Avanti Feeds Ltd (AVANTIFEED)
₹431.8
Overview of Avanti Feeds Ltd
Key events for Avanti Feeds Ltd
Avanti Feeds Reports Increase in Net Profit Margin - 17 Sep, 2023
Avanti Feeds Ltd, a leading Indian prawn feed manufacturer and supplier, reported an increase in net profit margin by 54% YoY from Rs 74 crore to Rs 114 crore. The company's financial metrics show a return on capital employed of 18.34 percent and a return on equity of 13.29 percent.
Avanti Feeds Ltd shares climb 14% in heavy trade - 14 Sep, 2023
Shares of Avanti Feeds climbed 14% in Thursday's trade, taking their six-month gains to 32%. The counter saw heavy volumes, with a total of 4.03 shares changing hands on BSE so far against a two-week average volume of 22,000 shares.
Avanti Feeds Focuses on Growth Strategy - 03 Sep, 2023
Avanti Feeds Ltd Group is implementing a multi-pronged strategy, including value-added exports, newer markets, ready-to-eat shrimp products, and pet food business in a joint venture with a Thai company.
Avanti Feeds Ltd Stock Shows Upward Trajectory - 18 Aug, 2023
The RSI for Avanti Feeds Ltd is trending upwards, indicating potential acceleration in price momentum and inviting investors to explore strategic decisions.
Avanti Feeds Ltd: Leading Shrimp Feed Manufacturer in India - 17 Aug, 2023
Avanti Feeds Ltd is a prominent manufacturer of shrimp feed in India, offering floating and sinking feeds for the aquaculture industry.
Avanti Feeds Forms Subsidiary for Pet Care Products - 19 Jul, 2023
Avanti Feeds forms a new subsidiary, Avanti Pet Care Private Limited, to manufacture and trade pet food and care products. Shares rise 3%.
Avanti Feeds Ltd's Dividend Yield at 1.5% - 15 Jul, 2023
Investors of Avanti Feeds Ltd will receive a dividend payment of ₹6.25 per share on September 10th, with a dividend yield of 1.5%. However, the company has an unstable dividend track record and declining EPS over the past five years.
Analyst Rating
based on 3 analysts
Based on 3 analysts offering long term price targets for Avanti Feeds Ltd. An average target of ₹446.67
Source: S&P Global Market Intelligence
Avanti Feeds Ltd Performance
- ₹429.3₹441.1₹431.8
0.58%
Downside
Day's Volatility:2.73%
Upside
2.15%
- ₹321.1₹504.85₹431.8
25.64%
Downside
52 Weeks Volatility:42.55%
Upside
16.92%
| Returns % | |
| 1 Month Return | 4.27 % |
| 3 Month Return | 11.74 % |
| 1 Year Return | -7.69 % |
| Market Stats | |
| Previous Close | ₹435.40 |
| Open | ₹435.00 |
| Volume | 3.91L |
| Market Cap | ₹5,932.13Cr |
Avanti Feeds Ltd Company Information
Furthermore, the company has acquired 25.88 % stake in Patikari Power Private Limited Himachal Pradesh and 49.99% stake in Srivathsa Power Projects Pvt. Ltd. in 2014-15.It reportedly crossed 1000 crores turnover mark and closed the year with turnover of Rs. 1131.61 crores.
The company has entered into a technical and marketing collaboration agreement with M/s Thai Union Feed Mill Co. Limited of Thailand and set up a new 50000 MT per annum Shrimp Manufacturing Facility at the existing plant in Kovvur (West Godavari Dist., Andhra Pradesh). They reported 341660 MT sales of shrimp feed during 2016-17, recording an increase of 35 in volume and Shrimp Processing & Export Division registered an export of 5155 MT in 2017-18, representing an increase of 18%.
