Avanti Feeds Ltd.

NSE: AVANTIFEED | BSE: 512573 | ISIN: INE871C01038 | Industry: Other Food & Beverages
| Mid-range Performer
854.5000 -9.30 (-1.08%)
NSE May 06, 2025 15:31 PM
Volume: 527.8K
 

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Avanti Feeds Ltd.
09 Jul 2021
854.50
-1.08%
Geojit BNP Paribas
Revenue/PAT to grow at 18%/23% CAGR over FY21-23E. We value AFL at FY23E P/E of 19x considering healthy growth & RoE, and no debt. Revenue growth aided by healthy growth in feed volumes For Q4FY21, revenue grew by 6% YoY on account of 16%YoY growth in Feed segment while Exports de-grew by 23%YoY. Feed volumes improved by 14%YoY while export volumes declined by 19%YoY mainly due to disruption in marine logistics, weak demand, and recall of certain products sold in USA. As restaurants & malls are reopening, demand is picking up which is supporting prices also. Better farm-gate prices are encouraging farmers and AFL's increasing market share in Feed segment (48%50%) will support future volumes. The price hike taken in recent months will also...
Avanti Feeds Ltd.'s price crossed below 30Day SMA today
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