India · Delayed Price · Currency is INR Avanti Feeds Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY 2026 saw year-over-year growth in consolidated income and PBT, with strong performance in shrimp processing and pet food segments. Rising raw material costs are expected to pressure margins in Q4, but positive trade developments and robust demand outlook support future growth.
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Q2 FY26 saw strong year-over-year growth in revenue and profit, with robust performance in feed and shrimp processing segments. Rising raw material costs and U.S. tariffs pose margin risks, but market diversification and government support provide resilience.
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Q1 FY26 saw strong revenue and profit growth, driven by higher feed and shrimp processing sales, though rising U.S. tariffs and raw material costs pose risks. The company is diversifying export markets, expanding pet food, and expects stable feed volumes for FY26.
Fiscal Year 2025
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Q4 FY25 saw 8.7% year-over-year growth in consolidated income and a 40% rise in PBT, with strong feed sales and stable aquaculture activity. U.S. tariffs and raw material volatility remain key risks, while the company expands into petcare and diversifies export markets.
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Q3 FY25 saw strong year-over-year growth in income and PBT, driven by higher sales and lower raw material costs in the feed division, while shrimp processing margins were pressured by higher costs and CVD. Pet food business launched, with a new plant planned for 2026.
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Q2 FY25 saw year-over-year growth in revenue and profit, despite sequential declines due to weather and raw material volatility. Shrimp processing volumes rose, but margins were pressured by higher input costs and U.S. duties. Pet food and fish feed diversification initiatives are progressing.
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Q1 FY25 saw sequential growth in income and profit, but year-over-year declines due to adverse weather and volatile raw material prices. Shrimp exports and feed sales volumes are expected to recover if conditions stabilize, while new investments target pet food and fish feed segments.