Heritage Foods Ltd Share Price

Q: What is the share price of Heritage Foods Ltd today?

Heritage Foods Ltd share price as on 22 Jan 2025 is ₹450.6

Food And Dairy Products - Indian - Large

NSE: HERITGFOOD Small Cap ISIN: INE978A01027

As on 22 January 2025 at 18:36 IST

₹450.60

+ 8.75

(1.98%)

Sell Buy

About Heritage Foods Ltd

Heritage Foods Limited is a key player in India's dairy and agribusiness sector, specializing in dairy products. Founded on June 5, 1992, the company has decades of experience. Its headquarters are in Hyderabad, Telangana, India. Heritage Foods' main products include milk, curd, ice cream, and buttermilk. They also provide flavored milk, dairy whitener, and skim milk powder. The company even offers fresh fruits and vegetables, bakery products, and private-label products under the brand name Farmers' Pride. Heritage Foods continues to contribute significantly to the dairy and renewable energy sectors in India. Read More...

Over 1 Month

-6.19%

Over 6 Months

-19.40%

Over 1 Year

41.53%

Over 3 Years

118.65%

Heritage Foods Ltd Summary

Close ₹ 450.60

Open ₹ 445

High ₹ 461.70

Low ₹ 421.85

Volume 13,83,065

Net Turnover (in ₹) ₹ 18,08,03,127.50

52Wk High ₹ 727.35

52Wk Low ₹ 296.40

52Wk High / Low

296.40

727.35

Heritage Foods Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 4,100.19

EPS (TTM) 18.03

Book Value (BV) 95.48

Div. Yield 0.57 %

P/E (TTM) 26.20

Price/Book Value 4.63

Delivery % 45.87 %

Face Value 5

Key Ratios

PE Ratio 34.35

PB Ratio 3.91

EV to Sales 0.85

PEG Ratio 0.90

ROA 9.48

ROE 11.82

Debt-Equity 0.19

Net Profit Margin 2.44

Operating Profit Margin 5.21

Heritage Foods Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,805.87	3,252.71	2,692.55	2,481.15	3,029.26
Total Expenses	3,654.24	3,162.45	2,546.64	2,276.41	3,181.74
Profit Before Tax	145.09	81.74	130.74	202.52	-153.38
Profit After Tax	106.55	57.98	96.52	149.05	-168.72
Operating Profit after Depreciation	160.69	94.17	149.92	223.91	-129.84

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	700.26	617.41	575.53	577.88	476.82
Total Non Current Assets	756.12	671.73	611.82	619.05	719.52
Total Current Assets	524.98	453.29	290.76	259.46	268.69
TOTAL ASSETS	1,281.10	1,125.02	902.58	878.51	988.21
Total Shareholder's Fund	808.16	725.87	657.55	595.83	459.58

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	389.88	-60.51	147.92	173.92	116.71
Net Cash used in Investing Activities	-251.77	-82.62	-42.45	68.83	-97.06
Net Cash used in Financing Activities	-75.93	126.35	-92.66	-191.31	-21.70

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,746.27	3,220.02	2,653.24	2,415.44	2,983.92
Total Expenses	3,602.09	3,130.68	2,508.84	2,219.25	3,128.59
Profit Before Tax	127.39	89.34	135.26	196.19	-144.68
Profit After Tax	91.04	65.89	101.53	145.16	-160
Operating Profit after Depreciation	152.35	92.51	147.60	214.03	-123.87

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	661.59	576.83	534.36	536.33	434.20
Total Non Current Assets	757.68	681.45	612.31	612.67	709.96
Total Current Assets	502.07	439.72	278.49	245.35	251.89
TOTAL ASSETS	1,259.75	1,121.17	890.80	858.03	961.85
Total Shareholder's Fund	803.50	736.70	660.49	593.76	462.33

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	374.97	-60.83	143.82	164.13	124.41
Net Cash used in Investing Activities	-242.39	-82.48	-40.92	69.50	-103.70
Net Cash used in Financing Activities	-70.85	127.15	-89.50	-184.69	-20.93

