Venky's (India) Limited announced its financial results for the quarter ended June 30, 2026, approved by the Board of Directors in their meeting held on August 11, 2026.
The company performed well across all three business segments during the quarter:
- Poultry & Poultry Products Segment: Achieved good performance despite higher feed prices, driven by improved volume and better realization.
- Animal Health Products Segment: Continued to post good results due to higher volume and better product mix.
- Oilseed Segment: Performed well through higher volume and better cost optimization measures.
Business Segments and Activities
Venky's operates through three distinct business segments:
1. Poultry and Poultry Products:
- Production and sale of day-old broiler chicks through breeder operations
- Production and sale of day-old layer chicks
- Processing of broiler birds at Kamshet, Pune plant producing whole chicken, portions in fresh and frozen form under "Venky's" brand
- Company-owned "Venky's Xprs" take-away joints
- Franchisee-operated "Chicken Xperience" outlets
- Production of Specific Pathogen Free (SPF) Eggs - Venky's is the 4th largest producer globally
2. Animal Health Products:
- Manufacture of medicines and poultry feed supplements with over 35 unique products
- Products manufactured in powder and liquid forms at a plant near Pune
3. Oilseed:
- Processing of soya through three plants in Maharashtra (Solapur, Nanded, Srirampur) with total capacity of 5,40,000 MT per annum
- Edible oil sold in bulk to traders; de-oiled cake used in poultry feed for captive consumption and sale
Diversification Strategy and FY2026 Performance
The company's diversification into non-volatile manufacturing activities has been successful, contributing approximately 60% (₹2,235 crores) of the total sales turnover for the financial year ended March 31, 2026. These activities include:
- a) Soya processing
- b) Hi-tech research-based production of SPF eggs (supplied to vaccine manufacturers)
- c) Animal Health Products
- d) Processed chicken products
- e) Poultry Feed
The remaining 40% of sales (₹1,492 crores) came from sale of broiler day-old chicks, layer day-old chicks, broiler hatching eggs, and grown-up broiler birds.
Risk Management - Bird Flu
The document addresses bird flu (avian influenza) concerns, noting that it is a common phenomenon worldwide typically occurring in winter months through migratory birds. Venky's emphasized that its operations are well-diversified across 11 states in India, which minimizes the impact of any localized bird flu outbreaks. The company maintains high standards of bio-security, disinfection, cleaning, and preventive vaccination programs. Any disturbance in movement of poultry products or price movements is expected to be temporary, as historically observed over the last 20 years.
Operational Presence
Venky's has extensive operations across multiple states including Haryana, Punjab, Madhya Pradesh, Himachal Pradesh, Jammu and Kashmir, Bihar, and Rajasthan. The operations include breeder farms, hatcheries, feed mills, commercial farms, and processing plants.
Financial Highlights (5-Year Overview)
The document provides 5-year financial highlights showing:
- Turnover & Other Income ranging from ₹335,117 crores to ₹443,658 crores across the period
- Profit After Tax showing variability with ₹13,925 crores in most recent period
- Consistent dividend of ₹10.00 per equity share in recent years
- Total Assets ranging from ₹130,589 crores to ₹167,006 crores
- Book Value per share ranging from ₹887.00 to ₹1,133.00
Borrowing Position (As of March 31, 2026)
- Long Term Borrowings: ₹9.50 crores
- Short Term Borrowings: ₹153.27 crores
- Total Borrowings: ₹162.77 crores
The borrowing position shows a decreasing trend from ₹191.89 crores in FY2022 to ₹162.77 crores in FY2026.
Shareholding Pattern (As of March 31, 2026)
- Promoters and Promoter Group: 56.11% (79,03,966 shares)
- Foreign Portfolio Investors: 1.14% (1,60,046 shares)
- Body Corporate: 5.06% (7,13,280 shares)
- Non Resident Indian: 1.26% (1,77,034 shares)
- Other - Public: 36.41% (51,31,841 shares)
- Total: 100% (1,40,87,336 shares)
Processed Food Products
Venky's supplies to major QSRs and international chains including Kentucky Fried Chicken (KFC), Pizza Hut, Tacobell, TGI Friday, Brinkers, Vista Foods, Burger King, and McDonalds. The company also supplies to B2B and B2C retail chains such as Walmart, Metro Cash and Carry, Star Bazar, ABRL More, and Future Retail.
Product range includes:
- Raw Products: Whole chicken, Precut chicken, Portions, Boneless, Curry pieces, Kheema, Drumsticks and Wings
- Breaded Products: Nuggets, Cutlets, Fingers, Burger, Popcorn, Chicken & Cheese nuggets, Cordon Bleu nuggets and Spicy Fingers
- Chicken-In-Minutes Products: Samosa, Sheek Kabab, Meat balls, Hariyali Kabab, Crispy Burger Patty and Schezwan Meat Balls
- Cold Cuts: Sausages, Salami, Salami slices and Chicken Franks, Vienna Sausages, Chicken Cheese & Onion sausages, Chicken Cocktail sausages, Breakfast sausages, Hot Dog, Mexican Salami, Spicy Salami and Masala Hit Sausages
- Completely Cooked Ready-to-Eat: Butter chicken, Pre-spiced Kheema, Murg Masala, Mom's Chicken Biryani, Mughali Chicken Biryani, Garlic Pepper Grilled Chicken and Tandoori Grilled Chicken