Is the FMCG - Shrimp sector outperforming NIFTY 500?
FMCG - Shrimp has outperformed NIFTY 500 by 47.2% over 52 weeks and 25% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.
20-quarter listed-company comparison
FMCG - Shrimp Stocks in India
FMCG - Shrimp: Avanti Feeds Ltd owns the largest revenue base; Apex Frozen Foods Ltd has the fastest current growth.
Nifty FMCG - Shrimp Index — Constituents & Performance
The FMCG - Shrimp companies below are the listed Indian FMCG - Shrimp universe this page tracks — the same constituent set people search for as the Nifty FMCG - Shrimp index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
Sector relative strength · before individual stocks
Is FMCG - Shrimp outperforming NIFTY 500?
FMCG - Shrimp has outperformed NIFTY 500 by 47.2% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 25%. 2 of 2 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Apex Frozen Foods Ltd is the strongest against the sector itself at +5%.
-25.0%Sector vs NIFTY 500 · 13 weeks
+47.2%Sector vs NIFTY 500 · 52 weeks
2/2Stocks leading NIFTY 500
1/2Stocks leading sector
Equal-weight current-member sector proxy and NIFTY 500 are rebased to 100 over the latest 52 weeks.
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
FMCG - Shrimp has outperformed NIFTY 500 by 47.2% over 52 weeks and 25% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. Avanti Feeds Ltd leads with revenue of ₹6,067 crore, based on 2 of 2 comparable companies through Mar 2026.
Which FMCG - Shrimp company is largest by revenue?
Avanti Feeds Ltd leads with revenue of ₹6,067 crore, based on 2 of 2 comparable companies through Mar 2026.
Which FMCG - Shrimp company is growing fastest?
Apex Frozen Foods Ltd has the fastest current revenue growth at 14.1%, across 2 of 2 comparable companies.
Which FMCG - Shrimp company has the strongest 4-Factor Sector Score?
Apex Frozen Foods Ltd ranks first at 74.1/100 with 77% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which FMCG - Shrimp company has the least gross debt?
Apex Frozen Foods Ltd has the lowest comparable gross debt at ₹6 crore. Avanti Feeds Ltd has the highest at ₹13 crore.
Which FMCG - Shrimp company has the lowest comparable PEG?
Avanti Feeds Ltd has the lowest comparable Guarded PEG at 0.83, among 1 of 2 companies that pass the metric’s comparability rules.
How much history does this FMCG - Shrimp comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
2
complete canonical membership
Combined market value
₹14.5K Cr
Avanti Feeds Ltd
Revenue growing
2/2
positive TTM year-on-year growth
Beating NIFTY 500
2/2
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Apex Frozen Foods Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 77% evidence confidence.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. Apex Frozen Foods Ltd · APEX
74.1/100 · Favorable setup · 77% evidence
Exact sum: 30.7 + 13.4 + 10 + 20 = 74.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
30.7/35Growth & earnings
Revenue 14.1% · PAT 100% · OPM change 4.3 pp
95% evidence
13.4/25Capital efficiency
ROCE 10.4% · debt/equity 0.01×
95% evidence
10.0/20Valuation
P/E 30.6× · PEG —
0% evidence
20.0/20Relative strength
