45,000 Per cent Mutlibagger Returns: This Shrimp Producing Company's Shares Rose by 31 Per cent in 3 months – Know What is Driving Its Stock Price?
Over the past 15 years, company’s share price has surged from Rs 1.78 to Rs 818, marking an impressive 45,955 per cent return.
Despite significant declines in the Indian stock market, Avanti Feeds remained resilient, delivering exceptional long-term returns. The stock has rewarded investors with multibagger gains over the years.
Over the past 15 years, Avanti Feeds' share price has surged from Rs 1.78 to Rs 818, marking an impressive 45,955 per cent return. A Rs 1 lakh investment in the stock during this period would have grown to Rs 5.46 crore.
In the last 3 months, Avanti Feeds shares gained 31.88 per cent, reaching an all-time high of Rs 842 on the BSE. Over the past five years, the stock has risen by 161 per cent, while it has surged 57.12 per cent in the last year. (Returns as of March 12, 2025)
Recently, Avanti Pet Care, a subsidiary of Avanti Feeds, has forayed into the pet food market in India. The company has launched cat food under the brand name "Avant Frust" in Hyderabad, India.
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For Q3 FY25, Avanti Feeds reported an 86.5 per cent YoY increase in net profit, reaching Rs 135.2 crore, supported by better margins and operational efficiencies. Revenue grew 9 per cent YoY to Rs 1,365.8 crore, driven by higher feed segment volumes, which increased by 14 per cent. While shrimp exports declined by 4 per cent YoY, the company benefited from improved pricing and favorable foreign exchange rates. EBITDA jumped 65.4 per cent YoY to Rs 160.4 crore, with margins expanding to 11.7 per cent due to cost efficiencies.
Avanti Feeds is a key player in shrimp feed production, with a manufacturing capacity of 7,75,000 MT and a shrimp processing and export operation handling 29,000 MT. The company exports to major global markets, including Europe, Japan, Korea, China, Russia, Canada, and the Middle East. With a strategic partnership with Thailand’s Thai Union Group, Avanti Feeds continues to grow, benefiting from strong global demand.
Disclaimer: The article is for informational purposes only and not investment advice.