SH Kelkar And Company Ltd.
Snapshot View

175.00 +0.90 ▲0.5%

05 August 2021, 03:44:00 P.M.
Volume: 32,065

Overview View Details

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Website http://www.kelkargroup.com/www.keva.co.in
Financial Indicators
Market Cap 2,460.40 Cr.
Earnings per share (EPS) 10.24 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 17.00 Trailing Twelve Months Ending 2021-03
Industry PE 47.07 Trailing Twelve Months Ending 2021-03
Book Value / Share 67.34 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.59 Calculated using Price: 174.10
Dividend Yield 1.01 Period Ending 2021-03
No. of Shares Subscribed 14.13 Cr. 141,320,801 Shares
FaceValue 10
Company Profile

The company was incorporated as S.H.Kelkar & Co. Limited on July 1, 1955 at Mumbai under the Companies Act, 1913. The word “private” was added to the name of the company under section 43A (2A) of the Companies Act, 1956 on May 18, 2001. The name of the company was changed to S H Kelkar and Company Limited pursuant to conversion of the status of the company to a public limited company and a fresh certificate of incorporation consequent to change of name dated March 5, 2015 was issued by the RoC. The company is one of the largest fragrance and flavour companies in India by revenue. It is the largest domestic fragrance producer in India, with exports of fragrance products to 52 countries.  The Indian fragrance and flavour industry includes more than 1,000 companies, ranging from multinational companies, large Indian industrial houses to small-scale units and local manufacturers.

The company’s fragrance and flavour products are usually a blend of a number of ingredients and are created by its perfumers and flavourists to produce proprietary formulas. Fragrances and flavours are considered to be one of the important factors for consumers in deciding whether to repurchase a product and these factors often influence their decisions, thereby making them one of the key components of FMCG and integral part of product attributes. Utilizing its capabilities in consumer insight, research and product development and creative expertise, it collaborates with its customers to understand consumer preference and enhance value for their brands. The company has a large and diverse mix of over 4,100 customers, including leading national and multi-national FMCG companies, blenders of fragrances and flavours and fragrance and flavour producers.

The company’s fragrance products and ingredients are used as a raw material in personal wash, fabric care, skin and hair care, fine fragrances and household products. It has over 3,700 customers for its fragrance and fragrance ingredients products, including, among others, Godrej Consumer Products, Marico, Wipro Consumer Care and Lighting, Hindustan Unilever, VINI Cosmetics and J.K. Helen Curtis. The company has a strong and dedicated research team of 18 scientists operating in its facilities in Mumbai and Barneveld. The company’s research team has developed 12 molecules in recent past, of which it has filed patent applications for three. The company also has a team of 12 perfumers, two flavourists, evaluators and application executives at its five creation and development centers in Mumbai, Bengaluru, The Netherlands and Indonesia for the development of its fragrance and flavour products. Each of its creation and development centers has advanced technological equipment to develop, test and evaluate its products.

Business area of the company

The company is an emerging flavour producer in India with exports to 15 countries. Its fragrance manufacturing plants in Mumbai and Raigad in Maharashtra comply with the regulations of the International Fragrance Association (“IFRA”) and its flavour manufacturing plant in Raigad in Maharashtra is registered with the United States Food and Drug Administration (US FDA). The company has a long standing reputation in the fragrance industry developed in its 90 years of experience. It has a diverse range of products backed by its strong research and development capabilities.

