Heritage Foods Delivers ₹11.37 Billion in Q1 Revenue, Net Profit Surges to ₹405.7 Million on Dairy Strength

Heritage Foods Ltd has reported robust financial results for the June quarter of FY26, with consolidated revenue from operations reaching ₹11.37 billion and net profit climbing to ₹405.7 million. The performance reflects strong traction in value-added dairy products and disciplined cost management across its core segments.

Key Highlights:

Revenue from operations stood at ₹11.37 billion, driven by higher sales of curd, paneer, and flavored milk across Tier-II cities.

Net profit rose to ₹405.7 million, translating to a net margin of approximately 3.6 percent.

The company maintained a healthy operating profit margin of 7 percent, supported by backward integration in milk procurement and feed.

Strategic Context:

Heritage Foods continues to expand its renewable energy footprint, with captive solar and wind capacity reaching 10.39 MW.

The company’s feed business saw stable volumes, while dairy remained the primary growth engine, contributing over 90 percent of total revenue.

Promoter holding remains steady at 41.3 percent, with zero pledged shares, reflecting strong governance and shareholder confidence.

Market Outlook:

Heritage Foods has delivered a 3-year return of 67.06 percent, outperforming Nifty 50’s 55.09 percent over the same period.

Analysts maintain a median 12-month target price of ₹582.5, with expectations of continued growth in rural demand and premium dairy offerings.

The company announced a 50 percent final dividend on July 23, 2025, reinforcing its commitment to shareholder returns.

Sources: Screener.in, Economic Times, Heritage Foods Corporate Filings, Moneycontrol (July 2025)