Avanti Feeds

Few takeaways from concall:

  1. Finished Feed prices is decreased by 3 rupees per kg, due to global uncertainty .
  2. MSP of soya is increased by government, which will increase raw material prices.
  3. Ecuador is having edge when it comes to overall duty (Antidumping, CVD, Flat tariff imposed by Trump). Management continue to emphasis on value added shrimp category, which Eucador cannot able to supply. How much this translate into numbers is still debatable?
  4. Aims to go for 10 crore revenue for newly launched Pet care division (Cat feed)
    Disclaimer: Not holding
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