{"id":127817,"date":"2022-02-23T02:22:15","date_gmt":"2022-02-23T07:22:15","guid":{"rendered":"https:\/\/44.250.171.167\/?p=127817"},"modified":"2022-10-05T06:08:05","modified_gmt":"2022-10-05T10:08:05","slug":"avanti-feeds-ltd-q3-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-q3-fy22-earnings-conference-call-insights\/","title":{"rendered":"Avanti Feeds Ltd Q3 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Avanti Feeds Ltd Q3 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/PqLWbFGvF0Y?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Avanti Feeds Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/AVANTIFEED\/\">AVANTIFEED<\/a>) Q3 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>As the demand for shrimp feed is expected to increase, the company is in the process of expanding the shrimp feed capacity by setting up a new plant with an annual installed capacity of 1,75,000 metric tons with an estimated capex of INR125 crores. This is expected to commence commercial production by June 2022.<\/li>\n<\/ul>\n<ul>\n<li>In Shrimp processing and export, the company expects to invest INR81.32 crores towards capex by setting up preprocessing new units with an estimated capacity of 7,000 metric tons per annum.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Depesh Kashyap from Equirus asked if the company will be able to take the price hike in the coming months, given the current price of soya meal, the fish meal, farm gate and international shrimp prices. Alluri Nikhilesh, ED said that the company would be able to take the price hike because the shrimp prices are high. And also, the raw material prices are rising and AVANTIFEED is looking into it.<\/li>\n<\/ul>\n<ul>\n<li>Depesh Kashyap from Equirus also asked by when the company is expecting to increase the price. Alluri Nikhilesh, ED replied it would happen by this month end or first week of March.<\/li>\n<\/ul>\n<ul>\n<li>Depesh Kashyap from Equirus also enquired how the inventory levels are there in the US. Alluri Nikhilesh, ED answered that inventory levels in US, by end of December, the Christmas and New Year season, the consumption was good and demand is there.<\/li>\n<\/ul>\n<ul>\n<li>Yogansh Jeswani from Mittal Analytics asked about the salary hike that management is seeking. Santhi Latha GM, said the company\u2019s whole time Director\u2019s remuneration is a combination of fixed portion and a percentage of profits, which is within the overall limit of the Company&#8217;s Act. Now the Company&#8217;s Act is allowing to take more percentage. So that is why the company is going for an increase.<\/li>\n<\/ul>\n<ul>\n<li>Aman Madrecha from Augmenta Research asked about the demand scenario. Alluri Nikhilesh ED said the demand for seafood is going up and the culture is going up. Therefore the company is expanding and expects sales to go up.<\/li>\n<\/ul>\n<ul>\n<li>Nitin Awasthi of InCred Equities asked about the expansion plans on the fish feed segment and when concrete results or concrete plans can be expected. Alluri Nikhilesh ED replied that the company is working seriously on that and the process is on. And on the timeline, the company added that it may take another 6 months to 1 year.<\/li>\n<\/ul>\n<ul>\n<li>Akhil Hazari with RoboCapital asked about the revenue guidance for FY23 and FY24 and margin targets. Alluri Nikhilesh ED said the company is targeting 10-12% EBITDA margins. On the revenue side, the company expects to grow it by another 15%.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Avanti Feeds Ltd (AVANTIFEED) Q3 FY22 Earnings Concall Management Update: As the demand for shrimp feed is expected to increase, the company is in the process of expanding the shrimp feed capacity by setting up a new plant with an annual installed capacity of 1,75,000 metric tons with an estimated capex of [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[8982],"class_list":["post-127817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-food-processing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":133449,"url":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":127817,"position":0},"title":"Avanti Feeds Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 25, 2022","format":false,"excerpt":"https:\/\/youtu.be\/LOyqJBAvC1M Key highlights from Avanti Feeds Ltd (AVANTIFEED) Q1 FY23 Earnings Concall Management Update: AVANTIFEED said that as the demand for shrimp feed is expected to increase, the company has completed setting up of the new manufacturing facility in Bandapuram, with annual installed capacity of 1,75,000 metric tons