SKMEGGPROD - SKM Egg Prod.
📢 Recent Corporate Announcements
SKM Shree Shivkumar, a promoter of SKM Egg Products Export (India) Limited, acquired 10,000 equity shares via the open market on February 26, 2026. This transaction represents a 0.02% stake in the company, increasing the promoter group's total holding from 45.54% to 45.56%. While the volume of the acquisition is relatively small, open market purchases by promoters are generally interpreted as a positive signal of confidence in the company's future performance.
- Promoter SKM Shree Shivkumar purchased 10,000 equity shares (0.02% stake) through the open market.
- The acquisition took place on February 26, 2026, as per the SEBI (SAST) disclosure.
- Total promoter holding increased from 2,39,82,278 shares (45.54%) to 2,39,92,278 shares (45.56%).
- The company's total paid-up equity capital remains at 5,26,60,000 shares.
Promoter SKM Shree Shivkumar has increased his stake in SKM Egg Products Export (India) Limited through open market purchases. The promoter acquired a net of 10,000 shares (10,001 acquired and 1 sold) between February 11 and February 12, 2026. This transaction marginally raises the promoter's total holding from 45.52% to 45.54%. While the volume is relatively small, open market purchases by promoters are generally viewed as a positive signal of confidence in the company's valuation.
- Net acquisition of 10,000 equity shares by promoter SKM Shree Shivkumar via open market.
- Promoter stake increased from 45.52% (2,39,72,278 shares) to 45.54% (2,39,82,278 shares).
- The transactions were executed between February 11, 2026, and February 12, 2026.
- Total paid-up equity capital of the company stands at 5,26,60,000 shares post-stock split.
SKM Egg Products has responded to the National Stock Exchange's request for clarification regarding its Q3 FY26 financial results. The company clarified that it operates under a single business segment, as its poultry farms and feed mills are integrated units for egg production rather than independent divisions. Additionally, it addressed a technical error where the auditor's digital signature was missing from the initial filing. The subsidiary, SKM Europe BV, reported a revenue of ₹899.43 lakhs for the quarter with a net loss of ₹17.59 lakhs.
- Clarified single business segment reporting for manufacturing and marketing of egg products and eggs.
- Resubmitted Consolidated Limited Review Report with the auditor's digital signature after a technical upload error.
- Subsidiary SKM Europe BV reported Q3 revenue of ₹899.43 lakhs and a net loss of ₹17.59 lakhs.
- 9M FY26 revenue for the subsidiary stood at ₹2344.67 lakhs with a net profit of ₹7.98 lakhs.
- Subsidiary total assets were reported at ₹677.13 lakhs as of December 31, 2025.
SKM Egg Products reported a stellar performance for Q3 FY26, with consolidated revenue growing 50.8% YoY to ₹203.71 crore. Net profit for the quarter saw a massive jump of 298.5%, reaching ₹30.01 crore compared to ₹7.53 crore in the same period last year. The company's nine-month (YTD) profit stands at ₹71.09 crore, which has already significantly surpassed the full-year FY25 profit of ₹34.60 crore. This growth is driven by strong operational efficiency and top-line expansion.
- Consolidated Revenue from Operations rose 50.8% YoY to ₹20,371 lakhs in Q3 FY26.
- Net Profit (PAT) surged 298.5% YoY to ₹3,001 lakhs from ₹753 lakhs in the previous year.
- Earnings Per Share (EPS) for the quarter increased to ₹11.41, up from ₹2.86 in Q3 FY25.
- Nine-month (YTD) PAT stands at ₹7,109 lakhs, a 171% increase over the previous year's 9M period of ₹2,622 lakhs.
- Consolidated Profit Before Tax (PBT) grew 290% YoY to reach ₹4,000 lakhs.
SKM Egg Products Export (India) Limited has announced that its Chairman, Shri SKM Maeilanandhan, has been conferred with the Padma Bhushan, one of India's highest civilian awards. The recognition is for his significant contributions to rural development, education, and healthcare. While the award is non-financial in nature, it enhances the company's brand reputation and reflects positively on the leadership's social standing. Such recognition can improve the perceived quality of corporate governance and ethical leadership for the company.
