Avanti Feeds Ltd, established in 1993 by the late Sri Alluri Venkateswara Rao, is a leading name in the aquaculture industry and India’s largest producer and exporter of shrimp feed. The company offers a diverse range of products, including grow-out feed, broodstock feed, hatchery feed, and processed seafood, such as frozen shrimp. With a strong global presence, Avanti Feeds caters to international markets, including Europe, Japan, Korea, China, Russia, Canada, and the Middle East, solidifying its position as a trusted partner in the seafood and aquaculture sectors.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 43.28% | 43.25% | 43.23% | 43.23% | 43.23% |
| FIIs + | 13.47% | 14.11% | 14.28% | 14.40% | 14.47% |
| DIIs + | 8.64% | 7.47% | 6.41% | 5.82% | 5.49% |
| Government + | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% |
| Public + | 31.88% | 32.44% | 33.36% | 33.85% | 34.10% |
| No. of Shareholders | 1,08,983 | 1,10,902 | 1,21,268 | 1,41,006 | 1,42,103 |
The shareholding pattern of Avanti Feeds demonstrates notable trends between December 2023 and December 2024. Promoters consistently held a majority stake, starting at 43.28% in December 2023 and slightly decreasing to 43.23% by December 2024. Foreign Institutional Investors (FIIs) showed increased confidence in the company, with their holdings rising from 13.47% in December 2023 to 14.47% by the end of 2024. In contrast, Domestic Institutional Investors (DIIs) gradually reduced their stake from 8.64% to 5.49% over the same period. The government’s stake remained steady at 2.72% throughout the year. Public shareholding increased significantly from 31.88% in December 2023 to 34.10% in December 2024, reflecting growing retail investor interest. Additionally, the number of shareholders surged from 1,08,983 to 1,42,103, showcasing expanding investor participation in Avanti Feeds.
Below are the trading platforms that you can use to purchase Avanti Feeds shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| February 2025 | 802.99 | 617.68 |
| March 2025 | 819.85 | 630.66 |
| April 2025 | 811.73 | 624.41 |
| May 2025 | 788.09 | 606.22 |
| June 2025 | 823.56 | 633.50 |
| July 2025 | 807.41 | 621.08 |
| August 2025 | 832.38 | 640.29 |
| September 2025 | 842.37 | 647.98 |
| October 2025 | 864.27 | 664.82 |
| November 2025 | 885.88 | 681.44 |
| December 2025 | 925.74 | 712.11 |
As we move through 2025, the shares of Avanti Feeds are anticipated to exhibit notable price movements. By February 2025, the maximum share price could reach ₹802.99, while the minimum might be around ₹617.68. As the year progresses, fluctuations are expected, with October 2025 potentially achieving a maximum share price of ₹864.27 and a minimum of ₹664.82. Finally, as we move into December 2025, the maximum share price might climb to ₹925.74, with the minimum projected at ₹712.11, reflecting a strong year-end performance for Avanti Feeds shares.
| When | Maximum Price | Minimum Price |
| January 2026 | 953.51 | 733.47 |
| February 2026 | 929.67 | 715.13 |
| March 2026 | 948.27 | 729.44 |
| April 2026 | 967.62 | 744.32 |
| May 2026 | 958.04 | 736.95 |
| June 2026 | 981.99 | 755.38 |
| July 2026 | 962.74 | 740.57 |
| August 2026 | 992.51 | 763.47 |
| September 2026 | 1,012.36 | 778.74 |
| October 2026 | 1,038.68 | 798.99 |
| November 2026 | 1,064.65 | 818.96 |
| December 2026 | 1,091.27 | 839.44 |
As we step into 2026, the shares of Avanti Feeds are poised for significant price movements throughout the year. In January 2026, the maximum share price is expected to reach ₹953.51, while the minimum could be around ₹733.47. Progressing further, October 2026 might witness a maximum of ₹1,038.68 and a minimum of ₹798.99. Finally, as we step into December 2026, the maximum share price could climb to ₹1,091.27, with the minimum projected at ₹839.44.
