Heritage Foods Ltd

Heritage Foods announced that upon completion of his second and final term, Rajesh Thakur Ahuja (DIN:00371406) has ceased to hold the position of Non-Executive Independent Director of Heritage Foods with effect from the close of business hours on 22 March 2026. Powered by Capital Market - Live

The facility is equipped with automated production systems and advanced quality control infrastructure to ensure consistent product quality and operational efficiency. The plant has an installed production capacity of around 24 million litres per annum, with provisions to scale up capacity in line with future demand. Heritage Foods said its ice cream business currently generates annual revenues of about Rs 100 crore. The new Shamirpet facility is expected to enhance the company's ability to scale operations up to five times over the next seven to eight years. The company added that the facility will support expansion of its value-added dairy portfolio, strengthen manufacturing capabilities, and improve distribution reach across South and Western India, amid rising demand for premium ice cream and packaged dairy products. N Bhuvaneswari, Vice-Chairperson & Managing Director from Heritage Foods, said: The commissioning of our Shamirpet ice cream manufacturing facility marks an important milestone in Heritage Foods' growth journey. As consumer demand for high-quality ice creams continues to expand, this facility will enable us to scale our operations, introduce innovative products, and strengthen our presence in key markets while maintaining the quality and trust associated with the Heritage brand. Heritage Foods is one of India's leading dairy companies. With operations spanning 14 states, the company offers a wide range of milk, curd, butter, paneer, and other value- added dairy products. The company reported 20% drop in consolidated net profit to Rs 346 crore in Q3 FY26 from Rs 431 crore in Q3 FY25. Revenue from operations increased to Rs 11,192 crore during the period under review, up 8% YoY. Shares of Heritage Foods slipped 4.20% to Rs 307.75 on the BSE. Powered by Capital Market - Live

Heritage Foods has received credit ratings from CRISIL as under: Total bank facilities rated - Rs 653.5 crore Long term rating - CRISIL AA-; Stable (upgraded from CRISIL A+/ Positive) Short term rating - CRISIL A1+ (reaffirmed) Powered by Capital Market - Live

Net profit of Heritage Foods declined 19.63% to Rs 34.60 crore in the quarter ended December 2025 as against Rs 43.05 crore during the previous quarter ended December 2024. Sales rose 8.24% to Rs 1119.16 crore in the quarter ended December 2025 as against Rs 1033.94 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1119.161033.94 8 OPM %5.626.98 - PBDT66.8076.58 -13 PBT46.3958.81 -21 NP34.6043.05 -20 Powered by Capital Market - Live

Revenue from operations increased to Rs 11,192 crore during the period under review, up 8% YoY. EBITDA declined by 15% to Rs 629 crore in Q3 FY26 from Rs 741 crore in Q3 FY25. EBITDA margin for Q3 FY26 was 5.6% as against 7.2% in Q3 FY25. Profit before tax stood at Rs 464 crore in Q3 FY26, down by 21% from Rs 588 crore recorded in Q3 FY25. Brahmani Nara ' Executive Director, said: 'Q3 FY26 was characterised by an exceptionally tight industry supply environment, marked by milk shortages, elevated procurement costs, and heightened competitive intensity. Despite these challenges, Heritage Foods delivered 8% topline growth, supported by strong execution, disciplined cost management, and sustained momentum in our value-added portfolio. While procurement volumes were impacted by supply-side constraints during the flush season, sequential stabilisation and improved mix underscore our focus on disciplined procurement in a volatile input cost environment. We remain focused on strengthening our core markets through sharper route-to-market execution, targeted brand investments, and new product interventions. Looking ahead, the commissioning of our ice cream and flavoured milk capacities in Q4 FY26 positions us well to capture incremental demand and support VAP-led growth.' Heritage Foods is one of India's leading dairy companies. With operations spanning 14 states, the company offers a wide range of milk, curd, butter, paneer, and other value- added dairy products. Powered by Capital Market - Live

Heritage Foods will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

Heritage Foods announced that Nara Brahmani, Executive Director of the Company, has been honoured as a winner at the Business Today - Most Powerful Women in Business (BT MPW) Awards 2025, themed 'Profit is Power.' The recognition was conferred at the 22nd edition of the Business Today MPW Awards ceremony, held on 12 December 2025, at the National Stock Exchange, Bandra Kurla Complex (BKC), Mumbai.Powered by Capital Market - Live

Net profit of Heritage Foods rose 4.87% to Rs 51.00 crore in the quarter ended September 2025 as against Rs 48.63 crore during the previous quarter ended September 2024. Sales rose 9.12% to Rs 1112.52 crore in the quarter ended September 2025 as against Rs 1019.52 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1112.521019.52 9 OPM %6.947.97 - PBDT78.5184.82 -7 PBT58.4067.47 -13 NP51.0048.63 5 Powered by Capital Market - Live

Heritage Foods will hold a meeting of the Board of Directors of the Company on 15 October 2025.Powered by Capital Market - Live

Heritage Foods has been declared the winner of the 'Golden Peacock Award for Excellence in Corporate Governance' for the year 2025 by the Institute of Directors (IOD). The Awards will be presented at a specially organized 'Golden Peacock Awards Presentation Ceremony & Banquet' on 04 November 2025 at London (UK) during IOD India's 2025 Annual London Global Convention on Corporate Governance & Sustainability. Powered by Capital Market - Live