RS sector 5% · RS bench 15.8% · 1Y 54.2%
100% evidence
2. Avanti Feeds Ltd · AVANTIFEED
54.0/100 · Mixed-positive evidence · 97% evidence
Exact sum: 15.8 + 20.8 + 13.8 + 3.6 = 54
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15.8/35Growth & earnings
Revenue 8.2% · PAT 17.9% · OPM change -2 pp
100% evidence
20.8/25Capital efficiency
ROCE 24.4% · debt/equity 0×
100% evidence
13.8/20Valuation
P/E 23.9× · PEG 0.83
85% evidence
3.6/20Relative strength
RS sector -7% · RS bench 2.2% · 1Y 30.1%
100% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Avanti Feeds Ltd has the highest Revenue among the 2 FMCG - Shrimp companies compared here, at ₹6,067 crore. Apex Frozen Foods Ltd is next at ₹929 crore. Apex Frozen Foods Ltd has the highest Revenue growth at 14.1%, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Avanti Feeds Ltd is the scale leader at ₹6,067 crore, 553.3% ahead of Apex Frozen Foods Ltd. Apex Frozen Foods Ltd's growth is 14.1% from a ₹929 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderAvanti Feeds Ltd · ₹6,067 crore
Gap553.3% versus #2 · Apex Frozen Foods Ltd
Persistence7/8 recent comparable periods
Coverage2/2 companies · 35 observations
Investor read: Avanti Feeds Ltd is the scale benchmark; Apex Frozen Foods Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Avanti Feeds Ltd's growth falls below Apex Frozen Foods Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Avanti Feeds Ltd AVANTIFEED₹6.1K Cr
2Apex Frozen Foods Ltd APEX⚠ unverified₹929 Cr
Revenue growthfastest growers
1Apex Frozen Foods Ltd APEX⚠ unverified14%
2Avanti Feeds Ltd AVANTIFEED8.2%
Revenue · company comparison
2/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | ₹1.5K Cr | 6.2% | Mar 2026 |
| Apex Frozen Foods Ltd APEX⚠ unverified | ₹168 Cr | -15% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
—
—
—
—
—
₹293 Cr
₹231 Cr
₹212 Cr
₹254 Cr
₹241 Cr
₹148 Cr
₹162 Cr
₹186 Cr
₹200 Cr
₹231 Cr
₹197 Cr
₹258 Cr
₹238 Cr
₹264 Cr
₹168 Cr
Avanti Feeds Ltd · AVANTIFEED
₹1.4K Cr
₹1.2K Cr
₹1.1K Cr
₹1.3K Cr
₹1.6K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.6K Cr
₹1.3K Cr
₹1.3K Cr
₹1.3K Cr
₹1.5K Cr
₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.6K Cr
₹1.6K Cr
₹1.4K Cr
₹1.5K Cr
Revenue growth · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
—
—
—
—
—
—
—
—
—
-18%
-36%
-24%
-27%
-17%
56%
22%
39%
19%
15%
-15%
Avanti Feeds Ltd · AVANTIFEED
—
—
—
—
11%
-17%
3.2%
-18%
-1.0%
25%
14%
17%
-3.1%
6.0%
9.0%
7.6%
6.6%
19%
1.3%
6.2%
02 · compare level, then change
Operating Economics & Margin Trend
Avanti Feeds Ltd has the highest OPM among the 2 FMCG - Shrimp companies compared here, at 11%. Apex Frozen Foods Ltd is next at 7.6%. Apex Frozen Foods Ltd has the highest Margin change at +4.3 percentage points, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Avanti Feeds Ltd leads opm at 11%; Apex Frozen Foods Ltd leads margin change at +4.3 percentage points.
LeaderAvanti Feeds Ltd · 11%
Gap44.5% versus #2 · Apex Frozen Foods Ltd
Persistence7/8 recent comparable periods
Coverage2/2 companies · 40 observations
Investor read: Avanti Feeds Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Avanti Feeds Ltd AVANTIFEED11%
