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Heritage Foods Ltd

(HERITGFOOD)

₹454.152.85%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Heritage Foods Ltd Analyst Rating

based on 4 analysts

BUY

75.00%

Buy

0.00%

Hold

25.00%

Sell

Based on 4 analysts offering long term price targets for Heritage Foods Ltd. An average target of ₹668.5

Source: S&P Global Market Intelligence

Heritage Foods Ltd Share analysis

Heritage Foods Ltd price forecast by 4 analysts

Upside of43.01%

High

₹724

Target

₹668.50

Low

₹625

Heritage Foods Ltd target price ₹668.5, a slight upside of 43.01% compared to current price of ₹454.15. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Heritage Foods Ltd Performance

  • Day's Low

    Day's High

    ₹452.5
    ₹471.5
  • 52 Week's Low

    52 Week's High

    ₹232.25
    ₹727.35
1 Month Return-27.09 %
3 Month Return-14.61 %
1 Year Return+ 94.65 %
Previous Close₹467.45
Open₹468.00
Volume5.30L
Upper Circuit-
Lower Circuit-
Market Cap₹4,337.75Cr

Heritage Foods Ltd Key Statistics

P/E Ratio24.86
PEG Ratio2.23
Market Cap₹4,337.75 Cr
P/B Ratio3.91
EPS11.48
Dividend Yield0
SectorFMCG
ROE11.82

Heritage Foods Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹4,337.75 Cr9.76%0.58₹106 Cr₹3,793 Cr
NA₹130.46 Cr40.99%0.54NANA
NA₹50.36 Cr20.73%0.69-₹3 Cr₹88 Cr
BUY₹10,288.18 Cr36.4%0.65₹140 Cr₹1,623 Cr
NA₹128.49 Cr75.03%0.53NANA

About Heritage Foods Ltd

Incorporated in 1992, Heritage Foods Limited is primarily engaged in the production, sale and distribution of dairy, renewable energy and cattle feed products. The Dairy division is the flagship business, and the company operates 209 bulk coolers, chilling plants, 16 processing plants and 2 leased plants with installed milk processing capacity of 2.09 million litres per day. Milk products are sold to 1.5 million households daily, and distributed across 15 states in India. In the financial year 2013-14, a new milk centre was commissioned at Triuvannamalai in Tamil Nadu, and the company was awarded ISO certification for processing, packing and selling liquid milk. The shareholders also approved a change of name to Heritage Foods Ltd by deleting the word “India”, and the company also launched veterinary care business and ventured into Solar Energy with a division called Renewable Energy Division that set up/commissioned 2.34 MW solar power plant. The dairy division further increased milk chilling capacity by 425,000 LPD in the financial year 2017-18, and Heritage Foods successfully set up entire backend dairy operations in Mumbai and Delhi markets. Additionally, Heritage Foods acquired the dairy business of Reliance Retail Ltd, and the company's retail vertical turned EBITDA positive in the fourth quarter of financial year 2014-15. The company also launched its new premium range of ice creams called Heritage Alpenvie.

Share Price: ₹454.15 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹4,337.75Cr as of today
Revenue: ₹1,019.52Cr as on September 2024 (Q3 24)
Net Profit: ₹48.63Cr as on September 2024 (Q3 24)
Listing date: 27 Nov, 1996
Chairperson Name: Girija Kumar
OrganisationHeritage Foods Ltd
Headquarters
IndustryFMCG
E-voting on sharesClick here to vote

Key events for Heritage Foods Ltd

  • Heritage Foods Reports Strong Q2 Performance - 25 Oct, 2024

    Heritage Foods Ltd reported a net profit of ₹48.62 crore in Q2 FY25, doubling from ₹22.4 crore last year. Revenue rose to ₹1,019 crore, driven by strategic initiatives and a 5.11% increase in milk sales volume. The value-added products segment grew by 15.5%, contributing 29.6% to overall revenues. Despite a slight decline in average milk selling prices, the company showed robust growth in both profit and revenue.

  • Heritage Foods Faces Circuit Limit After Q2 Results - 24 Oct, 2024

    Heritage Foods shares fell to a 5% lower circuit due to disappointing Q2 FY25 results, despite a significant year-on-year net profit increase of 117%. The company reported a net profit of ₹486.29 crore, down 16.8% from the previous quarter. Revenue also showed a slight decline, contributing to market volatility.

  • Heritage Foods Reports Strong Q2 Earnings Growth - 23 Oct, 2024

    Heritage Foods Limited announced a net profit of Rs 48.63 crore for Q2 FY25, marking a 116% YoY increase. Revenue rose 4% to Rs 1,020 crore, supported by strong rural demand. Despite a QoQ decline, the company continues to focus on operational efficiencies and supply chain improvements.

