Avanti Feeds Ltd

Avanti Feeds Ltd

₹ 698 -2.47%
07 Nov - close price
About

Avanti Feeds Ltd. manufactures and sells shrimp feed, and exports processed shrimp.[1]

Key Points

Business Portfolio[1][2]
Avanti Feeds is a leading aquaculture company, specializing in:
a) Shrimp Feed Manufacturing: Supplying high-quality feed to shrimp farmers.
b) Shrimp Processing & Export: Exporting frozen shrimp to global markets.
c) Hatchery Operations: Producing high-quality shrimp larvae.
d) Pet Care: Incorporated in 2023, Avanti Feeds Limited expanded into the pet care industry by establishing Avanti Pet Care Private Limited (APCPL) as a subsidiary. APCPL focuses on manufacturing high-quality pet care products, leveraging Avanti Feeds’ expertise in animal nutrition and feed formulation.

  • Market Cap 9,509 Cr.
  • Current Price 698
  • High / Low 965 / 563
  • Stock P/E 16.6
  • Book Value 188
  • Dividend Yield 1.29 %
  • ROCE 29.3 %
  • ROE 21.9 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 30.4%
  • Company's working capital requirements have reduced from 27.3 days to 13.9 days

Cons

  • The company has delivered a poor sales growth of 6.99% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
1,021 858 856 1,327 1,034 933 997 1,270 1,079 1,045 1,032 1,235 1,157
983 802 760 1,218 970 873 895 1,136 966 903 867 1,047 1,012
Operating Profit 38 56 96 109 64 60 102 134 113 142 166 188 146
OPM % 4% 7% 11% 8% 6% 6% 10% 11% 10% 14% 16% 15% 13%
19 20 19 24 30 25 26 26 38 32 35 43 43
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 5 6 7 8 8 8 8 6 7 7 7 8 8
Profit before tax 52 70 107 125 86 76 119 153 145 167 194 224 180
Tax % 23% 26% 22% 25% 24% 26% 23% 25% 27% 24% 26% 25% 25%
40 52 83 94 66 57 92 115 106 127 144 167 135
EPS in Rs 2.95 3.80 6.10 6.87 4.84 4.17 6.72 8.42 7.81 9.33 10.57 12.26 9.91
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1,093 1,709 1,935 2,231 2,815 2,738 3,163 3,243 4,048 4,041 4,290 4,433 4,470
982 1,530 1,704 1,935 2,204 2,430 2,824 2,880 3,821 3,773 3,955 3,877 3,828
Operating Profit 112 179 232 296 611 308 339 363 227 269 335 555 642
OPM % 10% 10% 12% 13% 22% 11% 11% 11% 6% 7% 8% 13% 14%
4 12 14 16 35 50 61 64 60 63 105 131 153
Interest 4 3 3 4 2 2 2 1 2 2 1 1 1
Depreciation 6 9 9 12 15 20 21 21 21 23 32 26 29
Profit before tax 105 180 233 296 629 336 376 404 264 307 407 659 764
Tax % 34% 35% 33% 34% 34% 33% 24% 24% 25% 24% 24% 25%
70 117 155 196 415 223 286 305 199 233 308 492 573
EPS in Rs 5.13 8.57 11.40 14.42 30.47 16.40 20.99 22.41 14.63 17.09 22.61 36.13 42.07
Dividend Payout % 20% 21% 20% 21% 13% 24% 24% 28% 43% 37% 30% 25%
Compounded Sales Growth
10 Years: 10%
5 Years: 7%
3 Years: 3%
TTM: 4%
Compounded Profit Growth
10 Years: 15%
5 Years: 11%
3 Years: 41%
TTM: 55%
Stock Price CAGR
10 Years: 15%
5 Years: 7%
3 Years: 16%
1 Year: 21%
Return on Equity
10 Years: 22%
5 Years: 16%
3 Years: 17%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 9 9 9 9 9 14 14 14 14 14 14 14 14
Reserves 165 251 406 564 929 1,049 1,186 1,490 1,602 1,750 1,972 2,371 2,551
56 58 10 3 0 0 0 1 2 1 1 0 1
163 154 180 285 330 215 253 265 321 300 317 401 680
Total Liabilities 392 472 606 862 1,268 1,277 1,453 1,769 1,939 2,065 2,303 2,785 3,245
78 90 79 134 171 156 146 157 148 236 258 296 314
CWIP 5 0 35 0 0 8 23 0 23 20 3 11 5
Investments 34 105 112 373 654 698 683 1,192 929 909 700 1,168 2,110
277 278 380 355 442 415 601 419 839 899 1,342 1,310 817
Total Assets 392 472 606 862 1,268 1,277 1,453 1,769 1,939 2,065 2,303 2,785 3,245

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
56 90 174 288 328 124 131 340 -179 288 177 671
-39 -84 -35 -279 -301 -15 13 -314 280 -230 -108 -563
-13 -12 -74 -48 -52 -103 -149 1 -86 -84 -85 -95
Net Cash Flow 4 -6 66 -39 -26 6 -6 27 16 -26 -17 13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 15 7 3 2 2 2 4 2 2 6 3 3
Inventory Days 84 59 54 60 71 37 52 44 73 59 67 51
Days Payable 51 24 32 49 50 26 28 30 26 26 28 35
Cash Conversion Cycle 48 42 24 14 24 13 28 16 49 39 43 19
Working Capital Days 19 15 22 7 14 8 21 12 40 33 36 14
ROCE % 53% 65% 64% 60% 83% 32% 33% 26% 15% 17% 20% 29%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
43.28% 43.28% 43.28% 43.28% 43.28% 43.25% 43.23% 43.23% 43.23% 43.23% 43.23% 43.23%
12.67% 12.71% 13.06% 13.50% 13.47% 14.11% 14.28% 14.40% 14.47% 6.42% 7.59% 6.98%
8.75% 9.54% 9.08% 8.81% 8.64% 7.47% 6.41% 5.82% 5.49% 5.07% 4.00% 4.19%
2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72%
32.57% 31.73% 31.87% 31.70% 31.88% 32.44% 33.36% 33.85% 34.10% 42.58% 42.46% 42.88%
No. of Shareholders 1,15,1761,13,7301,12,3441,09,2951,08,9831,10,9021,21,2681,41,0061,42,1031,36,2661,26,3721,21,964

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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