Heritage Foods Limited

Fast Moving Consumer Goods · Food Products

NSE: HERITGFOOD BSE: 519552

₹402.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Food Products

The largest companies in the same industry by market cap. This company ranks #15 of 96. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Nestle India Limited	252,609	65.4	67.9%	12.3%	—	87	0	27
Britannia Industries Limited	116,339	44.1	49.4%	-19.0%	—	82	0	10
Hatsun Agro Product Limited	24,480	65.8	19.9%	20.4%	0.91%	48	8	49
Zydus Wellness Limited	16,315	423.8	3.4%	11.5%	—	50	32	31
Bikaji Foods International Limited	13,083	48.3	14.9%	-28.7%	0.24%	74	22	11
EID Parry India Limited	12,206	—	9.3%	-33.7%	—	40	100	10
Godrej Agrovet Limited	11,995	22.2	20.6%	-10.3%	1.76%	65	20	48
Manorama Industries Limited	11,063	41.9	33.6%	30.5%	—	95	33	48
Heritage Foods Limited (this stock)	3,730	29.4	13.5%	-17.7%	—	62	37	51

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹3,997 Cr

EV / EBITDA

14.7x

EV / Sales

0.87x

Market cap / Sales

0.81x

Earnings yield

3.40%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,298 Cr, up 15.5% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 25 Cr, down 34.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,292	33	25	₹2.6700
March 31, 2026	1,114	30	23	₹2.4800
Dec. 31, 2025	1,091	41	30	₹3.2900
Sept. 30, 2025	1,090	64	48	₹5.2200
June 30, 2025	1,119	51	38	₹4.0700
March 31, 2025	1,035	35	21	₹2.2100
Dec. 31, 2024	1,020	55	41	₹4.4500
Sept. 30, 2024	1,006	66	48	₹5.2000
June 30, 2024	1,020	77	58	₹6.2500
March 31, 2024	936	37	23	₹2.5100
Dec. 31, 2023	923	36	27	₹2.9200
Sept. 30, 2023	963	30	23	₹2.4300
June 30, 2023	913	25	18	₹1.9500

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	1,298	1,120	1,099	1,096	1,124	1,041	1,028	1,014	1,025	940	925	965	916
Operating revenue	1,292	1,114	1,091	1,090	1,119	1,035	1,020	1,006	1,020	936	923	963	913
Other income	6	6	8	5	5	6	8	8	6	4	3	2	3
Operating expenses	1,232	1,065	1,035	1,019	1,051	961	952	927	929	869	873	919	875
Operating profit	59	50	57	72	68	74	68	79	90	67	49	44	39
Operating profit margin	4.6%	4.5%	5.2%	6.6%	6.0%	7.2%	6.7%	7.9%	8.9%	7.2%	5.3%	4.6%	4.2%
Depreciation	25	20	20	19	18	17	17	17	16	15	15	14	14
Interest	8	5	4	4	4	4	4	4	3	3	2	1	3
Exceptional items, gain / (loss)	—	0	—	9	—	-23	—	—	—	-17	—	—	—
Profit before tax	33	30	41	64	51	35	55	66	77	37	36	30	25
Tax	8	7	11	15	13	15	14	18	19	14	9	8	7
Net profit	25	23	30	48	38	21	41	48	58	23	27	23	18
EPS	2.67	2.48	3.29	5.22	4.07	2.21	4.45	5.20	6.25	2.51	2.92	2.43	1.95
Net profit (TTM)	127	140	137	148	148	168	171	157	131	91	87	76	74
EPS (TTM)	13.66	15.06	14.79	15.95	15.93	18.11	18.41	16.88	14.11	9.81	9.38	9.81	11.93

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	4,415	186	140
March 31, 2025	4,080	233	168
March 31, 2024	3,734	127	91
March 31, 2023	3,209	89	66

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	11.3%	12.3%	4,439^†	4,108^†	3,746^†	3,220^†	2,653^†	2,482^†	2,790^†	2,403^†	2,278^†
Operating revenue	11.2%	12.9%	4,415	4,080	3,734	3,209	2,643^†	2,407^†	2,710^†	2,396^†	2,273^†
Other income	—	—	24^†	27^†	12^†	11^†	10^†	75^†	79^†	7^†	5^†
Operating expenses	—	—	4,169^†	3,769^†	3,535^†	3,074^†	2,456^†	2,224^†	—	—	—
Operating profit	22.1%	6.1%	246^†	312^†	199^†	135^†	187^†	183^†	—	—	—
Operating profit margin	—	—	5.6%^†	7.6%^†	5.3%^†	4.2%^†	7.1%^†	7.6%^†	—	—	—
Depreciation	—	—	77^†	67^†	58^†	54^†	50^†	44^†	—	—	—
Interest	—	—	17^†	15^†	8^†	3^†	3^†	18^†	21^†	17^†	11^†
Exceptional items, gain / (loss)	—	—	10^†	-23^†	-17^†	0^†	-9^†	0^†	0^†	0^†	0^†
Profit before tax	27.6%	-1.1%	186	233	127	89	135^†	196^†	129^†	80^†	97^†
Tax	—	—	46^†	65^†	36^†	23^†	34^†	51^†	45^†	28^†	31^†
Net profit	28.5%	-0.8%	140	168	91	66	102^†	145^†	83^†	52^†	67^†
EPS	7.6%	-13.6%	15.06^†	18.11^†	9.81^†	12.10^†	21.88^†	31.28^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Operating margin	5.6%^†	7.6%^†	5.3%^†	4.2%^†	7.1%^†	7.6%^†	—	—	—
EBIT margin	4.6%^†	6.1%^†	3.6%^†	2.9%^†	5.2%^†	8.9%^†	5.5%^†	4.1%^†	4.8%^†
PBT margin	4.2%	5.7%	3.4%	2.8%	5.1%^†	8.2%^†	4.7%^†	3.3%^†	4.3%^†
Net margin	3.2%	4.1%	2.4%	2.1%	3.8%^†	6.0%^†	3.1%^†	2.2%^†	2.9%^†
Interest coverage	12.20x^†	16.53x^†	16.60x^†	29.20x^†	43.26x^†	11.99x^†	7.22x^†	5.57x^†	9.74x^†
Dividend payout	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—
Current ratio	1.35x	1.78x	—	—	—	—	—	—	—
Quick ratio	0.70x	0.85x	—	—	—	—	—	—	—
Debt to equity	0.30x	0.14x	—	—	—	—	—	—	—
Return on equity	13.1%	17.7%	—	—	—	—	—	—	—
Return on assets	7.5%	11.1%	—	—	—	—	—	—	—
Return on capital employed	14.4%^†	21.6%^†	—	—	—	—	—	—	—
Asset turnover	2.36x	2.69x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	225	-373	142	384	-159
March 31, 2025	200	-218	3	171	29
March 31, 2024	375	-242	-71	127	248
March 31, 2023	-61	-82	127	83	-144
March 31, 2022	144	-41	-90	44	99

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,869	1,064	1,017	101	223	628	465	58	1,073	301
March 31, 2025	1,518	947	901	25	109	654	367	63	700	342
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.