Flash Finance

Heritage Foods LimitedHERITGFOODCorporate

Food - Processing - Indian Latest results: Sep 2026 15 quarters of data
Consolidated Standalone
₹405.40
MCap ₹3,762 Cr · P/E 11.9
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,273 Cr
Sales · Sep 2026
+16.8% YoY
₹71 Cr
Operating Profit · Sep 2026
-1.1% YoY
5.6%
OPM % · Sep 2026
-15.2% YoY
₹31 Cr
Net Profit · Sep 2026
-37.0% YoY
₹3.29
EPS · Sep 2026
-37.0% YoY

📝 Heritage Foods Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Heritage Foods Limited reported revenue of ₹1,273 crore for the quarter ended September 2026 (Q2 FY27), up 16.8% from ₹1,090 crore in the same quarter last year, and down 1.4% sequentially over the June 2026 quarter.

Net profit fell 37.0% year-on-year to ₹31 crore, from ₹48 crore. Earnings per share (EPS) came in at ₹3.29.

Operating profit stood at ₹71 crore — an operating margin (OPM) of 5.6%, compared with 6.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Heritage Foods Limited posted revenue of ₹4,415 crore, a growth of 8.2% over FY25, with a net profit of ₹347 crore (up 106.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹4,771 crore with a net profit of ₹316 crore.

Valuation snapshot

At the current price of ₹405.40, HERITGFOOD has a market capitalisation of ₹3,762 crore and a trailing P/E of about 11.9.

Within the Food - Processing - Indian industry, it is the 6th-largest of the 40 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 41.30%, foreign institutional investors (FIIs) 1.70%, domestic institutional investors (DIIs) 6.29%, public shareholders 50.70% of Heritage Foods Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹3,762 Cr
Current Price ?
₹405.4
P/E ?
11.90below ind
Industry P/E ?
24.80
P/B ?
3.43
P/S ?
0.79
P/FCF ?
-24.12
Enterprise Value ?
₹4,141 Cr
EV/EBITDA ?
17.49
PEG ?
0.41
Earnings Yield ?
3.5%
Dividend Yield ?
0.64%
Profitability & Returns
Sales (TTM) ?
₹4,771 Cr
OPM ?
5.0%
Profit after tax (TTM) ?
₹316 Cr
EPS (TTM) ?
₹34.08
ROCE ?
15.0%
ROE ?
28.9%
ROA ?
16.5%
Growth
Sales — latest qtr ?
₹1,273 Cr
PAT — latest qtr ?
₹31 Cr
YoY qtr sales growth ?
16.8%
YoY qtr profit growth ?
-37.0%
Sales growth (3y) ?
11%
Sales growth (5y) ?
13%
Profit growth (3y) ?
29%
Profit growth (5y) ?
-2%
Financial Health
Debt ?
₹379 Cr
Debt to Equity ?
0.35
Interest Coverage ?
10.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
41.30%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
22.4%
Return 6 months ?
12.7%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 8089139639239361,0201,0061,0201,0351,1191,0901,0911,1141,2921,273 +16.8% -1.4%
Operating Profit 403944496790796874687257505971 -1.1% +19.7%
Other Income 332346886558663 -34.0% -45.7%
Interest 231233444444587 +104.8% -8.7%
Depreciation 141414151516171717181919202526 +35.1% +3.8%
Profit Before Tax 272530363777665535516441303341 -35.0% +26.2%
Net Profit 1918232723584841213848302302531 -37.0% +23.2%
EPS 2.081.952.432.922.516.255.204.452.214.075.223.292.482.673.29 -37.0% +23.2%
OPM % 5.0% 4.2% 4.6% 5.3% 7.2% 8.9% 7.9% 6.7% 7.2% 6.0% 6.6% 5.2% 4.5% 4.6% 5.6% -15.2% +21.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹4,080 Cr ₹4,415 Cr ₹4,771 Cr +8.2%
Operating Profit ₹312 Cr ₹246 Cr ₹237 Cr -21.2%
OPM % 7.64% 5.56% 4.96% -27.2%
NPM % 4.12% 7.86% 6.63% +90.8%
Other Income ₹27 Cr ₹24 Cr ₹23 Cr -13.2%
Depreciation ₹67 Cr ₹76 Cr ₹90 Cr +13.9%
Interest ₹15 Cr ₹17 Cr ₹24 Cr +10.4%
EBIT ₹245 Cr ₹169 Cr ₹147 Cr -30.9%
PBT ₹233 Cr ₹186 Cr ₹146 Cr -20.4%
Tax ₹65 Cr ₹46 Cr ₹37 Cr -29.4%
Net Profit ₹168 Cr ₹347 Cr ₹316 Cr +106.5%
EPS ₹18.11 ₹15.06 ₹11.73 -16.8%
Material Cost ₹3,154 Cr ₹3,385 Cr ₹3,777 Cr +7.3%
Employee Cost ₹302 Cr ₹315 Cr ₹325 Cr +4.4%
Extraordinary Items ₹-23 Cr ₹10 Cr ₹0 Cr +140.9%

