S. H. Kelkar FY26 Financial Performance and Auditor Appointment

FY26 Financial Results

S. H. Kelkar and Company Ltd has filed its audited financial results for the fiscal year ending March 31, 2026. The company reported consolidated revenue from operations of ₹2,368.26 crore and a net profit of ₹73.01 crore for the full fiscal year. The fourth quarter of FY26 recorded a net profit of ₹1.80 crore on revenues of ₹649.94 crore.

New Auditors Appointed

A key development was the appointment of BSR & Co. LLP as the new statutory auditors for a five-year term. Ernst & Young LLP was appointed internal auditor and Kishore Bhatia & Associates was appointed cost auditor, both for FY27. Previously, statutory audits were conducted by M/s. Brahmayya & Co.

Company Profile

S. H. Kelkar and Company Limited is a leading Indian manufacturer specializing in fragrances and flavours, serving diverse industries globally.

Enhanced Governance and Oversight

The appointment of BSR & Co. LLP, a leading audit firm, aims to enhance corporate governance and financial credibility. This change provides shareholders with oversight from a reputed audit firm for financial reporting.

Market Position and Peers

S. H. Kelkar's FY26 revenue of ₹2,368.26 crore positions it as a significant player in the Indian fragrance and flavour market. Competitors in related segments include Eternis Fine Chemicals (formerly Privi Organics) and Oriental Aromatics Ltd, facing similar market dynamics and raw material price volatility.

Upcoming Actions

Key upcoming actions include the formal approval of BSR & Co. LLP's appointment by members at the Annual General Meeting on July 31, 2026, and the commencement of statutory audits by BSR & Co. LLP for upcoming financial periods.