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Earnings Call

Heritage Foods Earnings Call: Key Takeaways

Heritage Foods reported FY26 revenue of ₹45,260 Mn (up 9% YoY) despite severe milk shortages and inflation. Strategy focuses on expanding value-added products (VAP) and ice cream capacity.

Highlights
Revenue growth9.5% YoY for FY26.
MarginsEBITDA margin contracted to 5.9% in FY26 from 8.0%.
Demand visibilityStrong traction in curd, paneer, and ice-creams.
Management confidenceHigh on VAP and long-term premiumization strategy.

Growth

FY26 Revenue grew 9.5% to ₹45,260 Mn; however, PAT declined 31% to ₹1,501 Mn due to margin pressure.

Outlook

Targeting VAP revenue share of 40% and higher gross margins by FY28; new 24ML annual ice cream capacity operational.

Risks

Severe milk shortages, elevated procurement inflation (up 8%), and weak flush season impacted FY26 margins.

Source

Earnings Call filed with BSE, NSE: HERITGFOOD. Summary written with AI assistance from the document.

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Heritage Foods Ltd: key numbers

Share price
₹407.40
Market cap
₹3,781 Cr
Revenue (annual)
₹4,526 Cr
Net profit (annual)
₹150.1 Cr
P/E (TTM)
28.1×Sector 43.4×
Promoter holding
41.30%+0.00% QoQ
FII holding
1.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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