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Mukka Proteins Ltd (MUKKA)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544135 NSE: MUKKA Animal Feed | Small Cap | Mukka Proteins Share Price
₹27.45 -0.70 (-2.49%)
As on 22-Sep'26 16:59
Mukka Proteins Ltd (MUKKA)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544135 NSE: MUKKA Animal Feed | Small Cap | Mukka Proteins Share Price
₹27.45 -0.70 (-2.49%)
As on 22-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹845 Cr.
Current Price
₹27.5
52-Week Low / High
₹18 / 33
TTM EPS
₹2.3
TTM Sales
₹1,713 Cr.
Book Value per Share
₹17.3
P/E Ratio
12.22
Lower than its 5-year historical median
Industry PE
22.2
Price to Book (P/B)
1.63
Higher than its 5-year historical median
Price to Sales (P/S)
0.49
Lower than its 5-year historical median
EV/EBITDA
8.83
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
12.15%
Underperforms industry median
Return on Capital Employed (ROCE)
11.93%
Underperforms industry median
Return on Assets (ROA)
4.23%
Operating Profit Margin
8.1%
Net Profit Margin
3.94%
Gross Profit Margin
6.1%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
38.62%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
20.76%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
18.69%
Asset Quality
Promoter Holding
73.33%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹489 Cr.
Equity
₹30 Cr.
Face Value
₹1
All Time Low / High
₹18.32 / 56.52
Check Before You Invest
Quality
Not GoodValuation
FairCheck Valuation charts
Price Trend
Semi Strong
Is Mukka Proteins Ltd a good quality company?
Mukka Proteins Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Mukka Proteins Ltd performance compare with that of its Peers?
Revenue growth of Mukka Proteins Ltd vs industry peers?
Mukka Proteins Ltd revenue CAGR is 19.14%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Mukka Proteins Ltd?
Promoters hold 73.33% of the Mukka Proteins Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Mukka Proteins Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 1.24% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mukka Proteins Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 19.7% | 17.2% | 7.3% | 16.9% | 23.5% | 18.3% | 11.5% | 11.2% | - |
| Value Creation Index ⓘ | 0.4 | 0.2 | -0.5 | 0.2 | 0.7 | 0.3 | -0.2 | -0.2 | - |
Growth Parameters ⓘ |
|||||||||
| Sales ⓘ | 407 | 546 | 536 | 693 | 1,066 | 1,269 | 887 | 1,229 | 1,448 |
| Sales YoY Gr. | - | 34% | -1.7% | 29.2% | 53.9% | 19% | -30.1% | 38.6% | - |
| Adj EPS ⓘ | 0.7 | 0.5 | 0 | 0.8 | 1.9 | 1.8 | 1.2 | 1 | 2 |
| YoY Gr. | - | -31.9% | -95.7% | 3850% | 134.2% | -2.7% | -33.3% | -13.3% | - |
| BVPS (₹) ⓘ | 2.1 | 2.6 | 2.9 | 3.7 | 5.5 | 12.2 | 13.5 | 14.9 | 15.6 |
| Adj Net Profit ⓘ | 15.1 | 10.3 | 0.4 | 17.5 | 40.8 | 53.9 | 36 | 31.3 | 59 |
| Cash Flow from Ops. ⓘ | -21.6 | -24.1 | -2.3 | -15.3 | -47 | -144 | -132 | -161 | - |
| Debt/CF from Ops. ⓘ | -3.8 | -4.7 | -54.1 | -10.5 | -5 | -2.3 | -3.1 | -4.2 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 18.1% | 4.9% | 38.6% | ||||
| Adj EPS ⓘ | NA | 120.4% | -17.5% | -13.3% | ||||
| BVPSⓘ | NA | 39.1% | 39.2% | 10.6% | ||||
| Share Price | - | - | - | -0% | ||||
Key Financial Parameters ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 33.4 | 20 | 0.6 | 24.1 | 40 | 22.1 | 9.4 | 7.4 | 13 |
| Op. Profit Mgn % ⓘ | 6.1 | 3.7 | 1.3 | 4.7 | 6.7 | 6.4 | 8.6 | 7.2 | 8.1 |
| Net Profit Mgn % ⓘ | 3.7 | 1.9 | 0.1 | 2.5 | 3.8 | 4.3 | 4.1 | 2.6 | 4.1 |
