Avanti Feeds: Shrimp Export Surge

India's aquaculture exports rebound in 2026 after US tariffs eased from 50% to 18%, boosting shrimp shipments. Avanti Feeds, top feed maker and processor, eyes strong gains from US (41% volumes), China surge. This benefits shareholders with profit growth and stock rally. Business Strength Avanti leads shrimp feed (India's coast), frozen shrimp exports, hatchery. Q3 FY26 revenue Rs 1,447 Cr (+3% YoY), PAT Rs 163 Cr (+16%), EBITDA Rs 239 Cr (17.3% margin). Feed sales 1.18 lakh MT, processing up 62% Q2 YoY. FY26 feed target 5.75 lakh MT. US deal restores edge over Ecuador, Vietnam; China exports +1300%. Govt Rs 25,000 Cr scheme aids. Diversifies value-add products, stable demand as affordable protein. ​ Stock Rs 1,250 (Mar 2026), up 3%, 52-wk high Rs 1,489, mcap Rs 17,000 Cr. TTM EPS Rs 46 (+32%), PE 27, ROCE strong, promoter 43%. ​ Shareholder Wins Rebound hugely valuable—no major detriments. Shares jumped 19% post Q3, 16% on tariff cut. Debt-free, dividends (0.72% yield), EPS rise from volumes/prices. Risks like raw costs, seasons buffered by exports, diversification. Multibagger potential as exports hit records (FY25 $7.45 Bn).