AFFPL issued 4006667 shares to Thai Union Group PCL TUG of Thailand and the new Feed Plant at Bandapuram West Godavari District (Andhra Pradesh), commenced production from August 2016. It also subdivided one equity share of Rs.10/ each into five equity shares of Rs.2/ each. AFFPL completed the implementation of a 15000 MTA capacity Shrimp Processing Plant at Yerravaram (East Godavari District) with a Capital Expenditure of Rs. 12159.38 Lakhs and started operations from 31 August 2017. The power generated from Four Windmills of the company located in Karnataka was sold to Karnataka Power Transmission Corporation Limited (KPTCL). The company expanded its Hatchery division with a capacity of 600 million in 2020-21.
Share Price: ₹431.80 per share as on 25 Sep, 2023 04:01 PM
Market Capitalisation: ₹5,932.13Cr as of today
Revenue: ₹1,118.08Cr as on March 2023 (Q1 23)
Net Profit: ₹93.34Cr as on March 2023 (Q1 23)
Listing date: 08 Jan, 2010
Chairperson Name: A Indra Kumar
| Organisation | Avanti Feeds Ltd |
| Headquarters | Hyderabad |
| Industry | Miscellaneous |
| E-voting on shares | Click here to vote |
Fundamentals of Avanti Feeds Ltd
Insights on Avanti Feeds Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 56.62 Cr → 93.34 Cr (in ₹), with an average increase of 21.2% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 12.71% to 13.06% in Jun 2023 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 31.74% to 31.86% in Jun 2023 quarter
NO EFFECTAgainst Peers
In the last 3 years, Venkys India Ltd has given 42.1% return, outperforming this stock by 53.9%
- NO EFFECT
Against Peers
In the last 1 year, Kaveri Seed Company Ltd has given 42.7% return, outperforming this stock by 50.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 43.28% of holdings in Jun 2023 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 4 quarters, 1.58K Cr → 1.11K Cr (in ₹), with an average decrease of 10.7% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 9.28% to 8.77% in Jun 2023 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, AVANTIFEED stock has moved down by -11.8%
Avanti Feeds Ltd Valuation
Avanti Feeds Ltd in the last 5 years
Lowest (10.87x)
March 23, 2020
Today (18.61x)
September 22, 2023
Industry (35.96x)
September 22, 2023
Highest (41.29x)
January 14, 2022
Mutual Fund Holdings
| Funds | Holdings |
 Bandhan Sterling Value Fund Direct Plan Growth | 1.67% |
 ICICI Prudential Value Discovery Fund Direct Plan Growth | 0.31% |
 Aditya Birla Sun Life Small Cap Fund Direct Plan Growth | 0.98% |
 UTI Small Cap Fund Direct Growth | 1.2% |
| Bandhan Tax Advantage (ELSS) Fund - Direct Plan - Growth | 0.7% |
Avanti Feeds Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 2 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.28% | 0.00 | |
| Foreign Institutions | 13.06% | 2.76 | |
| Mutual Funds | 8.77% | ||
| Retail Investors | 31.86% | 0.38 | |
| Others | 3.03% | 1.50 |
Technicals of Avanti Feeds Ltd
News & Events of Avanti Feeds Ltd
Frequently Asked Questions
Avanti Feeds Ltd (AVANTIFEED) share price today is ₹431.8
- Today’s highest price of Avanti Feeds Ltd is ₹441.1.
- Today’s lowest price of Avanti Feeds Ltd is ₹429.3.
Today’s traded volume of Avanti Feeds Ltd(AVANTIFEED) is 3.91L.
Today’s market capitalisation of Avanti Feeds Ltd(AVANTIFEED) is ₹5932.13Cr.
| Avanti Feeds Ltd(AVANTIFEED | Price |
|---|---|
52 Week High | ₹504.85 |
52 Week Low | ₹321.1 |
Avanti Feeds Ltd(AVANTIFEED) share price is ₹431.8. It is down -14.47% from its 52 Week High price of ₹504.85
Avanti Feeds Ltd(AVANTIFEED) share price is ₹431.8. It is up 34.48% from its 52 Week Low price of ₹321.1
| Avanti Feeds Ltd(AVANTIFEED | Returns |
|---|---|
1 Day Returns | -3.6% |
1 Month Returns | 4.27% |
3 Month Returns | 11.74% |
1 Year Returns | -7.69% |