Heritage Foods Ltd
NSE:HERITGFOOD

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Heritage Foods Ltd Logo
Heritage Foods Ltd
NSE:HERITGFOOD
Watchlist
Price: 480.5 INR -0.33% Market Closed
Market Cap: 44.6B INR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+44%
5Y
+68%
10Y
+95%
Operating Income
+
3Y
+184%
5Y
+48%
10Y
+212%
Net Income
+
3Y
+189%
5Y
-
10Y
+291%

Earnings Waterfall
Heritage Foods Ltd

Revenue
43.3B INR
Cost of Revenue
-32.7B INR
Gross Profit
10.6B INR
Operating Expenses
-8.3B INR
Operating Income
2.3B INR
Other Expenses
-614.3m INR
Net Income
1.7B INR

Income Statement
Heritage Foods Ltd

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Income Statement
Currency: INR
Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
6
7
6
5
0
2
4
5
8
12
18
35
65
95
124
138
139
144
146
157
165
164
167
166
163
175
177
0
0
0
197
0
0
0
148
0
0
0
119
0
0
0
150
0
0
0
146
0
0
0
94
0
0
0
173
0
0
0
208
0
0
0
219
0
0
0
183
0
0
0
35
0
0
0
32
0
0
0
85
0
0
0
0
0
0
Revenue
2 517
N/A
2 604
+3%
2 661
+2%
2 756
+4%
2 796
+1%
2 835
+1%
2 921
+3%
3 055
+5%
3 183
+4%
3 260
+2%
3 467
+6%
3 855
+11%
4 407
+14%
5 171
+17%
5 902
+14%
6 548
+11%
7 224
+10%
7 631
+6%
7 960
+4%
8 245
+4%
8 326
+1%
8 582
+3%
9 004
+5%
9 343
+4%
9 861
+6%
10 335
+5%
10 961
+6%
11 594
+6%
12 370
+7%
13 264
+7%
13 934
+5%
14 902
+7%
15 421
+3%
15 730
+2%
16 018
+2%
16 234
+1%
16 462
+1%
16 787
+2%
17 220
+3%
17 922
+4%
18 797
+5%
19 667
+5%
20 730
+5%
21 457
+4%
22 201
+3%
22 919
+3%
23 806
+4%
22 696
-5%
21 509
-5%
20 340
-5%
18 950
-7%
20 443
+8%
21 923
+7%
23 055
+5%
23 734
+3%
23 982
+1%
24 015
+0%
24 414
+2%
25 148
+3%
25 944
+3%
26 546
+2%
27 083
+2%
27 259
+1%
26 435
-3%
25 739
-3%
25 064
-3%
24 731
-1%
24 824
+0%
25 426
+2%
26 047
+2%
26 813
+3%
28 541
+6%
30 000
+5%
31 190
+4%
32 407
+4%
33 434
+3%
35 058
+5%
36 609
+4%
37 939
+4%
39 029
+3%
39 439
+1%
40 367
+2%
41 346
+2%
42 387
+3%
43 317
+2%
Gross Profit
Cost of Revenue
(1 902)
(2 008)
(2 166)
(2 140)
(2 149)
(2 179)
(2 354)
(2 391)
(2 506)
(2 576)
(2 821)
(3 138)
(3 565)
(4 196)
(4 903)
(5 458)
(6 042)
(6 296)
(6 587)
(6 677)
(6 629)
(6 783)
(7 163)
(7 196)
(7 701)
(8 125)
(9 052)
(9 278)
(9 892)
(10 670)
(11 608)
(11 934)
(12 218)
(12 321)
(12 866)
(12 787)
(12 993)
(13 274)
(13 863)
(14 500)
(15 404)
(16 314)
(17 239)
(17 624)
(18 004)
(18 455)
(19 218)
(18 131)
(17 107)
(16 071)
(15 389)
(16 483)
(17 954)
(18 899)
(19 718)
(19 259)
(19 060)
(19 407)
