Should I buy or sell Heritage Foods?

The average broker rating on Heritage Foods is Strong Buy. The breakup of analyst rating is given below - 0 analysts have given a strong sell rating 0 analysts have given a sell rating 0 analysts have given a hold rating 0 analysts have given a buy rating 3 analysts have given a strong buy rating

Is Heritage Foods a good stock to invest in?

Heritage Foods can be analyzed on the following key metrics - TTM P/E: 31.55 Sector P/E: 19.28 Dividend Yield: 0.87% D/E ratio: -

Home > Market > Market Stats > Heritage Foods

Heritage Foods Share Price

Sector: Fish/Livestock

147.40 +1.85 (1.27%)

Price Range

Today’s Low 143.9

Today’s High 148.7

52 Week Low 126.9

52 Week High 193.7

Key Metrics

Market Cap (In Cr) 1353.43
Beta 1.21
Div. Yield (%) 0.87
P/B 2.03
TTM P/E 31.55
Peg Ratio 0.51
Sector P/E 19.28
D/E -
Open Price 143.9
Prev Close 145.55

View All Metrics on Mint Genie

Heritage Foods Analysis

Price Analysis

1 Week

5.38%
3 Months

-18.12%
6 Month

-8.02%
YTD

-19.82%
1 Year

-15.47%

Risk Meter

35% Low risk
35% Moderate risk
35% Balanced Risk
35% High risk
35% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
3
3
3
3

Hold
0
0
0
1

Sell
0
0
0
0

Strong Sell
0
0
0
0

Total
3
3
3
4

Heritage Foods Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2022

Total Revenue
2681.28

Selling/ General/ Admin Expenses Total
337.27

Depreciation/ Amortization
52.07

Other Operating Expenses Total
4.82

Total Operating Expense
2547.9

Operating Income
133.38

Net Income Before Taxes
130.74

Net Income
96.57

Diluted Normalized EPS
11.19

Period
2021

Total Revenue
2473.11

Selling/ General/ Admin Expenses Total
306.02

Depreciation/ Amortization
46.09

Other Operating Expenses Total
4.37

Total Operating Expense
2249.36

Operating Income
223.75

Net Income Before Taxes
202.52

Net Income
149.95

Diluted Normalized EPS
16.59

Period
2020

Total Revenue
2725.9

Selling/ General/ Admin Expenses Total
304.38

Depreciation/ Amortization
49.96

Other Operating Expenses Total
4.73

Total Operating Expense
2645.23

Operating Income
80.67

Net Income Before Taxes
-153.38

Net Income
-160.31

Diluted Normalized EPS
-17.87

Period
2019

Total Revenue
2514.75

Selling/ General/ Admin Expenses Total
288.43

Depreciation/ Amortization
44.48

Other Operating Expenses Total
5.03

Total Operating Expense
2371

Operating Income
143.76

Net Income Before Taxes
127.52

Net Income
81.43

Diluted Normalized EPS
9.29

Period
2018

Total Revenue
2373.42

Selling/ General/ Admin Expenses Total
261.25

Depreciation/ Amortization
37.68

Other Operating Expenses Total
6.62

Total Operating Expense
2278.79

Operating Income
94.63

Net Income Before Taxes
89.8

Net Income
62.77

Diluted Normalized EPS
7.03

Period
2017

Total Revenue
1895

Selling/ General/ Admin Expenses Total
204.01

Depreciation/ Amortization
24.88

Other Operating Expenses Total
5.02

Total Operating Expense
1773.64

Operating Income
121.36

Net Income Before Taxes
323.3

Net Income
275.09

Diluted Normalized EPS
31.66

View detailed financials on Mint Genie

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Heritage Foods Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Venky'S India
1549.15
-51.85
-3.24
2465
1516
2182.34

