Avanti Feeds Ltd
Avanti Feeds Ltd. manufactures and sells shrimp feed, and exports processed shrimp.[1]
- Market Cap ₹ 10,117 Cr.
- Current Price ₹ 743
- High / Low ₹ 965 / 542
- Stock P/E 20.6
- Book Value ₹ 175
- Dividend Yield 0.91 %
- ROCE 30.2 %
- ROE 22.5 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 29.7%
Cons
- The company has delivered a poor sales growth of 6.99% over past five years.
- Working capital days have increased from 54.2 days to 94.5 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,093 | 1,709 | 1,935 | 2,231 | 2,815 | 2,738 | 3,163 | 3,243 | 4,048 | 4,041 | 4,290 | 4,433 | |
982 | 1,530 | 1,704 | 1,935 | 2,204 | 2,430 | 2,824 | 2,880 | 3,821 | 3,773 | 3,955 | 3,878 | |
Operating Profit | 112 | 179 | 232 | 296 | 611 | 308 | 339 | 363 | 227 | 269 | 335 | 555 |
OPM % | 10% | 10% | 12% | 13% | 22% | 11% | 11% | 11% | 6% | 7% | 8% | 13% |
4 | 12 | 14 | 16 | 35 | 50 | 61 | 64 | 60 | 63 | 105 | 131 | |
Interest | 4 | 3 | 3 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 0 |
Depreciation | 6 | 9 | 9 | 12 | 15 | 20 | 21 | 21 | 21 | 23 | 32 | 26 |
Profit before tax | 105 | 180 | 233 | 296 | 629 | 336 | 376 | 404 | 264 | 307 | 407 | 659 |
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 | |
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 |
Dividend Payout % | 20% | 21% | 20% | 21% | 13% | 24% | 24% | 28% | 43% | 37% | 28% | 25% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 3% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 12% |
3 Years: | 42% |
TTM: | 73% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 10% |
3 Years: | 21% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 23% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 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 |
56 | 58 | 10 | 3 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 0 | |
163 | 154 | 180 | 285 | 330 | 215 | 253 | 265 | 321 | 300 | 317 | 401 | |
Total Liabilities | 392 | 472 | 606 | 862 | 1,268 | 1,277 | 1,453 | 1,769 | 1,939 | 2,065 | 2,303 | 2,785 |
78 | 90 | 79 | 134 | 171 | 156 | 146 | 157 | 148 | 236 | 258 | 296 | |
CWIP | 5 | 0 | 35 | 0 | 0 | 8 | 23 | 0 | 23 | 20 | 3 | 11 |
Investments | 34 | 105 | 112 | 373 | 654 | 698 | 683 | 1,192 | 929 | 909 | 700 | 1,168 |
277 | 278 | 380 | 355 | 442 | 415 | 601 | 419 | 839 | 899 | 1,342 | 1,310 | |
Total Assets | 392 | 472 | 606 | 862 | 1,268 | 1,277 | 1,453 | 1,769 | 1,939 | 2,065 | 2,303 | 2,785 |
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 | 33 | 26 | 23 | 7 | 14 | 8 | 21 | 12 | 40 | 33 | 36 | 94 |
ROCE % | 53% | 65% | 64% | 60% | 83% | 32% | 33% | 26% | 15% | 17% | 20% | 30% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Avanti Feeds schedules Q4 & FY25 earnings call on June 7, 2025 at 4 PM IST.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Avanti Feeds schedules Q4 & FY25 earnings call on June 7, 2025 at 4 PM IST.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Transfer of Equity Shares to Investor Education and Protection Fund (IEPF) during the Year 2025-26.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Of Newspaper publication - Audited Financials Results for Quarter and Year ended March 31, 2025
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General Update
29 May - Avanti Feeds reports audited FY25 consolidated profit Rs 737.49 Cr, recommends Rs 9/share dividend.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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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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Concalls
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Nov 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jul 2021Transcript PPT
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Mar 2021TranscriptPPT
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Dec 2020Transcript PPT
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Sep 2020Transcript PPT
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Aug 2020TranscriptPPT
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Apr 2020TranscriptNotesPPT
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Mar 2020Transcript PPT
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Nov 2019TranscriptPPT
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Aug 2019Transcript PPT
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Jul 2019TranscriptPPT
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Dec 2018TranscriptPPT
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Sep 2018TranscriptPPT
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Aug 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Jun 2018Transcript PPT
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Mar 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Dec 2017TranscriptPPT
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Sep 2017TranscriptPPT
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May 2017Transcript PPT
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Feb 2017Transcript PPT
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.