Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1095 Cr.
Stock P/E
10.5
P/B
2.6
Current Price
₹208
Book Value
₹ 79.6
Face Value
5
52W High
₹371.5
52W Low
₹ 144
Dividend Yield
0.6%

SKM Egg Products Exp Overview

Business

SKM Egg Products Export (India) Ltd. is a leading Indian producer and exporter of processed egg products. The company primarily engages in the business of manufacturing and exporting value-added egg products, including egg powder (whole egg powder, egg yolk powder, egg albumin powder), liquid egg products, and frozen egg products. Its core business model revolves around sourcing shell eggs from poultry farms, processing them in technologically advanced facilities to meet international food safety and quality standards, and then exporting these products to various food industries globally. It makes money by selling these processed egg products to clients in segments such as bakeries, confectioneries, noodles, pasta, convenience foods, and pharmaceutical industries worldwide.

Revenue Mix

The company's revenue is primarily derived from the export of processed egg products. While specific revenue percentages for each product type are not publicly available, its main product categories include:

Egg Powder: Whole egg powder, egg yolk powder, egg albumin (white) powder. These are shelf-stable and widely used in baking, confectioneries, and food processing.

Liquid Egg Products: Pasteurized liquid whole egg, liquid egg yolk, liquid egg albumin. These offer convenience and consistent quality for industrial food applications.

Frozen Egg Products: Frozen whole egg, egg yolk, egg albumin. These provide longer shelf life and are used in various food manufacturing processes.

Given its name, "Export" is a significant segment, indicating a strong focus on international markets rather than domestic retail.

Industry

The global egg processing industry is driven by demand for convenience, consistent quality, and safety in food manufacturing. It is a B2B industry primarily serving food service, food manufacturing, and pharmaceutical sectors. SKM Egg Products operates in a global market where quality certifications (e.g., HACCP, ISO, BRC, Halal, Kosher) and adherence to international health standards are critical for market access. The company is positioned as one of India's prominent exporters of processed egg products, leveraging India's large poultry base and cost-effective raw material sourcing. Competition comes from other international egg processors, particularly from Europe and North America, as well as emerging players in Asia.

MOAT

SKM Egg Products possesses several potential competitive advantages:

Scale and Integrated Operations: Operating large-scale processing facilities capable of meeting significant international demand.

Certifications & Quality Standards: Adherence to stringent international quality and food safety certifications (e.g., EU approval, various global standards) acts as a high barrier to entry and a switching cost for buyers who depend on these specific compliances.

Export-Oriented Infrastructure & Experience: Established logistics and distribution networks for global export, coupled with extensive experience in navigating international trade regulations.

Cost Efficiency: Leveraging India's competitive advantages in raw material sourcing (eggs) and labor costs, potentially offering a cost advantage in the global market.

Growth Drivers

Increasing Global Demand for Processed Foods: Growth in convenience food, bakery, confectionery, and ready-to-eat sectors worldwide drives demand for processed egg products as ingredients.

Expansion into New Geographies: Untapped or growing markets for processed egg products in developing economies can provide new export opportunities.

Product Diversification: Developing new value-added egg products or expanding into niche applications within the food and pharmaceutical industries.

Rising Per Capita Consumption: General increase in egg consumption globally translates to higher demand for both shell eggs and processed derivatives.

Focus on Food Safety & Quality: As global standards for food safety increase, reliable suppliers like SKM who meet these standards gain preference.

Risks

Volatility in Raw Material Prices: Fluctuations in shell egg prices (due to feed costs, weather, disease outbreaks) directly impact profitability.

Avian Influenza & Disease Outbreaks: Outbreaks of poultry diseases can disrupt supply, lead to culling, and trigger import bans from affected regions, severely impacting operations and exports.

Currency Fluctuations: As an exporter, adverse movements in foreign exchange rates can affect realized revenues and profitability.

International Trade Barriers & Regulations: Changes in import tariffs, non-tariff barriers, or stricter food safety regulations in key export markets can impact market access.

Intense Competition: Competition from large global players and other emerging market exporters can put pressure on pricing and margins.

Logistical Challenges: Disruptions in global shipping and logistics can impact delivery schedules and costs.

Management & Ownership

SKM Egg Products Export (India) Ltd. is a promoter-driven company, characteristic of many Indian businesses. The "SKM" prefix suggests a family or group associated with its founding and ongoing management. Promoter-led companies often have a long-term vision and commitment to the business, but governance can sometimes be concentrated. Specific details on individual management quality or the exact ownership structure beyond it being promoter-led would require further external information.

