AVANTIFEED

Strong shrimp feed demand

1. Strong shrimp feed demand Avanti Feeds continues to maintain a strong position in the Indian shrimp feed market. Growth in aquaculture activity and stable shrimp farming demand have supported business performance. 2. Export market recovery The company is benefiting from improving demand in key export markets such as: United States Europe Japan Recovery in global seafood consumption is positive for the shrimp industry. 3. Improving profitability Recent quarters have shown improvement in margins and profitability due to: Better feed sales Improved export realizations Operational efficiencies 4. Shrimp export business remains a key driver The processing and export segment continues to contribute significantly to overall earnings. Global demand trends remain an important factor for future growth. 5. Raw material prices under watch Investors are closely monitoring costs of: Fish meal Soybean meal Other feed ingredients Changes in input costs can impact margins. 6. Industry tailwinds remain favorable India's position as one of the world's leading shrimp exporters continues to support long-term industry growth. Rising global protein consumption remains a structural positive. 7. Capacity utilization and expansion The company continues focusing on improving capacity utilization and operational efficiency across its manufacturing facilities. 8. Stock performance The stock remains sensitive to: Shrimp export demand Global seafood prices Currency movements Raw material cost trends