Stockrabit · Analysts
Questions across 4 calls

Mithun Aswath

Kivah Advisors

Avanti Feeds Limited

Avanti Feeds Limited CC-Jun24.pdf · 2024-08-09
Hi sir, in terms of your production has gone up YoY for the Q1 in terms of the shrimp processing, but the revenues and the sales have kind of come down YoY on the shrimp processing side. I just wanted to understand that because the volumes have gone up, but the volumes of sales have not gone up, but the production has increased. So do you see subsequent quarters the ramp up in the sales? That was point one. The second question I had was on the duties which have been removed on the fish meal, which is one of your raw materials. I just wanted to understand what is the benefit for you on margin. And also, if you could give a mix of what are the raw materials involved in th e shrimp feed? What percent is fish meal and the wheat and the soya? I remember in the last call you had mentioned that the because the situation in Chile, there was this massive rise in the fish meal prices.So if you could just throw some color on that, that would help us to kind of understand what your margin outlook would be for the current year?
I understood, sir. At least for the next quarter, do you have a visibility of is it better or worse than last year?
Analysts/Institutional Investor Meet/Con. Call Updates Avanti Feeds Limited has informed the Exchange about Transcript · 2024-08-09
Hi sir, in terms of your production has gone up YoY for the Q1 in terms of the shrimp processing, but the revenues and the sales have kind of come down YoY on the shrimp processing side. I just wanted to understand that because the volumes have gone up, but the volumes of sales have not gone up, but the production has increased. So do you see subsequent quarters the ramp up in the sales? That was point one. The second question I had was on the duties which have been removed on the fish meal, which is one of your raw materials. I just wanted to understand what is the benefit for you on margin. And also, if you could give a mix of what are the raw materials involved in th e shrimp feed? What percent is fish meal and the wheat and the soya? I remember in the last call you had mentioned that the because the situation in Chile, there was this massive rise in the fish meal prices.So if you could just throw some color on that, that would help us to kind of understand what your margin outlook would be for the current year?
I understood, sir. At least for the next quarter, do you have a visibility of is it better or worse than last year?