Avanti Feeds Ltd (AVANTIFEED)
₹734.75▲13.85%
🔔 Government Support Alert
Avanti Feeds surges 12% after government announces financial support for shrimp farming
Analyst Rating
based on 3 analysts
66.67%
Buy
0.00%
Hold
33.33%
Sell
Based on 3 analysts offering long term price targets for Avanti Feeds Ltd. An average target of ₹608.33
Source: S&P Global Market Intelligence
Avanti Feeds Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹652.1₹764.452 Week's Low
52 Week's High
₹385.9₹764.4
| Returns % | |
| 1 Month Return | + 4.59 % |
| 3 Month Return | + 22.25 % |
| 1 Year Return | + 63.75 % |
| Market Stats | |
| Previous Close | ₹645.35 |
| Open | ₹652.50 |
| Volume | 3.00Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,792.61Cr |
Key Statistics
| P/E Ratio | 24.61 |
| PEG Ratio | 4.27 |
| Market Cap | ₹8,792.61 Cr |
| P/B Ratio | 3.32 |
| EPS | 28.9 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹8,792.61 Cr | 20.07% | 0.50 | ₹393 Cr | ₹5,368 Cr |
 | BUY | ₹21,529.38 Cr | 94.13% | 0.55 | ₹690 Cr | ₹3,588 Cr |
 | BUY | ₹18,485.28 Cr | 42.51% | 0.55 | ₹369 Cr | ₹2,756 Cr |
 | BUY | ₹8,051.07 Cr | 29.01% | 0.67 | ₹268 Cr | ₹2,071 Cr |
 | BUY | ₹6,145.73 Cr | 57.81% | 0.55 | ₹330 Cr | ₹4,908 Cr |
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: ₹734.75 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹8,792.61Cr as of today
Revenue: ₹1,283.51Cr as on March 2024 (Q1 24)
Net Profit: ₹112.60Cr as on March 2024 (Q1 24)
Listing date: 08 Jan, 2010
Chairperson Name: A Indra Kumar
| Organisation | Avanti Feeds Ltd |
| Headquarters | Hyderabad |
| Industry | FMCG |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
11:12 AM
-Avanti Feeds Ltd. stocks surge 12% after government announces financial support for shrimp farming.
01:18 PM
-Shares of Avanti Feeds and other major shrimp companies rise up to 20% following government's announcement of financial support for shrimp farming, processing, and export.
Key events for Avanti Feeds Ltd
Avanti Feeds Stocks Surge on Government Support for Shrimp Farming - 24 Jul, 2024
Avanti Feeds Ltd. saw a 12% increase in stock prices after the Indian government announced financial support for shrimp farming. Shares of Avanti Feeds and other major shrimp companies rose by up to 20%.
Avanti Feeds Shares Surge After Government Support For Shrimp Farming - 23 Jul, 2024
Avanti Feeds' shares surged up to 10% following the announcement of financial support for shrimp farming in India's Union Budget 2024. The company also gained from major BCD cuts for inputs for shrimps and fish feed. The stock has delivered positive returns of around 60% in the last one year and nearly 43.8% returns YTD.
Avanti Feeds Increases Dividend Payment & Avantel Secures Supply Order - 14 Jul, 2024
Avanti Feeds announces an increased dividend payment of Rs. 6.75, with a sustainable payout ratio of 20%, while Avantel receives a supply order worth Rs. 1.84 crore and reports significant YoY revenue and net profit growth.
Avanti Feeds Ltd's P/E Ratio Lower Than Peers - 28 Jun, 2024
Avanti Feeds Limited has a lower P/E ratio than many other companies in India due to analysts predicting that the company's growth will lag behind the market. Shareholders are accepting this as future earnings probably won't provide any pleasant surprises.
