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Avanti Feeds Ltd dividend

Avanti Feeds Ltd dividend

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Last Updated time: 17 Jul 14:22 PM

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Avanti Feeds Ltd

NSE: AVANTIFEED

DPS

6.25

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Avanti Feeds Ltd is ₹ 6.25 as of 2023 .a1#The Dividend Payout of Avanti Feeds Ltd changed from 24.38 % on March 2019 to 36.56 % on March 2023 . This represents a CAGR of 8.44% over 5 years. a1#The Latest Trading Price of Avanti Feeds Ltd is ₹ 596.05 as of 16 Jul 15:30 .a1#The Market Cap of Avanti Feeds Ltd changed from ₹ 5556 crore on March 2019 to ₹ 4628 crore on March 2023 . This represents a CAGR of -3.59% over 5 years. a1#The Revenue of Avanti Feeds Ltd changed from ₹ 1581 crore to ₹ 1319 crore over 8 quarters. This represents a CAGR of -8.65% a1#The EBITDA of Avanti Feeds Ltd changed from ₹ 109.97 crore to ₹ 165.97 crore over 8 quarters. This represents a CAGR of 22.85% a1#The Net Pr of Avanti Feeds Ltd changed from ₹ 73.11 crore to ₹ 112.6 crore over 8 quarters. This represents a CAGR of 24.10% a1#

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Company Fundamentals For Avanti Feeds Ltd

Market Cap

8,120 Cr

EPS

26.2

P/E Ratio (TTM) *

22.7

P/B Ratio (TTM) *

3.4

DTE *

0.0

ROE *

15.1

ROCE *

22.5

Dividend Yield *

1.84

DPS *

6.25

Dividend Payout *

36.56

Ann.Dividend % *

625

* All values are consolidated

Last Updated time: 17 Jul 14:22 PM

* All values are consolidated

Last Updated time: 17 Jul 14:22 PM

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Historical Dividend Payout of Avanti Feeds Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Avanti Feeds Ltd

Period
Mar '1924
Mar '2024
Mar '2128
Mar '2243
Mar '2337

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Avanti Feeds Ltd

NSE: AVANTIFEED

PRICE

596.05

4.50 (0.76%)

stock direction

Last updated : 16 Jul 15:30

SWOT Analysis Of Avanti Feeds Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Avanti Feeds Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Avanti Feeds Ltd

Period
Mar '195557
Mar '204008
Mar '215651
Mar '225621
Mar '234629

* All values are a in crore

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Historical Revenue of Avanti Feeds Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Avanti Feeds Ltd

Period
Jun '221582
Sep '221349
Dec '221132
Mar '231118
Jun '231587
Sep '231312
Dec '231287
Mar '241320

* All values are a in crore

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Historical EBITDA of Avanti Feeds Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Avanti Feeds Ltd

Period
Jun '22110
Sep '22101
Dec '22107
Mar '23153
Jun '23171
Sep '23128
Dec '23130
Mar '24166

* All values are a in crore

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Historical Net Profit of Avanti Feeds Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Avanti Feeds Ltd

Period
Jun '2273
Sep '2267
Dec '2271
Mar '23101
Jun '23115
Sep '2383
Dec '2383
Mar '24113

