Avanti Feeds Limited filed its Business Responsibility and Sustainability Report for FY 2025-26 with the stock exchanges, disclosing key environmental and social performance metrics. The report highlights that renewable energy constituted 54.8% of the company's total energy consumption during the financial year, an increase from 52.8% in the previous year. Total energy consumption rose to 4,42,071 Giga Joules from 4,13,624 Giga Joules in FY 2024-25, driven by higher production volumes.

The company reported that 40.78% of its inputs were sourced sustainably, aligning with its target to procure at least 50% of key raw materials through sustainable sources by FY 2029-30. Avanti Feeds operates five shrimp feed manufacturing units and one hatchery, serving markets across 15 states and three countries. Shrimp feed accounted for 99.68% of the total turnover, while hatchery operations contributed 0.29%.

Operational and Employee Metrics

The company employed 782 permanent employees and 894 workers as of the end of FY 2025-26. The workforce included 29 female employees, representing 3.71% of the total permanent staff. The Board of Directors comprised 12 members, with one female director. The report confirmed zero instances of workplace fatalities, lost time injuries, or high-consequence work-related injuries during the year.

Environmental Performance

Avanti Feeds disclosed that it generated 2,440.74 metric tonnes of waste, of which 100% was recovered through recycling or re-use operations. The company maintained a zero liquid discharge mechanism and stated that it does not operate any facilities in water-stressed areas. Water withdrawal totalled 2,95,719 kilolitres, with groundwater constituting the primary source.

Governance and Stakeholder Engagement

The company reported receiving 181 shareholder complaints during the year, all of which were resolved. No complaints were reported from communities, investors, employees, customers, or value chain partners. The Board, led by Chairman & Managing Director Dr. A. Indra Kumar, reviews sustainability performance on a quarterly basis. The report received reasonable assurance from J Sundharesan & Associates, Practising Company Secretaries.

Avanti Feeds Limited reported a 20% year-on-year increase in consolidated profit before tax (PBT) to INR 882 crores for the financial year ended March 31, 2026, driven by strong performance in its Shrimp Processing and Export division. Consolidated gross income for FY26 grew by 8.9% to INR 6,279 crores. For the fourth quarter, consolidated gross income stood at INR 1,515 crores, while PBT declined by 12.8% to INR 184 crores due to rising raw material costs.

Financial Performance

The Shrimp Feed division recorded a gross income of INR 4,538 crores for FY26, with PBT increasing to INR 715 crores from INR 658 crores in the previous year. Feed sales volume reached 5,62,060 MT. In Q4 FY26, the division reported a gross income of INR 1,068 crores, but PBT fell by 28% year-on-year to INR 139 crores, impacted by a 5,986 MT decrease in quantity sold and higher input costs.

The Shrimp Processing and Export division delivered robust growth, with gross income surging 43% to INR 1,741 crore and PBT more than doubling to INR 178 crore in FY26. In Q4 FY26, the division's gross income rose 22% to INR 446 crores, and PBT jumped to INR 48 crores from INR 18 crores in the same period last year, aided by improved price realization and favourable foreign exchange rates.

The following table summarises key financial metrics for FY26 against the prior year:

FY27 Outlook and Growth Targets

Management has set a feed sales target of 5.8 lakh MT for FY27 and expects export volumes to grow by 10–12%. The outlook is tempered by steep increases in raw material prices, with fish meal prices doubling to INR 240 per kg and soya bean meal rising approximately 45% to INR 72 per kg in recent months. The company plans to increase feed prices to mitigate these cost pressures.

Operational Updates

The Pet Care segment, under the Avant Furst brand, recorded sales of INR 151 lakhs in Q4 FY26. The company is expanding its distribution network and plans to introduce new product variants. Land acquisition for a new manufacturing facility near Hyderabad is complete, with construction set to begin upon necessary approvals.

Regarding the U.S. market, the company noted that reciprocal tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were invalidated. Avanti Frozen Foods Private Limited, the importer of record, expects refunds of approximately USD 15–20 million for duties collected under IEEPA.