S.H. Kelkar & Co Ltd. is a holding company, which engages in the manufacture and sale of fragrances and flavours. It operates through the Fragrances and Flavours segment. The Fragrances segment manufactures and trades in fragrances and aroma ingredients for fragrances. The Flavours segment focuses on flavours that are used as a raw material by producers of baked goods, dairy products, confectionery, savoury, beverages, and pharmaceutical products. The company was founded in 1922 and is headquartered in Mumbai, India.