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Avanti Feeds Ltd

(AVANTIFEED)

₹622.352.3%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Avanti Feeds Ltd Analyst Rating

based on 3 analysts

BUY

66.67%

Buy

0.00%

Hold

33.33%

Sell

Based on 3 analysts offering long term price targets for Avanti Feeds Ltd. An average target of ₹690.33

Source: S&P Global Market Intelligence

Avanti Feeds Ltd Share analysis

Avanti Feeds Ltd price forecast by 3 analysts

Upside of8.37%

High

₹795

Target

₹690.33

Low

₹566

Avanti Feeds Ltd target price ₹690.33, a slight upside of 8.37% compared to current price of ₹622.35. According to 3 analysts rating.

Source: S&P Global Market Intelligence

Avanti Feeds Ltd Performance

  • Day's Low

    Day's High

    ₹613
    Day's Price Range
    ₹651.7
  • 52 Week's Low

    52 Week's High

    ₹395.45
    52-Week Price Range
    ₹793
1 Month Return+ 7.25 %
3 Month Return-5.32 %
1 Year Return+ 59.03 %
Previous Close₹637.00
Open₹638.70
Volume3.63L
Upper Circuit-
Lower Circuit-
Market Cap₹8,682.25Cr

Avanti Feeds Ltd Key Statistics

P/E Ratio20.74
PEG Ratio3.45
Market Cap₹8,682.25 Cr
P/B Ratio3.32
EPS28.9
Dividend Yield1.29
SectorFMCG
ROE16.44

Avanti Feeds Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹8,682.25 Cr1.82%0.50₹393 Cr₹5,368 Cr
SELL₹29,464.43 Cr66.29%0.54₹883 Cr₹4,455 Cr
BUY₹14,078.78 Cr31.73%0.55₹369 Cr₹2,756 Cr
BUY₹10,236.92 Cr60.46%0.71₹250 Cr₹2,653 Cr
BUY₹5,849.43 Cr58.21%0.54₹345 Cr₹4,926 Cr

About Avanti Feeds Ltd

Leading aquaculture manufacturer, Avanti Feeds Ltd. (AFL) commenced commercial operations in 1993, and has since shifted into a leading shrimp feed manufacturer. To strengthen its capabilities, they have a strong technical and marketing tieup with the THAI UNION Group of Thailand. AFL has two subsidiaries operating in India, one for exporting shrimps and the other for imports. Their 3.2 MW Wind Mill Project in Chitradurg Karnataka State and other investments have generated more than 1000 crore rupees in revenue. It has achieved a production capacity of 20000 MT and and a manufacturing capacity of 10000 MT in 1998-99.

Furthermore, the company has acquired 25.88 % stake in Patikari Power Private Limited Himachal Pradesh and 49.99% stake in Srivathsa Power Projects Pvt. Ltd. in 2014-15.It reportedly crossed 1000 crores turnover mark and closed the year with turnover of Rs. 1131.61 crores.

The company has entered into a technical and marketing collaboration agreement with M/s Thai Union Feed Mill Co. Limited of Thailand and set up a new 50000 MT per annum Shrimp Manufacturing Facility at the existing plant in Kovvur (West Godavari Dist., Andhra Pradesh). They reported 341660 MT sales of shrimp feed during 2016-17, recording an increase of 35 in volume and Shrimp Processing & Export Division registered an export of 5155 MT in 2017-18, representing an increase of 18%.

AFFPL issued 4006667 shares to Thai Union Group PCL TUG of Thailand and the new Feed Plant at Bandapuram West Godavari District (Andhra Pradesh), commenced production from August 2016. It also subdivided one equity share of Rs.10/ each into five equity shares of Rs.2/ each. AFFPL completed the implementation of a 15000 MTA capacity Shrimp Processing Plant at Yerravaram (East Godavari District) with a Capital Expenditure of Rs. 12159.38 Lakhs and started operations from 31 August 2017. The power generated from Four Windmills of the company located in Karnataka was sold to Karnataka Power Transmission Corporation Limited (KPTCL). The company expanded its Hatchery division with a capacity of 600 million in 2020-21.

Share Price: ₹622.35 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹8,682.25Cr as of today
Revenue: ₹1,355.09Cr as on September 2024 (Q3 24)
Net Profit: ₹121.48Cr as on September 2024 (Q3 24)
Listing date: 08 Jan, 2010
Chairperson Name: A Indra Kumar
OrganisationAvanti Feeds Ltd
HeadquartersHyderabad
IndustryFMCG
E-voting on sharesClick here to vote

Key events for Avanti Feeds Ltd

  • Avanti Feeds Shares Surge on Positive Market Outlook - 16 Dec, 2024

    On December 16, 2024, Avanti Feeds shares rose 5-6% amid expectations of increased global market share for Indian shrimp exporters. A Crisil report forecasts 8-10% revenue growth for shrimp exporters in FY25, with Avanti projecting a 20% rise in shrimp exports. Favorable climatic conditions are expected to boost feed consumption in Q3FY25.
  • Avanti Feeds Reports Strong Q3 Growth - 21 Nov, 2024

    Avanti Feeds reported standalone net sales of Rs 1,079.47 crore for September 2024, up 4.41% YoY. Net profit surged 61.41% to Rs 106.46 crore, while EBITDA rose 60.36% to Rs 151.62 crore. EPS increased to Rs 7.81 from Rs 4.84 YoY. The stock has delivered 14.57% returns over the last 6 months and 57.49% over the last year.
  • Avanti Feeds Reports Strong Q2 Results, Shares Surge - 18 Nov, 2024

    Avanti Feeds Ltd experienced a 7% share price increase on November 18, 2024, following robust Q2 FY25 results, with net income up 53% and EBITDA up 44%. The company reported strong revenue growth and improved profit margins, reflecting operational efficiency. Despite a slight miss on EPS expectations, investor confidence appears renewed.

