Hi Ayush ,
The company has guided of ending the year with 6 Lac MT Shrimp Feed Sales (9M figures are around 4.2Lac MT) and 15000 MT for processed Shrimp. The available Capacity is around 7,75,000 TPA for Shrimp Feed and for Shrimp Processing , it is around 29,000 TPA so capacity wise , they do not need any Capex as of now.
What I want to understand is How Big the Market is…? At what levels , these sales can go up in say next 5-6 Years. Though Company is planning to make Fish Feed and can also go into other verticals in similar line of business but do you have any idea of Market of Shrimp Feed and Processed Shrimp.
Avanti is no doubt the Market leader which has consistently performed well. I only want to understand how Big it can Grow…! If you have any idea or figures which you may have read or heard in any concall or discussions…
Disc : No Holdings , Interested…
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