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Prices as of 9 Oct 2026 close · Not investment advice

Avanti Feeds Limited

NSE: AVANTIFEEDAnimal Feed

Share price

₹699.10

+0.06% close of 9 Oct 2026

Market cap ₹9,787 CrP/E 18.2

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

68

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹9,787 Cr

P/E ratio

18.2

P/B ratio

2.9

ROCE

24.4%

ROE

18.3%

Dividend yield

1.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1,503.4052-week low ₹644.35

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 11.4% over the past year, and 27.9% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.1% to 10.4% over the last four years.

Whether it grew faster than its sector

It grew 27.9% a year against a sector median of 9.9% — 18.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 18.2× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 13.0×, across 5 companies. It is against its own five-year median of 21.5×, the 16th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.7 times its growth rate, on earnings growth of 28%.

Profit growthPrice per ₹1 profitPer 1% growth
Avanti Feeds Limited — this one28%/yr18.2×₹0.65
Godrej Agrovet Limited23%/yr25.7×₹1.1
Mukka Proteins Limited6%/yr11.3×₹1.9
KSE Limited191%/yr11.4×—
Narmada Agrobase Limited81%/yr23.5×₹0.29
Ajooni Biotech Limited51%/yr13.0×₹0.26

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Animal Feed), it ranks 2 of 6 on returns, 1 of 6 on growth, 1 of 6 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 24.4% on capital, ahead of 67% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1588 crore of cash from the business, spent ₹570 crore on plant and equipment, and returned ₹386 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 74 arrived as cash. Its cash comes back faster than it used to: it went from being waiting 57 days for its cash to waiting 38 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue beat the pre-result forecast, but earnings per share came in well below it.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,900 Cr

Revenue vs last year

+18.3%

Revenue vs last quarter

+29.4%

Net profit

₹116 Cr

Profit vs last year

-37.5%

Profit vs last quarter

-16.3%

Net margin

6.1%

EPS

₹7.58

Earnings call transcript · 27 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹9,787 Cr
Prev close
₹699.10
52w High
₹1,594
52w Low
₹638
Enterprise value
₹8,111 Cr
Beta
1.4
Price CAGR 1y
12.0%
Price CAGR 3y
17.0%
Price CAGR 5y
4.0%
Price CAGR 10y
14.0%

Ratios

Return on assets
15.4%
PEG ratio
0.6
P/E ratio
18.2
P/B ratio
2.9
EV / EBITDA
12.7
Industry P/E
15.5
ROCE
24.4%
ROCE 5y average
20.2%
ROE
18.3%
Debt / Equity
0.0
Interest coverage
177.2
Dividend yield
1.4%
ROE 3y average
18.0%
ROE last year
18.0%

Annual P&L

Annual revenue
₹6,066 Cr
Annual profit
₹657 Cr
Operating margin
12.0%
Net profit margin
10.8%
EBITDA margin
12.4%
Sales growth 3y
6.0%
Sales growth 5y
8.1%
Profit growth 3y
28.0%
Profit growth 5y
12.0%
EPS
₹44.5
Sales growth TTM
11.0%
Profit growth TTM
-7.0%
Dividend payout
22.0%

Quarter P&L

Sales latest quarter
₹1,900 Cr
Profit latest quarter
₹116 Cr
YoY quarterly sales growth
18.3%
YoY quarterly profit growth
-37.6%
OPM latest quarter
5.6%

Balance Sheet

Book Value
₹235
Face Value
₹1.0
Total debt
₹13 Cr
Total cash
₹438 Cr
Borrowings
₹13 Cr
Reserves / Equity
233.7

Cash Flow

Operating cash flow
₹505 Cr
Free cash flow
₹427 Cr
FCF yield
4.3%
Net cash flow
₹16 Cr

