Mukka Proteins

Quick check

The five things to look at first. Open one for more.

• DebtLook closerRated BBB- by CARE.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 187% and profit rose 850% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 73% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 10.5 times its yearly earnings (P/E), cheaper than 100% of the time in the last 3 years. Its usual P/E is about 17.

Mukka Proteins against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)10.5 against a typical 19.5: cheaper than most peers (1st = cheapest).1st of 8
• Sales growth+186.5% against a typical +56.3% from a year earlier.1st of 8
• Profit growth+850% against a typical −20.3% from a year earlier.1st of 8
• Share price, 3 months+6% against a typical +3.3%.3rd of 7

Exchange filings and their impact on the company.

• 27 Oct 2026Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvalsLow impactPositivePrice −1.9% on 28 Oct
  Mukka Proteins secures US FDA facility registration till Dec 2027, enabling access to US customers.

  Mukka Proteins has received US FDA facility registration for its facility, confirmed via a certificate from Registrar Corp, USA. The certificate is valid from 1 October 2026 to 31 December 2027. The company says the registration will support operations and help it engage customers and markets that require US FDA registration, opening the door to US exports.

  Full analysisFiling
• 9 Oct 2026Commencement of commercial production/operationsMedium impactPositivePrice +0.2% on 12 Oct
  Mukka's Oman subsidiary starts commercial fish meal, oil and paste production, adding new Middle East capacity.

  Mukka Proteins said its overseas subsidiary, United Gulf Fishery Products LLC, started commercial production of fish meal, fish oil and fish soluble paste on 9 October 2026 at Al Juba, Mahoot in Oman. The company did not disclose capacity or investment, but said the plant will enhance group production capacity and strengthen its presence in the Middle East. The plant is expected to add incremental sales over the next year as utilisation ramps up.

  Full analysisFiling
• 9 Oct 2026Giving guarantees/indemnity/ becoming a surety for third partyMedium impactNeutralPrice +0.2% on 12 Oct
  Mukka to guarantee up to Rs 73.6 cr of bank loans for its Oman subsidiary.

  Mukka Proteins said its board on 9 October 2026 approved a corporate guarantee, standby letter of credit and fixed-deposit security of up to Rs 73.58 crore for its Oman subsidiary United Gulf Fishery Products LLC. The support will secure credit facilities to be taken by the subsidiary from HDFC Bank. The guarantee will be a contingent liability for Mukka and will help fund the subsidiary's business, with recovery rights against the subsidiary if invoked.

  Full analysisFiling
• 6 Oct 2026Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvalsLow impactPositivePrice +1.1% that day
  Mukka gets US organic clearance for its Eco Sphere fertilizer, opening a small new export channel.

  Mukka Proteins received a USDA NOP Inputs Attestation from ECOCERT S.A.S., France, for its Eco Sphere Organic Fertilizer, confirming it is suitable for use in organic farming. The attestation is valid from October 5, 2026 to March 31, 2028. The company says it should help sell the value-added fertilizer in organic markets including the United States and grow its sustainable products portfolio.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Kalandan Mohammed Haris

Chief Executive Officer, Managing Director, Executive Director

Kalandan Mohammed Althaf

Chief Financial Officer, Whole-Time Director

Kalandan Mohammad Arif

Chief Operating Officer, Whole-Time Director

Mehaboobsab Mahmadgous Chalyal

Compliance Officer, Company Secretary