MUKKA

Mukka Proteins financials

Market cap
₹965 Cr

What Mukka Proteins Limited does

Mukka Proteins Limited processes pelagic fish into fishmeal, fish oil and fish-soluble paste for aquaculture, poultry, pet food and veterinary-pharma feed customers, exporting to 25+ countries. It has diversified into a Black Soldier Fly (BSF) insect-protein platform that converts municipal wet waste into insect meal, oil, compost, humic acid and briquettes, and separately undertakes municipal leachate management under long-term government contracts. It also runs an EU-approved frozen and value-added marine products business producing surimi, IQF and blast-frozen seafood (shrimp, squid, cuttlefish and other species) for export.

Segments

  • Fish Protein
  • Alternate Proteins (Insects Biotech)
  • Waste Management & Environmental Solutions
  • Frozen & Value-Added Marine Products
Manufacturing units
24 (incl. third-party & job-work units); 16 owned in-house facilities across India & Oman
Installed capacity — fishmeal, fish oil & fish soluble paste
2,91,720 MT/year
Installed capacity — insect (BSF) protein
1,400 TPD (Mangaluru 200 TPD, Bengaluru 1,000 TPD, Kochi 200 TPD)
Frozen & value-added marine products capacity
167 TPD freezing; 1,926 TPD cold storage
Upcoming Oman facility capacity (fishmeal/fish oil/paste)
400 TPD
Export presence
25+ countries
Founded 1977Headquarters Mangaluru, KarnatakaEmployees 314 (FY25) Company website

Quarterly results

Q1 FY27: revenue up 186.5%, net profit up 850.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue149 303 382 171 245 +64%654 +116%381 −0%490 +187%
EBITDA10 41 29 14 20 +100%45 +10%34 +17%47 +236%
Net profit1 27 14 2 7 +600%27 +0%21 +50%19 +850%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +11.7% 1Y

₹20.0₹25.0₹30.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹28.8 on 10 Sept 2025 → ₹32.17. High ₹32.17 (11 Sept 2026), low ₹18.49 (30 Mar 2026).

Financials, as filed

Revenue grew 2.5% a year over 2 years, FY24 to FY26. Operating margin held at 7.8%.

Year endingFY24FY25FY26
Revenue₹1.4k Cr₹1.0k Cr₹1.5k Cr
Operating profit₹103 Cr₹94 Cr₹113 Cr
Operating margin7.5%9.3%7.8%
Interest₹25 Cr₹38 Cr₹54 Cr
Depreciation₹12 Cr₹14 Cr₹16 Cr
Net profit₹74 Cr₹47 Cr₹57 Cr
Net margin5.4%4.7%3.9%
Cash from operations₹-150 Cr₹-112 Cr₹-111 Cr
Free cash flow₹-165 Cr₹-130 Cr₹-230 Cr
ROCE19.0%12.0%12.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹6 Cr₹22 Cr₹22 Cr₹30 Cr₹30 Cr₹30 Cr
Reserves₹61 Cr₹76 Cr₹126 Cr₹366 Cr₹414 Cr₹469 Cr
Borrowings₹159 Cr₹175 Cr₹262 Cr₹365 Cr₹610 Cr₹779 Cr
Other liabilities₹129 Cr₹119 Cr₹166 Cr₹179 Cr₹185 Cr₹343 Cr
Total liabilities₹355 Cr₹392 Cr₹575 Cr₹941 Cr₹1.2k Cr₹1.6k Cr
Fixed assets₹79 Cr₹83 Cr₹85 Cr₹85 Cr₹109 Cr₹194 Cr
Capital work in progress₹4 Cr₹0 Cr₹0 Cr₹0 Cr₹33 Cr₹31 Cr
Investments₹12 Cr₹21 Cr₹21 Cr₹31 Cr₹40 Cr₹56 Cr
Other assets₹260 Cr₹289 Cr₹469 Cr₹825 Cr₹1.1k Cr₹1.3k Cr
Total assets₹355 Cr₹392 Cr₹575 Cr₹941 Cr₹1.2k Cr₹1.6k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public added +2.22 pp while DIIs trimmed −1.87 pp. The shareholder count shrank 12% to 1,27,922.

Promoters
73.3%
FIIs
1.7%
Public
24.9%

Since Jun 2025

  • Public +2.22 pp
  • DIIs −1.87 pp
  • FIIs −0.35 pp

How it drifted, 10 quarters

Over this window the public went from 18.2% to 24.9% — +6.7 pp.

Mar '24Mar '25Jun '26

Ownership split by quarter, oldest first. Mar '24: Promoters 73.3%, FIIs 6.5%, DIIs 2.0%, Public 18.2%.Jun '24: Promoters 73.3%, FIIs 5.1%, DIIs 2.5%, Public 19.1%.Sep '24: Promoters 73.3%, FIIs 2.8%, DIIs 2.0%, Public 21.8%.Dec '24: Promoters 73.3%, FIIs 2.6%, DIIs 2.0%, Public 22.1%.Mar '25: Promoters 73.3%, FIIs 2.6%, DIIs 2.0%, Public 22.1%.Jun '25: Promoters 73.3%, FIIs 2.1%, DIIs 1.9%, Public 22.7%.Sep '25: Promoters 73.3%, FIIs 1.7%, DIIs 1.7%, Public 23.3%.Dec '25: Promoters 73.3%, FIIs 1.7%, DIIs 0.2%, Public 24.8%.Mar '26: Promoters 73.3%, FIIs 1.7%, Public 25.0%.Jun '26: Promoters 73.3%, FIIs 1.7%, Public 24.9%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Mukka Proteins Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Mohammed Haris K 30.23%unchanged
K Mohammad Arif 16.13%unchanged
K Mohammed Althaf 16.13%unchanged
Kalandan Abdul Razak 7.33%unchanged
Umaiyya Banu 3.50%unchanged
Craft Emerging Market Fund Pcc- Elite Capital Fund FPI fund1.19%unchanged
Mohammed Ayaan Haris 0.00%unchanged
Mohammed Sahim Haris 0.00%unchanged
Ainy Mariyam Haris 0.00%unchanged
S Abdul Majeed 0.00%unchanged
Khairunissa Mohammed 0.00%unchanged
Mohammed Sameer Abbas 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.