Heritage Foods Limited HERITGFOOD NSE

Consumer Defensive · Packaged Foods · India

https://www.heritagefoods.in

Heritage Foods Limited procures and processes milk and milk products in India. The company operates through Dairy, Renewable Energy, and Feed segments. It offers milk, curd, butter milk, lassi, ice cream, frozen desserts, milkshakes, paneer, ghee, butter, cheese, fresh cream, cold coffee, cooking butter, milk powder, flavored milk, UHT milk, and dairy whitener products; and operates and franchises Heritage Parlour outlets, as well as exports dairy products. The company also produces power through solar and wind power plants. In addition, it provides cattle feed, feed supplements, veterinary medicines, and fish feed. The company was incorporated in 1992 and is headquartered in Hyderabad, India.

Market & Price

Market Cap

₹2,976.90 Cr

Current Price

₹320.80

High / Low (52W)

₹533.45 / ₹293.95

Beta

0.32

Valuation

Stock P/E

19.77

Industry PE

23.47

Forward P/E

14.43

PEG Ratio

Book Value

₹119.81

Price to Book

2.68

P/S

0.66

EV/EBITDA

11.48

Dividend Yield

0.78%

Profitability & Returns

ROCE

15.00%

ROE

14.44%

ROA

6.62%

Profit Margin

3.32%

Op Margin

2.67%

EPS (Latest Qtr)

₹2.60

EPS (TTM)

₹16.23

Balance Sheet & Liquidity

Debt/Equity

0.33

Quick Ratio

0.67

Current Ratio

1.40

Debt

₹361.48 Cr

Total Assets

₹1,949.81 Cr

Current Assets

₹693.56 Cr

Working Capital

₹199.74 Cr

Ownership

Promoter Holding

54.22%

Chg in Prom Hold

FII / Inst Holding

6.92%

Chg in FII Hold

Financial Snapshot

Enterprise Value

₹3,064.87 Cr

Total Revenue (TTM)

₹4,525.99 Cr

EBITDA

₹266.88 Cr

Free Cash Flow

₹-169.11 Cr

Operating Cash Flow

₹237.18 Cr

Shares Outstanding

₹9.28 Cr

Gross Margin

23.44%

Payout Ratio

15.41%

Growth (CAGR)

Revenue 5Y

11.80%

Profit 5Y

37.32%

Revenue (YoY)

10.40%

Earnings (YoY)

-36.70%

PROS

Compounding revenue at 11.8% over 5 years.
Profit CAGR of 37.3% over 5 years.

CONS

Trading 39.9% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	HERITGFOOD Heritage Foods Limited NSE	320.80	19.77	₹2,976.90 Cr	0.78%	15.00%	14.44%	11.80%	37.32%
2	HINDUNILVR Hindustan Unilever Limited NIFTY50NSE	2,153.50	47.62	₹5.06 L Cr	2.04%	22.15%	21.60%	2.31%	14.12%
3	ITC ITC Limited NIFTY50NSE	286.90	17.39	₹3.59 L Cr	5.58%	36.47%	29.34%	3.65%	2.54%
4	NESTLEIND Nestlé India Limited NIFTY50NSE	1,421.50	78.10	₹2.74 L Cr	0.84%	59.30%	76.34%	17.01%	23.05%
5	DMART Avenue Supermarts Limited NSE	4,054.50	88.49	₹2.64 L Cr	-	16.41%	12.94%	17.21%	7.69%
6	VBL Varun Beverages Limited NSE	528.00	56.17	₹1.79 L Cr	0.38%	19.44%	-	17.26%	26.57%
7	TATACONSUM Tata Consumer Products Limited NIFTY50NSE	1,178.40	75.78	₹1.17 L Cr	0.85%	8.29%	6.94%	13.87%	8.61%
8	MARICO Marico Limited NIFTY_MIDNSE	821.70	60.60	₹1.06 L Cr	0.49%	39.00%	41.39%	12.00%	10.61%
9	GODREJCP Godrej Consumer Products Limited NSE	1,029.30	56.49	₹1.05 L Cr	1.94%	21.44%	15.10%	4.59%	3.02%

Quarterly Results

Figures in INR.

