The evidence leans constructive5 supporting, 3 against, 1 worth knowing
Supporting
matches profit that turns into cash, which has beaten the market by +2.73 points over 20 sessions across 9,184 past signals
5 of the scans it matches have a positive measured record
4 independent kinds of evidence agree today, which is uncommon
revenue grew 41% year on year in the quarter ending 30 June 2026
net margin has widened from 3.2% to 6.9% across four quarters
Against
trading 2% below its 200-day average
down 42% over twelve months
1 of the scans it matches has historically underperformed the market
Worth knowing
RSI at 22 is washed out — historically the better half of this site's measured edge comes from exactly this condition
What would change this read: a close back above 147, 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
from the filings and from the price, with the figure behind every line
Working4
Operating cash flow was Rs 263 cr against Rs 97 cr of profit, which is 270% of it.
Rs 263 crRs 97 cr270%
Revenue rose 22.1% year on year, from Rs 542 cr to Rs 662 cr.
+22.1%Rs 542 crRs 662 cr
Net profit rose 14.1% year on year, from Rs 40 cr to Rs 45 cr.
+14.1%Rs 40 crRs 45 cr
3 different kinds of evidence point at it tonight, not 3 versions of the same one.
3 families
Needs watching5
Fragrance accounts for 83% of segment revenue, making it the largest reported segment.
Fragrance83%
Trading 2.5% below its 200-day average.
-2.5%
42% below its 52-week high.
-42%
Down 42.1% over the past year.
-42.1%
A warning rule fires on it tonight: lost the 200-day line.
Lost the 200-day line
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 4 of these 4 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
8 of 47 matched on 10 Sep
SHK matches 8 of the 47 scans today, across 4 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 30 June 2026. 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 31 March 2026
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
148 sessions since 14 November 2024
19×
median 24×
210×
now 20×
SHK trades at 20× trailing earnings, below its median of 24× over this window — 13% 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 +0.06pt vs the market over the next 5 sessions (n=2,634) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202)
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
30 Jun · consolidated
662
69
45
3.24
6.9%
Q4 FY26
31 Mar · consolidated
650
14
2
0.13
0.3%
Q3 FY26
31 Dec · consolidated
584
50
33
2.36
5.6%
Q3 FY25
31 Dec · consolidated
543
28
18
1.27
3.2%
Q2 FY25
30 Sep · consolidated
542
64
40
2.87
7.3%
Q1 FY25
30 Jun · 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-4.5%
Versus 200-day average-2.5%
Below 52-week high-41.7%
Above 52-week low+27.8%
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)21.9
Higher closes in last 51 of 5
Six-month return+11.28%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.26%
Volume versus 20-day0.6x
Median daily turnoverRs 5.1 cr
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
3 Sep
3
Uptrend taking a breather, Oversold, but trend intact, Growing fast, sold off anyway
2 Sep
3
Uptrend taking a breather, Oversold, but trend intact, Growing fast, sold off anyway
1 Sep
2
Uptrend taking a breather, Oversold, but trend intact