Synopsis:
SKM Egg Products Export (India) jumped sharply after Q2 FY26 profit surged 188% YoY to Rs 25 crore, while revenue rose 58% to Rs 202 crore. The board also approved a 1:2 stock split to boost liquidity and attract retail investors.
The shares of this leading seller and producer of eggs and their by-products are in focus after reporting a stellar financial performance in its latest quarter. In this article, we will dive more into the details.
With a market capitalization of Rs 1,018 crore, the shares of SKM Egg Products Export (India) Ltd reached a day’s high of Rs 387.05 per share (upper circuit), up 5 percent from its day’s closing price of Rs 368.65 per share. Over the past five years, the stock has delivered a robust return of 851 percent, outperforming NIFTY 50’s return of 124 percent.
Q2 Highlights
SKM Eggs has reported a total revenue from operations of Rs 202 crore in Q2 FY26, a growth of 58 percent as compared to Rs 127 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it grew by 15 percent from Rs 176 crore.
Regarding its profitability, it reported a net profit of Rs 25 crore in Q2 FY26, representing a staggering 188 percent growth (almost triple) compared to Rs 9 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it grew by 52 percent from Rs 16 crore.
Coming to its expenses, it reported a total expense of Rs 172 crore in Q2 FY26, representing a 45 percent growth compared to Rs 118 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it grew by 9 percent from Rs 158 crore.
Furthermore, to make its results sound more appealing to the investors, the board of directors of the company has approved a stock split at the ratio of 1:2. As a result, each existing share with a face value of Rs 10 will be divided into two shares of Rs 5 each. It is intended to make the stock more liquid, more affordable for small investors, and thus, increase the number of shares.
SKM Egg Products, established in 1996, is among the top egg processing enterprises in Asia, capable of processing 1.8 million eggs per day and producing 6,500 metric tons of egg powder annually. The company is recognized for its advanced technology and various international certifications like ISO22000, BRC, and HALAL, thus offering quality and safe products that are used in bakeries, mayonnaise, and other food sectors.
SKM implements tight quality assurance through its own poultry farms and feed mills that are not only certified under ISO standards but also comply with European Union standards. Its products are highly reliable in the markets of Europe, Japan, and Asia. Besides, the company is committed to eco-friendly practices such as waste recycling, utilizing renewable energy, and engaging in local community programs.
Written by Satyajeet Mukherjee
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