Insights on Avanti Feeds Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, AVANTIFEED stock has moved up by 2.3%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.35% to 33.84% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, AVANTIFEED has outperformed top 5 stocks with highest market-cap in Fishing & Farming

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 14.28% to 14.40% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Kaveri Seed Company Ltd has given 75.1% return, outperforming this stock by 60.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 43.23% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.69% to 4.96% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.54K Cr → 1.39K Cr (in ₹), with an average decrease of 9.3% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 128.19 Cr → 113.65 Cr (in ₹), with an average decrease of 11.3% per quarter

Avanti Feeds Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,278.49Cr (-)₹1,253.23Cr (↓1.98%)₹1,283.51Cr (↑2.42%)₹1,506.27Cr (↑17.36%)₹1,355.09Cr (↓10.04%)
Net Income₹82.74Cr (-)₹83.31Cr (↑0.69%)₹112.60Cr (↑35.16%)₹137.57Cr (↑22.18%)₹121.48Cr (↓11.70%)
Net Profit Margin6.47% (-)6.65% (↑2.78%)8.77% (↑31.88%)9.13% (↑4.10%)8.96% (↓1.86%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,769.19Cr (-)₹1,939.87Cr (↑9.65%)₹2,065.20Cr (↑6.46%)₹2,303.70Cr (↑11.55%)
Total Liabilities₹265.93Cr (-)₹323.80Cr (↑21.76%)₹301.71Cr (↓6.82%)₹318.45Cr (↑5.55%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹130.51Cr (-)₹339.94Cr (↑160.47%)-₹178.53Cr (↓152.52%)₹288.40Cr (↓261.54%)₹176.81Cr (↓38.69%)

Index Inclusions

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE FMCG Sector

₹20,359.31

-1.13 (-231.65%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Avanti Feeds Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.23%
0.00
Foreign Institutions
14.4%
0.82
Mutual Funds
4.96%
-12.88
Retail Investors
33.84%
1.45
Others
3.58%
3.89

Avanti Feeds Ltd Key Indicators

Details20202021202220232024
Return On Equity %25.2919.8211.0213.7816.44
Details20202021202220232024
Return On Assets %23.8520.3511.4213.4915.5
Details20202021202220232024
Book Value Per Share (₹)103.03129.27139.12153.8173.62
Details20202021202220232024
Earning Per Share (₹)28.3529.171822.9228.9

Avanti Feeds Ltd Valuation

Avanti Feeds Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.87x)

March 23, 2020

Today (20.74x)

December 19, 2024

Industry (60.68x)

December 19, 2024

Highest (41.29x)

January 14, 2022

LowHigh

Avanti Feeds Ltd Earnings and Dividends

  • Avanti Feeds Ltd Earnings Results

    Avanti Feeds Ltd’s net profit jumped 53.11% since last year same period to ₹113.65Cr in the Q2 2024-2025. On a quarterly growth basis, Avanti Feeds Ltd has generated -11.34% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Avanti Feeds Ltd Dividends May,2024

    In the quarter ending March 2024, Avanti Feeds Ltd has declared dividend of ₹6.75 - translating a dividend yield of 2.09%.

    Read More about Dividends

Avanti Feeds Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Avanti Feeds Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Avanti Feeds Ltd (AVANTIFEED) share price today is ₹622.35

Avanti Feeds Ltd is listed on NSE

Avanti Feeds Ltd is listed on BSE

  • Today’s highest price of Avanti Feeds Ltd is ₹651.7.
  • Today’s lowest price of Avanti Feeds Ltd is ₹613.

PE Ratio of Avanti Feeds Ltd is 20.74

PE ratio = Avanti Feeds Ltd Market price per share / Avanti Feeds Ltd Earnings per share

Today’s traded volume of Avanti Feeds Ltd(AVANTIFEED) is 3.63L.

Today’s market capitalisation of Avanti Feeds Ltd(AVANTIFEED) is ₹8682.25Cr.

Avanti Feeds Ltd(AVANTIFEEDPrice
52 Week High
₹793
52 Week Low
₹395.45

Avanti Feeds Ltd(AVANTIFEED) share price is ₹622.35. It is down -21.52% from its 52 Week High price of ₹793

Avanti Feeds Ltd(AVANTIFEED) share price is ₹622.35. It is up 57.38% from its 52 Week Low price of ₹395.45

Avanti Feeds Ltd(AVANTIFEEDReturns
1 Day Returns
-14.65%
1 Month Returns
7.25%
3 Month Returns
-5.32%
1 Year Returns
59.03%