Heritage Foods Ltd.
Snapshot View

509.75 +7.55 ▲1.5%

05 August 2021, 04:00:00 P.M.
Volume: 35,916

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website http://www.heritagefoods.in
Financial Indicators
Market Cap 2,373.03 Cr.
Earnings per share (EPS) 18.07 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 28.30 Trailing Twelve Months Ending 2021-06
Industry PE 57.81 Trailing Twelve Months Ending 2021-06
Book Value / Share 134.55 Trailing Twelve Months Ending 2021-06
Price to Book Value 3.80 Calculated using Price: 511.45
Dividend Yield 0.98 Period Ending 2021-03
No. of Shares Subscribed 4.64 Cr. 46,398,000 Shares
FaceValue 5
Company Profile

The Heritage Foods was founded by Mr. Nara Chandrababu Naidu in the year 1992, which is one of the fastest growing Public Listed Companies in India. Heritage's milk and milk products have a market presence in Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharastra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand & Uttar Pradesh. In the year 1994, Heritage Foods went public and was oversubscribed 54 times. Heritage Foods shares are listed on BSE and NSE.

Business area of the company

Heritage Foods is engaged in two key business verticals - Dairy and Renewable Energy

Business verticals

Dairy

  • Milk
  • UHT Milk
  • Curd
  • Buttermilk
  • Ice-Creams
  • Frozen Desserts
  • Lassi
  • Flavoured Milk
  • Milkshake
  • Paneer
  • Sweets
  • Ghee
  • Butter
  • Skimmed Milk Powder

Renewable Energy

Awards

  • 2013: Fortune-50 Most Powerful Business Women- Mrs. N Bhuvaneswari, Vice Chairperson and Managing Director of the Company was named the Most Powerful Business Woman in India for the year 2013. Ranked 45th in the List of Fortune-50.
  • 2014: Economics Times- The Company was listed among the top 500 Indian Companies for the year 2014 as compiled by the Economic Times, on the basis of Industry Reputation and Key Financial Parameters.
  • 2014: ‘Most Admired Retailer of the Year 2014’- The Retail division of the Company has received the “Most Admired Retailer of the year 2014 Award” in the Food & Grocery Segment from India Retail Forum Mumbai in September, 2014
  • 2014: National Energy Conservation Award- The Dairy Division of the Company has received the 1st Prize in ‘National Energy Conservation Award’ in the Dairy sector from the Ministry of Power, Govt of India in December, 2014.
  • 2015: COCA COLA Golden Spoon Award- The Retail Division of the Company has received the ‘COCA COLA Golden Spoon Award 2015’ for being the Regional Chain’s Most Admired Food & Grocery Retailer of the Year’ at India Food Forum, Mumbai in January, 2015.
  • 2015: National Energy Conservation Award- The Gokul Plant has received the 1st Prize in the ‘National Energy Conservation Award’ in the Dairy sector from the Ministry of Power, Govt of India in December, 2015
  • 2016: COCA COLA Golden Spoon Award 2016- The Retail Division of the Company has received the ‘COCA COLA Golden Spoon Award’ 2016 for being the Most Admired Food & Grocery Retailer of the Calendar Year 2015
  • 2016: Great Indian Ice Cream Contest 2016 Season-5- The Company received the Gold Award in Kool Kids, i.e., 1st Prize on an All India level
  • 2016: Golden Peacock Award for Excellence in Corporate Governance- The Company has been declared the Winner of the ‘Golden Peacock Award for Excellence in Corporate Governance’ for the year 2016.
  • 2016: National Energy Conservation Award- The Uppal Plant has received the 1st Prize in the ‘National Energy Conservation Award’ in the Dairy sector from the Ministry of Power, Govt of India during the year 2016.
  • 2016: 100 Most Influential CFO’s in India- The Chief Financial Officer (CFO) of the Company has been conferred an Award by the London-based Chartered Institute of Management Accountants (CIMA), thereby joining CIMA's elite list of '100 Most Influential CFOs' during the year 2016.
  • 2016: Most Innovative 100 CIOs/CTOs of India- The IT Head of the Company has been awarded by the organisation www.indiasgreatest.com as one of the '100 Most Innovative CIOs of India' during the year 2016.
  • 2016: Excellence Awards in Corporate Social Responsibility- The Company bagged FTAPCCI Excellence Awards in Corporate Social Responsibility during the year 2016.
  • 2017: Golden Peacock Award for Excellence in Corporate Governance- The Company bagged the “Golden Peacock Award for Excellence in Corporate Governance” for the year 2017.
  • 2017: National Energy Conservation Award- The Company won the Prestigious National Energy Conservation Awards (NECA - 2017) in the Dairy sector for the year 2017.
  • 2017: Hyderabad CFO Leadership Award- Mr. A Prabhakara Naidu, CFO of the Company, won the Hyderabad CFO Leadership Award from the World CSR Day and World Sustainability.
  • 2017: Telangana Best Employer Brand Award 2017- The Company received the Telangana Best Employer Brand Award 2017 from the World CSR Day and World Sustainability.
  • 2017: ICAI Awards 2017-The Institute of Chartered Accountants of India in its 11th ICAI Awards, 2017 conferred Award for Excellent CA-CFO in the Agriculture & Allied Services Sector to Mr. A. Prabhakara Naidu, Chief Financial Officer of the Company.
  • 2018: 100 Top HR Mind in India Award- Mr. Dheeraj Tandon, Head HR, has received the 100 Top HR Minds in India Award from the World HRD Congress.
  • 2018: Won India Food Safety Summit Award by Confederation of Indian Industry
  • 2020: Won India Food Safety Summit Award
  • 2020: Won India Dairy Award

