SH Kelkar clocks ~18% yoy growth in revenue for FY22; stock skids ~1%

26 May 2022 , 01:45 PM

S H Kelkar and Company (SHK), one of the largest Indian origin Fragrance and Flavour companies in India, has announced its financial results for the quarter and year ended March 31, 2022.

For Q4FY22, the company’s revenue from operations stood at Rs450.60 crore as against Rs397 crore, higher by 13.5% yoy. Revenue for FY22 stood at Rs1,564.20 crore as compared to Rs1,322 crore in FY21, up by 18.30% yoy.

The company has reported an EBITDA of Rs232.10 crore in FY22 as against Rs259.40 crore in FY21, down by 10.52% yoy. EBITDA for Q4FY22 declined 9.03% yoy at Rs68.50 crore as compared to Rs75.30 crore during the previous corresponding quarter.

PAT for Q4FY22 was reported at Rs12.5 crore as against Rs40.10 crore in Q4FY21. Whereas PAT for FY22 increased marginally by 2.63% yoy at Rs148.50 crore as compared to Rs144.70 crore in FY21.

EBITDA Margins in Q4FY22 stood at 14.9% as against 18.6% in Q4FY21.

For FY22, the Board of Directors recommended a final dividend of Rs0.75 per share of Rs10 each.

S H Kelkar & Company Ltd is currently trading at Rs131 down by Rs0.95 or 0.72% from its previous closing of Rs131.95 on the BSE. The scrip touched an intraday high and low of Rs132 and Rs128.25 respectively.