S H Kelkar and Company quarterly results and financials

S H Kelkar and Company (SHK)₹130.41−1.67%(9 Nov 2026 close)Specialty Chemicals

Key facts

In the Jun 2026 quarter (consolidated), S H Kelkar and Company reported sales of ₹662 Cr, up 14.1% from Jun 2025, and net profit of ₹44.82 Cr, up 73.1% year on year. For the year to Mar 2026, sales were ₹2,368 Cr and net profit ₹68.72 Cr.

Sales (Jun 2026): ₹662 Cr
Net profit (Jun 2026): ₹44.82 Cr
Sales (FY Mar 2026): ₹2,368 Cr
Net profit (FY Mar 2026): ₹68.72 Cr
EPS (Jun 2026): ₹3.27
Borrowings (Mar 2026): ₹1,028 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

S H Kelkar and Company quarterly results

₹ crore unless stated; each column is a quarter.

S H Kelkar and Company Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	455	472	512	470	541	542	567	580	553	584	650	662
Expenses	385	397	425	393	463	481	495	508	503	529	590	577
Operating Profit	72.02	75.97	90.04	77.98	80.01	64.01	73.06	73.02	52.05	55.02	61.01	88.03
OPM %	15.9%	15.9%	16.9%	16.9%	14.9%	11.9%	12.9%	13.0%	9.0%	8.9%	9.0%	12.9%
Other Income	1.99	1.99	0.00	−120	20.98	0.99	60.95	2.99	0.99	33.94	6.99	30.96
Interest	9.98	9.98	9.98	9.98	12.98	13.97	12.98	12.97	13.97	13.97	14.96	14.97
Depreciation	22.08	22.08	22.08	22.07	24.11	23.09	25.11	26.12	27.12	27.12	39.15	35.14
Profit before tax	40.91	45.83	56.83	−73.82	63.80	26.90	96.64	36.86	11.97	48.87	14.95	68.84
Tax %	27.0%	30.0%	42.0%	17.0%	38.0%	36.0%	−6.0%	30.0%	25.0%	33.0%	88.0%	34.0%
Exceptional items	0.00	−0.30	−1.54	−103	0.00	0.00	53.45	0.98	0.43	21.95	−0.73	20.11
Net Profit	29.90	31.89	32.87	−86.64	39.84	17.93	103	25.89	8.97	32.86	1.99	44.82
EPS (Rs)	2.13	2.34	2.44	−6.24	2.88	1.26	7.42	1.84	0.65	2.35	0.12	3.27

S H Kelkar and Company profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

S H Kelkar and Company Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	924	980	1,021	1,047	1,112	1,320	1,563	1,686	1,927	2,122	2,368	2,448
Expenses	775	816	864	910	957	1,085	1,353	1,472	1,627	1,832	2,130	2,199
Operating Profit	151	167	159	141	160	239	215	217	308	296	242	256
OPM %	15.9%	17.0%	15.9%	13.0%	14.0%	17.9%	13.9%	12.9%	15.9%	13.9%	10.0%	10.5%
Other Income	9.99	11.99	12.99	20.97	−27.96	35.98	5.99	−7.99	4.99	−37.97	44.94	72.88
Interest	21.95	5.99	4.99	15.98	25.96	19.97	15.97	23.97	40.91	48.93	55.85	57.87
Depreciation	30.14	19.09	24.10	31.14	52.17	62.22	72.34	80.36	89.30	95.41	119	129
Profit before tax	110	153	143	115	53.81	193	132	104	181	114	112	145
Tax %	34.0%	31.0%	35.0%	24.0%	34.0%	26.0%	−13.0%	40.0%	32.0%	36.0%	38.0%	—
Exceptional items	0.99	0.99	−6.98	−0.99	−21.93	10.96	−6.98	−7.97	−0.99	−21.93	19.96	41.76
Net Profit	72.71	105	93.62	87.62	35.85	143	149	62.78	124	72.77	68.72	88.64
EPS (Rs)	5.06	7.26	6.50	6.11	2.54	10.25	10.72	4.43	8.83	5.30	4.99	6.39
Dividend payout %	30.1%	24.1%	27.1%	0.0%	38.1%	17.1%	7.0%	45.1%	8.1%	19.1%	20.1%	—

S H Kelkar and Company balance sheet

₹ crore, at each year end.

