A Oneindia Venture

FMCG Stock Makes History! Company Announces First-Ever 1:2 Stock Split; Is A Rally Coming?

Small-cap FMCG company SKM Egg Products Export (India) announced its financial results for the quarter and a half that ended on September 30, 2025, along with a first-ever stock split corporate action to increase the liquidity of its equity shares and promote retail investor participation by making equity shares more affordable.

FMCG Stock Makes History! Company Announces First-Ever 1:2 Stock Split; Buy Now?

SKM Egg Products Export (India)

For the first time in the history of the company, the Board of Directors of SKM Egg Products Export (India) have approved sub-division of the existing 1 equity share of the company having a face value of Rs. 10/- each fully paid-up, into 2 equity shares having a face value of Rs. 5/- each, fully paid-up.

This move aims to enhance liquidity in the company's equity shares and make them more affordable for retail investors, thereby encouraging wider participation.

"The Record Date for the purpose of the sub-division of equity shares shall be intimated after taking aforesaid approval of the Shareholders of the company and the same will be intimated in due course," said SKM Egg Products Export (India) in a stock exchange filing on 29th October.

The company has announced its first-ever 1:2 stock split, in which each current equity share with a face value of Rs 10 would be divided into two fully paid-up equity shares of Rs 5 each. The authorized share capital would grow from 3,00,00,000 shares at Rs 10 each to 6,00,00,000 shares at Rs 5 each after the split. In the same vein, the issued, subscribed, and paid-up share capital would increase from 2,63,30,000 equity shares at Rs 10 to 5,26,60,000 equity shares at Rs 5.

This strategic move is expected to improve market accessibility and potentially boost trading volumes in the company's stock.

SKM Egg Products Export (India) Q2 Results

In the September 2025 quarter, the company recorded consolidated net sales of Rs 201.93 crore, a 58.43% rise compared to Rs 127.46 crore in the September 2024 quarter. Its net profit jumped by 186.79% from Rs. 8.63 crore in the September 2024 quarter to Rs. 24.75 crore in the September 2025 quarter. EBITDA improved 116.12% from Rs. 18.43 crore in Q2FY25 to Rs. 39.83 crore in Q2FY26.

SKM Egg Products Export Target Price

"SKM Egg stock price is bearish & also overbought on the Daily charts with strong resistance at 465. Investors should be booking profits as a Daily close below support of 395 could lead to a target of 352 in the near term," commented A R Ramachandran, Independent SEBI-registered Research Analyst.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred to as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.

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