- Chairman Shri SKM Maeilanandhan conferred with the prestigious Padma Bhushan award.
- Recognition awarded for contributions to rural development, education, and healthcare.
- Official update filed with BSE and NSE on January 28, 2026.
- The award highlights the leadership's commitment to social and community development.
SKM Egg Products Export (India) Limited has provided a clarification to the National Stock Exchange regarding the absence of segment-wise reporting in its financial results for the quarter ended September 30, 2025. The company explained that its poultry farms and feed mills are part of a backward integration strategy to support its core manufacturing activities. Consequently, the management maintains that the company operates in a single business segment focused on the manufacturing and marketing of egg products. This response addresses the query raised under Regulation 33 of SEBI LODR Regulations.
- Responded to NSE clarification request dated January 13, 2026, regarding Q2 FY26 results.
- Confirmed that poultry farms and feed mills do not constitute independent reportable segments.
- Stated that all business activities fall under a single segment of egg product manufacturing.
- Clarified that no segment report is required for either Standalone or Consolidated financial results.
- Reiterated compliance with SEBI Listing Obligations and Disclosure Requirements (LODR).
SKM Egg Products Export (India) Limited has confirmed the successful credit of sub-divided equity shares following its 1:2 stock split. The face value of the shares has been reduced from ₹10 to ₹5 each, effectively doubling the total number of shares held by investors. Both NSDL and CDSL have processed the corporate action, with the new shares now trading under ISIN INE411D01023. This administrative update marks the completion of the split process intended to improve stock liquidity.
- Stock split executed from face value of ₹10 to ₹5 per share (1:2 ratio)
- NSDL confirmed the credit of 33,103,784 sub-divided shares on January 13, 2026
- CDSL confirmed the credit of 15,929,376 sub-divided shares on January 13, 2026
- New ISIN INE411D01023 assigned for the sub-divided equity shares
SKM Egg Products Export (India) Limited has received shareholder approval via postal ballot for a 1:2 stock split. Each existing equity share with a face value of ₹10 will be subdivided into two equity shares with a face value of ₹5. The resolution was passed with an overwhelming majority of 99.89% votes in favor. This corporate action is intended to improve liquidity and make the stock more accessible to retail investors.
- Approved sub-division of 1 equity share of face value ₹10 into 2 equity shares of face value ₹5 each.
- The stock split resolution received 99.8941% votes in favor from 1,53,76,667 polled votes.
- Authorized share capital reconfigured to ₹30 crore divided into 6,00,00,000 equity shares of ₹5 each.
- The Board of Directors will determine and announce the 'Record Date' for the sub-division in due course.
SKM Egg Products Export (India) Limited has clarified that its poultry operations remain unaffected by the Avian Influenza cases reported in Kerala. The company's farms are located entirely in Tamil Nadu, which currently has no reported bird flu issues. The company's facilities are recognized by the Government of India as avian influenza free compartment farms, ensuring high biosecurity and continuous surveillance. Consequently, egg production activities are continuing normally without any health threats to the layer birds.
- Company has zero operations in Kerala where avian influenza cases were reported
- All poultry farms are located in Tamil Nadu and remain free from bird flu issues
- Farms are recognized by the Govt of India as avian influenza free compartment farms
- Continuous surveillance is in place for Avian influenza, Newcastle disease, and Salmonella
- Egg production activities are being carried out without any threat or barriers
SKM Egg Products Export (India) Limited has notified shareholders regarding the mandatory transfer of shares to the Investor Education and Protection Fund (IEPF). This action pertains to shares for which dividends have remained unclaimed for seven or more consecutive years. The company has published newspaper advertisements in English and Tamil as a final reminder to affected investors. Shareholders have until March 30, 2026, to claim their dividends before the shares are legally transferred to the fund.
- Notice issued for shares with unclaimed dividends for 7 consecutive years or more.
- Deadline for shareholders to claim outstanding dividends is March 30, 2026.
- Advertisements published in Makkal Kural and Trinity Mirror on January 6, 2026.
- List of affected shareholders and their folio details are available on the company's website.
- Original share certificates will be deemed cancelled once shares are transferred to IEPF.
