S H Kelkar and Company Limited — PPTs, 15-05-2026: Investor Presentation

SHK posted healthy FY26 revenue growth, up 11.5% to Rs 2,368 Cr, with Q4 revenue jumping 14.6% to Rs 650 Cr. This robust performance, despite a dynamic environment, was driven by strong domestic business and stable European operations. The Flavours segment saw a significant 30% YoY growth, alongside steady Fragrance division performance. However, FY26 Net Profit dipped 5.4% to Rs 69.3 Cr, while Q4 Net Profit saw a sharp 98.2% decline to Rs 1.8 Cr (EPS Rs 0.1) amid challenging conditions.

Management is focused on strategic initiatives like expanding capacities, enhancing global Creative Development Centres, and boosting customer engagement for innovation-led growth. A notable development in Q4 was a Rs 35 Cr one-off sale from portfolio optimization. Looking ahead, management anticipates rising raw material costs due to geopolitical factors impacting future quarters. They plan pricing adjustments, cost optimization, and a disciplined business mix to protect margins, prioritizing cash conversion, internal accruals, and debt reduction. Net Debt to Equity stands at 0.58x.