About the Company - Avanti Feeds Ltd
Avanti Feeds Ltd. is a Public Limited Listed company incorporated on 06/01/1993 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L16001AP1993PLC095778 and registration number is 095778. Currently company belongs to the Industry of Animal/Shrimp Feed. Company’s Total Operating Revenue is Rs. 4047.55 Cr. and Equity Capital is Rs. 13.62 Cr. for the Year ended 31/03/2022.
| Management |
|---|
| Name | Position Held |
|---|
| Mr. A Indra Kumar | Chairman & Managing Director |
| Mr. C Ramachandra Rao | Joint Managing Director |
| Mr. A Venkata Sanjeev | Executive Director |
| Mr. N Ram Prasad | Non Executive Director |
| Mr. Bunluesak Sorajjakit | Non Executive Director |
| Mr. G Sudarsan Babu | Nominee Director |
| Mr. N V D S Raju | Independent Director |
| Mrs. K Kiranmayee | Independent Director |
| Mr. J V Ramudu | Independent Director |
| Mr. Peerasak Boonmechote | Non Executive Director |
| Mr. V Narsi Reddy | Independent Director |
Basic Stock Data of Avanti Feeds Ltd
Last Updated: July 6, 2024, 12:22 pm
| Market Cap | 8,318 Cr. |
|---|
| Current Price | 611 |
|---|
| High / Low | 672/384 |
|---|
| Stock P/E | 23.3 |
|---|
| Book Value | 174 |
|---|
| Dividend Yield | 1.02 % |
|---|
| ROCE | 21.2 % |
|---|
| ROE | 16.0 % |
|---|
| Face Value | 1.00 |
|---|
| PEG Ratio | -39.57 |
|---|
Competitors of Avanti Feeds Ltd
| Stock Name | Market Cap | Current Price | High / Low | Stock P/E | Book Value | Dividend Yield | ROCE | ROE | Face Value |
|---|
| Narmada Agrobase Ltd | 33.9 Cr. | 25.0 | 35.0/16.6 | 33.2 | 12.5 | 0.00 % | 8.79 % | 6.22 % | 10.0 |
| Industry Average | 33.90 Cr | 25.00 | | 33.20 | 12.50 | 0.00% | 8.79% | 6.22% | 10.00 |
Avanti Feeds Ltd Quarterly Results
| Month | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|
| Sales | 915 | 1,098 | 1,409 | 1,226 | 1,069 | 1,332 | 1,569 | 1,322 | 1,103 | 1,093 | 1,554 | 1,278 | 1,253 |
| Expenses | 824 | 1,013 | 1,317 | 1,185 | 1,004 | 1,217 | 1,466 | 1,247 | 1,023 | 960 | 1,416 | 1,185 | 1,157 |
| Operating Profit | 92 | 85 | 92 | 41 | 65 | 115 | 103 | 75 | 80 | 134 | 138 | 94 | 97 |
| OPM % | 10% | 8% | 7% | 3% | 6% | 9% | 7% | 6% | 7% | 12% | 9% | 7% | 8% |
| Other Income | 28 | 18 | 17 | 8 | 12 | 16 | 7 | 26 | 28 | 20 | 33 | 34 | 34 |
| Interest | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Depreciation | 12 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 12 | 13 | 14 | 14 |
| Profit before tax | 108 | 93 | 99 | 38 | 66 | 121 | 100 | 90 | 96 | 140 | 157 | 113 | 116 |
| Tax % | 20% | 24% | 22% | 14% | 34% | 24% | 27% | 26% | 27% | 28% | 27% | 27% | 28% |
| Net Profit | 86 | 70 | 76 | 33 | 44 | 92 | 73 | 67 | 71 | 101 | 115 | 83 | 83 |
