S H Kelkar zooms 8 per cent post Q2FY19 result
S H Kelkar reported its results for the quarter ended September 30, 2018 during market hours on Thursday.
The company's consolidated revenue for the quarter came in at Rs. 283.5 crore as against Rs. 221.2 crore in the corresponding quarter last year, registering 28 per cent yoy increase. This was mainly due to jump in revenue from Fragrance segment which was up by 31 per cent yoy. Also, the company’s overseas segment grew by 20 per cent yoy.
The EBITDA for the quarter rose by 5.8 per cent yoy to Rs. 36.72 crore as against Rs. 34.71 crore in the corresponding quarter last year, with a corresponding margin contraction of 274 bps. EBITDA margin for the quarter stood at 13 per cent.
The PAT for the quarter came in at Rs. 28.41 crore as against Rs. 18.86 crore in the corresponding quarter last year, yoy increase of 51 per cent.
S H Kelkar & Company is the largest Indian-origin fragrance and flavour company in India.
Cheering the robust numbers, the stock spiked around 8 per cent and made an intraday high of Rs. 183 on the BSE.