Avanti Feeds Ltd (Avanti) is a manufacturer and exporter of aqua feeds. The company manufactures and markets feed for prawn, shrimp and fish. Avanti’s shrimp processing & exports product portfolio includes raw shrimps, shrimp rings, fish meals, cooked shrimps, skewers, marinated products. It markets products under Profeed, Mermaid, 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 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
1,357
Industry
Agriculture and Forestry
Ticker Symbol & Exchange
AVANTIFEED (NSE)
Revenue (2023)
$648.3M
1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
25.8%
(2023 vs 2022)
Market Cap*
$814.3M
Net Profit Margin (2023)
XYZ
24.6%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fish Meals | Technical Service | Profeed |
| Skewers | Titan | |
| Raw Shrimps | Manamei | |
| 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 |
|---|---|---|
| 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. |
| 2018 | Corporate Changes/Expansions | The company announced plans to set up shrimp hatchery unit of 400 MT capacity per annum in phased manner. |
Competitor Comparison
| Key Parameters | Avanti Feeds Ltd | Apex Frozen Foods Ltd | Waterbase Ltd | Castlerock Fisheries Ltd | GROBEST Feeds Corporation (India) Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Hyderabad | East Godavari | Chennai | Navi Mumbai | Chennai |
| State/Province | Telangana | Andhra Pradesh | Tamil Nadu | Maharashtra | Tamil Nadu |
| No. of Employees | 1,357 | 2,611 | 290 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alluri Indra Kumar | Managing Director; Chairman | Executive Board | - | - |
| C. Ramachandra Rao | Joint Managing Director; Chief Financial Officer; Secretary; Director | Executive Board | - | - |
| J. V. Ramudu | Director | Non Executive Board | 2018 | 69 |
| N. Ram Prasad | Director | Non Executive Board | 1993 | - |
| A Venkata Sanjeev | Director | Non Executive Board | 2019 | 32 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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