Avanti Feeds Limited is a leading manufacturer of shrimp feed and processor of shrimps, operating in the aquaculture sector. Established in 1993, the company has developed strong ties with Thai Union Group.

The company reported significant growth in its shrimp processing segment, with a year-on-year increase of 62% in Q2 FY26. This growth was attributed to higher volumes, better pricing, and favorable forex rates.

Avanti Feeds has maintained a dominant market position in India's shrimp feed industry, holding over 50% market share, with an active focus on diversifying and expanding its market reach.

The company has initiated a strategic expansion into pet food, receiving positive market response for its cat and dog food products. This diversification is part of its long-term growth strategy.

Management highlighted the challenges from rising raw material costs and U.S. tariffs on shrimp exports, but remains optimistic with plans to mitigate these through market diversification and cost management.