Heritage Foods Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 20.2%)
- ✓Efficient capital deployment (ROCE 25.3%)
- ✓Attractively valued vs sector (P/E 20.3x vs industry 40.3x)
- ✓Low debt relative to equity (D/E 0.2x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HINDUNILVR Hindustan Unilever Limited | ₹2,299 | ₹5.3L Cr | 48.4 | 11.11 | 22.3 | 28.4 | 0.04 |
| ITC ITC Limited | ₹312 | ₹3.9L Cr | 19.1 | 5.5 | 27.3 | 36.8 | 0.01 |
| NESTLEIND Nestle India Limited | ₹1,477 | ₹2.8L Cr | 82.6 | 55.33 | 74.3 | 85.4 | 0.09 |
| VBL Varun Beverages Limited | ₹505 | ₹1.7L Cr | 54.6 | 8.73 | 16.2 | 19.7 | 0.13 |
| BRITANNIA Britannia Industries Limited | ₹5,796 | ₹1.4L Cr | 57.1 | 37.39 | 52.9 | 53 | 0.59 |
| TATACONSUM TATA CONSUMER PRODUCTS LIMITED | ₹1,158 | ₹1.1L Cr | 78.1 | 5.65 | 7.01 | 9.16 | 0.13 |
| GODREJCP Godrej Consumer Products Limited | ₹1,105 | ₹1.1L Cr | 56.2 | 9.29 | 15.2 | 19.2 | 0.34 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HERITGFOOD · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 41.30% | 41.30% | 41.30% | 41.30% | 41.30% | 41.30% |
| FII | 1.73% | 2.01% | 3.33% | 8.27% | 6.65% | 6.42% |
| DII | 11.97% | 11.74% | 3.91% | 3.89% | 3.98% | 4.05% |
| Public | 44.99% | 44.96% | 51.48% | 46.56% | 48.08% | 48.23% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Annual General Meeting/Dividend - Rs 2.50 Per Share
Annual General Meeting/Dividend - Rs 2.50 Per Share
Annual General Meeting/Dividend - Rs 2.50 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.1K Cr ▲0.5% | ₹1.1K Cr ▼2.1% | ₹1.1K Cr ▲8.5% | ₹1.0K Cr ▲1.4% | ₹1.0K Cr ▲1.4% | ₹1.0K Cr ▼1.3% | ₹1.0K Cr ▲8.6% | ₹951 Cr |
| Op. Profit | ₹63 Cr ▼18.2% | ₹77 Cr ▲5.5% | ₹73 Cr ▼6.4% | ₹78 Cr ▲8.3% | ₹72 Cr ▼11.1% | ₹81 Cr ▼12.0% | ₹92 Cr ▲33.3% | ₹69 Cr |
| OPM | 6.0% ▼14.3% | 7.0% ▲16.7% | 6.0% ▼14.3% | 7.0% ▲0.0% | 7.0% ▼12.5% | 8.0% ▼11.1% | 9.0% ▲28.6% | 7.0% |
| Net Profit | ₹35 Cr ▼31.4% | ₹51 Cr ▲24.4% | ₹41 Cr ▲7.9% | ₹38 Cr ▼11.6% | ₹43 Cr ▼12.2% | ₹49 Cr ▼15.5% | ₹58 Cr ▲45.0% | ₹40 Cr |