Major events and milestones

  • 1955: Incorporation of the company and taking over, as a going concern, the business of the sole properitorship S.H Kelkar & Co and Saraswati Chemical Works, together with their assets and liabilities.
  • 1979: Establishment of the manufacturing unit at Vapi.
  • 1984: Establishment of the export oriented unit as Keva Fragrances, the company’s wholly-owned Subsidiary.
  • 2007: Commissioning of the manufacturing unit at Vashivali.
  • 2010: Investment by Wayzata II Indian Ocean, a private equity firm.
  • 2011: Acquisition of PFW Aroma Ingredients B.V., its Subsidiary in Netherlands, which added one manufacturing facility with two production plants and a research centre to its operations.
  • 2011: Approval of the merger of Tridhaatu Estates and Amerigo Holdings and Investment with the company.
  • 2012: Investment by Blackstone Capital Partners (Singapore) VI FDI Two and Blackstone Family Investment Partnership (Singapore) VI-ESC FDI Two.
  • 2013: Investment in setting up a Multi-Purpose Plant (MPP) at Vapi to manufacture fragrance ingredients.
  • 2014: Incorporation of PT SHKKeva Indonesia, as a step down subsidiary. PT SHKKeva Indonesia is engaged in the business of trading and distribution of cosmetic goods (perfumes, soaps, powders etc.).
  • 2014: Received the “Best Performance in Quality” award at Marico Samyut, 2014 and the “Learning and Development - Diversity Award” at the National Learning and Development League Conference in 2014.
  • 2015: Received the award for “Best HR Strategy in Line with business” at the Global HR Excellence Awards.
  • 2015: Received the award for “Dream Companies to Work For (Manufacturing)” at the Dream Companies to Work For Awards.
  • 2015: Received the certification of registration of quality management system by NQA against the provisions of BS EN ISO 9001:2008.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.52%
1 Week
+7.00%
1 Month
-4.27%
3 Month
+19.74%
6 Month
+40.28%
1 Year
+135.69%
2 Year
+54.19%
5 Year
-32.01%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 15.45 17.49 14.36 12.01 13.72 11.10 10.21 4.11 16.19
Return on Capital Employed (%) 15.65 18.26 15.78 16.97 18.84 15.50 11.67 6.61 16.06
Return on Assets (%) 7.27 9.69 7.85 7.54 10.10 7.49 5.97 2.31 8.63

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 477 481 510 716 812 857 863 824 952
Non Curr. Liab. 57 77 45 36 14 131 125 47 346
Curr. Liab. 241 302 380 250 247 412 541 575 574
Minority Int. 11 11 3
Equity & Liab. 775 859 934 1,003 1,073 1,400 1,541 1,457 1,874
Non Curr. Assets 319 331 319 277 376 654 709 649 830
Curr. Assets 456 529 615 726 697 746 831 808 1,044
Misc. Exp. not W/O
Total Assets 775 859 934 1,003 1,073 1,400 1,541 1,457 1,874

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 666 761 836 925 981 1,021 1,048 1,114 1,322
Other Income 2 8 68 10 12 26 23 8 23
Total Income 668 769 903 935 992 1,047 1,071 1,122 1,345
Total Expenditure -551 -630 -760 -774 -814 -862 -910 -955 -1,083
PBIDT 116 139 143 162 178 185 162 167 263
Interest -18 -12 -19 -22 -6 -5 -16 -26 -20
Depreciation -17 -19 -29 -30 -19 -24 -31 -52 -62
Taxation -24 -29 -24 -37 -48 -51 -27 -19 -50
Exceptional Items -2 -13 -36 12
PAT 54 79 70 73 105 93 88 35 144

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 103 32 62 86 102 103 77 205 195
Cash Fr. Inv. -33 -64 -17 -77 -104 -164 -137 -40 -149
Cash Fr. Finan. -61 36 -7 -24 -16 28 49 -196 88
Net Change 9 4 37 -14 -17 -33 -11 -31 134
Cash & Cash Eqvt 29 35 72 59 42 11 -1 -33 102

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 56.91 57.49 57.49 57.50 59.98 59.98 58.57 58.57 58.57
Public 43.09 42.50 42.51 42.50 40.02 40.02 41.43 41.43 41.43
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 6.79 0.04 0.04 0.04 0.04 0.04 0.04 0.04 6.08

Announcements View Details

Thu, 29 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of conference call for investors and analysts under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015
Thu, 29 Jul 2021
Temporary Suspension Of Factory Operations At Mahad Unit
Pursuant to Regulation 30(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and the Companys Policy of Determination of Materiality of Events and Information we wish to inform that the factory operations at Kevas Mahad Unit have been suspended temporarily due to unprecedented rains in the Raigad District of Maharashtra including Mahad causing flooding as also major power outage in and around Mahad.

The extent of damage is being assessed. While the factory operations at the Unit are likely to remain suspended for about 3 weeks we are taking necessary steps to resume the operations at the earliest after taking into consideration the safety norms.

In the meanwhile business continuity plan has been put in action and we are ensuring that we continue to cater to the customers demands without any major disturbance.

You are requested to take the same on record.
Wed, 28 Jul 2021
Board Meeting Intimation for Notice Of Board Meeting To Consider Unaudited Financial Results For The Quarter Ended June 30 2021
S H Kelkar And Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2021 inter alia to consider and approve Notice of Board Meeting to consider unaudited financial results for the quarter ended June 30 2021

Technical Scans View Details

Wed, 04 Aug 2021
Higher Trade Quantity Higher Trade Quantity
Opening at Low Opening at Low
Making Higher Highs for 3 days Making Higher Highs for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
S Close Above Last Week High

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