Shareholding

Promoter holding
43.2%
FII holding
7.2%
DII holding
7.3%
Public holding
39.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Godrej Agrovet639.6026.212,3121.72128.3-16.22,855.29.219.2
Avanti Feeds722.3018.39,8441.38116.3-42.01,899.918.324.4
Mukka Proteins26.9411.88120.0018.61142.8489.7186.711.6
KSE176.8412.45697.070.9-98.4453.79.133.5
Shivam Chemicals145.0541.22460.004.2163.9152.617.616.6
Mayank Cattle Fo101.0018.11090.003.518.3217.82.915.8
Narmada Agrobase11.3523.9860.000.8-26.522.3100.98.9
Median160.9418.26910.6911.41.1471.713.417.9

Competes with: Ajooni Biotech Limited, Godrej Agrovet Limited, KSE Limited, Mukka Proteins Limited, Narmada Agrobase Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5541,2781,2531,2841,5061,3551,3661,3821,6061,6091,3841,4681,900
Expenses1,4161,1851,1571,1541,3461,2191,2051,2051,3921,4161,2081,3031,794
Material Cost1,0651,1101,1079981,1421,541
Change in Inventories-405558-97-4334
Purchases of Stock-in-Trade0.210.942.041.471.212.04
Employee Cost677471657970
Other Expenses116153178240124147
Operating Profit1389497130160136160177214193176165106
OPM %8.857.357.701011101213131213115.57
Other Income33343436354239505150633566
Exceptional items (within Other Income)0000-130
Interest0001111110110
Depreciation13141414141515151616161514
Profit before tax157113116151180162184211249227222184157
Tax %27272825232523262526262426
Net Profit1158383113138121141157186169163139116
EPS in Rs7.815.455.327.649.418.349.92111311119.187.58
Diluted EPS in Rs111311119.197.58

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,7091,9352,6163,3933,4884,1154,1015,0365,0875,3695,5996,0666,360
Expenses1,5261,7042,2842,7083,0783,6593,6394,7224,6924,9094,9655,3165,720
Material Cost4,4314,358
Change in Inventories-168-28
Purchases of Stock-in-Trade0.525.10
Employee Cost251289
Other Expenses464694
Operating Profit182231332684410456461314395460634750640
OPM %11121320121111689111210
Other Income92023495971935479136166199214
Exceptional items (within Other Income)0-13
Interest3355543443453
Depreciation9101424363841414356586361
Profit before tax180238337704428485510324427537737882789
Tax %353333342820222427272425
Net Profit116158226466307386397245312394557657587
EPS in Rs8.52121633202526162026394439
Diluted EPS in Rs3944
Dividend Payout %222019122020243831262322

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
12%
5 years
8%
3 years
6%
TTM
11%

Compounded profit growth

10 years
14%
5 years
12%
3 years
28%
TTM
-7%

Stock price CAGR

10 years
14%
5 years
4%
3 years
17%
1 year
12%

Return on equity

10 years
20%
5 years
16%
3 years
18%
Last year
18%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital99991414141414141414
Reserves2564146261,0221,1921,3901,7481,8822,0822,3522,7873,272
Borrowings581119792443171513
Other Liabilities154189414488400475517617636716867961
Minority Interest374422
Total Liabilities4786231,0691,5261,6151,8802,2822,5162,7353,0983,6834,260
Fixed Assets90104160312293271292273398497564592
CWIP0429429266403493021
Investments111333605846306801,2359311,0057468731,262
Other Assets2774444546286839037491,2721,2981,8472,2162,386
Total Assets4786231,0691,5261,6151,8802,2822,5162,7353,0983,6834,260

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity89122278281184178383-212451260584505
Cash from Investing Activity-8418-408-269-27-79-366299-418-218-485-385
Cash from Financing Activity-12-74101-45-106-14115-68-65-63-86-104
Net Cash Flow-666-30-3451-423118-32-211416
Free Cash Flow7356187201160144340-267292129437427

