NSEI:SKMEGGPROD

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SKM Egg Products Export (India)

Executive Summary

SKM Egg Products Export (India) Limited manufactures and supplies egg products in India, Japan, Russia, Europe, and internationally.


Snowflake Analysis

Questionable track record with imperfect balance sheet.

Share Price & News

How has SKM Egg Products Export (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SKMEGGPROD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.1%

SKMEGGPROD

1.2%

IN Food

0.1%

IN Market


1 Year Return

-1.9%

SKMEGGPROD

30.9%

IN Food

-6.1%

IN Market

Return vs Industry: SKMEGGPROD underperformed the Indian Food industry which returned 28.8% over the past year.

Return vs Market: SKMEGGPROD exceeded the Indian Market which returned -6.2% over the past year.


Shareholder returns

SKMEGGPRODIndustryMarket
7 Day6.1%1.2%0.1%
30 Day3.7%6.6%7.6%
90 Day-5.1%16.8%19.4%
1 Year-0.7%-1.9%33.0%30.9%-4.3%-6.1%
3 Year-48.2%-49.1%71.8%66.3%-2.9%-7.5%
5 Year-73.4%-74.3%132.2%120.9%21.9%12.7%

Price Volatility Vs. Market

How volatile is SKM Egg Products Export (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SKM Egg Products Export (India) undervalued compared to its fair value and its price relative to the market?

19.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SKMEGGPROD (₹35.4) is trading above our estimate of fair value (₹3.99)

Significantly Below Fair Value: SKMEGGPROD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SKMEGGPROD is poor value based on its PE Ratio (19.9x) compared to the IN Food industry average (12.7x).

PE vs Market: SKMEGGPROD is poor value based on its PE Ratio (19.9x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SKMEGGPROD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SKMEGGPROD's PB Ratio (0.9x) is in line with the IN Food industry average.


Next Steps

Future Growth

How is SKM Egg Products Export (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SKM Egg Products Export (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has SKM Egg Products Export (India) performed over the past 5 years?

-44.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKMEGGPROD has high quality earnings.

Growing Profit Margin: SKMEGGPROD's current net profit margins (1.5%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: SKMEGGPROD's earnings have declined by -44.7% per year over the past 5 years.

Accelerating Growth: SKMEGGPROD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SKMEGGPROD had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Food industry average (10.9%).


Return on Equity

High ROE: SKMEGGPROD's Return on Equity (4.7%) is considered low.


Next Steps

Financial Health

How is SKM Egg Products Export (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: SKMEGGPROD's short term assets (₹1.3B) exceed its short term liabilities (₹925.0M).

Long Term Liabilities: SKMEGGPROD's short term assets (₹1.3B) exceed its long term liabilities (₹114.2M).


Debt to Equity History and Analysis

Debt Level: SKMEGGPROD's debt to equity ratio (67.1%) is considered high.

Reducing Debt: SKMEGGPROD's debt to equity ratio has increased from 59.7% to 67.1% over the past 5 years.

Debt Coverage: SKMEGGPROD's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SKMEGGPROD's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is SKM Egg Products Export (India) current dividend yield, its reliability and sustainability?

1.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SKMEGGPROD's dividend (1.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: SKMEGGPROD's dividend (1.41%) is low compared to the top 25% of dividend payers in the Indian market (2.72%).


Stability and Growth of Payments

Stable Dividend: SKMEGGPROD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SKMEGGPROD has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.1%), SKMEGGPROD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

S. K. M. ShivKumar (51yo)

4.67yrs

Tenure

₹16,007,105

Compensation

Mr. S. K. M. Shree ShivKumar has been the Managing Director and Executive Director of SKM Egg Products Export (India) Ltd since June 25, 2006 and its Chief Executive Officer since November 18, 2015. Mr. Sh ...


CEO Compensation Analysis

Compensation vs Market: S. K. M.'s total compensation ($USD212.96K) is above average for companies of similar size in the Indian market ($USD48.83K).

Compensation vs Earnings: S. K. M.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
S. Maeilanandhan
Founder & Executive Chairman14.08yrs₹3.05mno data
S. K. M. ShivKumar
CEO, MD & Executive Director4.67yrs₹16.01m47.07% 443.7m
K. Venkatachalapathy
Chief Financial Officerno data₹2.53mno data
P. Sekar
Compliance Officer & Company Secretaryno data₹583.79kno data
V. Anandhatheerthan
Assistant General Manager of Finance and Accounts4.67yrsno datano data
A. Palanichamy
General Manager of Human Resources & Administration and General Manager of Corporate Affairsno datano datano data
V. Krishnan
General Manager of QA - Sales & Marketing4.67yrsno datano data

4.7yrs

Average Tenure

Experienced Management: SKMEGGPROD's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
S. Maeilanandhan
Founder & Executive Chairman14.08yrs₹3.05mno data
S. K. M. ShivKumar
CEO, MD & Executive Director4.67yrs₹16.01m47.07% 443.7m
L. Ramakrishnan
Independent Director23.42yrs₹8.00k0.019% 179.0k
S. Venkatachalapathy
Non-Executive Director23.42yrs₹8.00k0.30% 2.8m
Bangaru Ramakrishnan
Nominee Director15yrs₹7.00kno data
Shivkumar Kumutaavalli
Non-Executive Director9.75yrs₹8.00k0.038% 358.2k
Devarajan Chinnusamy
Independent Director7.92yrs₹3.00kno data
Doraisamy Venkateswaran
Independent Director5.5yrs₹5.00kno data
Thiruchengode Thirukumar
Additional Independent Director1yrno datano data
G.N. Jayaram
Additional Independent Director1yrno datano data

11.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: SKMEGGPROD's board of directors are seasoned and experienced ( 11.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SKM Egg Products Export (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SKM Egg Products Export (India) Limited
  • Ticker: SKMEGGPROD
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹942.614m
  • Shares outstanding: 26.33m
  • Website: https://www.skmegg.com

Number of Employees


Location

  • SKM Egg Products Export (India) Limited
  • 185, Chennimalai Road
  • Erode
  • Tamil Nadu
  • 638001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKMEGGPRODNSEI (National Stock Exchange of India)YesEquity SharesININRApr 1997
532143BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 1997

Biography

SKM Egg Products Export (India) Limited manufactures and supplies egg products in India, Japan, Russia, Europe, and internationally. The company offers various egg powders, including whole egg powder for use in biscuits, cakes, bakery mixes, pasta, dressings, ready meals, quiches, omelets, and meat products; egg yolk powder for use in mayonnaises, dressings, sauces, Spanish bread, croissants, pasta, and ice-cream; and egg albumen powder for use in bakery, pastry, confectionary, and meat and fish products. It also provides bakery mix products for use in cheese cakes, biscuits, cakes, sponge cakes, Swiss rolls, etc.; and liquid eggs comprising whole egg liquids, egg yolk liquids, egg albumen liquids, and customized egg liquids for use in cakes, meringues, noodles, mayonnaise, bakeries, fine food, ice-creams, cosmetics, confectionery, and pastries. In addition, the company trades in poultry feed ingredients. SKM Egg Products Export (India) Limited was incorporated in 1995 and is based in Erode, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 12:40
End of Day Share Price2020/07/13 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.