Leadership In Transition: S H Kelkar Names Deepti Chandratre As Interim CFO

Updated: October 07, 2025 14:55

Image Source : IndiaMART

S H Kelkar and Company Ltd has appointed Deepti Chandratre as interim CFO following a leadership transition. With deep internal experience, she will oversee financial operations and reporting during the search for a permanent CFO. The move ensures continuity as the company enters a key demand cycle and prepares for Q3 earnings.

S H Kelkar and Company Ltd, a leading fragrance and flavour manufacturer, has appointed Deepti Chandratre as its interim Chief Financial Officer. The move comes as part of a strategic leadership transition aimed at maintaining financial continuity and operational stability during a critical phase of business growth.

Key Developments

- Deepti Chandratre steps into the interim CFO role following the departure of the previous finance head

- She brings over two decades of experience in corporate finance, compliance, and strategic planning across manufacturing and FMCG sectors

- Chandratre has been associated with S H Kelkar’s finance team since 2021, serving as Vice President – Finance

- Her appointment ensures seamless continuity in financial operations, reporting, and investor relations

- The company has initiated a formal search for a permanent CFO, expected to conclude within the next quarter

- Chandratre will oversee quarterly earnings preparation, audit coordination, and capital allocation strategies during her interim tenure

- The leadership change comes ahead of the company’s festive season demand cycle and export order fulfilment phase

Strategic Takeaways

- The interim appointment reflects S H Kelkar’s commitment to internal talent elevation and succession planning

- Chandratre’s familiarity with the company’s financial systems and stakeholder expectations positions her well for the role

- Analysts view the move as stabilising, especially amid volatile input costs and currency fluctuations

- The company continues to focus on margin improvement, global expansion, and product innovation in aroma molecules and flavour blends

Market Outlook

- S H Kelkar is expected to report steady revenue growth in Q3 FY2026, supported by festive demand and export traction

- The company’s financial discipline and cost optimisation efforts remain central to its mid-term strategy

- Investor sentiment is likely to remain neutral-to-positive, pending updates on permanent CFO selection and Q3 performance

- The fragrance industry is witnessing increased demand from personal care, food, and wellness segments, offering growth tailwinds

Sources: BSE Corporate Filings, S H Kelkar Investor Relations Update, Economic Times FMCG Desk, Mint Leadership Tracker, Business Standard Manufacturing Briefs 2025

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