BSECompany Update1d ago · 13 Aug 2026, 03:06 pm
Intimation on Press Release.
Mukka Proteins Ltd · 544135
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Mukka Proteins Ltd reported strong Q1 FY27 performance with revenue increasing 186.73% YoY to ₹ 4896.5 Mn, PAT at ₹ 186.3 Mn, up 1072.52% YoY, driven by strong domestic and export demand, improved realizations, and favorable market conditions.
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Mukka Proteins Ltd - 544135 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 13-08-2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Listing Department
Bandra Kurla Complex, Dalal Street,
Bandra East, Mumbai-400051 Mumbai-400001
Scrip Code: MUKKA Scrip Code: 544135
Dear Sir/Madam,
Subject: Intimation of Press Release
In terms of Regulations 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, we enclose a copy of Press Release being
issued by the Company on the following subject:
“Q1 FY27 Consolidated Performance
Mukka Proteins Limited Reports Strong Q1 FY27 Performance”
This is for your information and records.
Thank you,
For Mukka Proteins Limited
Mehaboobsab Mahmadgous Chalyal
Company Secretary & Compliance Officer
Membership No.: A67502
Encl: as above.
Q1 FY27 Consolidated Performance
Mukka Proteins Limited Reports Strong Q1 FY27 Performance
Revenue increases 186.73% YoY to ₹ 4896.5 Mn
PAT at ₹ 186.3 Mn, up 1072.52% YoY
Mangalore, August 13, 2026: Mukka Proteins Limited (“the Company”), one of India’s prominent
manufacturers and exporters of fishmeal, fish oil, and fish‑soluble paste and engaged in waste‑to‑value
solutions, announced its Financial Results for the Quarter ended June 30, 2026.
Consolidated Financial Performance:
Q1 FY27 v/s Q4 FY26 Q1 FY27 v/s Q1 FY26
Revenue: ₹ 4,896.54 Mn against ₹ 3,806.01 Mn Revenue: ₹ 4,896.54 Mn against ₹ 1,707.74 Mn
Gross Profit: ₹ 1,078.00 Mn against ₹ 802.26 Gross Profit: ₹ 1,078.00 Mn against ₹ 414.49
Mn Mn
Gross Profit Margin: 22.02% against 21.08% Gross Profit Margin: 22.02% against 24.27%
EBITDA: ₹ 486.23 Mn against ₹ 491.82 Mn EBITDA: ₹ 486.23 Mn against ₹ 166.62 Mn
EBITDA Margin: 9.93% against 12.92% EBITDA Margin: 9.93% against 9.76%
PAT: ₹ 186.34 Mn against ₹ 213.59 Mn PAT: ₹ 186.34 Mn against ₹ 15.89 Mn
PAT Margin: 3.81% against 5.61% PAT Margin: 3.81% against 0.93%
Standalone Financial Performance:
Q1 FY27 v/s Q4 FY26 Q1 FY27 v/s Q1 FY26
Revenue: ₹ 4,058.56 Mn against ₹ 3,128.77 Mn Revenue: ₹ 4,058.56 Mn against ₹ 1,357.92 Mn
Gross Profit: ₹ 814.85 Mn against ₹ 642.02 Mn Gross Profit: ₹ 814.85 Mn against ₹ 329.77 Mn
Gross Profit Margin: 20.08% against 20.52% Gross Profit Margin: 20.08% against 24.28%
EBITDA: ₹ 441.36 Mn against ₹ 429.11 Mn EBITDA: ₹ 441.36 Mn against ₹ 135.03 Mn
EBITDA Margin: 10.87% against 13.71% EBITDA Margin: 10.87% against 9.94%
PAT: ₹ 194.07 Mn against ₹ 189.09 Mn PAT: ₹ 194.07 Mn against ₹ 11.35 Mn
PAT Margin: 4.78% against 6.04% PAT Margin: 4.78% against 0.84%
Note: Amounts are presented in ₹ Mn.
Consolidated Quarterly Performance
Revenue from operations for Q1 FY27 stood at ₹4,896.5 Mn, registering a robust 186.7% YoY growth.
EBITDA increased to ₹486.2 Mn, up 191.8% YoY, with EBITDA margin improving by 17 bps YoY
to 9.9%. PAT stood at ₹186.3 Mn, compared to ₹15.9 Mn in Q1 FY26 with YoY growth of 1,072.5%,
while PAT margin expanded by 288 bps YoY to 3.8%. Growth was driven by strong domestic and
export demand, improved realizations, and the Company's ability to capitalize on favourable market
conditions amid global fish meal supply constraints.
