Avanti Feeds Limited — PPTs, 18-11-2024: Investor Presentation

**Financial Highlights:** In Q2FY25, Avanti Feeds recorded a 6% YoY increase in revenues to ₹13,551 million, driven by a 6% rise in shrimp feed volumes. EBITDA climbed to ₹1,775 million with a margin improvement of 313 bps to 13.1%. Profit after tax rose significantly to ₹1,215 million, marking a 46.8% increase and an expanded margin of 9.0%, up from 6.5% YoY. EPS also improved to ₹8.3 from ₹5.5 per share.

**Strategic Initiatives and Growth Drivers:** The company is positioned to benefit from a ₹2,616 crore allocation to the fisheries sector in the Union Budget 2024 aimed at enhancing R&D in aquaculture. These efforts are expected to support sustainable development in shrimp feed production.

**Business Developments:** In shrimp processing, revenues surged by 12% YoY to ₹2,758 million in Q2, reflecting strong market demand and operational efficiencies. The segment also reported a remarkable 16% growth in exports, indicating robust international market uptake.

**Market Position and Competitive Advantage:** With a commitment from the government towards enhancing the aquaculture sector, Avanti Feeds is poised for significant growth in market share, particularly as it captures increasing demand for shrimp in both domestic and international markets.

**Investor Implications:** The positive financial performance, backed by government support for the aquaculture sector, signals potential growth for Avanti Feeds. Investors may find the current outlook favorable as the company expands its operational capabilities and capture opportunities in the evolving market.