Avanti Feeds Ltd Share Price

Q: What is the share price of Avanti Feeds Ltd today?

Avanti Feeds Ltd share price as on 22 Jan 2025 is ₹671.45

Food - Processing - Others

NSE: AVANTIFEED Small Cap ISIN: INE871C01038

As on 22 January 2025 at 15:59 IST

₹671.45

+ 25.50

(3.95%)

Sell Buy

About Avanti Feeds Ltd

Avanti Feeds Ltd stands as a prominent force in the aquaculture industry, having established its foundation in the year 1993. Avanti Feeds has developed into a leading manufacturer and exporter of aquaculture products from its headquarters in Hyderabad, India. The company’s core business revolves around three main segments. They are shrimp feed production, fish feed manufacturing, and shrimp processing for export markets. To support these operations, Avanti Feeds maintains multiple manufacturing facilities and processing plants across India. Additionally, the company operates a hatchery that are dedicated to producing premium-quality shrimp seeds. Read More...

Over 1 Month

-1.47%

Over 6 Months

4.80%

Over 1 Year

26.15%

Over 3 Years

5.77%

Avanti Feeds Ltd Summary

Close ₹ 671.45

Open ₹ 643

High ₹ 684

Low ₹ 631

Volume 6,92,047

Net Turnover (in ₹) ₹ 13,38,41,205.60

52Wk High ₹ 793

52Wk Low ₹ 472

52Wk High / Low

472

793

Avanti Feeds Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 8,800.79

EPS (TTM) 27.13

Book Value (BV) 155.18

Div. Yield 0.97 %

P/E (TTM) 23.79

Price/Book Value 4.16

Delivery % 36.08 %

Face Value 1

Key Ratios

PE Ratio 21.42

PB Ratio 3.32

EV to Sales 1.40

PEG Ratio 0.66

ROA 15.48

ROE 16.44

Debt-Equity -

Net Profit Margin 7.18

Operating Profit Margin 10.27

Avanti Feeds Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	5,505.16	5,179	5,117.63	4,193.14	4,185.53
Total Expenses	4,968.52	4,738.58	4,756.75	3,683.03	3,701.08
Profit Before Tax	536.86	426.78	323.89	509.67	484.86
Profit After Tax	393.81	312.25	245.23	397.37	386.29
Operating Profit after Depreciation	537.95	442.44	362.89	511.79	486.43

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	496.99	397.57	272.56	292.43	270.87
Total Non Current Assets	593.47	523.90	487.28	454.69	364.68
Total Current Assets	2,504.72	2,210.75	2,028.92	1,827.53	1,515.27
TOTAL ASSETS	3,098.19	2,734.65	2,516.21	2,282.23	1,879.95
Total Shareholder's Fund	2,365.48	2,095.48	1,895.40	1,761.22	1,403.69

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	262.95	451.18	-212.35	382.62	178.22
Net Cash used in Investing Activities	-223.68	-417.50	298.99	-366.10	-79.06
Net Cash used in Financing Activities	-60.39	-65.45	-68.28	14.63	-141.31

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	4,395.66	4,104.11	4,108.01	3,306.88	3,223.19
Total Expenses	3,988.66	3,797.30	3,843.73	2,902.68	2,846.81
Profit Before Tax	407	306.81	264.28	404.19	376.37
Profit After Tax	308.06	232.84	199.25	305.37	285.98
Operating Profit after Depreciation	407.54	307.55	265.43	404.68	377.59

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	258.49	236.45	148.08	157.30	146.19
Total Non Current Assets	461.68	424.68	409.51	376.82	303.74
Total Current Assets	1,841.81	1,640.24	1,529.90	1,392.37	1,149.25
TOTAL ASSETS	2,303.49	2,064.92	1,939.41	1,769.19	1,452.99
Total Shareholder's Fund	1,985.25	1,763.50	1,616.08	1,503.26	1,199.57

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	176.81	288.40	-178.53	339.94	130.51
Net Cash used in Investing Activities	-107.88	-230.35	280.48	-313.65	13.20
Net Cash used in Financing Activities	-85.43	-84.22	-85.75	1.01	-149.31

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,355.09	1,506.27	1,283.51	1,253.23	1,278.49
Total Expenses	1,219.36	1,346.28	1,153.99	1,156.69	1,184.51
Profit Before Tax	162.43	179.64	150.76	115.71	113.28
Profit After Tax	121.48	137.57	112.60	83.31	82.74
Operating Profit after Depreciation	178	194.68	165.97	130.26	127.74

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,079.47	1,272.87	996.71	932.91	1,033.84
Total Expenses	966.10	1,138.86	895.17	873.22	969.58
Profit Before Tax	144.93	153.34	118.65	76.40	86.50
Profit After Tax	106.46	114.67	91.60	56.85	65.96
Operating Profit after Depreciation	151.62	159.80	127.07	84.90	94.55

Avanti Feeds Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 637.32

S2 628.68

S3 616.37

Pivot 649.63

R1 658.27

R2 670.58

R3 679.22

Moving Average

20 SMA 640.85

50 SMA 620.55

100 SMA 625.24

200 SMA 609.75

Avanti Feeds Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Avanti Feeds Ltd

