SKM Egg Products Export India Limited is an India-based company engaged in the manufacturing and supply of egg products. It operates through two primary segments: manufacturing and trading. Geographically, the company has a presence in India, Japan, Russia, Europe, and the rest of the world. Incorporated in 1996, SKM Egg Products Export (India) Ltd is an Export Oriented Undertaking focused on the production and sale of eggs, and the manufacture and sale of Egg Products. It is an ISO 22000, ISO 17025, BRC, and HALAL certified integrated manufacturer and supplier, primarily serving the international market.
The company has established itself as a significant player in the global egg products industry. It operates one of the largest egg processing plants in Asia, with a capacity to process 1.8 million eggs daily, yielding 6500 tonnes of egg powder annually. A modern, state-of-the-art processing plant was established in technical collaboration with Belovo, Belgium, commencing commercial production in July 1997.
The Company's product range includes egg powder, bakery mix, and liquid egg. Its egg powder offerings comprise egg yolk powder, egg albumen powder, and whole egg powder. Specific whole egg powders include standard, high color, high gel, heat stable, and free-flow variants. For bakery applications, it offers a specialized range of spray-dried egg blends, which are either co-dried or dry-blended with sugar, salt, flour, or other ingredients.
The company formulates various kinds of egg-based mixes suitable for bakery, confectionery, noodles & pasta, meat & fish products, mayonnaise & salad dressing, and the health & pharmaceuticals sector. It provides whole egg powder, egg yolk powder, and egg albumen powder for applications in biscuits, cakes, bakery mixes, ready meals, meat products, sauces, dressings, pasta, omelets, quiches, mayonnaise, and other emulsified systems, as well as ice cream, fish products, and confectionery. Its bakery mixes include whole egg with sugar and glucose for biscuits, cakes, sponge cakes, swiss rolls, and cheesecake applications. Liquid egg is supplied for cakes, meringues, noodles, mayonnaise, bakeries, fine food, ice cream, cosmetics, bakery, confectionery, cakes, and pastries.
As of various dates in 2025, SKM Egg Products Export (India) Ltd exhibits mixed financial performance indicators. Market capitalization is reported as ₹694 Crore (according to Screener data), while Business Standard data from June 2025 indicates a market capitalization of ₹519 crore. The company's shares are traded on both the NSE and BSE exchanges under the stock symbol SKMEGGPROD.
- Market Cap: ₹694 Cr (Screener data) / ₹519 Cr (Business Standard, June 2025)
- PE Ratio: 20.1 (Screener data)
- Book Value: ₹115 (Screener data)
- Dividend Yield: 0.94% (Screener data)
- ROE: 11.9% (Screener data)
- ROCE: 13.3% (Screener data)
- 52-week High/Low: ₹292.50 / ₹154.00
For the quarter ended March 2025, the company reported a net profit of ₹6.35 crore, a decline of 36.82% compared to ₹10.05 crore in the quarter ended March 2024. Sales for the quarter ended March 2025 decreased by 27.63% to ₹117.44 crore, down from ₹162.28 crore in the corresponding prior-year quarter. For the full financial year ended March 2025, net profit declined by 59.48% to ₹34.61 crore, compared to ₹85.42 crore in the year ended March 2024. Full-year sales also saw a decline of 29.00% to ₹497.83 crore in FY2025, from ₹701.13 crore in FY2024.
Despite recent declines, the company has demonstrated strong historical growth patterns. It has delivered a good profit growth of 49.1% CAGR over the last 5 years. Over the same period, revenue has grown at a yearly rate of 15.78% (vs. industry average of 13.24%), and net income has grown at an impressive yearly rate of 77.48% (vs. industry average of 23.22%).
The re-appointment of Managing Director SKM Shree Shivkumar for a three-year term, commencing June 25, 2025, is subject to shareholder approval. The auditors for SKM Egg Products Export (India) Ltd are N C Rajagopal & Co. The key management personnel include MAEILANANDHAN SKM as Chairman and P Sekar as Company Secretary.
Promoter holding in SKM Egg Products Export (India) Ltd has shown stability and a slight increase, rising to 55.40% as of March 2025 from 55.11% as of June 2024, indicating sustained promoter confidence in the company's prospects.
SKM Egg Products Export India Ltd (SKMEGGPROD) operates within the Consumer Staples sector, specifically the Packaged Foods & Meats sub-sector. The company has successfully carved out a niche in the specialized egg products market through its strong focus on export-oriented manufacturing.
Compared to its competitors, SKM Egg Products appears to be less financially stable, as indicated by its Altman Z-score of 5.58, ranking it 5th out of 8 competitors. Nevertheless, the company maintains a strong operational position within the Asian market.
The company presents a mixed investment profile. While it boasts strong historical growth rates and a dominant position in Asia's egg processing industry, recent financial performance for FY2025 shows declining revenues and profits. The company maintains a reasonable debt-to-equity ratio of 18%, suggesting a healthy balance sheet.
The stock's performance has been volatile, with significant price movements reflecting market sentiment influenced by operational results and global demand for egg products. Its export-oriented business model offers opportunities through international market access but also exposes it to challenges from global market fluctuations and currency risks.
Given the company's established infrastructure, quality certifications, and robust market standing in the egg processing industry, it represents a specialized investment opportunity within the food processing sector. There is potential for recovery as market conditions improve.