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 4646464646 +0.9%
Reserves 6907579011,0171,050 +3.2%
Borrowings 159127171360379 +5.3%
Other Liabilities 226329400445445 +0.0%
Total Liabilities 1,1211,2601,5181,8691,920 +2.7%
Fixed Assets 5816667061,0811,110 +2.7%
CWIP 20206847132 +181.0%
Investments 65172213224213 -5.0%
Other Assets 455402531516465 -9.9%
Total Assets 1,1211,2601,5181,8691,920 +2.7%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 239 —
Trade Receivables 73 —
Trade Payables 185 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -61375200225 +12.5%
Cash from Investing Activity -82-242-218-373 -71.1%
Cash from Financing Activity 127-713142 +4633.3%
Net Cash Flow -1662-15-5 +66.7%
Free Cash Flow -14025234-156 -558.8%
CFO/OP -28%207%84%108% +28.6%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 188 —
Cash from Investing Activity -164 —
Cash from Financing Activity -26 —
Net Cash Flow -2 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 3335 +66.7%
Inventory Days 54324232 -23.8%
Days Payable 11182119 -9.5%
Cash Conversion Cycle 46172518 -28.0%
Working Capital Days 13148 +100.0%
ROCE % 11%16%25%15% -40.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 41.30%41.30%41.30%41.30%41.30% +0.0%
FIIs 6.16%4.60%3.95%2.21%1.70% -23.1%
DIIs 4.14%4.31%4.88%6.21%6.29% +1.3%
Public 48.41%49.78%49.86%50.28%50.70% +0.8%
No. of Shareholders 1,32,5481,31,8041,27,4701,27,6711,18,993 -6.8%

