loader2
Partner With Us NRI

Mukka Proteins Ltd share Price Today

Company details

33.90
34.75
30.00
43.95
6M Return 0.00%
1Y Return -19.41%
Mkt Cap.(Cr) 1,021.50
Volume 796,510
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 796,510

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Food Products company Mukka Proteins announced Q4FY24 & FY24 results:

  • PAT for Q4 FY24, increased by 141.53% to Rs 29.15 crore from 12.07 crore in Q3FY24 (QoQ comparison) and increased by 32.99% in Q4FY24 from Rs 21.92 crore in Q4FY23 (YoY comparison)
  • For the entire FY24, PAT increased by 56.35% to Rs 74.31 crore, from Rs 47.52 crore in FY23
  • On a QoQ basis, the EBITDA margins increased by 177.47%, to 14.38% in Q4FY24 from 5.18% in Q3FY24, indicating 920 bps improvement in the margins
  • EBIDTA has improved by 37.77% to Rs 36.92 crore in Q4FY24 from Rs 26.80 crore in Q3FY24
  • PAT % as a % of Revenue has improved by 386.44%, to 11.36% in Q4FY24 from 2.33% in Q3FY24 and has improved by 117.96% compared to Q4FY23. 

On this occasion, Mohammed Haris, MD and CEO, Mukka Proteins said "We are extremely proud of the strong operational performance of the company in Q4FY24. The improvement in the margins clearly indicates that the management is focused on improving the profitability going forward as well. The use of IPO proceeds in the working capital requirements has boarded extremely well with the plans visualized by the management of the company. The sector promises to witness strong growth momentum going further in FY25 and in recent times the support from the Government through various schemes like Pradhan Mantri Matsya Sampada Yojana (PMMSY), Fisheries and Aquaculture Infrastructure Development Fund, Blue revolution 2.0 will only boost the prospects of the industry going forward. Our aim will be to surpass the industry growth and ensure that all our stakeholders including investors are extremely happy with the company’s performance”.

Result PDF

View Other Company Results

Mukka Proteins Ltd shares SWOT Analysis

Strengths (6)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Weakness (2)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Low Piotroski Score : Companies with weak financials

Opportunity (0)

Data not found

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 34.6
R2 35.1
R3 35.4
Pivot

34.23

S1 33.7
S2 33.4
S3 32.9
EMA SMA
33.9
35.1
-
-
33.6
35.1
-
-
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED Bulk Sell 2024-03-11 41.52 1560185 NSE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED Bulk Purchase 2024-03-07 39.13 4000000 NSE
Name Category Shares
MOHAMMED HARIS K PROMOTER 30.23%
K MOHAMMAD ARIF PROMOTER 16.13%
K MOHAMMED ALTHAF PROMOTER 16.13%
KALANDAN ABDUL RAZAK PROMOTER 7.33%
UMAIYYA BANU PROMOTER 3.5%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Mukka Proteins Ltd Stocks COMPARISON

Financials( in Cr) Mukka Proteins Ltd Central Depository Services (India) Ltd TBO Tek Ltd Indegene Ltd Godrej Agrovet Ltd
Price 34.05 2,051.60 1,582.30 569.90 618.50
% Change -0.58 -1.05 -1.55 -2.07 2
Mcap Cr 1,021.50 21,439.22 17,181.88 13,635.94 11,888.25
Revenue TTM Cr 1,177.12 555.09 1,064.59 2,306.13 9,373.68
Net Profit TTM Cr 47.53 275.96 148.49 266.10 295.36
PE TTM 14.64 51.69 83.90 41.45 32.41
1 Year Return -19.41 97.78 12.52 -0.18 35.77
ROCE 24.01 31.39 51.92 29.51 10.56
ROE 38.62 23.93 51.90 29.12 10.47
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 147.80 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,550.52 645.34
LAST 3M 103,712.87 -29,605.88
LAST 6M 176,931.00 -14,371.69
LAST 12M 290,309.13 100,312.35

Mukka Proteins Ltd Information

Stock PE (TTM)
14.64
Promoter Holding
73.33%
Book Value
13.203
ROCE
24.01%
ROE
38.62%
Description
  • 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 ROC-Bangalore, 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 world`s fastest-growing 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 India`s 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 High-Quality Fish Meal and Omega-3 Fish Oil which is used as a raw material in aquafeed, poultry feed, pet feed, animal feed, EPA-DHA 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.

No Data Found

AGM Date (Month) :
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 544135
NSE Code : MUKKA
Book Closure Date (Month) :
BSE Group : T
ISIN : INE0CG401037

FAQ’s on Mukka Proteins Ltd Shares

You can buy Mukka Proteins Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mukka Proteins Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 19, 2024 03:58 PM the closing price of Mukka Proteins Ltd was Rs.34.05.

The latest PE ratio of Mukka Proteins Ltd as of Jun 19, 2024 03:58 PM is 14.64

The latest PB ratio of Mukka Proteins Ltd as of Jun 19, 2024 03:58 PM is 0.39

The 52-week high of Mukka Proteins Ltd share price is Rs. 43.95 while the 52-week low is Rs. 30.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 19, 2024 03:58 PM, the market cap of Mukka Proteins Ltd stood at Rs. 1,021.50.

Download App

Download Our App

Play Store App Store
market app