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Mukka Proteins Ltd (MUKKA)

₹50.634.43%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    ₹50.53
    ₹50.63
  • 52 Week's Low

    52 Week's High

    ₹30
    ₹56.56
1 Month Return+ 35.15 %
3 Month Return+ 33.74 %
1 Year Return+ 14.75 %
Previous Close₹48.48
Open₹50.54
Volume93.79L
Upper Circuit-
Lower Circuit-
Market Cap₹1,454.40Cr

Key Statistics

P/E Ratio15.39
PEG Ratio13.62
Market Cap₹1,454.40 Cr
P/B Ratio0
EPS0

Company Information

Mukka Proteins Ltd. was originally incorporated as Mukka Sea Food Industries a Partnership firm in Karnataka on March 13 2003. Subsequently the Partnership Firm converted to Private Company as Mukka Sea Food Industries Private Limited on November 04 2010. The company was converted into Public Company dated December 02 2019 in the name of Mukka Sea Food Industries Limited and subsequently company name changed to Mukka Proteins Limited vide a fresh certificate of incorporation issued by ROCBangalore dated August 06 2021.The Company is an animal protein company primarily engaged in the production of Fish Meal Fish Oil and Fish Soluble Paste as well as developing alternative proteins such as Black Soldier Fly BSF Insect meal in the animal food segment. It cater to the aquaculture sector which is the worlds fastestgrowing food sector. It is led by the Promoter Mr. Kalandan Mohammed Haris. Mukka Group is one of the pioneers in the Fishmeal Industry having set up one of Indias first steam sterilised fishmeal plants. They produce Steam Dried Fish Meal Fish Oil and Fish Soluble Paste from their modern and fully mechanized plant situated in Karnataka and Gujarat which is geared up to deliver Fish Meal Fish Oil and Fish Soluble Paste to every corner of the globe. Recently the Company diversified products by developing alternative proteins such as Black Soldier Fly BSF Insect Meal and Insect Oil in the animal food industry.The Company business is extended to manufacture of HighQuality Fish Meal and Omega3 Fish Oil which is used as a raw material in aquafeed poultry feed pet feed animal feed EPADHA extraction use in nutraceuticals nutrients plus pharmaceuticals soap manufacture leather tanneries Paint industries across globally.In 2014 the Company commenced International operations in the Middle East.In 2018 it set up a Manufacturing Facility in Gujarat.A Joint Venture Agreement dated September 13 2021 between Ento Proteins Private Limited EPPL and Holocene Ecosolutions Private Limited HEPL a part of Sakku Group based in Guntur Andhra Pradesh one of the largest producers of BSF eggs in India was formed. With the formation of the Company Ento Proteins Private Limited has converted around 4659 tons of food waste wet waste at the Municipal Solid Waste MSW site in the city of Mangalore through Black Soldier Fly Larvae BSFL which yielded around 400 Tons of BSF larvae to be used in producing alternative proteins in the animal protein segment by upcycling agri/food waste..

Share Price: ₹50.63 per share as on 22 Jul, 2024 02:19 PM
Market Capitalisation: ₹1,454.40Cr as of today
Revenue: ₹249.86Cr as on March 2024 (Q1 24)
Net Profit: ₹29.15Cr as on March 2024 (Q1 24)
Listing date: 07 Mar, 2024
OrganisationMukka Proteins Ltd
Headquarters
IndustryMiscellaneous
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Key events for Mukka Proteins Ltd

  • Mukka Proteins Reports Strong FY24 Results - 15 May, 2024

    Mukka Proteins, India's largest manufacturer of fishmeal, oil and insect meal, reported a 19% YoY increase in revenue for FY24. The company also saw significant improvements in EBITDA margins and net profit margin. Management expects to surpass industry growth in FY25 while focusing on improving profitability and margins.

Insights on Mukka Proteins Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 7.66% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 0.00% to 14.42% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, MUKKA stock has moved down by -6.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 100.00% to 73.33% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹249.86Cr
↓50.19%
Net Income
₹29.15Cr
↑141.51%
Net Profit Margin
11.67%
↑384.23%
2023Y/Y Change
Revenue
₹1,177.12Cr
↑52.77%
Net Income
₹47.53Cr
↑84.08%
Net Profit Margin
4.04%
↑20.60%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹500.03Cr
↑51.95%
Total Liabilities
₹378.39Cr
↑53.32%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹46.96Cr
↑206.93%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.33%
0.00
Foreign Institutions
5.08%
-21.48
Mutual Funds
0%
0.00
Retail Investors
19.09%
4.90
Others
2.5%
24.84

Key Indicators

Mukka Proteins Ltd Valuation

Mukka Proteins Ltd in the last 5 years

  • Overview

  • Trends

Lowest (9.87x)

June 4, 2024

Today (15.39x)

July 19, 2024

Industry (38.01x)

July 19, 2024

Highest (17.21x)

July 16, 2024

LowHigh

Earnings and Dividends

  • Mukka Proteins Ltd Earnings Results

    Mukka Proteins Ltd’s net profit jumped 24.29% since last year same period to ₹27.17Cr in the Q4 2023-2024. On a quarterly growth basis, Mukka Proteins Ltd has generated 159.5% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Mukka Proteins Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Mukka Proteins Ltd (MUKKA) share price today is ₹50.63

Mukka Proteins Ltd is listed on NSE

Mukka Proteins Ltd is listed on BSE

  • Today’s highest price of Mukka Proteins Ltd is ₹50.63.
  • Today’s lowest price of Mukka Proteins Ltd is ₹50.53.

PE Ratio of Mukka Proteins Ltd is 15.39

PE ratio = Mukka Proteins Ltd Market price per share / Mukka Proteins Ltd Earnings per share

Today’s traded volume of Mukka Proteins Ltd(MUKKA) is 93.79L.

Today’s market capitalisation of Mukka Proteins Ltd(MUKKA) is ₹1454.4Cr.

Mukka Proteins Ltd(MUKKAPrice
52 Week High
₹56.56
52 Week Low
₹30

Mukka Proteins Ltd(MUKKA) share price is ₹50.63. It is down -10.48% from its 52 Week High price of ₹56.56

Mukka Proteins Ltd(MUKKA) share price is ₹50.63. It is up 68.77% from its 52 Week Low price of ₹30

Mukka Proteins Ltd(MUKKAReturns
1 Day Returns
2.15%
1 Month Returns
35.15%
3 Month Returns
33.74%
1 Year Returns
14.75%