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Latest news about Mukka Proteins

Mukka Proteins Forms New Waste Management Venture 8 days ago

Mukka Proteins' board has approved the formation of MPL HRC Ecosolutions LLP, a new company focused on waste management. This strategic move marks Mukka Proteins' entry into the environmental solutions market, diversifying its business operations beyond its traditional activities.

Mukka Proteins Expands Internationally with 68% Stake Acquisition in Oman-Based Fishery Dec 06, 2025

Mukka Proteins Limited Secures Environmental Consent and Plans Strategic Investment in Middle East Nov 13, 2025

Mukka Proteins Reports Strong Q2 Growth with 360% Surge in Net Profit Nov 12, 2025

Mukka Proteins Faces Customs Department Show Cause Notice for ₹30.37 Lakh Export Incentive Recovery Nov 01, 2025

More news about Mukka Proteins

03Oct 25

Mukka Proteins' GST Demand Slashed from ₹141.06 Crore to ₹27.16 Lakh

Mukka Proteins Limited has received a revised GST demand of ₹27.16 lakh from the Office of the Assistant Commissioner of State Tax, Porbandar, significantly reduced from the initial proposed demand of ₹141.06 crore. The revised demand includes SGST (₹3.04), CGST (₹3.04), IGST (₹5.35), and Cess (₹15.74), along with applicable interest and penalties. Despite the reduction, Mukka Proteins maintains that the revised demand is untenable and plans to contest it before relevant authorities. The company believes no material financial liability will arise from these proceedings.

01Oct 25

Mukka Proteins' GST Demand Slashed by 99%, Company to Contest Revised Amount

Mukka Proteins Limited has seen its GST demand from Gujarat tax authorities reduced from ₹141.06 crore to ₹27.16 lakh, a 99% decrease. The revised demand includes SGST (₹3.04 lakh), CGST (₹3.04 lakh), IGST (₹5.35 lakh), and Cess (₹15.74 lakh), plus interest and penalties. Despite the reduction, the company plans to contest the revised amount, stating it is 'untenable in law and on facts'. Mukka Proteins maintains that no material financial liability will arise from these proceedings.

18Sept 25

Mukka Proteins Limited Expands Business Scope, Venturing into Insect-Based Products, Waste Management, and Agriculture

Mukka Proteins Limited has amended its Memorandum of Association to include four new business areas following shareholder approval at its 15th AGM on September 18, 2025. The company will now venture into insect-based products, waste management services, agricultural chemicals and fertilizers, and comprehensive agricultural operations. These new activities can be conducted both in India and internationally, potentially through subsidiaries, associates, or joint ventures.

18Sept 25

Mukka Proteins GST Case Fully Resolved with Zero Demand After ₹141.06 Crore Notice

Mukka Proteins Limited has successfully concluded its GST litigation matter with the State Tax Officer, Porbandar, receiving a final order dated December 18, 2025, that drops all proceedings and shows zero demand. The case, which initially involved a ₹141.06 crore GST demand notice for FY 2021-22, was subsequently reduced to ₹27.16 lakh in the Show Cause Notice before being completely resolved with no tax, interest, penalty, or late fee payable by the company.

25Aug 25

Mukka Proteins Faces 78.2 Million Rupees in Tax Penalties

Mukka Proteins Limited has received two tax notices from the Directorate General of Goods & Services Tax Intelligence (DGGI), totaling ₹78.20 million in penalties. The notices question the company's Input Tax Credit claims related to IPO expenses. The first notice carries a penalty of ₹34.49 million, while the second involves ₹43.68 million. The company is examining the matter and considering filing an appeal, stating that it doesn't expect significant impact on its financials or operations.

14Aug 25

Mukka Proteins to Revolutionize Bengaluru's Waste Management with 300 TPD Black Soldier Fly Plant

Mukka Proteins Limited has been empanelled as an Authorized Waste Processor by Bengaluru Solid Waste Management Limited. The company will use Black Soldier Fly technology to process 200-300 MTPD of wet waste initially, with plans to scale up to 1,000 TPD. The process will produce insect protein for fish feed and pet food supplements, as well as organic compost. This project follows the success of a similar facility in Mangaluru, which was praised by Prime Minister Modi. Mukka Proteins is also proposing amendments to its MOA to expand into insect-based products, waste management solutions, and agricultural inputs manufacturing.

