Avanti Feeds Ltd (AVANTIFEED) — share price & stock analysis

Market cap

₹12,877 Cr

P/E

21×

ROE

20.2%

vs own 10-yr valuation

59th pctile

Book value / share

₹241

EPS (TTM)

₹45.0

10-yr median P/E

19.7×

Revenue (FY26)

₹6,066 Cr

Profit after tax (FY26)

₹657 Cr

Weinstein stage

Stage 2 (31 weeks)

Data as of

1 July 2026

3 of the 6 things we track are currently moving the right way — some things working, some not.

Where the levels actually stand: ROCE 26% — a high-quality engine; effectively no debt; margins mid-band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

The price has run ahead of the profits

Since Mar 2016, the stock is up 608% while earnings per share grew 297%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/E of 21× is the middle of its own range against its own 10-year history (59th percentile) — neither a bargain nor a stretch, by its own standards.pe_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (19.7×).

The price is in a confirmed uptrend — 31 weeks and counting

Stock prices move through four repeating stages: basing (1), advancing (2), topping (3) and declining (4). This one is in Stage 2: advancing, 31 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹1,043 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Trailing NIFTY 500 for 1 week — relative strength is the market’s live opinion, and right now it is against it.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

Profits have grown in 10 of the last 12 years — this is a compounding machine

Over 12 years, sales went from ₹1,093 Cr to ₹6,066 Cr (about 15% a year), and profit from ₹70.0 Cr to ₹657 Cr.revenuenet_profit

Margins widened 2.1 points along the way — growth with improving economics.operating_profit

Sales have gone quiet — growth has stalled

Mar 26 sales were ₹1,468 Cr, up 6% on the same quarter last year.revenue

That makes 7 quarters of growth in a row — this is a trend, not a blip.revenue

Margins are compressing — 13% → 11% in a year

Of every ₹100 of sales, the company keeps ₹11.2 as operating profit (a year ago it kept ₹12.8).opm_pct

Zoom out and this is the page's quiet hero: annual operating margin bottomed at 6.2% in FY22 and has been rebuilt to 12.3% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit

The gross margin moved the same way (26% → 25%), so this is about input costs and pricing power — the raw-material equation worsened.gpm_pctopm_pct

Profit declined 12% last quarter

Mar 26 profit after tax was ₹139 Cr, down 12% year on year.net_profit

Most of the profit becomes cash — but not all

Over the last 5 profitable years, the business reported ₹2,165 Cr of profit and collected ₹1,588 Cr of operating cash — about 73% conversion.operating_cash_flownet_profit

The cash cycle is stretching — more money stuck in the pipeline

One rupee now takes about 67 days to go out the door as materials and come back as collected cash — up from 50 days the year before.cash_conversion_cycle

The biggest mover: suppliers being paid sooner (34 → 20 days).payable_days

The asset base keeps compounding — this company builds

The productive asset base has gone from ₹78.0 Cr (FY14) to ₹592 Cr, with another ₹20.0 Cr of capacity under construction right now.fixed_assetscwip

The build is self-funded: the last 3 years' investing outflow (₹1,088 Cr) fits inside the operating cash the business generated (₹1,349 Cr).investing_cash_flowoperating_cash_flow

Almost no debt — this company cannot be killed by a bad year

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹0 — total borrowings have shrunk from ₹56.0 Cr to ₹13.0 Cr over the window.borrowings

Every ₹100 kept in the business now earns ₹26 — and the number is rising

Return on capital employed is 26.0% (a year ago: 24.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

Institutions sold for years — and have been buying back since

Promoters hold 43.2%, essentially unchanged. Foreign funds own 7.6%, domestic funds 6.8%.promoters_pctfiis_pctdiis_pct

Domestic funds tell the real story: they sold from 9.1% down to 4.0% (Jun 25), and have been buying back since — now 6.8%. A completed round trip like that usually means the doubts got answered.diis_pct

Meanwhile foreign funds have been the sellers — from 13.1% to 7.6% over the window. Someone on the other side of the table disagrees; both sides count.fiis_pct

A good business — the question is the price

The numbers are genuinely mixed, and the price already assumes the good news continues.

Best thing in the data: returns on capital rising (24.0% → 26.0%).roce_pct

Biggest worry: margins falling (12.8% → 11.2%).operating_profit

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data