What we do Mukka Proteins Limited manufactures fishmeal, fish oil, and fish soluble paste used in aqua, poultry, and pet feed. It also pioneers insect protein and waste-to-value solutions. |
Founded in 2,003 |
Market share Holds 25-30% market share in India's fishmeal and fish oil exports, with a strong global presence across 25+ countries. |
Problem solved Provides sustainable, high-quality animal proteins and manages urban wet waste using innovative insect biotechnology and environmental solutions. |
Top clients or who we serve Serves aqua feed, poultry feed, pet food industries globally; B2B customers in India and Middle East markets. |
Key management Founder Chairman Mr. K. Abdul Razak (50+ years industry veteran); MD & CEO Mr. K. Mohammed Haris; experienced whole-time directors in operations and finance. |
Our journey and innovations From 1977 partnership to 2024 IPO, pioneered steam sterilized fishmeal and commercial insect protein, expanded manufacturing in India and Oman, acquired multiple subsidiaries. |
Where we operate Operations in India (Karnataka, Gujarat), Oman, and exports to over 25 countries including Middle East, Far East, and Europe. |
Top products or what we offer Fishmeal, fish oil, fish soluble paste, Black Soldier Fly insect meal and oil, leachate treatment, frozen seafood products. |
Top brands - |
Raw materials needed Pelagic fish such as sardines and mackerels, municipal wet waste for insect protein. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily cyclical based on raw fish supply and export demand; insect protein and waste management offer recurring streams. |
Our industry position Among India's largest fishmeal exporters with a growing insect protein and environmental services portfolio, and recognized sustainability leader. |
Financial highlights FY25 consolidated revenue Rs.1006 crore; profit after tax Rs.48 crore; FY24 and FY25 marked revenue decline but strong strategic investments ongoing. |
Geographical revenue split Approximately 68% revenue from exports; rest from domestic markets in India, including new projects in Bengaluru and Gujarat. |
Order book Received ₹474.89 crore order for legacy leachate treatment over four years, supporting environmental revenue growth. |
Whats driving growth Growth driven by expanding aquaculture demand, innovation in insect protein, ESG-aligned waste management projects, and global marine protein exports. |
Our future plans Capex for capacity expansion in insect protein, carbon credit projects, acquisitions to consolidate insect and frozen seafood businesses, and global footprint expansion. |
Our green promise Strong ESG focus including zero landfill, zero leachate, carbon credit initiatives, and circular economy model transforming waste to protein and energy. |
Our people and values 314 employees with focus on operational excellence, diversity, inclusion, and sustainable growth under experienced leadership. |
Key challenges ahead Raw material supply volatility, regulatory changes, price fluctuations in global fishmeal markets, and execution risks in new business verticals. |
Interesting facts Ranked 311th in FT1000 Asia-Pacific High Growth companies 2025; recognized by Prime Minister for waste management innovation. |
Risks and strategy Risks include commodity cyclicality and regulatory shifts; mitigated by business diversification, strong governance, backward integration, and innovation. |