Standalone Quarterly Performance
Revenue from operations for Q1 FY27 stood at ₹4,058.6 Mn, reflecting a strong 198.9% YoY growth.
EBITDA increased to ₹441.4 Mn, up 226.9% YoY, with EBITDA margin improving by 93 bps YoY
to 10.9%. PAT rose to ₹194.1 Mn from ₹11.4 Mn in Q1 FY26 with YoY growth of 1,609.0%, while
PAT margin expanded by 394 bps YoY to 4.8%.
Key Highlights:
• Board approved an investment of ₹6.49 Mn for a 25.98% stake in Swachha Eco Solutions Pvt.
Ltd. (SESPL), strengthening the Company’s presence in sustainable waste management
solutions and making SESPL an associate company
• Company acquired a 51% stake in Delta Marine Products for ₹111 Mn, strengthening its fish
meal and fish oil manufacturing capabilities while supporting capacity expansion and
operational efficiency
• During the quarter, the Company successfully resolved a long-standing customs litigation
matter, with the Hon'ble CESTAT setting aside the entire demand of approximately ₹152.4 Mn,
along with associated interest and penalties
Mr. Kalandan Mohammed Haris, CEO & MD, Mukka Proteins Limited, said, “Q1 FY27 marks a
significant milestone in Mukka Proteins’ growth journey. We delivered consolidated revenue of ₹4896.5
Mn, representing a robust 186.7% year-on-year increase, driven by strong demand across domestic
and export markets, improved product realizations, and higher sales volumes. Our EBITDA grew by
191.8% to ₹486.2 Mn, reflecting the benefits of operating leverage, efficient raw material sourcing, and
disciplined cost management.
The global fish meal industry continued to witness favourable market dynamics during the quarter,
supported by healthy demand from aquaculture and animal nutrition sectors, alongside supply side
constraints in key producing geographies. Leveraging our integrated value chain, strong procurement
network, and diversified customer base, we were well positioned to capitalize on these opportunities.
During the quarter, we also advanced our long-term growth strategy through investments and
acquisitions that strengthen our manufacturing footprint and expand our sustainability-focused
operations. The acquisition of Delta Marine Products and our strategic investments that will happen in
Aqua Marine and Swachha Eco Solutions are aligned with our vision of enhancing capacity,
diversifying revenue streams, and creating a more resilient and integrated business model.
Looking ahead, we remain focused on capacity expansion, operational excellence, product innovation,
and market diversification. Backed by a strong balance sheet, growing global demand, and our
commitment to sustainable value creation, we are confident in sustaining our growth momentum and
delivering long-term value to all stakeholders.”
About Mukka Proteins Limited:
Mukka Proteins Limited (“MPL”) is one of India’s prominent manufacturers and exporters of fishmeal,
fish oil, and fish-soluble paste, and a sustainability-focused company, engaged in waste-to-value
solutions. With a strong export presence across 25+ countries and diversified operations in India and
the Middle East, MPL combines deep industry expertise, scalable processing infrastructure, and
circular-economy technology to serve global aquaculture, animal nutrition, and environmental markets.
Holding a 25–30% share of India’s fishmeal and fish oil market, the Company operates with an installed
capacity of 2,91,720 MT per year across fish meal, fish oil and fish soluble paste. Mukka’s strategically
located manufacturing and blending facilities enable strong supply reliability, consistent quality and
deep access to coastal raw material hubs. The Company serves marquee customers through long
standing relationships supported by stringent quality systems and sophisticated blending processes. The
Company’s growth momentum was further recognised with its 311ᵗʰ ranking in the FT1000 High
Growth Companies Asia-Pacific 2025 edition, reflecting its strong growth trajectory and expanding
global footprint.
For more information, please contact:
Mukka Proteins Limited Ernst & Young LLP – Investor Relations
Mehaboobsab Mahmadgous Chalyal Vikash Verma / Sumedh Desai / Sukhin Naphade
Company Secretary & Compliance Officer Vikash.verma1@in.ey.com
cs@mukkaproteins.com sumedh.desai@in.ey.com
sukhin.s.naphade@in.ey.com
DISCLAIMER:
Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and
uncertainties like government actions, local, political, or economic developments, industry risks, and many other factors that could cause actual results to differ
materially from those contemplated by the relevant forward-looking statements. Mukka Proteins Limited will not be responsible for any action taken based on
such statements and undertakes no obligation to publicly update these forward-looking statements to
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