MarketFriction

Avanti Feeds Ltd

NSE AVANTIFEED · BSE 512573 · Animal Feed
₹711.55 -0.87%
NSE close2026-10-01
52 week range632.45 - 1,593.80
Market cap₹10,184 Cr.
P/E18.9
Nifty 500Nifty Smallcap 100Smallcap 250 Price band 20% Delivery 38.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2781,2531,2841,5061,3551,3661,3821,6061,6091,3841,4681,900
Expenses1,1851,1571,1541,3461,2191,2051,2051,3921,4161,2081,3031,794
Operating Profit9497130160136160177214193176165106
OPM %7%8%10%11%10%12%13%13%12%13%11%6%
Other Income343436354239505150633566
Interest001111110110
Depreciation141414141515151616161514
Profit before tax113116151180162184211249227222184157
Tax %27%28%25%23%25%23%26%25%26%26%24%26%
Net Profit8383113138121141157186169163139116
EPS in Rs5.455.327.649.418.349.9211.1413.0911.2510.969.187.58
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,9352,6163,3933,4884,1154,1015,0365,0875,3695,5996,0666,360
Expenses1,7042,2842,7083,0783,6593,6394,7224,6924,9094,9655,3165,720
Operating Profit231332684410456461314395460634750640
OPM %12%13%20%12%11%11%6%8%9%11%12%10%
Other Income2023495971935479136166199214
Interest355543443453
Depreciation101424363841414356586361
Profit before tax238337704428485510324427537737881789
Tax %33%33%34%28%20%22%24%27%27%24%25%
Net Profit158226466307386397245312394557657587
EPS in Rs11.5615.8332.7820.0825.4326.4316.2620.4526.2138.8144.4838.97
Dividend Payout %20%19%12%20%20%24%38%31%26%23%22%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%8%6%11%
Compounded Profit Growth14%12%28%-7%
Stock Price CAGR16%6%19%17%
Return on Equity20%16%18%18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital99991414141414141414
Reserves2564146261,0221,1921,3901,7481,8822,0822,3522,7873,272
Borrowings581119792443171513
Other Liabilities154189414488400475517617636716867961
Total Liabilities4786231,0691,5261,6151,8802,2822,5162,7353,0983,6834,260
Fixed Assets90104160312293271292273398497564592
CWIP0429429266403493021
Investments111333605846306801,2359311,0057468731,262
Other Assets2774444546286839037491,2721,2981,8472,2162,386
Total Assets4786231,0691,5261,6151,8802,2822,5162,7353,0983,6834,260
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity89122278281184178383-212451260584505
Cash from Investing Activity-8418-408-269-27-79-366299-418-218-485-385
Cash from Financing Activity-12-74101-45-106-14115-68-65-63-86-104
Net Cash Flow-666-30-3451-423118-32-211416
Free Cash Flow7356187201160144340-267292129437427
CFO/OP82%84%116%76%80%62%110%-44%137%87%118%99%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7735586891099
Inventory Days596863795161638571757579
Days Payable243444432424272625272120
Cash Conversion Cycle424122413244426755576467
Working Capital Days152815292536345745483938
ROCE %65%62%57%74%33%32%26%15%18%20%24%24%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters43.28%43.28%43.25%43.23%43.23%43.23%43.23%43.23%43.23%43.23%43.23%43.23%
FIIs13.50%13.47%14.11%14.28%14.40%14.47%6.42%7.59%6.98%7.98%7.63%7.19%
DIIs8.81%8.64%7.47%6.41%5.82%5.49%5.07%4.00%4.19%4.16%6.82%7.35%
Government2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%2.72%
Public31.70%31.88%32.44%33.36%33.85%34.10%42.58%42.46%42.88%41.92%39.60%39.50%
No. of Shareholders1,09,2951,08,9831,10,9021,21,2681,41,0061,42,1031,36,2661,26,3721,21,9641,21,4321,16,7981,22,500

