S H Kelkar And Company Ltd · NSE:SHK
S H Kelkar And — Q1 FY2027 Earnings Presentation
18 slides from S H Kelkar And's earnings presentation, Jul 28, 2026
Slide 1: Exchange submission letter
July 28, 2026 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 539450
Slide 2: Q1 FY2027 Earnings Presentation
S H KELKAR AND COMPANY LIMITED Q1 FY2027 Earnings Presentation July 28, 2026
Slide 3: Disclaimer
Disclaimer Certain statements and opinions with respect to the anticipated future performance of SH Kelkar (SHK) in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Suc
Slide 4: Management Comment
Management Comment Commenting on the Company’s strategic direction, Mr. Kedar Vaze, Whole Time Director & CEO at SH Kelkar and Company Ltd. said: “We have made a healthy start to the year, supported by sustained demand across key customer segments and encouraging momentum in the business. The perfor
Slide 5: Management Comment
Management Comment Commenting on the performance and financial priorities, Mr. Jagdish Agarwal, Group Chief Financial Officer at SH Kelkar and Company Ltd. said: “The Fragrance segment delivered healthy growth during Q1 FY27, while the Flavour segment recorded strong growth across geographies and wa
Slide 6: Q1 FY27 – Revenue from Operations Highlights
Q1 FY27 – Revenue from Operations Highlights Revenue From Operations Gross Profit EBITDA 662 281 581 89 245 73 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Shift % (YoY) 14.1% Shift % (YoY) 14.8% Shift % (YoY) 21.3% Margins % 42.7% 42.4% Margins % 13.4% 12.6% Revenue increased by 14% YoY to Rs.
Slide 7: Revenue Performance (excl Global Ingredients) – Q1 FY27
Q1 FY27 Q1 FY26 Revenue Performance (excl Global Ingredients) – Q1 FY27 Business Segment Market Segment 539 523 495 458 128 106 112 69 Fragrances Flavour Emerging Market Europe Shift % (Y-o-Y) 9.0% 63.2% Shift % (Y-o-Y) 14.3% 21.3% Geography Wise 363 346 148 120 140 98 India Europe ROW Shift % (Y-o-
Slide 8: Segmental Performance (excl Global Ingredients) – Q1 FY27
Segmental Performance (excl Global Ingredients) – Q1 FY27 Fragrance Division – Revenue Fragrance Division – EBITDA 539 59 495 56 Core Fragrance business delivered healthy revenue growth during the quarter, supported by sustained customer engagement and demand across key end-use segments Q1 FY27 Q1
Slide 9: Global Ingredients – Q1 FY27
Global Ingredients – Q1 FY27 Revenue EBITDA 0.3 15 8 -2.3 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Shift % (Y-o-Y) -44.7% NA Global Ingredients recorded a softer performance during the quarter, impacted by lower demand in select export markets amid ongoing geopolitical uncertainty Near-term visibility re
Slide 10: Segmental Performance Region-wise
Segmental Performance Region-wise Fragrance (excl Global Ingredients) Revenue Break-up – Q1 FY27 Revenue Q1 FY27 RoW, 17% Y-o-Y Growth (%) India 0.7% Europe, Europe 19.9% India, 56% 27% Rest of the World (RoW) 26.0% Total Growth 9.0% Flavours Revenue Break-up – Q1 FY27 Revenue FY26 Y-o-Y Growth (%)
Slide 11: Balance Sheet Snapshot – As on June 30, 2026
Balance Sheet Snapshot – As on June 30, 2026 This image cannot currently be display ed. This image cannot currently be display ed. This image cannot currently be display ed. This image cannot currently be display ed. This image cannot currently be This image cannot displayed. currently be display ed
Slide 12: Annexure
Annexure 11
Slide 13: Consolidated Summarized P&L Statement
Consolidated Summarized P&L Statement Particulars (Rs. crore) Q1 FY27 Q4 FY26 Q1 FY26 YoY Gr % Revenues from Operations Sales 642.9 626.1 561.8 14.4% Sales - Contract Manufacturing 16.9 20.9 16.6 1.4% Other Operating Income 2.7 2.6 2.1 28.0% Revenue from operations 662.4 649.6 580.5 14.1% Other Inco
Slide 14: About Us
About Us S H Kelkar and Company Limited (SHK) is the largest Indian-origin Fragrance & Flavour Company in India. It has a long-standing reputation in the fragrance industry, developed over For further information please contact: 100 years of experience. Its fragrance products and ingredients are use
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Slide 16: S H Kelkar announces Q1 FY2027 results
sssss S H Kelkar and Company Limited Corporate Office: L.B.S Marg, Near Balrajeshwar Temple, Mulund (W), Mumbai – 400080 Registered Office: Devkaran Mansion, 36, Mangaldas Road, Mumbai 400 002. S H Kelkar announces Q1 FY2027 results Q1 FY2027 *Revenue from operations stood at Rs. 662 cr, higher by 1
Slide 17: Commenting on the Company's performance and strategic direction
Commenting on the Company’s performance and strategic direction, Mr. Kedar Vaze, Whole Time Director & CEO at S H Kelkar and Company Limited, said: “We have made a healthy start to the year, supported by sustained demand across key customer segments and encouraging momentum in the business. The perf
Slide 18: About S H Kelkar and Company Limited
About S H Kelkar and Company Limited: S H Kelkar and Company Limited (SHK) is the largest Indian-origin Fragrance & Flavour Company in India. It has a long-standing reputation in the fragrance industry, developed over 100 years of experience. Its fragrance products and ingredients are used as a raw
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