S H Kelkar and Company Limited

NSEI:SHK Stock Report

Market Cap: ₹16.9b

S H Kelkar Dividends and Buybacks

Dividend criteria checks 5/6

S H Kelkar is a dividend paying company with a current yield of 1.64% that is well covered by earnings.

Key information

1.6%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.3%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio19%

Recent dividend and buyback updates

Analysis Article Aug 01

S H Kelkar (NSE:SHK) Is Paying Out A Larger Dividend Than Last Year

The board of S H Kelkar and Company Limited ( NSE:SHK ) has announced that it will be paying its dividend of ₹2.00 on...

Recent updates

Narrative Update Jun 05

SHK: Planned Italy Stake Sale Will Support Further Share Price Upside

Analysts have kept the price target for S H Kelkar unchanged at ₹270. This reflects only minor tweaks to inputs such as discount rate, revenue growth assumptions and future P/E in their refreshed valuation work.
Analysis Article May 23

S H Kelkar's (NSE:SHK) Anemic Earnings Might Be Worse Than You Think

Investors were disappointed by S H Kelkar and Company Limited's ( NSE:SHK ) latest earnings release. We did some...
Analysis Article May 20

S H Kelkar and Company Limited Just Missed Earnings - But Analysts Have Updated Their Models

There's been a notable change in appetite for S H Kelkar and Company Limited ( NSE:SHK ) shares in the week since its...
Narrative Update May 19

SHK: Upcoming Stake Sale Will Unlock Further Share Upside Potential

Analysts keep their fair value estimate for S H Kelkar steady at ₹270. This reflects slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E, rather than a clear directional shift in the price target itself.
Narrative Update Apr 09

SHK: Upcoming Dividend And Stake Sale Will Unlock Share Upside Potential

Analysts have kept the fair value estimate for S H Kelkar steady at ₹270, citing only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E that are not large enough to shift the overall price target. What's in the News Board meeting scheduled on Feb 06, 2026, to review unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, consider an interim dividend on equity shares for FY 2025-26, evaluate additional equity investment in Keva Middle East FZE, and address other matters (Key Developments).
Narrative Update Mar 26

SHK: Upcoming Dividend And Subsidiary Moves Will Unlock Share Upside Potential

Analysts have kept the S H Kelkar price target steady at ₹270, citing broadly unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E as the basis for this reaffirmation. What's in the News A board meeting is scheduled on February 6, 2026 to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, to consider an interim dividend on equity shares for FY 2025-26, to evaluate additional equity investment in Keva Middle East FZE, and to address other matters (company filing).
Narrative Update Mar 11

SHK: Upcoming Dividend Decision Will Signal Upside Potential For Shares

Analysts have kept their fair value estimate for S H Kelkar steady at ₹270. They cite only marginal model tweaks to discount rate, revenue growth, profit margin and future P/E that do not materially alter their overall view on the stock.
Narrative Update Feb 25

SHK: Board Decisions On Interim Dividend And Subsidiary Funding Will Reveal Value

Analysts have kept their ₹270 price target on S H Kelkar broadly unchanged, reflecting only minor tweaks to assumptions such as a slightly higher discount rate and marginally adjusted revenue growth, profit margin, and future P/E inputs. What's in the News Board meeting scheduled for February 6, 2026, at 16:41 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Feb 11

SHK: Lower Margin Outlook Will Highlight Value Ahead Of Interim Dividend

Analysts have reduced their fair value estimate for S H Kelkar from ₹430 to ₹270, reflecting updated assumptions around profit margin compression and a lower future P/E multiple, despite slightly adjusted growth inputs. What's in the News Board meeting scheduled on February 6, 2026 at 16:41 IST to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Analysis Article Jan 15

Is S H Kelkar (NSE:SHK) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Dec 04

The Price Is Right For S H Kelkar and Company Limited (NSE:SHK) Even After Diving 26%

To the annoyance of some shareholders, S H Kelkar and Company Limited ( NSE:SHK ) shares are down a considerable 26% in...
Analysis Article May 25