13Aug 25

Mukka Proteins Reports Mixed Q1 Results: EBITDA Growth Amid Profit Decline

Mukka Proteins Limited announced Q1 financial results with improved EBITDA but lower net profit. EBITDA grew to 145.00 million rupees, up 3.57% year-over-year, with margin improving to 8.49%. However, consolidated revenue slightly decreased to 1.65 billion rupees, and net profit fell 64.29% to 15.00 million rupees. The company's revenue is predominantly from international markets. Strategic initiatives include increasing stake in Ocean Proteins Private Limited and plans to acquire stakes in other companies. Mukka Proteins also expanded its business objectives to include insect-based ingredients, waste management, and agricultural products.

04Aug 25

Mukka Proteins Limited Acquires 70% Stake in Vietnam Subsidiary for 165.14 Million VND

Mukka Proteins Limited has signed an agreement to acquire a 70% stake in Mukka Proteins Vietnam Co., Ltd. for 165,144,000 Vietnamese Dong. The acquisition, subject to regulatory approvals, will make the Vietnamese entity a subsidiary of Mukka Proteins Limited. This move is part of the company's strategy to expand its international presence, particularly in Southeast Asia. The transaction is not a related party deal and does not involve special rights or restrictions.

26Jul 25

Mukka Proteins Expands with Strategic Acquisitions and Rs 35.37 Crore Guarantee

Mukka Proteins Limited has approved three strategic decisions: a Rs 35.37 crore corporate guarantee for Ocean Proteins Private Limited, acquisition of 51% stake in Mukka Frozen Impex for up to Rs 5.00 crore, and acquisition of 70% stake in Mukka Proteins Vietnam Co., Ltd. for up to Rs 0.10 crore. These moves aim to expand the company's core business in fish and marine products, both domestically and internationally.

15May 25

Mukka Proteins Reports Mixed Q4 Results: Net Profit Dips, Revenue Surges

Mukka Proteins announced its Q4 financial results, showing a 50% year-over-year decline in net profit to ₹136.00 crore. However, revenue increased by 46.15% to ₹3,800.00 crore. The company's quarterly performance showed significant improvements, with revenue up 103.29% and net profit up 1686.67% compared to the previous quarter. Operating profit margin improved to 11.61% from 3.60% in Q3.

26Mar 25

Mukka Proteins Expands Portfolio with Strategic Acquisitions and Investments

Mukka Proteins Limited has announced several strategic moves: acquiring a 51% stake in GSM Marine Export for ₹14 crore, planning to acquire a 51% stake in FABBCO for ₹60 crore, and approving a corporate guarantee of up to ₹7.50 crore for Shipwaves Online Limited. These actions aim to expand the company's business portfolio in the fish meal, fish oil, and animal feed sectors.

25Mar 25

Mukka Proteins Expands Portfolio with Strategic Investments and Corporate Guarantee

Mukka Proteins Limited is acquiring a 51% stake in GSM Marine Export for ₹14 crore and a 51% stake in FABBCO Bio Cycle and Bio Protein Technology for ₹6 crore. The company is also providing a ₹7.50 crore corporate guarantee to Shipwaves Online Limited. These moves aim to strengthen Mukka's position in fish meal, fish oil, animal feed, and waste processing sectors.

06Mar 25

Mukka Proteins Secures Major Purchase Orders Worth ₹442.8 Crore, Boosting Order Book to ₹200 Crore

Mukka Proteins Limited has received significant purchase orders totaling ₹442.8 crore for fish meal and oil supply. This includes a domestic order of ₹31.77 crore from Avanti Feeds Limited and international orders worth approximately ₹10.61 crore from Vietnam and another overseas client. The company's total order book has now reached ₹200 crore, with immediate execution planned for all orders. This development showcases Mukka Proteins' strong market position and growing global presence in the fish meal and oil industry.

05Mar 25

Mukka Proteins Secures Major Purchase Orders Worth ₹442.8 Crore, Boosting Order Book to ₹200 Crore

Mukka Proteins Limited has received purchase orders totaling ₹442.8 crore for fish meal and oil supply. This includes a domestic order of ₹31.77 crore from Avanti Feeds Limited and international orders worth ₹8.7 crore from Mukka Proteins Vietnam Co., Ltd and ₹1.91 crore from Padma Feed & Chicks Ltd. The company's total order book has now reached approximately ₹200 crore. These orders are set for immediate execution, potentially boosting the company's revenue stream. The company has disclosed this information in compliance with SEBI regulations, confirming no related party transactions are involved.

Mukka Proteins

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1 Year Returns:-38.39%

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