₹6.75/Share

Announcement Date 30 Jul 2024

Record Date 31 Jul 2024

Div Yield 675%

AGM Date: 12 Aug 2022

To Convene 29th Annual General Meeting (AGM) of the shareholders on Friday, 12th August, 2022, through Video Conferencing ('VC') I Other Audio-Visual Means ('OAVM'), and approved the draft notice of 29th Annual General Meeting and decided that on approval of the declaration of dividend by the members at the 29th Annual General Meeting, the dividend will be paid to the members within the prescribed time. Intimation of date of 29th AGM, Book closure and Record date for e-Voting (As Per BSE Announcement Dated on 15/07/2022) 29th Annual General Meeting of Avanti Feeds Limited will be held on Friday, 12th August, 2022, at 11.00 A.M. (IST), through VC / OAVM Annual Report for the FY 2021-22. (As Per BSE Announcement dated on 19.07.2022) Intimation of 29th AGM Notice and Submission of Annual Report for the FY 2021-22. (As Per BSE Announcement Dated on 20.07.2022) Summary of proceedings of the 29th Annual General Meeting of the members of Avanti Feeds Limited held on August 12, 2022. 29th Annual General Meeting - submission of voting results and consolidated Scrutinizer''s Report. (As per BSE Announcement Dated on 12/08/2022) Avanti Feeds Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 13/08/2022)

AGM Date: 11 Aug 2023

AGM:11.08.2023 Outcome of Board Meeting held on May 24, 2023. (As Per BSE Announcement dated on 24.05.2023) Intimation of 30th Annual General Meeting, Book closure and record date for e voting. Fixes Book closure date from Aug 4, 2023 to Aug 11, 2023 (Both dates inclusive) for 30th AGM. (As per BSE Announcement Dated on 12/07/2023) Newspaper Advertisement - Intimation of 30th Annual General Meeting and Record date for e-Voting and e-Voting Period. (As Per BSE Announcement Dated on 15.07.2023) Intimation of 30th Annual Report for the Financial Year 2022-23 and Notice of AGM. (As Per BSE Announcement dated on 17.07.2023) Proceedings of 30th Annual General Meeting held on 11th August, 2023 (As Per BSE Announcement dated on 11.08.2023)

AGM Date: 06 Aug 2024

Convening the 31st Annual General Meeting for the members of the Company on Tuesday, 6th August, 2024, through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM'). Proceedings of the 31st Annual General Meeting of the Company Voting results and scrutinizers report for the 31st Annual General Meeting. (As per BSE Announcement Dated on 06/08/2024)

Avanti Feeds Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Avanti Feeds Ltd	₹645.45	₹8,793.97
Hindustan Unilever Ltd	₹2,340.40	₹5,49,898.34
Nestle India Ltd	₹2,195.90	₹2,11,719.27
Varun Beverages Ltd	₹541.25	₹1,83,024.23
Godrej Consumer Products Ltd	₹1,160.15	₹1,18,684.26
Britannia Industries Ltd	₹4,904.60	₹1,18,136.26

Avanti Feeds Ltd News

Avanti Feeds gains as Q2 PAT jumps 53% YoY to Rs 114 cr

Avanti Feeds advanced 3.23% to Rs 600.10 after the company reported 53.11% jump in consolidated net profit to Rs 113.65 crore on 5.99% increase in revenue from operations to Rs 1,355.09 crore in Q2 FY25 over Q2 FY24.

18 Nov 2024, 11:39 am

Avanti Feeds announces board meeting date

On 14 November 2024

29 Oct 2024, 03:19 pm

Volumes jump at Avanti Feeds Ltd counter

Avanti Feeds Ltd saw volume of 252.06 lakh shares by 14:14 IST on NSE, a 12.08 fold spurt over two-week average daily volume of 20.86 lakh shares

24 Jul 2024, 02:30 pm

Shrimp stocks in demand after FM announces financing scheme in Budget

Shares of companies engaged in shrimp business advanced after the Union FM, Nirmala Sitharaman announced financing for shrimp farming will be facilitated through National Bank for Agriculture and Rural Development (NABARD).

23 Jul 2024, 11:37 am

Avanti Feeds to announce Quarterly Result

On 5 August 2024

20 Jul 2024, 08:01 pm

Avanti Feeds Ltd Stock Analysis

Annual revenue for Avanti Feeds Ltd increased by 7.10% to ₹4,395.66 crore in FY 2024 from ₹4,104.11 crore in FY 2023.
Annual Net Profit for Avanti Feeds Ltd increased by 32.30% to ₹308.06 crore in FY 2024 from ₹232.84 crore in FY 2023.
Promoter Shareholding in Avanti Feeds Ltd remains unchanged by 0.00% in the most recent quarter, from 43.23% in September 2024 to 43.23% in December 2024.
Avanti Feeds Ltd delivered a 1-year return of 26.15% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Avanti Feeds Ltd share price moved up by 3.95% from its previous close of INR ₹645.95. The latest Avanti Feeds Ltd share price is INR ₹671.45.
Avanti Feeds Ltd share price today has been at a low of 631 and a high of 684. Over the past 52 weeks, the Avanti Feeds Ltd share price has seen a low of 472 and a high of 793.

