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Avanti FeedsBSE:512573 Stock Report

Last Price

₹619.55

Market Cap

₹84.4b

7D

-0.4%

1Y

21.7%

Updated

20 Jan, 2022

Data

Company Financials +
512573 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends4/6

512573 Stock Overview

Avanti Feeds Limited manufactures, processes, exports, and supplies shrimp feeds in India, the United States, and internationally.

Avanti Feeds Competitors

Apex Frozen Foods

BSE:540692

₹10.1b

Waterbase

BSE:523660

₹4.4b

Zeal Aqua

BSE:539963

₹1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Avanti Feeds
Historical stock prices
Current Share Price₹619.55
52 Week High₹675.00
52 Week Low₹411.85
Beta1.24
1 Month Change13.69%
3 Month Change11.11%
1 Year Change21.74%
3 Year Change72.72%
5 Year Change214.52%
Change since IPO37,831.64%

Recent News & Updates

Shareholder Returns

512573IN FoodIN Market
7D-0.4%-1.8%-1.1%
1Y21.7%19.2%32.6%

Return vs Industry: 512573 exceeded the Indian Food industry which returned 19.2% over the past year.

Return vs Market: 512573 underperformed the Indian Market which returned 32.6% over the past year.

Price Volatility

Is 512573's price volatile compared to industry and market?
512573 volatility
512573 Average Weekly Movement3.3%
Food Industry Average Movement6.9%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 512573 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 512573's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19931,092C. Raohttps://www.avantifeeds.com

Avanti Feeds Limited manufactures, processes, exports, and supplies shrimp feeds in India, the United States, and internationally. The company provides shrimp feeds for aqua culture to grow shrimps; and technical support services for the farmers. It also offers prawn, scampi, and fish feeds; and frozen shrimps.

Avanti Feeds Fundamentals Summary

How do Avanti Feeds's earnings and revenue compare to its market cap?
512573 fundamental statistics
Market Cap₹84.41b
Earnings (TTM)₹2.42b
Revenue (TTM)₹46.48b

34.9x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
512573 income statement (TTM)
Revenue₹46.48b
Cost of Revenue₹38.70b
Gross Profit₹7.78b
Expenses₹5.37b
Earnings₹2.42b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)17.74
Gross Margin16.75%
Net Profit Margin5.20%
Debt/Equity Ratio0%

How did 512573 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

35%

Payout Ratio

Valuation

Is Avanti Feeds undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 512573 (₹619.55) is trading below our estimate of fair value (₹1402.3)

Significantly Below Fair Value: 512573 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 512573 is poor value based on its PE Ratio (34.9x) compared to the Indian Food industry average (19.8x).

PE vs Market: 512573 is poor value based on its PE Ratio (34.9x) compared to the Indian market (23.3x).


Price to Earnings Growth Ratio

PEG Ratio: 512573 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 512573 is overvalued based on its PB Ratio (4.8x) compared to the IN Food industry average (2.2x).


Future Growth

How is Avanti Feeds forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

29.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 512573's forecast earnings growth (29.9% per year) is above the savings rate (6.7%).

Earnings vs Market: 512573's earnings (29.9% per year) are forecast to grow faster than the Indian market (20.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 512573's revenue (14.3% per year) is forecast to grow faster than the Indian market (12.7% per year).

High Growth Revenue: 512573's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 512573's Return on Equity is forecast to be high in 3 years time (20.7%)


Past Performance

How has Avanti Feeds performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 512573 has a high level of non-cash earnings.

Growing Profit Margin: 512573's current net profit margins (5.2%) are lower than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: 512573's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: 512573's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 512573 had negative earnings growth (-31%) over the past year, making it difficult to compare to the Food industry average (15.7%).


Return on Equity

High ROE: 512573's Return on Equity (13.2%) is considered low.


Financial Health

How is Avanti Feeds's financial position?


Financial Position Analysis

Short Term Liabilities: 512573's short term assets (₹19.7B) exceed its short term liabilities (₹4.2B).

Long Term Liabilities: 512573's short term assets (₹19.7B) exceed its long term liabilities (₹185.8M).


Debt to Equity History and Analysis

Debt Level: 512573 is debt free.

Reducing Debt: 512573 has no debt compared to 5 years ago when its debt to equity ratio was 4.2%.

Debt Coverage: 512573 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 512573 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Avanti Feeds's current dividend yield, its reliability and sustainability?

1.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 512573's dividend (1.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: 512573's dividend (1.01%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).


Stability and Growth of Payments

Stable Dividend: 512573's dividend payments have been volatile in the past 10 years.

Growing Dividend: 512573's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.2%), 512573's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 512573's dividends in 3 years are forecast to be well covered by earnings (17.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.4yrs

Average management tenure


CEO

C. Rao (59 yo)

13.42yrs

Tenure

₹137,701,000

Compensation

Mr. C. Ramachandra Rao serves as the Chief Financial Officer at Laxai Avanti Life Sciences Pvt, Ltd. Mr. Rao serves as the Chief Financial Officer of Laxai Avanti Life Sciences Pvt Ltd and Director of Lax...


CEO Compensation Analysis

Compensation vs Market: C.'s total compensation ($USD1.85M) is above average for companies of similar size in the Indian market ($USD351.12K).

Compensation vs Earnings: C.'s compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 512573's management team is seasoned and experienced (13.4 years average tenure).


Board Members

Experienced Board: 512573's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Avanti Feeds Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Avanti Feeds Limited
  • Ticker: 512573
  • Exchange: BSE
  • Founded: 1993
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹84.411b
  • Shares outstanding: 136.25m
  • Website: https://www.avantifeeds.com

Number of Employees


Location

  • Avanti Feeds Limited
  • G-2, Concorde Apartments
  • 6-3-658, Somajiguda
  • Hyderabad
  • 500082
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 16:00
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.