VENKEYSNSEVenky's (India) Limited· Food And Food ProcessingHighPositive
Announced Mon, 12 May · 12:54 IST

Venky's (India) Limited has informed the Exchange about Capacity addition

Major Capex Above 10pct NetworthCapex & Operations View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Venky's (India) has announced two growth initiatives with a combined investment of about Rs. 86 Crore. First, the company is expanding its SPF (Specific Pathogen Free) eggs production by adding new sheds at its existing Maharashtra facility, costing around Rs. 70 Crore, funded partly by bank loans and internal accruals, with commercial production expected by Q3 FY2026-27. Existing capacity is already running at 100% bird placement, showing strong demand. Second, the company is foraying into the ready-to-cook spices segment with ready mix masala powders, manufactured at its existing Maharashtra unit. This project costs about Rs. 16 Crore (fully funded by internal accruals) with a daily capacity of 1,700 kgs, and commercial production is expected to start by end of Q1 FY2025-26.

Likely market impact

The move addresses rising demand for SPF eggs and diversifies Venky's into the growing ready-to-cook convenience foods category, which is positive for long-term growth. Near-term, the capex and ramp-up period may pressure margins, but the 100% current capacity utilization supports the case for expansion.