Heritage Foods Ltd
HERITGFOODHeritage Foods Ltd
HERITGFOOD
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 30.88 | 3.01 | 1.06% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 50.04 | 9.97 | 1.46% |
Forecast & Ratings
Detailed Forecastfrom 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Heritage Foods Limited, formerly Heritage Foods (India) Ltd., is a fast-moving consumer goods (FMCG) company. The Company's segments are Dairy, Retail, Agri, Bakery and Renewable Energy.
Investor Presentation
View olderPeers
Compare with peersNestle India Ltd
Britannia Industries Ltd
Adani Wilmar Ltd
Hatsun Agro Product Ltd
Bikaji Foods International Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,080.15 | 2,387.13 | 2,145.10 | 2,776.19 | 2,654.87 | 3,029.26 | 2,481.14 | 2,692.55 | 3,252.71 | 3,516.79 | ||||||||||
Raw Materials | 1,679.56 | 1,906.75 | 1,403.68 | 1,891.43 | 1,860.82 | 2,238.31 | 1,798.89 | 1,988.32 | 2,674.96 | 3,351.71 | ||||||||||
| Power & Fuel Cost | 36.38 | 41.01 | 26.97 | 29.36 | 32.19 | 37.83 | 35.55 | 36.78 | 49.97 | |||||||||||
| Employee Cost | 110.72 | 139.99 | 99.79 | 124.18 | 141.83 | 156.39 | 177.89 | 184.29 | 211.49 | |||||||||||
| Selling & Administrative Expenses | 135.62 | 162.35 | 91.87 | 123.44 | 131.26 | 131.93 | 110.51 | 132.47 | 167.52 | |||||||||||
| Operating & Other expenses | 27.00 | -0.48 | 138.21 | 460.29 | 293.86 | 544.60 | 89.69 | 162.57 | 5.15 | |||||||||||
EBITDA | 90.87 | 137.51 | 384.58 | 147.49 | 194.91 | -79.80 | 268.61 | 188.12 | 143.62 | 165.08 | ||||||||||
| Depreciation/Amortization | 33.99 | 34.51 | 24.97 | 37.83 | 44.66 | 50.13 | 46.23 | 52.18 | 56.15 | 58.50 | ||||||||||
| PBIT | 56.88 | 103.00 | 359.61 | 109.66 | 150.25 | -129.93 | 222.38 | 135.94 | 87.47 | 106.58 | ||||||||||
| Interest & Other Items | 17.58 | 17.03 | 49.44 | 19.80 | 22.98 | 24.13 | 20.62 | 5.64 | 5.74 | 7.54 | ||||||||||
| PBT | 39.30 | 85.97 | 310.17 | 89.86 | 127.27 | -154.06 | 201.76 | 130.30 | 81.73 | 99.04 | ||||||||||
| Taxes & Other Items | 10.93 | 30.55 | 35.08 | 27.09 | 45.84 | 6.25 | 51.82 | 33.74 | 23.76 | 28.26 | ||||||||||
| Net Income | 28.37 | 55.42 | 275.09 | 62.77 | 81.43 | -160.31 | 149.94 | 96.56 | 57.97 | 70.78 | ||||||||||
| EPS | 3.10 | 6.06 | 30.07 | 6.86 | 8.90 | -17.52 | 16.39 | 10.55 | 6.29 | 7.63 | ||||||||||
| DPS | 0.76 | 0.76 | 1.01 | 1.01 | 1.01 | 1.27 | 2.54 | 2.54 | 2.50 | 2.50 | ||||||||||
| Payout ratio | 0.25 | 0.13 | 0.03 | 0.15 | 0.11 | — | 0.15 | 0.24 | 0.40 | 0.33 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Consumer StaplesFMCG - Foods
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Heritage Foods Ltd | 37.71 | 3.01 | 1.06% |
| Nestle India Ltd | 100.73 | 97.92 | 0.88% |
| Britannia Industries Ltd | 52.04 | 33.90 | 1.44% |
| Adani Wilmar Ltd | 88.32 | 6.30 | — |
Price Comparison
Compare HERITGFOOD with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 2.01%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Feb 2023
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.30%
Top 5 Mutual Funds holding Heritage Foods Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.9860% | Percentage of the fund’s portfolio invested in the stock 0.92% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/78 (-4) |
KOTAK MULTICAP FUND - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.1428% | Percentage of the fund’s portfolio invested in the stock 1.08% | Change in the portfolio weight of the stock over the last 3 months -0.27% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 57/75 (-40) |
Kotak Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4023% | Percentage of the fund’s portfolio invested in the stock 0.23% | Change in the portfolio weight of the stock over the last 3 months -0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 38/83 (-3) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
HERITGFOOD has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 1.05%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.47 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹2.50
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateJul 21, 2022
Dividend/Share
₹2.50
Ex DateEx Date
Jul 21, 2022
Cash Dividend
Ex DateEx DateNov 1, 2021
Dividend/Share
₹2.50
Ex DateEx Date
Nov 1, 2021
Cash Dividend
Ex DateEx DateJul 22, 2021
Dividend/Share
₹5.00
Ex DateEx Date
Jul 22, 2021
Cash Dividend
Ex DateEx DateAug 19, 2020
Dividend/Share
₹2.50
Ex DateEx Date
Aug 19, 2020
News & Opinions
Heritage Foods shares surge on Q1 performance
4 months ago•The Hindu Businessline
Heritage Foods Consolidated June 2023 Net Sales at Rs 923.68 crore, up 12.52% Y-o-Y
4 months ago•Moneycontrol
Procurement prices likely to soften in the next 5-6 months: Heritage Foods CEO Srideep Kesavan
7 months ago•The Hindu Businessline
Food Conclave 2023: Patanjali Foods, TS Oil Fed to invest ₹2,100-cr to set up palm oil processing units
7 months ago•The Hindu Businessline
Heritage Foods shares: Vijay Kedia raises stake in dairy player after 8 quarters
7 months ago•Business Today
Heritage Foods introduces beverages, ice-cream range
8 months ago•The Hindu
Heritage Foods gears up for summer with new drink launches
8 months ago•The Hindu Businessline
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 3.22%, vs industry avg of 11.89%
Decreasing Market Share
Over the last 5 years, market share decreased from 3.47% to 3.02%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -1.58%, vs industry avg of 13.54%