SKM Egg Products Exports (India) LtQ2 PAT ₹16 Cr on feed costs, ₹100 Cr+ profit view

SKM Egg Products Export (India)'s Q2 FY27 call, held on 23 October 2026, gave a mixed picture.

Six-month turnover was about ₹363 crore against ₹380 crore a year earlier, with six-month profit before tax of ₹54 crore and profit after tax of ₹40 crore described as the same as last year. In the quarter, sales rose to ₹184 crore from ₹179 crore, but a jump in feed raw material cost cut EBITDA to ₹28 crore from ₹38 crore and profit after tax to about ₹16 crore from ₹24 crore. Egg powder sales were 1,625 tons against 1,831 tons in the first quarter.

The Chairman said international prices are set by competitors, so cost increases cannot be passed on, and the company is considering importing soya at least 10% cheaper. He stayed very confident of repeating profit of ₹100 crore plus this year and gave no quarterly guidance. The phase-two poultry project, a powder expansion from 7,000 to 10,000 tons costing ₹180 crore, and a domestic branded-egg strategy build the longer-term case. No earlier promises were on file for comparison.