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,033.94	1,019.52	1,032.67	950.57	941.10
Total Expenses	961.72	938.28	940.42	881.96	890.74
Profit Before Tax	58.81	67.47	77.77	54.83	36.05
Profit After Tax	43.05	48.63	58.43	40.50	26.90
Operating Profit after Depreciation	80.55	88.69	97.81	73.13	53.36

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,019.65	1,006.48	1,019.59	935.75	922.51
Total Expenses	951.52	927.22	929.35	868.79	873.25
Profit Before Tax	55.32	66.26	76.58	36.95	35.66
Profit After Tax	41.29	48.27	58.01	23.34	27.10
Operating Profit after Depreciation	76.38	86.78	95.87	71.34	52.20

Heritage Foods Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 433.92

S2 425.98

S3 413.47

Pivot 446.43

R1 454.37

R2 466.88

R3 474.82

Moving Average

20 SMA 459.43

50 SMA 476.88

100 SMA 529.03

200 SMA 501.09

Heritage Foods Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Heritage Foods Ltd

₹2.5/Share

Announcement Date 13 Aug 2024

Record Date 14 Aug 2024

Div Yield 50%

AGM Date: 29 Jul 2022

AGM 29/07/2022 Proceedings of 30th Annual General Meeting of the Comapny held on Friday July 29 2022 Scrutinizer''s Report on remote e-voting and e-voting (Insta Poll) for the 30th AGM along with voting result as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (As per BSE Announcement Dated on 29/07/2022) Heritage Foods Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 30/07/2022) Submission of Minutes of the 30TH Annual General Meeting of the Company held on July 29, 2022 (As Per BSE Announcement Dated on 08/08/2022)

AGM Date: 22 Aug 2023

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Register of Member and Share Transfer Books of the Company will remain closed from Wednesday, August 16, 2023 to Tuesday, August 22, 2023 (both days inclusive) for taking record of the Members of the Company for the purpose of 31st Annual General Meeting of the Company and for determining the shareholders who would be entitled for the payment of dividend, if declared at the forthcoming Annual General Meeting, scheduled to be held on August 22, 2023. Newspaper advertisement in connection with the 31st Annual General Meeting ('AGM') of the Company as per General Circular No. 20/2020 dated May 5, 2020 issued by the Ministry of Corporate Affairs (As Per BSE Announcement Dated on 19.07.2023) Submission of copies of newspaper advertisement for Notice of 31st Annual General Meeting (AGM) (As Per BSE Announcement Dated on 26.07.2023) In reference to our letter SECT: STOC: 73-23 dated 25.07.2023 regarding submission of the electronic copy of Notice of the 31st Annual General Meeting ('31st AGM') of the Company along with the Annual Report for the FY 2022-23 and despatch of the same to the members, whose email address were registered with the Company/ Depository Participants, this is to inform you that in the Special Business set out at Item No. 4 of the Notice as well as in the Explanatory Statement of the 31st AGM ('Item No. 4'), due to an inadvertent typographical error noticed subsequent to the circulation, 'an Ordinary Resolution' should be read as 'a Special Resolution' and accordingly the opening sentence at Item No. 4 should be read as '4. To consider and if thought fit, to pass with or without modification(s) the following resolution as SPECIAL RESOLUTION'. All other content of the 31st AGM notice remains the same as before. (As Per BSE Announcement Dated on 10/08/2023) Newspaper Advertisement published with respect to Corrigendum to the Notice of 31st Annual General Meeting of the Company (As Per BSE Announcement dated on 11.08.2023) Scrutinizer Report & Voting Result of 31st Annual General Meeting held on Tuesday, August 22, 2023 (As Per BSE Announcement dated on 22.08.2023) Submission of Minutes of the 31st Annual General Meeting of the Company held on August 22, 2023 (As Per BSE Announcement Dated on 29/08/2023)

