AVTNPL
AVT Natural Products share price & financials
- Price
- ₹70.1
- Market cap
- ₹1.4k Cr
- Sector
- Fast Moving Consumer Goods
What AVT Natural Products Limited does
AVT Natural Products Limited manufactures natural ingredient solutions across three plants in Tamil Nadu and Kerala, supported by in-house R&D facilities at Vazhakulam (Kerala) and Bangalore. It markets its output globally through wholly owned subsidiaries — AVT Natural Europe Ltd (UK) for de-caffeinated tea and instant tea, AVT Natural S.A. de C.V. (Mexico) for animal nutrition products, and AVT Natural FZCO (Dubai) for animal nutrition, food additive, cosmetic and nutraceutical ingredients, with a further step-down subsidiary in the US (Delaware). The company also operates a captive windmill in Erode district, Tamil Nadu, to power one of its factories.
Segments
- De-caffeinated tea & instant tea
- Animal nutrition products
- Food additives, cosmetic & nutraceutical ingredients
- Manufacturing plants
- 3 (Sathyamangalam, Tamil Nadu; Tiptur, Karnataka; Aluva, Kerala)
- R&D facilities
- 2 (South Vazhakulam, Aluva, Kerala; Bangalore)
- Overseas marketing subsidiaries
- 4 (UK, Mexico, Dubai, USA)
- Captive windmill power generation
- 8,30,356 units (FY25)
- Captive power consumed at Sathyamangalam factory
- 7,68,111 units (FY25)
Quarterly results
Q1 FY27: revenue up 82.6%, net profit up 158.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 122 | 173 | 157 | 132 | 160 +31% | 194 +12% | 226 +44% | 241 +83% |
| EBITDA | 8 | 30 | 25 | 16 | 15 +88% | 23 −23% | 36 +44% | 40 +150% |
| Net profit | 6 | 22 | 14 | 12 | 13 +117% | 17 −23% | 22 +57% | 31 +158% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +17.7% 1Y
1Y: ₹76.55 on 10 Sept 2025 → ₹90.13. High ₹92.42 (9 Sept 2026), low ₹54.24 (30 Mar 2026).
Financials, as filed
Revenue grew 7.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 12.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹582 Cr | ₹517 Cr | ₹557 Cr | ₹712 Cr |
| Operating profit | ₹121 Cr | ₹80 Cr | ₹71 Cr | ₹90 Cr |
| Operating margin | 20.8% | 15.5% | 12.7% | 12.6% |
| Interest | ₹5 Cr | ₹7 Cr | ₹9 Cr | ₹9 Cr |
| Depreciation | ₹14 Cr | ₹14 Cr | ₹13 Cr | ₹12 Cr |
| Net profit | ₹77 Cr | ₹53 Cr | ₹48 Cr | ₹64 Cr |
| Net margin | 13.2% | 10.3% | 8.6% | 9.0% |
| Cash from operations | ₹51 Cr | ₹99 Cr | ₹-32 Cr | ₹12 Cr |
| Free cash flow | ₹43 Cr | ₹81 Cr | ₹-42 Cr | ₹-11 Cr |
| ROCE | 25.0% | 16.0% | 13.0% | 14.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹295 Cr | ₹354 Cr | ₹415 Cr | ₹454 Cr | ₹508 Cr | ₹544 Cr |
| Borrowings | ₹54 Cr | ₹25 Cr | ₹37 Cr | ₹43 Cr | ₹100 Cr | ₹114 Cr |
| Other liabilities | ₹62 Cr | ₹55 Cr | ₹55 Cr | ₹86 Cr | ₹169 Cr | ₹173 Cr |
| Total liabilities | ₹426 Cr | ₹449 Cr | ₹522 Cr | ₹598 Cr | ₹792 Cr | ₹846 Cr |
| Fixed assets | ₹89 Cr | ₹82 Cr | ₹78 Cr | ₹82 Cr | ₹63 Cr | ₹81 Cr |
| Capital work in progress | ₹0 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹14 Cr | ₹0 Cr |
| Investments | ₹8 Cr | ₹28 Cr | ₹58 Cr | ₹127 Cr | ₹115 Cr | ₹116 Cr |
| Other assets | ₹329 Cr | ₹337 Cr | ₹385 Cr | ₹390 Cr | ₹600 Cr | ₹649 Cr |
| Total assets | ₹426 Cr | ₹449 Cr | ₹522 Cr | ₹598 Cr | ₹792 Cr | ₹846 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.11 pp. The shareholder count shrank 10% to 47,171.
- Promoters
- 75.0%
- FIIs
- 0.0%
- DIIs
- 0.0%
- Public
- 24.9%
Since Jun 2025
- Public +0.11 pp
- DIIs −0.09 pp
- FIIs −0.03 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.1%, DIIs 0.0%, Public 24.9%.Dec '23: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 25.0%.Mar '24: Promoters 75.0%, FIIs 0.1%, DIIs 0.0%, Public 24.8%.Jun '24: Promoters 75.0%, FIIs 0.1%, DIIs 0.0%, Public 24.9%.Sep '24: Promoters 75.0%, FIIs 0.1%, DIIs 0.0%, Public 24.9%.Dec '24: Promoters 75.0%, FIIs 0.1%, DIIs 0.0%, Public 24.9%.Mar '25: Promoters 75.0%, FIIs 0.1%, DIIs 0.1%, Public 24.8%.Jun '25: Promoters 75.0%, FIIs 0.1%, DIIs 0.1%, Public 24.8%.Sep '25: Promoters 75.0%, FIIs 0.1%, DIIs 0.2%, Public 24.7%.Dec '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.2%, Public 24.7%.Mar '26: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Jun '26: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of AVT Natural Products Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Neelamalai Agro Industries Ltd | 40.00% | unchanged |
| The Midland Rubber And Produce Company Limited | 29.85% | unchanged |
| The Nelliampathy Tea And Produce Company Limited | 4.00% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.26% | unchanged |
| Vistra Itcl India Limited | 1.01% | unchanged |
| Ajit Thomas | 1.00% | unchanged |
| Shanthi Thomas | 0.12% | unchanged |
| Ashwin Thomas | 0.03% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹90, this stock must grow earnings at 10% every year for 7 years. Our analysis caps realistic growth at ~-6%. At that growth it is worth ₹39 — downside of 57%.
- Growth the price implies
- 9.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -6.0% a year
- net profit, FY23–FY26 · EPS -5.7%
- The gap
- 0.2 pp
- -57% downside if it only repeats history
Learn to analyse AVT Natural Products Limited
Guides on how to read this kind of business and the numbers that matter.