Heritage Foods Ltd
Heritage Foods Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Heritage aims for strong volume growth of 10-11% and revenue growth in the mid-teens (around 15%) to achieve operating leverage and margin expansion. EBITDA margin targeted range: 7% to 9%, with current standing slightly below but expected to improve through operational efforts and price adjustments.
From Heritage Foods Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Heritage aims for strong volume growth of 10-11% and revenue growth in the mid-teens (around 15%) to achieve operating leverage and margin expansion.
- Value-added products are targeted to grow at 20-22%, with core products like curd expected to grow around 14-15%, and smaller products like ice cream and drinkables around 30%.
- Ice cream plant commissioning expected by March 2026, with peak capacity utilized over 2-3 years; current strong growth with 21% YoY in Q4.
- Flavored milk plant also to be commissioned, targeting INR100 crore revenue in 4-5 years.
- Long-term goal for ice cream revenue is INR500-600 crore over 6-7 years, indicating 4-5x growth from current levels.
2 more points from Heritage Foods Ltd's call on revenue
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Profitability & Margins
See what Heritage Foods Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Hyderabad ice cream plant progressing as planned; trial production underway with commercial commissioning expected in the current quarter (around February-March 2026).
- Ice cream plant has potential to deliver INR 500-600 crores in revenue over 6-7 years.
- Flavored milk plant expected to be commissioned in the current quarter, targeting INR 100+ crores revenue in 4-5 years.
- Capital investments focused on maintaining high utilization (around 90%) of value-added product plants such as curd and paneer.
- Paneer segment showing strong growth (~30% this quarter), with additional capex planned, expected to commission in second or third quarter of next financial year.
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Top-ranked in Food Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
2 more points from Heritage Foods Ltd's call on order book
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Heritage Foods Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.2K Cr, net profit ₹24 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Heritage Foods's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
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Frequently Asked Questions
What were Heritage Foods Ltd Q3 FY26 results?
Heritage aims for strong volume growth of 10-11% and revenue growth in the mid-teens (around 15%) to achieve operating leverage and margin expansion. EBITDA margin targeted range: 7% to 9%, with current standing slightly below but expected to improve through operational efforts and price adjustments.
What is Heritage Foods Ltd share price analysis?
Heritage Foods Ltd currently shows a neutral. The stock trades at a P/E of 24.7 with a market cap of ₹3,136 Cr. Investors should review the full earnings analysis for detailed insights.
Is Heritage Foods Ltd planning capital expenditure?
Hyderabad ice cream plant progressing as planned; trial production underway with commercial commissioning expected in the current quarter (around February-March 2026).
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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.