Expansion26 May 2026, 09:14 am
SKM Egg: Poultry Farm Expansion to Boost Egg Production 5x
AI Summary
SKM Egg Products is expanding its poultry farm with an investment of approximately ₹400 crores, increasing layer bird capacity to 24 lakhs. The expansion includes new environment-controlled sheds and a feed mill, expected to boost egg production to 62 Cr eggs, a fivefold increase. The company locked in construction contracts to save ₹60 crores amid rising construction costs. The project will be funded through internal accruals and bank borrowings at a net effective interest rate of 4.5% to 4.7% due to a 3% interest subvention.
Key Highlights
- SKM Egg is expanding poultry farm capacity to 24 lakh birds with ₹400 Cr investment.
- Egg production expected to increase fivefold to 62 Cr eggs upon project completion.
- Locked construction contracts to save ₹60 Cr from anticipated cost escalations.
- New feed mill aims for 15-20% cost efficiency through in-house production.
- Expansion funded via internal accruals and bank loans with 3% interest subvention.
Price Impact
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