| Debt to Equity ⓘ | 1.8 | 1.9 | 2 | 2 | 1.9 | 0.9 | 1 | 1.5 | - |
| Working Cap Days ⓘ | 0 | 116 | 146 | 125 | 108 | 146 | 295 | 288 | 188 |
| Cash Conv. Cycle ⓘ | 0 | 40 | 58 | 54 | 52 | 88 | 194 | 191 | 50 |
Valuation of Mukka Proteins - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|
| Sales | 409 | 549 | 604 | 771 | 1,177 | 1,380 | 1,006 | 1,449 |
| Operating Expenses ⓘ + | 385 | 525 | 582 | 724 | 1,091 | 1,274 | 912 | 1,335 |
| Operating Profit ⓘ | 23 | 24 | 22 | 47 | 86 | 105 | 95 | 115 |
| Operating Profit Margin (%) | 5.7% | 4.3% | 3.6% | 6.1% | 7.3% | 7.6% | 9.4% | 7.9% |
| Other Income ⓘ + | 3 | 8 | 10 | 7 | 7 | 17 | 15 | 29 |
| Interest ⓘ | 4 | 7 | 8 | 10 | 16 | 26 | 37 | 54 |
| Depreciation ⓘ | 2 | 5 | 8 | 9 | 12 | 12 | 14 | 17 |
| Profit Before Tax ⓘ | 19 | 20 | 15 | 36 | 66 | 87 | 60 | 75 |
| Tax ⓘ | 5 | 6 | 4 | 10 | 18 | 13 | 12 | 18 |
| Profit After Tax | 14 | 14 | 11 | 26 | 48 | 74 | 48 | 57 |
| PAT Margin (%) | 3.4% | 2.5% | 1.8% | 3.4% | 4.0% | 5.4% | 4.8% | 3.9% |
| Adjusted EPS (₹) | 0.7 | 0.6 | 0.4 | 1.1 | 2.0 | 2.3 | 1.6 | 1.7 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 44 | 57 | 67 | 98 | 148 | 396 | 441 | 499 | |||
| Debt + | 83 | 138 | 155 | 168 | 253 | 358 | 445 | 753 | |||
| Minority Interest | 0 | 1 | 3 | 5 | 8 | 12 | 16 | 30 | |||
| Trade Payables | 60 | 81 | 100 | 98 | 131 | 136 | 142 | 241 | |||
| Others Liabilities ⓘ | 14 | 16 | 30 | 24 | 36 | 38 | 33 | 99 | |||
| Total Liabilities ⓘ | 201 | 293 | 355 | 392 | 575 | 941 | 1,076 | 1,621 | |||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 48 | 77 | 78 | 81 | 83 | 84 | 93 | 193 | |||
| CWIP ⓘ | 0 | 2 | 4 | 0 | 0 | 0 | 9 | 31 | |||
| Investments ⓘ | 9 | 5 | 12 | 21 | 21 | 31 | 37 | 56 | |||
| Inventories | 90 | 115 | 150 | 165 | 230 | 423 | 564 | 857 | |||
| Trade Receivables | 28 | 35 | 48 | 61 | 113 | 185 | 200 | 182 | |||
| Cash Equivalents | 1 | 2 | 4 | 14 | 29 | 127 | 42 | 60 | |||
| Others Assets ⓘ | 24 | 57 | 59 | 50 | 98 | 91 | 132 | 243 | |||
| Total Assets ⓘ | 201 | 293 | 355 | 392 | 575 | 941 | 1,076 | 1,621 | |||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | -20 | -25 | 2 | 5 | -56 | -150 | -112 | -111 |
| Cash Flow From Investing Activity ⓘ + | -23 | -28 | -14 | -11 | -3 | -48 | -35 | -146 |
| Cash Flow From Financing Activity ⓘ + | 34 | 54 | 13 | 15 | 75 | 266 | 56 | 267 |
| Net Cash Flow ⓘ | -9 | 1 | 2 | 8 | 15 | 68 | -91 | 10 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 31.1 | 27 | 17.89 | 31.32 | 38.61 | 27.32 | 11.5 | 12.15 | ||
| ROCE (%) | 18.24 | 16.57 | 11.08 | 18.35 | 24.44 | 19.54 | 11.82 | 11.93 | ||
| Asset Turnover Ratio | 2.04 | 2.22 | 1.86 | 2.06 | 2.5 | 1.86 | 1.02 | 1.1 | ||
| PAT to CFO Conversion(x) | -1.43 | -1.79 | 0.18 | 0.19 | -1.17 | -2.03 | -2.33 | -1.95 | ||
| Working Capital Days | ||||||||||
| Receivable Days | 25.40 | 21.10 | 25.10 | 25.90 | 26.30 | 38.70 | 68.50 | 47.10 | ||
| Inventory Days | 80.40 | 68.20 | 80.10 | 74.60 | 59.50 | 84.70 | 175.70 | 175.20 | ||
| Payable Days | 63 | 54.50 | 64.50 | 56.80 | 44.30 | 42.90 | 65.50 | 59.70 | ||
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Mukka Proteins Ltd FAQs
The current trading price of Mukka Proteins on 22-Sep-2026 16:59 is ₹27.45.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Sep-2026 the market cap of Mukka Proteins stood at ₹844.5 Cr
The latest P/E ratio of Mukka Proteins as of 21-Sep-2026 is 14.22.
