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
| Industry | Aquaculture |
| Founded | 1993 |
| Chairman & Managing Director | A. 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(%)
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)
| Date | Bonus Ratio |
|---|---|
| 09-05-2018 | 1:2 |
FINANCIAL PERFORMANCE OF AVANTI FEEDS LTD IN LAST 10 YEARS
| Year | 2010 | 2020 | CAGR Growth(%) |
| Sales | 90 | 4,115 | 46.56% |
| Profit | -1 | 346 | – |
| Share Price | 1.69 | 446.70 | 74.67% |
#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.
| Industry | Aquaculture |
| Founded | 1995 |
| Chairman & Managing Director | Mr. 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.
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
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.
| Industry | Aquaculture |
| Founded | 1987 |
| Chairman | Vikramaditya Mohan Thapar |
| CEO | Ramakanth 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(%)
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
| Year | 2010 | 2020 | CAGR Growth(%) |
| Sales | 26 | 322 | 28.61% |
| Profit | -4 | 19 | – |
| Share Price | 4.59 | 91 | 34.81% |
#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.
| Industry | Aquaculture |
| Founded | 1981 |
| MD | Mr. 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.
| Industry | Aquaculture |
| Founded | 2009 |
| Chairman & MD | Mr. 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