Avanti Feeds (512573) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 consolidated revenue was Rs 175,251.89 lakh and net profit was Rs 7,391.52 lakh; H1 revenue was Rs 365,238.36 lakh and net profit Rs 19,022.02 lakh.

• Standalone Q2 revenue was Rs 137,644.22 lakh and net profit Rs 6,767.54 lakh; H1 revenue was Rs 294,128.98 lakh and net profit Rs 15,190.33 lakh.

Financial highlights

• Consolidated Q2 profit before tax from continuing operations was Rs 9,637.19 lakh, including the Rs 1,712 lakh exceptional provision; H1 PBT was Rs 25,304.33 lakh.

• Consolidated H1 operating cash flow was Rs 12,191.92 lakh, versus Rs 87,513.80 lakh in H1 FY26; cash and cash equivalents closed at Rs 7,116.40 lakh.

• Standalone H1 operating cash flow was Rs 20,733.53 lakh, versus Rs 78,672.73 lakh in H1 FY26; cash and cash equivalents closed at Rs 5,173.31 lakh.

Segment performance

• Consolidated Q2 segment revenue: Shrimp and other Feeds Rs 137,440.62 lakh, Processed Shrimp Rs 37,435.73 lakh and Shrimp Hatchery Rs 405.40 lakh.

• Consolidated Q2 segment results: Feeds Rs 4,378.31 lakh, Processed Shrimp Rs 669.84 lakh, Power loss Rs 32.05 lakh and Hatchery loss Rs 10.88 lakh.

• Standalone Q2 revenue comprised Shrimp Feed Rs 137,238.82 lakh and Shrimp Hatchery Rs 405.40 lakh; segment results were Rs 4,280.35 lakh and a Rs 10.87 lakh loss, respectively.