TCM Ltd Expands Feed Portfolio with New Poultry Unit

1,500 tonnes per month new capacity for poultry feed production in Kerala.
Rs 2.50 crore total investment funded entirely through internal accruals.

Reader Takeaway: TCM Ltd diversifies into poultry feed to drive growth while maintaining a debt-free expansion strategy.

What just happened

TCM Ltd has commenced operations at its new poultry feed manufacturing facility located in Pulinchode, Kanjikode, Palakkad. The company has secured a 10,760 sq ft facility on lease from M/s Better Feeds Pvt Ltd. The new plant adds a production capacity of approximately 1,500 tonnes per month exclusively for poultry feed, marking a strategic entry into this segment.

Why this matters

This expansion diversifies TCM Ltd’s feed division, which previously relied on its cattle feed manufacturing plant at Kalady. By entering the poultry feed market, the company aims to capture evolving market demand and sustain long-term revenue growth. The management has guided for an initial capacity utilization of less than 20% during the first six months as the business establishes its footprint.

Investment and Financing

The company has allocated Rs 2.50 crore for this project, with Rs 0.50 crore directed toward machinery and tools and Rs 1.50 crore earmarked for working capital. Notably, the entire capital expenditure is being met through internal accruals, ensuring the company does not take on additional debt for this expansion.

Context Metrics

Prior to this launch, TCM Ltd’s Cattle Feed division operated at a 1,000 tonnes per month capacity. For the quarter ended June 2026, the company reported 50% capacity utilization at its existing cattle feed plant.

What to track next

Investors should closely watch the production ramp-up at the Palakkad facility. Monitoring the utilization rates as they move beyond the initial 20% mark will be key to gauging the commercial viability and market penetration of the new product line.