Avanti Feeds (AVANTIFEED) | Financial Analysis & Statements
Avanti Feeds Ltd. Mid-cap Consumer Defensive
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
16.1B
Gross Profit
4.4B
27.42%
Operating Income
2.0B
12.32%
Net Income
1.9B
11.56%
EPS (Diluted)
₹13.09
Balance Sheet Metrics
Total Assets
36.8B
Total Liabilities
5.1B
Shareholders Equity
31.7B
Debt to Equity
0.16
Cash Flow Metrics
Operating Cash Flow
4.0B
Free Cash Flow
3.2B
Revenue & Profitability Trend
Quarter Income Flow
Jun 30, 2025
Annual Income Flow
2025
Avanti Feeds Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 55.4B | 53.1B | 50.4B | 49.8B | 40.7B |
| Cost of Goods Sold | 44.3B | 44.6B | 42.5B | 43.5B | 33.1B |
| Gross Profit | 11.1B | 8.5B | 7.8B | 6.3B | 7.6B |
| Gross Margin % | 20.1% | 16.1% | 15.6% | 12.6% | 18.7% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 1.5B | 1.1B | 1.3B | 1.2B | 1.1B |
| Other Operating Expenses | 1.5B | 1.4B | 1.3B | 1.3B | 913.4M |
| Total Operating Expenses | 3.0B | 2.5B | 2.6B | 2.5B | 2.0B |
| Operating Income | 5.8B | 4.1B | 3.5B | 2.6B | 4.2B |
| Operating Margin % | 10.4% | 7.6% | 7.0% | 5.2% | 10.4% |
| Non-Operating Items | |||||
| Interest Income | 805.5M | 665.9M | 269.7M | 87.6M | 67.7M |
| Interest Expense | 14.5M | 5.6M | 3.3M | 6.7M | 8.9M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 7.4B | 5.4B | 4.3B | 3.2B | 5.1B |
| Income Tax | 1.8B | 1.4B | 1.1B | 786.7M | 1.1B |
| Effective Tax Rate % | 24.5% | 26.6% | 26.8% | 24.3% | 22.0% |
| Net Income | 5.6B | 3.9B | 3.1B | 2.5B | 4.0B |
| Net Margin % | 10.1% | 7.4% | 6.2% | 4.9% | 9.8% |
| Key Metrics | |||||
| EBITDA | 7.4B | 5.5B | 4.5B | 3.2B | 4.9B |
| EPS (Basic) | ₹38.81 | ₹26.21 | ₹20.45 | ₹16.26 | ₹26.43 |
| EPS (Diluted) | ₹38.81 | ₹26.21 | ₹20.45 | ₹16.26 | ₹26.43 |
| Basic Shares Outstanding | 136245630 | 136245630 | 136245630 | 136245630 | 136245630 |
| Diluted Shares Outstanding | 136245630 | 136245630 | 136245630 | 136245630 | 136245630 |
Income Statement Trend
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Avanti Feeds Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 261.3M | 125.2M | 336.4M | 654.1M | 470.6M |
| Short-term Investments | 18.9B | 14.2B | 12.1B | 8.2B | 11.2B |
| Accounts Receivable | 1.4B | 1.4B | 1.2B | 1.1B | 665.5M |
| Inventory | 8.8B | 8.9B | 8.1B | 9.9B | 5.6B |
| Other Current Assets | 5.8M | 11.0M | 48.1M | 69.7M | 4.2M |
| Total Current Assets | 29.9B | 25.0B | 22.1B | 20.3B | 18.3B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 950.7M | 850.3M | 583.3M | 449.3M | 435.0M |
| Goodwill | 13.9M | 5.1M | 1.8M | 30.2M | 41.2M |
| Intangible Assets | 13.9M | 5.1M | 1.8M | 30.2M | 41.2M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 64.2M | -2.0K | 1.0K | 1.0K | 1.0K |
| Total Non-Current Assets | 6.9B | 5.9B | 5.2B | 4.9B | 4.5B |
| Total Assets | 36.8B | 31.0B | 27.3B | 25.2B | 22.8B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 4.0B | 3.2B | 2.8B | 3.0B | 2.4B |
