HF

Heritage Foods Ltd

Q1 FY27Food Products

Heritage Foods Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹415
Market cap₹3.9K Cr
P/E30.6
Updated23 Sept 2026
Read4 min read

What the Q1 FY27 call signalled

3 of 3 strong

RevenueGood growth
MarginMargins slightly up
CapexCapex planned

The short version

Heritage Foods aims for mid- to high-teens growth in value-added products (VAP), targeting around 20-25% growth in VAP volumes annually. Heritage Foods aims for high single-digit EBITDA margins (7%-8%) moving forward, improving from the current 4.6% (Page 20).

From Heritage Foods Ltd's Q1 FY27 earnings-call transcript · updated 23 Sept 2026.

Revenue & Sales Performance

Good growth
  • Heritage Foods aims for mid- to high-teens growth in value-added products (VAP), targeting around 20-25% growth in VAP volumes annually.
  • Milk growth is expected at about 7-8% per year.
  • The goal is to increase VAP contribution to roughly 50% of revenues by FY30, up from 39% last financial year.
  • Long-term sustained volume growth in VAP is driven by distribution expansion and consumer traction, with 80% of growth from new distribution points and 20% from increased market share.
  • They plan 3-4% yearly expansion in the value-added product portfolio.
  • Focus on growing milk procurement volume through adding farmers and expanding collection centers, targeting consistent volume growth aligned with the business.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Heritage Foods Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • For FY27, Heritage Foods Limited has planned a total capex of about INR 250 crores.
  • Two major ongoing projects include a paneer manufacturing facility and a ghee production facility.
  • Additional minor investments are being made to enhance raw milk procurement capabilities.
  • The company is focused on expanding its milk procurement network by adding farmers and improving village-level collection centers.

2 more points management made on capital expenditure plans

Top-ranked in Food Products

Ranked on what management guided this quarter

5x potential
1Milky Mist Dairy
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Heritage Foods Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided pages (Page 23 and surrounding content) from Heritage Foods Limited's document do not contain specific information about the current or expected order book or pending orders. The discussion mainly focuses on: - Milk procurement and pricing outlook amid inflationary conditions. - Growth and EBITDA margins for value-added products (VAP) and milk. - Capex plans for FY27 (around INR 250 crores).

2 more points management made on order book & pipeline

Heritage Foods Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net profit ₹24 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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  • Prataap Snacks Ltd (Q1 FY27)

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Frequently Asked Questions

What were Heritage Foods Ltd Q1 FY27 results?

Heritage Foods aims for mid- to high-teens growth in value-added products (VAP), targeting around 20-25% growth in VAP volumes annually. Heritage Foods aims for high single-digit EBITDA margins (7%-8%) moving forward, improving from the current 4.6% (Page 20).

What is Heritage Foods Ltd share price analysis?

Heritage Foods Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 30.6 with a market cap of ₹3,880 Cr. Investors should review the full earnings analysis for detailed insights.

Is Heritage Foods Ltd planning capital expenditure?

For FY27, Heritage Foods Limited has planned a total capex of about INR 250 crores.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.