SKM Egg Products Export (India) Ltd

SKM Egg Products Export (India) Ltd

₹ 304 -0.70%
25 Apr - close price
About

SKM Egg Products Export (India) Ltd is engaged in the manufacture and sale of egg powder and liquid egg with varieties of blends used in various segments of the food industry and in the health sector.[1]

Key Points

Products Portfolio
Egg Powder: Whole Egg Powder, Egg Yolk Powder, and Egg Albumen Powder. [1]
Bakery Mix: These are a specialized range of spray-dried egg blends either co-dried or dry-blended with sugar, salt, flour, or other ingredients. [2]
Liquid Eggs: Whole Egg Liquid, Egg Yolk Liquid, Egg Albumen Liquid, and Customized Egg Liquids. [3]

  • Market Cap 800 Cr.
  • Current Price 304
  • High / Low 560 / 138
  • Stock P/E 7.62
  • Book Value 95.6
  • Dividend Yield 0.82 %
  • ROCE 46.4 %
  • ROE 48.2 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 127% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
  • Company has been maintaining a healthy dividend payout of 17.8%
  • Company's working capital requirements have reduced from 103 days to 73.8 days

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
72 61 83 65 77 78 133 160 182 187 210 176 153
68 55 76 63 73 74 118 139 136 143 160 134 133
Operating Profit 5 7 6 1 4 4 14 21 46 43 50 41 20
OPM % 6% 11% 8% 2% 5% 6% 11% 13% 25% 23% 24% 23% 13%
3 2 1 3 3 1 -1 0 -5 3 2 1 1
Interest 1 2 1 1 1 2 1 3 2 4 2 3 3
Depreciation 2 4 2 3 2 2 2 3 3 3 3 3 3
Profit before tax 5 3 5 1 4 1 9 16 37 40 47 37 15
Tax % 19% -19% 28% 19% 28% 42% 27% 26% 26% 26% 25% 24% 24%
4 4 4 1 3 0 7 12 27 30 35 28 12
EPS in Rs 1.46 1.36 1.41 0.22 1.00 0.20 2.59 4.62 10.32 11.28 13.39 10.79 4.45
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
142 215 263 290 303 232 318 335 313 269 302 662 726
136 191 233 252 265 238 315 322 306 237 272 518 570
Operating Profit 6 25 30 38 37 -6 3 12 7 32 31 144 155
OPM % 5% 11% 11% 13% 12% -3% 1% 4% 2% 12% 10% 22% 21%
-2 7 1 16 13 23 20 9 21 13 8 1 7
Interest 12 12 8 5 3 5 5 4 6 4 4 9 12
Depreciation 9 18 13 13 12 12 13 11 14 21 24 34 11
Profit before tax -16 1 10 35 35 0 5 6 8 21 10 103 140
Tax % 33% 29% 29% 27% 30% -567% 72% 20% 38% 21% 28% 26%
-11 1 7 26 25 2 1 5 5 16 7 76 105
EPS in Rs -4.19 0.38 2.73 9.67 9.32 0.62 0.47 1.84 1.78 6.19 2.82 28.83 39.91
Dividend Payout % 0% 0% 0% 10% 11% 0% 105% 27% 28% 16% 35% 2%
Compounded Sales Growth
10 Years: 12%
5 Years: 16%
3 Years: 28%
TTM: 31%
Compounded Profit Growth
10 Years: 54%
5 Years: 127%
3 Years: 153%
TTM: 126%
Stock Price CAGR
10 Years: 40%
5 Years: 43%
3 Years: 81%
1 Year: 112%
Return on Equity
10 Years: 18%
5 Years: 19%
3 Years: 26%
Last Year: 48%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 26 26 26 26 26 26 26 26 26 26 26 26 26
Reserves 12 13 20 42 64 65 66 70 73 88 94 168 225
92 88 73 42 36 44 44 45 68 56 79 88 141
38 33 31 40 43 37 45 41 36 39 33 56 59
Total Liabilities 168 160 149 151 169 172 181 183 204 210 233 339 451
96 89 73 67 66 61 64 62 65 69 70 75 85
CWIP 0 0 0 0 1 3 2 5 3 2 1 24 40
Investments 0 0 1 1 1 1 1 1 0 16 16 4 6
71 71 75 82 100 107 114 115 137 122 145 236 320
Total Assets 168 160 149 151 169 172 181 183 204 210 233 339 451

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6 11 27 37 30 -4 17 14 -12 26 2 60
-0 -11 8 -2 -6 -1 -7 -6 -5 -17 -8 -16
-3 0 -31 -37 -10 -5 -5 -1 -9 -10 -5 -5
Net Cash Flow 2 0 3 -2 13 -10 4 7 -26 -1 -11 39

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 37 17 21 21 20 31 31 28 28 22 31 21
Inventory Days 104 101 73 90 95 112 65 67 114 158 163 111
Days Payable 115 54 35 39 40 49 47 43 39 35 26 23
Cash Conversion Cycle 27 64 59 72 76 95 49 52 103 145 168 109
Working Capital Days 45 52 44 57 55 91 63 59 97 112 122 74
ROCE % -4% 10% 16% 35% 33% 4% 7% 7% 9% 14% 7% 46%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.16% 55.30% 55.44% 55.44% 55.44% 55.56% 55.56% 55.56% 55.56% 55.18% 55.11% 55.11%
0.00% 0.02% 0.00% 0.11% 0.00% 0.19% 0.18% 0.58% 0.37% 2.78% 2.40% 2.21%
0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.31% 0.00%
44.83% 44.67% 44.56% 44.45% 44.56% 44.26% 44.27% 43.85% 44.08% 42.03% 42.17% 42.69%
No. of Shareholders 19,03720,28420,98321,01720,62418,74816,66416,99119,07928,76833,21637,474

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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