The latest P/B ratio of Mukka Proteins as of 21-Sep-2026 is 1.81.
The 52-week high of Mukka Proteins is ₹33.24 and the 52-week low is ₹18.32.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mukka Proteins is ₹1,448 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mukka Proteins Ltd is a below average quality company.
The key valuation ratios of Mukka Proteins Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mukka Proteins Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
About Mukka Proteins Ltd
Mukka Proteins Limited was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on March 21, 2003 under the name ‘Mukka Sea Foods Industries’ pursuant to a deed of partnership dated March 13, 2003 and was re-constituted on July 14,2004 and June 18, 2010. ‘Mukka Sea Foods Industries’ was thereafter converted from a partnership firm to a private limited company under Part IX of the Companies Act, 1956, as ‘Mukka Sea Food Industries Private Limited’ and a certificate of incorporation was issued by the Registrar of Companies, Karnataka on November 04, 2010. Subsequently, the Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of the company at the extraordinary general meeting held on November 09, 2019 and the name of the company was changed to ‘Mukka Sea Food Industries Limited’ and a fresh certificate of incorporation consequent upon conversion to a public limited company dated December 02, 2019 was issued to the company by the Registrar of Companies, Bangalore. Thereafter, the name of the company was changed to ‘Mukka Proteins Limited’ pursuant to a special resolution passed by the shareholders of the company at the extraordinary general meeting held on July 23, 2021 and a fresh certificate of incorporation dated August 06, 2021 was issued by the Registrar of Companies, Bangalore.
The company manufactures and supplies fish meal, fish oil and fish soluble paste which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food). Further, fish oil also finds its application in pharmaceutical products (additionally, Omega-3 pills and related products derived from fish oil are gaining importance as high nutrient and healthy dietary supplements), soap manufacturing, leather tanneries & paint industries. It sells its products domestically and also exports them to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan and Vietnam.
With, many decades of successful track record of its Promoters in the Fish Protein industry, the company is one of the pioneers of the industry. It is also amongst the first few companies to have introduced the steam dried process in India for manufacturing of fish meal. Its Promoter Directors, namely Kalandan Mohammed Haris, Kalandan Mohammad Arif and Kalandan Mohammed Althaf are actively involved in the business and amongst themselves have, in-depth knowledge and vast experience in the marine sector, Fish Protein, aqua feed and alternative protein industry. Its Promoter Directors share various functional responsibilities amongst themselves for effective management and are well supported by qualified and experienced professionals.
Business area of the company
The company is engaged in the business of manufacturing of Fish Protein (i.e. fish meal, fish oil and fish soluble paste) and Insect Protein (i.e. insect meal and insect oil), which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food).
Products of the company
- Fish meal
- Fish oil
- Fish soluble paste
Awards and accreditations
- 2011: ‘Niryat Shree’ Award for outstanding Export Performance in the Category of ‘Residual Sector not covered anywhere - MSME’ during the year 2010-11 Trophy awarded by Federation of Indian Exports Organization.
- 2011: Best District Exporter Award 2011 awarded by the Federation of Karnataka Chambers of Commerce and Industry.
- 2011: Producer Member of IFFO (The Marine Ingredients Organisation).
- 2011: District Exporter Award 2011, Dakshina Kannada-Special Recognition awarded by the Federation of Karnataka Chambers of Commerce and Industry.
