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Avanti Feeds Ltd (Avanti) is a manufacturer and exporter of aqua feeds. The company manufactures and markets feed for prawns, shrimp and fish. Its shrimp processing and export product portfolio includes raw shrimps, shrimp rings, fish meals, cooked shrimps, skewers, and marinated products. Avanti markets products under Profeed, Prostar, Titan and Manamei brand names. The company markets shrimp feeds in the Indian states of Andhra Pradesh, Tamil Nadu, Gujarat, West Bengal, Odisha, Maharashtra, Karnataka and Goa. Avanti has a business presence in Europe, Japan, China, the US and the Middle East. Avanti is headquartered in Hyderabad, Telangana, India.
Headquarters
India
Address
6-3-658, G-2, Concorde Apartment, Somajiguda, Hyderabad, Telangana, 500082
Website
www.avantifeeds.com
Telephone
91 40 23310260
No of Employees
1,548
Industry
Agriculture and Forestry
Ticker Symbol & Exchange
AVANTIFEED (NSE)
Revenue (2024)
$670.8M
4.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
48.1%
(2024 vs 2023)
Market Cap*
$1.4B
Net Profit Margin (2024)
XYZ
41.7%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fish Meals | Technical Service | Profeed |
| Skewers | Titan | |
| Raw Shrimps | Prostar | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company awarded an order worth INR15.25 Crores to Mukka Proteins to deliver Fish Oil. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired 50.01% of shares in Srivathsa Power Projects from Asia Infrastructure. |
| 2018 | Corporate Changes/Expansions | The company opened a new shrimp processing and exporting unit in Yerravaram, Andhra Pradesh, India. |
Competitor Comparison
| Key Parameters | Avanti Feeds Ltd | Godrej Agrovet Ltd | Mukka Proteins Ltd | Apex Frozen Foods Ltd | Waterbase Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Hyderabad | Mumbai | Mangalore | East Godavari | Chennai |
| State/Province | Telangana | Maharashtra | Karnataka | Andhra Pradesh | Tamil Nadu |
| No. of Employees | 1,548 | 2,693 | 314 | 3,168 | 226 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alluri Indra Kumar | Chairman; Managing Director | Executive Board | - | - |
| C. Ramachandra Rao | Chief Financial Officer; Compliance Officer; Director; Joint Managing Director; Secretary | Executive Board | - | - |
| Jasthi Venkata Ramudu | Chairman | Non Executive Board | 2018 | - |
| N. Ram Prasad | Director | Non Executive Board | 1993 | - |
| N. V. D. S. Raju | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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