2Apex Frozen Foods Ltd APEX⚠ unverified7.6%
Margin changefastest expanders
1Apex Frozen Foods Ltd APEX⚠ unverified+4.3 pp
2Avanti Feeds Ltd AVANTIFEED−2.0 pp
Operating margin · company comparison
2/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | 11% | −2.0 pp | Mar 2026 |
| Apex Frozen Foods Ltd APEX⚠ unverified | 7.6% | +4.3 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
4.1%
12%
8.0%
8.8%
5.1%
4.0%
8.0%
3.6%
5.1%
7.7%
5.7%
0.8%
5.8%
2.0%
1.7%
3.3%
6.0%
4.8%
5.1%
7.6%
Avanti Feeds Ltd · AVANTIFEED
6.5%
3.3%
6.1%
8.6%
6.6%
4.0%
7.0%
12%
9.0%
7.0%
8.0%
10%
11%
10%
12%
13%
13%
12%
13%
11%
Margin change · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
−4.5 pp
−4.6 pp
+1.0 pp
−1.7 pp
+1.0 pp
−7.6 pp
+0.1 pp
−5.2 pp
0.0 pp
+3.7 pp
−2.3 pp
−2.8 pp
+0.7 pp
−5.7 pp
−4.0 pp
+2.5 pp
+0.2 pp
+2.8 pp
+3.4 pp
+4.3 pp
Avanti Feeds Ltd · AVANTIFEED
−7.0 pp
−10.2 pp
−4.0 pp
+0.8 pp
+0.0 pp
+0.7 pp
+1.0 pp
+3.4 pp
+2.4 pp
+3.0 pp
+1.0 pp
−2.0 pp
+2.0 pp
+3.0 pp
+4.0 pp
+3.0 pp
+2.0 pp
+2.0 pp
+1.0 pp
−2.0 pp
03 · compare level, then change
Profit Scale & Acceleration
Avanti Feeds Ltd has the highest Net profit among the 2 FMCG - Shrimp companies compared here, at ₹657 crore. Apex Frozen Foods Ltd is next at ₹39 crore. Apex Frozen Foods Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Avanti Feeds Ltd leads with ₹657 crore of TTM profit, 16.9× the profit of Apex Frozen Foods Ltd. Apex Frozen Foods Ltd shows ≥100% on the scoring scale (903.9% uncapped) growth from a ₹39 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderAvanti Feeds Ltd · ₹657 crore
Gap16.9× versus #2 · Apex Frozen Foods Ltd
Persistence7/8 recent comparable periods
Coverage2/2 companies · 35 observations
Investor read: Avanti Feeds Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Avanti Feeds Ltd AVANTIFEED₹657 Cr
2Apex Frozen Foods Ltd APEX⚠ unverified₹39 Cr
Profit growthfastest growers
1Apex Frozen Foods Ltd APEX⚠ unverified100%
2Avanti Feeds Ltd AVANTIFEED18%
Net profit · company comparison
2/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | ₹139 Cr | -11% | Mar 2026 |
| Apex Frozen Foods Ltd APEX⚠ unverified | ₹8 Cr | 297% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
—
—
—
—
—
₹14 Cr
₹8 Cr
₹-4 Cr
₹4 Cr
₹8 Cr
₹3 Cr
₹-0 Cr
₹4 Cr
₹-2 Cr
₹-0 Cr
₹2 Cr
₹9 Cr
₹12 Cr
₹10 Cr
₹8 Cr
Avanti Feeds Ltd · AVANTIFEED
₹76 Cr
₹33 Cr
₹44 Cr
₹92 Cr
₹73 Cr
₹40 Cr
₹71 Cr
₹101 Cr
₹115 Cr
₹83 Cr
₹83 Cr
₹113 Cr
₹138 Cr
₹121 Cr
₹141 Cr
₹157 Cr
₹186 Cr
₹169 Cr
₹163 Cr
₹139 Cr
Profit growth · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
—
—
—
—
—
—
—
—
—
-40%
-63%
—
4.1%
-120%
-107%
—
139%
—
—
297%
Avanti Feeds Ltd · AVANTIFEED
—
—
—
—
-4.0%
21%
61%
9.8%
58%
108%
17%
12%
20%
46%
70%
39%
35%
40%
16%
-11%
04 · not available
Capacity Spending & Returns On It
No company in this FMCG - Shrimp comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 2 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
Apex Frozen Foods Ltd has the lowest Gross debt among the 2 FMCG - Shrimp companies compared here, at ₹6 crore. Avanti Feeds Ltd is next at ₹13 crore. Avanti Feeds Ltd has the lowest Net debt at ₹1,677 crore net cash, so level and change sit with different companies.
