Integrated Filing — IndAS



General information about company
Scrip Code 512573
NSE Symbol AVANTIFEED
MSEI Symbol NOTLISTED
ISIN INE871CO1038
Name of company AVANTI FEEDS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   14:00:00
End date and time of board meeting 28-May-2025   16:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 13851358000 56122607000
Other income 498857000 1654762000
Total income 14350215000 57777369000
2 Expenses
(a) Cost of materials consumed 10650678000 44314343000
(b) Purchases of stock-in-trade 2072000 5195000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -401117000 -1679698000
(d) Employee benefit expense 672226000 2507870000
(e) Finance costs 6070000 22500000
(f) Depreciation, depletion and amortisation expense 145772000 590218000
(f) Other Expenses
1 other expenses 1158989000 4644520000
Total other expenses 1158989000 4644520000
Total expenses 12234690000 50404948000
3 Total profit before exceptional items and tax 2115525000 7372421000
4 Exceptional items 0 0
5 Total profit before tax 2115525000 7372421000
6 Tax expense
7 Current tax 524608000 1775607000
8 Deferred tax 17938000 28808000
9 Total tax expenses 542546000 1804415000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 1572979000 5568006000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method -1061000 2517000
16 Total profit (loss) for period 1571918000 5570523000
17 Other comprehensive income net of taxes -11331000 -14963000
18 Total Comprehensive Income for the period 1560587000 5555560000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1517747500 5288239900
Total profit or loss, attributable to non-controlling interests 54171000 282283100
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1507571500 5274669900
Total comprehensive income for the period attributable to owners of parent non-controlling interests 53016000 280890400
21 Details of equity share capital
Paid-up equity share capital 136246000 136246000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 27873383000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 11.14 38.81
Diluted earnings (loss) per share from continuing operations 11.14 38.81
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 11.14 38.81
Diluted earnings (loss) per share from continuing and discontinued operations 11.14 38.81
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1.The above audited financial results have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and the Companies (Indian Accounting Standards) Amendment Rules, 2016. n2. The above audited financial results were reviewed by the Audit Committee and its meeting held on 27th May, 2025 and approved by the Board of Directors at its meeting held on 28th May, 2025 n3. The figures for the quarter ended March 31, 2024 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial years and unaudited published year to date figures up to the third quarter of the respective financial year. The figures upto the end of the third quarter were only reviewed and not subject to audit. n4.The board at its meeting held on 28th May, 2025 has recommended dividend of Rs. _____ per equity share of Re.1/- each, subject to approval of shareholders. n5. The consolidated financials results include the results of the following entities: n n Name of the Company Nature of Relationship % of Holding n n Avanti Frozen Foods Private Limited Subsidiary 60.00% n Srivatsha Power Projects Private Limited Subsidiary 100.00% n Avanti Pet Care Private Limited Subsidiary 60.00% n Patikari Power Private Limited Associated 25.89% n n6. Corresponding previous period figures have been regrouped/reclassified wherever necessary. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 5547080000
Capital work-in-progress 304873000
Investment property 0
Goodwill 0
Other intangible assets 91348000
Intangible assets under development 0
Biological assets other than bearer plants 16744000
Investments accounted for using equity method 131522000
Non-current financial assets
Non-current investments 467757000
Trade receivables, non-current 0
Loans, non-current 22280000
Other non-current financial assets 194687000
Total non-current financial assets 684724000
Deferred tax assets (net) 0
Other non-current assets 64180000
Total non-current assets 6840471000
2 Current assets
Inventories 8807324000
Current financial asset
Current investments 10403032000
Trade receivables, current 1398451000
Cash and cash equivalents 261336000
Bank balance other than cash and cash equivalents 8725235000
Loans, current 13805000
Other current financial assets 35416000
Total current financial assets 20837275000
Current tax assets (net) 87946000
Other current assets 254006000
Total current assets 29986551000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 36827022000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 136246000
Other equity 27873383000
Total equity attributable to owners of parent 28009629000
Non controlling interest 3738782000
Total equity 31748411000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 104603000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 49798000
Total non-current financial liabilities 154401000
Provisions, non-current 18739000
Deferred tax liabilities (net) 331698000
Deferred government grants, Non-current 0
Other non-current liabilities 44465000
Total non-current liabilities 549303000
Current liabilities
Current financial liabilities
Borrowings, current 27894000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 91791000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3913011000
Total Trade payable 4004802000
Other current financial liabilities 63242000
Total current financial liabilities 4095938000
Other current liabilities 398747000
Provisions, current 34623000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 4529308000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 5078611000
Total equity and liabilites 36827022000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Shrimp Feed 10260136000 44096093000
2 Processed Shrimp 3497972000 11802719000
3 Power 1896000 16290000
4 Shrimp Hatchery 91963000 216817000
Total Segment Revenue 13851967000 56131919000
Less: Inter segment revenue 609000 609000
Revenue from operations 13851358000 56122607000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Shrimp Feed 1564970000 5270157000
2 Processed Shrimp 41280000 486136000
3 Power -6598000 -15452000
4 Shrimp Hatchery 32702000 31340000
Total Profit before tax 1632354000 5772181000
i. Finance cost 6070000 6070000
ii. Other Unallocable Expenditure net off Unallocable income -488179000 -488179000
Profit before tax 2114463000 7374938000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Shrimp Feed 9548650000 9548650000
2 Processed Shrimp 8906624000 8906624000
3 Power 268995000 268995000
4 Shrimp Hatchery 345059000 345059000
Total Segment Asset 19069328000 19069328000
Un-allocable Assets 17757694000 17757694000
Net Segment Asset 36827022000 36827022000
4 Segment Liabilities
Segment Liabilities
1 Shrimp Feed 2695562000 2695562000
2 Processed Shrimp 1071091000 1071091000
3 Power 5356000 5356000
4 Shrimp Hatchery 8564000 8564000
Total Segment Liabilities 3780573000 3780573000
Un-allocable Liabilities 1298038000 1298038000
Net Segment Liabilities 5078611000 5078611000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 11331000 14963000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -11331000 -14963000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 7372421000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 22500000
Adjustments for decrease (increase) in inventories 39295000
Adjustments for decrease (increase) in trade receivables, current 36245000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 55904000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -74617000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 792048000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 117688000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 590218000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 53362000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 43653000
Adjustments for unrealised foreign exchange losses gains -155433000
Adjustments for dividend income 187000
Adjustments for interest income 805512000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -579348000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -51277000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 84539000
Net cash flows from (used in) operations 7456960000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 1629724000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 5827236000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses -252010000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 54147000
Purchase of property, plant and equipment 1525309000
Proceeds from sales of investment property -11846510000
Purchase of investment property -9125441000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 187000
Interest received 546075000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1440828000
Net cash flows from (used in) investing activities -4834787000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 6906000
Payments of lease liabilities 9369000
Dividends paid 975087000
Interest paid 20380000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 155433000
Net cash flows from (used in) financing activities -856309000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 136140000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 136140000
Cash and cash equivalents cash flow statement at beginning of period 125196000
Cash and cash equivalents cash flow statement at end of period 261336000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Tukaram & Co. LLP Yes 31-Aug-2026