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Heritage Foods Limited

Heritage Foods Limited

NSE: HERITGFOOD
Packaged FoodsConsumer DefensiveSMALL CAPMCap ₹3.76k Cr
₹405.40₹7.75 (+1.95%)

Market Closed • NSE

Market cap₹3.76k Cr
Enterprise value₹3.84k Cr
P/E TTM32.61
Forward P/E19.37
P/B3.31
EPS TTM₹12.43
Forward EPS₹20.93
ROCE14.80%
ROE0.10%
ROA0.05%
D/E0.34
Dividend yield0.01%
Face value₹5.00
52W high₹503.80
52W low₹292.55
Price chart(1Y)
1Y Return:+26.69% (+₹85.40)
H: ₹429.9L: ₹316.2
1W+3.47%
1M-0.01%
3M+22.90%
6M+12.16%
1Y-15.89%
Today at a glance

Day range

₹386.35₹409.70

52 week range

₹292.55₹503.80
Volume677.6K1.87x 20D avg
Free float50.00%+87.10% volume

Heritage Foods Limited closed at INR405.40 (+1.95%) on volume 1.87x its 20-day average, trading 19.53% below its 52-week high.

Technical analysis
RSI (14)53.7Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹17.36High
SMA 20₹404.27BULLISH
SMA 50₹388.71BULLISH
SMA 100₹358.96BULLISH
SMA 200₹357.77BULLISH
CPR bottom₹407.07
Pivot₹403.93
CPR top₹400.79
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +4.2% QoQ

2026-07-15

DIVIDEND Announced

Dividend - Rs 2.50 Per Share

2025-07-23

DIVIDEND Announced

Annual General Meeting/Dividend - Rs 2.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹361.5 Cr₹3.76k Cr9.61%≤ 33%PASS
Non-halal income ratio₹99.3 Lakh₹4.52k Cr0.02%≤ 5%PASS
Illiquid assets ratio₹1.89k Cr₹1.95k Cr96.68%≥ 20%PASS
Receivables ratio–₹1.95k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E32.6121.90
Forward P/E19.37—
P/B3.312.40
EV/EBITDA—18.00
PEG—1.30
Earnings yield3.104.60
Growth & profitability
RevenuePAT
FY25PAT margin 4.50%
FY26PAT margin 3.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+3.00%
Revenue CAGR 5Y+1.80%
PAT CAGR 3Y-7.30%
PAT CAGR 5Y-4.40%
Operating margin3.77%
Net margin2.33%
Financial health & cash flow
Net debt₹296.8 CrModerate
Interest coverage11.70xEBIT / interest
CFO / PAT1.58x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹237.2 Cr
Capital expenditure–
Free cash flow₹-14521.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall70/100
Valuation50/100
Profitability65/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.34x

High Cash Flow Conversion: CFO/PAT averaged 1.58x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Packaged Foods.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
8.42%Institutional holding
50.28%Public holding
5Periods available
0.00%Promoter pledged
1.28LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
15 Jul 2026Dividend₹2.50 / share—15 Jul 2026
23 Jul 2025Dividend₹2.50 / share—23 Jul 2025
—Dividend₹2.50 / share—13 Aug 2024
—Dividend₹2.50 / share—14 Aug 2023
20 Jan 2023Rights issueRights 1:1 @ Premium Rs 0/-—20 Jan 2023
—Dividend₹2.50 / share—21 Jul 2022
02 Nov 2021Dividend₹2.50 / share—01 Nov 2021
—Dividend₹5.00 / share—22 Jul 2021
—Dividend₹2.50 / share—19 Aug 2020
—Dividend₹2.00 / share—21 Aug 2019
—Dividend₹2.00 / share—20 Aug 2018
11 Oct 2017Dividend₹10.00 / share—10 Oct 2017
—Dividend₹3.00 / share—11 Aug 2017
—Dividend₹3.00 / share—09 Aug 2016
—Dividend₹3.00 / share—15 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.86%+3.63% latest vs average
Highest delivery50.42%on 05 Oct
Average volume (20D)362.2KTrading-session average
Conviction trendStrengthening+3.63% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Hindustan Unilever Limited
Hindustan Unilever LimitedHINDUNILVR
Open analysis
₹4.45L42.462.32%₹17,341.00₹2,680.00+10.05%-3.18%
ITC Limited
ITC LimitedITC
Open analysis
₹3.30L16.646.06%₹19,114.00₹4,509.00-11.08%-15.61%
Nestlé India Limited
Nestlé India LimitedNESTLEIND
Open analysis
₹2.44L59.830.94%₹6,378.00₹959.00+25.16%+48.22%
Avenue Supermarts Limited
Avenue Supermarts LimitedDMART
Open analysis
₹2.18L69.890.00%₹18,795.00₹860.00+14.88%+11.25%
Varun Beverages Limited
Varun Beverages LimitedVBL
Open analysis
₹1.46L43.050.47%₹8,451.00₹1,525.00+20.44%+15.09%
Britannia Industries Limited
Britannia Industries LimitedBRITANNIA
Open analysis
₹1.15L44.071.87%₹5,000.00₹593.00+8.18%+14.04%
Marico Limited
Marico LimitedMARICO
Open analysis
₹1.02L53.910.51%₹3,957.00₹652.00+22.85%+27.10%
UNITED SPIRITS LIMITED
UNITED SPIRITS LIMITEDUNITDSPR
Open analysis
₹97,987.6558.111.23%₹3,054.00₹539.00+3.67%+28.03%
About Heritage Foods Limited
Heritage Foods Limited

Incorporated in 1992, Heritage Foods Ltd is in the business of Dairy, Renewable energy, and Animal feed[1]

IndiaConsumer Defensive

Questions investors ask
Is Heritage Foods Limited Shariah compliant?

Heritage Foods Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (9.61%) complies with AAOIFI threshold (≤ 33%).

What is Heritage Foods Limited's current valuation relative to peers?

Heritage Foods Limited trades at a P/E of 32.6x compared to the sector median of 21.9x, and a Price-to-Book of 3.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.34x. Interest coverage is 11.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.8% while net profit growth averaged -4.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.