The evidence leans constructive4 supporting, 1 against, 0 worth knowing
Supporting
trading 6% above its 200-day average
3 independent kinds of evidence agree today, which is uncommon
revenue grew 41% year on year in the quarter ending 2026-06-30
net margin has widened from 3.2% to 6.9% across four quarters
Against
down 39% over twelve months
Worth knowing
nothing the data supports either way
What would change this read: a close below 149, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Operating cash flow was Rs 263 cr against Rs 97 cr of profit over four quarters, 270% of it.
Rs 263 crRs 97 cr270%
Revenue +22.1% year on year, Rs 542 cr to Rs 662 cr.
+22.1%Rs 542 crRs 662 cr
Net profit +14.1% year on year, Rs 40 cr to Rs 45 cr.
+14.1%Rs 40 crRs 45 cr
Needs watching1
Fragrance is 83% of revenue, so the business rests on one segment.
Fragrance83%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
9 of 47 matched on 2026-08-21
SHK matches 9 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
SHK reports 2 business segments. The largest is Fragrance at 83% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Fragrance550 cr83.0%—
Flavours112 cr17.0%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
7.1%
trailing profit over shareholders’ funds
Return on capital
7.3%
pre-tax profit over equity plus borrowings
Debt to equity
0.62×
851 cr borrowed against 1,362 cr of equity
Net debt
787 cr
borrowings less cash
Cash conversion
270%
operating cash flow as a share of profit
Receivable days
95
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
138 sessions since 2024-09-06
19×
median 25×
212×
now 22×
SHK trades at 22× trailing earnings, below its median of 25× over this window — 9% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Management filings were typically -0.01pt vs the market over the next 5 sessions (n=1,988) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 41% against the same quarter a year earlier
net margin widened from 0.3% to 6.9%
revenue rose in 4 of the last 4 quarters
Going against it
profit dropped 152% year on year
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
662
69
45
3.24
6.9%
Q4 FY26
2026-03-31 · consolidated
650
14
2
0.13
0.3%
Q3 FY26
2025-12-31 · consolidated
584
50
33
2.36
5.6%
Q3 FY25
2024-12-31 · consolidated
543
28
18
1.27
3.2%
Q2 FY25
2024-09-30 · consolidated
542
64
40
2.87
7.3%
Q1 FY25
2024-06-30 · consolidated
470
-73
-87
-6.25
-18.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+7.7%
Versus 200-day average+5.8%
Below 52-week high-41.0%
Above 52-week low+40.2%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)36.1
Higher closes in last 51 of 5
Six-month return+5.20%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.