Company S H Kelkar and Company Limited

SHK

INE500L01026

Specialty Chemicals

Market Closed - NSE India S.E. Other stock markets 06:40:33 11/03/2026 pm IST			5-day change	1st Jan Change
130.80 ^INR	-1.43%		-8.80%	-27.00%

09/02	S H Kelkar and Company Limited, Q3 2026 Earnings Call, Feb 09, 2026
06/02	S H Kelkar and Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

Business description: S H Kelkar and Company Limited

S H Kelkar and Company Limited is an India-based fragrance and flavour company. The Company is engaged in the business of manufacturing, supplying and exporting fragrances, flavours and aroma ingredients. The Company's segments include Fragrance and Flavours. The fragrance segment includes fragrance products that are used by various consumption categories, such as personal wash, soaps and detergents, sanitizers, home cleaners, fabric care and fine fragrances, among others. Flavours segment includes flavour products that are used as raw material by producers of baked goods, dairy products, beverages and pharmaceutical products. Its natural actives product portfolio includes Camisooth, AloeHeal, Glycibright, OleoKare, and Puniblock. It offers products under SHK, Cobra, Auris, Wheel, Three Birds, and Keva brands. It provides a range of research and testing services in the areas of biotechnology and microbiology research, cosmetic research, cosmetic biotechnology, and custom synthesis.

Number of employees: 635

Sales by Activity: S H Kelkar and Company Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Fragrance	1.84TCr	1.42TCr	2.25TCr	2.18TCr	3.28TCr
Flavours	116.52Cr	140.75Cr	226.19Cr	244.09Cr	207.41Cr
Inter-Segment	-632.06Cr	-	-788.85Cr	-497.72Cr	-1.38TCr

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Geographical breakdown of sales: S H Kelkar and Company Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
India	766.52Cr	839.57Cr	965.08Cr	1.1TCr	1.23TCr
Europe	-	409.03Cr	405.12Cr	463.1Cr	497.63Cr
Others	548.6Cr	315.59Cr	316.32Cr	369.4Cr	399.71Cr

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Executive Committee: S H Kelkar and Company Limited

Manager	Title	Age	Since
Kedar Ramesh Vaze CEO	Chief Executive Officer	52	11/10/2014
Jagdish Agarwal DFI	Director of Finance/CFO	-	02/12/2025
Avani Mainkar CTO	Chief Tech/Sci/R&D Officer	-	01/01/2020
Nishant Kolgaonkar HRO	Human Resources Officer	-	-
Medha Tawde Bhagat AUD	Comptroller/Controller/Auditor	-	01/06/2019

See S H KELKAR AND COMPANY LIMITED governance

Composition of the Board of Directors: S H Kelkar and Company Limited

Director	Title	Age	Since
Kedar Ramesh Vaze BRD	Director/Board Member	52	01/01/2010
Ramesh Vinayak Vaze CHM	Chairman	84	30/09/2019
Prabha Ramesh Vaze BRD	Director/Board Member	79	12/03/2015
Shrikant Oka BRD	Director/Board Member	-	25/05/2018
Deepak Raj Bindra BRD	Director/Board Member	79	25/05/2018
Vasant Vitthaldas Gujarathi BRD	Director/Board Member	75	20/02/2022
Neela Bhattacherjee BRD	Director/Board Member	65	25/05/2022

Composition of the Board of Directors

Shareholders: S H Kelkar and Company Limited

Name	Equities	%	Valuation
Vaze Ramesh Vinayak Family 19.51 %	2,70,00,100	19.51 %	44 M ₹
KNP Industries Pte Ltd. 10.75 %	1,48,76,223	10.75 %	24 M ₹
Kedar Ramesh Vaze 10.16 %	1,40,60,131	10.16 %	23 M ₹
Firmenich Aromatics Production (India) Pvt Ltd. 9.8 %	1,35,65,238	9.8 %	22 M ₹
Keva Constructions Pvt Ltd. 5.341 %	73,93,689	5.341 %	12 M ₹

List of S H KELKAR AND COMPANY LIMITED shareholders

Company details: S H Kelkar and Company Limited

S.H. Kelkar & Co Ltd.

Lal Bahadur Shastri Marg

400080, Mumbai

+91 22 6606 7777

http://www.keva.co.in

address S H Kelkar and Company Limited(SHK)

Group companies: S H Kelkar and Company Limited

Name	Category and Sector
Keva Flavours Pvt Ltd. Keva Flavours Pvt Ltd. Food: Specialty/CandyConsumer Non-Durables Manufactures fragrance, flavor and resinoids ingredients & pharmaceutical intermediates products	Food: Specialty/Candy
Keva Flavours Pvt Ltd. Keva Flavours Pvt Ltd. Food: Specialty/CandyConsumer Non-Durables Manufactures fragrance, flavor and resinoids ingredients & pharmaceutical intermediates products	Food: Specialty/Candy
Keva Fragrances Pvt Ltd. Keva Fragrances Pvt Ltd. Wholesale DistributorsDistribution Services Distributes perfumes and aroma-related products	Wholesale Distributors
Keva Fragrances Pvt Ltd. Keva Fragrances Pvt Ltd. Wholesale DistributorsDistribution Services Distributes perfumes and aroma-related products	Wholesale Distributors
Keva Europe BV Keva Europe BV Household/Personal CareConsumer Non-Durables Engages in development, production, purchase, sale, trade and processing of fragrances and perfumes	Household/Personal Care

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Other Specialty Chemicals

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
S H KELKAR AND COMPANY LIMITED	-1.43%	-8.80%	-28.55%	+24.75%	20Cr
ECOLAB INC.	-1.35%	-7.19%	+6.71%	+75.19%	7.93TCr
GIVAUDAN SA	-3.08%	-6.25%	-31.13%	-2.00%	3.36TCr
SIKA AG	-1.58%	-8.54%	-39.01%	-44.63%	2.91TCr
FUJIFILM HOLDINGS CORPORATION	+2.15%	+0.46%	+0.23%	+42.25%	2.31TCr
SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.	-0.25%	+5.75%	+78.32%	-2.05%	2.19TCr
ALBEMARLE CORPORATION	+0.08%	-1.57%	+128.03%	-25.69%	1.96TCr
EMS-CHEMIE HOLDING AG	-1.66%	-1.77%	-9.30%	-12.49%	1.87TCr
NITTO DENKO CORPORATION	+2.32%	-0.95%	+19.06%	+91.44%	1.4TCr
POSCO FUTURE M CO., LTD.	+0.24%	-7.06%	+42.71%	-14.78%	1.27TCr
Average	-0.45%	-1.67%	+16.71%	+13.20%	2.52TCr
Weighted average by Cap.	-0.82%	-2.47%	+12.73%	+23.34%