| Short-term Debt | 34.2M | 7.4M | 8.6M | 12.1M | 9.8M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 398.7M | 213.9M | 372.4M | 408.3M | 286.8M |
| Total Current Liabilities | 4.5B | 3.5B | 3.2B | 3.5B | 2.7B |
| Non-Current Liabilities | |||||
| Long-term Debt | 117.2M | 157.9M | 21.9M | 28.8M | 29.3M |
| Deferred Tax Liabilities | 331.7M | 302.9M | 175.7M | 0 | 0 |
| Other Non-Current Liabilities | 44.5M | 72.1M | 100.0M | 103.7M | 126.7M |
| Total Non-Current Liabilities | 549.3M | 584.2M | 346.5M | 178.0M | 193.2M |
| Total Liabilities | 5.1B | 4.1B | 3.6B | 3.7B | 2.9B |
| Equity | |||||
| Common Stock | 136.2M | 136.2M | 136.2M | 136.2M | 136.2M |
| Retained Earnings | 24.7B | 20.7B | 18.3B | 16.6B | 15.4B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 31.7B | 26.9B | 23.8B | 21.5B | 19.9B |
| Key Metrics | |||||
| Total Debt | 151.4M | 165.3M | 30.5M | 40.8M | 39.2M |
| Working Capital | 25.4B | 21.5B | 18.9B | 16.8B | 15.5B |
Balance Sheet Composition
Avanti Feeds Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 7.4B | 5.4B | 4.3B | 3.2B | 5.1B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | 235.4M | -1.1B | 1.8B | -5.0B | 166.5M |
| Operating Cash Flow | 6.8B | 3.6B | 5.8B | -1.8B | 5.2B |
| Investing Activities | |||||
| Capital Expenditures | 54.1M | 3.9M | 3.6M | 3.5M | 332.6M |
| Acquisitions | 252.0M | - | - | - | - |
| Investment Purchases | -11.8B | -5.6B | -10.5B | -7.5B | - |
| Investment Sales | 9.1B | 8.7B | 10.1B | 10.9B | - |
| Investing Cash Flow | -3.9B | -1.6B | -2.8B | 3.5B | 2.0B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -975.1M | -849.0M | -850.5M | -860.8M | -17.8M |
| Debt Issuance | - | 139.4M | 0 | - | - |
| Debt Repayment | -6.9M | - | 0 | 0 | -1.6M |
| Financing Cash Flow | -826.6M | -580.5M | -624.0M | -666.0M | 130.7M |
| Free Cash Flow | 4.3B | 1.3B | 2.9B | -2.7B | 3.1B |
| Net Change in Cash | 2.1B | 1.5B | 2.3B | 948.1M | 7.3B |
Cash Flow Trend
Avanti Feeds Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
25.15
Forward P/E
29.06
Price to Book
6.43
Price to Sales
3.24
PEG Ratio
0.57
Profitability Ratios
Profit Margin
10.57%
Operating Margin
11.58%
Return on Equity
16.66%
Return on Assets
14.36%
Financial Health
Current Ratio
6.60
Debt to Equity
0.44
Beta
0.04
Per Share Data
EPS (TTM)
₹56.51
Book Value per Share
₹220.94
Revenue per Share
₹444.06
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| AVANTIFEED | 193.6B | 25.15 | 6.43 | 16.66% | 10.57% | 0.44 |
| Nestle India | 2.7T | 76.65 | 60.70 | 76.34% | 15.11% | 8.61 |
| Britannia Industries | 1.4T | 57.14 | 36.97 | 49.73% | 12.84% | 58.42 |
| Bikaji Foods | 165.3B | 69.99 | 11.55 | 13.57% | 8.54% | 19.45 |
| Zydus Wellness | 156.2B | 75.17 | 2.74 | 6.12% | 6.11% | 53.31 |
| Ccl Products India | 145.4B | 39.83 | 7.16 | 15.78% | 9.21% | 77.99 |
Financial data is updated regularly. All figures are in the company's reporting currency.





