
Avanti Feeds Ltd
NSE:AVANTIFEED

Income Statement
Earnings Waterfall
Avanti Feeds Ltd
Revenue
|
55.1B
INR
|
Cost of Revenue
|
-42.5B
INR
|
Gross Profit
|
12.6B
INR
|
Operating Expenses
|
-7.4B
INR
|
Operating Income
|
5.3B
INR
|
Other Expenses
|
-457m
INR
|
Net Income
|
4.8B
INR
|
Income Statement
Avanti Feeds Ltd
Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||
Revenue |
20 183
N/A
|
21 393
+6%
|
22 908
+7%
|
24 129
+5%
|
26 157
+8%
|
28 895
+10%
|
30 590
+6%
|
32 302
+6%
|
33 929
+5%
|
34 349
+1%
|
33 354
-3%
|
34 643
+4%
|
34 878
+1%
|
35 410
+2%
|
38 508
+9%
|
39 382
+2%
|
41 153
+4%
|
39 772
-3%
|
40 445
+2%
|
40 372
0%
|
41 006
+2%
|
45 539
+11%
|
46 483
+2%
|
48 018
+3%
|
50 360
+5%
|
51 964
+3%
|
52 925
+2%
|
53 262
+1%
|
50 870
-4%
|
50 714
0%
|
50 277
-1%
|
51 784
+3%
|
53 689
+4%
|
53 215
-1%
|
53 981
+1%
|
55 106
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15 923)
|
(17 162)
|
(18 931)
|
(20 055)
|
(21 518)
|
(21 728)
|
(21 872)
|
(22 509)
|
(25 286)
|
(25 356)
|
(25 348)
|
(26 971)
|
(28 741)
|
(27 736)
|
(30 107)
|
(31 311)
|
(34 196)
|
(31 417)
|
(31 750)
|
(31 262)
|
(33 701)
|
(36 621)
|
(38 637)
|
(40 363)
|
(44 267)
|
(43 612)
|
(43 858)
|
(43 798)
|
(43 429)
|
(40 694)
|
(40 116)
|
(41 390)
|
(45 509)
|
(42 214)
|
(42 333)
|
(42 475)
|
|
Gross Profit |
4 260
N/A
|
4 230
-1%
|
3 978
-6%
|
4 075
+2%
|
4 639
+14%
|
7 168
+55%
|
8 719
+22%
|
9 794
+12%
|
8 643
-12%
|
8 995
+4%
|
8 007
-11%
|
7 673
-4%
|
6 137
-20%
|
7 673
+25%
|
8 400
+9%
|
8 070
-4%
|
6 957
-14%
|
8 355
+20%
|
8 695
+4%
|
9 110
+5%
|
7 305
-20%
|
8 918
+22%
|
7 846
-12%
|
7 655
-2%
|
6 093
-20%
|
8 352
+37%
|
9 067
+9%
|
9 464
+4%
|
7 441
-21%
|
10 020
+35%
|
10 161
+1%
|
10 394
+2%
|
8 180
-21%
|
11 001
+34%
|
11 648
+6%
|
12 631
+8%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 037)
|
(1 919)
|
(1 708)
|
(1 685)
|
(1 476)
|
(2 527)
|
(2 818)
|
(3 077)
|
(2 054)
|
(3 381)
|
(3 580)
|
(3 705)
|
(2 356)
|
(3 917)
|
(4 082)
|
(4 215)
|
(2 775)
|
(4 272)
|
(4 367)
|
(4 520)
|
(3 112)
|
(5 079)
|
(5 122)
|
(5 162)
|
(3 279)
|
(5 442)
|
(5 830)
|
(6 102)
|
(3 935)
|
(6 214)
|
(6 209)
|
(6 315)
|
(4 162)
|
(6 772)
|
(7 008)
|
(7 363)
|
|
Selling, General & Administrative |
(1 934)
|
(1 809)
|
(1 814)
|
(1 839)
|
(1 338)
|
(862)
|
(981)
|
(1 071)
|
(1 816)
