Avanti Feeds Ltd.
Snapshot View

633.00 -5.70 ▼-0.9%

05 August 2021, 04:00:00 P.M.
Volume: 14,918

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website http://www.avantifeeds.com
Financial Indicators
Market Cap 8,624.35 Cr.
Earnings per share (EPS) 26.43 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 23.95 Trailing Twelve Months Ending 2021-03
Industry PE 57.81 Trailing Twelve Months Ending 2021-03
Book Value / Share 129.27 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.90 Calculated using Price: 633.00
Dividend Yield 0.99 Period Ending 2021-03
No. of Shares Subscribed 13.62 Cr. 136,245,630 Shares
FaceValue 1
Company Profile

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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.89%
1 Week
+0.91%
1 Month
-3.35%
3 Month
+32.68%
6 Month
+25.86%
1 Year
+32.51%
2 Year
+112.20%
5 Year
+223.54%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 27.60 45.78 52.42 46.36 42.91 55.84 27.39 29.57 25.14
Return on Capital Employed (%) 29.09 51.94 65.27 64.00 63.01 83.66 38.40 37.31 32.42
Return on Assets (%) 13.68 19.32 24.78 28.90 26.79 35.87 19.51 22.08 19.13

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 125 180 265 423 635 1,031 1,206 1,404 1,761
Non Curr. Liab. 16 51 14 11 44 49 38 22 17
Curr. Liab. 118 233 198 189 290 328 220 263 273
Minority Int. 98 118 151 191 228
Equity & Liab. 259 463 478 623 1,069 1,526 1,615 1,880 2,280
Non Curr. Assets 93 155 128 210 300 364 435 365 452
Curr. Assets 166 308 350 411 769 1,162 1,180 1,515 1,828
Misc. Exp. not W/O 0 2
Total Assets 259 463 478 623 1,069 1,526 1,615 1,880 2,280

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 648 1,132 1,781 2,018 2,616 3,393 3,488 4,115 4,101
Other Income 3 4 8 17 24 52 54 80 93
Total Income 651 1,135 1,789 2,035 2,639 3,445 3,542 4,196 4,193
Total Expenditure -596 -1,020 -1,598 -1,787 -2,284 -2,712 -3,079 -3,669 -3,639
PBIDT 54 115 190 248 356 733 463 527 554
Interest -4 -4 -3 -3 -5 -5 -5 -4 -3
Depreciation -5 -6 -9 -10 -14 -24 -36 -38 -41
Taxation -14 -35 -63 -79 -110 -238 -121 -99 -112
Exceptional Items -1 1 4 0 -1 5
PAT 30 70 117 159 227 465 306 386 398

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -21 56 89 122 278 281 184 178 383
Cash Fr. Inv. 5 -39 -84 18 -408 -269 -27 -79 -366
Cash Fr. Finan. 1 -13 -12 -74 101 -45 -106 -141 15
Net Change -14 4 -6 66 -30 -34 51 -42 31
Cash & Cash Eqvt 7 10 4 70 41 7 58 16 47

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 43.76 43.72 43.67 43.69 43.69 43.69 43.69 43.69 43.69
Public 56.24 56.28 56.33 56.31 56.31 56.31 56.31 56.31 56.31
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Board Meeting Intimation for Next Meeting Of Board Of Directors To Be Held On 12 August 2021 - Intimation -Reg.
AVANTI FEEDS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve In pursuance of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are to inform that a Meeting of the Board of Directors of the Company is schedule to be held on Thursday the 12" August 2021 inter alia to consider and approve the standalone and consolidated un-audited financial results for the Quarter ended 30" June 2021.
Kindly take the same on record and acknowledge the receipt.
Sat, 31 Jul 2021
Announcement under Regulation 30 (LODR)-Change in Directorate
Intimation of completion of term as an Independent Directors of the Company.
Mon, 26 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding issue of duplicate share certificates.

Technical Scans View Details

Wed, 04 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
Tue, 03 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
5 SMA Crossing 20 SMA From Below 5 SMA Crossing 20 SMA From Below
CCI Bearish CCI Bearish
Mon, 02 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity

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