Mukka Proteins Completes Acquisition of Ento Proteins for INR 32.30 Lakhs

2 min read     Updated on 24 Feb 2026, 12:05 PM
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Reviewed by
Shriram SScanX News Team
Overview

Mukka Proteins Limited has completed the acquisition of the remaining 25.99% equity stake in Ento Proteins Private Limited for a total consideration of INR 32.30 lakhs, effective 23rd February 2026. The transaction involved purchasing 1,000 equity shares and makes Ento Proteins a wholly-owned subsidiary, supporting the company's strategic expansion in alternative proteins business.

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*this image is generated using AI for illustrative purposes only.

Mukka Proteins Limited has successfully completed the acquisition of the remaining minority stake in its subsidiary Ento Proteins Private Limited. The transaction, which was announced on 21st February 2026, has been completed with effect from 23rd February 2026, making Ento Proteins a wholly-owned subsidiary.

Acquisition Completion Details

The company has completed the acquisition of 1,000 equity shares of face value Rs. 100 each for a total consideration of Rs. 32,30,000. This transaction follows the Share Purchase Agreement entered into with Holocene Ecosolutions Private Limited, the existing minority shareholder.

Parameter: Details
Acquisition Stake: 25.99% equity share capital
Total Consideration: INR 32,30,000
Number of Shares: 1,000 equity shares
Face Value per Share: Rs. 100
Previous Holding: 74.01%
Current Holding: 100%
Effective Date: 23rd February 2026

Ento Proteins Financial Performance

Ento Proteins Private Limited, which operates as a manufacturer of insect meal and insect oil, has demonstrated consistent growth over the past three years. The subsidiary's financial metrics showcase strong performance in the alternative proteins segment.

Financial Metrics: Amount (INR)
Authorized Capital: 10,00,000
Paid-up Capital: 3,84,700
Turnover (FY 2024-25): 7,46,27,305
PAT (FY 2024-25): 49,47,474

Historical Revenue Growth

The three-year revenue trajectory of Ento Proteins demonstrates consistent growth in the alternative proteins business segment.

Year: Turnover (INR)
March 2023: 4,72,20,140
March 2024: 6,44,38,907
March 2025: 7,46,27,305

Strategic Investment Rationale

The acquisition aligns with Mukka Proteins' strategic investment plans to expand its alternate proteins business. As disclosed in the regulatory filing, this investment represents a strategic move to consolidate ownership and streamline operations within the subsidiary structure. The transaction was executed on an arm's length basis, with the company clarifying that while Ento Proteins is a related party as a subsidiary, the promoters' interest is limited to their directorship roles.

Regulatory Compliance

The completion disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The share transfer process required no governmental or regulatory approvals and was completed through cash consideration. With this acquisition, the existing Shareholders' Agreement dated 7th September 2021 and its amendments have been rescinded and terminated in their entirety.

Historical Stock Returns for Mukka Proteins

1 Day5 Days1 Month6 Months1 Year5 Years
-2.45%-0.91%-12.20%-20.90%-34.23%-48.21%

Mukka Proteins Reports Strong Q3 FY26 Performance with Revenue of ₹653.50 Crore

2 min read     Updated on 13 Feb 2026, 01:20 PM
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Reviewed by
Radhika SScanX News Team
Overview

Mukka Proteins Limited reported exceptional Q3 FY26 results with consolidated revenue of ₹653.50 crore, up 115.57% YoY, and EBITDA of ₹53.21 crore with 8.14% margins. Nine-month revenue reached ₹1,068.85 crore, growing 71.06% compared to previous year. The company secured a major ₹474.89 crore order for leachate treatment from BSWML and expanded its carbon credit operations with Verra-listed BSF project approval for 1,000 TPD capacity.

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*this image is generated using AI for illustrative purposes only.

Mukka proteins Limited, one of India's prominent manufacturers and exporters of fishmeal, fish oil, and fish-soluble paste, announced strong unaudited financial results for the quarter and nine months ended December 31, 2025. The company demonstrated exceptional growth momentum with revenue more than doubling year-on-year while securing significant new business opportunities in waste management solutions.

Financial Performance Highlights

The company's consolidated financial performance for Q3 FY26 showed remarkable growth across key metrics. Revenue from operations reached ₹653.50 crore, representing a substantial increase of 115.57% compared to Q3 FY25 and 167.19% quarter-on-quarter growth.

Particulars Q3 FY26 Q3 FY25 Y-o-Y% Q2 FY26 Q-o-Q%
Revenue from operations (₹ Cr) 653.50 303.15 115.57% 244.58 167.19%
EBITDA (₹ Cr) 53.21 47.67 11.61% 26.28 102.50%
EBITDA Margin 8.14% 15.73% - 10.74% -
PAT (₹ Cr) 27.25 26.80 1.69% 6.88 295.89%
PAT Margin 4.17% 8.84% - 2.81% -

Nine-Month Performance Overview

For the nine-month period FY26, the company maintained strong growth trajectory with consolidated revenue reaching ₹1,068.85 crore compared to ₹624.84 crore in 9M FY25, marking a 71.06% year-on-year increase. EBITDA for the period stood at ₹96.15 crore with margins at 9.00%, while PAT reached ₹35.73 crore with margins at 3.34%.

Nine-Month Metrics 9M FY26 9M FY25 Y-o-Y%
Revenue from operations (₹ Cr) 1,068.85 624.84 71.06%
EBITDA (₹ Cr) 96.15 78.65 22.24%
EBITDA Margin 9.00% 12.59% -
PAT (₹ Cr) 35.73 34.10 4.78%
PAT Margin 3.34% 5.46% -

Strategic Business Developments

Mukka Proteins secured a significant order worth ₹474.89 crore from Bengaluru Solid Waste Management Limited for the scientific treatment of legacy leachate. This first-of-its-kind order represents strategic diversification into large-scale leachate treatment segment, expanding the company's waste-to-value solutions portfolio.

Order Details Specifications
Order Value ₹474.89 crore
Client Bengaluru Solid Waste Management Limited
Service Type Scientific treatment of legacy leachate
Strategic Impact Diversification into large-scale treatment segment

ESG and Sustainability Initiatives

The company strengthened its carbon credit portfolio with significant developments in its BSF-driven wet-waste processing operations. The existing 300 TPD wet-waste processing operations, currently active under empanelment with Bengaluru Solid Waste Management Limited, are now formally listed on Verra Registry. Additionally, the company received incremental approval for expanding capacity to 1,000 TPD operations, advancing toward carbon credit issuance.

Management Commentary

CEO & MD Kalandan Mohammed Haris highlighted the company's strong performance and strategic progress. He emphasized the sharp revenue growth of 115.57% year-on-year for Q3 FY26, reaching ₹653.50 crore, and noted the company's strategic investments to expand scale and improve operating efficiency. These include increasing stakes to 100% in both Haris Marine Products Pvt. Ltd. and Ento Proteins Pvt. Ltd., alongside other strategic acquisitions to strengthen the platform for future expansion. The management aims to sustain momentum by benefiting from global fishmeal supply tightness while driving cost-optimization initiatives to enhance profitability.

Historical Stock Returns for Mukka Proteins

1 Day5 Days1 Month6 Months1 Year5 Years
-2.45%-0.91%-12.20%-20.90%-34.23%-48.21%

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1 Year Returns:-34.24%