- Business
- SKM Egg Products Export (India) Limited manufactures and exports egg powder and liquid egg products with specialized blends for the food processing, bakery, confectionery, noodles and pasta, meat and fish, mayonnaise and salad dressing, health, nutraceutical and pharmaceutical sectors; core offerings include whole egg powder, egg yolk powder, egg albumen powder, pasteurized liquid egg and bakery mixes co-dried or dry-blended with sugar, salt, flour or other ingredients. Founded in 1995 as a joint sector undertaking with Tamil Nadu Industrial Development Corporation Limited and headquartered in Erode, Tamil Nadu, the company operates an integrated facility with capacity to process 1.8 million eggs per day yielding 6,900-7,000 metric tons of egg powder annually, supported by owned and leased poultry farms meeting 90% of egg requirements, a feed manufacturing unit and automated processing for quality standards including ISO 22000, ISO 17025, BRC and HALAL certifications. It serves export markets in over 30 countries, primarily Russia, Japan, Vietnam, UAE, Denmark, Italy and Netherlands where it holds 65-70% share of India's egg yolk and albumin powder exports contributing 58% of FY25 revenue, alongside growing domestic sales of liquid and frozen products. Recent developments include a board-approved 1:2 equity share sub-division reducing face value from Rs10 to Rs5 subject to postal ballot approval in November-December 2025, unaudited Q2 and half-year results consideration on October 29, 2025 alongside strong Q1FY26 performance, CARE Ratings reaffirmation of CARE A-; Stable long-term and CARE A2+ short-term ratings in August 2025 with reduced long-term facilities to Rs45.25 crore reflecting comfortable gearing of 0.54x and liquidity of Rs153 crore as of March 2025 despite moderated FY25 operating income to Rs497 crore from lower export realizations, and promoter holding increase to 47.82% as of March 2025.