1:2 Stock Split: FMCG stock in focus after board sets record date for share split

Synopsis: SKM Egg Products Export announces 1:2 stock split with record date January 12, 2026. Q2FY26 profit surged 178% to Rs. 25 crore; promoters increased stake to 45.52%.

A leading player in the egg products manufacturing and export sector has announced a significant corporate action that will impact its share structure. The company’s board has fixed a record date to implement a stock split. This move aims to enhance liquidity and make shares more accessible to retail investors.

SKM Egg Products Export (India) Limited’s stock, with a market capitalisation of Rs. 1,128 crores, fell to Rs. 428.35, hitting a low of up to 2.27 percent from its previous closing price of Rs. 438.30. Furthermore, the stock over the past year has given a return of 64.8 percent.

Record Date Announcement

The company has intimated about fixing the record date for a stock split. The Board of Directors has set Monday, January 12, 2026 as the record date to determine eligible shareholders for the sub-division of equity shares in 1:2 ratio. Each existing equity share with a face value of Rs. 10 will be subdivided into two equity shares of face value Rs. 5 each.

Promoter Activity

SKM Shree Shivkumar, a promoter of SKM Egg Products Export (India) Limited acquired 11,000 shares through open market purchases between December 8-9, 2025. Before this transaction, the promoter held 1,19,75,139 shares representing 45.48% of the company’s voting capital. After buying these additional shares, the total holding increased to 1,19,86,139 shares, which now represents 45.52%. This small acquisition increased the promoter’s stake by just 0.04 percentage points, and the company’s total equity share capital remains at 2,63,30,000 shares.

Q2 Financial Highlights 

The company reported revenue of Rs. 202 crore in Q2FY26, marking a strong 59% YoY growth from Rs. 127 crore in Q2FY25 and a 15% QoQ increase from Rs. 176 crore in Q1FY26. This sequential momentum reflects sustained demand and operational efficiency, with the company maintaining its growth trajectory quarter-on-quarter.

Profitability saw even more impressive gains, with Q2FY26 profit at Rs. 25 crore up 178% YoY from Rs. 9 crore and 56% QoQ from Rs. 16 crore. The company’s long-term fundamentals remain robust, backed by a 71% three-year profit CAGR, 18% revenue CAGR, and 29% ROE CAGR, demonstrating consistent value creation and improving return metrics.

Written By Fazal Ul Vahab C H

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