Mukka Proteins Share Price Target 2024, 2025.

Mukka Proteins Fundamental Analysis|Mukka Proteins Share Price Target.

Established in 2003, Mukka Proteins, a prominent Indian animal protein company, has secured its place in the global market. Initially renowned for fishmeal, fish oil, and fish soluble paste, vital components in aqua feed, poultry feed, and pet food, the company has evolved beyond its fish-centric origins.

Leading the Global Fish Protein Industry:

As India’s foremost exporter of fish meal and fish oil, Mukka Proteins has earned international recognition, propelled by unwavering dedication to quality and innovation.

Read More: Stock to buy now : TCS

Diversification Beyond Fish:

While fish protein remains at the core, Mukka Proteins is actively delving into the future of animal feed. Embracing alternative proteins, the company now produces Black Soldier Fly (BSF) insect meal and oil, reflecting a commitment to sustainability and the future of animal nutrition.

Recent Milestone:

In a significant move, Mukka Proteins entered the public market through an Initial Public Offering (IPO) in February 2024. This strategic step is anticipated to provide the capital necessary for further expansion, solidifying their status as a global leader in the animal protein sector.

Looking to the Future:

With a robust foundation in fish protein and a commitment to sustainable alternatives, Mukka Proteins is strategically positioned to meet the rising demand for animal feed. Their emphasis on innovation and expansion positions them as a noteworthy player in the evolving landscape of animal nutrition.

Fundamental Analysis of Mukka Proteins

The company is maintaining a very high ROCE and ROE of 23% and 35%.

Debt to equity is high about 1.80.

The company has shown a sales growth of 29% in past 3 years which is commendable.

The company has tripled it’s sales since 2019

A whooping growth in profit of 56% is seen in 3 years. These points shows the potential this business carries.

Profit has quadrapled since 2019.

Operating margins are just 7%.

Balance sheet seems weak.

With reserves going 2.5 times the debt has also increased by double.

There is no CWIP going on, fixed assets has also been almost constant.

Although business is good, management doesn’t seems to be much compatible.

Cash from Operating activities is negative.

Share Price Target of Mukka Proteins

The business of Mukka Proteins is quite profitable and growing. A check is required on its debt.

The only negative point for the company is its debt and cash operating activities.

The Share Price Target of Mukka Proteins will vary from 40 to 80 taking PE varing at 20 – 40.

This Share Price Target will vary with change in sales growth and PE.

YearBear caseBase caseBull case
2024203040
2025446688
Share Price Target Mukka Proteins

Share Price Target of Mukka Proteins 2024

Base Case : 30

Bear Case : 20

Bull Case : 40

Share Price Target of Mukka Proteins 2025

Assuming sales growth in 2025,will be 20% and OPM remains 7% then share price Target will be between 44-88

Base Case : 66

Bear Case : 44

Bull Case : 88

Read More : IEX Share Price Target

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