Insights on Heritage Foods Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, HERITGFOOD has outperformed top 5 stocks with highest market-cap in Food Processing

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 3.32% to 8.26% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Patanjali Foods Ltd has given 96.6% return, outperforming this stock by 98.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 41.30% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 51.46% to 46.55% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 58.43 Cr → 48.63 Cr (in ₹), with an average decrease of 16.8% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, HERITGFOOD stock has moved down by -27.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.66% to 3.54% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.03K Cr → 1.02K Cr (in ₹), with an average decrease of 1.1% per quarter

Heritage Foods Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹978.55Cr (-)₹941.10Cr (↓3.83%)₹950.57Cr (↑1.01%)₹1,032.67Cr (↑8.64%)₹1,019.52Cr (↓1.27%)
Net Income₹22.41Cr (-)₹26.90Cr (↑20.04%)₹40.50Cr (↑50.56%)₹58.43Cr (↑44.27%)₹48.63Cr (↓16.77%)
Net Profit Margin2.29% (-)2.86% (↑24.89%)4.26% (↑48.95%)5.66% (↑32.86%)4.77% (↓15.72%)
Value in ₹ crore
Details2021202220232024
Total Assets₹864.68Cr (-)₹902.48Cr (↑4.37%)₹1,133.79Cr (↑25.63%)₹1,274.19Cr (↑12.38%)
Total Liabilities₹270.91Cr (-)₹241.99Cr (↓10.68%)₹397.09Cr (↑64.09%)₹470.69Cr (↑18.53%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹124.41Cr (-)₹164.13Cr (↑31.93%)₹143.82Cr (↓12.37%)-₹60.83Cr (↓142.30%)₹374.97Cr (↓716.42%)

Index Inclusions

BSE FMCG Sector

₹20,335.71

-1.36 (-280.59%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Heritage Foods Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
41.3%
0.00
Foreign Institutions
8.26%
148.82
Mutual Funds
3.54%
-3.41
Retail Investors
46.55%
-9.55
Others
0.35%
38.16

Heritage Foods Ltd Key Indicators

Details20202021202220232024
Return On Assets %-16.5717.3410.75.118.36
Details20202021202220232024
Book Value Per Share (₹)49.8864.7771.5277.8886.75
Details20202021202220232024
Earning Per Share (₹)-18.5116.2110.56.2511.48
Details20202021202220232024
Return On Equity %-25.2527.4916.199.4311.82

Heritage Foods Ltd Valuation

Heritage Foods Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-40.36x)

August 19, 2020

Today (24.86x)

November 19, 2024

Industry (61.01x)

November 19, 2024

Highest (139.63x)

April 11, 2018

LowHigh

Heritage Foods Ltd Earnings and Dividends

  • Heritage Foods Ltd Earnings Results

    Heritage Foods Ltd’s net profit jumped 117% since last year same period to ₹48.63Cr in the Q2 2024-2025. On a quarterly growth basis, Heritage Foods Ltd has generated -16.77% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Heritage Foods Ltd Dividends May,2024

    In the quarter ending March 2024, Heritage Foods Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.53%.

    Read More about Dividends

Heritage Foods Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Heritage Foods Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Heritage Foods Ltd (HERITGFOOD) share price today is ₹454.15

Heritage Foods Ltd is listed on NSE

Heritage Foods Ltd is listed on BSE

  • Today’s highest price of Heritage Foods Ltd is ₹471.5.
  • Today’s lowest price of Heritage Foods Ltd is ₹452.5.

PE Ratio of Heritage Foods Ltd is 24.86

PE ratio = Heritage Foods Ltd Market price per share / Heritage Foods Ltd Earnings per share

Today’s traded volume of Heritage Foods Ltd(HERITGFOOD) is 5.30L.

Today’s market capitalisation of Heritage Foods Ltd(HERITGFOOD) is ₹4337.75Cr.

Heritage Foods Ltd(HERITGFOODPrice
52 Week High
₹727.35
52 Week Low
₹232.25

Heritage Foods Ltd(HERITGFOOD) share price is ₹454.15. It is down -37.56% from its 52 Week High price of ₹727.35

Heritage Foods Ltd(HERITGFOOD) share price is ₹454.15. It is up 95.54% from its 52 Week Low price of ₹232.25

Heritage Foods Ltd(HERITGFOODReturns
1 Day Returns
-13.3%
1 Month Returns
-27.09%
3 Month Returns
-14.61%
1 Year Returns
94.65%