- 2012: Export Award for Outstanding Performance for the year 2011-12 in the exports of dried marine products awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry, Government of India.
- 2013: District Exporter Award 2013, Dakshina Kannada-Special Recognition awarded by the Federation of Karnataka Chambers of Commerce and Industry.
- 2014: State Export Excellence Award 2012-13 for Marine Products (Medium/Large Enterprise - Gold) awarded by the Government of Karnataka.
- 2014: State Export Excellence Award 2011-12 for Marine Products (Medium/Large Enterprise - Gold) awarded by Government of Karnataka.
- 2014: Best Manufacturer Exporter Award 2014 (Medium Category - Gold), awarded by the Federation of Karnataka Chambers of Commerce and Industry.
- 2015: State Export Excellence Award 2013-14 for Marine Products (Medium/Large Enterprise) awarded by the Government of Karnataka.
- 2015: State Export Excellence Award in District Category for the year 2014-15, awarded, Government of Karnataka.
- 2015: Distinguished Award of Felicitation for immense contribution to the society in the coastal districts of Karnataka State in Educational Scholarship Meet & Free Wheel Chair Distribution - 2015 awarded by Bearys Cultural Forum, United Arab Emirates.
- 2015: Export Award 2014-15 for Second Outstanding Performance in overall exports-quantity, awarded by The Marine Products Export Development Authority, Ministry of Commerce & Industry.
- 2015: SKOCH Order of Merit for qualifying in India’s best SMEs awarded by SKOCH Group.
- 2016: Export Award 2015-16 for Outstanding Performance in Dried Marine Products awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry.
- 2016: SKOCH Award by SKOCH Group
- 2016: SKOCH Order-of-Merit for qualifying in India’s best SME’s - 2016 awarded by SKOCH Group
- 2016: Indian Achievers Award for Industry Development awarded by Indian Achievers Forum.
- 2017: Sponsor in Aqua Aquaria India 2017 awarded by The Marine Products Export Development Authority, Ministry of Commerce & Industry, Govt. of India.
- 2017: Export Award 2016-17 for Outstanding Performance in Dried Marine Products Exports awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry.
- 2017: Export Award 2016-17 for Second Outstanding Performance in overall exports-quantity awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry.
- 2017: District Exporter Award for Dakshina Kannada Mangalore awarded by the Federation of Karnataka Chambers of Commerce & Industry.
- 2018: Export Award 2017-18 for Outstanding Performance in overall exports-quantity awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry.
- 2018: Export Award 2017-18 for Second Outstanding Performance in Dried Marine Products awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry.
- 2018: Export Excellence Award 2016-17 under the category of Top Multi Product Exporter in Karnataka awarded by FIEO.
- 2018: Special Recognition Awards 2018 in Manufacturing (Medium Category) awarded by the Federation of Karnataka Chambers of Commerce & Industry.
- 2018: Industrial Excellence Awards & Conference 2018 for Best Company of the Year India, 2018 for Animal Feed Industry awarded by Industrial Excellence Awards & Conference.
- 2018: Certificate for FT 1000 High-Growth Companies Asia-Pacific 2018 awarded by The Financial Times and Statista.
- 2018: FKCCI Business Excellence Awards 2018.
- 2019: State Export Excellence Award for the year 2016-17 in Platinum Category awarded by Visvesvaraya Trade Promotion Centre (VTPC), Government of Karnataka Organization.
- 2019: State Export Excellence Award 2015-16 Platinum Award awarded by the Government of Karnataka
- 2019: Best Manufacturer Exporter Award 2019 – Gold (Medium Category) awarded by the Federation of Karnataka Chambers of Commerce & Industry.
- 2019: Export Award 2018-19 for Second Outstanding Performance in overall exports-quantity awarded by The Marine Products Export Development authority, Ministry of Commerce and Industry.
- 2020: Semi Finalist SKOCH of SKOCH Award 2020 awarded by SKOCH Group.
- 2020: Time2Leap Awards - MSME Edition 2020 for outstanding accomplishment in Best Sea Food Exporter of the year.
- 2020: Awarded as Three Star Export House by Directorate General of Foreign Trade, Ministry of Commerce & Industry, Government of India.
- 2020: Certificate for FT High-Growth Companies Asia-Pacific 2020 awarded by The Financial Times and Statista.