AGM Date: 21 Aug 2024

The Register of Member and Share Transfer Books of the Company will remain closed from Wednesday, August 14, 2024 to Wednesday, August 21, 2024 (both days inclusive) for taking record of the Members of the Company for the purpose of 32nd Annual General Meeting of the Company and for determining the shareholders who would be entitled for the payment of dividend, if declared at the 32nd Annual General Meeting, scheduled to be held on August 21, 2024. Proceedings of 32nd Annual General Meeting held on Wednesday, August 21, 2024 Scrutinizer''s Report on remote e-voting and e-voting (Insta Poll) and voting results of the 32nd Annual General Meeting of the Company held on 21st August, 2024 (As per BSE Announcement Dated on 21/08/2024)

Heritage Foods Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Heritage Foods Ltd	₹442.45	₹4,105.76
Hindustan Unilever Ltd	₹2,340.40	₹5,49,898.34
Nestle India Ltd	₹2,195.90	₹2,11,719.27
Varun Beverages Ltd	₹541.25	₹1,83,024.23
Godrej Consumer Products Ltd	₹1,160.15	₹1,18,684.26
Britannia Industries Ltd	₹4,904.60	₹1,18,136.26

Heritage Foods Ltd News

Heritage Foods gains as Q3 PAT jumps 60% YoY to Rs 43 crore in FY25

Heritage Foods gained 2.84% to Rs 455 after its consolidated net profit jumped 60.03% to Rs 43.05 crore on 9.86% rise in revenue from operations to Rs 1,033.9 crore in Q3 FY25 over Q3 FY24.

22 Jan 2025, 03:41 pm

Heritage Foods to conduct board meeting

On 22 January 2025

09 Jan 2025, 04:33 pm

Heritage Foods to declare Quarterly Result

On 23 October 2024

10 Oct 2024, 05:21 pm

Heritage Foods board OKs to set up new ice cream facility in Telangana.

Heritage Foods informed that its board of directors has approved the proposal for setting up a new ice cream manufacturing facility at Shamirpet, Telangana.

18 Sep 2024, 03:34 pm

Board of Heritage Foods approves proposal to set up new ice cream manufacturing unit at Shamirpet, Telangana

At meeting held on 18 September 2024

18 Sep 2024, 03:34 pm

Heritage Foods Ltd Stock Analysis

Annual revenue for Heritage Foods Ltd increased by 16.34% to ₹3,746.27 crore in FY 2024 from ₹3,220.02 crore in FY 2023.
Annual Net Profit for Heritage Foods Ltd increased by 38.17% to ₹91.04 crore in FY 2024 from ₹65.89 crore in FY 2023.
Promoter Shareholding in Heritage Foods Ltd remains unchanged by 0.00% in the most recent quarter, from 41.30% in September 2024 to 41.30% in December 2024.
Heritage Foods Ltd delivered a 1-year return of 41.53% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Heritage Foods Ltd share price moved up by 1.98% from its previous close of INR ₹441.85. The latest Heritage Foods Ltd share price is INR ₹450.60.
Heritage Foods Ltd share price today has been at a low of 421.85 and a high of 461.70. Over the past 52 weeks, the Heritage Foods Ltd share price has seen a low of 296.40 and a high of 727.35.

About Heritage Foods Ltd

Heritage Foods Limited is a prominent player in India's dairy and agribusiness sector. The company is primarily engaged in the production, processing, and marketing of a wide range of dairy products. Additionally, Heritage Foods has ventured into the renewable energy sector. They focus on solar and wind power generation for captive consumption.

