Avanti Feeds Limited (512573) Earnings Call Transcripts

Avanti Feeds Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Avanti Feeds Limited reported a gross income of INR 1,516 crores, reflecting a 4.77% increase from the previous quarter and a 5.86% increase year-over-year. However, profit before tax (PBT) decreased to INR 184 crores, down 17.12% sequentially and 12.8% year-over-year, indicating pressure on margins primarily due to rising raw material costs. For FY '26, gross income rose to INR 6,279 crores, an 8.9% increase from FY '25, with PBT up 20% to INR 882 crores. Management signaled a challenging outlook for FY '27, anticipating continued pressure from raw material prices and a need for price hikes in feed products.

Reported metrics

Guidance from management

Management anticipates a challenging FY '27 due to rising raw material costs and plans to increase feed prices to mitigate these pressures. They expect feed sales to reach around 580,000 metric tons in FY '27.

What management said

We have taken a price increase in February of the fourth quarter. So the impact is not there much because only 1 month, we have the improved price, and that is also not a full price impact because [indiscernible] hype right now.

As I stated in my intellectually remarks, the prices of soya bean meal and fishmeal have gone up very steeply in the last 2 months, unprecedented price increase -- but the reasons I have mentioned as one, fishmeal price has gone up -- and also this soya bean made price. So this has impacted on the cost. So we are working on that very seriously. And maybe in the next few days, we'll be going for a price increase of th...

What analysts pressed on

Analysts expressed concerns over the sustainability of feed margins given the rising raw material costs and the potential impact on profitability. There were also questions regarding the company's conservative export growth targets compared to peers.

Main topics on the call

• Revenue Growth — Avanti Feeds achieved a gross income of INR 1,516 crores in Q4 FY '26, up from INR 1,447 crores in Q3 FY '26. This growth was attributed to increased feed sales and favorable foreign exchange rates, with management stati...
• Profitability Challenges — Despite revenue growth, PBT fell to INR 184 crores in Q4 FY '26, down from INR 222 crores in Q3 FY '26. Management noted that "the decrease in profitability was mainly due to an increase in raw material costs," highlight...
• Raw Material Price Increases — Management indicated significant increases in raw material costs, with fishmeal prices doubling from INR 100 to INR 240 per kg in two months. They stated, "The prices of soya bean meal and fishmeal have gone up very stee...
• Future Guidance — For FY '27, management expects feed sales to reach around 580,000 metric tons, with a cautious outlook due to raw material price pressures. They mentioned, "We are preparing for an increase in feed price at the earliest ...

Read the full Avanti Feeds Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 23 Avanti Feeds Limited earnings call transcripts on record, spanning February 6, 2020 to June 12, 2026. Based on this history, Avanti Feeds Limited reports quarterly. The most recent call on file is dated June 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

512573

Exchange

BSE

Country

IN

Sector

Consumer Staples

Industry

Food Products

Calls on record

23

First call

February 6, 2020

Most recent

June 12, 2026

Reporting cadence

quarterly