Avanti Feeds Limited — PPTs, 26-08-2026: Investor Presentation

Avanti Feeds' Q1 FY27 results present a mixed picture.

1. **Business Performance:** Consolidated revenues climbed 18.3% YoY to Rs 1,899.9 Cr, significantly boosted by a strong 26.8% YoY volume growth in the Shrimp Feed business, which generated Rs 1,566.1 Cr. However, overall profitability suffered, with Profit After Tax (PAT) falling 37.4% YoY to Rs 116.3 Cr, resulting in narrower margins of 6.1%. The Shrimp Processing segment experienced a 10% YoY revenue decline to Rs 333.7 Cr, attributed to a 17% drop in sales volume.

2. **Growth Drivers or Strategy:** Despite the volume reduction in Shrimp Processing, its EBITDA margin improved to 16%, supported by favorable foreign exchange rates and better average selling prices. The robust volume increase in Shrimp Feed highlights its market strength.

3. **Recent Developments:** No specific new product introductions or capacity expansions were detailed in the presentation.

4. **Key Financial Metrics:** Earnings Per Share (EPS) for the quarter stood at Rs 7.58, marking a 42.1% YoY decrease. EBITDA also declined 35% YoY to Rs 171.6 Cr, with margins at 9.0%.

5. **Management Commentary / Outlook:** Management indicated that higher raw material costs severely impacted the profitability of the Shrimp Feed segment during the quarter.