| EPS in Rs | 5.50 | 5.12 | 5.35 | 1.77 | 2.95 | 6.19 | 4.86 | 4.16 | 4.58 | 6.85 | 7.81 | 5.45 | 5.32 |
Last Updated: June 7, 2024, 8:34 am
Avanti Feeds Ltd Quarterly Chart
Avanti Feeds Ltd Profit & Loss
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|
| Sales | 383 | 626 | 1,093 | 1,709 | 1,935 | 2,616 | 3,393 | 3,488 | 4,115 | 4,101 | 5,036 | 5,087 | 5,028 |
| Expenses | 338 | 575 | 982 | 1,526 | 1,704 | 2,284 | 2,708 | 3,078 | 3,659 | 3,639 | 4,722 | 4,692 | 4,583 |
| Operating Profit | 45 | 52 | 112 | 182 | 231 | 332 | 684 | 410 | 456 | 461 | 314 | 395 | 445 |
| OPM % | 12% | 8% | 10% | 11% | 12% | 13% | 20% | 12% | 11% | 11% | 6% | 8% | 9% |
| Other Income | 3 | 1 | 4 | 9 | 20 | 23 | 49 | 59 | 71 | 93 | 54 | 79 | 114 |
| Interest | 4 | 4 | 4 | 3 | 3 | 5 | 5 | 5 | 4 | 3 | 4 | 4 | 2 |
| Depreciation | 4 | 5 | 6 | 9 | 10 | 14 | 24 | 36 | 38 | 41 | 41 | 43 | 50 |
| Profit before tax | 40 | 44 | 105 | 180 | 238 | 337 | 704 | 428 | 485 | 510 | 324 | 427 | 507 |
| Tax % | 30% | 32% | 34% | 35% | 33% | 33% | 34% | 28% | 20% | 22% | 24% | 27% | |
| Net Profit | 28 | 30 | 70 | 116 | 158 | 226 | 466 | 307 | 386 | 397 | 245 | 312 | 370 |
| EPS in Rs | 2.34 | 2.21 | 5.18 | 8.52 | 11.56 | 15.83 | 32.78 | 20.08 | 25.43 | 26.43 | 16.26 | 20.45 | 24.69 |
| Dividend Payout % | 19% | 20% | 19% | 22% | 20% | 19% | 12% | 20% | 20% | 24% | 38% | 31% | |
Avanti Feeds Ltd Profit & Loss Yearly Chart
Avanti Feeds Ltd Growth
|
| Compounded Sales Growth |
|---|
| 10 Years: | 17% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| TTM: | 6% |
|
| Compounded Profit Growth |
|---|
| 10 Years: | 18% |
| 5 Years: | 7% |
| 3 Years: | 3% |
| TTM: | 33% |
|
| Stock Price CAGR |
|---|
| 10 Years: | 31% |
| 5 Years: | 12% |
| 3 Years: | 3% |
| 1 Year: | 63% |
|
| Return on Equity |
|---|
| 10 Years: | 22% |
| 5 Years: | 17% |
| 3 Years: | 14% |
| Last Year: | 16% |
Last Updated: June 19, 2024, 5:23 pm
Avanti Feeds Ltd Balance Sheet
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|
| Equity Capital | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 86 | 116 | 170 | 256 | 414 | 626 | 1,022 | 1,192 | 1,390 | 1,748 | 1,882 | 2,082 | 2,177 |
| Borrowings | 50 | 61 | 56 | 58 | 11 | 19 | 7 | 9 | 2 | 4 | 4 | 3 | 10 |
| Other Liabilities | 39 | 62 | 163 | 154 | 189 | 414 | 488 | 400 | 475 | 517 | 617 | 636 | 774 |
| Total Liabilities | 183 | 248 | 398 | 478 | 623 | 1,069 | 1,526 | 1,615 | 1,880 | 2,282 | 2,516 | 2,735 | 2,974 |
| Fixed Assets | 43 | 51 | 78 | 90 | 104 | 160 | 312 | 293 | 271 | 292 | 273 | 398 | 428 |
| CWIP | 2 | 2 | 5 | 0 | 42 | 94 | 2 | 9 | 26 | 6 | 40 | 34 | 35 |
| Investments | 45 | 35 | 40 | 111 | 33 | 360 | 584 | 630 | 680 | 1,235 | 931 | 1,005 | 918 |