S H Kelkar and Company Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	132	145	145	145	145	141	141	138	138	138	138	138
Reserves	367	570	667	711	718	683	809	875	926	1,072	1,134	1,222
Borrowings	251	84.75	73.95	172	341	365	517	697	619	665	831	1,028
Other Liabilities	186	200	186	245	221	276	403	565	516	500	553	491
Total Liabilities	936	1,000	1,071	1,272	1,424	1,464	1,870	2,275	2,199	2,375	2,655	2,879
Fixed Assets	274	227	296	352	462	473	742	959	915	933	954	1,183
CWIP	9.97	17.95	6.98	59.81	37.89	17.94	27.91	8.98	25.94	12.97	45.85	95.71
Investments	0.00	35.06	50.14	96.27	97.27	97.16	1.01	1.01	23.04	10.03	11.03	11.02
Other Assets	652	719	718	764	827	876	1,099	1,305	1,234	1,419	1,644	1,589
Inventories	319	336	351	349	375	338	431	557	605	659	720	667
Trade receivables	194	229	217	276	283	317	374	460	438	489	505	634
Cash & equivalents	75.87	81.81	54.88	23.97	40.96	65.91	139	123	66.83	103	86.87	64.84
Total Assets	936	1,000	1,071	1,272	1,424	1,464	1,870	2,275	2,199	2,375	2,655	2,879

S H Kelkar and Company cash flow

₹ crore, for each year.

S H Kelkar and Company Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	62.28	86.29	102	103	77.33	206	196	50.17	198	107	16.07	264
Cash from investing activity	−16.99	−76.91	−103	−162	−138	−41.97	−148	−134	−110	−83.95	−68.95	−209
Cash from financing activity	−6.99	−24.01	−15.99	27.99	48.98	−196	88.03	12.01	−175	8.01	98.98	−158
Net cash flow	36.91	−13.96	−16.94	−30.94	−11.96	−32.93	135	−70.79	−87.80	31.93	45.86	−104
Capex	31.93	25.97	37.96	121	118	0.00	0.00	0.00	68.94	60.86	95.88	206
Free cash flow	39.88	62.88	63.84	−16.97	−38.90	161	165	51.84	149	46.92	−79.77	59.89
CFO / OP %	76.0%	84.0%	89.0%	87.0%	81.0%	146.0%	87.0%	52.0%	109.0%	53.9%	24.0%	135.0%

S H Kelkar and Company ratios

Working-capital days and returns, by year.

S H Kelkar and Company Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	85	90	81	99	99	104	103	108	95	93	87	98
Inventory days	253	240	248	234	240	202	217	226	229	232	228	183
Days payable	76	116	78	104	86	103	125	143	138	125	127	91
Cash conversion cycle	261	213	250	228	252	202	195	190	185	199	188	189
Working capital days	70	135	128	110	86	55	91	90	88	60	62	38
ROCE %	14.0%	17.1%	19.1%	17.1%	12.0%	10.0%	15.1%	10.0%	8.0%	12.0%	10.0%	6.0%

S H Kelkar and Company: frequently asked questions

What are the latest quarterly results of S H Kelkar and Company?

For the Jun 2026 quarter, S H Kelkar and Company reported sales of ₹662 Cr, up 14.1% year on year and net profit of ₹44.82 Cr, up 73.1% year on year. The operating margin was 12.9%.

What is the annual revenue of S H Kelkar and Company?

S H Kelkar and Company's sales for the year to Mar 2026 were ₹2,368 Cr; over the last twelve months they were ₹2,448 Cr.

What is the net profit of S H Kelkar and Company?

Net profit for the year to Mar 2026 was ₹68.72 Cr, and ₹88.64 Cr over the last twelve months. Earnings per share over the same trailing period were ₹6.39.

How much debt does S H Kelkar and Company have?

S H Kelkar and Company reported borrowings of ₹1,028 Cr at Mar 2026, against cash and equivalents of ₹64.84 Cr.

What is the free cash flow of S H Kelkar and Company?

Cash from operations was ₹264 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹59.89 Cr.

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