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Earnings Call

Heritage Foods Earnings Call: Key Takeaways

Heritage Foods delivered resilient 10% revenue growth despite a brutal milk supply environment and record procurement inflation impacting margins.

Highlights
Revenue growthRevenue grew 10% YoY to ₹11,576 million in Q4.
MarginsEBITDA margin pressured at 4.5% due to record milk procurement inflation.
Demand visibilityStrong demand for value-added products, especially curd, paneer, and ice cream.
Management confidenceBalanced tone highlighting operational resilience amid sector-wide supply headwinds.

Growth

FY26 revenue hit ₹45,206 million milestone; value-added products (VAP) grew 18% YoY, now 35.5% of mix.

Outlook

VAP mix targeted to increase 2-2.5% annually; Hyderabad ice cream facility now operational for expansion.

Risks

Margins under pressure from 8% YoY procurement price spike; persistent supply shortages during traditional flush seasons.

Source

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

Read the document ↗

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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