Raw material cost inflation
Fish meal prices doubled to ₹240/kg and soya bean meal rose 45% in two months, severely impacting feed margins if price hikes are not fully passed through.
high · management_commentary
Avanti Feeds Limited — Q4 FY26
Avanti Feeds reported Q4 FY26 consolidated gross income of ₹1,516 crore, up 5.86% YoY, but PBT declined 12.8% YoY to ₹184 crore due to rising raw material costs.
neutral
medium
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Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
US tariff refund uncertainty
Refund of $15-20 million in reciprocal tariffs depends on liquidation reviews that may take 12-18 months, with no clarity on timing.
medium · analyst_questionEl Niño impact on agriculture
Potential El Niño conditions could affect soybean and fish meal production, further escalating input costs.
medium · management_commentaryCapacity utilization constraints
Despite installed capacity of 26-28,000 MT, effective utilization is limited by seasonality and raw material availability, capping export growth.
low · analyst_question