(20 292)
(20 442)
(21 248)
(21 842)
(22 852)
(21 419)
(20 106)
(18 981)
(18 885)
(18 422)
(19 151)
(20 036)
(21 426)
(22 610)
(24 127)
(25 185)
(26 927)
(26 853)
(28 216)
(29 378)
(30 930)
(30 298)
(30 034)
(30 421)
(32 013)
(31 981)
(32 704)
Gross Profit
615
N/A
597
-3%
495
-17%
616
+24%
647
+5%
656
+1%
567
-14%
664
+17%
677
+2%
684
+1%
646
-6%
718
+11%
841
+17%
975
+16%
999
+2%
1 091
+9%
1 182
+8%
1 335
+13%
1 374
+3%
1 568
+14%
1 697
+8%
1 798
+6%
1 841
+2%
2 147
+17%
2 160
+1%
2 210
+2%
1 909
-14%
2 316
+21%
2 478
+7%
2 594
+5%
2 326
-10%
2 968
+28%
3 203
+8%
3 409
+6%
3 152
-8%
3 447
+9%
3 469
+1%
3 514
+1%
3 357
-4%
3 423
+2%
3 392
-1%
3 353
-1%
3 491
+4%
3 832
+10%
4 197
+10%
4 464
+6%
4 588
+3%
4 566
0%
4 402
-4%
4 269
-3%
3 561
-17%
3 960
+11%
3 970
+0%
4 155
+5%
4 016
-3%
4 723
+18%
4 956
+5%
5 007
+1%
4 855
-3%
5 502
+13%
5 298
-4%
5 241
-1%
4 407
-16%
5 016
+14%
5 633
+12%
6 083
+8%
5 846
-4%
6 402
+10%
6 276
-2%
6 012
-4%
5 387
-10%
5 932
+10%
5 873
-1%
6 005
+2%
5 480
-9%
6 581
+20%
6 843
+4%
7 232
+6%
7 009
-3%
8 731
+25%
9 405
+8%
9 946
+6%
9 332
-6%
10 406
+11%
10 613
+2%
Operating Income
Operating Expenses
(411)
(418)
(334)
(437)
(455)
(466)
(375)
(495)
(514)
(535)
(601)
(735)
(939)
(1 183)
(1 247)
(1 430)
(1 557)
(1 622)
(1 544)
(1 610)
(1 594)
(1 623)
(1 586)
(1 933)
(2 009)
(2 050)
(1 749)
(2 143)
(2 219)
(2 345)
(2 015)
(2 561)
(2 661)
(2 747)
(2 338)
(2 606)
(2 698)
(2 725)
(2 641)
(2 857)
(2 885)
(2 947)
(2 993)
(3 257)
(3 446)
(3 596)
(3 603)
(3 468)
(3 252)
(2 999)
(2 339)
(2 910)
(3 118)
(3 344)
(3 056)
(3 627)
(3 604)
(3 600)
(3 379)
(4 077)
(4 154)
(4 227)
(3 591)
(4 101)
(4 047)
(4 037)
(3 566)
(4 207)
(4 325)
(4 448)
(3 942)
(4 842)
(5 048)
(5 275)
(4 609)
(5 606)
(5 807)
(6 015)
(5 475)
(6 714)
(7 050)
(7 393)
(6 661)
(7 974)
(8 270)
Selling, General & Administrative
(65)
(67)
(292)
(72)
(75)
(77)
(325)
(90)
(97)
(107)
(153)
(185)
(241)
(310)
(375)
(398)
(440)
(462)
(1 371)
(496)
(491)
(498)
(1 389)
(506)
(532)
(560)
(686)
(621)
(660)
(687)
(784)
(720)
(743)
(779)
(2 123)
(921)
(979)
(1 032)
(2 400)
(1 029)
(1 028)
(1 032)
(2 667)
(1 153)
(1 239)
(1 308)
(3 270)
(1 324)
(1 217)
(1 131)
(2 040)
(1 072)
(1 141)
(1 193)
(2 613)
(1 274)
(1 336)
(1 392)
(2 884)
(1 480)
(1 498)
(1 531)
(3 044)
(1 571)
(1 628)
(1 696)
(3 060)
(1 825)
(1 854)
(1 869)
(3 373)
(1 893)
(1 942)
(2 020)
(4 000)
(2 189)
(2 282)
(2 384)
(4 821)
(2 739)
(2 899)
(3 025)
(5 918)
(3 206)
