SKM Egg Products Export promoter SKM Shree Shivkumar has increased his stake in the company through an open market transaction. The move underscores the promoter's confidence in the company's prospects and aligns with regulatory disclosure requirements.

Transaction Details

On August 25, 2025, SKM Shree Shivkumar acquired 21,600 equity shares of SKM Egg Products Export through open market transactions. This strategic move has resulted in a slight increase in the promoter's shareholding in the company.

Impact on Shareholding

The acquisition has had the following effects on the promoter's stake:

The transaction involved shares worth approximately 0.08% of the company's total equity share capital, which stands at 2.63 crore shares.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, SKM Egg Products Export has duly disclosed this transaction to the stock exchanges.

Company Overview

SKM Egg Products Export is listed on both the National Stock Exchange of India Limited (NSE) and BSE Limited.

This open market purchase by the promoter may be viewed positively by investors, as it potentially signals confidence in the company's future performance. However, as with all investment decisions, stakeholders should conduct their own research and consider various factors before making any investment choices.

SKM Egg Products Export (India) Limited , a leading player in the egg products industry, has reported strong financial results for the first quarter, showcasing significant growth across key metrics.

Financial Highlights

The company's unaudited financial results for Q1 reveal impressive year-over-year growth:

SKM Egg Products Export reported a substantial 49.00% increase in revenue from operations, reaching Rs 17365.00 lakhs compared to Rs 11652.00 lakhs in the same quarter of the previous year. The company's operating profit saw a robust growth of 46.00%, rising to Rs 2909.00 lakhs from Rs 1987.00 lakhs year-over-year.

Profit before tax (PBT) jumped by an impressive 57.00% to Rs 2201.00 lakhs, up from Rs 1402.00 lakhs in Q1 FY2025. The company's net profit for the quarter stood at Rs 1632.00 lakhs, marking a 37.00% increase from Rs 1187.00 lakhs in the corresponding period last year.

Dividend Declaration

In a move that will likely please shareholders, the Board of Directors has recommended a final dividend of Rs 1.50 per equity share (face value Rs 10 each) for the financial year 2024-25. This dividend is subject to shareholder approval at the upcoming 30th Annual General Meeting (AGM) scheduled for September 3, 2025.

Other Key Developments

Annual General Meeting

The 30th AGM is set to be held on Wednesday, September 3, 2025, through video conferencing or other audio-visual means, in line with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Book Closure

The Register of Members and Share Transfer Books will remain closed from August 28, 2025, to September 3, 2025 (both days inclusive) for the AGM and dividend payment purposes.

Appointments

The company has made two key appointments:

• VRBB & Associates, Chartered Accountants, Chennai, as Internal Auditor for the financial year 2025-2026.
• Shri Saiprasath, Company Secretary in Practice, Coimbatore, as Secretarial Auditor for a five-year term from 2025-2026 to 2029-30, subject to shareholder approval at the AGM.

Financial Performance Insights

While the company demonstrated strong top-line and bottom-line growth, it's worth noting that the EBITDA margin saw a slight decline to 14.30% from 14.39% in the corresponding quarter of the previous year. This marginal decrease in margin amid significant revenue growth suggests that the company managed to maintain its operational efficiency while scaling up its business operations.

The robust financial performance of SKM Egg Products Export in Q1 reflects the company's strong market position and effective business strategies. The significant increase in revenue and profitability indicates growing demand for its products and successful expansion efforts. As the company moves forward, investors and stakeholders will likely keep a close eye on its ability to maintain this growth trajectory while managing operational costs to improve profit margins.