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7735586891099
Inventory Days596863795161638571757579
Days Payable243444432424272625272120
Cash Conversion Cycle424122413244426755576467
Working Capital Days152815292536345745483938
ROCE %656257743332261518202424

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters434343434343434343434343
FIIs1413141414146.427.596.987.987.637.19
DIIs8.818.647.476.415.825.495.0744.194.166.827.35
Government2.722.722.722.722.722.722.722.722.722.722.722.72
Public323232333434434243424040
No. of Shareholders1,09,2951,08,9831,10,9021,21,2681,41,0061,42,1031,36,2661,26,3721,21,9641,21,4321,16,7981,22,500

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +8.5% (₹644.35 → ₹699.10)Brick size ₹24.16 (fixed)Bricks 124
₹1,000₹1,250₹1,500₹699Nov '25Feb '26Apr '26Jun '26Aug '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹699.10 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-1,677inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,11,17,083inr

2026-03-31

News

News and filings about Avanti Feeds Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Fish meal
  • Soya bean meal (Soya DOC / de-oiled cake)
  • Squid liver powder
  • Wheat flour

Depends on the price of

  • Seafood
  • wheat

Buys from

  • Mukka Proteins Limited · fish meal and fish oil for aqua feed; Rs 31.77 cr purchase order Mar-2025 + Rs 152.5 mn fi…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Fast Moving Consumer Goods
Industry
Animal Feed
Classification
Fast Moving Consumer Goods › Animal Feed
ISIN
INE871C01038

Business segments

  • Shrimp Feed · 72%
  • Processed Shrimp · 28%
  • Shrimp Hatchery · 0%
  • Discontinued operation · 0%

Plants

  • Bandapuram shrimp feed plant
  • Gopalapuram shrimp processing and export unit (Avanti Frozen Foods)
  • Kovvur shrimp feed plant
  • Krishnapuram shrimp processing plant (Avanti Frozen Foods)
  • Pardi shrimp feed plant
  • Shrimp Hatchery Division
  • Vemuluru shrimp feed plant
  • Yerravaram shrimp processing plant (Avanti Frozen Foods)

News impact

Big market events that reach Avanti Feeds Limited, and how the effect spreads.

Who it hits first

  • Textile exporters: Gokaldas, KPR Mill, Arvind, Trident gain on refund claims
  • Shrimp exporters: Avanti Feeds, Apex Frozen gain

Who may gain

  • Broad Indian export-to-US ecosystem

Along the supply chain

Downstream

US retailers (Walmart, Target) see stable sourcing

Upstream

Cotton, seafood suppliers see demand visibility improve

Where demand moves

Business

Lower effective tariff → Indian exports compete better vs SE Asian peers

Capital

Fresh foreign + domestic flow into exporters with US exposure

How it spreads across sectors

Seafood

+3 to +7%

Textiles

+2 to +5%

When it plays out

Immediate

Textile/shrimp exporters rally 3-7%

Medium term

US tariff architecture re-negotiation is next milestone

Short term

Refund claim clarity drives stock selectivity

Who it hits first

  • AVANTIFEED, APEX rally 15% on shrimp demand recovery

Who may gain

  • Wider aquaculture: Coastal Corp, Jash Engineering

Along the supply chain

Downstream

US, EU, Japan retail

Upstream

Shrimp farmers in AP, TN

Where demand moves

Business

Global shrimp demand recovering

Capital

Money flows to export plays as rupee softens

How it spreads across sectors

Food Processing

Export-oriented food processing re-rating

When it plays out

Immediate

Stocks +15% intraday

Medium term

If US tariffs ease, sustained rally

Short term

Watch for Q4 results / commentary

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

7 Aug 2026unspecified₹10
7 Aug 2025unspecified₹9
30 Jul 2024unspecified₹6.75
3 Aug 2023unspecified₹6.25
4 Aug 2022unspecified₹6.25
5 Aug 2021unspecified₹6.25
20 Aug 2020unspecified₹0.1
5 Mar 2020interim₹5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.