Avanti Feeds Ltd (BOM:512573)
₹ 906.5 +4.7 (+0.52%) Market Cap: 123.51 Bil Enterprise Value: 111.33 Bil PE Ratio: 20.21 PB Ratio: 3.81 GF Score: 87/100

Q4 2026 Avanti Feeds Ltd Earnings Call Transcript

Jun 12, 2026 / 10:30AM GMT
Release Date Price: ₹1060 (+2.48%)

Key Points

Positve
  • Avanti Feeds Ltd (BOM:512573) reported an 8.9% increase in gross income for FY '26 compared to FY '25, indicating strong revenue growth.
  • The company's shrimp exports increased by 2,827 metric tons in FY '26, reflecting a positive trend in export volume.
  • The pet food segment under the Avant Furst brand showed promising growth, with sales increasing from INR136 lakhs in Q3 FY '26 to INR151 lakhs in Q4 FY '26.
  • The company is expanding its market reach by strengthening its presence in Tier 1 cities and entering Tier 2 and Tier 3 markets.
  • Avanti Feeds Ltd (BOM:512573) is focusing on increasing value-added products and expanding into new markets, which could enhance future profitability.
Negative
  • The profit before tax (PBT) for Q4 FY '26 decreased by 17.12% compared to Q3 FY '26, primarily due to increased raw material costs.
  • The feed division experienced a decrease in PBT by 19% in Q4 FY '26 compared to Q3 FY '26, attributed to rising raw material prices.
  • The company faces challenges from steep increases in raw material prices, such as fishmeal and soybean meal, impacting profitability.
  • Despite growth in shrimp exports, the company anticipates a challenging season for the aquaculture industry due to rising feed raw material prices.
  • Avanti Feeds Ltd (BOM:512573) is not planning any major capital expenditures in the next two years, which may limit rapid expansion opportunities.
Operator

Good evening, ladies and gentlemen. I'm pleased to extend a warm welcome to all of you for this investor conference call to review the audited financial results for Q4 FY '26 and for the period ended March 31, 2026.

Shri. A. Venkata Sanjeev, ED Avanti Feeds Limited and Shri. A. Nikhilesh, ED Avanti Frozen Foods Limited, have joined from Feed and Processing plants, respectively. Along with me are Mr. Santhi Latha, CFO of Avanti Feeds Limited; Mr. D.V.S. Satyanarayana, CFO of Avanti Frozen Foods Private Limited; and Mr. K. Srinivas Reddy, CFO of Avanti Pet Care Private Limited.

To begin with, Mr. Santhi Latha will present highlights of financial results for the quarter and the year end March 31, 2026, of shrimp feed division and also consolidated financials of the company for the same period. Thereafter, Mr. D.V. Satyanarayana will present the financial highlights of Shrimp Processing and Export division.

Thereafter, Mr. K. Srinivas Reddy will present the status of the Pet Care products. After presentation by all of them, we will take up the question-and-answer session.

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