Heritage Foods
147.4
1.85
1.27
193.7
126.9
1348.64

Apex Frozen Foods
194
-7.85
-3.89
365
193.75
606.25

SKM Egg Products Export India
131.75
-1.3
-0.98
222.4
51.95
346.9

Waterbase
60.95
-2.05
-3.25
99.1
60.89
252.5

Heritage Foods Shareholding

Category
Percentage
No. of shares

Public Shareholding
58.42%
54,214,747

NIRVANA HOLDINGS PRIVATE LIMITED
11.76%
10,913,107

KEDIA SECURITIES PRIVATE LIMITED
1.2%
1,113,433

Others
3.3%
3,058,893

DSP SMALL CAP FUND
5.24%
4,861,036

KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MULTICAP F
4.96%
4,607,189

UTI - REGULAR SAVINGS FUND
2.93%
2,714,660

ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C
1.37%
1,274,250

Others
1.25%
1,168,080

Others
14.55%
13,505,490

PARAMJIT MANN
1.22%
1,135,394

Others
4.98%
4,615,320

Others
1.77%
1,646,414

HUF
0.8%
745,410

Clearing Members
0.56%
515,748

Trusts
0%
2

Others
1.31%
1,214,915

Others
0.82%
757,501

Others
0.19%
178,378

Others
0.15%
136,079

Others
0.04%
41,208

FOREIGN PORTFOLIO INVESTORS
0.01%
12,030

Others
0%
210

Promoter & Promoter Group Shareholding
41.58%
38,581,253

NARA BHUVANESWARI
24.37%
22,611,525

NARA LOKESH
10.82%
10,037,453

N BRAHMANI
0.46%
430,952

N P RAMAKRISHNA
0.13%
116,971

DURGA RAMAKRISHNA N P
0.08%
71,590

NEELIMA N P
0.07%
64,950

DEVAANSH NARA
0.06%
56,075

RAMAKRISHNA NANDAMURI
0%
800

MEGABID FINANCE AND INVESTMENT PRIVATE LIMITED
5.59%
5,190,937

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

21-Feb-23
Others

20-Jan-23
Quarterly Results

13-Jan-23
Others

18-Oct-22
Quarterly Results

30-Sept-22
Rights issue of Equity Shares

29-Jul-22
Quarterly Results

27-May-22
Audited Results, Dividend & A.G.M.

21-Jan-22
Quarterly Results

21-Oct-21
Quarterly Results & Interim Dividend

28-Jul-21
Quarterly Results

Meeting Date
Announced on
Purpose

29-Jul-22
27-May-22
AGM

30-Apr-22
25-Mar-22
POM

30-Jul-21
19-May-21
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

27-May-22
-
21-Jul-22
2.5

12-Oct-21
02-Nov-21
01-Nov-21
2.5

19-May-21
-
22-Jul-21
5

Announced on
Record Date
Ex-Rights Date
Ratio
FV
Premium
Description

30-Sept-22
20-Jan-23
20-Jan-23
1:1
5
0
Rights issue of equity shares of Rs. 5/- in the ratio of 1:1 @ par.

Company Profile

ABOUT Heritage Foods

Industry Fish/Livestock
ISIN INE978A01027
BSE Code 519552
NSE Code HERITGFOOD

Heritage Foods Limited is a fast-moving consumer goods (FMCG) company. The Company operates through three segments, such as Dairy vertical, Renewable energy vertical and Feed vertical. The Dairy vertical segment is engaged in manufacturing and marketing a complete range of dairy products including fresh milk, curd, buttermilk, lassi, ice cream, paneer, table butter, milk powder, flavored milk, ultra-heat treatment (UHT) milk, Indian sweets and dairy whitener. The Renewable energy vertical segment produces power for captive consumption through its solar and wind power plants. The Feed vertical segment manufactures a variety of cattle and fish feeds. The Company’s product portfolio of ice-creams includes tubs, bars, kulfi, cones, cups, juicy bars and family packs. Its fat products include cow Ghee, buffalo ghee, hi aroma ghee, cooking butter, table butter and fresh cream. The Company has approximately 859 Heritage parlors and 65 Heritage distribution centers in 11 states across India.

MANAGEMENT

M. Sambasiva Rao President
Srideep Kesavan Chief Executive Officer
Nara Bhuvaneswari Executive Vice Chairperson of the Board, Managing Director
A. Prabhakara Naidu Chief Financial Officer
Jangam Samba Murthy Chief Operating Officer
Umakanta Barik Compliance Officer, Company Secretary
N. Brahmani Executive Director

HERITAGE FOODS SUMMARY

Heritage Foods is trading 1.27% upper at Rs 147.40 as compared to its last closing price. Heritage Foods has been trading in the price range of 148.7 & 143.9. Heritage Foods has given -19.82% in this year & 5.38% in the last 5 days.

Heritage Foods has TTM P/E ratio 31.55 as compared to the sector P/E of 19.28. There are 3 analysts who have initiated coverage on Heritage Foods. There are 3 analysts who have given it a strong buy rating & 0 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

The company posted a net profit of 13.72 Crores in its last quarter.

Listed peers of Heritage Foods include Venky'S India (-3.24%), Heritage Foods (1.27%), Apex Frozen Foods (-3.89%) etc.

Heritage Foods has a 41.58% promoter holding & 58.42% public holding.

FAQs about Heritage Foods

Heritage Foods is trading at 147.40 as on 24 Mar, 2023 3:29:31 PM. This is 1.27% upper as compared to its previous closing price of 145.55

The market capitalization of Heritage Foods is 1353.43 Cr as on 24 Mar, 2023 3:29:31 PM.

The average broker rating on Heritage Foods is Strong Buy. The breakup of analyst rating is given below -

0 analysts have given a strong sell rating
0 analysts have given a sell rating
0 analysts have given a hold rating
0 analysts have given a buy rating
3 analysts have given a strong buy rating

The 52 wk high for Heritage Foods is 193.7 whereas the 52 wk low is 126.9

Heritage Foods can be analyzed on the following key metrics -

TTM P/E: 31.55
Sector P/E: 19.28
Dividend Yield: 0.87%
D/E ratio: -

Heritage Foods reported a net profit of 96.57 Cr in 2022.

Heritage Foods Share Price

Price Range