S H Kelkar & Company Ltd. News and Updates

Name: Latest research reports of S H Kelkar & Company Ltd. authored by BP Wealth and published by - Trendlyne research reports.
Item: S H Kelkar & Company Ltd.
Rating: 5
Author: BP Wealth

Keep track of all breaking news on S H Kelkar & Company Ltd. from all sources in a single place.

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S H Kelkar & Company Ltd.

03 Dec 2019

183.97

0.65%

Ideas for Profit | SH Kelkar: Recovering from domestic slowdown and restructuring

Moneycontrol

NULL

Number of FII/FPI investors increased from 68 to 77 in Dec 2024 qtr.

S H Kelkar & Company Ltd.

14 Nov 2019

183.97

0.65%

BP Equities SH Kelkar & Co Ltd Q2FY20 Result Update

Buy: S H Kelkar & Company Ltd.

Target

BP Wealth

our estimate of INR2921mn. Revenue de-growth was mainly due to subdued sentiments in the FMCG segment. Overall domestic business decline by 8.3% (YoY) and Exports shown growth of11.5% (YoY). Despite a subdued environment, the Company is witnessing an improved traction in terms of...

Number of FII/FPI investors increased from 68 to 77 in Dec 2024 qtr.

S H Kelkar & Company Ltd.

27 Aug 2019

183.97

0.65%

Growth bounces back but revival to be gradual

Buy: S H Kelkar & Company Ltd.

Target

Motilal Oswal

27 August 2019 Revenue grew 15.6% YoY to INR2,744m (v/s est. INR2,611m), due to new product launches in the domestic FMCG market and healthy demand in international markets. EBIDTA stood at INR464m (v/s est. EBITDA margins expanded 260bp YoY (+770bp QoQ) to 16.9% (v/s est. 14.2%), largely driven by lower other expenses (down 330bp YoY) on adoption of IND-AS 116, which led to lower rental costs. PAT stood at INR185m (v/s est. Fragrances business grew 15% YoY (+1% QoQ) to INR2,435m, driven by strong traction in both domestic (up 10% YoY) and international business (up 26% YoY). Flavors business grew 14% YoY (+6% QoQ) to INR280m on increased client engagements and uptick in international business. Further, normalizing RM supply environment is likely to ease cost pressure. (a) Company has re-iterated strong double-digit growth for FY20 to be largely driven by both domestic and international business.

S H Kelkar & Company Ltd. is trading above its 30 day SMA of 179.0

S H Kelkar & Company Ltd.

23 Aug 2019

183.97

0.65%

BP Equities SH Kelkar & Co Ltd Q1FY20 Result Update

Buy: S H Kelkar & Company Ltd.

Target

BP Wealth

SH Kelkar & Co Ltd (SHK) posted revenues of INR2,744mn with 16.1% YoY increase which was above our estimate of INR2,589mn. Revenue growth was mainly driven by new product and brand launch and value & volume growth in existing products. Overall domestic business grew by 9.8% (YoY) and Exports shown growth of 25.4%(YoY). Despite 97bps decline in gross margin due to change in product mix, EBITDA margin improved by 297bps, was 234bps higher than our estimate. Surge in margin due to adoption of Ind AS 116for lease this led to lower rent exp by INR39mn. Adj EBITDA margin were up by 154bps. Adj. PAT came below our estimate at INR185mn (est INR235mn) due to higher finance and depreciation cost (Ind As adjustment). As per management, over the last...

S H Kelkar & Company Ltd. is trading above its 30 day SMA of 179.0

S H Kelkar & Company Ltd.

04 Jul 2019

183.97

0.65%

BP Equities SH Kelkar Ltd. Initiating Coverage

Buy: S H Kelkar & Company Ltd.

BP Wealth

S H Kelkar & Company Ltd. has lost -40.74% in the last 6 Months

S H Kelkar & Company Ltd.

17 Jun 2019

183.97

0.65%

SH Kelkar: To turn ex-date for buyback

Business Line

Shares of SH Kelkar may remain in focus, as they will turn ex-date for the proposed buyback. It plans to buy back up to 33 lakh shares of 10 each at

S H Kelkar & Company Ltd. has lost -27.74% in the last 3 Months

S H Kelkar & Company Ltd.

10 Jun 2019

183.97

0.65%

SH Kelkar board approves buyback proposal

Business Line

The board of SH Kelkar and Company on Monday approved a buyback proposal. The company will buy back up to 33 lakh fully paid-up equity shares of 10 e

Number of FII/FPI investors increased from 68 to 77 in Dec 2024 qtr.

S H Kelkar & Company Ltd.

07 Jun 2019

183.97

0.65%

SH Kelkar: Focus on buyback meet

Business Line

The board of SH Kelkar and Company will meet on Monday to consider acquisition of the remaining 49 per cent stake in Creative Flavours and Fragrances

S H Kelkar & Company Ltd. has lost -40.74% in the last 6 Months

S H Kelkar & Company Ltd.

28 May 2019

183.97

0.65%

Earnings volatility continues unabated

Results Update: S H Kelkar & Company Ltd.

Motilal Oswal

Poor offtake impacts performance: Revenue declined 5.4% YoY (our estimate: +4%) to INR2,697m in 4QFY19, which management attributed to a slowdown in demand, mainly in the domestic market. A structural shift toward larger/mid-sized players was evident in the domestic fragrance industry, along with lower demand from smaller customer categories. In line with this trend, SHKL gained a higher wallet share in the mid and larger customer categories, while sales from smaller accounts were significantly impacted. EBIDTA declined 8% YoY to INR249m (our estimate: INR466m),...

S H Kelkar & Company Ltd. is trading below its 50 day SMA of 193.0

S H Kelkar & Company Ltd.

17 Apr 2019

183.97

0.65%

S H Kelkar

Buy: S H Kelkar & Company Ltd.

Keynotes Financial Opiniery

1. Established over 90 years back in 1922, SHK is one the largest India fragrance and flavor companies. 2. SHK possess state of the art manufacturing facilities for both domestic and global markets. The company manufactures and markets over 9700 products to over 4100 customers. 3. SHK's fragrance products and ingredients are used by FMCG companies in personal care, fabric...

S H Kelkar & Company Ltd. has lost -40.74% in the last 6 Months

No results found

Is S H Kelkar & Company Ltd. worth buying?

183 Votes:

Buy 84.7%

Sell 8.2%

Hold 7.1%

45.29% Fall from 52W High

S H Kelkar & Company Ltd. News and Updates

Keep track of all breaking news on S H Kelkar & Company Ltd. from all sources in a single place.