There May Be Some Bright Spots In S H Kelkar's (NSE:SHK) Earnings

The market was pleased with the recent earnings report from S H Kelkar and Company Limited ( NSE:SHK ), despite the...
Analysis Article May 20

What You Can Learn From S H Kelkar and Company Limited's (NSE:SHK) P/E

With a price-to-earnings (or "P/E") ratio of 42.7x S H Kelkar and Company Limited ( NSE:SHK ) may be sending very...
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New Narrative Mar 17

Investments In Europe, UK, And USA Will Enhance Product Development And Global Engagement

Strategic investments in Europe, the UK, and the USA are expected to drive revenue growth and enhance S H Kelkar's market presence.
Analysis Article Mar 07

The Returns At S H Kelkar (NSE:SHK) Aren't Growing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Feb 15

Some Confidence Is Lacking In S H Kelkar and Company Limited's (NSE:SHK) P/S

With a median price-to-sales (or "P/S") ratio of close to 1.4x in the Chemicals industry in India, you could be...
Analysis Article Jan 09

Is S H Kelkar (NSE:SHK) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 23

There May Be Reason For Hope In S H Kelkar's (NSE:SHK) Disappointing Earnings

Soft earnings didn't appear to concern S H Kelkar and Company Limited's ( NSE:SHK ) shareholders over the last week...
Analysis Article Oct 21

Why Investors Shouldn't Be Surprised By S H Kelkar and Company Limited's (NSE:SHK) 25% Share Price Surge

Despite an already strong run, S H Kelkar and Company Limited ( NSE:SHK ) shares have been powering on, with a gain of...
Analysis Article Aug 30

S H Kelkar and Company Limited's (NSE:SHK) 28% Price Boost Is Out Of Tune With Revenues

S H Kelkar and Company Limited ( NSE:SHK ) shareholders have had their patience rewarded with a 28% share price jump in...
Analysis Article Mar 13

S H Kelkar's (NSE:SHK) Returns Have Hit A Wall

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Feb 09

S H Kelkar and Company Limited's (NSE:SHK) Shareholders Might Be Looking For Exit

There wouldn't be many who think S H Kelkar and Company Limited's ( NSE:SHK ) price-to-earnings (or "P/E") ratio of...
Analysis Article Oct 25

Estimating The Fair Value Of S H Kelkar and Company Limited (NSE:SHK)

Key Insights The projected fair value for S H Kelkar is ₹150 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Aug 01

S H Kelkar (NSE:SHK) Is Paying Out A Larger Dividend Than Last Year

The board of S H Kelkar and Company Limited ( NSE:SHK ) has announced that it will be paying its dividend of ₹2.00 on...
Analysis Article Jul 18

S H Kelkar (NSE:SHK) Has Announced That It Will Be Increasing Its Dividend To ₹2.00

The board of S H Kelkar and Company Limited ( NSE:SHK ) has announced that it will be paying its dividend of ₹2.00 on...
Analysis Article Jun 02

S H Kelkar (NSE:SHK) Is Increasing Its Dividend To ₹2.00

S H Kelkar and Company Limited's ( NSE:SHK ) periodic dividend will be increasing on the 9th of September to ₹2.00...
Analysis Article Apr 02

S H Kelkar and Company Limited's (NSE:SHK) Intrinsic Value Is Potentially 17% Below Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, S H Kelkar fair value estimate is ₹82.54 S H Kelkar is...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SHK's dividend payments have been volatile in the past 10 years.

Growing Dividend: SHK's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

S H Kelkar Dividend Yield vs Market
How does SHK dividend yield compare to the market?
SegmentDividend Yield
Company (SHK)1.6%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Chemicals)0.8%
Analyst forecast (SHK) (up to 3 years)2.3%

Notable Dividend: SHK's dividend (1.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: SHK's dividend (1.64%) is in the top 25% of dividend payers in the Indian market (1.5%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.6%), SHK's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), SHK's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 03:08
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

S H Kelkar and Company Limited is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Anil BurraFirstCall Research
Richard LiuJM Financial Institutional Securities Limited