Blog

List of Top Aquaculture company in India | Detailed View

Here is the list of Top Aquaculture company in India based on market capitalization in 2020

  • Avanti Feeds Ltd
  • Apex Frozen Foods Ltd
  • Waterbase Ltd
  • Coastal Corporation Ltd
  • Zeal Aqua Ltd

Top Aquaculture company in India

#1. Avanti Feeds Ltd

Avanti Feeds Ltd is the largest aquaculture company in India with a market cap of 6,086 Cr. in 2020

IndustryAquaculture
Founded1993
Chairman & Managing DirectorA. Indra Kumar

Avanti Feeds is the leading manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India.

The company is the largest manufacturer of shrimp feed-in India and a dominant player in India’s aquaculture sector.

It has established a joint venture with Thai Union Frozen Products PCL., the world’s largest seafood processors and leading manufacturer of prawn and fish feeds in Thailand with integrated facilities from Hatchery to Shrimp & Fish processing and Exports.

BUSINESS SEGMENTS

#1. Shrimp feed

Plants: 5 operating units

Capacity : 600,000 TPA

Brands

  • Profeed
  • Titan
  • Manamei

Products : Shrimp feed

Markets: India & Bangladesh

#2. Shrimp processing & exports

Plants: 2 operating units

Capacity : 22,000 TPA

Products :

  • Raw shrimps
  • Cooked shrimps
  • Skewers
  • Marinated products

Markets:

  • USA
  • Europe
  • Japan
  • Korea
  • China
  • Australia
  • Middle East

REVENUE BREAK-UP BY BUSINESS SEGMENTS(%)

Avanti feed lts- a leading aquaculture company in India Revenue mix by business segments(%)

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  6,086 Cr.
  • Current Price:  446.70
  • 52 weeks High / Low  770.00 / 250.00
  • Book Value:  103.03
  • Stock P/E: 17.56
  • Dividend Yield: 1.12 %
  • ROCE: 36.49 %
  • ROE: 23.11 %
  • Sales Growth (3Yrs): 21.69 %

BONUS SHARE ISSUE HISTORY

Bonus History (Avanti Feeds)

DateBonus Ratio
09-05-20181:2

FINANCIAL PERFORMANCE OF AVANTI FEEDS LTD IN LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales904,11546.56%
Profit-1346–
Share Price1.69446.7074.67%

#2. Apex Frozen Foods Ltd

Apex Frozen Foods Ltd is the second-largest aquaculture company in India with a market cap of 709.06 Cr. in 2020.

IndustryAquaculture
Founded1995
Chairman & Managing DirectorMr. K. Satyanarayana Murthy

Commenced business operations in 1995, Apex Frozen Foods has grown to become one of the leading shrimp processors in India.

Apex Frozen Foods is One of the Leading Exporters of Processed Shrimp in India.

The company has diversified customer base of Food Companies, Retail Chains, Restaurants, Club Stores, and Distributors across the key markets.

OPERATIONS

It has Well-integrated operations with presence across the value chain – Hatchery, Farming, Processing, and Exporting of Shrimp.

  • Hatcheries with a total capacity of 1.2-1.4 bn SPF seed
  • 1,500 acres of farm-land operated by the Company(20 – 200 km from most farms from where produced is sourced)
  • Processing plants with a total capacity of 29,240 MTPA

BRANDS

The company majorly comprises of variants of processed White-leg shrimp (L.Vannamei) and Black Tiger shrimp (P. Monodon) in frozen form.

These are mostly sold under the brands owned by our customers and some through our brands namely Bay Fresh, Bay Harvest, and Bay Premium.

Apex Frozen Foods Ltd BRANDS

PRODUCTS

Ready-to-Cook

  • Head-On, Whole Shrimp
  • Headless, Shell-on, Shrimp
  • Easy Peel Shrimp
  • Peeled, Deveined, Tail-on Shrimp
  • Peeled Un-deveined, Tail-on Shrimp
  • Peeled, Deveined, Tail-off Shrimp
  • Peeled, Un-deveined Shrimp
  • Peeled, Vein Peeled and Deveined Shrimp
  • Butterfly Shrimp
  • Skewered Shrimp

KEY EXPORT MARKETS – FY20

Apex Frozen Foods Ltd - aquaculture company in India key export market -2020

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  709.06 Cr.
  • Current Price:  226.90
  • 52 weeks High / Low  444.85 / 132.00
  • Book Value:  126.68
  • Stock P/E: 11.69
  • Dividend Yield: 0.88 %
  • ROCE: 23.56 %
  • ROE: 18.50 %
  • Sales Growth (3Yrs): 13.17 %

#3. Waterbase Ltd

 Waterbase Ltd is the third largest aquaculture company in India with a market cap of 376.98 Cr. in 2020.

