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.
AVANTIFEED / bear-case history
Track the concerns that keep returning.
Avanti Feeds · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
high
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.
El Niño impact on agriculture
Potential El Niño conditions could affect soybean and fish meal production, further escalating input costs.
Capacity utilization constraints
Despite installed capacity of 26-28,000 MT, effective utilization is limited by seasonality and raw material availability, capping export growth.