Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Profit & Loss 
Valuation 
Analyst Note 
Balance Sheet 
Cash Flow 
Financial Ratio 
Qtr. Results 
News 
About
Avanti Feeds Ltd (AVANTIFEED)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 512573 NSE: AVANTIFEED Animal Feed | Small Cap | Avanti Feeds Share Price
₹951.65 -5.80 (-0.61%)
As on 29-Jul'26 14:29
Avanti Feeds Ltd (AVANTIFEED)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 512573 NSE: AVANTIFEED Animal Feed | Small Cap | Avanti Feeds Share Price
₹951.65 -5.80 (-0.61%)
As on 29-Jul'26 14:29
Key Metrics
Valuation Multiples
Market Cap
₹13,045 Cr.
Current Price
₹951.7
52-Week Low / High
₹614 / 1,592
TTM EPS
₹44.5
TTM Sales
₹6,066 Cr.
Book Value per Share
₹241.2
P/E Ratio
21.52
In line with its 5-year historical median
Industry PE
21.3
Price to Book (P/B)
3.97
Higher than its 5-year historical median
Price to Sales (P/S)
2.15
Higher than its 5-year historical median
EV/EBITDA
13.13
Higher than its 5-year historical median
Dividend Yield
1.05%
Profitability Efficiency
Return on Equity (ROE)
21.55%
Outperforms industry median
Return on Capital Employed (ROCE)
28.96%
Outperforms industry median
Return on Assets (ROA)
16.51%
Operating Profit Margin
12.4%
Net Profit Margin
10.81%
Gross Profit Margin
13.3%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
8.34%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
17.05%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
17.76%
Asset Quality
Promoter Holding
43.23%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3,272 Cr.
Equity
₹13.6 Cr.
Face Value
₹1
All Time Low / High
₹0.20 / 1592.30
Check Before You Invest
Quality
Locked
Login to view analysis.
Valuation
Locked
Login to view analysis.
Price Trend
Locked
Login to view analysis.
Is Avanti Feeds Ltd a good quality company?
Avanti Feeds Ltd is a good quality company, based on a consistently good multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Avanti Feeds Ltd performance compare with that of its Peers?
Revenue growth of Avanti Feeds Ltd vs industry peers?
Avanti Feeds Ltd revenue CAGR is 8.15%, compared to the industry median CAGR of 8.15%, indicating stable growth and maintaining its market share.
Promoter shareholding and pledge status of Avanti Feeds Ltd?
Promoters hold 43.23% of the Avanti Feeds Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Avanti Feeds Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 16.9% based on the current price.
10 Year X-Ray : Login to view analysis.
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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 majority of the past ten years indicating its past ten year financial track record is very good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 63% | 83.8% | 38.4% | 37.4% | 32.4% | 17.9% | 21.6% | 24.1% | 28.5% | 29% | - |
