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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Avanti Feeds Ltd

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.
INDUSTRYADDRESSCONTACT
Animal/Shrimp FeedFlat No. 103, Ground Floor, Vishakapatnam Andhra Pradesh 530003avantiho@avantifeeds.com
http://www.avantifeeds.com
Management
NamePosition Held
Mr. A Indra KumarChairman & Managing Director
Mr. C Ramachandra RaoJoint Managing Director
Mr. A Venkata SanjeevExecutive Director
Mr. N Ram PrasadNon Executive Director
Mr. Bunluesak SorajjakitNon Executive Director
Mr. G Sudarsan BabuNominee Director
Mr. N V D S RajuIndependent Director
Mrs. K KiranmayeeIndependent Director
Mr. J V RamuduIndependent Director
Mr. Peerasak BoonmechoteNon Executive Director
Mr. V Narsi ReddyIndependent Director

Basic Stock Data of Avanti Feeds Ltd

Last Updated: May 2, 2024, 9:44 pm

Market Cap 7,149 Cr.
Current Price 525
High / Low599/351
Stock P/E20.4
Book Value 161
Dividend Yield1.19 %
ROCE18.3 %
ROE13.4 %
Face Value 1.00
PEG Ratio-34.64

Competitors of Avanti Feeds Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Narmada Agrobase Ltd 31.6 Cr. 23.335.0/16.631.0 12.50.00 %8.79 %6.22 % 10.0
Industry Average31.60 Cr23.3031.0012.500.00%8.79%6.22%10.00

Avanti Feeds Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales9151,0981,4091,2261,0691,3321,5691,3221,1031,0931,5541,2781,253
Expenses8241,0131,3171,1851,0041,2171,4661,2471,0239601,4161,1851,157
Operating Profit928592416511510375801341389497
OPM %10%8%7%3%6%9%7%6%7%12%9%7%8%
Other Income281817812167262820333434
Interest0101000001000
Depreciation12101010101010101112131414
Profit before tax108939938661211009096140157113116
Tax %20%24%22%14%34%24%27%26%27%28%27%27%28%
Net Profit8670763344927367711011158383
EPS in Rs5.505.125.351.772.956.194.864.164.586.857.815.455.32

Last Updated: May 7, 2024, 7:21 pm

Avanti Feeds Ltd Quarterly Chart

Avanti Feeds Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3836261,0931,7091,9352,6163,3933,4884,1154,1015,0365,0875,028
Expenses3385759821,5261,7042,2842,7083,0783,6593,6394,7224,6924,583
Operating Profit4552112182231332684410456461314395445
OPM %12%8%10%11%12%13%20%12%11%11%6%8%9%
Other Income31492023495971935479114
Interest4443355543442
Depreciation4569101424363841414350
Profit before tax4044105180238337704428485510324427507
Tax %30%32%34%35%33%33%34%28%20%22%24%27%
Net Profit283070116158226466307386397245312370
EPS in Rs2.342.215.188.5211.5615.8332.7820.0825.4326.4316.2620.4524.69
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:29%
5 Years:6%
3 Years:-5%
1 Year:30%
Return on Equity
10 Years:22%
5 Years:17%
3 Years:14%
Last Year:16%

Last Updated: May 2, 2024, 9:44 pm

Avanti Feeds Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital8999999141414141414
Reserves861161702564146261,0221,1921,3901,7481,8822,0822,177
Borrowings50615658111979244310
Other Liabilities3962163154189414488400475517617636774
Total Liabilities1832483984786231,0691,5261,6151,8802,2822,5162,7352,974
Fixed Assets43517890104160312293271292273398428
CWIP2250429429266403435
Investments453540111333605846306801,2359311,005918
Other Assets931612762774444546286839037491,2721,2981,594
Total Assets1832483984786231,0691,5261,6151,8802,2822,5162,7352,974

Avanti Feeds Ltd Reserves and Borrowings Chart

Avanti Feeds Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 50-215689122278281184178383-212451
Cash from Investing Activity -175-39-8418-408-269-27-79-366299-416
Cash from Financing Activity -141-13-12-74101-45-106-14115-68-65
Net Cash Flow19-144-666-30-3451-423118-30

Avanti Feeds Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days152315773558689
Inventory Days557184596863795161638571
Days Payable161551243444432424272625
Cash Conversion Cycle548048424122413244426755
Working Capital Days305033262915292636345746
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

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters43.69%43.68%43.68%43.68%43.68%43.28%43.28%43.28%43.28%43.28%43.28%43.25%
FIIs17.57%17.37%17.11%15.16%14.02%14.06%12.67%12.71%13.06%13.50%13.47%14.11%
DIIs4.35%5.23%6.14%8.18%8.73%8.62%8.75%9.54%9.08%8.81%8.64%7.47%
Government2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%
Public31.66%30.99%30.34%30.26%30.85%31.33%32.57%31.73%31.87%31.70%31.88%32.44%
No. of Shareholders1,12,0041,15,8681,07,7451,05,5481,09,0891,05,5671,15,1761,13,7301,12,3441,09,2951,08,9831,10,902