(3 314)
Depreciation & Amortization
(42)
(41)
(40)
(41)
(44)
(46)
(48)
(52)
(55)
(59)
(68)
(78)
(92)
(105)
(106)
(121)
(134)
(148)
(172)
(179)
(186)
(193)
(196)
(198)
(198)
(197)
(199)
(204)
(207)
(209)
(212)
(213)
(212)
(218)
(220)
(224)
(231)
(242)
(250)
(275)
(299)
(316)
(340)
(342)
(345)
(344)
(345)
(320)
(296)
(275)
(249)
(278)
(308)
(340)
(377)
(398)
(418)
(437)
(445)
(465)
(483)
(497)
(500)
(495)
(476)
(460)
(461)
(471)
(491)
(507)
(521)
(529)
(537)
(550)
(560)
(573)
(585)
(598)
(607)
(628)
(652)
(674)
(694)
(716)
(744)
Other Operating Expenses
(304)
(310)
(1)
(325)
(337)
(343)
(1)
(354)
(362)
(370)
(380)
(473)
(606)
(768)
(767)
(912)
(984)
(1 012)
0
(935)
(916)
(931)
0
(1 230)
(1 279)
(1 294)
(863)
(1 318)
(1 352)
(1 448)
(1 018)
(1 628)
(1 706)
(1 750)
5
(1 462)
(1 488)
(1 451)
8
(1 553)
(1 558)
(1 598)
14
(1 762)
(1 863)
(1 945)
12
(1 823)
(1 739)
(1 594)
(50)
(1 560)
(1 669)
(1 811)
(66)
(1 954)
(1 850)
(1 772)
(50)
(2 132)
(2 174)
(2 198)
(47)
(2 036)
(1 943)
(1 880)
(44)
(1 911)
(1 981)
(2 072)
(48)
(2 421)
(2 570)
(2 706)
(48)
(2 844)
(2 940)
(3 033)
(47)
(3 347)
(3 500)
(3 694)
(49)
(4 052)
(4 212)
Operating Income
204
N/A
179
-12%
161
-10%
179
+11%
191
+7%
190
-1%
192
+1%
169
-12%
162
-4%
149
-8%
45
-70%
(17)
N/A
(97)
-462%
(208)
-114%
(248)
-19%
(339)
-37%
(375)
-10%
(286)
+24%
(170)
+41%
(42)
+75%
103
N/A
176
+72%
255
+45%
214
-16%
151
-29%
160
+6%
160
+0%
173
+8%
260
+50%
249
-4%
312
+25%
407
+30%
543
+33%
662
+22%
814
+23%
841
+3%
771
-8%
789
+2%
716
-9%
566
-21%
508
-10%
406
-20%
498
+23%
575
+15%
751
+31%
868
+16%
985
+13%
1 098
+11%
1 150
+5%
1 270
+10%
1 222
-4%
1 050
-14%
852
-19%
811
-5%
960
+18%
1 096
+14%
1 352
+23%
1 407
+4%
1 477
+5%
1 425
-4%
1 144
-20%
1 014
-11%
816
-20%
915
+12%
1 586
+73%
2 046
+29%
2 281
+11%
2 195
-4%
1 950
-11%
1 564
-20%
1 445
-8%
1 090
-25%
825
-24%
729
-12%
871
+19%
976
+12%
1 036
+6%
1 217
+17%
1 534
+26%
2 017
+31%
2 355
+17%
2 553
+8%
2 671
+5%
2 431
-9%
2 343
-4%
Pre-Tax Income
Interest Income Expense
(6)
(7)
0
(4)
(2)
(2)
6
(5)
(9)
(12)
(10)
(35)
(65)
(95)
232
(138)
(139)
(144)
(141)
(157)
(165)
(164)
(163)
(166)
(163)
(175)
(173)
(184)
(197)
(188)
(192)
(195)
(189)
(182)
(144)
(149)
(135)
(130)
(113)
(141)
(147)
(152)
(146)
(160)
(163)
(161)
(140)
(131)
(108)
(98)
1 996
2 050
2 027
2 002
(82)
(200)
(207)
(211)
(198)
(219)
(227)
(233)
(2 391)
(1 746)
(2 254)
(2 458)
(249)
(894)
(354)
(115)
(78)
(99)
(101)
(104)
(86)
(147)
