Submission of Press Release in respect of Unaudited (Standalone and Consolidated) Financial Results for the Quarter Ended June 30,2026

July 28, 2026 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 539450 Scrip Symbol: SHK Dear Sir/ Madam, Sub: Submission of Investor Presentation and Press Release in respect of Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026 Further to the approval of Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026 by the Board of Directors of the Company at its meeting held on July 28, 2026 and submission of the same to the Stock Exchanges, we submit herewith Investor Presentation and Press Release in respect of financial results. This intimation is also being uploaded on the Company’s website at www.keva.co.in You are requested to take the same on record. Thanking you, Yours faithfully, For S H Kelkar and Company Limited Deepti Chandratre Global Legal Counsel and Company Secretary Encl: As above S H KELKAR AND COMPANY LIMITED Q1 FY2027 Earnings Presentation July 28, 2026 Disclaimer Certain statements and opinions with respect to the anticipated future performance of SH Kelkar (SHK) in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Such forward-looking statements involve a number of risks, uncertainties and assumptions which could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These include, among other factors, changes in economic, political, regulatory, business or other market conditions. Such forward-looking statements only speak as at the date the presentation is provided to the recipient and SHK is not under any obligation to update or revise such forward-looking statements to reflect new events or circumstances. No representation or warranty (whether express or implied) is given in respect of any information in this presentation or that this presentation is suitable for the recipient’s purposes. The delivery of this presentation does not imply that the information herein is correct as at any time subsequent to the date hereof and SHK has no obligation whatsoever to update any of the information or the conclusions contained herein or to correct any inaccuracies which may become apparent subsequent to the date here Management Comment Commenting on the Company’s strategic direction, Mr. Kedar Vaze, Whole Time Director & CEO at SH Kelkar and Company Ltd. said: “We have made a healthy start to the year, supported by sustained demand across key customer segments and encouraging momentum in the business. The performance reflects the strength of our customerrelationships,diversifiedproductportfolio, andcontinuedfocusonexecution. Building on the progress of our strategic growth initiatives, our focus is increasingly on leveraging our expanded capabilities to deepen customer partnerships and broaden the opportunity pipeline. The continued strengthening of our R&D, Creative Development Centres, and manufacturing platform is enhancing our ability to respond more effectively to evolving customer requirements and develop differentiatedsolutions acrosscategoriesand markets. While the operating environment remains dynamic, our diversified presence, established customer relationships and expanding capabilities provide a strong platform to participate in the industry’s long- termgrowth.” Management Comment Commenting on the performance and financial priorities, Mr. Jagdish Agarwal, Group Chief Financial Officer at SH Kelkar and Company Ltd. said: “The Fragrance segment delivered healthy growth during Q1 FY27, while the Flavour segment recorded strong growth across geographies and was a key contributor to the overall performance. On a consolidated basis, revenues increased by 14% YoY to Rs. 662 crore. Gross margins remained stable YoY, supported by a healthy product mix and proactive raw material planning. EBITDA margin improved to 13.4%,aidedby operatingleveragefrom thehigherrevenuebase. The global environment remains fluid, with geopolitical developments and volatility in select raw material prices requiring close monitoring. Our strategic inventory build-up has provided greater supply assurance and supported business continuity, while also resulting in higher working capital requirements. Debt levels remain consistent with our earlier guidance. While we continue to navigate near-termheadwinds,we remainfirmlycommittedtodeleveragingoverthemediumtolongterm. Looking ahead through FY27, the pace of revenue growth may vary across quarters depending on the timing of customer orders, with margins influenced by changes in product mix, raw material costs and the phasing of operating expenses. Notwithstanding these quarterly variations, the current business momentum keeps us on track to deliver double-digit revenue growth and improved margins for the full year. We remain focused on balancing growth with financial discipline through appropriate pricing and cost-managementinitiatives,improvedcashconversionandprudentcapitalallocation.” Q1 FY27 – Revenue from Operations Highlights Revenue From Operations Gross Profit EBITDA 662 281 581 245 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Shift % (YoY) 14.1% Shift % (YoY) 14.8% Shift % (YoY) 21.3% Margins % 42.7% 42.4% Margins % 13.4% 12.6%  Revenue increased by 14% YoY to Rs. 662 crore, supported by healthy growth in the Fragrance business and strong performance across geographies in the Flavour segment  Gross margins remained stable during the quarter, supported by a healthy product mix and proactive raw material planning  EBITDA margin improved to 13.4%, supported by operating leverage from the higher revenue base, despite increased operating costsassociated with the expanded global CDC network. Margins may vary across quarters depending on revenue scale and the corresponding absorption of fixed operating costs Note: 1) FiguresinRs.croreunlessspecifiedotherwise 5 Q1 FY27 Q1 FY26 Revenue Performance (excl Global Ingredients) – Q1 FY27 Market Segment Business Segment 539 523 495 458 112 128 106 Emerging Market Europe Fragrances Flavour Shift % (Y-o-Y) 9.0% 63.2% Shift % (Y-o-Y) 14.3% 21.3% Geography Wise 148 140 India Europe ROW Shift % (Y-o-Y) 4.8% 23.7% 44.1% Note: 1) FiguresinRs.croreunlessspecifiedotherwise 6 2) EuropeunderMarketSegmentincludessalesfromCFFandHollandAromatics,whileGeography-wiseEuroperepresentssalesintotheEuropeanregion Segmental Performance (excl Global Ingredients) – Q1 FY27 Fragrance Division –Revenue Fragrance Division –EBITDA 495 56 59  Core Fragrance business delivered healthy revenue growth during the quarter, supported by sustained customer engagement and demand acrosskeyend-usesegments − Segment EBITDA moderated during Q1 FY27 Q1 FY27 Q1 FY27 Q1 FY26 the quarter, reflecting higher Shift % (Y-o-Y) 9.0% -5.1% operating expenses associated with thestrengtheningofR&Dcapabilities and the expanded global CDC network Flavour Division –Revenue Flavour Division –EBITDA 112 35  Flavour business delivered robust growth during the quarter, driven by strong international demand and deeper engagement with key customersacrossmarkets Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 − Quarterly performance is expected to vary depending on customer Shift % (Y-o-Y) 63.2% 154.8% orderingpatternsinsomemarkets Note: 1) Figures in Rs. crore unless specified otherwise 7 Global Ingredients – Q1 FY27 Revenue EBITDA -2.3 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Shift % (Y-o-Y) -44.7% NA  Global Ingredients recorded a softer performance during the quarter, impacted by lower demand in select export marketsamidongoing geopolitical uncertainty  Near-term visibility remains limited, with customer ordering patterns likely to remain sen [Showing first 8,000 characters — download PDF for full document]