| EPS (₹) | 3.73 ▼32.2% | 5.5 ▲25.9% | 4.37 ▲6.3% | 4.11 ▼11.4% | 4.64 ▼11.5% | 5.24 ▼16.8% | 6.3 ▲44.5% | 4.36 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.1K Cr ▲9.0% | ₹3.8K Cr ▲17.1% | ₹3.2K Cr ▲20.9% | ₹2.7K Cr ▲8.4% | ₹2.5K Cr ▼9.3% | ₹2.7K Cr ▲8.4% | ₹2.5K Cr ▲6.0% | ₹2.4K Cr ▲25.3% | ₹1.9K Cr |
| Expenses | ₹3.8K Cr ▲6.1% | ₹3.6K Cr ▲15.5% | ₹3.1K Cr ▲24.6% | ₹2.5K Cr ▲12.8% | ₹2.2K Cr ▼28.8% | ₹3.1K Cr ▲26.4% | ₹2.5K Cr ▼6.5% | ₹2.6K Cr ▲49.2% | ₹1.8K Cr |
| Op. Profit | ₹326 Cr ▲60.6% | ₹203 Cr ▲53.8% | ₹132 Cr ▼29.0% | ₹186 Cr ▼28.7% | ₹261 Cr ▲168.3% | ₹-382 Cr ▼770.2% | ₹57 Cr ▲122.4% | ₹-255 Cr ▼290.3% | ₹134 Cr |
| OPM | 8.0% ▲60.0% | 5.0% ▲25.0% | 4.0% ▼42.9% | 7.0% ▼36.4% | 11.0% ▲178.6% | -14.0% ▼800.0% | 2.0% ▲118.2% | -11.0% ▼257.1% | 7.0% |
| Other Income | ₹19 Cr ▲58.3% | ₹12 Cr ▲0.0% | ₹12 Cr ▲500.0% | ₹2 Cr ▼71.4% | ₹7 Cr ▼97.7% | ₹302 Cr ▲118.8% | ₹138 Cr ▼65.7% | ₹402 Cr ▲60.2% | ₹251 Cr |
| Interest | ₹17 Cr ▲88.9% | ₹9 Cr ▲50.0% | ₹6 Cr ▲0.0% | ₹6 Cr ▼71.4% | ₹21 Cr ▼12.5% | ₹24 Cr ▲4.3% | ₹23 Cr ▲15.0% | ₹20 Cr ▼59.2% | ₹49 Cr |
| Depreciation | ₹70 Cr ▲14.8% | ₹61 Cr ▲8.9% | ₹56 Cr ▲7.7% | ₹52 Cr ▲13.0% | ₹46 Cr ▼8.0% | ₹50 Cr ▲11.1% | ₹45 Cr ▲18.4% | ₹38 Cr ▲52.0% | ₹25 Cr |
| PBT | ₹258 Cr ▲77.9% | ₹145 Cr ▲76.8% | ₹82 Cr ▼36.9% | ₹130 Cr ▼35.6% | ₹202 Cr ▲231.2% | ₹-154 Cr ▼221.3% | ₹127 Cr ▲41.1% | ₹90 Cr ▼71.0% | ₹310 Cr |
| Tax % | 27.0% ▲0.0% | 27.0% ▼6.9% | 29.0% ▲11.5% | 26.0% ▲0.0% | 26.0% ▲160.0% | 10.0% ▼71.4% | 35.0% ▲16.7% | 30.0% ▲200.0% | 10.0% |
| Net Profit | ₹188 Cr ▲75.7% | ₹107 Cr ▲84.5% | ₹58 Cr ▼39.6% | ₹96 Cr ▼35.1% | ₹148 Cr ▲187.6% | ₹-169 Cr ▼303.6% | ₹83 Cr ▲31.7% | ₹63 Cr ▼77.3% | ₹278 Cr |
| EPS (₹) | 20.29 ▲76.7% | 11.48 ▲83.7% | 6.25 ▼40.0% | 10.41 ▼35.6% | 16.16 ▲193.6% | -17.27 ▼296.9% | 8.77 ▲29.7% | 6.76 ▼77.2% | 29.64 |