| Value Creation Index ⓘ | 3.5 | 5.2 | 1.7 | 1.8 | 1.4 | 0.3 | 0.6 | 0.8 | 1.1 | 1.2 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 2,616 | 3,393 | 3,488 | 4,115 | 4,101 | 5,036 | 5,087 | 5,369 | 5,599 | 6,066 | 6,066 |
| Sales YoY Gr. | - | 29.7% | 2.8% | 18% | -0.4% | 22.8% | 1% | 5.5% | 4.3% | 8.3% | - |
| Adj EPS ⓘ | 15.4 | 32.3 | 20.2 | 25.1 | 24.9 | 15.3 | 19.9 | 25.6 | 38 | 44.1 | 44.5 |
| YoY Gr. | - | 109.5% | -37.6% | 24.4% | -0.8% | -38.7% | 30.7% | 28.3% | 48.4% | 16% | - |
| BVPS (₹) ⓘ | 46.6 | 75.7 | 88.5 | 103 | 129.3 | 139.1 | 153.8 | 173.6 | 205.6 | 241.2 | 241.2 |
| Adj Net Profit ⓘ | 210 | 440 | 275 | 342 | 339 | 208 | 272 | 349 | 517 | 600 | 606 |
| Cash Flow from Ops. ⓘ | 278 | 281 | 184 | 178 | 383 | -212 | 451 | 260 | 584 | 505 | - |
| Debt/CF from Ops. ⓘ | 0.1 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 9.8% | 8.2% | 6% | 8.3% | ||||
| Adj EPS ⓘ | 12.4% | 12.1% | 30.3% | 16% | ||||
| BVPSⓘ | 20% | 13.3% | 16.2% | 17.3% | ||||
| Share Price | 16.7% | 8.7% | 33.5% | 37.1% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 39.7 | 52.8 | 24.6 | 26.2 | 21.4 | 11.4 | 13.6 | 15.6 | 20 | 19.7 | 18.4 |
| Op. Profit Mgn % ⓘ | 12.7 | 20.2 | 11.9 | 11.1 | 11.3 | 6.4 | 7.8 | 8.6 | 11.3 | 12.4 | 12.4 |
| Net Profit Mgn % ⓘ | 8.4 | 13.6 | 8.8 | 9.3 | 9.2 | 4.6 | 6 | 7.2 | 9.8 | 10.7 | 10 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 54 | 55 | 58 | 53 | 52 | 57 | 67 | 60 | 66 | 83 | 93 |
| Cash Conv. Cycle ⓘ | 18 | 16 | 25 | 27 | 24 | 31 | 38 | 33 | 35 | 36 | 75 |
Profit And Loss
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,616 | 3,393 | 3,488 | 4,115 | 4,101 | 5,036 | 5,087 | 5,369 | 5,599 | 6,066 |
| Operating Expenses ⓘ + | 2,284 | 2,712 | 3,079 | 3,669 | 3,639 | 4,712 | 4,692 | 4,910 | 4,965 | 5,324 |
| Operating Profit ⓘ | 332 | 681 | 409 | 446 | 462 | 324 | 395 | 459 | 634 | 742 |
| Operating Profit Margin (%) | 12.7% | 20.1% | 11.7% | 10.8% | 11.3% | 6.4% | 7.8% | 8.5% | 11.3% | 12.2% |
| Other Income ⓘ + | 24 | 52 | 54 | 80 | 93 | 82 | 92 | 137 | 165 | 219 |
| Interest ⓘ | 5 | 5 | 5 | 4 | 3 | 4 | 4 | 3 | 4 | 5 |
| Depreciation ⓘ | 14 | 24 | 36 | 38 | 41 | 41 | 43 | 56 | 58 | 63 |
| Profit Before Tax ⓘ | 337 | 705 | 428 | 485 | 510 | 324 | 427 | 537 | 737 | 880 |
| Tax ⓘ | 110 | 238 | 121 | 99 | 112 | 79 | 115 | 143 | 180 | 225 |
| Profit After Tax | 226 | 466 | 307 | 386 | 397 | 245 | 312 | 394 | 557 | 656 |
| PAT Margin (%) | 8.7% | 13.8% | 8.8% | 9.4% | 9.7% | 4.9% | 6.1% | 7.3% | 10.0% | 10.8% |
| Adjusted EPS (₹) | 15.8 | 32.8 | 20.1 | 25.4 | 26.4 | 16.3 | 20.5 | 26.2 | 38.8 | 44.5 |
| Dividend Payout Ratio (%) | 19% | 12.20% | 19.90% | 20.10% | 23.70% | 38.40% | 30.60% | 25.80% | 23.20% | 22.50% |
Valuation of Avanti Feeds - Consolidated
Analyst's Notes
No data found!
