HERITAGE FOODS LTD·FMCG 49.13·Food Products Companies

Price

334.75

+2.12%
O:325.1
H:338.5
L:325.1
C:334.75

52W Range

292.55540
+14%/-38%

Market Cap

₹3,106.35 Cr

Traded: ₹9.75 Cr (0.31%) 0.0x

Free Float: ₹1,526.15 Cr (0.64% of FF traded)

Volume · 60D trend

2.92 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+2% 3M:-8% 6M:+8% 12M:-32%

Valuation

P/E20.7
P/B2.8
P/S0.7
EV/EBIT18.3

Business Strength

ROE20.2%
ROCE25.3%
OPM5.9%
NPM3.3%

Growth (3Y CAGR)

EPS-20.3%
Sales+12.0%
Profit+38.0%
3Y Return+26.0%

Balance Sheet

Debt/Equity0.3
Debt361 Cr
Pledge0.0%
CWIP/Fixed Asset4.0%

Cash Position

CFO/NP--
FCF42.3 Cr
FCF 3Y Avg351 Cr
Cash/MCap2.0%

Others

Div Yield0.5%
Div Payout15.0%
Cash Conv. Cycle18 days
Tradeable Free Float49.1%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 41.30 Cr
2.71% FF
60d high
₹ 45.93 Cr
60d low
₹ 38.11 Cr
60d mean
₹ 41.29 Cr
vs mean
▲ 0.03%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Profit
+10.0%
-1.0%
+38.0%
--
-21.0%
Stable
Return
+11.0%
+16.0%
+26.0%
+0.0%
--
Stable
ROE
+14.0%
+14.0%
+16.0%
--
--
Stable
Sales
+7.0%
+13.0%
+12.0%
--
+9.0%
Decelerating

