Avanti Feeds Ltd

Avanti Feeds is engaged in the business of exporting Shrimp. AFL, AFFPL and SEIPL are hereinafter referred to as the Group.(Source : 201903 Annual Report Page No:171)

  • Market Cap: 6,535 Cr.
  • Current Price: 479.50
  • 52 weeks High / Low 770.00 / 250.00
  • Book Value: 103.03
  • Stock P/E: 16.30
  • Dividend Yield: 1.06 %
  • ROCE: 36.64 %
  • ROE: 29.07 %
  • Sales Growth (3Yrs): 16.31 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 1.00
Edit ratios
Pros:
Company has reduced debt.
Company is virtually debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 34.80%
Company has been maintaining a healthy dividend payout of 17.39%
Cons:

Peer comparison Sector: Miscellaneous // Industry: Food - Processing - Indian

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Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
854 706 834 1,040 755 835 858 1,093 1,064 923 1,035 955
667 553 717 909 682 726 764 957 935 859 910 826
Operating Profit 187 153 117 132 72 110 93 137 129 63 125 129
OPM % 22% 22% 14% 13% 10% 13% 11% 13% 12% 7% 12% 14%
Other Income 11 16 15 14 12 14 19 18 22 20 12 28
Interest 1 1 0 0 1 1 1 0 0 1 1 0
Depreciation 5 7 8 9 9 9 9 9 10 9 10 9
Profit before tax 191 161 124 137 75 114 103 145 141 73 126 147
Tax % 34% 35% 31% 34% 26% 25% 26% 30% 9% 19% 22% 21%
Net Profit 116 101 83 86 46 74 68 93 119 48 87 104
EPS in Rs 8.54 7.68 6.09 6.29 3.41 5.40 4.99 6.82 8.71 3.51 6.38 7.64
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

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 2,616 3,393 3,488 4,115 3,977
72 97 195 338 576 982 1,526 1,705 2,284 2,709 3,078 3,659 3,531
Operating Profit -4 -7 9 45 50 111 182 230 332 684 410 456 446
OPM % -6% -8% 4% 12% 8% 10% 11% 12% 13% 20% 12% 11% 11%
Other Income 4 11 4 3 3 4 9 21 23 49 59 71 80
Interest 7 3 5 4 4 4 3 3 5 5 5 4 2
Depreciation 3 3 3 4 5 6 9 10 14 24 36 38 38
Profit before tax -10 -2 5 40 44 105 180 238 337 704 428 485 487
Tax % 30% 47% 33% 30% 32% 34% 35% 33% 33% 34% 28% 20%
Net Profit -7 -1 3 28 30 70 116 158 216 446 274 346 358
EPS in Rs 0.00 0.00 0.27 2.26 2.14 5.01 8.15 11.19 15.84 32.78 20.08 25.43 26.24
Dividend Payout % 0% 0% 24% 19% 20% 19% 22% 20% 19% 12% 20% 20%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:46.58%
5 Years:19.22%
3 Years:16.31%
TTM:12.32%
Compounded Profit Growth
10 Years:78.38%
5 Years:26.90%
3 Years:18.94%
TTM:26.02%
Stock Price CAGR
10 Years:72.80%
5 Years:19.51%
3 Years:-9.70%
1 Year:27.19%
Return on Equity
10 Years:36.92%
5 Years:36.61%
3 Years:34.80%
Last Year:29.07%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Corp Actions
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
8 8 8 9 9 9 9 9 9 9 14 14
Reserves 60 59 62 86 116 170 256 414 626 1,022 1,192 1,390
Borrowings 38 34 54 50 61 56 58 11 19 7 9 2
12 14 26 39 62 163 154 189 414 488 400 475
Total Liabilities 118 115 150 183 248 398 478 623 1,069 1,526 1,615 1,880
30 28 27 43 51 78 90 104 160 312 293 271
CWIP 0 0 11 2 2 5 0 42 94 2 9 26
Investments 28 31 34 45 35 40 111 33 360 584 630 680
61 55 78 93 161 276 277 444 454 628 683 903
Total Assets 118 115 150 183 248 398 478 623 1,069 1,526 1,615 1,880

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

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 89 122 278 281 184 125
1 -2 -18 -17 5 -39 -84 18 -408 -269 -27 -26
-5 -7 19 -14 1 -13 -12 -74 101 -45 -106 -141
Net Cash Flow 5 -6 -6 19 -14 4 -6 66 -30 -34 51 -42

Ratios Consolidated Figures in Rs. Crores / View Standalone

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% 33% 29% 52% 65% 62% 63% 83% 36% 37%
Debtor Days 85 36 41 15 23 15 7 7 3 5 5 8
Inventory Turnover 2.39 3.37 5.10 7.14 7.41 6.05 6.63 6.13 6.56 5.59 6.17 7.20

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
43.86 43.79 43.78 43.78 43.76 43.76 43.76 43.76 43.72 43.67 43.69 43.69
3.94 3.68 14.14 12.98 13.34 13.83 13.42 13.70 13.93 15.69 17.83 17.28
26.22 26.61 17.06 16.47 16.71 17.55 3.03 2.49 2.85 3.62 2.22 2.98
2.72 2.72 2.72 2.72 2.72 2.72 2.72 2.72 2.72 2.72 2.72 2.72
23.26 23.20 22.29 24.04 23.47 22.14 37.06 37.32 36.78 34.29 33.54 33.33