Avanti Feeds Limited has released its Q3FY26 financial results along with an investor presentation, following the scheduled earnings call on March 3, 2026. The company filed the presentation with BSE and NSE pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

Q3FY26 Financial Performance

The company reported consolidated revenue from operations of ₹13,835.23 Mn in Q3FY26, representing a 1.3% year-on-year growth from ₹13,657.68 Mn in Q3FY25. Despite modest revenue growth, profitability metrics showed significant improvement.

Segment-wise Performance

Shrimp Feed Business: Revenue declined 9.6% YoY to ₹9,442.08 Mn from ₹10,447.22 Mn, primarily due to seasonal factors. However, EBITDA margins improved significantly to 19.05% in Q3FY26.

Shrimp Processing & Export: This segment demonstrated robust growth with revenue increasing 36.8% YoY to ₹4,393.15 Mn from ₹3,210.46 Mn. The growth was driven by improved average selling price realisation and favourable foreign exchange rates. EBITDA margins expanded to 13.5% from 8.3% in the previous year.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, the company showed strong overall performance with consolidated revenue growing 8.81% to ₹45,995.71 Mn. EBITDA surged 31% to ₹7,474 Mn, while PAT increased 29.53% to ₹5,179.47 Mn.

Operational Metrics

Shrimp feed production reached 1,22,634 MT in Q3FY26, while sales volume was 1,18,127 MT. Shrimp processing production stood at 4,413 MT with sales of 3,767 MT during the quarter.

Market Diversification

The company's processed shrimp exports showed geographical diversification with North America accounting for 64.5% of sales, Europe 15.0%, and Asia 19.5% in Q3FY26. This represents a strategic shift towards Asian markets compared to the previous year.

Earnings Call Recording Available

Following the post-earnings conference call held on March 3, 2026, Avanti Feeds Limited has made the audio recording available on the company's website. The recording can be accessed at https://avantifeeds.com/corporate-announcement/#Investor-Conference-Call-Recordings for investors and analysts seeking detailed insights into the quarterly performance.

Management Outlook

The earnings call was addressed by senior management including Dr. A. Indra Kumar (Chairman & Managing Director), Mr. C. Ramachandra Rao (Joint Managing Director, CFO and CS), and other key executives. The presentation highlighted the company's strong financial performance and operational efficiency improvements across both business segments.

Avanti Feeds Limited has delivered a strong financial performance in Q3FY26, demonstrating resilience in its core aquaculture business segments. The company's Board of Directors approved the quarterly results on February 11, 2026, alongside a strategic investment decision that signals expansion into technology-driven solutions.

Financial Performance Overview

The company's consolidated financial results for Q3FY26 show robust growth across key metrics. Net profit increased significantly to Rs 16,347.35 lakhs compared to Rs 14,081.26 lakhs in Q3FY24, representing a healthy 16.02% year-on-year growth. This performance reflects the company's operational efficiency and market positioning in the aquaculture industry.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on February 11, 2026, commencing at 11:15 AM (BKK) / 09:45 AM (IST) and concluding at 03:15 PM (BKK) / 01:45 PM (IST). The meeting approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 30 and 33(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Segment-wise Performance Analysis

Avanti Feeds' diversified business portfolio showed mixed performance across segments during Q3FY26. The shrimp feed segment remained the primary revenue driver, contributing Rs 94,502.06 lakhs compared to Rs 1,04,163.02 lakhs in Q3FY24. The processed shrimp segment demonstrated strong growth, generating Rs 43,931.53 lakhs versus Rs 32,101.96 lakhs in the previous year, marking a significant 36.85% increase.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Avanti Feeds maintained strong momentum with consolidated revenue from operations reaching Rs 4,59,814.14 lakhs compared to Rs 4,22,568.55 lakhs in the corresponding period of FY24. Net profit for the nine-month period stood at Rs 51,794.67 lakhs, up from Rs 39,986.04 lakhs, representing a 29.52% year-on-year growth.

Strategic Investment Initiative

The Board approved a strategic investment in Quanta People Solutions Private Limited, India's first AI-powered cognitive-tech solutions startup focused on Frontline Workforce Performance and attrition management. The investment details include:

This investment aligns with the company's strategy to explore growth opportunities in AI-based solutions, particularly in human resources management across various industries. Quanta People Solutions leverages advanced analytics and AI to potentially increase productivity by up to 20% and reduce attrition by similar margins.

Operational Efficiency Metrics

The company's operational performance showed improved efficiency in several areas. Total expenses for Q3FY26 were Rs 1,22,406.29 lakhs compared to Rs 1,22,048.43 lakhs in Q3FY24. The cost of materials consumed decreased to Rs 99,709.63 lakhs from Rs 1,04,371.45 lakhs, indicating better cost management. Employee benefits expenses increased to Rs 6,518.47 lakhs from Rs 6,306.43 lakhs, reflecting workforce expansion and compensation adjustments.

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