Multibagger penny inventory: Regardless of steep declines within the Indian inventory market, one inventory which stay unaffected was Avanti Feeds. The inventory has confirmed to be wealth creating machine for its long-term buyers by delivering multibagger returns.
Let’s check out the share worth historical past of Avanti Feeds. Within the final 15 years, Avanti Feeds shares have skyrocketed from ₹1.52 to ₹830 presently after the worth adjustment post-bonus shares in 2018, delivering return of 54,505 per cent.
To place it in perspective, an funding of ₹1 lakh made 15 years in the past within the inventory and held over time would have grown considerably to ₹5.46 crore. This might have been much more however whereas making this calculation, we’ve not taken the post-bonus profit as Avanti Feeds traded ex-date on 20 June 2018 for issuance of bonus shares in a 1:2 ratio.
Avanti Feeds inventory motion
Avanti Feeds share worth rallied over 2.97 per cent on Monday’ buying and selling session, touching an intraday excessive to ₹842 apiece on Bombay Inventory Change (BSE).
In long-term, Avanti Feeds inventory has risen over 161 per cent within the final 5 years. The inventory has gained as a lot as 58.46 per cent in final one yr.
The inventory has attracted short-term buyers as effectively. Avanti Feeds shares have ascended over 19 per cent in over six months. In the meantime, it has gained almost 11 per cent in a month.
By way of year-to-date (YTD), the inventory has surged 22.44 per cent, rising from ₹670.65 to the present market worth.
Avanti Feeds monetary overview
Avanti Feeds reported an 86.5 per cent year-on-year (YoY) improve in web revenue, reaching ₹135.2 crore for the quarter ending December 2024, pushed by increased margins and improved operational efficiencies.
Income rose 9 per cent YoY to ₹1,365.8 crore, supported by regular demand for its shrimp feed and seafood export enterprise.
In Q3 FY25, consolidated income grew 9 per cent YoY, fueled by a 14 per cent rise in feed phase volumes. Though shrimp export volumes declined by 4 per cent YoY, the impression was offset by improved shrimp costs and favorable overseas alternate charges.
Operationally, Avanti Feeds’ EBITDA soared 65.4 per cent year-on-year to ₹160.4 crore, whereas its margins considerably expanded to 11.7 per cent for the quarter, pushed by value efficiencies and improved realizations.
Avanti Feeds is a outstanding producer of shrimp feed, with a producing capability of seven,75,000 MT, and a shrimp processing and export operation dealing with 29,000 MT. The corporate provides a number of worldwide markets, together with Europe, Japan, Korea, China, Russia, Canada, and the Center East. It has a strategic partnership with Thailand’s Thai Union Group and continues to thrive attributable to robust world demand.
Disclaimer: This story is for academic functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise buyers to verify with licensed specialists earlier than making any funding choices.
