Avanti Feeds Limited · NSE:AVANTIFEED
Avanti Feeds — Q3 FY2025 Earnings Presentation
24 slides from Avanti Feeds's earnings presentation, Feb 22, 2025
Slide 1: Exchange filing cover letter for Q3 FY2025 results presentation
February 22, 2025 To To BSE Limited, National Stock Exchange of India Ltd., 1st Floor, New Trading Ring, Exchange Plaza, Rotunda Building, P.J. Towers, Bandra (East), Dalal Street, Mumbai – 400001, Mumbai – 400051, Maharashtra, India. Maharashtra, India. BSE Code: 512573 NSE Code: AVANTIFEED Dear Si
Slide 2: Avanti Feeds Ltd Q3 & 9MFY25 Result Presentation
AVANTI FEEDS LTD Q3 & 9MFY25 Result Presentation
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Avanti Feeds Limited based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairn
Slide 4: Index
Index RESULT HIGHLIGHTS 4 OPERATIONAL HIGHLIGHTS 11 THE PATH FORWARD 14 FINANCIAL STATEMENT 18 ANNEXURE 22 3
Slide 5: Result Highlights
RESULT HIGHLIGHTS
Slide 6: Quarterly Consolidated Highlights
Quarterly Consolidated Highlights REVENUES (INR mn) EBITDA (INR mn) EBITDA (%) PAT PAT (%) 417 366 9% 53% 69% bps bps 13,65 8 10.3% 1,995 14.6% 12,53 2 1,408 10.4% 1,307 6.6% 833 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 5
Slide 7: 9M Consolidated Highlights
9M - Consolidated Highlights REVENUES (INR mn) EBITDA (INR mn) EBITDA (%) PAT PAT (%) 304 258 3.5% 34% 42% bps bps 5,718 42,271 13.5% 9.5% 3,999 40,854 4,284 2,812 10.5% 6.9% 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 6
Slide 8: Quarterly & 9M Results Snapshot
Quarterly & 9M Results Snapshot Consol Profit & Loss (Rs mn) Q3FY25 Q3FY24 Y-o-Y Q2FY25 Q-o-Q 9MFY24 9MFY25 Y-o-Y Segment Revenues Q3FY25 sales registered a growth of 9% YoY, Shrimp Feed 10,447.5 9,322.8 12.1% 10,793.2 -3.2% 32,902.9 33,966.5 3.2% 1 Shrimp Processing 3,210.2 3,209.5 0.0% 2,757.7 16.
Slide 9: An aim to Strengthen the Aquaculture Industry
An aim to Strengthen the Aquaculture Industry Key Highlights • Budget Allocation: The government has allocated ₹2,704cr towards the fisheries sector. This allocation has been higher by 3% than the previous year number. • ₹2,465cr is designated for the Pradhan Mantri Matsya Sampada Yojana (PMMSY) a 4
Slide 10: Management Commentary on Q3FY25
Management Commentary on Q3FY25 Shrimp Feed In Q3FY25 - Shrimp feed revenues registered a strong growth of 12% YoY to ₹10,448 million, driven by a 14% YoY volume growth. EBITDA margins improved by 753 basis points at 16.5% on the back of higher utilization levels during Q3FY25. Shrimp Processing & E
Slide 11: Processed Shrimp Exports – Asia & EU Export Share
Processed Shrimp Exports – (% Asia & EU Export Share continues to gain traction in Q3FY25) Q3FY24 Q2FY25 Q3FY25 6% 14% 10% 12% North America North America North America Europe 24% 17% Europe Europe Asia 69% Asia 66% Asia 82% FY22 FY23 FY24 6% 6% 8% 11% 11% North America North America North America 1
Slide 12: Segmental Quarterly Metrics
Segmental Quarterly Metrics – Consistently strong margins in the Shrimp Feeds business over the past 6 quarters. Shrimp Feed Revenues Processed Shrimp Revenues 3,500 19% 20% 13,249 17% 15,000 18% 2,939 3,013 3,210 3,210 13,057 16% 18% 12,726 14% 16% 15% 16% 13% 2,868 13,000 13% 15% 14% 14% 10,384 3,
Slide 13: Operational Highlights
OPERATIONAL HIGHLIGHTS
Slide 14: Operational Highlights - Quarterly
Operational Highlights - Quarterly Particulars Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Production (MT) Shrimp Feed 105,764.0 105,108.0 163,610.0 128,367.0 115,018.0 132,079.0 153,293.0 134,476.0 130,284.0 Shrimp Processing 2,550.0 2,609.0 3,285.0 3,643.0 3,398.0 2,920.0 4,524.
Slide 15: Operational Highlights – Fiscals & 9M
Operational Highlights – Fiscals & 9M Particulars FY18 FY19 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 Production (MT) Shrimp Feed 428,452 419,472 487,402 472,234 536,798 501,621 539,074 406,995.0 418,053.0 Shrimp Processing 9,105 11,384 13,745 12,224 12,860 11,959 13,246 10,326.0 12,412.0 Sales (MT) Sh
Slide 16: The Path Forward
| THE PATH FORWARD
Slide 17: Company Highlights – Q3FY25
Company Highlights – Q3FY25 Shrimp Feed • Shrimp Feed sales in Q3FY25 was 1,32,049 MT an increase of 15,713 MT from Q3FY24 registering a strong growth of 14% YoY • The recent budgetary (2025-26) allocation towards the fisheries sector was an increase of 3.3% rise to ₹2,703.7 crore to enhance and str
Slide 18: Financial Statements
FINANCIAL STATEMENTS
Slide 19: Profit & Loss Statement - Quarterly
Profit & Loss Statement - Quarterly Consolidated Profit & Loss (INR Mn) Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Income from Operations 11,025.8 10,930.0 15,536.6 12,784.9 12,532.3 12,835.1 15,062.7 13,550.9 13,657.7 Other Income 291.7 240.5 325.8 335.2 337.2 364.5 346.9 417.7
Slide 20: Profit & Loss Statement – Fiscals & 9M
Profit & Loss Statement – Fiscals & 9M Consolidated Profit & Loss (INR mn) FY19 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 Income from Operations 34,877.8 41,152.9 41,005.6 50,359.6 50,869.9 53,688.9 40,853.8 42,271.2 Other Income 538.3 702.3 925.8 816.7 920.2 1,362.7 998.2 1,155.9 Total Income 35,416.1
Slide 21: Balance Sheet & Key Ratios
Balance Sheet & Key Ratios Consolidated Balance Sheet (INR mn) FY19 FY20 FY21 FY22 FY23 FY24 Share capital 136 136 136 136 136 136 Reserves and Surplus 13,437 15,811 19,759 21,338 23,632 26,893 Non-current liabilities 376 218 193 178 347 584 Current liabilities 2,199 2,634 2,734 3,510 3,231 3,369 To
Slide 22: Annexure
i av a, ia : <a. See Pa eee. . ee iN : & | ANNEXURE
Slide 23: Stock Information
Stock Information • Market cap (INR) – ~89 bn (As on 18th Feb 2025) • BSE code: 512573 • Shares outstanding – 136 mn (As on 31st Dec,2024) • NSE code: AVANTIFEED Shareholding Pattern as on 31st Dec, 2024 Relative stock price vs BSE Sensex 200 As on 18th Feb, 2025 18.7% 150 158 100 128 8.2% 43.2% 50
Slide 24: Thank You!
THANK YOU! Ms. Lakshmi Sharma +91-40-23310260 investors@avantifeeds.com G2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad – 500082 Telangana, India