Balance Sheet
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 635 | 1,031 | 1,206 | 1,404 | 1,761 | 1,895 | 2,095 | 2,365 | 2,801 | 3,286 | |
| Debt + | 13 | 5 | 8 | 0 | 0 | 0 | 0 | 14 | 13 | 10 | |
| Minority Interest | 98 | 118 | 151 | 191 | 228 | 252 | 281 | 324 | 374 | 422 | |
| Trade Payables | 250 | 287 | 180 | 218 | 239 | 305 | 281 | 321 | 245 | 243 | |
| Others Liabilities ⓘ | 72 | 84 | 70 | 67 | 51 | 62 | 77 | 74 | 250 | 299 | |
| Total Liabilities ⓘ | 1,069 | 1,526 | 1,615 | 1,880 | 2,280 | 2,515 | 2,735 | 3,098 | 3,683 | 4,260 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 160 | 312 | 293 | 271 | 292 | 273 | 398 | 497 | 564 | 592 | |
| CWIP ⓘ | 94 | 2 | 9 | 26 | 6 | 40 | 34 | 9 | 30 | 21 | |
| Investments ⓘ | 360 | 584 | 630 | 680 | 1,235 | 931 | 1,005 | 746 | 873 | 1,262 | |
| Inventories | 356 | 525 | 379 | 544 | 553 | 988 | 803 | 885 | 881 | 940 | |
| Trade Receivables | 23 | 50 | 49 | 89 | 67 | 114 | 122 | 143 | 140 | 144 | |
| Cash Equivalents | 45 | 14 | 187 | 199 | 61 | 75 | 286 | 737 | 899 | 438 | |
| Others Assets ⓘ | 30 | 38 | 68 | 72 | 66 | 95 | 87 | 81 | 296 | 864 | |
| Total Assets ⓘ | 1,069 | 1,526 | 1,615 | 1,880 | 2,280 | 2,515 | 2,735 | 3,098 | 3,683 | 4,260 | |
Cash Flow
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 278 | 281 | 184 | 178 | 383 | -212 | 451 | 260 | 584 | 505 |
| Cash Flow From Investing Activity ⓘ + | -408 | -269 | -27 | -79 | -366 | 299 | -418 | -218 | -485 | -385 |
| Cash Flow From Financing Activity ⓘ + | 101 | -45 | -106 | -141 | 15 | -68 | -65 | -63 | -86 | -104 |
| Net Cash Flow ⓘ | -29 | -34 | 51 | -42 | 31 | 18 | -32 | -21 | 14 | 16 |
Financial Ratio
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 42.86 | 55.97 | 27.41 | 29.6 | 25.11 | 13.41 | 15.65 | 17.66 | 21.56 | 21.55 |
| ROCE (%) | 62.96 | 83.79 | 38.42 | 37.35 | 32.39 | 17.92 | 21.58 | 24.12 | 28.53 | 28.96 |
| Asset Turnover Ratio | 3.09 | 2.62 | 2.22 | 2.36 | 2.34 | 2.51 | 2.3 | 2.2 | 1.99 | 1.81 |
| PAT to CFO Conversion(x) | 1.23 | 0.6 | 0.6 | 0.46 | 0.96 | -0.87 | 1.45 | 0.66 | 1.05 | 0.77 |
| Working Capital Days | ||||||||||
| Receivable Days | 4.10 | 4 | 5.20 | 6.10 | 5.80 | 5.50 | 7.10 | 7.60 | 7.70 | 7.20 |
| Inventory Days | 44.70 | 47.40 | 47.30 | 40.90 | 41.10 | 46.80 | 54.10 | 48.10 | 47.80 | 46.30 |
| Payable Days | 34.60 | 40.60 | 31.10 | 22.20 | 26 | 23.40 | 25.90 | 25.50 | 24.20 | 20.50 |
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Avanti Feeds Ltd FAQs
The current trading price of Avanti Feeds on 29-Jul-2026 14:29 is ₹951.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jul-2026 the market cap of Avanti Feeds stood at ₹13,044.8 Cr
The latest P/E ratio of Avanti Feeds as of 28-Jul-2026 is 24.30.
The latest P/B ratio of Avanti Feeds as of 28-Jul-2026 is 4.66.
The 52-week high of Avanti Feeds is ₹1,592.3 and the 52-week low is ₹614.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Avanti Feeds is ₹4,375 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Avanti Feeds Ltd is a good quality company.
