HERITGFOOD

Heritage Foods Ltd.

NSE: HERITGFOOD

BSE: 519552

Sector: Fast Moving Consumer Goods

Industry Group: Food Products

Industry: Dairy Products

362.60+7.2 (+2.04%)

2 Nov, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

67.8 / 100

Value Score

65.3 / 100

Price Momentum Score

52.5 / 100

QVM Score

73.5 / 100

Key Metrics

Market Cap

3297.51

P/E (TTM)

28.43

P/B

2.88

P/S (TTM)

0.67

EV/EBITDA

13.43

CAPE (5Y)

27.69

ROE (TTM)

10.57

ROCE (TTM)

11.34

ROA (TTM)

6.34

Avg 3Y ROE

16.38

Earnings 3Y CAGR

17.77

Sales 3Y CAGR

12.07

Sales 5Y CAGR

14.18

Debt/Equity

0.34

Consensus TP

418.50

Strong Buy %

Promoter Holding

41.30

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Heritage Foods Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.34 as on 30 Sep 2026 and Debt to Equity increased marginally by 0.13 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 28.43 indicates that the stock is expensive on a standalone basis and is at a 17.58% premium to industry median P/E

What is P/E Ratio?

Median: 24.18

Value 28.43

4.25308.32

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -0.07% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Moderate ROE but declining trend

The company reported moderate ROE of 10.57% for 12-month ended 30 Sep 2026 but ROE declined by -717 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 3.22% for 12-month ended 30 Sep 2026 and operating margin declined by -219 bps from 1 year ago

What is Operating profit margin?

Moderate revenue growth but lower than median growth of industry

The company delivered moderate revenue growth of 13.91% for 12-month ended 30 Sep 2026 but the growth was 11.43 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 25.34

Value 13.91

1.542193.28

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -32.72% for 12-month ended 30 Sep 2026 and the growth was 42.4 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.7%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 59.2 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

59.2 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Heritage Foods Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Heritage Foods Ltd. Shareholding Pattern

Quarterly breakdown of Heritage Foods Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total Promoter	39.90	39.90	39.90	39.90	39.90	39.90	39.49	39.43	39.43	39.43	39.43	39.21	41.58	41.58	41.58	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30
Indian Promoter	39.90	39.90	39.90	39.90	39.90	39.90	39.49	39.43	39.43	39.43	39.43	39.21	41.58	41.58	41.58	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30	41.30
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	19.39	19.03	19.09	20.01	17.30	16.77	17.73	19.54	17.51	16.69	17.92	17.72	17.88	17.96	16.23	13.71	13.75	7.23	12.16	10.63	10.47	10.29	8.92	8.83	8.43	8.36	7.99
Mutual Funds / UTI	14.20	13.89	14.86	15.38	13.52	13.78	14.09	15.41	15.78	14.54	15.45	15.56	15.75	15.58	14.29	11.78	11.55	3.66	3.54	3.67	3.75	3.89	3.86	3.95	5.50	5.44	4.96
FI/Bank/Insurance	0.02	0.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.11	0.00	0.00	0.00	0.00	0.00	0.02	0.01	0.03	0.02	0.04	0.00	0.05	0.05
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	4.61	5.08	4.23	4.55	3.79	2.84	3.47	3.97	1.62	2.04	2.36	2.06	1.98	2.08	1.74	1.73	2.01	3.33	8.27	6.65	6.42	6.16	4.60	3.95	2.21	1.98	1.71
Other Institutions	0.57	0.02	0.00	0.07	0.00	0.15	0.17	0.16	0.11	0.11	0.11	0.10	0.15	0.19	0.19	0.19	0.19	0.25	0.35	0.29	0.29	0.22	0.43	0.89	0.71	0.89	1.28
Non-Institution	40.71	41.07	41.01	40.10	42.80	43.33	42.77	41.04	43.06	43.89	42.65	43.06	40.54	40.47	42.20	44.98	44.95	51.46	46.55	48.07	48.23	48.41	49.79	49.87	50.27	50.34	50.70
Bodies Corporate	14.06	-	-	13.73	13.92	14.42	14.22	14.13	14.22	14.33	14.26	14.45	15.36	15.32	14.87	14.44	14.37	15.35	14.19	14.13	13.96	13.97	14.56	15.01	14.28	14.00	15.18
Others (incl. Retail) No. of shareholders	26.65 21,712	41.07 23,002	41.01 24,375	26.37 24,729	28.88 24,450	28.91 29,777	28.55 29,890	26.91 33,448	28.84 37,187	29.56 39,070	28.39 39,455	28.61 39,708	25.18 42,992	25.15 42,165	27.33 52,237	30.54 56,936	30.58 55,880	36.11 1,74,304	32.36 1,36,406	33.94 1,33,852	34.27 1,35,088	34.44 1,31,976	35.23 1,31,125	34.86 1,26,660	35.99 1,26,925	36.34 1,25,774	35.52 1,18,240

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	0.19%	195 / 250
2	Nifty Total Market	0.01%	673 / 746

