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Avanti Feeds Ltd. Stock Analysis

Mid Cap
Evaluated by 3726 users | BSE: 512573 | NSE: AVANTIFEED |
Consumer Food
Avanti Feeds was founded in the year 1993 by renowned industrialist late Alluri Venkateswara Rao, founder chairman and managing director, with a vision to support the aqua farmers and took the industry into the new heights. His son, A Indra Kumar, a young technocrat leading the team,...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Avanti Feeds Ltd. has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 5.16%24.51%20.24%34.25%41.09%40.01%35.86%45.95%20.82%22.11%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2083936481,1321,7812,0182,6163,3933,4884,115
Y-o-Y Gr. Rt.-89.4%64.7%74.6%57.4%13.4%29.6%29.7%2.8%18%
Adjusted EPS (Rs.) 0.222.542.255.088.310.9415.3531.9619.0323.82
Y-o-Y Gr. Rt.-1054.6%-11.4%125.8%63.4%31.8%40.3%108.2%-40.5%25.2%
Book Value per Share (Rs.) 5.797.89.1813.1819.4630.8746.6475.7188.51103.03
Adjusted Net Profit 2.730.530.769.2113149209435259324
Net Op. Cash Flow (Rs. Cr.) -7.750.4-20.655.689.3122278281184125
Debt to Cash Flow from Ops -7.050.98-2.971.010.650.090.070.020.050.01
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Avanti Feeds Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 39.4%18.2%16.3%18%
Adjusted EPS 68.3%23.5%15.8%25.2%
Book Value per Share 37.739.630.216.4
Share Price 58% 19.9% -18.9% 13%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 3.9537.1627.9345.450.8343.3439.5352.2423.1724.87
Operating Profit Margin (%) 3.7512.277.979.8610.2411.4612.720.1711.9311.09
Net Profit Margin (%) 1.37.764.766.056.397.468.4113.398.378.84
Debt to Equity 0.780.530.490.310.220.030.030.010.010
Working Capital Days 107666679615854555853
Cash Conversion Cycle 69434536272818162527
Entity Percentage Holding
Promoters 43.69%
Institutions 23.18%
Non-Institutions 33.13%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Avanti Feeds Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Avanti Feeds Ltd. is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Avanti Feeds Ltd.'s performance infers:

Avanti Feeds Ltd. earnings have grown by 23.5%, whereas share price has appreciated 19.9% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Avanti Feeds Ltd. share prices over the last 10 years. Here is what we found out:

Avanti Feeds Ltd. share price has appreciated 71.7% annually over the past ten years.

Avanti Feeds was founded in the year 1993 by renowned industrialist late Alluri Venkateswara Rao, founder chairman and managing director, with a vision to support the aqua farmers and took the industry into the new heights. His son, A Indra Kumar, a young technocrat leading the team, expanded the empire to new horizons following the footsteps of his father.  

The Blue Revolution characterised by proliferation of aqua farms needed support for their growth. Avanti Feeds

Avanti Feeds was founded in the year 1993 by renowned industrialist late Alluri Venkateswara Rao, founder chairman and managing director, with a vision to support the aqua farmers and took the industry into the new heights. His son, A Indra Kumar, a young technocrat leading the team, expanded the empire to new horizons following the footsteps of his father.  

The Blue Revolution characterised by proliferation of aqua farms needed support for their growth. Avanti Feeds Limited met the requirement of a nascent industry by manufacturing international quality feed for shrimp farming.

Set up in collaboration with one of the world's leading shrimp feed manufacturers, the Pingtai Enterprises Co, Taiwan and joined hands with Thai Union Feed Mill Co, (Formerly Aqua Star) Thailand. The alliance with Thai Union Group will take the industry into new heights in developing feeds and supplements for sustainable aquaculture. Avanti Feeds Produces scientifically formulated and nutritionally balanced water-stable international quality shrimp feed in India. It is also the largest supplier of shrimp feed in the entire coast of India and other countries.

Avanti Feeds established a shrimp processing plant for export of processed shrimps to many countries all over the world in the year 1998. The company got European Union approval and also got the US Green Card. The company is engaged in processing shrimps and packing Pan Frozen as well as IQF. It exports shrimps to USA, Japan, Australia and UK etc.

Products:

• Shrimp Feed • Frozen Shrimps

Services:

• Technical services - Avanti Feeds is providing technical services to the shrimp culture farmers at their ponds through more than 60 qualified well experienced technical officers in all the coastal belt of India.

Divisions:

• Shrimp Feed Division:

It has two feed manufacturing plants, sophisticated and fully computerised Machinery from Taiwan with a capacity of producing 70,000 MT per annum high quality feed using world standard quality raw materials from Chile, Taiwan, Thailand, Brazil, Korea and Japan etc. and supplying at the doorstep of the farmers afresh.

• Aqua Products Export Division:

Processing of black tiger, scampi shrimps with a capacity of 1200 MT. p.a, European Union approved plant, Exporting Pan frozen & IQF shrimps to EU, USA and Japan, HACCP compliant, USFDA 'A' List

• Shrimp Shell Meal:

Manufacturing shrimp shell meals with latest technical know how and imported machinery, having capacity of 1000 M.T per annum.

Awards and achievements:

• Export Performance Awards 2001-2002: First Prize in the Marine & Aquaculture Sector amongst 100% EOUs in Andhra Pradesh & Yanam

• Export Performance Awards 2002-2003: First Prize in the Marine & Aquaculture Sector amongst 100% EOUs in Andhra Pradesh & Yanam

• An ISO 9001-2008 certified company

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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