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Latest news about Heritage Foods

Heritage Foods Limited Receives FSSAI Notice for Product Quality Issue, Faces ₹1.00 Lakh Penalty 1 day ago

Heritage Foods Limited received an FSSAI notice on January 12, 2026, regarding sub-standard milk fat content in its Heritage Total Curd product sample. The company faces a ₹1.00 lakh compounding fee from the Adjudicating Officer in Jhajjar, Haryana, for violation under the Food Safety and Standards Act, 2006. Heritage Foods has committed to paying the penalty within the stipulated time and confirmed that this incident will have no material impact on its financials, operations, or other business activities.

Heritage Foods MD Receives Outstanding Dairy Professional Award 2025 3 days ago

Heritage Foods Limited Completes Acquisition of 51% Stake in Peanutbutter and Jelly Private Limited 4 days ago

Devyani International's Subsidiary to Sell 51% Stake in PB&J to Heritage Foods Dec 30, 2025

Heritage Foods Executive Director Mrs. Nara Brahmani Honored at Business Today Awards 2025 Dec 15, 2025

More news about Heritage Foods

10Dec 25

Heritage Foods Executes Share Purchase Agreement for 51% Stake Acquisition

Heritage Foods Limited has successfully executed the Share Purchase Agreement for acquiring a 51% controlling stake in Peanutbutter and Jelly Private Limited on December 30, 2025. The transaction, involving Sky Gate Hospitality Private Limited as the seller, represents Heritage Foods' strategic expansion into the processed food segment beyond its core dairy operations.

06Nov 25

Heritage Foods Clinches Golden Peacock Award for Corporate Governance Excellence

Heritage Foods Limited received the Golden Peacock Award for Excellence in Corporate Governance at the IOD Annual London Global Convention. The company's Vice-Chairperson & Managing Director, Smt. Bhuvaneswari Nara, was awarded the IOD Distinguished Fellowship. The awards were presented on November 4 in London, recognizing the company's commitment to corporate governance and sustainability practices. Heritage Foods was represented at the event by Smt. Bhuvaneswari Nara and Sri. Umakanta Barik, the Company Secretary & Compliance Officer. The company has informed stock exchanges of these achievements in compliance with SEBI regulations.

31Oct 25

Heritage Foods Clarifies Board Approval Status for Peanut Butter and Jelly Acquisition

Heritage Foods Limited (HFL) has issued a clarification regarding its recent announcement about acquiring a majority stake in Peanut Butter and Jelly Private Limited. The company clarified that its board has approved a proposal to acquire a 51% shareholding, subject to the closing of the share purchase agreement and necessary approvals. This corrects the earlier statement which suggested the acquisition had already occurred. HFL also announced its participation in upcoming investor conferences in Mumbai.

30Oct 25

DSP Small Cap Fund Boosts Stake in Heritage Foods to 5.24% via Rights Issue

DSP Small Cap Fund has increased its stake in Heritage Foods Limited through a rights issue, acquiring 25,68,989 shares on February 27, 2023. This acquisition brings the fund's total shareholding to 48,61,036 shares, representing 5.24% of Heritage Foods' paid-up capital. The rights issue doubled Heritage Foods' total equity shares from 4,63,98,000 to 9,27,96,000. DSP Trustee Private Limited acts as the trustee for DSP Mutual Fund schemes and DSP Alternative Investment Fund, while DSP Investment Manager Private Limited serves as the investment manager.

22Oct 25

Heritage Foods Reports 9% Revenue Growth Amid Challenging Q2 FY26

Heritage Foods Limited achieved a 9% year-on-year revenue growth to INR 11,125.00 crore in Q2 FY26, marking its second consecutive quarter above INR 11,000.00 crore. Value-added products drove growth, expanding 18% to INR 4,132.00 crore. EBITDA margin declined 122 bps due to increased milk procurement costs, while PAT grew 5%. The company's subsidiary, Heritage Nutrivet, saw a 34% revenue increase. Heritage Foods is focusing on expanding its value-added product portfolio, distribution network, and implementing cost management strategies to drive future growth.