Prominent Investor Holdings

Vijay Kishanlal Kedia

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Heritage Foods Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
V Naga Raja Naidu Promoter	November-2021	Market (Disposal) 24th Nov 2021	0.22 %	₹ 487.20	2.50 k	₹ 12.18 lac
Neelima N P Promoter Group	November-2021	Market (Disposal) 16th Nov 2021	0.09 %	₹ 501.33	9.38 k	₹ 47.00 lac
N P Ramakrishna Promoter Group	October-2021	Market (Disposal) 7th Oct 2021	0.14 %	₹ 450.00	10.00 k	₹ 45.00 lac
N P Ramakrishna Promoter Group	October-2021	Market (Disposal) 6th Oct 2021	0.15 %	₹ 460.16	4.13 k	₹ 19.00 lac
Kathya Nalagampalle Papudesi Promoter Group	October-2021	Market (Disposal) 5th Oct 2021	0.13 %	₹ 458.33	60.00 k	₹ 2.75 cr
N P Ramakrishna Promoter Group	October-2021	Market (Disposal) 5th Oct 2021	0.43 %	₹ 465.48	1.29 lac	₹ 6.00 cr

Corporate Actions

History of Heritage Foods Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2.50/share
Record date: 15th Jul 2026Ex-date: 15th Jul 2026
Announced on: 11th May 2026
Dividend₹ 2.50/share
Record date: 23rd Jul 2025Ex-date: 23rd Jul 2025
Announced on: 16th May 2025
Dividend₹ 2.50/share
Record date: 13th Aug 2024Ex-date: 13th Aug 2024
Announced on: 29th May 2024
Dividend₹ 2.50/share
Record date: 14th Aug 2023Ex-date: 14th Aug 2023
Announced on: 25th May 2023
Rights Issue(1 new shares @ ₹5 for 1 existing shares)
Ex-date: 20th Jan 2023Announced on: 30th Sep 2022
"Rights ISIN INE978A20019 CINS Y3179K107SEDOL BR0WKV5."

Company Profile

Overview of Heritage Foods Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Heritage Foods Limited is an India-based dairy company. The Companys segments include Dairy, Renewable energy, and Feed. The Dairy segment is engaged in the manufacturing and market a complete range of milk and milk products. The Renewable energy segment produces power for captive consumption throug...

Key personnel

Mr. Srideep Madhavan Nair Kesavan

Chief Executive Officer

Mr. A. Prabhakara Naidu

Chief Financial Officer

Mr. Amit Vijay Shetty

Chief Human Resources Officer

Mr. Umakanta Barik

Compliance Officer, Company Secretary

Sri. Angara Venkata Girija KumarD

Non-Executive Independent Chairman of the Board

Mrs. N. BhuvaneswariD

Executive Vice Chairperson of the Board, Managing Director

Mrs. Nara BrahmaniD

Executive Director

Dr. M. Sambasiva Rao, Ph.D.D

Whole Time Director

View all

Incorporated on

05 Jun 1992

Last Annual

31 Mar 2026

Last Interim

30 Sep 2026

No. of Employees

3,317

IPO date

17 Nov 1994

Free Float

4,25,01,809

Website

https://www.heritagefoods.in

Phone no.

+914023391221

Address

H. No.8-2-293/82/A/1286, Plot No.1286,Road No. 1 & 65,, Jubilee Hills, HYDERABAD, 500033, India

Frequently Asked Questions

What is the current share price of Heritage Foods Ltd.?

The current share price of Heritage Foods Ltd. is ₹ 362.60 as of 2 Nov 2026.

What is the market capitalisation of Heritage Foods Ltd.?

The market capitalisation of Heritage Foods Ltd. stands at ₹ 3,297.51 Cr.

What is the PE ratio of Heritage Foods Ltd.?

The Price-to-Earnings (PE) ratio of Heritage Foods Ltd. is 28.43 as of the latest trailing twelve months data.

What is the ROE and ROCE of Heritage Foods Ltd.?

Heritage Foods Ltd. has a Return on Equity (ROE) of 10.57% and a Return on Capital Employed (ROCE) of 11.34% as per the latest financial reports.

What is the 52-week high and low of Heritage Foods Ltd.?

The 52-week high of Heritage Foods Ltd. is - and the 52-week low is -.

What is the dividend yield of Heritage Foods Ltd.?

The dividend yield of Heritage Foods Ltd. is 0.70% based on the current market price.

What is the FII and DII holding in Heritage Foods Ltd.?

Foreign Institutional Investors (FII) hold 1.71%, Domestic Institutional Investors (DII) hold 5.01% and retail/public investors hold 35.52% of Heritage Foods Ltd. shares.

What sector does Heritage Foods Ltd. belong to?

Heritage Foods Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Heritage Foods Ltd.?

The beta of Heritage Foods Ltd. is 1.12, indicating its price volatility relative to the broader market. Over the past 1 year, Heritage Foods Ltd. has delivered an absolute return of -25.98%.

What is the RSI of Heritage Foods Ltd.?

The 14-day Relative Strength Index (RSI) of Heritage Foods Ltd. is 39.79, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.