S H Kelkar FY26 Revenue Up 11.5% to ₹2,368 Crore

S H Kelkar reported FY26 revenue growth of 11.5% to ₹2,368 crore, though adjusted EBITDA declined to ₹323 crore with margin compression.
Q4 FY26 revenue increased 14.6% to ₹650 crore, including a ₹35 crore one-off low-margin product sale from portfolio optimization.
Management cited rising raw material costs from Middle East geopolitics and plans pricing measures, cost optimization, and debt reduction focus.
The board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.