| Div Payout | 12.0% ▼45.5% | 22.0% ▼45.0% | 40.0% ▲66.7% | 24.0% ▲60.0% | 15.0% ▲314.3% | -7.0% ▼163.6% | 11.0% ▼26.7% | 15.0% ▲400.0% | 3.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹46 Cr ▲0.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▲100.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr |
| Reserves | ₹997 Cr ▲7.7% | ₹926 Cr ▲21.5% | ₹762 Cr ▲12.2% | ₹679 Cr ▲7.1% | ₹634 Cr ▲10.6% | ₹573 Cr ▲31.4% | ₹436 Cr ▼44.0% | ₹779 Cr ▲3.3% | ₹754 Cr ▲32.7% | ₹568 Cr |
| Borrowings | ₹220 Cr ▲25.7% | ₹175 Cr ▲32.6% | ₹132 Cr ▼21.4% | ₹168 Cr ▲784.2% | ₹19 Cr ▼70.3% | ₹64 Cr ▼79.1% | ₹306 Cr ▲2.3% | ₹299 Cr ▲6.8% | ₹280 Cr ▲77.2% | ₹158 Cr |
| Other Liabilities | ₹399 Cr ▼3.2% | ₹412 Cr ▲20.8% | ₹341 Cr ▲47.6% | ₹231 Cr ▲2.2% | ₹226 Cr ▲3.2% | ₹219 Cr ▼1.8% | ₹223 Cr ▼58.2% | ₹533 Cr ▼17.9% | ₹649 Cr ▲162.8% | ₹247 Cr |
| Total Liabilities | ₹1.7K Cr ▲6.7% | ₹1.6K Cr ▲21.6% | ₹1.3K Cr ▲13.9% | ₹1.1K Cr ▲24.6% | ₹903 Cr ▲2.7% | ₹879 Cr ▼11.0% | ₹988 Cr ▼39.6% | ₹1.6K Cr ▼4.2% | ₹1.7K Cr ▲71.4% | ₹996 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹808 Cr ▲8.0% | ₹748 Cr ▲6.3% | ₹704 Cr ▲13.2% | ₹622 Cr ▲7.4% | ₹579 Cr ▼0.2% | ₹580 Cr ▲20.6% | ₹481 Cr ▲1.1% | ₹476 Cr ▲9.9% | ₹433 Cr ▲46.3% | ₹296 Cr |
| CWIP | ₹159 Cr ▲133.8% | ₹68 Cr ▲240.0% | ₹20 Cr ▲0.0% | ₹20 Cr ▲150.0% | ₹8 Cr ▼55.6% | ₹18 Cr ▼76.6% | ₹77 Cr ▲83.3% | ₹42 Cr ▲366.7% | ₹9 Cr ▲12.5% | ₹8 Cr |
| Investments | ₹261 Cr ▲33.2% | ₹196 Cr ▲40.0% | ₹140 Cr ▲833.3% | ₹15 Cr ▼16.7% | ₹18 Cr ▲38.5% | ₹13 Cr ▼91.4% | ₹152 Cr ▼81.8% | ₹835 Cr ▼16.7% | ₹1.0K Cr ▲109.6% | ₹478 Cr |
| Other Assets | ₹434 Cr ▼20.7% | ₹547 Cr ▲31.5% | ₹416 Cr ▼11.3% | ₹469 Cr ▲57.4% | ₹298 Cr ▲11.6% | ₹267 Cr ▼4.0% | ₹278 Cr ▼1.4% | ₹282 Cr ▲7.2% | ₹263 Cr ▲22.9% | ₹214 Cr |
| Total Assets | ₹1.7K Cr ▲6.7% | ₹1.6K Cr ▲21.6% | ₹1.3K Cr ▲13.9% | ₹1.1K Cr ▲24.6% | ₹903 Cr ▲2.7% | ₹879 Cr ▼11.0% | ₹988 Cr ▼39.6% | ₹1.6K Cr ▼4.2% | ₹1.7K Cr ▲71.4% | ₹996 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹214 Cr ▼45.1% | ₹390 Cr ▲739.3% | ₹-61 Cr ▼141.2% | ₹148 Cr ▼14.9% | ₹174 Cr ▲48.7% | ₹117 Cr ▼20.9% | ₹148 Cr ▲22.3% | ₹121 Cr ▲5.2% | ₹115 Cr ▼8.0% | ₹125 Cr |
