550.00 6.55 (1.21%)

34.15% Gain from 52W Low

69,026 NSE+BSE Volume

NSEOct 26, 2021 02:44 PM



Avanti Feeds Ltd.    
09 Jul 2021
550.00
1.21%
buy
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. is trading above it's 200 day SMA of 539.4
Avanti Feeds Ltd.    
20 Feb 2021
550.00
1.21%
Avanti Feeds Ltd. is trading above it's 200 day SMA of 539.4
Avanti Feeds Ltd.    
07 Dec 2020
550.00
1.21%
Way2Wealth
The company recorded 6% YoY growth in consolidated sales on the back of 3% YoY growth in shrimp feeds volumes and 5% YoY shrimp feed realisations in Q2FY21. Shrimp processing volumes were lower by 11% YoY...
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Avanti Feeds Ltd. is trading below it's 30 day SMA of 559.3
Avanti Feeds Ltd.    
27 Nov 2020
550.00
1.21%
buy
Geojit BNP Paribas
For Q2FY21, revenue grew by 6% YoY on account of gradual improvement in operations post lockdown. Feed volumes improved 2.5%YoY and Feed realisation grew by 5%YoY due to price hike in previous quarter. However, Processing volumes de-grew by 11%YoY while export realisation grew by 15%YoY due to better region mix. Industry shrimp production is expected to drop by ~15%-20% in FY21 due to Covid-19 led disruptions but to improve in FY22. Relaxation in restrictions and improvement in farm-gate prices is encouraging farmers which along with AFL's increasing market share in Feed segment will support future volumes. We expect...
Avanti Feeds Ltd. is trading below it's 30 day SMA of 559.3
Avanti Feeds Ltd.    
15 Sep 2020
550.00
1.21%
Way2Wealth
1. The company recorded 12.6% YoY de-growth in consolidated sales on the back of 14.3% YoY and 4.4% YoY de-growth in shrimp feeds and shrimp processing business respectively in Q1FY21. Degrowth in shrimp feed was due to panic harvesting and non-availability of shrimp seed during Covid-19 led lockdown restriction. Avanti's shrimp feed and shrimp processing sales volume degrew YoY but improved...
Avanti Feeds Ltd. is trading below it's 30 day SMA of 559.3
Avanti Feeds Ltd.    
11 Sep 2020
550.00
1.21%
Geojit BNP Paribas
Covid-19 impacts volumes but better than expected... 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...
Avanti Feeds Ltd. is trading below it's 30 day SMA of 559.3
Avanti Feeds Ltd.    
18 Aug 2020
550.00
1.21%
Way2Wealth
Incorporated in 1993, Avanti Feeds Ltd (AFL) is a leading manufacturer of Shrimp Feeds and Shrimp Processor & Exporter. The company has a strong technical and marketing tie-up with the Thai Union Group Public Company Ltd (equity participation of ~25%), the world's largest seafood processors and leading manufacturer of prawn and fish feeds in Thailand. Company has 5 shrimp feed manufacturing units in India (4 in Andhra Pradesh & 1 in Gujarat), with feed manufacturing capacity of 6,00,000MT and shrimp processing capacity of 22,000MT and is now setting up a shrimp hatchery with a capacity of 400 million seeds in...
Avanti Feeds Ltd. has an average target of 760.00 from 2 brokers.
Avanti Feeds Ltd.    
20 Jul 2020
550.00
1.21%
Geojit BNP Paribas
Strong growth in the quarter, Covid-19 to impact FY21E 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. We revise down our Target to Rs550 from Rs.700 earlier factoring...
Avanti Feeds Ltd. is trading above it's 200 day SMA of 539.4
Avanti Feeds Ltd.    
13 Feb 2020
550.00
1.21%
Geojit BNP Paribas
Cost surges...margins will normalise led by price hike 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. We revise our Target Price to Rs700 (from Rs520 earlier) with Accumulate rating Revenue grew by 10.5%YoY in Q3FY20 aided by growth in volumes EBITDA margin fell sharply by 620bps YoY to 6.9% mainly due to...
Avanti Feeds Ltd. is trading above it's 200 day SMA of 539.4
Avanti Feeds Ltd.    
01 Nov 2019
550.00
1.21%
Geojit BNP Paribas
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. Revenue grew by 41%YoY in Q2FY20 mainly supported by strong...
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Avanti Feeds Ltd. has an average target of 760.00 from 2 brokers.