|
(1 079)
|
(1 020)
|
(1 007)
|
(1 997)
|
(1 029)
|
(1 108)
|
(1 104)
|
(2 398)
|
(1 130)
|
(1 193)
|
(1 241)
|
(2 703)
|
(1 307)
|
(1 227)
|
(1 246)
|
(2 872)
|
(1 321)
|
(1 470)
|
(1 572)
|
(3 509)
|
(1 794)
|
(1 840)
|
(1 896)
|
(3 598)
|
(2 075)
|
(2 202)
|
(2 361)
|
|
Depreciation & Amortization |
(102)
|
(99)
|
(106)
|
(119)
|
(137)
|
(150)
|
(167)
|
(198)
|
(238)
|
(283)
|
(324)
|
(344)
|
(358)
|
(362)
|
(369)
|
(370)
|
(377)
|
(378)
|
(377)
|
(403)
|
(409)
|
(419)
|
(427)
|
(413)
|
(408)
|
(403)
|
(398)
|
(401)
|
(426)
|
(459)
|
(503)
|
(541)
|
(564)
|
(577)
|
(584)
|
(589)
|
|
Other Operating Expenses |
0
|
(10)
|
212
|
274
|
0
|
(1 517)
|
(1 671)
|
(1 809)
|
0
|
(2 018)
|
(2 235)
|
(2 353)
|
0
|
(2 525)
|
(2 604)
|
(2 740)
|
0
|
(2 764)
|
(2 798)
|
(2 876)
|
0
|
(3 352)
|
(3 467)
|
(3 504)
|
0
|
(3 720)
|
(3 962)
|
(4 127)
|
0
|
(3 961)
|
(3 865)
|
(3 877)
|
0
|
(4 119)
|
(4 221)
|
(4 411)
|
|
Operating Income |
2 223
N/A
|
2 312
+4%
|
2 269
-2%
|
2 389
+5%
|
3 164
+32%
|
4 640
+47%
|
5 900
+27%
|
6 717
+14%
|
6 589
-2%
|
5 613
-15%
|
4 427
-21%
|
3 967
-10%
|
3 781
-5%
|
3 757
-1%
|
4 319
+15%
|
3 856
-11%
|
4 182
+8%
|
4 083
-2%
|
4 328
+6%
|
4 590
+6%
|
4 193
-9%
|
3 839
-8%
|
2 724
-29%
|
2 493
-8%
|
2 813
+13%
|
2 911
+3%
|
3 238
+11%
|
3 363
+4%
|
3 505
+4%
|
3 806
+9%
|
3 952
+4%
|
4 079
+3%
|
4 018
-1%
|
4 230
+5%
|
4 640
+10%
|
5 268
+14%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
117
|
(39)
|
(29)
|
(40)
|
141
|
(33)
|
(39)
|
(34)
|
315
|
(20)
|
(16)
|
(6)
|
356
|
(20)
|
(18)
|
(22)
|
646
|
(12)
|
(18)
|
(22)
|
775
|
(52)
|
(74)
|
(95)
|
607
|
(98)
|
(72)
|
(50)
|
823
|
(8)
|
(8)
|
(4)
|
1 256
|
(19)
|
(21)
|
(20)
|
|
Non-Reccuring Items |
39
|
(4)
|
(7)
|
(7)
|
1
|
0
|
0
|
0
|
(8)
|
44
|
44
|
44
|
51
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
0
|
(41)
|
(213)
|
(276)
|
(276)
|
(288)
|
(129)
|
(81)
|
(134)
|
(80)
|
(67)
|
(52)
|
(1)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
(7)
|
152
|
167
|
179
|
62
|
278
|
316
|
431
|
148
|
509
|
517
|
495
|
96
|
631
|
725
|
781
|
41
|
796
|
773
|
859
|
130
|
865
|
934
|
838
|
95
|
727
|
736
|
842
|
73
|
1 123
|
1 193
|
1 239
|
96
|
1 384
|
1 466
|
1 520
|
|
Pre-Tax Income |
2 367
N/A
|
2 421
+2%
|
2 400
-1%
|
2 522
+5%
|
3 367
+34%
|
4 887
+45%
|
6 179
+26%
|
7 115
