SKM Egg Products Export (India) Limited has informed the Exchange about Transcript
SKMEGGPROD · price
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SKM Egg Products reported stellar FY26 results with sales of Rs. 767 crore (up 58% YoY), PAT of Rs. 102 crore (first time crossing Rs. 100 crore), and operating profit margin improving from 14% to 21%. The company announced a Rs. 400 crore capex for environmental control layer sheds to expand from 20 lakh to 40 lakh birds by 2028-29, which management highlighted as primarily a margin improvement play saving Rs. 0.50 per egg versus market procurement. The company also disclosed acquisition of SKM Universal for Rs. 37 crore valuation to bring back the branded egg business and windmill operations into the listed entity. Management set a Rs. 1,000 crore revenue target for 2030 and aims to expand powder capacity from 7,000 to 10,000 tons over five years. Average powder realization is around Rs. 722/kg with 70-75% business on contractual basis.
Strong margin expansion driven by backward integration and operational efficiency should support re-rating. The acquisition of branded egg business and upcoming Japan branch expansion could add new growth avenues. However, near-term top-line growth may be muted as the company operates at full capacity until new sheds commission by 2028-29.