SKM Egg Products Share Price Hits 5% Upper Circuit As Q2 FY26 Profit Soars 188% YoY to ₹24.8 Crore

Erode, October 29: SKM Egg Products share price has hit its upper circuit today, on October 29. As of 3:10 PM, the SKM Egg Products shares are up by 5%, or 18.40 points, and are trading at ₹386.70. The current traded volume for the SKM Egg Products stock stands at 1.03 lakh shares, with the company’s market cap at ₹970 crore. The shares have their 52-week high at ₹386.70 and their 52-week low at ₹154.

SKM Egg Products Export (India) Limited is an Indian company that is engaged in the manufacturing and processing of egg products. The company was established in 1995 and is headquartered in Erode, Tamil Nadu. The shares of the company are listed on NSE with the ticker symbol SKMEGGPROD and on BSE with the code 532143.

Key Trigger: Strong Q2FY26 Financial Results

In Q2 FY26, the company’s revenue from operations increased 58% year-on-year to ₹20,193 lakh compared to ₹12,746 lakh in Q2 FY25. It was also up 15% sequentially from ₹17,570 lakh in Q1 FY26. Profit Before Tax (PBT) increased 174% YoY to ₹3,310 lakh from ₹1,208 lakh. Net Profit (PAT) surged 188% YoY to ₹2,480 lakh from ₹862 lakh. On a quarter-on-quarter basis, PBT and PAT rose 51% and 52%. Earnings Per Share (EPS) rose to ₹9.40 in Q2 FY26 from ₹6.18 in Q1 FY26 and ₹3.28 in Q2 FY25.

For the first half of FY26, revenue stood at ₹37,763 lakh, up 54% YoY. Profit before tax increased to ₹5,507 lakh, up 109% YoY. Net profit stood at ₹4,108 lakh, a 99% YoY increase.

As of 30 September 2025, the company’s consolidated balance sheet has total assets of ₹58,271 lakh, up from ₹49,360 lakh as of 31 March 2025. Equity share capital stood at ₹2,633 lakh. Other equity increased to ₹31,247 lakh from ₹27,683 lakh. Total borrowings increased to ₹14,704 lakh compared to ₹12,256 lakh earlier. Cash and cash equivalents are at ₹12,500 lakh.

In the H1 FY26 cash flow summary, the company recorded an operating cash outflow of ₹967 lakh. Investing cash flow stood at a negative ₹2,412 lakh, while financing cash flow showed an outflow of ₹1,651 lakh. The closing cash and cash equivalents for H1 FY26 stood at ₹2,224 lakh, compared to ₹7,254 lakh in FY25.

Company Announces 1:2 Stock Split

The company also announced a 1:2 stock split to enhance liquidity and attract more retail investors. Under the stock split, the face value per share will change from ₹10 to ₹5. It will result in increasing the number of equity shares from 2.63 crore to 5.27 crore. The authorised share capital will remain at ₹30 crore, but will be divided into 6 crore shares of ₹5 each post-split. The company has not announced the record date for the stock split yet.

REF: https://nsearchives.nseindia.com/corporate/SKMEGGPROD_29102025142842_SKMEGGFR291025FFF.pdf

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