⚖️ Peer comparison

Industry: Food - Processing - Indian · top 25 of 40 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MANORAMA Manorama Industries ₹1,932.20 12,197 43.7 1,472 264 27.0% 17.9% 76.1% 108.1% 39.5% 61.3%
2 KRBL KRBL ₹393.95 9,017 11.9 6,009 758 16.5% 12.6% 9.0% 36.2% -5.6% 73.2%
3 BECTORFOOD Mrs. Bectors ₹226.63 6,951 46.8 2,119 148 12.8% 7.0% 9.0% -1.9% 16.0% 25.0%
4 DODLA Dodla Dairy ₹1,063.60 6,416 26.2 4,316 246 6.7% 5.7% 10.9% 3.1% 19.0% -35.5%
5 VADILALIND Vadilal Industries ₹7,486.00 5,381 24.6 1,675 219 18.7% 13.1% 21.2% -4.0% 34.4% 145.3%
6 HERITGFOOD Heritage Foods ₹420.55 3,903 33.8 4,934 115 5.1% 2.3% 9.5% -20.1% 18.6% -39.5%
7 PARAGMILK Parag Milk ₹271.10 3,430 24.8 3,818 135 8.9% 3.5% 11.2% 14.0% 3.0% 23.0%
8 GOPAL Gopal Snacks ₹254.60 3,174 37.8 1,609 84 7.3% 5.2% 2.8% 304.4% 31.2% 328.2%
9 ADFFOODS ADF Foods ₹270.15 2,968 32.3 718 91 19.0% 12.7% 16.1% 28.2% 25.9% 13.4%
10 DIAMONDYD Prataap Snacks ₹1,102.20 2,638 — — — — — 18.3% 553.3% -5.1% 313.1%
11 TASTYBITE Tasty Bite ₹8,718.00 2,237 62.2 583 36 10.4% 6.2% -1.0% 37.9% 28.6% 7.9%
12 GRMOVER GRM Overseas ₹84.31 1,750 45.1 1,868 77 5.5% 4.1% 31.2% 22.9% 30.5% 10.2%
13 CLSEL Chaman Lal ₹298.25 1,483 11.8 1,478 125 11.6% 8.4% -3.7% 11.3% 12.6% 47.8%
14 KCK Kck Industries ₹214.00 1,361 n/m 29 0 0.1% 1.5% — — 3.2% -21.6%
15 AVTNPL AVT Natural ₹88.11 1,342 16.0 821 83 13.9% 10.1% 28.1% 32.9% 82.2% 156.7%
16 HMAAGRO HMA Agro ₹24.65 1,234 5.8 7,904 215 2.1% 2.7% 34.7% 88.4% 88.0% 8361.3%
17 SKMEGGPROD SKM Egg ₹209.79 1,106 9.9 777 112 21.0% 14.4% 54.3% 200.8% 4.9% 46.3%
18 KRISHIVAL Krishival Foods ₹419.00 1,074 40.7 332 23 10.0% 7.0% 44.7% 64.0% 79.6% 27.3%
19 MUKKA Mukka Proteins ₹27.00 810 11.0 1,768 74 8.4% 4.2% 44.0% 21.3% 186.7% 1072.7%
20 SCPL Sheetal Cool ₹653.90 687 33.1 386 21 11.6% 5.4% 33.3% 34.3% 19.0% 9.6%
21 EIFFL Euro India ₹270.10 670 123.9 157 5 10.5% 3.4% 5.8% -11.1% 15.7% 124.2%
22 TBI TBI Corn ₹314.85 572 31.1 304 18 11.3% 5.9% — — 41.5% 33.3%
23 SARVESHWAR Sarveshwar Foods ₹3.74 461 39.8 671 11 3.3% 1.6% 19.5% 18.6% 4.2% 7.7%
24 FOODSIN Foods & Inns ₹51.98 382 15.9 789 24 12.1% 3.0% -13.5% -35.9% -33.3% -46.0%
25 MEGASTAR Megastar Foods ₹286.00 323 32.5 558 10 6.4% 1.8% 49.7% 153.2% 23.5% 41.4%
❓ Frequently asked questions
What was Heritage Foods Limited's revenue in Q2 FY27?
Heritage Foods Limited reported revenue of ₹1,273 crore for the quarter ended September 2026 (Q2 FY27), up 16.8% from ₹1,090 crore in the same quarter last year, and down 1.4% sequentially over the June 2026 quarter.
What was Heritage Foods Limited's net profit in Q2 FY27?
Net profit fell 37.0% year-on-year to ₹31 crore, from ₹48 crore. Earnings per share (EPS) came in at ₹3.29.
What is HERITGFOOD's market capitalisation and P/E ratio?
At the current price of ₹405.40, HERITGFOOD has a market capitalisation of ₹3,762 crore and a trailing P/E of about 11.9.
Who owns Heritage Foods Limited? (shareholding pattern)
As of Sep 2026, promoters held 41.30%, foreign institutional investors (FIIs) 1.70%, domestic institutional investors (DIIs) 6.29%, public shareholders 50.70% of Heritage Foods Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI