16.26 | ₹2.25 L Cr | 3.91% | 61.97% | 61.13% | 5.61% | 9.58% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 963.55 | 16.01 | ₹2.17 L Cr | 0.52% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,133.10 | 56.45 | ₹2.13 L Cr | 0.31% | 4.00% | 4.80% | 14.63% | -10.06% |
| 9 | VAML Vedanta Aluminium Metal Limited NSEINFRA | 452.95 | inf | ₹1.77 L Cr | 0.00% | 41.97% | 49.39% | - | -46.32% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 472.43 Cr | 422.56 Cr | 455.44 Cr | 471.68 Cr | 513.34 Cr | 470.31 Cr | 542.50 Cr | 543.21 Cr | 564.44 Cr | 578.56 Cr | 551.63 Cr | 581.13 Cr | 647.33 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 330.40 Cr | 333.23 Cr | 318.23 Cr | 335.55 Cr | 393.06 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 234.04 Cr | 245.33 Cr | 233.40 Cr | 245.58 Cr | 254.27 Cr |
| Operating Expenses | 405.18 Cr | 354.61 Cr | 383.81 Cr | 395.82 Cr | 423.80 Cr | 392.05 Cr | 462.38 Cr | 479.56 Cr | 185.29 Cr | 198.69 Cr | 208.11 Cr | 216.48 Cr | 232.87 Cr |
| Operating Income | 46.73 Cr | 47.10 Cr | 49.32 Cr | 54.18 Cr | 67.51 Cr | 55.77 Cr | 55.94 Cr | 40.30 Cr | 48.75 Cr | 46.64 Cr | 25.29 Cr | 29.10 Cr | 21.40 Cr |
| EBITDA | 67.25 Cr | 67.95 Cr | 71.63 Cr | 75.86 Cr | 89.54 Cr | 78.26 Cr | 80.12 Cr | 63.65 Cr | 134.58 Cr | 76.05 Cr | 53.45 Cr | 89.53 Cr | 68.26 Cr |
| Interest Expense | 7.47 Cr | 9.82 Cr | 9.95 Cr | 10.35 Cr | 10.04 Cr | 9.89 Cr | 12.82 Cr | 13.82 Cr | 12.89 Cr | 13.07 Cr | 13.91 Cr | 13.50 Cr | 15.03 Cr |
| Pretax Income | 18.82 Cr | 38.90 Cr | 41.17 Cr | 45.73 Cr | 57.29 Cr | -74.41 Cr | 63.77 Cr | 27.37 Cr | 97.01 Cr | 36.61 Cr | 12.16 Cr | 49.04 Cr | 14.60 Cr |
| Tax Provision | 17.69 Cr | 11.07 Cr | 11.01 Cr | 13.60 Cr | 23.86 Cr | -12.41 Cr | 23.96 Cr | 9.86 Cr | -5.50 Cr | 11.06 Cr | 2.99 Cr | 16.41 Cr | 12.80 Cr |
| Net Income | 1.13 Cr | 27.83 Cr | 30.16 Cr | 32.13 Cr | 33.43 Cr | -86.82 Cr | 39.81 Cr | 17.51 Cr | 102.52 Cr | 25.57 Cr | 9.18 Cr | 32.66 Cr | 1.85 Cr |
| Diluted EPS | 0.17 | 1.96 | 2.12 | 2.33 | 2.45 | -6.25 | 2.87 | 1.27 | 7.41 | 1.85 | 0.66 | 2.36 | 0.13 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 834.00 Cr | 925.00 Cr | 981.00 Cr | 1,021.00 Cr | 1,048.00 Cr | 1,114.00 Cr | 1,322.00 Cr | - | 1,676.90 Cr | 1,832.64 Cr | 2,112.72 Cr | 2,358.65 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 1,011.98 Cr | 1,036.23 Cr | 1,208.12 Cr | 1,392.66 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 664.92 Cr | 796.41 Cr | 904.60 Cr | 965.99 Cr |
| Operating Expenses | 716.00 Cr | 774.00 Cr | 814.00 Cr | 862.00 Cr | 908.00 Cr | 955.00 Cr | 1,083.00 Cr | - | 528.86 Cr | 575.07 Cr | 694.15 Cr | 821.21 Cr |
| Operating Income | 90.00 Cr | 121.00 Cr | 148.00 Cr | 135.00 Cr | 110.00 Cr | 108.00 Cr | 177.00 Cr | - | 136.06 Cr | 221.34 Cr | 210.45 Cr | 144.78 Cr |
| EBITDA | 119.00 Cr | 151.00 Cr | 167.00 Cr | 159.00 Cr | 141.00 Cr | 160.00 Cr | 239.00 Cr | - | 200.20 Cr | 298.70 Cr | 258.43 Cr | 285.17 Cr |
| Interest Expense | 19.00 Cr | 22.00 Cr | 6.00 Cr | 5.00 Cr | 16.00 Cr | 26.00 Cr | 20.00 Cr | - | 15.39 Cr | 26.11 Cr | 48.92 Cr | 53.39 Cr |
| Pretax Income | 94.00 Cr | 110.00 Cr | 153.00 Cr | 143.00 Cr | 115.00 Cr | 54.00 Cr | 194.00 Cr | - | 104.36 Cr | 183.28 Cr | 114.81 Cr | 112.41 Cr |
| Tax Provision | 24.44 Cr | 37.40 Cr | 47.43 Cr | 50.05 Cr | 27.60 Cr | 18.36 Cr | 50.44 Cr | - | 41.41 Cr | 59.48 Cr | 40.73 Cr | 43.26 Cr |
| Net Income | 70.00 Cr | 73.00 Cr | 105.00 Cr | 94.00 Cr | 88.00 Cr | 36.00 Cr | 144.00 Cr | - | 61.17 Cr | 122.42 Cr | 73.24 Cr | 69.26 Cr |
| Diluted EPS | 5.32 | 5.05 | 7.25 | 6.49 | 6.12 | 2.53 | 10.24 | - | 4.53 | 8.93 | 5.31 | 5.00 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 939.00 Cr | 1,003.00 Cr | 1,073.00 Cr | 1,275.00 Cr | 1,427.00 Cr | 1,466.00 Cr | 1,874.00 Cr | - | 2,222.02 Cr | 2,402.45 Cr | 2,684.89 Cr | 2,913.19 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,206.52 Cr | 1,363.10 Cr | 1,575.85 Cr | 1,469.87 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 63.54 Cr | 100.06 Cr | 86.45 Cr | 64.30 Cr |
| Inventory | - | - | - | - | - | - | - | - | 603.11 Cr | 656.87 Cr | 717.73 Cr | 665.14 Cr |
| Receivables | - | - | - | - | - | - | - | - | 438.23 Cr | 489.60 Cr | 505.86 Cr | 635.02 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 1,119.38 Cr | 1,188.26 Cr | 1,412.46 Cr | 1,550.76 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 708.68 Cr | 934.11 Cr | 1,131.32 Cr | 1,158.68 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 318.89 Cr | 173.05 Cr | 174.68 Cr | 211.59 Cr |
| Total Debt | 252.00 Cr | 85.00 Cr | 74.00 Cr | 172.00 Cr | 342.00 Cr | 365.00 Cr | 518.00 Cr | - | 619.95 Cr | 665.79 Cr | 832.24 Cr | 1,028.92 Cr |
| Total Equity | 500.00 Cr | 716.00 Cr | 812.00 Cr | 857.00 Cr | 864.00 Cr | 824.00 Cr | 951.00 Cr | - | 1,064.38 Cr | 1,212.81 Cr | 1,271.96 Cr | 1,361.89 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 13.84 Cr | 13.84 Cr | 13.84 Cr | 13.84 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 62.00 Cr | 86.00 Cr | 102.00 Cr | 103.00 Cr | 77.00 Cr | 205.00 Cr | 195.00 Cr | - | 196.67 Cr | 107.46 Cr | 15.74 Cr | 263.13 Cr |
| Investing Cash Flow | -17.00 Cr | -77.00 Cr | -103.00 Cr | -162.00 Cr | -138.00 Cr | -42.00 Cr | -148.00 Cr | - | -102.92 Cr | -81.77 Cr | -72.28 Cr | -205.43 Cr |
| Financing Cash Flow | -7.00 Cr | -24.00 Cr | -16.00 Cr | 28.00 Cr | 49.00 Cr | -196.00 Cr | 88.00 Cr | - | -174.84 Cr | 8.19 Cr | 99.29 Cr | -157.98 Cr |
| Capital Expenditure | -22.00 Cr | -23.00 Cr | -38.00 Cr | -120.00 Cr | -116.00 Cr | -44.00 Cr | -30.00 Cr | - | -68.80 Cr | -60.94 Cr | -95.73 Cr | -206.47 Cr |
| Free Cash Flow | 40.00 Cr | 63.00 Cr | 64.00 Cr | -17.00 Cr | -39.00 Cr | 161.00 Cr | 165.00 Cr | - | 127.87 Cr | 46.52 Cr | -79.99 Cr | 56.66 Cr |
| Net Change in Cash | 37.00 Cr | -14.00 Cr | -17.00 Cr | -31.00 Cr | -12.00 Cr | -33.00 Cr | 135.00 Cr | - | -81.09 Cr | 33.88 Cr | 42.75 Cr | -100.28 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 39.7% | 43.5% | 42.8% | 41.0% |
| Operating Margin % | 10.8% | 13.1% | 15.1% | 13.2% | 10.5% | 9.7% | 13.4% | - | 8.1% | 12.1% | 10.0% | 6.1% |
| Net Margin % | 8.4% | 7.9% | 10.7% | 9.2% | 8.4% | 3.2% | 10.9% | - | 3.6% | 6.7% | 3.5% | 2.9% |
| ROE % | 14.0% | 10.2% | 12.9% | 11.0% | 10.2% | 4.4% | 15.1% | - | 5.7% | 10.1% | 5.8% | 5.1% |
| ROCE % | - | - | - | - | - | - | - | - | 9.0% | 15.1% | 13.5% | 8.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SHK
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SHK — Frequently Asked Questions
What is the current share price of S H Kelkar and Company Limited (SHK)?
As of 2026-07-15 09:52 IST, S H Kelkar and Company Limited (SHK) trades at ₹131.63 on NSE. Its 52-week range is ₹112.34 to ₹265.54.
What is the market capitalisation of SHK?
S H Kelkar and Company Limited (SHK) has a market capitalisation of ₹1,822.03 Cr on NSE.
What is the P/E ratio of SHK?
SHK trades at a trailing price-to-earnings (P/E) ratio of 26.33. The industry average P/E is 27.45. Its price-to-book (P/B) ratio is 1.32.
Does SHK pay a dividend?
S H Kelkar and Company Limited (SHK) currently offers a dividend yield of 1.53%.
What is the return on equity (ROE) of SHK?
SHK has a return on equity (ROE) of 5.09%. Its return on capital employed (ROCE) is 9.45%.
Is SHK a good stock to buy?
This page provides a data-driven analysis of S H Kelkar and Company Limited (SHK), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.