* All values are a in crore

About Avanti Feeds Ltd

About Avanti Feeds Ltd

    Avanti Feeds Ltd (AFL) has marked its presence in the field of aquaculture by engaging in manufacturing high-quality feed for shrimps, operating the Vannamei hatchery and processing and exporting shrimps. The company has a strong technical and marketing tie-up with the THAI UNION Group of Thailand to strengthen its capabilities in the field of aquaculture. The company started its commercial operations in 1993 and now stands as the leading manufacturer of Shrimp Feed. AFL has two subsidiaries (incorporated in India) named Avanti Frozen Foods Private Limited (AFFPL) and Svimsan Exports & Imports Private Limited (SEIPL). AFFPL is engaged in the business of exporting Shrimp. Avanti Feeds operates a 3.2 MW Wind Mill Project in Chitradurg, Karnataka State. The company also holds 49.99% of equity stake in Srivathsa Power Projects Pvt Ltd which operates a 17.2 MW gas-based independent power project. Avanti Feeds also holds 25.88% in equity stake in Patikari Power Private Limited which operates a 16 MW Hydel Power Project in Himachal Pradesh. Incorporated in January 06, 1993 as a private limited company, Avanti Feeds Ltd (AFL) was converted into a public limited company in Oct.'93 and the name of the company was changed to AFL. The company was promoted by A V Rao and others. AFL went public in May '94 to part-finance the project of setting up a 100% EOU to manufacture 10,000 tpa of shrimp feed at Kovvur (West Godavari Dist), Andhra Pradesh. AFL entered into a technical collaboration with one of the leading shrimp feed manufacturers, Pingtai Enterprises Co, Taiwan. The plant was set up to produce scientifically formulated and nutritionally balanced water-stable international-quality shrimp feed in India. The company imported one complete set of shrimp feed processing equipment from IDAH Machinery, Taipei, Japan. The project has been successfully implemented almost in time and commercial production commenced from Nov.'94. In 1998-99, it increased the installed capacity of feed plant to 20,000 MT and shrimp shell meal manufacturing unit and pre-processing unit at Eathakota, East Godavari Dist has also been completed. In 1999-2000, the backward integration projects of wheat flour plant and shrimp shell manufacturing plant have been successfully completed and started commercial production. The company had set up a Shrimp Feed Manufacturing Plant with a production capacity of 10,000 MT P.A and the commercial production started from mid of June 2001. Modernisation and Upgradation of Shrimp Processing was taken up at Ravulapalem. The company has entered into a technical and marketing collaboration agreement with M/s Thai Union Feed Mill Co. Limited,Thailand. The new 50,000 MT per annum shrimp manufacturing facility at the company's existing plant at Kovvur commenced production from March 2014. During the financial year ended 31 March 2014, Avanti Feeds crossed Rs.1000 crores turnover mark and closed the year with turnover of Rs. 1131.61 crores. During the year under review, the company's Shrimp Feed sales grew by 45%. The year 2013-14 ended with shrimp feed sales at 1,49,891 MT, an increase of 46,903 MT as compared to previous financial year. The shrimp processing and export division sales recorded export of 3,289 MT in 2013-14 as against 2,551 MT in the previous year, registering an increase of 29%.The four windmills of the company located in Karnataka State with a total capacity of 3.2 MW have generated 62.39 lac units as against 62.14 lac units generated during the previous year and power generated was sold to Karnataka Power Transmission Corporation Limited under PPA. In 2014-15, Avanti Feeds' Shrimp Feed sales grew by 56% in quantitative terms. The year 2014-15 ended with shrimp feed sales at 2,33,489 MT, an increase of 83,598 MT as compared to previous financial year. The shrimp processing and export division sales recorded export of 3,409 MT as against 3,289 MT in the previous year. During the year under review, US authorities started checking each container exported to their country for presence of antibiotic residues. Because of stringent checking there were inordinate delays in clearing of the goods with additional expenditure to the exporters. Due to this, the company could not show improvement in its operations in this division. The four wind mills of the company located in Karnataka State with a total capacity of 3.2 MW have generated 55.41 lakh units as against 62.39 lakh units in the previous year. The fall in generation was due to reduced wind velocity during the year. The power generated during the year was sold to Karnataka Power Transmission Corporation Limited under PPA. Avanti Feeds applied for listing of its equity shares with NSE, Mumbai and the NSE approved the listing and admitted dealings in equity shares of the company with effect from 15 April 2015. In 2015-16, Avanti Feeds' Shrimp Feed sales grew by 8% as compared to previous financial year in quantitative terms mainly because of the quality of feed and technical support extended by your company to the farmers. The year 2015-16 ended with shrimp feed sales at 2,52,590 MT, an increase of 19,101 MT as compared to the previous financial year. The shrimp processing and export division sales recorded export of 4,377 MT as against 3,409 MT in the previous year representing an increase of 22% in quantitative terms.In 2015-16, the four windmills of the company located in Karnataka State with a total capacity of 3.2 MW generated 49.94 lakh units as against 55.41 lakh units in the previous year. The power generated during the year was sold to Karnataka Power Transmission Corporation Limited under Power Purchase Agreement. During the year under review, the company sub-divided one equity share of Rs.10/- each into five equity shares of Rs.2/- each with the approval of the shareholders, with requisite majority by way of postal ballot, the results of which were declared on 26 October 2015. In September 2015, Avanti