| When | Maximum Price | Minimum Price |
| January 2027 | 1,102.18 | 847.83 |
| February 2027 | 1,130.44 | 869.57 |
| March 2027 | 1,174.53 | 903.48 |
| April 2027 | 1,151.50 | 885.77 |
| May 2027 | 1,117.96 | 859.97 |
| June 2027 | 1,168.27 | 898.67 |
| July 2027 | 1,145.36 | 881.05 |
| August 2027 | 1,180.78 | 908.29 |
| September 2027 | 1,222.11 | 940.09 |
| October 2027 | 1,253.89 | 964.53 |
| November 2027 | 1,285.23 | 988.64 |
| December 2027 | 1,317.36 | 1,013.36 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,343.71 | 1,033.62 |
| February 2028 | 1,378.17 | 1,060.13 |
| March 2028 | 1,431.91 | 1,101.47 |
| April 2028 | 1,403.84 | 1,079.87 |
| May 2028 | 1,362.95 | 1,048.42 |
| June 2028 | 1,424.28 | 1,095.60 |
| July 2028 | 1,396.35 | 1,074.12 |
| August 2028 | 1,439.54 | 1,107.34 |
| September 2028 | 1,489.92 | 1,146.10 |
| October 2028 | 1,528.66 | 1,175.89 |
| November 2028 | 1,566.88 | 1,205.29 |
| December 2028 | 1,606.05 | 1,235.42 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,638.17 | 1,260.13 |
| February 2029 | 1,680.18 | 1,292.44 |
| March 2029 | 1,745.70 | 1,342.85 |
| April 2029 | 1,711.47 | 1,316.52 |
| May 2029 | 1,661.62 | 1,278.17 |
| June 2029 | 1,736.40 | 1,335.69 |
| July 2029 | 1,702.35 | 1,309.50 |
| August 2029 | 1,755.00 | 1,350.00 |
| September 2029 | 1,816.43 | 1,397.25 |
| October 2029 | 1,863.65 | 1,433.58 |
| November 2029 | 1,910.24 | 1,469.42 |
| December 2029 | 1,958.00 | 1,506.15 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,997.16 | 1,536.28 |
| February 2030 | 2,048.37 | 1,575.67 |
| March 2030 | 2,128.26 | 1,637.12 |
| April 2030 | 2,086.53 | 1,605.02 |
| May 2030 | 2,025.75 | 1,558.27 |
| June 2030 | 2,116.91 | 1,628.39 |
| July 2030 | 2,075.40 | 1,596.46 |
| August 2030 | 2,139.59 | 1,645.84 |
| September 2030 | 2,214.48 | 1,703.44 |
| October 2030 | 2,272.05 | 1,747.73 |
| November 2030 | 2,328.85 | 1,791.43 |
| December 2030 | 2,387.08 | 1,836.21 |
As we progress into 2030, the shares of Avanti Feeds are projected to experience significant price movements. In January 2030, the maximum share price is anticipated to reach ₹1,997.16, with a minimum of ₹1,536.28. Moving further, October 2030 may see the maximum share price rise to ₹2,272.05 and the minimum to ₹1,747.73. Concluding the year, as we progress into December 2030, the maximum share price is expected to peak at ₹2,387.08, while the minimum could settle at ₹1,836.21.
Financial of Avanti Feeds
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 4,115 | 4,101 | 5,036 | 5,087 | 5,369 | 5,511 |
| Expenses + | 3,659 | 3,639 | 4,722 | 4,692 | 4,909 | 4,925 |
| Operating Profit | 456 | 461 | 314 | 395 | 460 | 586 |
| OPM % | 11% | 11% | 6% | 8% | 9% | 11% |
| Other Income + | 71 | 93 | 54 | 79 | 136 | 153 |
| Interest | 4 | 3 | 4 | 4 | 3 | 2 |
| Depreciation | 38 | 41 | 41 | 43 | 56 | 59 |
| Profit before tax | 485 | 510 | 324 | 427 | 537 | 677 |
| Tax % | 20% | 22% | 24% | 27% | 27% | |
| Net Profit + | 386 | 397 | 245 | 312 | 394 | 512 |
| EPS in Rs | 25.43 | 26.43 | 16.26 | 20.45 | 26.21 | 35.31 |
| Dividend Payout % | 20% | 24% | 38% | 31% | 24% |
Avanti Feeds has demonstrated a mixed financial performance over recent years, reflecting its resilience and adaptability in the aquaculture industry. From March 2020 to the trailing twelve months (TTM), the company’s sales have steadily increased from ₹4,115 crore to ₹5,511 crore, showcasing consistent growth. Similarly, expenses have risen proportionately, from ₹3,659 crore to ₹4,925 crore, leading to variations in the operating profit. Despite challenges, the operating profit margin (OPM%) has improved to 11% in the TTM, recovering from a low of 6% in March 2022.
Net profit has shown significant recovery, growing from ₹245 crore in March 2022 to ₹512 crore in the TTM, while the earnings per share (EPS) rose from ₹16.26 to ₹35.31 over the same period. Avanti Feeds has also maintained a disciplined approach to dividends, with the payout percentage fluctuating between 20% and 38%, reflecting a balance between rewarding shareholders and retaining earnings for growth. This robust financial performance underpins Avanti Feeds’ leading position in the shrimp feed and aquaculture industry.
FAQS
As of February 10th, 2025, the share price of Avanti Feeds is around INR ₹743.
Based on various market analyses and expert opinions, the expected share price target of Avanti Feeds by 2025 is around INR 925.74.
As per our analysis, Avanti Feeds share price target for 2030 would be somewhere between ₹1,536.28 and ₹2,387.08.
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Conclusion
Avanti Feeds Ltd has established itself as a leading player in the aquaculture industry, showcasing consistent growth in sales, improved profitability, and expanding shareholder participation. The company’s robust product portfolio, strong global presence, and strategic focus on innovation have solidified its position in the market.
The shareholding pattern reflects increasing investor confidence, particularly from FIIs and retail investors, despite a marginal reduction in promoter and DII holdings. Financially, the company has demonstrated resilience, with notable recovery in net profit, operating margins, and EPS over recent years. Projected share price movements for 2025 to 2030 indicate strong future performance, making Avanti Feeds a promising prospect for investors in the seafood and aquaculture sectors.
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