Avanti Feeds Ltd (AFL), is a leading manufacturer of Shrimp Feeds with a capacity of 6,00,000 MT, and Shrimp Processor & Exporter with a capacity of 22,000 MT. AFL has a tie-up with Thai Union Group, Thailand. Q4FY19 revenue grew mere 2.8%YoY mainly due to drop in shrimp feed volumes (-2%YoY) and feed realization (-7%YoY). However, shrimp processing revenue growth was strong at 79% YoY. Processing capacity utilization improved to 52% (29%YoY). Shrimp prices which had witnessed a declining trend since Q3FY18...