Avanti Feeds Limited — Investor Meet, 07-03-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Avanti Feeds Q3 FY26: Consolidated revenue ₹1,447 Cr, PBT ₹222 Cr. Feed volumes dipped QoQ, with 9M PBT at 16%. FY26 PBT outlook is 14.5-15% due to rising raw material costs. Processing PBT improved on better pricing and forex, despite Q3 opex impacted by prior US tariffs.

Management is optimistic for FY26 shrimp culture, targeting 10% feed volume growth. US tariffs replaced by a 10-15% surcharge. Domestic feed producers benefit from reinstated 15% customs duty on imported feed. Pet Care brand 'Avant Furst' sales growing, manufacturing planned in 14-15 months. Long-term EU/UK trade deals offer demand upside. Sentiment: Cautiously positive amid cost pressures.