SKM Egg Products Export (India) Limited has issued a clarification stating that its operations remain unaffected by the avian influenza cases reported in Kerala. The company confirmed that all its poultry farms are located in Tamil Nadu, where no bird flu issues have been reported. Furthermore, its farms are recognized by the Government of India as 'avian influenza free compartment farms,' ensuring continuous surveillance and high safety standards. Production activities continue as normal with enhanced monitoring by state authorities.
- Company confirms zero operations in Kerala where avian influenza cases were reported
- All poultry farms are located in Tamil Nadu and remain free from bird flu issues
- Farms are Government-recognized 'avian influenza free compartments' with regular disease surveillance
- Tamil Nadu authorities have intensified border monitoring to prevent disease spread into the state
- Egg production activities are being carried out without any threat or operational barriers
SKM Egg Products Export (India) Limited has submitted its quarterly compliance certificate for the period ended December 31, 2025. The document confirms that the company and its RTA, MUFG Intime India Private Limited, have complied with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. It verifies that share certificates received for dematerialization were processed, cancelled, and the register of members was updated within the prescribed timelines. This filing is a routine administrative requirement for listed entities to ensure the accuracy of electronic shareholding records.
- Compliance certificate issued for the quarter ended December 31, 2025.
- Confirmation provided by Registrar and Share Transfer Agent MUFG Intime India Private Limited.
- Securities received for dematerialization were processed and listed on the stock exchanges.
- Register of members updated with depository names within the mandated timeframe.
SKM Egg Products Export (India) Limited has announced the closure of its trading window starting January 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure is ahead of the declaration of the unaudited financial results for the quarter ending December 31, 2025. The window will remain closed for all directors and designated persons until 48 hours after the results are made public. This is a standard regulatory procedure for listed companies to prevent insider trading during the earnings finalization period.
- Trading window closure effective from January 1, 2026
- Closure relates to the financial results for the quarter ending December 31, 2025
- Window to reopen 48 hours after the announcement of unaudited financial results
- Restriction applies to all Directors, connected persons, and Designated persons
SKM Egg Products Export (India) Limited has officially fixed January 12, 2026, as the record date for its upcoming stock split. The company will subdivide each existing equity share with a face value of Rs. 10 into two equity shares with a face value of Rs. 5 each. This 1:2 split is a corporate action typically aimed at improving market liquidity and making the shares more affordable for retail investors. Shareholders on the company's books as of the record date will be eligible for the subdivision.
- Record date for the stock split is confirmed as Monday, January 12, 2026
- Stock split ratio is 1:2, subdividing one Rs. 10 share into two Rs. 5 shares
- The face value of equity shares will be reduced from Rs. 10 to Rs. 5 per share
- The action is taken under Regulation 42 of the SEBI (LODR) Regulations, 2015
SKM Egg Products Export (India) Limited has announced January 12, 2026, as the record date for its upcoming stock split. The company will sub-divide each existing equity share with a face value of ₹10 into two equity shares with a face value of ₹5 each. This corporate action is primarily intended to enhance market liquidity and make the shares more accessible to retail investors. Shareholders holding the stock as of the record date will see their share count double, while the market price will adjust proportionally.
- Stock split ratio of 1:2 (one share of ₹10 face value into two shares of ₹5 face value)
- Record date for determining eligibility is fixed for Monday, January 12, 2026
- Action taken in compliance with Regulation 42 of SEBI (LODR) Regulations, 2015
- The move aims to increase the liquidity of the company's shares in the stock market
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations for FY25 was INR 497.83 Cr, a 27.8% decrease from INR 689.95 Cr in FY24. However, Q2 FY26 standalone revenue grew 64.9% YoY to INR 206.21 Cr from INR 125.02 Cr in Q2 FY25.
Geographic Revenue Split
Japan and Russia are the primary export markets, together accounting for 45% of total export sales in FY25, down slightly from 46% in FY24.
Profitability Margins
Net profit margin for FY25 was 6.5% (INR 32.99 Cr profit on INR 507.40 Cr total income), a significant decline from 12.4% in FY24. Q2 FY26 standalone net profit grew 129.2% YoY to INR 20.58 Cr.