Milestones

  • 1992- Incorporation of the Company on June 5, 1992
  • 1993- Commenced commercial production on April 26, 1993
  • 1994- Initial Public Offering which was over-subscribed 54 times
  • 2002- Buyback of shares
  • 2006- Started Retail division - Heritage Fresh Stores
  • 2007-08- Launched value-added products like curd, lassi, buttermilk, paneer, flavoured milk and frozen dessert
  • 2007-08- First exclusive franchise
  • 2007-08- Started Agri division
  • 2013- Set up first solar energy plant
  • 2013- Awarded 1:1 bonus equity shares to shareholders
  • 2013- VP & MD, Mrs. N. Bhuvaneswari named among the 50 M
  • 2014- Entered into India’s prestigious list of
  • 2014- ET Top 500 Companies
  • 2016- Commissioned the first wind power plant
  • 2016- Received the Golden Peacock Award in Corporate Governance
  • 2016- Received Board approval regarding demerger of retail undertaking
  • 2017- Revamped the Heritage brand in our Silver Jubilee Year
  • 2017- Launched Polypropylene (PP) flavoured milk
  • 2017- Established Heritage Nutrivet Limited, a subsidiary for cattle-feed
  • 2017- Received Golden Peacock Award for Excellence in Corporate Governance
  • 2018- Launched Alpenvie Ice-cream range

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.50%
1 Week
+2.33%
1 Month
+2.13%
3 Month
+42.91%
6 Month
+82.67%
1 Year
+54.66%
2 Year
+47.35%
5 Year
-20.05%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 43.80 28.85 15.53 25.99 67.39 9.22 10.58 -26.73 28.84
Return on Capital Employed (%) 31.06 26.01 16.96 28.76 57.46 12.15 13.97 -13.75 31.62
Return on Assets (%) 12.22 10.04 5.57 10.07 35.37 4.65 4.98 -12.80 16.21

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 142 179 193 240 591 778 803 460 596
Non Curr. Liab. 68 72 86 100 137 592 495 207 74
Curr. Liab. 201 241 247 234 258 326 326 320 208
Minority Int. 0 0 0 0 11 11 12 2 0
Equity & Liab. 411 492 526 575 996 1,707 1,635 988 879
Non Curr. Assets 264 304 312 347 789 1,453 1,360 720 619
Curr. Assets 147 187 214 228 207 254 275 269 259
Misc. Exp. not W/O
Total Assets 411 492 526 575 996 1,707 1,635 988 879

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1,602 1,722 2,073 2,381 1,832 2,373 2,515 2,726 2,473
Other Income 4 5 7 7 251 403 140 303 8
Total Income 1,606 1,727 2,080 2,387 2,083 2,776 2,655 3,029 2,481
Total Expenditure -1,498 -1,625 -1,989 -2,248 -1,738 -2,629 -2,459 -3,107 -2,210
PBIDT 108 102 91 139 345 148 196 -78 272
Interest -19 -15 -18 -17 -11 -20 -23 -24 -21
Depreciation -22 -25 -34 -35 -25 -38 -45 -50 -46
Taxation -14 -16 -11 -31 -32 -27 -45 -15 -53
Exceptional Items -3 -1 -1
PAT 50 45 28 55 278 63 83 -168 151

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 97 75 52 125 115 121 148 117 174
Cash Fr. Inv. -29 -62 -47 -66 -120 -200 -133 -97 69
Cash Fr. Finan. -65 -1 -8 -55 -13 55 -3 -22 -191
Net Change 3 12 -4 4 -18 -23 12 -2 51
Cash & Cash Eqvt 32 44 40 45 -17 -41 -29 -31 20

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 39.90 39.90 39.90 39.90 39.90 39.90 39.90 39.90 39.90
Public 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of the Q1 FY22 Earnings Conference Call held on July 30 2021
Sat, 31 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of Investor Conference Call held on July 30 2021
Fri, 30 Jul 2021
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Consolidated Scrutinizers Report for the 29th Annual General Meeting for FY 2020-21 held on Friday July 30 2021 at 10:30 a.m. through video conferencing (VC) / other audio visual means
(OAVM)

Technical Scans View Details

Thu, 05 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Bearish CCI Bearish
Wed, 04 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Overbought Zone CCI Overbought Zone
Tue, 03 Aug 2021
Opening at Low Opening at Low

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