What the numbers say: Avanti Feeds Ltd has the clearest covered balance-sheet capacity with ₹1,677 crore net cash and gross debt of ₹13 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderApex Frozen Foods Ltd · ₹6 crore
Gap53.8% versus #2 · Avanti Feeds Ltd
Persistence1/8 recent comparable periods
Coverage2/2 companies · 40 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Apex Frozen Foods Ltd APEX⚠ unverified₹6 Cr
2Avanti Feeds Ltd AVANTIFEED₹13 Cr
Net debtlowest net debt
1Avanti Feeds Ltd AVANTIFEED₹-1.7K Cr
2Apex Frozen Foods Ltd APEX⚠ unverified₹-13 Cr
Debt and balance-sheet capacity · company comparison
2/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | ₹13 Cr | ₹-1.7K Cr | Mar 2026 |
| Apex Frozen Foods Ltd APEX⚠ unverified | ₹6 Cr | ₹-13 Cr | Mar 2026 |
Full 20-quarter history · every available company
Gross debt · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
₹168 Cr
₹183 Cr
₹183 Cr
₹167 Cr
₹167 Cr
₹162 Cr
₹162 Cr
₹91 Cr
₹91 Cr
₹83 Cr
₹83 Cr
₹107 Cr
₹107 Cr
₹115 Cr
₹115 Cr
₹73 Cr
₹73 Cr
₹41 Cr
₹41 Cr
₹6 Cr
Avanti Feeds Ltd · AVANTIFEED
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹3 Cr
₹3 Cr
₹10 Cr
₹10 Cr
₹17 Cr
₹17 Cr
₹16 Cr
₹16 Cr
₹15 Cr
₹15 Cr
₹15 Cr
₹15 Cr
₹13 Cr
Net debt · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
₹158 Cr
₹170 Cr
₹170 Cr
₹167 Cr
₹133 Cr
₹146 Cr
₹146 Cr
₹89 Cr
₹81 Cr
₹68 Cr
₹68 Cr
₹104 Cr
₹97 Cr
₹104 Cr
₹104 Cr
₹71 Cr
₹68 Cr
₹27 Cr
₹27 Cr
₹-13 Cr
Avanti Feeds Ltd · AVANTIFEED
₹-1.2K Cr
₹-1.3K Cr
₹-1.3K Cr
₹-881 Cr
₹-881 Cr
₹-1.0K Cr
₹-1.0K Cr
₹-1.2K Cr
₹-1.2K Cr
₹-1.5K Cr
₹-1.5K Cr
₹-1.4K Cr
₹-1.4K Cr
₹-1.9K Cr
₹-1.9K Cr
₹-1.9K Cr
₹-1.9K Cr
₹-2.7K Cr
₹-2.7K Cr
₹-1.7K Cr
06 · compare level, then change
Return On Capital Employed
Avanti Feeds Ltd has the highest ROCE among the 2 FMCG - Shrimp companies compared here, at 24.4%. Apex Frozen Foods Ltd is next at 10.4%. Apex Frozen Foods Ltd has the highest ROCE change at +5 percentage points, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Avanti Feeds Ltd leads ROCE at 24.4%, 14 percentage points above Apex Frozen Foods Ltd. Apex Frozen Foods Ltd has the strongest latest improvement at +5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderAvanti Feeds Ltd · 24.4%
Gap134.6% versus #2 · Apex Frozen Foods Ltd
Persistence8/8 recent comparable periods
Coverage2/2 companies · 32 observations
Investor read: Avanti Feeds Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Avanti Feeds Ltd AVANTIFEED24%
2Apex Frozen Foods Ltd APEX⚠ unverified10%
ROCE changefastest improvers
1Apex Frozen Foods Ltd APEX⚠ unverified+5.0 pp
2Avanti Feeds Ltd AVANTIFEED+0.5 pp
Return on capital · company comparison
2/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | 18% | +0.5 pp | Mar 2026 |
| Apex Frozen Foods Ltd APEX⚠ unverified | 7.0% | +5.0 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
—
12%
—
14%
—
12%
—
10%
8.6%
8.2%
5.2%
5.0%
5.7%
2.3%
2.5%
2.0%
4.3%
4.4%
9.6%
7.0%
Avanti Feeds Ltd · AVANTIFEED
—
13%
—
13%
—
15%
—
15%
20%
16%
22%
15%
22%
16%
25%
18%
27%
20%
29%
18%
ROCE change · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
—
—
—
—
—
+0.2 pp
—
−3.4 pp
—
−3.7 pp
—
−5.1 pp
−2.9 pp
−5.9 pp
−2.7 pp
−3.0 pp
−1.4 pp
+2.1 pp
+7.1 pp
+5.0 pp
Avanti Feeds Ltd · AVANTIFEED
—
—
—
—
—
+1.2 pp
—
+1.5 pp
—
+1.0 pp
—
+0.1 pp
+2.3 pp
+0.3 pp
+2.7 pp
+3.2 pp
+5.3 pp
+3.9 pp
+3.6 pp
+0.5 pp
07 · compare level, then change
Valuation Against Growth & Quality
Avanti Feeds Ltd has the lowest Guarded PEG among the 2 FMCG - Shrimp companies compared here, at 0.83×. The same company also holds the lowest P/E, at 23.9×. 1 of 2 companies report a comparable reading, the latest through Mar 2026. Its Guarded PEG series carries 13 reported observations across the 20-quarter window.
