In Week of Mar 28, 2026, Avanti Feeds Ltd (FMCG - Shrimp) is outperforming Nifty 500 with +56.2% relative strength. Fundamentals: Average.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: 97bps YoY OPM expansion to 12.72% despite revenue pressures
Impact: +₹150 Cr revenue
“Operating profit (excluding other income) stood at ₹176.05 crores with a margin of 12.72%, representing a 68 basis points improvement from Q2 FY26's 12.04% and a substantial 97 basis points expansion year-on-year from 11.75%.”
What: Significant volume gains driven by higher sales and favorable forex
Impact: +₹200 Cr revenue
“The processing and export division saw a 62% year-over-year growth in gross income and significant volume gains, driven by higher sales and favorable forex.”
What: New manufacturing facility in development with strong sales growth
Impact: +₹50 Cr revenue
“The pet food business experienced strong sales growth, with expanding product lines and channels, and a manufacturing facility in development.”
Earnings deceleration risks from management commentary
Trigger: Seasonal aquaculture business patterns
Impact: -50 bps margin impact
Management view: This sequential contraction reflects the seasonal nature of the aquaculture business and potential demand moderation in the shrimp feed segment.
Monitor: Q4 revenue growth
Trigger: Continued RM cost increases
Impact: -200 bps margin impact
Management view: Shrimp feed sales volumes rose year-over-year, but fell sequentially due to seasonality and rising raw material costs, which may pressure margins in coming quarters.
Monitor: Feed division margins
Key quotes from recent conference calls
“Operating profit (excluding other income) stood at ₹176.05 crores with a margin of 12.72%, representing a 68 basis points improvement from Q2 FY26's 12.04% and a substantial 97 basis points expansion year-on-year from 11.75%. — Management”
“The processing and export division saw a 62% year-over-year growth in gross income and significant volume gains, driven by higher sales and favorable forex. — Management”
“Management maintained their FY '26 shrimp export volume guidance of 17,000 MT despite U.S. tariffs, but flagged that future revisions may be needed if tariffs persist. — Management”
“The pet food business experienced strong sales growth, with expanding product lines and channels, and a manufacturing facility in development. — Management”
Forward-looking targets from management for FY26
Key Milestones
• 17,000 MT shrimp export volume for FY26
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +1% | +4% | Stable |
| PAT (Net Profit) | +16% | +31% | Stable |
| OPM | 13.0% | +100 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Avanti Feeds Ltd's latest quarterly results (Dec 2025) show
Avanti Feeds Ltd's profit is growing with an stable trend.
Avanti Feeds Ltd's revenue growth trend is stable.
Avanti Feeds Ltd's operating margin is expanding.
Avanti Feeds Ltd's long-term compounding rates
Avanti Feeds Ltd's earnings growth is stable with mixed signals on a sequential basis.
Avanti Feeds Ltd's trailing twelve month (TTM) performance
Avanti Feeds Ltd appears significantly undervalued based on our fair value analysis.
Avanti Feeds Ltd's current PE ratio is 26.0x.
Avanti Feeds Ltd's current PE is 26.0x.
Avanti Feeds Ltd's price-to-book ratio is 5.5x.
Avanti Feeds Ltd is rated Average with a fundamental score of 56.76/100. This score is calculated from objective financial metrics
Avanti Feeds Ltd has a debt-to-equity ratio of N/A.
Avanti Feeds Ltd's return ratios over recent years
Avanti Feeds Ltd's operating cash flow is positive (FY2025).
Avanti Feeds Ltd's current dividend yield is 0.74%.
Avanti Feeds Ltd's shareholding pattern (Dec 2025)
Avanti Feeds Ltd's promoter holding has remained stable recently.
Avanti Feeds Ltd has been outperforming Nifty 500 for 3 consecutive weeks, indicating early-stage outperformance.
Avanti Feeds Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
Avanti Feeds Ltd has 3 key growth catalysts identified from recent earnings analysis
Avanti Feeds Ltd has 2 key risks worth monitoring
In Q3 FY26, Avanti Feeds Ltd's management highlighted
Avanti Feeds Ltd's management has provided the following forward guidance for FY26
Based on quantitative research signals, here is why Avanti Feeds Ltd may be worth studying
Avanti Feeds Ltd investment thesis summary:
Avanti Feeds Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