Avanti Feeds Ltd Shareholding Pattern Chart

No. of Avanti Feeds Ltd Shareholders

Avanti Feeds Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Bandhan Sterling Value Fund26300001.43103.06
ICICI Prudential Value Discovery Fund24120270.2794.52
Bandhan ELSS Tax Saver Fund9000000.6535.27
UTI Small Cap Fund8739490.9934.25
ICICI Prudential Balanced Advantage Fund7614330.0629.84
Bandhan Multi Cap Fund6000001.4123.51
Aditya Birla Sun Life Small Cap Fund5133110.420.11
SBI Conservative Hybrid Fund5115360.2220.04
SBI Conservative Hybrid Fund - Div (Annual)5115360.2220.04
SBI Conservative Hybrid Fund - Div (Monthly)5115360.2220.04

Avanti Feeds Ltd ROCE Trend

Avanti Feeds Ltd EPS Trend

Avanti Feeds Ltd Key Financial Ratios

MonthMar 23Mar 22Jun 21Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)20.4516.2626.4326.4325.43
Diluted EPS (Rs.)20.4516.2626.4326.4325.43
Cash EPS (Rs.)26.0721.6932.2032.2031.09
Book Value[Excl.RevalReserv]/Share (Rs.)174.45157.61146.03146.03117.05
Book Value[Incl.RevalReserv]/Share (Rs.)174.45157.61146.03146.03117.05
Revenue From Operations / Share (Rs.)373.37369.62300.97300.97302.05
PBDIT / Share (Rs.)35.6029.6340.5740.5738.47
PBIT / Share (Rs.)32.4726.6337.5637.5635.70
PBT / Share (Rs.)31.3524.4737.4437.4435.56
Net Profit / Share (Rs.)22.9418.6929.2029.2028.32
NP After MI And SOA / Share (Rs.)20.4516.2626.4326.4325.43
PBDIT Margin (%)9.538.0113.4713.4712.73
PBIT Margin (%)8.697.2012.4812.4811.82
PBT Margin (%)8.396.6112.4312.4311.77
Net Profit Margin (%)6.145.059.709.709.37
NP After MI And SOA Margin (%)5.474.398.788.788.41
Return on Networth / Equity (%)13.2911.6920.4420.4424.68
Return on Capital Employeed (%)18.3416.7625.5025.4730.09
Return On Assets (%)10.198.8015.7915.7718.43
Asset Turnover Ratio (%)1.761.92179.821.782.06
Current Ratio (X)6.845.786.686.695.75
Quick Ratio (X)4.352.964.654.653.69
Inventory Turnover Ratio (X)4.485.587.396.106.95
Dividend Payout Ratio (NP) (%)30.5538.850.000.6042.66
Dividend Payout Ratio (CP) (%)26.5032.810.000.5338.47
Earning Retention Ratio (%)69.4561.150.0099.4057.34
Cash Earning Retention Ratio (%)73.5067.190.0099.4761.53
Interest Coverage Ratio (X)239.96200.89303.91328.22263.67
Interest Coverage Ratio (Post Tax) (X)162.23141.44237.23237.23195.11
Enterprise Value (Cr.)4623.955798.767806.835819.004000.35
EV / Net Operating Revenue (X)0.901.151.901.420.97
EV / EBITDA (X)9.5314.3614.1210.537.63
MarketCap / Net Operating Revenue (X)0.901.121.861.380.97
Retention Ratios (%)69.4461.140.0099.3957.33
Price / BV (X)2.212.974.343.212.86
Price / Net Operating Revenue (X)0.901.121.861.380.97
EarningsYield0.060.030.040.060.08

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

StrengthWeakness
  1. The stock has a high average ROCE of 41.33%, which is a positive sign.
  2. The company has higher reserves (1,012.38 cr) compared to borrowings (22.62 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (80.23 cr) and profit (333.00 cr) over the years.
  1. The stock has a high average Working Capital Days of 34.25, which may not be favorable.
  2. 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 ₹445.35.

What is the Market Cap of Avanti Feeds Ltd?

The Market Cap of Avanti Feeds Ltd is 7,149 Cr..

What is the current Stock Price of Avanti Feeds Ltd as on 19 May 2024?

The current stock price of Avanti Feeds Ltd as on 19 May 2024 is 525.

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 ₹599/351.

What is the Stock P/E of Avanti Feeds Ltd?

The Stock P/E of Avanti Feeds Ltd is 20.4.

What is the Book Value of Avanti Feeds Ltd?

The Book Value of Avanti Feeds Ltd is 161.

What is the Dividend Yield of Avanti Feeds Ltd?

The Dividend Yield of Avanti Feeds Ltd is 1.19 %.

What is the ROCE of Avanti Feeds Ltd?

The ROCE of Avanti Feeds Ltd is 18.3 %.

What is the ROE of Avanti Feeds Ltd?

The ROE of Avanti Feeds Ltd is 13.4 %.

What is the Face Value of Avanti Feeds Ltd?

The Face Value of Avanti Feeds Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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