with a\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142573,"url":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-avantifeed-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":127817,"position":1},"title":"Avanti Feeds Ltd (AVANTIFEED) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 22, 2023","format":false,"excerpt":"Avanti Feeds Ltd (NSE:AVANTIFEED) Q3 FY23 Earnings Concall dated Feb. 22, 2023. Corporate Participants: C. Ramachandra Rao\u00a0--\u00a0Joint Managing Director A. Indra Kumar\u00a0--\u00a0Chairman and Managing Director Alluri Nikhilesh\u00a0--\u00a0Executive Director Analysts: Onkar Kulkarni\u00a0--\u00a0Shree investments -- Analyst Vishwanath Shettigar\u00a0--\u00a0-- Analyst Rahil Shah\u00a0--\u00a0Crown Capital -- Analyst Jasdeep Walia\u00a0--\u00a0Clockvine Capital -- Analyst Runav Shah\u00a0--\u00a0Equitas --\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142577,"url":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-q3-fy23-earnings-conference-call-insights\/","url_meta":{"origin":127817,"position":2},"title":"Avanti Feeds Ltd Q3 FY23 Earnings Conference Call Insights","author":"Praveen","date":"February 23, 2023","format":false,"excerpt":"Key highlights from Avanti Feeds Ltd (AVANTIFEED) Q3 FY23 Earnings Concall Q&A Highlights: [00:23:05] Onkar Kulkarni from Shree Investments asked about the margins in the medium to long term, considering the softening of RM prices. C. Ramachandra Rao JMD said that RM prices are likely to go down, but it\u2019s\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156449,"url":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-q2-fy24-earnings-conference-call-insights\/","url_meta":{"origin":127817,"position":3},"title":"Avanti Feeds Ltd Q2 FY24 Earnings Conference Call Insights","author":"Praveen","date":"November 20, 2023","format":false,"excerpt":"Key highlights from Avanti Feeds Ltd (AVANTIFEED) Q2 FY24 Earnings Concall Raw Material Cost Trends Fish meal prices are high due to export demand. Soybean meal prices have fluctuated but remain around 54 Rs\/kg. Wheat flour prices increased from 29 to 33 Rs\/kg. Overall raw material costs increased 1% compared\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":124809,"url":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-avantifeed-q1-fy22-earnings-concall\/","url_meta":{"origin":127817,"position":4},"title":"Avanti Feeds Ltd (AVANTIFEED) Q1 FY22 Earnings Concall","author":"Sahil_Anand","date":"August 23, 2021","format":false,"excerpt":"Avanti Feeds Ltd (NSE:AVANTIFEED) Q1 FY22 Earnings Concall dated\u00a0Aug. 23, 2021","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/09\/Avanti-Feeds-Ltd-Q1-FY22-Earnings-Concall.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/09\/Avanti-Feeds-Ltd-Q1-FY22-Earnings-Concall.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/09\/Avanti-Feeds-Ltd-Q1-FY22-Earnings-Concall.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/09\/Avanti-Feeds-Ltd-Q1-FY22-Earnings-Concall.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/09\/Avanti-Feeds-Ltd-Q1-FY22-Earnings-Concall.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/09\/Avanti-Feeds-Ltd-Q1-FY22-Earnings-Concall.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165865,"url":"https:\/\/alphastreet.com\/india\/avanti-feeds-ltd-q2fy25-46-rise-in-profits\/","url_meta":{"origin":127817,"position":5},"title":"Avanti Feeds Ltd Q2FY25; 46% rise in Profits","author":"Divyansh_Kasana","date":"December 2, 2024","format":false,"excerpt":"Avanti Feeds Ltd. manufactures and sells shrimp feed, and exports processed shrimp. Financial Results: Avanti Feeds Ltd reported Revenues for Q2FY25 of \u20b91,355.00 Crores up from \u20b91,278.00 Crore year on year, a rise of 6.03%. Total Expenses for Q2FY25 of \u20b91,235.00 Crores up from \u20b91,199.00 Crores year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/FR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/FR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/FR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/FR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/FR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/FR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/127817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=127817"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/127817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=127817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=127817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=127817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}