Quarterly Results

Mar 2026

11 May
Rev
1.2K Cr
+11% YoY+3% QoQ
OPM5.0%
NPM2.1%
PAT
-47% YoY24 Cr
EPS
-37% YoY2.6

Dec 2025

28 Jan
Rev
1.1K Cr
+8% YoY+1% QoQ
OPM6.0%
NPM3.1%
PAT
-20% YoY35 Cr
EPS
-20% YoY3.7

Sep 2025

Rev
1.1K Cr
+9% YoY-2% QoQ
OPM7.0%
NPM4.6%
PAT
-10% YoY51 Cr
EPS
+5% YoY5.5

Jun 2025

Rev
1.1K Cr
+10% YoY+8% QoQ
OPM6.0%
NPM3.6%
PAT
-31% YoY41 Cr
EPS
-31% YoY4.4

Mar 2025

Rev
1.0K Cr
+10% YoY+1% QoQ
OPM7.0%
NPM3.6%
PAT
+9% YoY38 Cr
EPS
-6% YoY4.1

Dec 2024

Rev
1.0K Cr
+10% YoY+1% QoQ
OPM7.0%
NPM4.2%
PAT
+60% YoY43 Cr
EPS
+60% YoY4.6

Sep 2024

Rev
1.0K Cr
+4% YoY-1% QoQ
OPM8.0%
NPM4.8%
PAT
+117% YoY49 Cr
EPS
+117% YoY5.2

Jun 2024

Rev
1.0K Cr
+12% YoY+9% QoQ
OPM9.0%
NPM5.6%
PAT
+249% YoY58 Cr
EPS
+250% YoY6.3

Mar 2024

Rev
951 Cr
+16% YoY+1% QoQ
OPM7.0%
NPM4.2%
PAT
+126% YoY40 Cr
EPS
+126% YoY4.4

Dec 2023

Rev
941 Cr
+20% YoY-4% QoQ
OPM5.0%
NPM2.9%
PAT
+96% YoY27 Cr
EPS
+96% YoY2.9

Sep 2023

Rev
979 Cr
--+6% QoQ
OPM5.0%
NPM2.3%
PAT
+18% YoY22 Cr
EPS
--2.4

Jun 2023

Rev
924 Cr
--+13% QoQ
OPM4.0%
NPM1.8%
PAT
+130% YoY17 Cr
EPS
--1.8

Mar 2023

Rev
818 Cr
--+4% QoQ
OPM5.0%
NPM2.2%
PAT
+39% YoY18 Cr
EPS
--1.9

Dec 2022

Rev
786 Cr
----
OPM4.0%
NPM1.8%
PAT
-34% YoY14 Cr
EPS
--1.5

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.33
Interest Coverage--x
Promoter Pledge0.0%
Borrowings361 Cr

Efficiency

Receivable Days6 days
Inventory Days34 days
Payable Days22 days
Cash Conversion cycle18 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow42 Cr

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales1,1581,1191,1131,1371,0481,0341,0201,033951941979924818786
Expenses1,1051,0561,0351,064970962938940882891933885778755
Operating Profit5263777378728192695045394031
OPM %5.0%6.0%7.0%6.0%7.0%7.0%8.0%9.0%7.0%5.0%5.0%4.0%5.0%4.0%
Other Income78155-2876532333
Interest54444443322320
Depreciation2220201918181717161615151514
Profit Before Tax3246685554596778553631242619
Tax %25.0%25.0%25.0%26.0%30.0%27.0%28.0%25.0%26.0%25.0%27.0%29.0%31.0%28.0%
Net Profit2435514138434958402722171814
Exceptional Items1090-9000000000
EPS (Rs)2.63.75.54.44.14.65.26.34.42.92.41.81.91.5
Sales Growth (YoY)10.5%8.2%9.1%10.1%10.2%9.9%4.2%11.8%16.3%19.7%--------
Sales Growth (QoQ)3.5%0.5%-2.1%8.5%1.4%1.4%-1.3%8.6%1.1%-3.9%6.0%13.0%4.1%--
OP Growth (YoY)-33.3%-12.5%-4.9%-20.7%13.0%44.0%80.0%135.9%72.5%61.3%--------
OP Growth (QoQ)-17.5%-18.2%5.5%-6.4%8.3%-11.1%-12.0%33.3%38.0%11.1%15.4%-2.5%29.0%--
Profit Growth (YoY)-47.3%-19.6%-9.6%-30.6%9.4%60.0%117.0%249.0%125.9%95.9%17.6%129.9%38.8%-34.4%
EPS Growth (YoY)-37.2%-19.6%5.0%-30.6%-5.7%60.0%117.4%250.0%125.9%96.0%--------
EPS Growth (QoQ)-30.8%-32.2%25.9%6.3%-11.4%-11.4%-16.8%44.5%50.3%20.3%33.9%-6.7%30.4%--
OP Margin4.5%5.6%6.9%6.4%7.4%7.0%7.9%8.9%7.3%5.3%4.6%4.2%4.9%3.9%
Net Margin2.1%3.1%4.6%3.6%3.6%4.2%4.8%5.6%4.2%2.9%2.3%1.8%2.2%1.8%
Material Cost %78.0%77.0%75.0%76.0%75.0%76.0%75.0%75.0%76.0%79.0%81.0%81.0%80.0%80.0%
Employee Cost %7.0%7.0%8.0%7.0%8.0%8.0%8.0%7.0%7.0%7.0%6.0%6.0%6.0%7.0%
P/S0.690.76------------------------
P/E20.6920.47------------------------
P/B2.823.23------------------------

Shareholding Pattern

Shareholders:1.3L (+194.8%)
Current MixMar 2026

Exchange Filings

50
Company Update08 Jul 2026

The Earnings Conference Call with investors of the Company is scheduled on Friday, July 17, 2026, at 04:00 PM (IST)

Board Meeting08 Jul 2026

Heritage Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve the Un-Audited Financial Results ....