15Oct 25

Heritage Foods Delivers Resilient Q2 Performance Amid Challenges

Heritage Foods Limited posted a 9% year-on-year increase in consolidated revenue, reaching ₹11,125.00 million for Q2. Value-added products (VAP) revenue grew 14.8% to ₹3,417.00 million, contributing 31.4% to total revenue. EBITDA stood at ₹772.00 million with a 6.9% margin, while Profit After Tax increased by 5% to ₹510.00 million. The company faced challenges such as high milk procurement costs and extended monsoons but maintained profitability through operational agility and a diversified portfolio.

15Oct 25

Heritage Foods Reports Mixed Q2 Results: Higher Profit Despite EBITDA Decline

Heritage Foods Limited announced Q2 financial results with a 4.29% increase in consolidated net profit to ₹511.00 million. However, EBITDA declined by 7.33% to ₹771.00 million, with EBITDA margin compressing to 6.94% from 8.16% year-over-year. The company maintained profitability despite operational challenges, primarily operating in the dairy segment with smaller presence in renewable energy and feed segments.

01Oct 25

Heritage Foods Appoints Amit Vijay Shetty as Chief Human Resources Officer

Heritage Foods Limited has appointed Mr. Amit Vijay Shetty as its new Chief Human Resources Officer (CHRO), effective October 1, 2025. Mr. Shetty brings over 16 years of HR experience across multiple sectors. He holds a Masters in Management Studies and a Bachelor of Engineering from Mumbai University. His responsibilities will include strategic talent management, leadership development, and enhancing organizational culture. Mr. Shetty's appointment aims to strengthen Heritage Foods' HR function and align it with the company's business objectives.

26Sept 25

Heritage Foods Clinches Golden Peacock Award for Corporate Governance Excellence

Heritage Foods Limited has been awarded the Golden Peacock Award for Excellence in Corporate Governance by the Institute of Directors (IOD). The award will be presented at a ceremony in London on November 4, as part of IOD India's Annual London Global Convention. The company views this recognition as a testament to its commitment to transparency, accountability, and ethical practices. Additionally, Heritage Foods has announced the closure of its trading window for designated persons from October 1 until 48 hours after the declaration of Q2 financial results, in compliance with SEBI regulations.

18Sept 25

Heritage Foods Slashes Dairy Product Prices Following GST Rationalization

Heritage Foods, a leading Indian dairy company, has announced significant price reductions across its product portfolio, effective September 22, 2025. The price cuts, ranging from ₹3 per litre for UHT milk to ₹50 per kg for butter and cheese, are a result of the Government of India's recent GST rationalization. The company aims to make its high-quality dairy products more accessible, particularly in Tier 2 and Tier 3 cities. This move is expected to stimulate demand during the festive season and reinforce Heritage Foods' market leadership. The price reductions do not apply to fresh milk, which was already GST-exempt.

21Jul 25

Heritage Foods Reports Record Q1 Revenue of ₹1,137 Crores Despite Weather Challenges; Supreme Court Dismisses GST Department's SLP

Heritage Foods achieved its highest ever quarterly revenue of ₹1,137.00 crores in Q1, marking the third consecutive quarter of double-digit growth. The company reported EBITDA of ₹73.90 crores and PAT of ₹40.50 crores. Milk procurement increased by 10% year-on-year, while value-added products contributed over 40% to total revenue. The company faced temporary impacts from erratic weather but saw recovery in June. Heritage Foods increased its stake in Heritage Novandie Foods to 94.40% and launched a new sub-brand, Heritage Livo. The Supreme Court dismissed the GST Department's SLP, confirming 5% GST on Flavoured Milk and entitling Heritage Foods to a refund of ₹4.53 crores.

17Jul 25

Heritage Foods Ltd: Q1 Profit Drops 31% YoY, Margin Contracts

Heritage Foods Limited announced Q1 financial results with a 10.1% increase in consolidated revenue to ₹1,136.70 crore. However, net profit declined 30.7% to ₹40.50 crore, and EBITDA fell 21.2% to ₹73.80 crore. EBITDA margin compressed to 6.5% from 9.0% year-over-year. The stock price dropped 3.17% on NSE following the announcement.

16May 25

Heritage Foods Reports Strong Q4 Performance with EBITDA Growth and Declares Dividend

Heritage Foods, a leading Indian dairy company, announced robust Q4 results with revenue growing 10.5% YoY to ₹10,500 million. EBITDA increased 13.8% to ₹799 million, with margin expanding to 7.62%. Despite a slight YoY dip, consolidated net profit showed sequential improvement. The company declared a dividend of ₹2.5 per share.