Founded on June 5, 1992, Heritage Foods has decades of experience in the industry. The company's headquarters are located in Hyderabad, Telangana, India. It was established by Nara Chandrababu Naidu, who is a prominent Indian politician. The management team is led by Nara Brahmani who serves as Executive Director, while AV Girija Kumar acts as the Chairperson of the company. The other crucial promoters of the Heritage Foods include -

N Bhuvaneswari
V Nagaraja Naidu
Aparna Surabhi

Heritage Foods' main products encompass a variety of dairy items. These include curd, milk, ice cream, flavored milk, buttermilk, dairy whitener, and skim milk powder. The company also offers fresh fruits and vegetables, bakery products, and private-label products under the brand name Farmers' Pride, which includes cereals, pulses, staples, and spices.

Heritage Foods is a significant player in the dairy sector. But it is not currently the number one stock in its sector. The company's promoter shareholding stands at 41.3%. Among these, the major shares are held by Bhuvaneshwari Nara (24.37%), who serves as Vice Chairperson of the company.

The registered office of Heritage Foods is located at H. No.8-2-293/82/A/1286, Plot No.1286, Road No. 1 & 65, Hyderabad – 500 033, Telangana, India. The company's registrars and share transfer agents are based in Hyderabad.
Overall, Heritage Foods continues to contribute significantly to the dairy and renewable energy sectors in India. The company has accomplished this by focusing on quality, sustainability, and customer satisfaction.

Goals of the Company

Heritage Foods Limited, established in 1992, has set ambitious goals. The company has consistently worked towards expanding its product portfolio and market presence over the years. Their goals reflect their commitment to becoming a leading force in India's dairy and agribusiness sector. The company's primary objective also centers on providing high-quality dairy products while maintaining sustainable business practices.

One of the fundamental goals of the company is to maintain and enhance its position in the dairy sector through product diversification. Heritage Foods has strategically developed a comprehensive range of dairy products. These products are diversified from basic milk to value-added items like curd, ice cream, and flavored milk. This product expansion strategy demonstrates the company's goal of catering to evolving consumer preferences and creating multiple revenue streams. On the whole, Heritage Foods aims to capture different market segments and strengthen its competitive position by offering such a diverse portfolio.

Heritage Foods’ venture into renewable energy reveals its goal of achieving operational sustainability. This strategic move indicates the company’s commitment to reducing its carbon footprint and operating costs. Along with this step, the organization is also ensuring energy security for its manufacturing facilities. Its focus on renewable energy aligns with global sustainability trends. As a result, Heritage Foods has positioned itself as an environmentally responsible corporate entity.

Aside from dairy products, the company has expanded into fresh fruits, vegetables, and private-label products under the Farmers' Pride brand. This strategic diversification aims to create additional value for shareholders. It also provides customers with a wider range of quality food products. The inclusion of cereals, pulses, staples, and spices in their portfolio shows Heritage Foods' ambition to become a comprehensive food company rather than just a dairy producer.

With a high market capitalization, Heritage Foods has set its sights on strengthening its market position. While not currently the leading stock in its sector, the company's goals appear focused on sustainable growth rather than mere market dominance. This approach suggests a balanced strategy that prioritizes long-term stability over short-term gains.

Quality assurance and customer satisfaction remain central goals for Heritage Foods. The company invests in modern processing facilities and quality control measures. This reflects its commitment to maintaining high standards across its product range. By focusing on quality, Heritage Foods aims to build and maintain consumer trust, which is crucial for long-term success in the food industry.

The company's infrastructure and operational goals are evident in its choice of location and support services. The strategic placement of its registered office in Hyderabad indicates its goal of maintaining efficient corporate operations and shareholder services.

From product quality and diversification to sustainability and corporate governance, Heritage Foods Limited's goals encompass many dimensions of business excellence. The company's strategic focus on renewable energy, product expansion, and strategic marketing demonstrates its commitment to sustainable growth and market leadership. As Heritage Foods continues to evolve, its goals reflect a balanced approach to business development, environmental responsibility, and stakeholder value creation.

The company's journey shows its dedication to these goals. In contrast, its current strategies suggest a clear vision for future growth in India's competitive food and dairy sector. Overall, Heritage Foods aims to strengthen its position as a significant player in India's food industry while maintaining its commitment to quality and customer satisfaction.