Avanti Feeds Limited has announced its unaudited consolidated financial results for the first quarter ended June 30, 2026. The company reported a significant 18.3% year-on-year increase in consolidated revenues, reaching ₹18,999 million. This growth was primarily driven by strong volume expansion in the shrimp feed business. However, EBITDA saw a decline of 36.8% year-on-year to ₹1,571.5 million, impacted by elevated raw material prices. Profit after tax also decreased by 37.4% YoY to ₹1,163.1 million.
Avanti Feeds Reports Q1 FY27 Results
Avanti Feeds Limited has disclosed its unaudited standalone and consolidated financial results for the first quarter of the financial year 2027, ending on June 30, 2026. The company’s performance highlights a notable revenue surge, albeit with a contraction in profitability due to increased input costs.
Key Financial Highlights
Consolidated Performance
- Revenues: Consolidated revenues for Q1 FY27 grew by 18.3% YoY to ₹18,999 million (from ₹16,063.6 million in Q1 FY26). This expansion was predominantly fueled by robust volume growth in the shrimp feed segment.
- EBITDA: EBITDA declined by 36.8% YoY to ₹1,571.5 million (from ₹2,485.4 million in Q1 FY26). The decrease is attributed to elevated raw material prices.
- Profit After Tax (PAT): PAT dropped by 37.4% YoY to ₹1,163.1 million (from ₹1,850.8 million in Q1 FY26), with margins at 6.1%.
- EPS: Earnings Per Share (EPS) decreased to ₹7.58 in Q1 FY27 from ₹13.09 in Q1 FY26.
Segment Performance
Shrimp Feed
In Q1 FY27, shrimp feed revenues showed a significant increase of 26.8% YoY, rising from ₹12,352 million to ₹15,661 million. However, Profit Before Tax (PBT) for the segment decreased to ₹1,112 million from ₹2,235 million YoY, with margins at 5.3% due to rising raw material costs.
Shrimp Processing & Export
Shrimp processing revenue experienced a decline of 10% YoY, falling to ₹3,337 million in Q1 FY27 from ₹3,712 million in Q1 FY26. This was mainly driven by a 17% reduction in sales volume. The EBITDA margin for this segment improved to 16% in Q1 FY27 from 9% in Q1 FY26, supported by favorable foreign exchange movements and better selling price realization.
Stock Information
As of August 19, 2026, the company’s market capitalization was approximately ₹117 billion. The number of shares outstanding as of June 30, 2026, was 136 million. The company’s BSE code is 512573 and its NSE code is AVANTIFEED.
Source: BSE
