Avanti Feeds key metrics: profits, debt, 2026

Why Avanti Feeds is in focus

Avanti Feeds Ltd, a mid-cap aquaculture company, has remained on investors’ radar as its reported profits have risen across recent periods, while disclosures and board-meeting updates continue to flow through the exchange. The company operates across shrimp feed and processed shrimp, making it closely linked to aquaculture cycles and export demand. Alongside the core seafood business, Avanti has also flagged steps in adjacent categories, including a pet-care subsidiary. The stock has seen notable price action over time, with multiple data points on recent trading levels and longer-term returns.

Company profile and operating footprint

Avanti Feeds, incorporated in 1993 and headquartered in Hyderabad, is engaged in manufacturing shrimp feed, processing and exporting shrimp, and generating wind power sold to BESCOM. It is described as a prominent manufacturer of prawn and fish feeds and a shrimp processor and exporter in India. The company has formed a joint venture with Thai Union Frozen Products PCL, a seafood processor from Thailand. Avanti’s product and revenue segments for the year ended March 31, 2025 include Shrimps Feed, Shrimps Seed, Power, Export Incentives, Fish Feed, and Other Sales.

Segment mix and geographic exposure (FY24)

Avanti Feeds’ business is divided into two main segments: Shrimp Feed and Processed Shrimp. Shrimp Feed accounted for 80% of total sales in FY24, while Processed Shrimp accounted for 20%. By geography, 81% of sales were in India, 14% in the US, and 5% in other regions. This mix matters because feed demand depends on domestic farm activity, while the processing business links more directly to export markets.

Stock snapshot and market metrics reported

Reported market data shows Avanti Feeds in focus for both valuation and near-term price moves. The stock price is shown at ₹1,417.00 (as on 13 Apr 2026 at 15:47), with a market capitalisation of ₹19,306 crore, P/E ratio of 29.50, and ROCE of 22.90%. Separately, a share-price update notes the stock moved up 0.50% from a previous close of ₹1,335.55, last trading at ₹1,342.20. Another datapoint states the share price was ₹1,340.20 as on 27 Feb 2026 (09:45 AM IST) and mentions a three-year share-price move of 264.58%. A separate FAQ section lists a 52-week high of ₹1,457.40 and a 52-week low of ₹1,404.10.

Profit trend: TTM, FY24 and FY25 datapoints

On profitability, the information provided indicates an improving profit trajectory across periods. Profit is cited at ₹675 crore for TTM, ₹529 crore for March 2025, and ₹357 crore for March 2024. A financial data snapshot for 2024 lists revenue of ₹5,535 crore and profit of ₹357 crore, along with assets of ₹2,718 crore and net worth of ₹2,365 crore. In the FY2024-25 annual-report excerpt, the company also reports standalone revenue of ₹4,563.21 crore, profit before tax of ₹658.14 crore, and net profit of ₹492.30 crore.

Quarterly performance highlights cited (Q3 FY25)

A separate performance note highlights Q3 FY25 results, stating sales grew 9% year-on-year to ₹1,365.77 crore, driven by a 14% year-on-year increase in shrimp feed volumes. EBIT is reported at ₹184.52 crore versus ₹116.30 crore a year earlier, and net profit at ₹140.80 crore with margins at 10.3% (up 366 bps year-on-year). EPS is cited at ₹10 in Q3 FY25 versus ₹5.3 in Q3 FY24. Shrimp feed sales volume is reported at 132,049 MT in Q3 FY25, up 14% year-on-year.

Balance sheet: net debt and cost ratios

The company’s net debt is described as increasing, with latest net debt at -₹679.37 crore as of Sep-25, compared with -₹1,783.93 crore as of Mar-25. The negative sign indicates the company remained in a net-cash position, but the net cash balance narrowed over the period cited. Cost structure details (consolidated financials) state Avanti Feeds spent less than 1% of operating revenues toward interest expenses and 4.47% toward employee cost in the year ending March 31, 2025. These metrics provide context on financing cost intensity and workforce cost share.

Capacity and facilities: feed and processing scale

Operational scale is detailed through installed capacities and unit counts. Avanti Feeds is stated to have 7 shrimp feed processing units and 3 frozen shrimp processing units. Shrimp feed processing capacity is cited at 775,000 tonnes per annum, while frozen shrimp processing capacity is 28,000 tonnes per annum. The annual report text also references “five ISO- and BAP-certified feed manufacturing facilities” as part of the installed base supporting the stated capacity.

Corporate actions and regulatory disclosures (2025-26)

The corporate actions table lists multiple result dates and a dividend item: Q3 FY25-26 results on 11 Feb 2026, Q2 FY25-26 results on 5 Nov 2025, Q1 FY25-26 results on 13 Aug 2025, and a final dividend of ₹9 per share dated 7 Aug 2025. Separately, BSE announcements include a board meeting intimation dated 27 Jan 2026 for 11/02/2026 to consider unaudited financial results for the quarter and nine months ended Dec 31, 2025. The disclosure list also references a “voluntary revision of financial results” for the quarter and nine months ended Dec 31, 2025, and a Regulation 30 disclosure related to investment in Quanta People Solutions Private Limited.

Shareholder notice: physical-share transfer re-lodgement window

A shareholder notice cites a SEBI circular dated January 30, 2026 and announces a “Special Window” from February 05, 2026 to February 04, 2027 for re-lodgement of transfer requests of physical shares. The facility is stated to apply to transfer deeds lodged prior to April 01, 2019 that were rejected, returned, or not attended to due to deficiencies. The notice names KFin Technologies Ltd (Unit: Avanti Feeds Limited) as the Registrar and Transfer Agent and provides an email (einward.ris@kfintech.com) and toll-free number (1-800-309-4001).

Key numbers at a glance

What investors typically track from here

For a company tied to aquaculture and exports, investors often monitor segment performance between shrimp feed and processed shrimp, along with any changes in margins and volumes. The provided data already highlights volume-led growth in shrimp feed in Q3 FY25, alongside margin expansion. Disclosures around board meetings and any voluntary revisions to results can also influence how the market reads reported numbers. And shareholder-process updates like the physical-share re-lodgement window are operational, but important for compliance and investor servicing.

Conclusion

Avanti Feeds’ reported dataset points to rising profits across TTM, FY25 and FY24 measures, while net debt stayed negative but moved closer to zero by Sep-25. The company’s scale in shrimp feed and processing, JV linkage with Thai Union Frozen Products PCL, and a steady cadence of exchange filings keep it in focus. The next confirmed milestone in the information provided is the 11 Feb 2026 board meeting scheduled to consider unaudited results for the quarter and nine months ended Dec 31, 2025.