(152)
(162)
(107)
(120)
(147)
(171)
(42)
(229)
(209)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(2)
(4)
(1)
2
4
5
0
0
(1)
0
0
0
0
0
(11)
0
0
(23)
(29)
0
0
(6)
(10)
(1)
(1)
(1)
(2)
0
0
(14)
(19)
0
0
0
(7)
(7)
(7)
(7)
(13)
(4)
(6)
(6)
(37)
(37)
(36)
(36)
(7)
(26)
(26)
(26)
(42)
(23)
(115)
(115)
(110)
(96)
0
0
(7)
(2)
(2)
(2)
(20)
0
0
0
(103)
(103)
(10)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23
0
0
0
2
0
0
0
(5)
0
0
0
(1)
0
0
0
(1)
0
0
0
(12)
0
0
0
1
0
0
0
6
0
0
0
2
0
0
0
0
0
0
0
(9)
0
0
0
(18)
0
0
0
(7)
0
0
0
18
0
0
0
31
0
0
0
23
0
0
0
27
0
0
0
33
0
0
Total Other Income
12
10
2
7
8
9
2
13
14
13
0
11
10
42
0
416
430
421
25
50
38
19
20
27
31
29
44
48
45
48
27
32
32
32
8
42
51
51
19
53
46
47
37
81
85
89
32
58
53
48
22
47
57
61
42
81
82
92
52
96
108
100
56
80
68
66
18
93
104
124
19
111
111
112
16
121
110
108
17
97
153
207
24
255
232
Pre-Tax Income
209
N/A
182
-13%
163
-10%
182
+12%
197
+9%
197
0%
200
+2%
177
-11%
168
-5%
151
-10%
35
-77%
(41)
N/A
(152)
-270%
(260)
-71%
7
N/A
(64)
N/A
(86)
-33%
(14)
+84%
(285)
-1 980%
(146)
+49%
(20)
+86%
35
N/A
106
+200%
75
-29%
18
-76%
13
-24%
29
+118%
37
+28%
108
+191%
110
+2%
134
+22%
244
+82%
386
+58%
489
+26%
636
+30%
734
+15%
687
-6%
705
+3%
612
-13%
477
-22%
406
-15%
299
-26%
393
+31%
496
+26%
674
+36%
783
+16%
860
+10%
1 024
+19%
1 094
+7%
1 220
+12%
3 233
+165%
3 140
-3%
2 929
-7%
2 868
-2%
898
-69%
973
+8%
1 221
+25%
1 283
+5%
1 275
-1%
1 265
-1%
989
-22%
845
-15%
(1 534)
N/A
(778)
+49%
(626)
+20%
(372)
+41%
2 025
N/A
1 370
-32%
1 586
+16%
1 457
-8%
1 307
-10%
1 006
-23%
834
-17%
737
-12%
817
+11%
947
+16%
991
+5%
1 161
+17%
1 451
+25%
1 993
+37%
2 361
+18%
2 589
+10%
2 582
0%
2 354
-9%
2 357
+0%
Net Income
Tax Provision
(81)
(72)
(61)
(64)
(65)
(63)
(64)
(58)
(59)
(53)
(26)
(16)
(14)
(17)
3
46
84
98
(66)
(108)
(138)
(162)
(50)
(46)
(50)
(29)
(18)
(17)
(23)
(31)
(42)
(63)
(85)
(108)
(137)
(169)
(168)
(173)
(159)
(121)
(100)
(74)
(109)
(158)
(231)
(282)
(306)
(334)
(310)
(321)
(324)
(287)
(249)
(249)
(271)
(319)
(431)
(457)
(447)
(463)
(290)
(232)
(194)
(178)
(409)
(520)
(535)
(538)
(453)
(376)
(342)
(271)
(236)
(210)
(238)
(273)
(282)
(321)
(385)
(511)
(617)
(683)
(700)
(650)
(629)
Income from Continuing Operations
129
110
102
118
133
134
136
119
109
97
9
(57)
(166)
(278)
9
(18)
(1)
85
(351)
(254)
(158)
(126)
56
29
(32)
(15)
11
20
85
78
92
182
301
380
500
566
519
533
453
356
306
225
284
338
442
501
554
690
785
900
2 909