Fundamentals

Market Cap₹ 10,184 Cr.
Current Price₹ 748
Stock P/E18.9
Book Value₹ 241
ROCE24.4 %
ROE18.3 %
Dividend Yield1.34 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-7%
Consolidated figures.
Valuation
Market capRs 9,695 Cr
Enterprise valueRs 9,270 Cr
P/E (TTM)18.25x
Price to book2.95x
Price to sales1.52x
EV / EBITDA10.87x
EV / EBIT11.70x
EV / sales1.46x
Price to cash flow19.21x
Earnings yield5.48%
Dividend yield1.40%
P/E, 3-year average22.82x
P/B, 3-year average4.04x
P/E, 5-year average22.08x
P/B, 5-year average3.46x
Profitability
Operating margin (excl. other income)12.36%
Operating margin (incl. other income)15.64%
EBITDA margin13.41%
Pre-tax margin12.41%
Net profit margin8.35%
Net margin, latest quarter5.44%
ROE19.91%
ROCE28.97%
ROA15.26%
ROE, 3-year average18.80%
ROCE, 3-year average27.19%
ROA, 3-year average14.37%
ROE, 5-year average16.50%
ROCE, 5-year average24.20%
ROA, 5-year average12.59%
ROIC (approx.)20.63%
Tax rate25.47%
Other income / net worth6.05%
Growth
Sales growth (latest year)8.34%
Profit growth (latest year)14.61%
Sales CAGR, 3 years6.04%
Sales CAGR, 5 years8.15%
Profit CAGR, 3 years29.56%
Profit CAGR, 5 years10.98%
Sales growth QoQ29.44%
Profit growth QoQ-17.43%
Sales growth YoY (latest quarter)18.32%
Profit growth YoY (latest quarter)-42.06%
Per share
EPS (TTM)Rs 38.98
EPS (latest year)Rs 44.48
EPS (latest quarter)Rs 7.58
EPS, 3-year averageRs 36.50
EPS, 5-year averageRs 29.25
Book value per shareRs 241.19
Sales per shareRs 466.80
Cash flow per shareRs 37.04
Free cash flow per shareRs 31.34
Dividend per share (latest year)Rs 10.00
Dividend per share, 3-year averageRs 8.58
Dividend per share, 5-year averageRs 7.65
Dividends
Dividend payout22.47%
Dividend payout, 3-year average23.80%
Dividend payout, 5-year average28.07%
Efficiency
Asset turnover1.42x
Fixed asset turnover10.25x
Inventory turnover5.24x
Inventory days70 days
Debtor days9 days
Debtors turnover42.16x
Creditor days20 days
Cash conversion cycle67 days
Working capital days38 days
Leverage
Total debtRs 13 Cr
Cash and bankRs 438 Cr
Net debtRs -425 Cr
Debt to equity0.00x
Net debt / EBITDA-0.50x
Interest coverage291.24x
Current ratio (filing 2026-03-31)5.58x
Quick ratio (filing 2026-03-31)3.72x
Trade payables (filing 2026-03-31)Rs 243 Cr
Owners' fund to total sources77.13%
Debt to assets0.31%
Cash flow
Cash from Operating Activity (latest year)Rs 505 Cr
Cash from Investing Activity (latest year)Rs -385 Cr
Cash from Financing Activity (latest year)Rs -104 Cr
Net Cash Flow (latest year)Rs 16 Cr
Free cash flow (latest year)Rs 427 Cr
FCFE (approx.: FCF + change in debt)Rs 425 Cr
Cash from ops / profit, 5 years0.73x
Sales to cash flow12.02x
Statement figures
Net sales (TTM)Rs 6,360 Cr
Net sales (latest year)Rs 6,066 Cr
Sales (latest quarter)Rs 1,900 Cr
Operating profit excl. other income (latest year)Rs 750 Cr
Operating profit (latest quarter)Rs 106 Cr
Other income (TTM)Rs 214 Cr
EBITDA (TTM)Rs 853 Cr
PBDT (TTM)Rs 850 Cr
Profit before tax (TTM)Rs 789 Cr
Tax (latest year)Rs 225 Cr
Net profit (TTM)Rs 531 Cr
Net profit (latest year)Rs 606 Cr
Net profit (latest quarter)Rs 103 Cr
Depreciation (TTM)Rs 61 Cr
Depreciation (latest quarter)Rs 14 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 4,928 Cr
Total expenditure (latest year)Rs 5,316 Cr
Total income (latest year)Rs 6,265 Cr
Share capitalRs 14 Cr
ReservesRs 3,272 Cr
Shareholders' fundsRs 3,286 Cr
Total assetsRs 4,260 Cr
Net blockRs 592 Cr
Capital work in progressRs 21 Cr
InvestmentsRs 1,262 Cr
ReceivablesRs 144 Cr
InventoryRs 940 Cr
Other liabilitiesRs 961 Cr
Shares outstanding (crore)13.62
Ownership
Promoter holding43.23% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.2 is at the 25th percentile of its own 9.4-year range (median 21.2, low 10.2, high 59.4).
P/B 2.95 is at the 12th percentile (median 4.15).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAVANTIFEEDNifty 50Difference
1 week-5.1%-2.8% -2.3 pts
1 month-14.7%-6.8% -7.9 pts
3 months-25.5%-7.6% -17.9 pts
6 months-39.5%+0.4% -39.9 pts
1 year+6.0%-9.9% +15.9 pts
2 years+5.8%-13.6% +19.3 pts
3 years+61.2%+14.2% +47.1 pts
5 years+29.5%+27.9% +1.6 pts
21 mutual fund schemes hold about ₹863 Cr. Over three months 17 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Kotak Mid Cap Fund0.84%599 +27%
Kotak Aggressive Hybrid Fund0.69%64 +14%
Kotak Manufacture in India Fund1.45%43 +7%
SBI Conservative Hybrid Fund(Q0.38%39 +18%
Kotak Special Opportunities Fund1.64%28 +2%
Kotak Rural Opportunities Fund3.37%26 +25%
Kotak Consumption Fund1.23%21 +17%
ICICI Pru Exports & Services Fund0.74%12 +48%
ICICI Pru Exports & Services Fund0.74%11 +48%
Motilal Oswal Nifty Microcap 250 Index Fund0.34%9 +11%
ICICI Pru Rural Opportunities Fund0.37%8 +100%
ICICI Pru Conservative Hybrid Fund0.10%3 +100%
ICICI Pru Balanced Hybrid Fund0.60%1 +100%
Angel One Nifty Total Market Momentum Quality 50 Index Fund0.16%0 -6%
Groww Nifty Total Market Index Fund0.02%0 +19%
Angel One Nifty Total Market Index Fund0.01%0 +12%
Mirae Asset Nifty Total Market Index Fund0.02%0 +19%
Bandhan Nifty Total Market Index Fund0.02%0 +19%
Motilal Oswal BSE 1000 Index Fund0.01%0 +18%
Samco Multi Cap Fund0.00%0 -100%
Samco Active Momentum Fund0.00%0 -100%

