S H Kelkar and Company Ltd Reports 11.5% Revenue Growth in Q4 FY 2025-26, Despite Inflationary Pressures

S H Kelkar and Company Ltd (SHK), the largest Indian origin Fragrance and Flavours Company in India, has reported a growth of approximately 11.5% in consolidated revenues for the year ended March 31, 2026, standing at Rs.2,355 crore. The company's gross margins remained stable on a sequential basis during the quarter. As of March 31, 2026, net debt stood at Rs. 789 crore, reflecting continued investments towards capacity expansion and capability building. Despite inflationary pressures shaped by geopolitical developments in the Middle East and evolving supply-side dynamics, the company remains focused on ensuring uninterrupted supplies to customers, while adopting prudent measures to protect margins and sustain operational stability, with a continued emphasis on value-accretive growth. While overall inventory levels have been reduced during the quarter, adequate coverage has been maintained for commodities impacted by the Middle East crisis. The above financial information is based on provisional and unaudited consolidated financial results, subject to limited review by the Statutory Auditors of the Company.