Heritage Foods Limited

NSE: HERITGFOOD · Dairy Products

—
52W Range₹293 – ₹488

Snapshot

Unlock Heritage Foods Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Heritage Foods Limited is an Indian dairy company engaged in the procurement and processing of milk and value-added dairy products. The company operates across three primary segments: Dairy, Renewable Energy, and Feed.

Business Model

The company generates revenue primarily through the sale of fresh and value-added dairy products via a retail network of 859 Heritage Parlours and export channels. It also derives income from renewable energy generation and the manufacturing of cattle feed.

  • Heritage Parlour outlets:859
  • Solar power capacity:4.20 MW
  • Wind power capacity:6.30 MW

Growth Outlook

Growth is driven by the expansion of the value-added dairy product portfolio and the strengthening of the company's retail footprint. The company continues to leverage its export capabilities to reach markets in Europe, Asia, and the Gulf countries.

Key Risks

  • Supply Chain Volatility. Fluctuations in raw milk procurement prices and availability can significantly impact operating margins.
  • Food Safety Regulations. Strict adherence to food safety and quality standards is essential, and any failure could lead to product recalls and reputational damage.
  • Competitive Intensity. The Indian dairy sector is highly fragmented with intense competition from both organised players and unorganised local vendors.
  • Climate Dependency. The dairy business is susceptible to seasonal variations and climate-related factors that affect cattle health and milk yields.

Start your research today

Unlock AI insights, financials, peers and live data on Heritage Foods Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹4,934 Cr

TTM · consolidated

+13.9%YoY

NET PROFIT

₹114 Cr

TTM · consolidated

-33.8%YoY

EPS

₹12.43

TTM · consolidated

-33.2%YoY

RETURN ON EQUITY

10.5%

TTM · consolidated

-6.1 ppYoY

RETURN ON CAPITAL EMPLOYED

12.6%

TTM · consolidated

-6.9 ppYoY

P/E

29.1×

Q2 FY27 · consolidated

29.1 vs 25.6x5Y avg

EV/EBITDA

13.0x

Q2 FY27 · consolidated

13.0 vs 15.4x5Y avg

EBITDA MARGIN

5.6%

TTM · consolidated

-2.0 ppYoY

NET PROFIT MARGIN

2.3%

Q2 FY27 · consolidated

-2.3 ppYoY

DEBT TO EQUITY

0.3x

Q2 FY27 · consolidated

+0.13xYoY

Peers · Dairy Products

CompanyMkt CapP/E (TTM)EV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Heritage Foods LimitedHERITGFOOD
₹3,298 Cr29.1×13.0513.9%5.6%10.5%12.6%-24.8%
Dodla Dairy LimitedDODLA
₹5,909 Cr28.6×18.2017.1%7.1%13.3%13.0%-20.8%
Vadilal Industries LimitedVADILALIND
₹5,385 Cr23.9×14.9230.9%21.8%29.0%32.0%+39.9%
Parag Milk Foods LimitedPARAGMILK
₹2,929 Cr23.0×11.0210.9%8.0%11.4%16.7%-22.2%
Vadilal Enterprises LimitedVADILENT
₹826 Cr56.9×19.984.2%3.8%-46.0%47.5%-9.1%
Sheetal Cool Products LimitedSCPL
₹602 Cr27.9×14.35—11.8%13.2%19.4%+133.3%

As of Q2 FY27

Financials