2 853
2 680
2 618
627
654
791
826
828
803
699
613
(1 728)
(956)
(1 035)
(892)
1 491
833
1 133
1 081
965
735
598
527
580
674
708
840
1 065
1 482
1 745
1 906
1 883
1 704
1 728
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(8)
(17)
(23)
(18)
(12)
(5)
(3)
1
(3)
(10)
(17)
(14)
3
47
88
84
76
42
16
9
6
4
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
96
N/A
78
-19%
101
+30%
117
+16%
132
+13%
134
+1%
136
+2%
119
-13%
109
-8%
97
-11%
9
-91%
(75)
N/A
(186)
-146%
(301)
-62%
9
N/A
(14)
N/A
4
N/A
94
+2 077%
(357)
N/A
(260)
+27%
(165)
+37%
(133)
+19%
55
N/A
27
-50%
(33)
N/A
(17)
+50%
11
N/A
21
+86%
85
+314%
78
-8%
92
+17%
182
+98%
301
+66%
380
+26%
499
+31%
562
+13%
519
-8%
533
+3%
453
-15%
359
-21%
306
-15%
225
-26%
284
+26%
338
+19%
442
+31%
501
+13%
696
+39%
752
+8%
756
+0%
843
+12%
2 751
+226%
2 773
+1%
2 690
-3%
2 652
-1%
628
-76%
650
+4%
779
+20%
805
+3%
814
+1%
807
-1%
747
-7%
704
-6%
(1 603)
N/A
(839)
+48%
(953)
-14%
(835)
+12%
1 499
N/A
838
-44%
1 137
+36%
1 082
-5%
966
-11%
736
-24%
598
-19%
527
-12%
580
+10%
674
+16%
708
+5%
840
+19%
1 065
+27%
1 482
+39%
1 745
+18%
1 906
+9%
1 883
-1%
1 704
-9%
1 729
+1%
EPS (Diluted)
1.22
N/A
0.98
-20%
1.28
+31%
1.48
+16%
1.67
+13%
1.69
+1%
1.73
+2%
1.51
-13%
1.38
-9%
1.23
-11%
0.12
-90%
-1.03
N/A
-2.35
-128%
-3.54
-51%
0.12
N/A
-0.14
N/A
0.04
N/A
1.02
+2 450%
-3.93
N/A
-2.87
+27%
-1.81
+37%
-1.46
+19%
0.61
N/A
0.3
-51%
-0.37
N/A
-0.18
+51%
0.12
N/A
0.22
+83%
0.93
+323%
0.86
-8%
1.01
+17%
2
+98%
4.2
+110%
4.98
+19%
5.48
+10%
6.13
+12%
5.6
-9%
5.81
+4%
4.97
-14%
3.92
-21%
3.34
-15%
2.46
-26%
3.12
+27%
3.69
+18%
4.83
+31%
5.47
+13%
7.64
+40%
8.23
+8%
8.15
-1%
9.21
+13%
30.23
+228%
30.26
+0%
29.13
-4%
28.94
-1%
6.9
-76%
7.12
+3%
8.4
+18%
8.79
+5%
8.94
+2%
8.8
-2%
8.07
-8%
7.67
-5%
-17.61
N/A
-9.19
+48%
-10.27
-12%
-9.13
+11%
16.47
N/A
9.16
-44%
12.42
+36%
11.82
-5%
10.61
-10%
8.05
-24%
6.46
-20%
5.77
-11%
6.33
+10%
7.25
+15%
7.64
+5%
9.07
+19%
11.48
+27%
15.98
+39%
18.8
+18%
20.54
+9%
20.29
-1%
18.36
-10%
18.62
+1%

See Also

Summary
HERITGFOOD intrinsic value, competitors valuation, and company profile.
DCF Valuation
HERITGFOOD stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HERITGFOOD stock valuation using valuation multiples.
Wall Street Estimates
HERITGFOOD price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HERITGFOOD stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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