Avanti Feeds Q4 FY26 Revenue Rises 5.9% YoY

Event Type: Post-earnings audio conference call for Investors/Analysts held in connection with Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.
Event Date/Time: June 12, 2026, at 16:00 Hrs (IST), with a duration of 49 minutes and 18 seconds.
Purpose: To review the audited financial results for Q4 FY26 and the year ended March 31, 2026, including divisional performance updates and future outlook.
Management Participants:
Mr. C. Ramachandra Rao, Joint Managing Director, Avanti Feeds Ltd.
Mr. A Venkata Sanjeev, Executive Director, Avanti Feeds Ltd.
Mr. Alluri Nikhilesh, Executive Director, Avanti Frozen Foods Pvt. Ltd.
Mrs. Santhi Latha, Chief Financial Officer, Avanti Feeds Ltd.
Mr. D. V. S. Satyanarayana, Chief Financial Officer, Avanti Frozen Foods Pvt. Ltd.
Mr. K. Srinivas Reddy, Chief Financial Officer, Avanti Pet Care Pvt. Ltd.
Availability: The transcript was submitted to exchanges on June 15, 2026, and is available on the company website at https://avantifeeds.com/corporate-announcement/#Investor-Analyst-Corner.
Compliance: The call discussed published financial results; no indication of sharing unpublished price sensitive information (UPSI) was mentioned.

Consolidated Performance Q4 FY26:

Gross Income: ₹1,515 crores (up 4.77% from Q3 FY26 ₹1,447 crores; up 5.86% from Q4 FY25 ₹1,432 crores)
PBT: ₹184 crores (down 17.12% from Q3 FY26 ₹222 crores; down 12.8% from Q4 FY25 ₹211 crores)

Consolidated Performance FY26:

Standalone Feed Division Q4 FY26:

Gross Income: ₹1,068 crores (up from Q3 FY26 ₹993 crores; marginally up from Q4 FY25 ₹1,067 crores)
PBT: ₹139 crores (down 19% from Q3 FY26 ₹172 crores; down 28% from Q4 FY25 ₹194 crores)
Feed Sales: 1,23,725 MT (up from Q3 FY26 1,18,127 MT; down from Q4 FY25 1,29,711 MT)

Standalone Feed Division FY26:

Raw Material Price Trends (per kg):

Shrimp Processing & Export Division (Avanti Frozen Foods) Q4 FY26:

Gross Income: ₹446 crores (down 2% from Q3 FY26 ₹455 crores; up 22% from Q4 FY25 ₹364 crores)
PBT: ₹48 crores (down from Q3 FY26 ₹52 crores; up significantly from Q4 FY25 ₹18 crores)

Shrimp Processing & Export Division FY26:

Gross Income: ₹1,741 crore (up 43% from FY25 ₹1,220 crore)
PBT: ₹178 crore (up significantly from FY25 ₹86 crore)
Export Volume: 16,976 MT (up 20% from FY25 14,149 MT); Target for FY27: ~19,000 MT

Pet Care Business (Avant Furst brand) Q4 FY26:

Sales: ₹151 lakhs (up from Q3 FY26 ₹136 lakhs)
Market Presence: 31 distributors across 13 cities, available on Amazon and Supertails
Expansion: Land acquired near Hyderabad for manufacturing facility; development works in progress

Indian Seafood Exports: Reached all-time high of USD 8.546 billion in FY2526, with frozen shrimp contributing 66% of value.
Global Shrimp Export Trends (FY2526): Total frozen shrimp exports 7,92,647 MT worth USD 5,624.48 million. Key markets: USA (2,56,128 MT, down 17.9% YoY), China (1,69,505 MT, up 24% YoY), EU (1,35,599 MT, up 36% YoY), Japan (40,776 MT, up 5% YoY).
Feed Market Outlook: Based on estimated shrimp production of 8-9 lakh MT in CY2026, feed consumption estimated at 11-12 lakh MT. Company targets feed sales of ~5,80,000 MT in FY27.
Raw Material Challenges: Unprecedented price increases in fish meal (doubled to ₹240/kg in two months) and soybean meal (up 45%) due to Gulf War impact and El Nino threats. Company preparing for feed price hikes.
US Tariff Refunds: Following US Supreme Court ruling invalidating IEEPA tariffs, company expects refunds of USD 15-20 million for duties paid since April 1, 2025. Avanti Frozen Foods is importer of record and has established US account for refund processing.

The document is an edited transcript of the conference call submitted to stock exchanges as a regulatory disclosure.
No new financial data beyond the published results was disclosed in this announcement.
The transcript includes Q&A sessions with analysts from Kotak Mutual Fund and Equirus Securities, and an individual investor.