Avanti Feeds

Avanti Feeds reported Q3Current reported value: 3. No comparable prior figure is available in the source record. FY26 consolidated gross income of ₹1,447 croreCurrent reported value: ₹1,447 crore. No comparable prior figure is available in the source record., up 3% YoY but down 13Current reported value: 13. No comparable prior figure is available in the source record.% sequentially, reflecting seasonal feed volume decline. PBT grew 21% YoY to ₹222 croreCurrent reported value: ₹222 crore. No comparable prior figure is available in the source record., aided by lower raw material costs in feed and improved realizations in processing. Feed division PBT margin was 16% for 9M FY26, but management expects full-year PBT margin to moderate to 14.5-15%Current reported value: 14.5-15%. No comparable prior figure is available in the source record. due to rising fish meal and soybean meal prices. Processing division saw 39% YoY revenue growth, driven by higher volumes and better realizations. The US tariff situation has improved with the removal of IEEPA-based duties, though a 10% import surcharge remains. Pet care sales reached ₹1.36 croreCurrent ₹1.36 crore. Reported change: +43% QoQ. in Q3, with a manufacturing facility under development. Guidance for FY27 is preliminary, with expectations of 10%+ feed volume growth. Key risk: sustained raw material inflation could compress margins in Q4.