Avanti Feeds Ltd Share Price ₹1,060 | P/E 29.7

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Avanti Feeds Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	1,103	1,093	1,554	1,278	1,253	1,284	1,506	1,355	1,366	1,382	1,606	1,609	1,384
Expenses +	1,023	960	1,416	1,185	1,157	1,154	1,346	1,219	1,205	1,205	1,392	1,416	1,208
Operating Profit	80	134	138	94	97	130	160	136	160	177	214	193	176
OPM %	7%	12%	9%	7%	8%	10%	11%	10%	12%	13%	13%	12%	13%
Other Income +	28	20	33	34	34	36	35	42	39	50	51	50	63
Interest	0	1	0	0	0	1	1	1	1	1	1	0	1
Depreciation	11	12	13	14	14	14	14	15	15	15	16	16	16
Profit before tax	96	140	157	113	116	151	180	162	184	211	249	227	222
Tax %	27%	28%	27%	27%	28%	25%	23%	25%	23%	26%	25%	26%	26%
Net Profit +	71	101	115	83	83	113	138	121	141	157	186	169	163
EPS in Rs	4.58	6.85	7.81	5.45	5.32	7.64	9.41	8.34	9.92	11.14	13.09	11.25	10.96

Financials of Avanti Feeds Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	1,093	1,709	1,935	2,616	3,393	3,488	4,115	4,101	5,036	5,087	5,369	5,612	5,981
Expenses +	982	1,526	1,704	2,284	2,708	3,078	3,659	3,639	4,722	4,692	4,909	4,978	5,221
Operating Profit	112	182	231	332	684	410	456	461	314	395	460	634	760
OPM %	10%	11%	12%	13%	20%	12%	11%	11%	6%	8%	9%	11%	13%
Other Income +	4	9	20	23	49	59	71	93	54	79	136	166	214
Interest	4	3	3	5	5	5	4	3	4	4	3	4	2
Depreciation	6	9	10	14	24	36	38	41	41	43	56	59	62
Profit before tax	105	180	238	337	704	428	485	510	324	427	537	738	909
Tax %	34%	35%	33%	33%	34%	28%	20%	22%	24%	27%	27%	24%
Net Profit +	70	116	158	226	466	307	386	397	245	312	394	557	675
EPS in Rs	5.18	8.52	11.56	15.83	32.78	20.08	25.43	26.43	16.26	20.45	26.21	38.81	46.44
Dividend Payout %	19%	22%	20%	19%	12%	20%	20%	24%	38%	31%	26%	23%

Financials of Avanti Feeds Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	9	9	9	9	9	14	14	14	14	14	14	14	14
Reserves	170	256	414	626	1,022	1,192	1,390	1,748	1,882	2,082	2,352	2,787	2,997
Borrowings +	56	58	11	19	7	9	2	4	4	3	17	15	15
Other Liabilities +	163	154	189	414	488	400	475	517	617	636	716	867	1,210
Total Liabilities	398	478	623	1,069	1,526	1,615	1,880	2,282	2,516	2,735	3,098	3,683	4,235
Fixed Assets +	78	90	104	160	312	293	271	292	273	398	497	564	591
CWIP	5	0	42	94	2	9	26	6	40	34	9	30	14
Investments	40	111	33	360	584	630	680	1,235	931	1,005	746	1,100	2,111
Other Assets +	276	277	444	454	628	683	903	749	1,272	1,298	1,847	1,988	1,520
Total Assets	398	478	623	1,069	1,526	1,615	1,880	2,282	2,516	2,735	3,098	3,683	4,235

Financials of Avanti Feeds Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	56	89	122	278	281	184	178	383	-212	451	260	584
Cash from Investing Activity +	-39	-84	18	-408	-269	-27	-79	-366	299	-418	-218	-485
Cash from Financing Activity +	-13	-12	-74	101	-45	-106	-141	15	-68	-65	-63	-86
Net Cash Flow	4	-6	66	-30	-34	51	-42	31	18	-32	-21	14
Free Cash Flow	20	73	56	187	201	160	144	340	-267	292	129	437
CFO/OP	81%	82%	84%	116%	76%	80%	62%	110%	-44%	137%	87%	118%

Financials of Avanti Feeds Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	15	7	7	3	5	5	8	6	8	9	10	9
Inventory Days	84	59	68	63	79	51	61	63	85	71	75	75
Days Payable	51	24	34	44	43	24	24	27	26	25	27	34
Cash Conversion Cycle	48	42	41	22	41	32	44	42	67	55	57	50
Working Capital Days	19	15	28	15	29	25	36	34	57	45	48	39
ROCE %	52%	65%	62%	57%	74%	33%	32%	26%	15%	18%	20%	24%