What the numbers say: Avanti Feeds Ltd has the lowest comparable Guarded PEG at 0.83×. Only 1 of 2 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderAvanti Feeds Ltd · 0.83×
GapNot enough peers
Persistence0/8 recent comparable periods
Coverage1/2 companies · 13 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Avanti Feeds Ltd AVANTIFEED0.8
P/Elowest P/E
1Avanti Feeds Ltd AVANTIFEED23.9
2Apex Frozen Foods Ltd APEX⚠ unverified30.6
Valuation · company comparison
1/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | 0.8 | 26.0 | Mar 2026 |
| Apex Frozen Foods Ltd APEX⚠ unverified | — | 37.9 | Mar 2026 |
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
Avanti Feeds Ltd · AVANTIFEED
—
—
—
—
—
—
0.4
0.7
0.9
0.5
0.5
0.7
0.9
1.3
—
0.7
0.4
0.3
0.9
0.8
P/E · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
19.1
23.4
25.9
21.7
18.5
16.5
16.1
12.8
18.5
33.7
44.5
56.4
47.6
52.9
158.0
164.6
196.0
76.9
41.4
37.9
Avanti Feeds Ltd · AVANTIFEED
20.9
22.8
30.3
26.0
23.9
27.6
20.6
16.8
18.6
18.6
16.8
18.9
22.8
22.2
20.1
25.9
18.5
15.2
18.4
26.0
08 · compare level, then change
Enterprise Value & Book Value
Avanti Feeds Ltd has the lowest EV/EBITDA among the 2 FMCG - Shrimp companies compared here, at 16.2×. Apex Frozen Foods Ltd is next at 19.7×. Apex Frozen Foods Ltd has the lowest P/BV at 2.25×, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Avanti Feeds Ltd leads ev/ebitda at 16.2×; Apex Frozen Foods Ltd leads p/bv at 2.25×.
LeaderAvanti Feeds Ltd · 16.2×
Gap17.8% versus #2 · Apex Frozen Foods Ltd
Persistence0/8 recent comparable periods
Coverage2/2 companies · 40 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Avanti Feeds Ltd AVANTIFEED16.2
2Apex Frozen Foods Ltd APEX⚠ unverified19.7
P/BVlowest P/BV
1Apex Frozen Foods Ltd APEX⚠ unverified2.3
2Avanti Feeds Ltd AVANTIFEED4.1
Enterprise and book valuation · company comparison
2/2 level · 2/2 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Apex Frozen Foods Ltd APEX⚠ unverified | 19.7 | 2.3 | Mar 2026 |
| Avanti Feeds Ltd AVANTIFEED | 16.2 | 5.5 | Mar 2026 |
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
10.2
11.8
12.7
11.4
9.9
9.5
8.9
7.6
9.7
12.4
14.1
15.3
17.4
20.7
31.0
30.6
28.8
20.8
17.7
19.7
Avanti Feeds Ltd · AVANTIFEED
13.3
14.7
18.9
15.6
14.3
15.7
11.8
10.0
10.9
10.6
8.9
10.1
13.2
12.4
11.5
15.9
11.4
9.1
11.5
16.2
P/BV · reported quarter history
Apex Frozen Foods Ltd · APEX⚠ unverified
2.1
2.1
2.0
2.0
1.7
1.9
1.6
1.3
1.4
1.4
1.4
1.2
1.4
1.6
1.5
1.3
1.5
1.4
1.7
2.3
Avanti Feeds Ltd · AVANTIFEED
5.4
4.3
4.3
3.3
3.2
3.3
2.7
2.4
2.8
2.9
2.6
3.0
3.9
3.6
3.3
5.0
4.1
3.1
3.8
5.5
09 · let price answer last
Market action
Apex Frozen Foods Ltd has the strongest one-year price move in FMCG - Shrimp at +54.2%. It also leads on Mansfield relative strength against NIFTY at +15.8%. 2 of 2 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-24.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This FMCG - Shrimp comparison names 6 specific ways its own evidence can mislead, all listed below. All 2 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Capital expenditure, Valuation have fewer than three usable current readings.
