Avanti Feeds FY26 Results, Dividend, Management Reappointments

Date: May 29, 2026 (Revised), May 28, 2026 (Original)

Dr. A. Indra Kumar

Designation: Chairman & Managing Director
Type of change: Re-appointment
Effective date and term: 01st July 2026 to 30th June 2031 (5-year term)
Profile: Started career managing 100% EOU Srinivasa Cystine Pvt Ltd in 1986 as General Manager, became MD in 2002. Currently leads India's largest integrated aquaculture company with over 50% market share in shrimp feed. Instrumental in developing quality shrimp feed industry and establishing export markets in USA, Europe, Canada & Japan.
Relationship: Father of Sri A. Venkata Sanjeev (Executive Director) and Sri A. Nikhilesh (Non-executive Director)

Sri C. Ramachandra Rao

Designation: Joint Managing Director & Company Secretary
Type of change: Re-appointment
Effective date and term: 01st April 2027 to 31st March 2032 (5-year term)
Profile: Qualified Chartered Accountant and Company Secretary Graduate with 50+ years experience including Government and Public Sector. Instrumental in company's growth since inception, held positions of Executive Director, CS, CFO. Associated with Group Companies for 42 years.
Relationship: None of the directors are inter-se related

Sri C. Ramachandra Rao CFO Relinquishment

Designation: Chief Financial Officer
Type of change: Relinquishment
Effective date: 31st May 2026
Reason: Part of succession planning and pre-occupation with work relating to establishment of new projects and framing Corporate Policies of the Group

Mrs. B. Santhi Latha Appointment

Designation: Chief Financial Officer
Type of change: Appointment
Effective date: 01st June 2026
Profile: Chartered Accountant with 30 years professional experience, associated with company for over 15 years. Previously General Manager (Finance & Accounts) since July 2020. Expertise across Accounting, Financial Management, Taxation, Audit, Risk, Budgeting, CSR Operations, and HR Management. Established Risk & Compliance Department in 2011-12.

Type: Final Dividend
Financial Year: 2025-2026 (ended March 31, 2026)
Amount: ₹10 per equity share of face value ₹1 each
Status: Recommended by Board, subject to shareholder approval at forthcoming AGM
Payment: To be credited within specified timelines as per Companies Act, 2013

The Board at its meeting held on May 28, 2026 approved:

1. Audited Standalone and Consolidated Financial Results for quarter and year ended March 31, 2026

2. Final dividend recommendation of ₹10 per share for FY26

3. Payment of Commission to Non-Executive Directors to extent of 1% of profits or ₹1.00 crore (maximum ₹1.00 crore) for period FY2026-27 to FY2030-31

4. Re-appointment of Dr. A. Indra Kumar as Chairman & MD for 5 years from July 2026

5. Re-appointment of Sri C. Ramachandra Rao as JMD & CS for 5 years from April 2027

6. Relinquishment of Sri C. Ramachandra Rao from CFO role and appointment of Mrs. B. Santhi Latha as CFO from June 2026

7. Annual General Meeting to be held on Friday, 14th August 2026 through VC/OAVM

Consolidated Financial Results (₹ in lakhs)

| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |

| Total Revenue | 1,51,620.02 | 1,44,657.67 | 6,06,728.72 | 5,60,032.20 |

| Net Profit | 13,885.55 | 16,347.36 | 55,786.20 | 49,229.98 |

| EPS (₹) | 9.19 | 10.96 | 44.48 | 38.81 |

Standalone Financial Results (₹ in lakhs)

| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |

| Revenue from Operations | 1,06,778.48 | 99,319.78 | 4,53,834.56 | 4,41,909.45 |

| Net Profit | 10,692.49 | 12,888.09 | 55,786.20 | 49,229.98 |

| EPS (₹) | 7.85 | 9.46 | 39.48 | 36.13 |

Key Financial Highlights:

Consolidated FY26 Revenue: ₹6,06,728.72 lakhs vs FY25: ₹5,60,032.20 lakhs
Consolidated FY26 Net Profit: ₹55,786.20 lakhs vs FY25: ₹49,229.98 lakhs
Standalone FY26 Revenue: ₹4,53,834.56 lakhs vs FY25: ₹4,41,909.45 lakhs
Standalone FY26 Net Profit: ₹55,786.20 lakhs vs FY25: ₹49,229.98 lakhs
Exceptional item: ₹1,297.08 lakhs impairment loss on investment in Patikari Power Private Limited (associate)
Labour Code impact: ₹109.43 lakhs additional provision for gratuity and leave encashment (consolidated)

Segment Performance (Consolidated FY26):

Discontinued Operations:

Wind Power segment discontinued during the year as part of strategy to streamline non-core assets
Sale of windmill assets completed, no material impact on ongoing operations
FY26 discontinued operations revenue: ₹142.90 lakhs, profit: ₹104.71 lakhs

Exceptional Item:

Impairment loss of ₹1,297.08 lakhs on investment in Patikari Power Private Limited
Due to cloudburst on July 1, 2025 that destroyed major infrastructure of 16 MW hydel power plant in Himachal Pradesh

Labour Code Implementation:

Effective November 21, 2025, Government consolidated labour legislations into four Labour Codes
Incremental financial impact of ₹109.43 lakhs recognized as employee benefit expense for gratuity and leave encashment

Subsidiaries and Associates:

Consolidated results include: Avanti Frozen Foods (60%), Srivathsa Power (100%), Avanti Pet Care (60%), Sealuxe B.V. Netherlands (100%), Patikari Power (26.89% associate)