Feeds acquired land for the project to set up shrimp feed manufacturing plant with 1,25,000 MT per annum capacity at Village Bandapuram, West Godavari District in Andhara Pradesh. This location is 20 kms away from the company's existing shrimp feed manufacturing plants at Kovvur. The project work commenced in December 2015 after obtaining all the statutory approvals and is expected to be completed in July 2016 and commence trial production. During the year 2015-16, Avanti Feeds divested its Shrimp Processing & Export Division to its subsidiary Avanti Frozen Foods Private Limited (AFFPL) by way of slump sale, under Business Transfer Agreement. This was done in order to improve business efficacy and to build global brand image for Shrimp Processing Business. The effective date of transfer of the Shrimp Processing & Export Division to AFFPL was 1 November 2015. However, transfer of statutory licenses from AFL to AFFPL was received in June 2016 and transfer of name from USDOC was received on 22 November 2016. From 1 April 2016 to 30 June 2016 AFL operated the Processing & Export Business on behalf of AFFPL and from 1 July 2016 till 22 November 2016, AFFPL did the processing and AFL exported as a merchant exporter. With effect from 23 November 2016, AFFPL started carrying on operations in its own name.AFFPL took up implementation of a new state of art shrimp processing facility at Yerravaram in East Godavari District of Andhra Pradesh in December 2015. Avanti Feeds reported 3,41,660 MT sales of shrimp feed during 2016-17 as compared to 2,52,590 MT shrimp feed sales in the immediate preceding financial year 2015-16, an increase of 35% in volume. For the 5th consecutive year, the company posted higher growth than the industry. The shrimp processing and export sales during 2016-17 recorded export of 5155 MT as against 4377 MT in the previous year representing an increase of 18% in quantitative terms. In July 2016, Thai Union Group acquired 40% stake in Avanti Frozen Foods Private (AFFPL) to extend support in this business. Avanti Feeds' new feed plant at Bandapuram, West Godavari District, Andhra Pradesh with a capacity of 1,25,000 Mts per annum commenced production from August 2016. During the year under review, Avanti Frozen Foods Foods Pvt. Ltd. (AFFPL) issued 40,06,667 shares to Thai Union Group PCL (TUG) of Thailand. After allotment of shares to TUG, Avanti Feeds holds 60% of the equity in AFFPL and AFFPL is subsidiary of the company. In 2016-17, Avanti Feeds' four windmills located in Karnataka State with a total capacity of 3.2 MW generated 31.44 lakh units as against 49.94 lakh units in the previous year. The power generated during the year was sold to Karnataka Power Transmission Corporation Limited under Power Purchase Agreement. During the high wind season from May 2016 to October 2016 two of the four windmills did not operate due to technical fault and inordinate delay in rectifying the machines by O & M service provider. The company has renewed O & M Agreement with Wind World India Limited with the understanding that O & M charges will be released to them in installments upon satisfactory maintenance of the windmills. During FY'17, the Company commissioned Unit-IV shrimp feed manufacturing plant at Bandapuram with a capacity of 1,75,000 MTPA. The power generated from Four Windmills of the Company located in Karnataka was sold to Karnataka Power Transmission Corporation Limited under the Power Purchase Agreement. The company's subsidiary Avanti Frozen Foods Private Limited (AFFPL) completed the implementation of a 15,000 MTA capacity shrimp processing plant at Yerravaram in East Godavari District of Andhra Pradesh with a Capex of Rs. 12,159.38 Lakh and started operations from 31 August 2017. During the year 2017-18, the gas supply for Srivathsa Power Projects Pvt. Ltd. was drastically reduced by GAIL to 37,172 SCMD (standard cubic meters per day) as against the nominated quota of 65,000 SCMD. As a result, the power generation was limited to 549.26 Lakh units as against a capacity of 911.04 Lakh units. During the year 2017-18, the Company generated 52.80 lakhs saleable energy units for Patikari Power Private Limited. As on 31 March 2018, the Company extended a guarantee of Rs 11506 lakhs and made investments of Rs 11211.82 lakhs respectively. During the year 2017-18, the Company (i) sub-divided 1 equity share of Rs. 2/-each, into 2 equity shares of Rs. 1/- each, and (ii) issued Bonus equity shares in the ratio 1 new fully paid-up equity share of Rs. 1/- each for every 2 fully paid-up equity shares of Rs. 1/- each (i.e. Adjusted for Sub-Division of equity Shares), with the approval of the members, with requisite majority at the Extraordinary General Meeting held on 14 June 2018. The record date for (i) sub-division of one equity share of Rs. 2/- each into two equity shares of Rs. 1/- each and (ii) Bonus equity shares of Rs. 1/- each in the ratio of 1:2 was 27th June 2018. The Bonus equity shares were allotted on 30th June 2018. The Company obtained listing and trading approval from Bombay Stock Exchange and National Stock Exchange for the 4,54,15,210 Bonus equity shares of Rs. 1/- each on 5th July 2018.During the year 2018-19, the gas supplied for Srivathsa Power Projects Pvt. Ltd by GAIL was only 20,4222 SCMD (standard cubic meters per day) as against the nominated quota of 65,000 SCMD stated due to non-availability of APM-Gas. As a result, the power generation was limited to 308.20 lakhs units as against a capacity of 1100 lakhs units. During the year 2018-19, the Company generated 52.80 lakhs saleable energy units. During the year 2020-21, the Company started commercial production of its Hatchery division and expanded to 600 million. During the period 2022-23, new Feed Manufacturing plant having an additional capacity of 1,75,000 MT at Bandapuram, in Andhra Pradesh commenced commercial production effective from December 3, 2022. The 3.2 MW Wind Mill Project in Chitradurg, Karnataka State installed in the year 2005 became operational in 2023.

