Will AVT Natural Products be back in favour?

The low-key company with an established business model is banking on new ingredients to fire up its growth 


AVT Natural Products has at various points in time popped up on the radar of value investors as well as tipsters. For the most part, the company has been seen as one with great potential given the addressable market for food and feed ingredients. However, that potential has not entirely come to fruition. Part of the Rs 30 billion AVT Group, promoter Ajit Thomas also controls flagship AV Thomas and Co, AVT McCormick Ingredients, AVT Leather and Allied, and AVT Gavia among others. These private entities are not subsidiaries of the listed company.