- 2021: SKOCH Award Achiever Silver awarded by SKOCH Group
- 2021: Semi Finalist SKOCH of SKOCH Award 2021 awarded by SKOCH Group
- 2021: Certificate for India's Growth Champions 2021 awarded by The Economic Times and Statista.
- 2021: High-Growth Companies Asia-Pacific 2021 awarded by Nikkei Asia, The Financial Times and Statista.
- 2021: Apex India MSME Award 2021 for outstanding export performance -Gold Award.
- 2021: Certificate for FT High-Growth Companies Asia-Pacific 2021 awarded by The Financial Times and Statista.
- 2022: Rural and Urban Development Summit & Awards 2022-Exporter of the year manufacturing.
- 2022: Rural and Urban Development Summit & Awards 2022-Exporter of the year manufacturing - Agro.
- 2022: ‘Top 10 Sea Food Companies from Asia 2022’.
- 2022: MPEDA Award 2019-20 - Award for the second highest export outstanding performance in overall Exports Category - 1 (B) Quantity wise.
- 2022: MPEDA Export Award 2019-20 - Award for the highest export outstanding performance in the export of Dried Marine Products: Fish meal, Fish oil & Allied Products Category - II.E.
- 2022: MPEDA Award Export 2020-21 - Award for the highest export outstanding performance in overall Exports Category - 1 (B).
- 2022: MPEDA Award 2020-21 - Award for the highest export performance in the export of Dried.
- 2022: Marine Products: Fish meal, Fish oil & Allied Products Category - II.E.
- 2022: National Logistics Excellence Award 2021 - In recognition of Excellence and Innovation in Logistics Second runner up.
- 2023: State Export Excellence Award – Award Category – Marine Products Exporter for the years 2017-18, 2018-19 and 2019-20 awarded by the Commissioner for Industrial Development and Director of Industries and Commerce.
- 2023: India’s Growth Champions 2023 Award - awarded by The Economic Times and Statista Certificate for FT High-Growth Companies Asia-Pacific 2023 awarded by The Financial Times and Statista.
- 2023: Star Exporter Award-Manufacturer Category-Silver awarded by Federation of Karnataka, Chambers of Commerce and Industry.
History and milestones
- 2003: Constituted as a Partnership Firm under the name of Mukka Sea Foods Industries.
- 2006: Granted Certificate of Registration of Processing Plant, Certificate of Registration as a Manufacturer and Exporter, Certificate of Registration of Storage Premises from MPEDA.
- 2010: Conversion of partnership firm of Mukka Sea Foods Industries into a Private Limited.
- 2010: Company under the name of Mukka Sea Food Industries Private Limited.
- 2011: Awarded ISO 9001:2015 Quality Management System.
- 2013: Obtained a registered license from the People’s Republic of China to explore China Market.
- 2014: Awarded HACCP (Hazard Analysis and Critical Control Points)
- 2015: GMP+ B2 Production of feed ingredients Certification by SGS Product & Process certification.
- 2016: Awarded ISO 22000:2005 Food Safety Management System.
- 2016: Commenced International Export operations in the Middle East.
- 2018: Awarded HALAL certification.
- 2018: Significant capital contribution in Atlantic Marine Products, a partnership firm, which eventually converted into private limited company and became its Subsidiary in 2019.
- 2018: Acquisition of shares in Ocean Aquatic Proteins LLC and thereby making it a Subsidiary.
- 2018: Setting up of Atlantic Manufacturing Facility II at Jafrabad, Gujarat.
- 2019: Conversion of the Company from Private Limited Company i.e., Mukka Sea Food Industries Private Limited to a Public Limited Company i.e. Mukka Sea Food Industries Limited.
- 2019: Significant capital contribution in Haris Marine Products, a partnership firm, which eventually converted into private limited company and became its Subsidiary in 2019.
- 2019: Membership at Visvesvaraya Trade Promotion Centre (VTPC), Government of Karnataka.
- 2020: Use of Blending Facility II and Blending Facility III with dedicated Quality and Assurance Lab established at Jafrabad and Porbandar, respectively.
- 2020: Crossed Rs 5,000 million turnover.
- 2021: Change of name of Company from Mukka Sea Food Industries Limited to Mukka Proteins Limited.
- 2021: Entered into shareholder agreement between Ento Proteins Private Limited, Holocene Ecosolutions Private Limited and Mukka Proteins Limited with respect to Ento Proteins Private Limited.
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