Company Update08 Jul 2026

Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026

Company Update07 Jul 2026

Clarification on news item appearing in 'Media/Publication'

Company Update07 Jul 2026

The Exchange has sought clarification from Heritage Foods Ltd with reference to the media report on https://economictimes.indiatimes.com dated July 07, 2026, (Link: https://economictimes.indiatimes.com/industry/cons-products/food/fssai-issues-notice-to-heritage-foods-over-fresh-paneer-claims/articleshow/132219095.cms) ....

BSE
Company Update26 Jun 2026

Submission of copies of newspaper advertisement - 34th AGM Notice to Shareholders

Company Update25 Jun 2026

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Company has sent a physical letter containing the web-link to access ....

Others25 Jun 2026

Business Responsibility and Sustainability Report (BRSR) for FY 2025-26

Others25 Jun 2026

34th Annual Report for FY 2025-26

AGM/EGM25 Jun 2026

Notice of 34th Annual General Meeting - Scheduled to be held on July 23, 2026

Insider Trading / SAST24 Jun 2026

Closure of Trading Window

Company Update16 Jun 2026

The management of the Company will participating in the GIA Flagship Promoters'' Conference 2026 in one on-one meetings and group meetings on June 24, 2026

Company Update16 Jun 2026

Newspaper advertisement for Notice to Shareholders for transferring unpaid/unclaimed dividend for FY 2018-19 and shares thereof to IEPF Authority

Company Update15 Jun 2026

Interaction with ET Now on June 17, 2026

Company Update05 Jun 2026

The Narketpally Plant of the Company has been conferred with the 'Best Environmental Award' by the Telangana Pollution Control Board, Government of Telangana, on the occasion of World Environment ....

Company Update05 Jun 2026

Copy of the press release regarding Heritage Foods' celebration of its 35th foundation day and the launch of new products.

Company Update18 May 2026

The Senior Management of the Company will be participating in the "360 ONE Capital (B&K) 16th Annual Investor Conference - Trinity India 2026" at Mumbai in one on-one meetings and group meetings.

Company Update18 May 2026

Mr. Rahul Pandey has joined as Vice President and Head of Sales and Senior Management Personnel of the Company with effect from May 18, 2026

Company Update14 May 2026

Transcript of Conference Call held on May 12, 2026

Company Update12 May 2026

Newspaper advertisement for Audited Financial Results (Standalone & Consolidated) for the quarter & year ended March 31, 2026

Others12 May 2026

<b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''> <tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> ....

Company Update12 May 2026

Audio Recording link - Investors/Analysts Conference call held on May 12, 2026

Company Update12 May 2026

Revised Investor Presentation for the period ended March 31, 2026

Company Update11 May 2026

Investor Presentation for the period ended March 31, 2026

Result11 May 2026

Audited Financial Result for the Year ended March 31, 2026

Corp. Action11 May 2026

The Board of Directors of the Company at their meeting held on May 11, 2026 recommended a final dividend @ Rs.2.50/- (50%) per equity shares of face value of Rs.5/- each for the Financial ....

Corp. Action11 May 2026

The Register of Member and Share Transfer Books of the Company will remain closed from Thursday, July 16, 2026 to Thursday, July 23, 2026 (both days inclusive) for taking record of the ....

Company Update11 May 2026

Press Release - Financial Results for the quarter and year ended March 31, 2026

Company Update11 May 2026

The Independent Directors of the Company at their meeting held on May 11, 2026, inter alia, evaluated the performance of themselves, Non-Independent Directors, the Board and Committee as ....

Board Meeting11 May 2026

Outcome of the Board Meeting - Audited Financial Results (Standalone & Consolidated) for the Year ended on March 31, 2026 and others

Company Update04 May 2026

Annual Secretarial Compliance Report for the financial year ended March 31, 2026

Company Update30 Apr 2026

Heritage Foods Limited has been awarded the ISO 27001:2022 Certification for its Information Security Management System (ISMS) by ISOQAR Limited

Board Meeting28 Apr 2026

Heritage Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/05/2026 ,inter alia, to consider and approve the Audited Financial Results ....