Outlook

SKM Egg Products is well-positioned to capitalize on the growing global demand for processed egg products, driven by trends in convenience food, food safety, and industrial applications. Its established export infrastructure, quality certifications, and potential cost advantages from Indian sourcing provide a strong foundation for continued growth. However, the company operates in a volatile environment, highly susceptible to raw material price fluctuations, poultry disease outbreaks (like avian influenza which can severely impact supply and export viability), and changes in international trade policies. Managing these risks, particularly through robust biosecurity measures, supply chain diversification, and hedging strategies, will be crucial for sustainable performance and maximizing the opportunities presented by the expanding global market for value-added egg products.

SKM Egg Products Exp Share Price

Live · BSE / NSE · Inception: 1995
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

SKM Egg Products Exp Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 162 118 127 135 117 176 202 204 187 184
Other Income 9 3 4 2 5 4 2 5 -3 7
Total Income 172 121 131 137 122 180 204 208 183 192
Total Expenditure 152 101 113 121 105 151 165 161 135 153
Operating Profit 20 20 18 16 17 29 40 47 49 39
Interest 3 3 2 3 3 3 3 4 3 3
Depreciation 3 3 3 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 14 14 13 10 10 22 33 40 42 32
Provision for Tax 4 2 3 3 3 6 8 10 10 8
Profit After Tax 10 12 9 7 6 16 24 30 32 24
Adjustments 0 0 -1 0 0 -0 0 0 0 0
Profit After Adjustments 10 12 9 8 6 16 25 30 33 24
Adjusted Earnings Per Share 1.9 2.3 1.6 1.4 1.2 3.1 4.7 5.7 6.2 4.5

SKM Egg Products Exp Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 303 232 318 335 313 269 302 662 701 498 768 777
Other Income 14 23 20 14 21 13 8 1 12 14 19 11
Total Income 317 256 337 348 334 282 310 663 713 512 787 787
Total Expenditure 267 238 322 330 313 237 272 518 550 419 597 614
Operating Profit 50 17 16 18 21 45 39 145 162 93 191 175
Interest 3 5 5 4 6 4 4 9 10 11 15 13
Depreciation 12 12 6 6 7 21 24 34 40 35 39 16
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 35 0 5 7 8 21 10 103 114 46 137 147
Provision for Tax 10 -1 3 1 3 4 3 27 29 12 34 36
Profit After Tax 25 2 1 6 5 16 7 76 85 35 104 110
Adjustments -0 0 -0 -1 -1 -0 0 -0 0 0 -0 0
Profit After Adjustments 25 2 1 5 5 16 7 76 85 35 104 112
Adjusted Earnings Per Share 4.7 0.3 0.2 0.9 0.9 3.1 1.4 14.4 16.2 6.6 19.7 21.1

SKM Egg Products Exp Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 92 91 92 97 100 115 120 195 277 303 395
Minority's Interest 1 0 0 0 0 1 1 1 1 1 1
Borrowings 1 0 0 5 4 1 4 14 49 38 30
Other Non-Current Liabilities 8 7 8 7 7 13 11 15 14 32 27
Total Current Liabilities 68 74 80 73 93 80 97 114 129 120 142
Total Liabilities 169 172 181 183 204 210 233 339 469 494 595
Fixed Assets 66 61 64 62 65 69 70 75 114 188 178
Other Non-Current Assets 5 6 4 8 5 5 4 26 39 5 13
Total Current Assets 98 106 113 112 135 135 159 237 316 300 405
Total Assets 169 172 181 183 204 210 233 339 469 494 595

SKM Egg Products Exp Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 6 -16 -26 -22 -15 -41 -42 -53 -13 55 73
Cash Flow from Operating Activities 30 -4 17 14 -12 26 2 60 109 65 53
Cash Flow from Investing Activities -6 -1 -7 -6 -5 -17 -8 -16 -54 -23 -81
Cash Flow from Financing Activities -10 -5 -5 -1 -9 -10 -5 -5 13 -25 -31
Net Cash Inflow / Outflow 13 -10 4 7 -26 -1 -11 39 68 18 -59
Closing Cash & Cash Equivalent 19 -26 -22 -15 -41 -42 -53 -13 55 73 14