| Investing CF | ₹-229 Cr ▲9.1% | ₹-252 Cr ▼203.6% | ₹-83 Cr ▼97.6% | ₹-42 Cr ▼160.9% | ₹69 Cr ▲171.1% | ₹-97 Cr ▲27.1% | ₹-133 Cr ▲33.5% | ₹-200 Cr ▼58.7% | ₹-126 Cr ▼90.9% | ₹-66 Cr |
| Financing CF | ₹1 Cr ▲101.3% | ₹-76 Cr ▼160.3% | ₹126 Cr ▲235.5% | ₹-93 Cr ▲51.3% | ₹-191 Cr ▼768.2% | ₹-22 Cr ▼633.3% | ₹-3 Cr ▼105.5% | ₹55 Cr ▲523.1% | ₹-13 Cr ▲76.4% | ₹-55 Cr |
| Net Cash Flow | ₹-14 Cr ▼122.6% | ₹62 Cr ▲464.7% | ₹-17 Cr ▼230.8% | ₹13 Cr ▼74.5% | ₹51 Cr ▲2650.0% | ₹-2 Cr ▼116.7% | ₹12 Cr ▲152.2% | ₹-23 Cr ▲4.2% | ₹-24 Cr ▼700.0% | ₹4 Cr |
| Free Cash Flow | ₹42 Cr ▼84.3% | ₹267 Cr ▲290.7% | ₹-140 Cr ▼232.1% | ₹106 Cr ▼1.9% | ₹108 Cr ▲1250.0% | ₹8 Cr ▼66.7% | ₹24 Cr ▲226.3% | ₹-19 Cr ▼179.2% | ₹24 Cr ▼58.6% | ₹58 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3d ▲0.0% | 3d ▲0.0% | 3d ▲0.0% | 3d ▲50.0% | 2d ▼33.3% | 3d ▼50.0% | 6d ▲200.0% | 2d ▼33.3% | 3d ▼25.0% | 4d |
| Inventory Days | 44d ▲33.3% | 33d ▼41.1% | 56d ▲47.4% | 38d ▼2.6% | 39d ▲62.5% | 24d ▼11.1% | 27d ▼12.9% | 31d ▲0.0% | 31d ▲10.7% | 28d |
| Days Payable | 21d ▲16.7% | 18d ▲63.6% | 11d ▲22.2% | 9d ▲28.6% | 7d ▼30.0% | 10d ▼23.1% | 13d ▲0.0% | 13d ▼13.3% | 15d ▼6.3% | 16d |
| Cash Conv. Cycle | 26d ▲44.4% | 18d ▼61.7% | 47d ▲51.6% | 31d ▼11.4% | 35d ▲105.9% | 17d ▼15.0% | 20d ▲5.3% | 19d ▲0.0% | 19d ▲18.8% | 16d |
| Working Capital Days | 5d ▲400.0% | 1d ▼92.3% | 13d ▲30.0% | 10d ▲150.0% | 4d ▲126.7% | -15d ▲16.7% | -18d ▲18.2% | -22d ▼22.2% | -18d ▼125.0% | -8d |
| ROCE | 25.0% ▲56.3% | 16.0% ▲60.0% | 10.0% ▼52.4% | 21.0% ▼32.3% | 31.0% ▲321.4% | -14.0% ▼200.0% | 14.0% ▲16.7% | 12.0% ▼81.3% | 64.0% ▲120.7% | 29.0% |
Source: Screener.in · Lower days = better efficiency
About Heritage Foods Limited
Incorporated in 1992, Heritage Foods Ltd is in the business of Dairy, Renewable energy, and Animal feed[1]
Fast Moving Consumer Goods · Food Products