IndustryAquaculture
Founded1987
ChairmanVikramaditya Mohan Thapar
CEORamakanth V. Akula

The Waterbase Ltd. was established in 1993 as India’s first fully-integrated aquaculture company. It was initially set up in technical association with LUXE, Taiwan, which is one of the world’s largest producers of prawn and fish feeds.

The company is Niche Player in the high growth Aquaculture Industry in India

  • 1,10,000 MT Installed Manufacturing capacity of Shrimp Feed

BUSINESS SEMENTS

  • Feed
  • Processing
  • Farm Care
  • Hatchery

REVENUE MIX BY BUSINESS SEGMENTS(%)

Waterbase Ltd revenue mix(%)

BRANDS & PRODUCTS

waterbase ltd brands & Products

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  376.98 Cr.
  • Current Price:  91.00
  • 52 weeks High / Low  164.50 / 65.00
  • Book Value:  44.39
  • Stock P/E: 20.33
  • Dividend Yield: 1.65 %
  • ROCE: 26.74 %
  • ROE: 19.13 %
  • Sales Growth (3Yrs): 6.51 %

FINANCIAL PERFORMANCE OFWATERBASE LTD IN LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales2632228.61%
Profit-419–
Share Price4.599134.81%

#4. Coastal Corporation Ltd

Coastal Corporation Ltd is the 4th largest aquaculture company in India with a market cap of 196.21 Cr. in 2020.

IndustryAquaculture
Founded1981
MDMr. T. Valsaraj

Coastal Corporation Ltd is engaged in the processing and export of frozen aqua and seafood products mainly shrimps.

It exports mainly to the United States of America (USA) and European Countries. Besides, the company also exports to countries such as Canada, the United Arab Emirates (U.A.E.), Saudi Arabia, Australia, etc.

It operates in two processing facilities located in Andhra Pradesh, with an aggregate installed capacity of 72.5 metric tons per day.

SHRIMP PRODUCTS

  • Sea
    • Sea Tiger
    • Whites
    • Pink Browns
  • Aquaculture
    • Vannamei
    • Black Tiger

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  196.21 Cr.
  • Current Price:  192.95
  • 52 weeks High / Low  334.90 / 125.50
  • Book Value:  153.73
  • Stock P/E: 5.63
  • Dividend Yield: 0.78 %
  • ROCE: 39.61 %
  • ROE: 41.31 %
  • Sales Growth (3Yrs): 12.14 %

#5. Zeal Aqua Ltd

Zeal Aqua Ltd is the 5th largest aquaculture company in India with a market cap of 75.45 Cr. Cr. in 2020.

IndustryAquaculture
Founded2009
Chairman & MDMr. Shantilal Ishwarlal Patel

Zeal Aqua Ltd is a leading aquaculture company with a production capacity of 1500 tons of shrimp in the year 2015.

It is one of the largest producers of shrimp in Gujarat.

Currently, The company is exporting to Europe, UAE, Saudi Arabia, Vietnam, Australia, Japan, and South Korea

BUSINESS SEGMENTS

Your company has three business segment

  • Trading Shrimp medicines and feeds
  • Shrimp Farming
  • Shrimp processing

PRODUCTS

  • Tiger Shrimp
  • Vannamei Shrimp
  • Shrimp medicines and feeds

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  75.45 Cr.
  • Current Price:  59.85
  • 52 weeks High / Low  119.00 / 45.35
  • Book Value:  43.58
  • Stock P/E: 11.90
  • Dividend Yield: 0.00 %
  • ROCE: 15.00 %
  • ROE: 16.73 %
  • Sales Growth (3Yrs): 24.10 %

All financial data taken from www.screener.in

Leave a Reply