MUKKA

Mukka Proteins Limited

Mukka Proteins Limited (MUKKA) financial statements and selected valuation metrics through 30 June 2026.

Fast Moving Consumer Goods›Fast Moving Consumer Goods›Food Products›Animal Feed

shahtaparia.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹27.91
Market cap
837 Cr
Stock P/E
12.1
P/B
1.67
ROE (FY26)
9.8%
ROCE (FY26)
9.9%
Operating margin (FY26)
6.8%
Debt / equity (FY26)
1.54
OCF / EBITDA (FY26)
-97.1%
OCF / EBITDA (3Y)
-118.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Mukka Proteins turns fish into fishmeal and fish oil, sold mainly as feed for aquaculture, and is adding insect protein, organic-waste processing and frozen seafood.

Company snapshot

3rdBy market cap

Ranked among 5 companies in Animal Feed.

What we see

Concerns
  • ✗Over the last three years operations used more cash than they brought in, despite an operating profit — the business is not yet turning its profit into cash.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales517 Cr257 Cr172 Cr149 Cr303 Cr382 Cr171 Cr245 Cr653 Cr381 Cr490 Cr
Operating expenses (approx.)498 Cr225 Cr158 Cr140 Cr262 Cr352 Cr156 Cr224 Cr608 Cr347 Cr442 Cr
EBITDA19 Cr32 Cr14 Cr10 Cr41 Cr29 Cr15 Cr21 Cr45 Cr34 Cr48 Cr
OPM %3.7%12.5%8.2%6.4%13.6%7.6%8.5%8.5%7.0%8.9%9.8%
Other income6 Cr5 Cr3 Cr3 Cr6 Cr4 Cr3 Cr6 Cr5 Cr15 Cr2 Cr
Interest6 Cr7 Cr8 Cr9 Cr11 Cr10 Cr11 Cr13 Cr15 Cr15 Cr16 Cr
Depreciation3 Cr3 Cr3 Cr4 Cr4 Cr3 Cr3 Cr4 Cr4 Cr5 Cr5 Cr
Profit before tax17 Cr27 Cr6 Cr1 Cr33 Cr20 Cr2 Cr9 Cr35 Cr29 Cr27 Cr
Tax %30.9%-8.1%5.1%-40.0%18.7%30.4%32.6%25.8%21.3%26.1%31.9%
Net profit12 Cr29 Cr5 Cr1 Cr27 Cr14 Cr2 Cr7 Cr27 Cr21 Cr19 Cr
EPS (₹)₹0.48₹1.20₹0.14₹0.07₹0.88₹0.45₹0.05₹0.20₹0.79₹0.69₹0.63

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales604 Cr771 Cr1,177 Cr1,380 Cr1,006 Cr1,449 CrSign in free for the trailing twelve months
Operating expenses (approx.)582 Cr723 Cr1,091 Cr1,274 Cr912 Cr1,335 CrSign in free for the trailing twelve months
EBITDA22 Cr48 Cr86 Cr105 Cr95 Cr115 CrSign in free for the trailing twelve months
OPM %3.6%6.2%7.3%7.6%9.4%7.9%Sign in free for the trailing twelve months
Other income6 Cr6 Cr7 Cr19 Cr15 Cr29 CrSign in free for the trailing twelve months
Interest8 Cr10 Cr16 Cr25 Cr37 Cr54 CrSign in free for the trailing twelve months
Depreciation8 Cr9 Cr12 Cr12 Cr14 Cr17 CrSign in free for the trailing twelve months
Profit before tax15 Cr36 Cr66 Cr87 Cr60 Cr75 CrSign in free for the trailing twelve months
Tax %28.8%28.2%27.9%15.0%20.2%24.0%Sign in free for the trailing twelve months
Net profit11 Cr26 Cr48 Cr74 Cr48 Cr57 CrSign in free for the trailing twelve months
EPS (₹)₹0.41₹1.10₹2.00₹3.10₹1.55₹1.74Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital6 Cr22 Cr22 Cr30 Cr30 Cr30 Cr
Reserves60 Cr76 Cr126 Cr366 Cr411 Cr469 Cr
Borrowings159 Cr173 Cr255 Cr362 Cr450 Cr768 Cr
Other liabilities126 Cr116 Cr164 Cr170 Cr170 Cr325 Cr
Total liabilities354 Cr392 Cr575 Cr941 Cr1,076 Cr1,621 Cr
Fixed assets (net)78 Cr81 Cr83 Cr84 Cr86 Cr164 Cr
CWIP4 Cr——0 Cr9 Cr30 Cr
Investments12 Cr21 Cr21 Cr32 Cr38 Cr57 Cr
Loans & advances———2 Cr0.23 Cr11 Cr
Inventories150 Cr165 Cr230 Cr423 Cr564 Cr857 Cr
Trade receivables48 Cr61 Cr113 Cr185 Cr200 Cr182 Cr
Cash & bank3 Cr12 Cr27 Cr94 Cr3 Cr13 Cr
Other assets60 Cr53 Cr101 Cr120 Cr177 Cr308 Cr
Total assets354 Cr392 Cr575 Cr941 Cr1,076 Cr1,621 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity6 Cr5 Cr-54 Cr-150 Cr-112 Cr-111 Cr
Cash from investing-14 Cr-12 Cr-5 Cr-48 Cr-35 Cr-146 Cr
Cash from financing9 Cr16 Cr75 Cr266 Cr56 Cr267 Cr
Net cash flow2 Cr8 Cr15 Cr68 Cr-91 Cr10 Cr
Free cash flow (OCF − Capex)-4 Cr-1 Cr-63 Cr-166 Cr-139 Cr-232 Cr

Ratios

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %10.3%16.5%20.1%14.6%10.8%9.9%
ROE %13.0%23.5%28.3%17.2%10.2%9.8%
Debtor days292935497246
Inventory days999283116224218
Days payable665547375661
Cash conversion cycle626771128240202
OCF / EBITDA %27.2%10.1%-63.1%-142.6%-118.0%-97.1%
OCF / EBITDA % (3 years)——-28.0%-83.6%-110.5%-118.6%
Debt / equity2.421.761.720.911.021.54
Current ratio0.961.041.151.571.521.23
Net debt / EBITDA7.133.402.652.544.716.59