+15%
|
7 045
-1%
|
6 146
-13%
|
4 972
-19%
|
4 500
-9%
|
4 281
-5%
|
4 368
+2%
|
5 025
+15%
|
4 614
-8%
|
4 849
+5%
|
4 866
+0%
|
5 083
+4%
|
5 428
+7%
|
5 097
-6%
|
4 611
-10%
|
3 371
-27%
|
2 958
-12%
|
3 239
+9%
|
3 251
+0%
|
3 772
+16%
|
4 074
+8%
|
4 268
+5%
|
4 841
+13%
|
5 070
+5%
|
5 262
+4%
|
5 369
+2%
|
5 594
+4%
|
6 085
+9%
|
6 768
+11%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(792)
|
(819)
|
(807)
|
(835)
|
(1 104)
|
(1 624)
|
(2 077)
|
(2 422)
|
(2 380)
|
(2 069)
|
(1 610)
|
(1 336)
|
(1 214)
|
(1 187)
|
(1 123)
|
(976)
|
(986)
|
(858)
|
(1 097)
|
(1 169)
|
(1 123)
|
(1 034)
|
(714)
|
(724)
|
(787)
|
(834)
|
(1 014)
|
(1 049)
|
(1 145)
|
(1 297)
|
(1 371)
|
(1 436)
|
(1 430)
|
(1 432)
|
(1 536)
|
(1 643)
|
|
Income from Continuing Operations |
1 575
|
1 602
|
1 593
|
1 688
|
2 263
|
3 262
|
4 101
|
4 692
|
4 665
|
4 077
|
3 362
|
3 164
|
3 066
|
3 181
|
3 903
|
3 639
|
3 863
|
4 009
|
3 986
|
4 259
|
3 974
|
3 579
|
2 660
|
2 238
|
2 452
|
2 419
|
2 759
|
3 025
|
3 123
|
3 543
|
3 700
|
3 827
|
3 938
|
4 162
|
4 550
|
5 125
|
|
Income to Minority Interest |
0
|
0
|
(34)
|
(75)
|
(106)
|
(128)
|
(196)
|
(200)
|
(200)
|
(221)
|
(206)
|
(278)
|
(330)
|
(371)
|
(370)
|
(363)
|
(398)
|
(432)
|
(483)
|
(485)
|
(373)
|
(289)
|
(241)
|
(167)
|
(237)
|
(269)
|
(285)
|
(328)
|
(336)
|
(355)
|
(335)
|
(363)
|
(367)
|
(373)
|
(366)
|
(313)
|
|
Net Income (Common) |
1 575
N/A
|
1 602
+2%
|
1 558
-3%
|
1 613
+4%
|
2 157
+34%
|
3 136
+45%
|
3 907
+25%
|
4 492
+15%
|
4 465
-1%
|
3 854
-14%
|
3 155
-18%
|
2 886
-9%
|
2 736
-5%
|
2 810
+3%
|
3 533
+26%
|
3 276
-7%
|
3 465
+6%
|
3 577
+3%
|
3 503
-2%
|
3 774
+8%
|
3 601
-5%
|
3 289
-9%
|
2 417
-27%
|
2 069
-14%
|
2 216
+7%
|
2 150
-3%
|
2 475
+15%
|
2 698
+9%
|
2 787
+3%
|
3 188
+14%
|
3 364
+6%
|
3 464
+3%
|
3 571
+3%
|
3 790
+6%
|
4 184
+10%
|
4 811
+15%
|
|
EPS (Diluted) |
11.58
N/A
|
12.51
+8%
|
12.36
-1%
|
13
+5%
|
15.86
+22%
|
23.4
+48%
|
31
+32%
|
34.29
+11%
|
32.83
-4%
|
28.33
-14%
|
23.19
-18%
|
21.22
-8%
|
20.11
-5%
|
20.66
+3%
|
25.97
+26%
|
24.08
-7%
|
25.47
+6%
|
26.3
+3%
|
25.75
-2%
|
27.75
+8%
|
26.47
-5%
|
24.18
-9%
|
17.77
-27%
|
15.21
-14%
|
16.29
+7%
|
15.8
-3%
|
18.19
+15%
|
19.83
+9%
|
20.45
+3%
|
23.41
+14%
|
24.7
+6%
|
25.44
+3%
|
26.21
+3%
|
27.82
+6%
|
30.71
+10%
|
35.31
+15%
|