About Avanti Feeds Ltd

Avanti Feeds Ltd stands as a prominent force in the aquaculture industry, having established its foundation in 1993. Dr. Indra Kumar Alluri is the Chairman and the Managing Director, owning a 6.11% stake in the company. Under this leadership, Avanti Feeds has developed into a leading manufacturer and exporter of aquaculture products from its headquarters in Hyderabad, India.

The company’s core business revolves around three main segments. They are shrimp feed production, fish feed manufacturing, and shrimp processing for export markets. To support these operations, Avanti Feeds maintains multiple manufacturing facilities and processing plants across India. Additionally, the company operates a hatchery dedicated to producing premium-quality shrimp seeds.

Avanti Feeds may not dominate the market in terms of size or capitalization. However, it has carved out a respected position in the industry through its commitment to quality and consistent market presence. The company’s strong reputation is built on its dedication to innovation and sustainable practices in aquaculture.

A notable aspect of Avanti Feeds’ corporate structure is its significant promoter shareholding. It demonstrates the founding group’s long-term commitment and confidence in the company’s future prospects. The primary promoter is Srinivasa Cystine Private Limited, holding 26.64% of the company’s total equity.

The registered office is located near the Ground Floor, "R" Square, Vishakapatnam, Andhra Pradesh. Meanwhile, the registrar’s office is in the Financial District, Hyderabad. Operating from the headquarters, the management team brings extensive experience and expertise to guide the company’s strategic direction.

Throughout its long journey, Avanti Feeds has maintained a strong focus on sustainable aquaculture practices. It has also continuously innovated its approaches to meet evolving market demands. The company’s processing capabilities and hatchery operations have helped establish a solid presence in aquaculture.

The Growth Journey of Avanti Feeds Ltd

Avanti Feeds Ltd. has transformed from a local player into a market leader in the aquaculture industry. This journey is marked by strategic decisions, innovative practices, and a commitment to quality. Let’s explore how Avanti Feeds achieved this remarkable growth.

Avanti Feeds was established in 1993 in Visakhapatnam, Andhra Pradesh. Initially, the company focused on manufacturing shrimp feed for local farmers. The early years were challenging, with limited resources and a small market share. However, the company’s dedication to quality and customer satisfaction laid a strong foundation for future growth.

A significant turning point came in 2009 when Avanti Feeds entered into a strategic partnership with Thai Union Group. It is one of the world’s largest seafood companies. This collaboration provided Avanti Feeds with technical expertise. It gave the company access to advanced manufacturing processes. The partnership also helped Avanti Feeds expand its product range to include feed for the whiteleg shrimp, a variety that grows faster and is more resistant to disease.

With the support of Thai Union Group, Avanti Feeds expanded its operations. The company set up new manufacturing plants in Gujarat and Andhra Pradesh. This increased its production capacity significantly. As a result, it allowed Avanti Feeds to cater to a larger market and meet the growing demand for high-quality shrimp feed.

Innovation has been a key driver of Avanti Feeds’ success. The company invested in research and development to improve the nutritional value of its feed products. By focusing on the health and growth of shrimp, Avanti Feeds ensured that its products delivered superior results for farmers. This commitment to innovation helped the company gain a competitive edge in the market.

Today, Avanti Feeds is a market leader in the shrimp feed industry in India. The company holds a significant market share and is known for its high-quality products. Avanti Feeds’ success can be attributed to its customer-centric approach and continuous innovation.

The company has also diversified its product portfolio to include processed shrimp. Avanti Frozen Foods is a subsidiary of Avanti Feeds that processes and exports shrimp to international markets. This diversification has helped the company mitigate risks and tap into new revenue streams.

Avanti Feeds’ financial performance has been impressive. The company has consistently reported strong revenue growth and profitability. In the fiscal year 2023-24, Avanti Feeds showcased remarkable resilience. It navigated the challenges of a volatile global market with strategic agility and prudent financial management. The company’s focus on cost management and efficiency has ensured steady profitability.

Sustainability is at the core of Avanti Feeds’ business strategy. The company is committed to promoting sustainable aquaculture practices. As a result, Avanti Feeds contributes to the sustainability of the aquaculture industry. The company also focuses on reducing its environmental footprint through efficient manufacturing processes and waste management practices.

Looking ahead, Avanti Feeds is well-positioned for continued growth. The company plans to expand its reach in international markets. It is also looking to explore new opportunities in the aquaculture industry. With a strong foundation and a commitment to innovation, Avanti Feeds is poised to maintain its market leadership.

The growth journey of Avanti Feeds Ltd is a testament to the power of strategic partnerships and a customer-centric approach. From its humble beginnings as a local player, the company emerged as a market leader in the aquaculture industry.