Avanti Feeds Ltd

- The company has purchased and converted approximately 30 acres of land near Hyderabad from agriculture to non-agriculture use for a proposed state-of-the-art manufacturing facility. - Presently, survey and land development for construction are in progress. - Construction for this new facility is planned to commence by the end of the year, after obtaining necessary government approvals. - Currently, there are no immediate plans for expansion due to market volatility. - Management intends to monitor the market throughout the year and make expansion decisions in Q4 based on clarity on future prospects. - Focus remains on pet care and other diversified product lines for the time being.

- Company targets shrimp feed production and sales of approximately 5.6 lakh metric tons in FY26, similar to previous year levels. - Shrimp exports are expected to reach around 17,000 metric tons in FY26. - Despite heavy rains and tariffs, shrimp production and feed consumption are expected to remain stable or slightly better. - Management expects recovery and normalization in shrimp export markets including the U.S., with ongoing diversification into other global markets like Japan, Europe, Canada, and Middle East. - Domestic shrimp market development is a key focus, aiming to increase consumption in India’s large population. - The company aims to grow value-added shrimp products, which offer better margins. - Short-term impacts due to tariffs and monsoon season are acknowledged, but growth outlook remains positive with strategic market diversification and government support. - Pet care business is targeted at INR 10 crore revenue this year.

- The company expects shrimp feed sales volume of around 5.6 lakh metric tons for FY26, similar to the previous year, indicating stable production and sales. - The shrimp export volume is estimated to increase to about 17,000 metric tons in FY26. - Operating margins are expected to normalize to around 10-12%, considering the volatility in raw material prices. - Short-term impact of U.S. tariffs on revenues is limited, with potential impact expected in Q4 FY26 if tariffs persist. - Management is focusing on market diversification beyond the U.S. to Japan, Europe, Canada, and others to mitigate tariff impacts. - Pet care segment has a revenue target of INR 10 crore for the current year, indicating growth plans in this diversification area. - Overall, management expresses cautious optimism with stable margins and continued growth, pending resolution of tariff issues and raw material price stabilization.

- The transcript does not provide specific details on the current or expected order book or pending orders for Avanti Feeds Limited. - There is no explicit mention of current order backlog or pending orders during the Q1FY26 results conference call dated August 29, 2025. - The company is focusing on steady feed sales volumes with a target of 5.6 lakh metric tons for the year. - Export orders to the U.S. are impacted by tariffs but the company continues to ship to maintain revenue. - Diversification into other export markets (Japan, Korea, EU, Middle East) and domestic markets is ongoing but no quantitative order book data is disclosed. - The company hopes for normalization of trade relations, which may influence future order flows. - Pet care segment revenue target is INR 10 crore for FY26, indicating new business development but no order backlog figures shared.

- There are no immediate plans for expansion or new fundraising through debt or equity at present. - The company is monitoring market volatility this year and intends to take any expansion or fundraising decisions in Q4 FY26 after assessing future prospects. - Current focus is on other pet care and diversified products rather than aggressive expansion or capital raising. - No specific mention of any ongoing or planned debt or equity issuance was made in the Q1 FY26 conference call.