AVANTIFEED

- FY26/27 is expected to be a challenging season for the aquaculture industry due to steep increases in feed raw material prices. - India's shrimp industry faces a "paradoxical situation" with strong production but increasingly fragile economics, posing challenges for long-term sustainability due to high feed costs. - PBT margin significantly declined from 17% in Q1 FY26 to 7.06% in Q1 FY27, primarily due to rising raw material costs. - A 10% price hike on feed was implemented on June 19, 2026, to mitigate cost pressures. - Pet Food Division is estimated to require INR 175 crore investment for a new manufacturing facility, with INR 25 crore already spent on land. - Estimated FY27 feed sales are around 5,85,000 MTs and shrimp exports are around 19,000 MTs. - Government is actively working with stakeholders to stabilize feed prices and address industry challenges. - US reciprocal tariff refund is currently under pending status.

- Avanti Feeds Limited informed about the availability of the audio recording of the Investors/Analyst post earnings conference call for Q1 FY 2027. - The conference call was held on August 27, 2026, and the recording is available on the company's website.

- Q1 FY27 Consolidated Revenue ₹18,999Mn vs ₹16,064Mn (▲18.3% YoY) - EBITDA ₹1,716Mn vs ₹2,653Mn (▼35.3% YoY) - PAT ₹1,163Mn vs ₹1,857Mn (▼37.4% YoY) - EBITDA Margin 9.0% vs 16.5% (▼750bps)

- Concall Schedule - Concall Date: August 27, 2026 - Concall Time: 04:00 P.M (IST)

- Q1 FY27 Consolidated Revenue ₹1,899.86Cr vs ₹1,605.75Cr (▲18.31% YoY) - EBITDA ₹105.86Cr vs ₹214.32Cr (▼50.60% YoY) - PAT ₹116.31Cr vs ₹185.48Cr (▼37.29% YoY) - EBITDA Margin 5.57% vs 13.35% (▼778bps)