SKM Egg Products Export (India) Ltd — earnings calls

SKM Egg Products management discussed rising feed costs, particularly soya, which compressed margins during the quarter, while realizations for dried egg powder rose to around Rs 770 per unit from Rs 722 in the prior quarter, partly aided by exchange rate depreciation. Management described plans to expand branded egg sales domestically, with a business plan expected by the end of March, alongside an ongoing Rs 400 crore capex program to expand egg production capacity through EC sheds and biogas facilities. Management also addressed disruptions to Russia exports due to shipping delays that required airlifting product, and discussed the SKM Best Eggs acquisition, which is expected to add about Rs 40-50 crore in revenue this year.

SKM Egg Products reported record FY26 results with turnover of 767 crore, operating profit of 163 crore, profit before tax of 136 crore, and profit after tax crossing 100 crore for the first time in the company's history. Management outlined an ongoing capex of about 400 crore to expand layer bird capacity from the current level to 40 lakh birds by 2029, funded through own funds and a bank term loan. The company also disclosed a takeover of SKM Universal for a valuation of about 37 crore, aimed at bringing the branded egg division and windmill assets back into the listed entity.