Company Update28 Apr 2026

The Earnings Conference Call with investors of the Company is scheduled on Tuesday, May 12, 2026 at 11:00 AM (IST). Please find enclosed herewith the Invitation for Conference Call to discuss ....

Company Update16 Apr 2026

Intimation of One-on-One meeting with Analyst/Institutional Investor(s) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Others14 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update10 Apr 2026

Commencement of Second 100-Day Campaign 'Saksham Niveshak'

Company Update10 Apr 2026

Newspaper Publication for Second 100-days campaign - 'Saksham Niveshak'

Company Update04 Apr 2026

Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026

Company Update04 Apr 2026

Newspaper Publication- Special Window for Transfer and Dematerialisation of Physical Securities

Company Update03 Apr 2026

Annual Disclosure under Regulation 31(4) of SEBI(SAST) Reg,2011, received from the Promoter and Promoter group is enclosed.

Company Update01 Apr 2026

Intimation under SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 regarding plant visit of a group of Analysts/Institutional Investors on April 8, 2026.

Company Update31 Mar 2026

Intimation of Credit Rating under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

Insider Trading / SAST26 Mar 2026

Intimation of Closure of Trading Window

Company Update22 Mar 2026

This is to inform you that upon completion of his second and final term, Mr. Rajesh Thakur Ahuja (DIN:00371406) has ceased to hold the position of Non-Executive Independent Director of ....

Company Update17 Mar 2026

Outcome of Independent Directors Meeting held on March 17, 2026

Others17 Mar 2026

Outcome of the Board Meeting held on March 17, 2026

Company Update13 Mar 2026

Press release regarding the inauguration of the new Ice Cream Manufacturing Facility at Shamirpet, near Hyderabad, Telangana

Company Update06 Mar 2026

Intimation of Credit Rating

Company Update20 Feb 2026

Favorable order passed by the Additional Commissioner, Central Tax (Appeals), Mysuru, Karnataka. Pursuant to the order passed by the Additional Commissioner, Central Tax (Appeals) the Company ....

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
crisilRating update
24 Feb 2025Report
crisilRating update
27 Nov 2023Report
crisilRating update
09 Jan 2023Report
crisilRating update
06 Jan 2023Report
crisilRating update
20 Oct 2021Report
crisilRating update

Concalls

35

Jan 2026

31 Jan 2026

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

Jun 2024

30 Jun 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Oct 2023

31 Oct 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

Jan 2023

31 Jan 2023

Nov 2022

30 Nov 2022

Oct 2022

31 Oct 2022

Aug 2022

31 Aug 2022

Jun 2022

30 Jun 2022

Jan 2022

31 Jan 2022

Oct 2021

31 Oct 2021

Aug 2021

31 Aug 2021

May 2021

31 May 2021

May 2021

31 May 2021

Feb 2021

28 Feb 2021

Nov 2020

30 Nov 2020

Aug 2020

31 Aug 2020

Jun 2020

30 Jun 2020

Feb 2020

29 Feb 2020

Nov 2019

30 Nov 2019

Aug 2019

31 Aug 2019

May 2019

31 May 2019

Feb 2019

28 Feb 2019

Nov 2018

30 Nov 2018

Feb 2018

28 Feb 2018

Feb 2018

28 Feb 2018

Held by ETFs

1 ETFs hold heritgfood · sorted by weight

#ETFWeight %
1

AONETOTAL

AONEAMC - AONETOTAL

0.01%

Held by Mutual Funds

2 schemes hold heritgfood · sorted by weight

#SchemeWeight %
1

Kotak Multicap Fund

Kotak Mahindra Mutual Fund

0.17%
2

Quant Small Cap Fund

Quant Mutual Fund

0.04%