Avanti Feeds Ltd
About
Avanti Feeds is a leading seafood products provider in India. It was established in 1993 by Alluri Venkateswara Rao to supply high-quality seafood products across the globe. Today, under the leadership of Alluri Indra Kumar, the company exports its products to over 20 countries. Under its core businesses, Avanti Feeds provides shrimp feeds to farmers, manages fish and shrimp farms, supplies frozen seafood, and maintains hatcheries with the aim to supply quality seed and monitor diseases. With 7 shrimp feed processing units and 3 frozen shrimp processing units, the company has a shrimp feed processing capacity of 775,000 tonnes per annum and a frozen shrimp processing capacity of 28,000 tonnes per annum. Avanti Feeds’ CEO, Dr. Indra Kumar Alluri, had been awarded India’s Best CEO award in 2018 and then again in 2020.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 5535 6.9% | 5179 1.0% | 5128 20.6% | 4252 0.7% | 4221 18.9% | 3550 0.9% | 3518 31.8% | 2668 29.9% | 2054 13.8% | 1805 57.2% | 1148 71.3% | 670 70.7% | 393 77.4% | 221 114.4% | 103 46.7% | 70 - |
| Net Operating Income (INR Cr) | 5369 5.54% | 5087 1.01% | 5036 22.81% | 4101 -0.36% | 4115 17.99% | 3488 2.80% | 3393 29.71% | 2616 29.60% | 2018 13.35% | 1781 57.36% | 1132 74.62% | 648 64.72% | 393 89.42% | 208 126.96% | 92 32.13% | 69 -29.32% |
| Profit (INR Cr) | 357 28.2% | 279 25.8% | 222 -38.5% | 360 3.9% | 346 26.6% | 274 -38.7% | 446 107.0% | 216 36.9% | 158 35.9% | 116 64.6% | 70 134.3% | 30 7.1% | 28 725.0% | 3 - | -1 - | -7 - |
| Assets (INR Cr) | 2718 13.5% | 2395 10.5% | 2166 7.8% | 2010 24.6% | 1613 16.4% | 1385 17.7% | 1177 52.4% | 773 76.6% | 438 33.4% | 328 35.9% | 241 27.6% | 189 28.7% | 147 12.6% | 131 29.2% | 101 -4.8% | 106 - |
| Net Worth (INR Cr) | 2365 12.9% | 2095 10.6% | 1895 7.6% | 1761 25.5% | 1404 16.4% | 1206 16.9% | 1031 62.3% | 635 50.3% | 423 59.4% | 265 47.7% | 180 43.5% | 125 33.6% | 94 34.7% | 70 3.9% | 67 -1.8% | 68 -1.7% |
| Employee Cost (INR Cr) | 200 19.6% | 167 32.1% | 126 0.0% | 126 11.2% | 114 13.2% | 100 -9.5% | 111 51.8% | 73 25.8% | 58 21.9% | 48 35.3% | 35 102.2% | 17 39.7% | 12 86.1% | 7 44.1% | 5 7.9% | 4 - |
| Interest Cost (INR Cr) | 3 | 4 | 4 | 3 | 4 | 5 | 5 | 5 | 3 | 3 | 4 | 4 | 4 | 5 | 3 | 7 |
| Cash & Bank Balance (INR Cr) | 737 | 286 | 75 | 61 | 199 | 187 | 14 | 45 | 73 | 6 | 13 | 9 | 22 | 5 | 3 | 9 |
| Total Debt (INR Cr) | 17 | 3 | 4 | 4 | 2 | 9 | 7 | 19 | 11 | 58 | 56 | 61 | 50 | 54 | 34 | 38 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.5% | 5.4% | 4.3% | 8.5% | 8.2% | 7.7% | 12.7% | 8.1% | 7.7% | 6.4% | 6.1% | 4.5% | 7.1% | 1.5% | - | - |
| Profit As % Of Assets | 13.1% | 11.6% | 10.2% | 17.9% | 21.5% | 19.8% | 37.9% | 27.9% | 36.0% | 35.4% | 29.2% | 15.9% | 19.1% | 2.6% | - | - |
| Profit As % Of Networth | 15.1% | 13.3% | 11.7% | 20.4% | 24.7% | 22.7% | 43.3% | 33.9% | 37.3% | 43.7% | 39.2% | 24.0% | 30.0% | 4.9% | - | - |
| Interest Cost to EBITDA % | 0.6% | 1.0% | 1.3% | 0.7% | 1.0% | 1.2% | 0.7% | 1.6% | 1.5% | 1.5% | 3.9% | 7.8% | 9.1% | 53.2% | - | - |
| Debt to Equity Ratio | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.03 | 0.03 | 0.22 | 0.31 | 0.49 | 0.53 | 0.78 | 0.51 | 0.56 |
| RONW | 17.7% | 15.7% | 13.4% | 22.5% | 29.6% | 27.4% | 56.0% | 42.8% | 46.2% | 52.4% | 45.8% | 27.6% | 33.6% | 5.0% | - | - |
| ROCE | 23.9% | 21.4% | 17.7% | 28.6% | 36.8% | 37.8% | 81.9% | 61.5% | 63.1% | 64.1% | 50.9% | 28.6% | 31.8% | 8.5% | 0.8% | -2.6% |