Avanti Feeds Ltd News Hub

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Avanti Feeds Ltd leads gainers in 'A' group

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07 Jun 202412:00

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Volumes spurt at Avanti Feeds Ltd counter

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06 Jun 202411:00

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Avanti Feeds to convene AGM

Avanti Feeds announced that the 31th Annual General Meeting(AGM) of the company will be he...

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23 May 202409:42

News

Board of Avanti Feeds recommends final dividend

Avanti Feeds announced that the Board of Directors of the Company at its meeting held on 2...

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22 May 202415:41

News

Avanti Feeds declare Quarterly Result

Avanti Feeds will hold a meeting of the Board of Directors of the Company on 22 May 2024 P...

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10 May 202411:12

News

Avanti Feeds' unit commences trial production at new shrimp processing unit

Avanti Feeds announced that the trial production at the newly established Shrimp Processin...

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04 Apr 202418:16

FAQs for dividends of Avanti Feeds Ltd

What is the current market price of Avanti Feeds Ltd Ltd as of July 17, 2024?

The current market price of Avanti Feeds Ltd Ltd stands at 596.0 per share.

What dividend did Avanti Feeds Ltd declare in the last fiscal year?

In the last fiscal year, Avanti Feeds Ltd declared a dividend totaling ₹6.8.

What is the most recent dividend declared by Avanti Feeds Ltd?

Avanti Feeds Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Avanti Feeds Ltd declared dividends in the current fiscal year

Avanti Feeds Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Avanti Feeds Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Avanti Feeds Ltd declared dividends 4 times totaling ₹0.
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