The key valuation ratios of Avanti Feeds Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Avanti Feeds Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Avanti Feeds Ltd
Avanti has started its commercial operations in 1993 under the able leadership of Late Sri Alluri Venkateswara Rao in technical collaboration with Pingtai Enterpries, Taiwan. Later his son Sri Alluri Indra Kumar expanded the capacity and enhanced technical and marketing capabilities by bringing on board Thai Union Frozen Products PCL., Thailand, the world's largest seafood manufacturers and also having Feed Mill and Prawn Hatchery in Thailand. Today, Thai Union is closely associated with Avanti Feeds with equity participation, technical collaboration and marketing tie-up in India.
Business area of the company
Avanti Feeds is the leading manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India. Avanti Feeds Limited has established joint venture with Thai Union Frozen Products PCL., the world’s largest seafood processors and leading manufacturer of prawn and fish feeds in Thailand with integrated facilities from Hatchery to Shrimp & Fish processing and Exports.
Prawn and Fish Feed Manufacturing Units
Avanti has Four Prawn and a Fish Feed Manufacturing Units, certified ISO 9001:2008, in Kovvur, Vemuluru and Bandapuram in West Godavari District, Andhra Pradesh and Pardi in Valsad District, Gujarat, in India. Avanti produces nutritionally well balanced and high quality feed, consistently, catering to the Indian prawn and fish farmers, at their door step.
Shrimp Processing and Exports Unit
The Shrimp Processing and Exports Unit, certified ISO 22000: 2005 is located in Gopalapuram near Ravulapalem, East Godavari District Andhra Pradesh, India and confirms to HACCP, USFDA, EU & BRC Global standards. It is also an ACC Certified for best aquaculture practices.
Products
Prawn Feed
- Profeed
- Titan
- Manamei
- Champ
Scampi Feed
- Classic
- Scampro
Fish Feed
- Mermaid
Awards and recognitions
- 2015-16: Forbes magazine select the company as one of the top companies in Asia Pacific region and awarded ‘Best under a Billion” Company for the Year 2015.
- 2015-16: Fortune India recognized the company as one of the most valuable medium-sized companies in India in the next 500 ranks.
- 2017-2018: Forbes India Leadership Award 2017 received by Sri Alluri Indra Kumar
- 2018-2019: Business Today, Best CEO Award (Small Companies) - February 2019
- 2018-2019: Dun & Bradstreet - Corporate Award 2019 for Best Growth Performance - Food Products held on 29th May 2019
History and milestones
- 1994: Shrimp Feed Manufacturing Unit-I (20,000 TPA capacity) at Kovvur marks its first stride.
- 1999: The Gopalapuram Block Freezing Shrimp Processing and Export Unit (3,000 TPA) takes off.
- 2002: Shrimp Feed Unit-II (22,000 TPA capacity) goes on stream at Vemuluru.
- 2002: Individually Quick-Frozen (IQF) Shrimp Processing Unit comes up at Gopalapuram.
- 2003: The company sign a Technical Collaboration Agreement with Thai Union Feed Mill (P) Ltd, to upgrade and develop feed for L. Vannamei species.
- 2004: Capacities of Unit-I and Unit-II (Kovvur) are enhanced to 60,000 TPA each.
- 2006: Four windmills (3.2 MW capacity) are commissioned in Chitradurga (Karnataka).
- 2009: The company introduced costeffective P. Vannamei shrimp culture, making Indian aquaculture globally competitive.
- 2012: To meet the rising demand in Western India, the company’s third shrimp feed plant (60,000 TPA capacity) comes up at Pardi.
- 2012: Shrimp processing capacity of its Gopalapuram IQF Unit is augmented to 7,000 TPA.
- 2014: Shrimp feed manufacturing Unit-III (70,000 TPA capacity) comes up at Kovvur.
- 2016: The company’s shrimp processing and exports business was divested to AFFPL (subsidiary) to secure global recognition.
- 2017: Commissioned Unit-IV shrimp feed manufacturing plant at Bandapuram with a capacity of 1,75,000 MT per annum.
- 2018: Doubled the feed manufacturing capacity at Unit-IV Bandapuram with a capacity of 1,75,000 MT per annum.
- 2018: AFFPL commissions state-of-the-art shrimp processing and export plant (15000 TPA capacity) at Yerravaram.
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
