SH Kelkar Reports 15% Revenue Growth in FY25, Strengthens Balance Sheet

SH Kelkar and Company Ltd. has reported a strong 15% revenue growth in FY25, driven by sustained demand across segments and solid traction in the domestic market. The company's core European business also performed well, reinforcing its position in key international markets. Improving raw material availability and calibrated price hikes are expected to enable gradual margin recovery. The company received an interim payment of Rs. 95 crore from its insurer as an on-account interim relief for the fire-related claim, which will support working capital requirements and further strengthen the balance sheet. The company remains committed to leveraging its expanded capabilities, including the ramp-up of its Creative Development Centres (CDCs) in Germany and the UK, to capture emerging opportunities across domestic and global markets.