Avanti Feeds reports strong Q1 FY26 results with surge in PAT

Avanti Feeds Limited released its investor presentation for Q1 FY26 results, reporting a 6.9% year-on-year increase in consolidated revenues to INR 16,064 Mn, primarily due to strong volume growth in shrimp processing and export business. Profit After Tax (PAT) surged by 35% year-on-year to INR 1,857 Mn, with margins at 11.6%, and Earnings Per Share (EPS) grew to 13.1 per share from 9.4.

Shrimp processing revenue showed significant growth, increasing by 59% year-on-year to INR 3,712 Mn in Q1 FY26, driven by a 52% volume increase, higher average selling prices, and favorable foreign exchange rates. However, the EBITDA margin for shrimp processing declined to 9% from 15% in Q1 FY25, mainly due to countervailing duty (CVD) and higher raw material prices. Shrimp feed revenues grew 20% quarter-on-quarter to INR 12,352 Mn.

The company's EBIT rose by 37.8% year-on-year to INR 2,485 Mn, significantly aided by a 45.9% increase in other income, reaching INR 506.3 Mn.