| Other Assets | 93 | 161 | 276 | 277 | 444 | 454 | 628 | 683 | 903 | 749 | 1,272 | 1,298 | 1,594 |
| Total Assets | 183 | 248 | 398 | 478 | 623 | 1,069 | 1,526 | 1,615 | 1,880 | 2,282 | 2,516 | 2,735 | 2,974 |
Avanti Feeds Ltd Reserves and Borrowings Chart
Avanti Feeds Ltd Cash Flow
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|
| Cash from Operating Activity | 50 | -21 | 56 | 89 | 122 | 278 | 281 | 184 | 178 | 383 | -212 | 451 |
| Cash from Investing Activity | -17 | 5 | -39 | -84 | 18 | -408 | -269 | -27 | -79 | -366 | 299 | -416 |
| Cash from Financing Activity | -14 | 1 | -13 | -12 | -74 | 101 | -45 | -106 | -141 | 15 | -68 | -65 |
| Net Cash Flow | 19 | -14 | 4 | -6 | 66 | -30 | -34 | 51 | -42 | 31 | 18 | -30 |
|
Avanti Feeds Ltd Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|
| Debtor Days | 15 | 23 | 15 | 7 | 7 | 3 | 5 | 5 | 8 | 6 | 8 | 9 |
| Inventory Days | 55 | 71 | 84 | 59 | 68 | 63 | 79 | 51 | 61 | 63 | 85 | 71 |
| Days Payable | 16 | 15 | 51 | 24 | 34 | 44 | 43 | 24 | 24 | 27 | 26 | 25 |
| Cash Conversion Cycle | 54 | 80 | 48 | 42 | 41 | 22 | 41 | 32 | 44 | 42 | 67 | 55 |
| Working Capital Days | 30 | 50 | 33 | 26 | 29 | 15 | 29 | 26 | 36 | 34 | 57 | 46 |
| ROCE % | 33% | 29% | 52% | 65% | 62% | 57% | 74% | 33% | 32% | 26% | 15% | 18% |
Avanti Feeds Ltd Financial Efficiency Indicators Chart
Avanti Feeds Ltd Share Holding Pattern
| Month | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|
| Promoters | 43.69% | 43.68% | 43.68% | 43.68% | 43.68% | 43.28% | 43.28% | 43.28% | 43.28% | 43.28% | 43.28% | 43.25% |
| FIIs | 17.57% | 17.37% | 17.11% | 15.16% | 14.02% | 14.06% | 12.67% | 12.71% | 13.06% | 13.50% | 13.47% | 14.11% |
| DIIs | 4.35% | 5.23% | 6.14% | 8.18% | 8.73% | 8.62% | 8.75% | 9.54% | 9.08% | 8.81% | 8.64% | 7.47% |
| Government | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% |
| Public | 31.66% | 30.99% | 30.34% | 30.26% | 30.85% | 31.33% | 32.57% | 31.73% | 31.87% | 31.70% | 31.88% | 32.44% |
| No. of Shareholders | 1,12,004 | 1,15,868 | 1,07,745 | 1,05,548 | 1,09,089 | 1,05,567 | 1,15,176 | 1,13,730 | 1,12,344 | 1,09,295 | 1,08,983 | 1,10,902 |
Avanti Feeds Ltd Shareholding Pattern Chart
No. of Avanti Feeds Ltd Shareholders
Avanti Feeds Ltd Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|
| Bandhan Sterling Value Fund | 2,630,000 | 1.43 | 103.06 | 873,949 | 2024-07-05 | 200.93% |
| ICICI Prudential Value Discovery Fund | 2,412,027 | 0.27 | 94.52 | 873,949 | 2024-07-05 | 175.99% |
| Bandhan ELSS Tax Saver Fund | 900,000 | 0.65 | 35.27 | 873,949 | 2024-07-05 | 2.98% |
| UTI Small Cap Fund | 873,949 | 0.99 | 34.25 | 873,949 | 2024-07-05 | 0% |
