Avanti Feeds Ltd
Avanti Feeds is a leading provider of high quality shrimp feed, best technical support to the farmer and caters to the quality standards of global shrimp customers.
AFL is the largest shrimp feed producer in India with an installed feed manufacturing capacity of 600,000 tonnes per annum (tpa). The company commands a market share of about 45% in the domestic feed business. The company’s shrimp processing subsidiary, AFFPL, has an installed processing capacity of 22,000 mtpa across two state-of-the-art processing facilities and is one of the leading shrimp exporters in the country.
- Market Cap ₹ 6,758 Cr.
- Current Price ₹ 496
- High / Low ₹ 587 / 370
- Stock P/E 22.1
- Book Value ₹ 101
- Dividend Yield 1.03 %
- ROCE 32.6 %
- ROE 24.7 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.15%
- Company has been maintaining a healthy dividend payout of 20.60%
- Company's median sales growth is 26.20% of last 10 years
Cons
- No cons found. Suggest something.
Peer comparison
Sector: Miscellaneous Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
68 | 90 | 204 | 383 | 626 | 1,093 | 1,709 | 1,935 | 2,231 | 2,815 | 2,738 | 3,163 | 3,117 | |
72 | 97 | 195 | 337 | 575 | 982 | 1,526 | 1,711 | 1,934 | 2,205 | 2,431 | 2,824 | 2,754 | |
Operating Profit | -4 | -7 | 8 | 45 | 52 | 111 | 182 | 224 | 297 | 610 | 308 | 339 | 363 |
OPM % | -6% | -8% | 4% | 12% | 8% | 10% | 11% | 12% | 13% | 22% | 11% | 11% | 12% |
Other Income | 4 | 11 | 4 | 3 | 1 | 4 | 9 | 21 | 14 | 36 | 50 | 61 | 68 |
Interest | 7 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 2 | 2 | 2 | 1 |
Depreciation | 3 | 3 | 3 | 4 | 5 | 6 | 9 | 9 | 12 | 15 | 20 | 21 | 21 |
Profit before tax | -10 | -2 | 5 | 40 | 44 | 105 | 180 | 233 | 296 | 629 | 336 | 376 | 409 |
Tax % | 29% | 47% | 33% | 30% | 32% | 34% | 35% | 33% | 34% | 34% | 33% | 24% | |
Net Profit | -7 | -1 | 3 | 28 | 30 | 70 | 117 | 155 | 196 | 415 | 223 | 286 | 306 |
EPS in Rs | -0.59 | -0.10 | 0.28 | 2.34 | 2.22 | 5.13 | 8.57 | 11.40 | 14.42 | 30.47 | 16.40 | 20.99 | 22.45 |
Dividend Payout % | 0% | 0% | 23% | 19% | 20% | 20% | 21% | 20% | 21% | 13% | 24% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 43% |
5 Years: | 13% |
3 Years: | 12% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 73% |
5 Years: | 20% |
3 Years: | 13% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | 68% |
5 Years: | 27% |
3 Years: | -14% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 34% |
5 Years: | 34% |
3 Years: | 31% |
Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 14 | 14 | 14 | |
Reserves | 62 | 61 | 63 | 87 | 111 | 165 | 251 | 406 | 564 | 929 | 1,049 | 1,186 | 1,362 |
Borrowings | 37 | 33 | 49 | 49 | 60 | 56 | 58 | 10 | 3 | 0 | 0 | 0 | 0 |
12 | 14 | 22 | 39 | 62 | 163 | 154 | 180 | 285 | 330 | 215 | 253 | 324 | |
Total Liabilities | 119 | 116 | 143 | 183 | 242 | 392 | 472 | 606 | 862 | 1,268 | 1,277 | 1,453 | 1,700 |
30 | 28 | 27 | 43 | 51 | 78 | 90 | 79 | 134 | 171 | 156 | 146 | 137 | |
CWIP | 0 | 0 | 0 | 2 | 2 | 5 | 0 | 35 | 0 | 0 | 8 | 23 | 25 |
Investments | 28 | 32 | 39 | 46 | 29 | 34 | 105 | 112 | 373 | 654 | 698 | 662 | 1,223 |
60 | 55 | 77 | 93 | 161 | 277 | 278 | 380 | 355 | 442 | 415 | 622 | 315 | |
Total Assets | 119 | 116 | 143 | 183 | 242 | 392 | 472 | 606 | 862 | 1,268 | 1,277 | 1,453 | 1,700 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 4 | -8 | 50 | -21 | 56 | 90 | 174 | 288 | 328 | 124 | 79 | |
1 | -2 | -7 | -17 | 5 | -39 | -84 | -35 | -279 | -301 | -15 | 65 | |
-5 | -7 | 15 | -14 | 1 | -13 | -12 | -74 | -48 | -52 | -103 | -149 | |
Net Cash Flow | 5 | -6 | 1 | 19 | -14 | 4 | -6 | 66 | -39 | -26 | 6 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | -3% | 1% | 9% | 34% | 30% | 53% | 65% | 64% | 60% | 83% | 32% | 33% |
Debtor Days | 83 | 36 | 41 | 15 | 23 | 15 | 7 | 3 | 2 | 2 | 2 | 4 |
Inventory Turnover | 2.39 | 3.37 | 5.10 | 6.95 | 7.21 | 6.05 | 6.63 | 6.96 | 6.96 | 5.99 | 7.41 | 8.83 |
Documents
Recent announcements
- Shareholding for the Period Ended March 31, 2021 19 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 19 Apr
- For The Half Year Ended 31.03.2021 15 Apr
- Statement Of Investor Complaints For The Quarter Ended March 2021 15 Apr
- Regulation 7(3) For The Half Year Ended 31.03.2021. 15 Apr
View all
Annual reports
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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