10 · the complete set
Which companies are included?
All 2 companies in the canonical FMCG - Shrimp membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Avanti Feeds Ltd AVANTIFEED | ₹13.3K Cr | ₹977 | 2026-07-24 | Mar 2026 | Cross-checked |
| Apex Frozen Foods Ltd APEX⚠ unverified | ₹1.2K Cr | ₹381 | 2026-07-24 | Mar 2026 | Includes unverified figures |
How each company's sources stand: 1 of 2 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 2 FMCG - Shrimp companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing1 cross-checked · 1 unverified · 0 withheld, of 2 graded companies.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
Questions investors ask · short, speakable answers
FMCG - Shrimp company comparison FAQs
These 18 answers restate the FMCG - Shrimp comparison above in question form. Every one is computed from the same 2 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
What is the Nifty FMCG - Shrimp index?
The Nifty FMCG - Shrimp index tracks India's listed FMCG - Shrimp companies as a single basket. This page follows the same 2 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the FMCG - Shrimp sector rather than to its largest constituent. Figures are as of Mar 2026.
Which are the best FMCG - Shrimp stocks in India?
Ranked by this page's four-factor score, Apex Frozen Foods Ltd places first among 2 listed FMCG - Shrimp companies, followed by Avanti Feeds Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many FMCG - Shrimp stocks are listed in India?
This comparison covers 2 listed FMCG - Shrimp companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.
Which FMCG - Shrimp company is the biggest?
Avanti Feeds Ltd is the largest, with trailing-twelve-month revenue of ₹6,067 crore, ahead of Apex Frozen Foods Ltd at ₹929 crore. That covers 2 of 2 companies with comparable reporting through Mar 2026.
Which FMCG - Shrimp company is growing fastest?
Apex Frozen Foods Ltd has the fastest revenue growth at 14.1% year on year, across 2 of 2 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which FMCG - Shrimp company has the best profit margins?
Avanti Feeds Ltd has the highest operating margin at 11%, from 2 of 2 comparable companies. Apex Frozen Foods Ltd shows the biggest recent improvement, at +4.3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which FMCG - Shrimp company makes the most profit?
Avanti Feeds Ltd earns the most, at ₹657 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. Apex Frozen Foods Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which FMCG - Shrimp company earns the highest return on capital?
Avanti Feeds Ltd leads on return on capital employed at 24.4%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which FMCG - Shrimp stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — Avanti Feeds Ltd screens cheapest at 0.83×. Only 1 of 2 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which FMCG - Shrimp company has the strongest balance sheet?
Apex Frozen Foods Ltd carries the lowest comparable gross debt at ₹6 crore, from 2 of 2 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Is the FMCG - Shrimp sector beating the market?
FMCG - Shrimp has outperformed NIFTY 500 by 47.2% over the last 52 weeks and 25% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which FMCG - Shrimp stock has the strongest price momentum?
Apex Frozen Foods Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which FMCG - Shrimp company scores highest for research priority?
Apex Frozen Foods Ltd scores 74.1 out of 100 with 77% evidence confidence, from 30.7 points on growth and earnings, 13.4 on capital efficiency, 10 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many FMCG - Shrimp companies does this comparison cover, and over what period?
It compares 2 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the FMCG - Shrimp sector?
The 2 FMCG - Shrimp companies on this page carry ₹14,503 crore of combined market value. Avanti Feeds Ltd is the largest at ₹13,312 crore, about 92% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
How is the FMCG - Shrimp sector performing?
2 of the 2 covered FMCG - Shrimp companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 47.2% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-29.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.