| ICICI Prudential Balanced Advantage Fund | 761,433 | 0.06 | 29.84 | 873,949 | 2024-07-05 | -12.87% |
| Bandhan Multi Cap Fund | 600,000 | 1.41 | 23.51 | 873,949 | 2024-07-05 | -31.35% |
| Aditya Birla Sun Life Small Cap Fund | 513,311 | 0.4 | 20.11 | 873,949 | 2024-07-05 | -41.27% |
| SBI Conservative Hybrid Fund | 511,536 | 0.22 | 20.04 | 873,949 | 2024-07-05 | -41.47% |
| SBI Conservative Hybrid Fund - Div (Annual) | 511,536 | 0.22 | 20.04 | 873,949 | 2024-07-05 | -41.47% |
| SBI Conservative Hybrid Fund - Div (Monthly) | 511,536 | 0.22 | 20.04 | 873,949 | 2024-07-05 | -41.47% |
Avanti Feeds Ltd ROCE Trend
Avanti Feeds Ltd EPS Trend
Avanti Feeds Ltd Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Jun 21 | Mar 21 |
|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 26.21 | 20.45 | 16.26 | 26.43 | 26.43 |
| Diluted EPS (Rs.) | 26.21 | 20.45 | 16.26 | 26.43 | 26.43 |
| Cash EPS (Rs.) | 33.03 | 26.07 | 21.69 | 32.20 | 32.20 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 197.38 | 174.45 | 157.61 | 146.03 | 146.03 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 197.38 | 174.45 | 157.61 | 146.03 | 146.03 |
| Revenue From Operations / Share (Rs.) | 394.06 | 373.37 | 369.62 | 300.97 | 300.97 |
| PBDIT / Share (Rs.) | 43.62 | 35.60 | 29.63 | 40.57 | 40.57 |
| PBIT / Share (Rs.) | 39.48 | 32.47 | 26.63 | 37.56 | 37.56 |
| PBT / Share (Rs.) | 39.39 | 31.35 | 24.47 | 37.44 | 37.44 |
| Net Profit / Share (Rs.) | 28.89 | 22.94 | 18.69 | 29.20 | 29.20 |
| NP After MI And SOA / Share (Rs.) | 26.21 | 20.45 | 16.26 | 26.43 | 26.43 |
| PBDIT Margin (%) | 11.07 | 9.53 | 8.01 | 13.47 | 13.47 |
| PBIT Margin (%) | 10.01 | 8.69 | 7.20 | 12.48 | 12.48 |
| PBT Margin (%) | 9.99 | 8.39 | 6.61 | 12.43 | 12.43 |
| Net Profit Margin (%) | 7.33 | 6.14 | 5.05 | 9.70 | 9.70 |
| NP After MI And SOA Margin (%) | 6.65 | 5.47 | 4.39 | 8.78 | 8.78 |
| Return on Networth / Equity (%) | 15.09 | 13.29 | 11.69 | 20.44 | 20.44 |
| Return on Capital Employeed (%) | 19.57 | 18.34 | 16.76 | 25.50 | 25.47 |
| Return On Assets (%) | 11.52 | 10.19 | 8.80 | 15.79 | 15.77 |
| Long Term Debt / Equity (X) | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Asset Turnover Ratio (%) | 1.84 | 1.76 | 1.92 | 179.82 | 1.78 |
| Current Ratio (X) | 7.21 | 6.84 | 5.78 | 6.68 | 6.69 |
| Quick Ratio (X) | 4.68 | 4.35 | 2.96 | 4.65 | 4.65 |
| Inventory Turnover Ratio (X) | 5.14 | 4.48 | 5.58 | 7.39 | 6.10 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 30.55 | 38.85 | 0.00 | 0.60 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 26.50 | 32.81 | 0.00 | 0.53 |
| Earning Retention Ratio (%) | 0.00 | 69.45 | 61.15 | 0.00 | 99.40 |
