S H Kelkar and Company Limited — Investor Meet, 12-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SH Kelkar's 9M FY26 revenue grew 10% YoY to Rs. 1,718 Cr, with an adjusted EBITDA margin of 13%. The company is actively investing in global expansion, especially in the US and Europe, capitalizing on market consolidation. The US Creative Development Centre secured its first customer order. New manufacturing facilities in Europe and India are expected to be operational in Q1 next year. Management anticipates gross margins will improve and targets a 17% adjusted EBITDA and 14% ROCE in 2-3 years, supported by operating leverage and an anticipated Rs. 100 Cr insurance claim. Leadership expresses confidence in long-term value creation from these strategic initiatives.