Geojit Financial Services Maintains Accumulate Rating for Avanti Feeds - 27 Jun, 2024
Avanti Feeds Ltd. (AFL) has reported a 17% YoY growth in revenue, supported by volume growth in both feed and processing segments. Geojit Financial Services maintains an accumulate rating with a revised target price of Rs. 698, considering expected improvement in margins due to lower input prices and uptick in volumes. AFL is diversifying into pet food products and making efforts to enter the fish feed and domestic shrimp market.
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 IMPACTPrice Rise
In the last 7 days, AVANTIFEED stock has moved up by 4.8%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 32.45% to 33.35% in Jun 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 14.11% to 14.28% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.28K Cr → 1.31K Cr (in ₹), with an average increase of 2.5% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 72.47 Cr → 104.07 Cr (in ₹), with an average increase of 30.4% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Kaveri Seed Company Ltd has given 76.0% return, outperforming this stock by 12.2%
- NO EFFECT
Against Peers
In the last 3 years, Kaveri Seed Company Ltd has given 41.7% return, outperforming this stock by 40.5%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 43.25% to 43.23% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.87% to 5.69% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,283.51Cr | ↑2.42% |
Net Income | ₹112.60Cr | ↑35.16% |
Net Profit Margin | 8.77% | ↑31.88% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹5,368.89Cr | ↑5.54% |
Net Income | ₹393.81Cr | ↑26.12% |
Net Profit Margin | 7.34% | ↑19.54% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹2,303.70Cr | ↑11.55% |
Total Liabilities | ₹318.45Cr | ↑5.55% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹176.81Cr | ↓38.69% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.23% | ||
| Foreign Institutions | 14.28% | 1.22 | |
| Mutual Funds | 5.69% | ||
| Retail Investors | 33.35% | 2.80 | |
| Others | 3.44% | 3.60 |
Key Indicators
Avanti Feeds Ltd Valuation
Avanti Feeds Ltd in the last 5 years
Lowest (10.87x)
March 23, 2020
Today (24.61x)
July 23, 2024
Industry (69.53x)
July 23, 2024
Highest (41.29x)
January 14, 2022
Earnings and Dividends
Avanti Feeds Ltd Earnings Results
Avanti Feeds Ltd’s net profit jumped 11.5% since last year same period to ₹104.07Cr in the Q4 2023-2024. On a quarterly growth basis, Avanti Feeds Ltd has generated 43.6% jump in its net profits since last 3-months.
Read More about Earnings ResultsAvanti Feeds Ltd Dividends May,2024
In the quarter ending March 2024, Avanti Feeds Ltd has declared dividend of ₹6.75 - translating a dividend yield of 2.01%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Avanti Feeds Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Avanti Feeds Ltd (AVANTIFEED) share price today is ₹734.75
Avanti Feeds Ltd is listed on NSE
Avanti Feeds Ltd is listed on BSE
- Today’s highest price of Avanti Feeds Ltd is ₹764.4.
- Today’s lowest price of Avanti Feeds Ltd is ₹652.1.
PE Ratio of Avanti Feeds Ltd is 24.61
PE ratio = Avanti Feeds Ltd Market price per share / Avanti Feeds Ltd Earnings per share
Today’s traded volume of Avanti Feeds Ltd(AVANTIFEED) is 3.00Cr.
Today’s market capitalisation of Avanti Feeds Ltd(AVANTIFEED) is ₹8792.61Cr.
| Avanti Feeds Ltd(AVANTIFEED | Price |
|---|---|
52 Week High | ₹764.4 |
52 Week Low | ₹385.9 |
Avanti Feeds Ltd(AVANTIFEED) share price is ₹734.75. It is down -3.88% from its 52 Week High price of ₹764.4
Avanti Feeds Ltd(AVANTIFEED) share price is ₹734.75. It is up 90.40% from its 52 Week Low price of ₹385.9
| Avanti Feeds Ltd(AVANTIFEED | Returns |
|---|---|
1 Day Returns | 89.4% |
1 Month Returns | 4.59% |
3 Month Returns | 22.25% |
1 Year Returns | 63.75% |