| Cash Earning Retention Ratio (%) | 0.00 | 73.50 | 67.19 | 0.00 | 99.47 |
| Interest Coverage Ratio (X) | 454.74 | 239.96 | 200.89 | 303.91 | 328.22 |
| Interest Coverage Ratio (Post Tax) (X) | 302.14 | 162.23 | 141.44 | 237.23 | 237.23 |
| Enterprise Value (Cr.) | 6200.40 | 4623.95 | 5798.76 | 7806.83 | 5819.00 |
| EV / Net Operating Revenue (X) | 1.15 | 0.90 | 1.15 | 1.90 | 1.42 |
| EV / EBITDA (X) | 10.43 | 9.53 | 14.36 | 14.12 | 10.53 |
| MarketCap / Net Operating Revenue (X) | 1.23 | 0.90 | 1.12 | 1.86 | 1.38 |
| Retention Ratios (%) | 0.00 | 69.44 | 61.14 | 0.00 | 99.39 |
| Price / BV (X) | 2.79 | 2.21 | 2.97 | 4.34 | 3.21 |
| Price / Net Operating Revenue (X) | 1.23 | 0.90 | 1.12 | 1.86 | 1.38 |
| EarningsYield | 0.05 | 0.06 | 0.03 | 0.04 | 0.06 |
Avanti Feeds Ltd Profitability Ratios (%)
Avanti Feeds Ltd Liquidity Ratios
Avanti Feeds Ltd Liquidity Ratios (%)
Avanti Feeds Ltd Interest Coverage Ratios (%)
Avanti Feeds Ltd Valuation Ratios
Strength and Weakness of Avanti Feeds Ltd Stock
| Strength | Weakness |
|---|
- The stock has a high average ROCE of 41.33%, which is a positive sign.
- The company has higher reserves (1,012.38 cr) compared to borrowings (22.62 cr), indicating strong financial stability.
- The company has shown consistent growth in sales (80.23 cr) and profit (333.00 cr) over the years.
| - The stock has a high average Working Capital Days of 34.25, which may not be favorable.
- The stock has a high average Cash Conversion Cycle of 47.33, which may not be favorable.
|
FAQ
What is the latest fair value of Avanti Feeds Ltd?
The latest fair value of Avanti Feeds Ltd is ₹557.79.
What is the Market Cap of Avanti Feeds Ltd?
The Market Cap of Avanti Feeds Ltd is 8,318 Cr..
What is the current Stock Price of Avanti Feeds Ltd as on 06 July 2024?
The current stock price of Avanti Feeds Ltd as on 06 July 2024 is 611.
What is the High / Low of Avanti Feeds Ltd stocks in FY 2024?
In FY 2024, the High / Low of Avanti Feeds Ltd stocks is 672/384.
What is the Stock P/E of Avanti Feeds Ltd?
The Stock P/E of Avanti Feeds Ltd is 23.3.
What is the Book Value of Avanti Feeds Ltd?
The Book Value of Avanti Feeds Ltd is 174.
What is the Dividend Yield of Avanti Feeds Ltd?
The Dividend Yield of Avanti Feeds Ltd is 1.02 %.
What is the ROCE of Avanti Feeds Ltd?
The ROCE of Avanti Feeds Ltd is 21.2 %.
What is the ROE of Avanti Feeds Ltd?
The ROE of Avanti Feeds Ltd is 16.0 %.
What is the Face Value of Avanti Feeds Ltd?
The Face Value of Avanti Feeds Ltd is 1.00.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a
SEBI registered financial advisor and does not have any vested interest in Avanti Feeds Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source:
NSE 