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,900 Cr +18.3% vs Jun 2025. Net profit ₹116 Cr -37.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Dividend - Rs 10 Per Share
2025-08-07Dividend - Rs 9 Per Share
2024-07-30Annual General Meeting/Dividend - Rs 6.75 Per Share
2023-08-03Annual General Meeting/Dividend - Rs 6.25 Per Share
2023-04-21Extra Ordinary General Meeting
2022-08-04Annual General Meeting/Dividend - Rs 6.25 Per Share
2021-08-05 Annual General Meeting/Dividend - Rs 6.25 Per Share
2020-08-20 Annual General Meeting/Dividend - Rs 0.10 Per Share
2020-03-05 Interim Dividend - Rs 5 Per Share
2019-07-30 Annual General Meeting/Dividend - Rs 4 Per Share
2018-07-30 Dividend- Re 6 Per Share (Rate Revised)
2018-06-26 Bonus 1:2/Face Value Split (Sub-Division) From Rs 2/- Per Share To Re 1/- Per Share0.3333
2017-08-03 Dividend - Rs 9 Per Share
2016-08-04 Dividend - Rs 7/- Per Share
2015-11-26 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2015-07-30Annual General Meeting/Dividend Rs 27.50/- Per Share
DateTypeWhat it says
2026-09-08UpdatesIntimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 ( Listing ...
2026-08-28Concall / analyst meetTranscript
2026-08-27Concall / analyst meetLink of Recording
2026-08-26Investor PresentationInvestor Presentation
2026-08-21Concall / analyst meetSchedule of meet
2026-08-14Shareholder meetingVoting results.
2026-08-14Shareholder meetingProceedings of Annual General Meeting held on August 14, 2026
2026-08-13Board meeting outcomeAvanti Feeds Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-27General UpdatesGeneral Updates
2026-07-22Shareholder meetingNotice of Annual General Meeting to be held on August 14, 2026
2026-07-22Record DateRecord date for the purpose of Dividend & Meeting is 07-Aug-2026.
2026-07-22Shareholder meetingNotice of Annual General Meeting to be held on August 14, 2026
2026-06-17Disclosure under SEBI TakeovSrinivasa Cystine Private Limited, Nuthaklki Ram Prasad HUF, Indra Kumar Alluri has Submitted to the Exchange a copy of Disclosure under Regulation 31...
2026-06-15Concall / analyst meetTranscript
2026-06-13ResignationResignation of Director/KMP/SMP
2026-06-12Concall / analyst meetLink of Recording
2026-06-11Concall / analyst meetPresentation
2026-06-11Board meeting outcomeOutcome of Board Meeting held on Jun 11, 2026.
2026-06-09Concall / analyst meetSchedule of meet
2026-05-29General UpdatesGeneral Updates
2026-05-28Change in ManagementChange in the Chief Financial Officer of the Company
2026-05-28Director changeChange in Director(s) of the company.
2026-05-28DividendBoard of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 10 per equity share.
2026-05-28Board meeting outcomeAvanti Feeds Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-10Volume querySignificant increase in volume has been observed in Avanti Feeds Limited. The Exchange, in order to ensure that investors have latest relevant informa...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Avanti Feeds Ltd?

Avanti Feeds Ltd (AVANTIFEED) has a market capitalisation of Rs 10,184 Cr. at the 2026-10-01 close.

What is the P/E ratio of Avanti Feeds Ltd?

Avanti Feeds Ltd trades at a P/E of 18.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Avanti Feeds Ltd's latest quarterly results?

In the Jun 2026 quarter, Avanti Feeds Ltd sales was Rs 1,900 Cr (+18.3% vs Jun 2025) and net profit was Rs 116 Cr.

What is the 52-week high and low of Avanti Feeds Ltd?

The 52-week high is Rs 1,593.80 and the 52-week low is Rs 632.45.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03