Heritage Foods

Market Cap (₹ Cr.)

₹5,367

52 Week High

727.35

Book Value

₹87

52 Week Low

209.30

PE Ratio

36.22

PB Ratio

6.67

PE for Sector

42.31

PB for Sector

2.35

ROE

13.18 %

ROCE

20.39 %

Dividend Yield

0.43 %

EPS

₹15.97

Industry

FMCG

Sector

Food - Processing - Indian

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

17.01 %

Net Income Growth

83.78 %

Cash Flow Change

744.32 %

ROE

65.07 %

ROCE

59.90 %

EBITDA Margin (Avg.)

25.95 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Revenue	549	580	588	584	635	461	463	460	737	749	820	576	607	665	760	665	699	750	809	717	781	688	595	590	609	641	663	660	690	817	812	780	811	916	965	925	940	1,025
Expenses	516	551	552	554	595	428	433	424	496	715	796	538	560	619	711	619	647	699	781	681	972	568	560	534	562	587	605	617	657	791	770	745	768	875	919	873	886	929
EBITDA	33	30	36	30	40	33	30	36	241	34	24	38	47	46	49	46	52	50	28	36	-190	120	35	56	47	54	58	43	33	27	42	35	43	41	46	52	55	96
Operating Profit %	3 %	3 %	4 %	3 %	3 %	7 %	6 %	8 %	-2 %	-17 %	-31 %	6 %	-1 %	3 %	-16 %	-1 %	-4 %	2 %	-17 %	-3 %	-51 %	8 %	6 %	9 %	7 %	8 %	8 %	6 %	5 %	3 %	5 %	4 %	5 %	4 %	5 %	5 %	5 %	9 %
Depreciation	9	8	9	9	9	6	6	6	6	9	9	9	10	10	11	11	11	12	12	12	11	11	11	11	11	12	12	12	13	13	13	14	14	14	14	15	15	16
Interest	4	4	4	3	4	2	2	2	4	4	4	5	5	5	4	5	6	5	5	5	6	6	4	5	3	1	1	0	1	1	0	0	2	3	1	2	3	3
Profit Before Tax	20	17	24	18	27	26	22	27	231	21	11	24	32	30	33	30	35	33	10	19	-207	103	20	41	33	41	45	30	20	13	28	21	27	25	30	36	37	77
Tax	6	7	9	7	9	9	4	6	6	5	9	7	9	9	13	10	11	11	-1	5	3	10	18	15	7	10	13	5	7	3	8	5	7	7	8	9	12	18
Net Profit	13	11	15	11	18	16	16	20	223	16	9	15	21	20	20	20	24	22	14	15	-210	94	1	26	25	31	34	22	14	10	21	16	19	18	23	27	23	58
EPS in ₹	5.43	4.62	6.59	6.59	7.34	7.11	10.21	4.27	48.05	3.44	1.91	3.24	4.42	4.29	4.30	4.22	5.17	4.68	3.03	3.14	-45.33	20.25	0.21	5.53	5.29	6.57	7.37	4.82	3.12	2.12	4.55	3.35	2.08	1.95	2.43	2.92	2.51	6.25

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	526	575	966	1,685	1,595	962	858	891	1,121	1,260
Fixed Assets	281	312	280	416	453	438	538	539	581	666
Current Assets	214	228	183	234	253	252	245	278	440	502
Capital Work in Progress	9	10	8	9	22	77	18	7	20	20
Investments	0	0	478	1,018	860	186	49	60	65	172
Other Assets	236	253	200	243	260	260	253	285	455	402
Total Liabilities	333	335	373	907	790	500	264	230	384	456
Current Liabilities	247	234	241	319	307	304	198	174	306	296
Non Current Liabilities	86	100	131	589	483	195	66	56	78	161
Total Equity	193	240	593	778	805	462	594	660	737	803
Reserve & Surplus	170	217	570	755	782	439	571	637	690	757
Share Capital	23	23	23	23	23	23	23	23	46	46

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-4	4	-26	-21	13	-0	49	13	-16	62
Investing Activities	-47	-66	-99	-217	-119	-104	70	-41	-82	-242
Operating Activities	52	125	104	138	143	124	164	144	-61	375
Financing Activities	-8	-55	-16	58	-11	-21	-185	-90	127	-71

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Feb 2023	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Promoter	39.90 %	39.90 %	39.49 %	39.43 %	39.43 %	39.43 %	39.43 %	39.21 %	41.58 %	41.58 %	41.58 %	41.58 %	41.30 %	41.30 %	41.30 %
FIIs	3.79 %	2.84 %	3.47 %	3.97 %	1.62 %	2.04 %	2.36 %	2.07 %	1.83 %	1.98 %	2.08 %	1.75 %	1.74 %	2.01 %	3.32 %
DIIs	13.52 %	13.93 %	14.26 %	15.56 %	15.89 %	14.65 %	15.60 %	15.66 %	15.91 %	15.90 %	15.88 %	14.48 %	11.97 %	11.74 %	3.91 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	42.80 %	43.33 %	42.78 %	41.04 %	43.06 %	43.89 %	42.62 %	43.06 %	40.68 %	40.54 %	40.47 %	42.20 %	44.98 %	44.95 %	51.46 %

Show % Change

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Hatsun Agro Product	1,224.55	27,243.23	85.77	8,012.98	10.41	267	62.89	43.07
Bikaji Foods International	919.15	21,666.82	76.65	2,356.66	18.49	263	40.21	65.77
LT Foods	420.05	15,246.14	25.03	7,822.06	12.08	598	12.99	64.34
Zydus Wellness	2,141.75	13,791.63	45.33	2,341.70	3.63	267	33.79	37.10
Mrs. Bectors Food	1,947.20	11,867.64	84.22	1,642.95	19.56	140	1.66	72.05
Avanti Feeds	685.60	9,275.60	24.48	5,505.16	6.30	394	19.46	52.35
Dodla Dairy	1,207.25	7,363.01	37.42	3,152.88	11.21	167	85.93	48.48
KRBL	310.95	7,177.99	14.72	5,481.65	0.44	596	-55.53	56.35
Heritage Foods	578.65	5,367.32	36.22	3,805.87	17.01	107	249.04	58.48
MANORAMA INDUSTRIES LTD	806.80	4,818.29	114.51	470.23	31.75	40	17.23	50.43