EBITDA Margin
The company targets a sustained PBILDT margin above 15%. FY25 PBT margin stood at 9.2% (INR 46.94 Cr on INR 507.40 Cr total income).
Capital Expenditure
Planned capex of INR 70 Cr for Environmental Controlled (EC) sheds and a Bio-gas plant, with INR 33.13 Cr incurred in FY25, of which INR 9.69 Cr was for plant and machinery.
Credit Rating & Borrowing
CARE Ratings assigned a 'Stable' outlook with interest coverage at 15.39x and TD/GCA at 0.95x as of FY23. Financial costs for H1 FY26 were INR 6.41 Cr.
Operational Drivers
Raw Materials
Primary raw materials are eggs and poultry feed, with material costs representing 57.7% of standalone revenue (INR 119.08 Cr) in Q2 FY26.
Import Sources
Raw materials are primarily sourced locally from Tamil Nadu and surrounding regions to support integrated operations.
Key Suppliers
Sourced from local poultry farms and feed manufacturers; specific supplier names are not disclosed in available documents.
Capacity Expansion
Historical installed capacity was 6,900 MT. Current expansion involves a INR 70 Cr project for EC sheds and a Bio-gas plant expected to be completed by Q1FY25.
Raw Material Costs
Cost of materials consumed was INR 310.12 Cr in FY25, representing 62.3% of consolidated revenue.
Manufacturing Efficiency
Quantity sold in FY25 was 9,620 Tons, an 8% decrease from 10,455 Tons in FY24.
Strategic Growth
Expected Growth Rate
15-20%
Growth Strategy
Scaling to > INR 1,000 Cr revenue by expanding domestic sales of liquid egg products and frozen egg albumen, diversifying export markets beyond Japan and Russia, and completing the INR 70 Cr capex for EC sheds to improve bird productivity.
Products & Services
Egg powder (whole, yolk, albumen), liquid egg, and frozen egg albumen blends used in bakery, confectionery, noodles, pasta, and meat products.
Brand Portfolio
SKM Egg Products.
New Products/Services
Liquid egg products and frozen egg albumen specifically targeted at the domestic Indian market to reduce export dependency.
Market Expansion
Focusing on the domestic Indian market and adding new customers in non-traditional export geographies.
Strategic Alliances
Joint sector undertaking with Tamil Nadu Industrial Development Corporation Limited (TIDCO), which holds a 7.58% stake.
External Factors
Industry Trends
Shift toward integrated poultry models to ensure bio-safety and increasing demand for standardized, hygienic egg ingredients in global food processing.
Competitive Landscape
Competes with global egg powder manufacturers; profitability is highly sensitive to international price benchmarks.
Competitive Moat
30-year track record and integrated supply chain provide a durable cost and quality advantage over non-integrated exporters.
Consumer Behavior
Increasing preference for processed and convenience-based egg ingredients in the bakery and confectionery segments.
Geopolitical Risks
High revenue concentration in Japan and Russia (45%) exposes the company to geopolitical tensions and trade barriers in these regions.
Regulatory & Governance
Industry Regulations
Operations are subject to export health certifications and strict monitoring for Avian Influenza to maintain international market access.
Environmental Compliance
INR 70 Cr capex includes a Bio-gas plant for sustainable energy management and Environmental Controlled sheds.
Taxation Policy Impact
Effective tax rate of approximately 29.7% based on FY25 PBT of INR 46.94 Cr and Net Profit of INR 32.99 Cr.
Risk Analysis
Key Uncertainties
Vulnerability to bird flu outbreaks and international egg powder price volatility which can impact revenue by over 20%.
Geographic Concentration Risk
45% of export revenue is concentrated in Japan and Russia.
Third Party Dependencies
Dependency on local poultry farms for egg procurement, though integrated operations mitigate this risk.
Technology Obsolescence Risk
Low risk; company is upgrading to Environmental Controlled (EC) sheds to improve biological efficiency.
Credit & Counterparty Risk
Adequate liquidity with a current ratio of 2.01x and a target to maintain free cash/liquid investments above INR 30 Cr.