Mukka Proteins Limited

Mukka Proteins Limited

25.27
INR
-0.56
(-2.17%)
2.49EPS
10.28P/E
7.15BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
13.18
17.73
19.68
25.54
38.55
59.47
32.67
46.78
57.45
Basic EPS, GAAP
0.48
0.44
0.3
0.81
1.47
3.1
1.55
1.74
2.32
Free Cash Flow per Basic Share
-1.31
-2.04
-0.16
-0.06
-2.15
-7.36
-4.62
-7.73
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.47
1.89
2.19
3.28
4.93
13.2
14.69
16.64
- -
Tangible Book Value per Share
1.46
1.88
2.19
3.28
4.93
13.2
14.46
16.16
- -
Basic Weighted Avg Shares
300
300
300
300
300
226
300
300
298
Sales/Revenue/Turnover
3,955
5,320
5,905
7,661
11,564
13,421
9,800
14,035
17,134
Operating Margin (%)
5.29
3.66
2.36
5.17
6.95
6.95
8.32
7.15
7.58
Depreciation Expense
24
47
83
86
119
123
136
166
181
Net Income, GAAP
143
132
90
242
441
701
465
521
691
Effective Tax Rate (%)
27.24
31.2
28.76
28.24
27.93
15.04
20.19
24.03
25.99
Profit Margin (%)
3.61
2.48
1.52
3.16
3.81
5.22
4.74
3.71
4.03
Working Capital
50
-114
-106
100
612
2,956
3,153
2,399
- -
LT Debt
164
139
141
81
107
69
41
409
- -
Total Equity
441
578
691
1,031
1,558
4,083
4,565
5,288
- -
Return on Invested Capital (%)
- -
8.03
4.67
11.02
16.24
13.15
7.61
6.69
- -
Return on Capital (%)
- -
10.24
5.69
11.07
14.08
13.76
7.85
6.62
- -
Return on Common Equity (%)
- -
26.21
14.69
29.52
35.81
25.76
11.1
11.08
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,384
- -
LT Borrowings
- -
321
- -
LT Finance Leases
- -
88
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
300
Market Capitalization
7,206
5,547
7,146

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,888
- -
Cash, Cash Equivalents & STI
- -
775
- -
Accounts Receivable, Net
- -
1,818
- -
Inventories
- -
8,566
- -
Total Current Liabilities
- -
10,489
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,384
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
58.01%
15.83%
Free Cash Flow
- -
766.78%
67.11%
Net Income, GAAP
- -
57.82%
12.05%
Sales/Revenue/Turnover
- -
22.59%
43.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,667
1,448
2,962
3,723
9,800
2026
1,649
2,361
6,346
3,679
14,035
2027
4,748
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.14
0.07
0.88
0.45
1.55
2026
0.05
0.2
0.79
0.69
1.74
2027
0.63
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mohammed Haris Kalandan
Full Time Employees
358
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Mukka Corporate House Mangaluru KA India 575001
IPO Date
Mar 7, 2024
Business
Mukka Proteins Limited Mukka Proteins Limited (NSE:MUKKA.NS) manufactures and sells fish protein products, primarily fish meal in super, prime, and standard grades; fish oil; and fish soluble paste, which serve as essential ingredients for aqua feed used in fish and shrimp farming, poultry feed for broilers and layers, and pet food for dogs and cats. The company also produces and develops alternative proteins including Black Soldier Fly (BSF) insect meal and insect oil, positioning it within the animal feed, aquaculture, and pet nutrition segments. Fish oil further supports applications in pharmaceutical products such as Omega-3 supplements, as well as soap manufacturing, leather tanneries, and paint industries. The company operates manufacturing facilities across coastal regions in Karnataka and Gujarat in India, as well as in Oman, with its corporate headquarters located in Mangaluru, Dakshina Kannada, Karnataka, India. Incorporated in 2003 as part of the Mukka Group with a legacy spanning five decades in the Indian marine industry, Mukka Proteins exports to over 10 countries and holds certifications including ISO 9001:2015, ISO 22000:2018, GMP+, Halal, HACCP, and IFFO. In recent developments, the company completed the acquisition of a 51% stake in GSM Marine Export for up to Rs 14 crore and a majority stake in insect producer FABBCO, boosting its waste-to-protein capacity to 500 tons per day and strengthening sustainable protein offerings. It raised Rs 98 crore through a preferential issue to fund acquisitions and expansions, while disinvesting its entire stake in MSFI (Bangladesh) Limited via a share purchase agreement in September 2024. Shareholder approval at the 15th AGM on September 18, 2025, enabled amendments to its Memorandum of Association, expanding into insect-based products, waste management services, agricultural chemicals and fertilizers, and comprehensive agricultural operations both domestically and internationally.