SKM Egg Products Exp Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.66 0.31 0.24 0.92 0.89 3.1 1.41 14.42 16.22 6.57 19.7
CEPS(Rs) 7.01 2.59 1.41 2.34 2.35 7.03 6 20.81 23.76 13.13 27.18
DPS(Rs) 0.5 0 0.25 0.25 0.25 0.5 0.25 1.25 1.25 0.75 1.25
Book NAV/Share(Rs) 17.38 17.36 17.52 18.36 18.91 21.76 22.79 36.97 52.6 57.57 75.07
Core EBITDA Margin(%) 12 -2.61 -1.24 1.27 0.16 11.75 10.2 21.78 21.5 15.79 22.33
EBIT Margin(%) 12.54 2.26 3.06 3.41 4.59 9.13 4.68 16.92 17.72 11.59 19.82
Pre Tax Margin(%) 11.67 0.1 1.45 2.1 2.64 7.69 3.41 15.49 16.25 9.32 17.89
PAT Margin (%) 8.21 0.69 0.41 1.75 1.73 6.08 2.44 11.48 12.18 6.95 13.53
Cash Profit Margin (%) 12.19 5.87 2.34 3.69 3.95 13.76 10.45 16.56 17.85 13.89 18.63
ROA(%) 15.55 0.93 0.74 3.21 2.8 7.91 3.34 26.59 21.14 7.19 19.08
ROE(%) 30.73 1.74 1.42 6.19 5.51 15.27 6.3 48.3 36.21 11.93 29.74
ROCE(%) 31.68 3.99 7.15 8.2 9.29 14.53 7.66 46.45 35.72 13.76 32.37
Receivable days 19.9 28.72 27.1 28.76 28.85 27.39 25.19 17.46 17.39 21.12 21.44
Inventory Days 62.25 88.08 60.42 51.82 71.82 105 104.02 58.36 60.65 80.15 54.32
Payable days 40.06 46.1 41.28 45.38 42.44 42.83 28.47 18.24 20.6 27.65 22.84
PER(x) 9.6 131.63 179.21 27.42 17.33 7.57 21.81 4.5 6.64 12.32 7.59
Price/Book(x) 2.57 2.34 2.43 1.38 0.82 1.08 1.35 1.76 2.05 1.41 1.99
Dividend Yield(%) 1.12 0 0.59 0.99 1.62 2.13 0.81 1.92 1.16 0.93 0.84
EV/Net Sales(x) 0.83 1.03 0.78 0.46 0.41 0.62 0.73 0.56 0.8 0.81 1.06
EV/Core EBITDA(x) 5.03 13.89 15.56 8.6 5.97 3.74 5.72 2.55 3.47 4.33 4.26
Net Sales Growth(%) 4.43 -23.36 36.8 5.32 -6.43 -14.03 12.4 118.79 5.95 -29 54.27
EBIT Growth(%) -5.58 -86.2 85.26 17.35 26.12 70.82 -42.33 690.29 11 -53.56 163.76
PAT Growth(%) -2.5 -93.59 -18.13 348.35 -7.51 202.46 -54.79 927.71 12.38 -59.49 200.25
EPS Growth(%) -3.63 -93.39 -22.79 287.13 -3.19 247.46 -54.52 923.49 12.5 -59.48 199.74
Debt/Equity(x) 0.39 0.48 0.48 0.47 0.68 0.49 0.66 0.45 0.49 0.4 0.3
Current Ratio(x) 1.44 1.43 1.41 1.54 1.45 1.69 1.64 2.07 2.45 2.51 2.86
Quick Ratio(x) 0.64 0.64 0.82 0.88 0.64 0.69 0.68 1.04 1.56 1.64 1.98
Interest Cover(x) 14.4 1.05 1.9 2.61 2.35 6.36 3.69 11.9 12.04 5.11 10.28
Total Debt/Mcap(x) 0.15 0.21 0.2 0.34 0.84 0.45 0.49 0.26 0.24 0.29 0.15

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +54% +5% +23% +10%
Operating Profit CAGR +105% +10% +34% +14%
PAT CAGR +197% +11% +45% +15%
Share Price CAGR +23% -1% +38% +20%
ROE Average +30% +26% +27% +18%
ROCE Average +32% +27% +27% +19%

SKM Egg Products Exp Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 57.47 %
FII 0.76 %
DII (MF + Insurance) 0.19 %
Public (retail) 41.57 %
Others 0.01 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 55.1155.1155.1155.456.2557.3957.4357.4757.4757.47
FII 0.770.140.040.070.290.10.760.491.30.76
DII 000000.220.320.360.210.19
Public 44.1144.7544.8444.5343.4642.2941.4941.6841.0241.57
Others 0000000000
Total 100100100100100100100100100100

SKM Egg Products Exp Peer Comparison

Consumer Food Edit Columns

SKM Egg Products Exp Quarterly Price

10-year quarterly close · BSE
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News & Updates

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SKM Egg Products Exp Pros & Cons

Pros

  • Company has delivered good profit growth of 45% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26%
  • Debtor days have improved from 27.65 to 22.84days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

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