S H Kelkar & Company Ltd
S H Kelkar & Company Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
The company expects a revenue CAGR of approximately 15% over the next 3 to 4 years. Revenue Growth: Company targets a CAGR of around 15% over the next 3-4 years.
From S H Kelkar & Company Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company expects a revenue CAGR of approximately 15% over the next 3 to 4 years.
- EBITDA margins are targeted to improve from the current 11-12% level to around 18% within 2 to 3 years.
- Growth momentum is strong with sustained traction in new initiatives and global accounts.
- The second half of FY26 is expected to see better growth compared to the first half, supported by improved market conditions and ramp-up of new capacity.
- The brownfield expansion in the Netherlands and the new factory starting operations in early FY27 will enhance capacity and cost efficiency.
2 more points from S H Kelkar & Company Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what S H Kelkar & Company Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Rs. 60 crore discretionary investment related to a new factory expected to start by March; requires 2-3 years to yield returns.
- Current investment run rate in new initiatives is about Rs. 17 crore per quarter, totaling Rs. 32 crore in the recent half-year.
- No major new financial investments or capex planned for the next 1 to 2 years.
- New factory construction on schedule; operations expected to begin in Q1 calendar year (Q4 FY26).
- Investment tied to readiness for global accounts engagement in U.S., Europe, and other geographies; focus on calibrated growth.
2 more points from S H Kelkar & Company Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Chemicals & Petrochemicals
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what S H Kelkar & Company Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The company has assured business exceeding $10 million for the current year from global contracts.
- They continue to submit and make progress in newer projects but do not have specific announcements on larger orders yet.
- Flavour tender approvals have been obtained; initial trial orders have been placed, but full-scale business development is expected to be multi-year.
2 more points from S H Kelkar & Company Ltd's call on order book
Pro opens every point from 15K+ earnings calls
S H Kelkar & Company Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹650 Cr, net profit ₹2 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What S H Kelkar & Company Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
- Q3 FY23 earnings call →
Others in Chemicals & Petrochemicals this season
- Gujarat Alkalies (Q2 FY26)
2,136.64 Crores (Page 21). Key investor presentation takeaways from Gujarat Alkalies & Chemicals Ltd's Q2 FY26 investor presentation — and how it ranks against
- Platinum Industries Ltd (Q2 FY26)
Q2FY26 Revenue from Operations (Consolidated): INR 983.8 Mn, down 1% YoY from INR 996.4 Mn in Q2FY25. Key investor presentation takeaways from Platinum Industri
- Galaxy Surfactants Ltd (Q2 FY26)
Capital Work-in-Progress (CWIP) was around INR 260 crores as of FY '25. Key concall takeaways from Galaxy Surfactants Ltd's Q2 FY26 earnings call — and how it…
- Aether Industries Ltd (Q2 FY26)
EBITDA margins are sustainable at 29%-30%, supported by increasing contract manufacturing and CRAMS business. Key concall takeaways from Aether Industri.'s Q2…
Arthneeti Pro · Annual
S H Kelkar & Company Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were S H Kelkar & Company Ltd Q2 FY26 results?
The company expects a revenue CAGR of approximately 15% over the next 3 to 4 years. Revenue Growth: Company targets a CAGR of around 15% over the next 3-4 years.
What is S H Kelkar & Company Ltd share price analysis?
S H Kelkar & Company Ltd currently shows a neutral. The stock trades at a P/E of 50.0 with a market cap of ₹2,363 Cr. Investors should review the full earnings analysis for detailed insights.
Is S H Kelkar & Company Ltd planning capital expenditure?
Rs.
Keep S H Kelkar & Company Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.