Metric	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026
Revenue	-	1,033.93 Cr	1,048.47 Cr	1,136.76 Cr	1,119.16 Cr	1,157.56 Cr
Cost of Revenue	-	783.12 Cr	781.64 Cr	866.15 Cr	861.16 Cr	898.57 Cr
Gross Profit	-	250.81 Cr	266.83 Cr	270.61 Cr	258.00 Cr	258.99 Cr
Operating Expenses	-	194.52 Cr	204.10 Cr	215.41 Cr	215.39 Cr	228.03 Cr
Operating Income	-	56.29 Cr	62.73 Cr	55.19 Cr	42.61 Cr	30.96 Cr
EBITDA	-	80.55 Cr	76.17 Cr	77.85 Cr	70.66 Cr	59.05 Cr
Interest Expense	-	3.98 Cr	4.18 Cr	4.21 Cr	3.86 Cr	5.32 Cr
Pretax Income	-	58.81 Cr	54.17 Cr	54.95 Cr	46.39 Cr	31.97 Cr
Tax Provision	-	15.76 Cr	16.00 Cr	14.40 Cr	11.79 Cr	8.03 Cr
Net Income	-	43.05 Cr	38.17 Cr	40.57 Cr	34.60 Cr	23.94 Cr
Diluted EPS	-	4.64	4.11	4.37	3.73	2.60

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	3,239.06 Cr	3,791.82 Cr	4,134.60 Cr	4,525.90 Cr
Cost of Revenue	-	2,644.55 Cr	3,040.46 Cr	3,101.42 Cr	3,465.28 Cr
Gross Profit	-	594.51 Cr	751.36 Cr	1,033.17 Cr	1,060.62 Cr
Operating Expenses	-	507.09 Cr	598.15 Cr	771.09 Cr	874.81 Cr
Operating Income	-	87.42 Cr	153.21 Cr	262.09 Cr	185.81 Cr
EBITDA	-	141.11 Cr	214.38 Cr	343.23 Cr	299.32 Cr
Interest Expense	-	3.22 Cr	8.47 Cr	15.43 Cr	17.22 Cr
Pretax Income	-	81.74 Cr	145.09 Cr	258.24 Cr	201.12 Cr
Tax Provision	-	23.77 Cr	38.54 Cr	69.96 Cr	50.98 Cr
Net Income	-	57.98 Cr	106.55 Cr	188.28 Cr	150.14 Cr
Diluted EPS	-	6.33	11.48	20.29	16.22

Compounded Sales Growth

5 Years:	11.80%
1 Year:	10.40%

Compounded Profit Growth

5 Years:	37.32%
1 Year:	-36.70%

Stock Price Performance

1 Year:	-20.11%
6 Months:	-30.87%
3 Months:	-2.33%
1 Month:	-10.43%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	1,125.02 Cr	1,281.10 Cr	1,558.34 Cr	1,949.81 Cr
Current Assets	-	453.29 Cr	524.98 Cr	685.16 Cr	693.56 Cr
Cash & Equivalents	-	16.34 Cr	78.51 Cr	64.48 Cr	64.70 Cr
Inventory	-	378.94 Cr	261.91 Cr	355.21 Cr	318.25 Cr
Receivables	-	28.01 Cr	28.71 Cr	38.05 Cr	71.15 Cr
Total Liabilities	-	399.15 Cr	472.94 Cr	586.38 Cr	841.69 Cr
Current Liabilities	-	314.59 Cr	307.07 Cr	376.57 Cr	493.82 Cr
Long Term Debt	-	4.50 Cr	75.15 Cr	111.03 Cr	223.03 Cr
Total Debt	-	167.96 Cr	132.17 Cr	174.48 Cr	361.48 Cr
Total Equity	-	725.87 Cr	808.16 Cr	971.96 Cr	1,103.32 Cr
Shares Outstanding	-	9.28 Cr	9.28 Cr	9.28 Cr	9.28 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	-60.51 Cr	389.88 Cr	213.93 Cr	237.18 Cr
Investing Cash Flow	-	-82.62 Cr	-251.77 Cr	-228.96 Cr	-374.73 Cr
Financing Cash Flow	-	126.35 Cr	-75.93 Cr	99.80 L	137.78 Cr
Capital Expenditure	-	-83.35 Cr	-127.28 Cr	-176.45 Cr	-382.39 Cr
Free Cash Flow	-	-143.86 Cr	262.60 Cr	37.48 Cr	-145.21 Cr
Net Change in Cash	-	-16.77 Cr	62.17 Cr	-14.03 Cr	23.00 L

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	18.4%	19.8%	25.0%	23.4%
Operating Margin %	-	2.7%	4.0%	6.3%	4.1%
Net Margin %	-	1.8%	2.8%	4.6%	3.3%
ROE %	-	8.0%	13.2%	19.4%	13.6%
ROCE %	-	10.8%	15.7%	22.2%	12.8%

Shareholding Pattern

Insiders

54.22%

Institutions

6.92%

Public Float

15.11%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for HERITGFOOD

No recent headlines available.

HERITGFOOD · Consumer Defensive