Heritage Foods Ltd
HERITGFOODHeritage Foods Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: Domestic institutions moved +2.5 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced.
The price is in a downtrend (34 weeks in) while the P/E sits at the 71st percentile of its own 11-year range. Underneath, the last four quarters read deteriorating — profit −39.0% year on year, and 189% of the last 3 years' profit arrived as cash. What settles it: whether the register turns back in the story’s favour.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Heritage Foods Ltd trades at ₹417, in a downtrend and 34 weeks into that stage. That is +12.8% against its own 200-day average. It sits at 63% of a 52-week range of ₹304 to ₹483. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks.
Today the stock is in a downtrend — week 34 of stage 4, confirmed. At ₹417 it trades +12.8% versus its 200-day average and sits at 63% of its 52-week range (₹304–₹483).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +218% while the NIFTY 500 moved +267% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 6 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Heritage Foods Ltd trades at 30.5× P/E, at the pricey end of its own range (71st percentile). Its long-run median P/E is 24.2×, measured across 10.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 30.5× is at the pricey end of its own range (71st percentile), against a long-run median of 24.2× measured over 10.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −20.3% against a −14.3% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +13.1%/yr price move, ~+8.7%/yr came from earnings growth and ~+4.4 pp from the multiple (expanding); over 10y, of the +8.0%/yr price move, ~+7.3%/yr came from earnings growth and ~+0.7 pp from the multiple (roughly flat). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, Heritage Foods Ltd was paying for profit growth of about 11.2% a year. Profit itself has compounded 10.6% a year over the past 10 years. Today the market pays 30.5× P/E, the 71st percentile of its own 11-year range.
What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is close to what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Heritage Foods Ltd reads as deteriorating on its fundamental arc. Deteriorating — profit and EPS growth are shrinking (profit growth −21.1% latest against +145.1% at its 12-quarter best), ROCE slipping at 15.2%. The read is built from 12 quarters across 4 curves, on full evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +9.5% | +11.8% | +12.8% | +6.6% |
| Profit | −20.2% | +37.3% | +0.3% | +10.6% |
| EPS | −20.3% | +37.3% | +0.0% | +10.5% |
| Share price | −14.3% | +15.4% | +13.1% | +8.0% |
4-Factor Sector Score
41.2/100 — rank 7 of 8 in FMCG - Dairy Products · 100% evidence confidence
Heritage Foods Ltd scores 41.2 out of 100 against the 8 companies it is compared with in FMCG - Dairy Products, ranking 7. Price leads the evidence: RS versus the benchmark is 8.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
The four contributions add to the total exactly: 6.9 + 9.4 + 11.1 + 13.8 = 41.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Heritage Foods Ltd reported ₹1,338 Cr of revenue in the Jun 26 quarter, +17.7% year on year. That is the 12th straight quarter of year-on-year growth. Over 10 years it has compounded at 6.6% a year. The last full year, FY26, came in at ₹4,526 Cr. The last four reported quarters add to ₹4,728 Cr.
FY26 revenue came in at ₹4,526 Cr (+9.5% on the year), capping 10 years at 6.6% compound. The latest quarter (Jun 26) printed ₹1,338 Cr, +17.7% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +11.4% growth against the decade's 6.6% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +11.5% over the last 4 quarters against +10.0%/yr over the last 8 — stabilising; TTM profit −21.1% vs −4.2%/yr — rolling over.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Heritage Foods Ltd's operating margin is 4.6% in the Jun 26 quarter, −1.4 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −14.0% to 11.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 4.6%, −1.4 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −14.0%–11.0%.
🚨 Why the margin moved: operating margin went −1.8 pp year on year while gross margin went −2.6 pp — the loss came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Heritage Foods Ltd earned ₹25.0 Cr of net profit in the Jun 26 quarter, −39.0% year on year. Full-year FY26 profit was ₹150 Cr. The 10-year compound rate is 10.6%. That is 1.9% of the quarter's revenue. The same quarter a year earlier earned ₹41.0 Cr.
Jun 26 profit was ₹25.0 Cr, −39.0% year on year. On the full year, FY26 printed ₹150 Cr (−20.2%), and the 10-year compound rate is 10.6%.
🚨 Why profit moved: revenue contributed +17.7% and the margin −1.4 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit −22.6% vs revenue +11.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 189% of Heritage Foods Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹237 Cr of operating cash against ₹150 Cr of profit. After ₹479 Cr of capital spending, ₹−242 Cr was left as free cash.
FY26: operating cash of ₹237 Cr against reported profit of ₹150 Cr, leaving free cash of ₹−242 Cr after ₹479 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 189% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 189%: the cash cycle tightened 17 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: the bigger cash user is investment — capital spending ran 3.7× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Heritage Foods Ltd's cash conversion cycle runs 18 days in FY26, down from 35 days in FY21. Capital spending ran ₹784 Cr over the last 3 years. At FY26 sales of ₹4,526 Cr each day of that cycle holds about ₹12.4 Cr, so roughly ₹223 Cr sits inside the business at any moment.
FY26: debtors at 6 days, inventory at 35 days — roughly 1.2 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 18 days, tighter than FY21's 35.
The full loop: cash goes out to suppliers and production on day 0; stock waits 35 days to sell; customers pay about 6 days after that; and suppliers themselves are paid at 23 days — netting out to the 18-day cycle.
In money terms: at FY26 sales of ₹4,526 Cr, each day of the cycle holds about ₹12.4 Cr — so the 18-day loop keeps roughly ₹223 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹784 Cr over the last 3 fiscal years against ₹212 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹50.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Heritage Foods Ltd earns a ROCE of 15% in FY26. That is up from a trough of −14% in FY20. Return on invested capital clears the cost of that capital by −1.4 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 3.3% net margin on 2.32× asset turns.
FY26 ROCE is 15%, recovered from a FY20 trough of −14% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 3.3% net margin × 2.32× asset turns × 1.77× balance-sheet leverage ≈ 13.6% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 10.6% − 12.0% = a −1.4 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Heritage Foods Ltd carries total debt of ₹361 Cr against shareholder equity of ₹1,108 Cr as of Jun 26, a debt-to-equity of 0.33. On the annual view that ratio went from 0.03 in FY22 to 0.33 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Jun 26: total debt of ₹361 Cr against shareholder equity of ₹1,108 Cr — a debt-to-equity of 0.33. On the annual view, debt-to-equity went from 0.03 (FY22) to 0.33 (FY26). Read the returns on this page with that leverage in mind.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 2.5 points of Heritage Foods Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 6.4% of the company. Foreign institutions moved −1.4 points over the same window, to 2.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +2.5 points over 8 quarters to 6.4%; Foreign institutions: −1.4 points over 8 quarters to 2.0%; Promoters: +0.0 points over 8 quarters to 41.3%.
Why the register moved: domestic institutions drove it (+2.5 points), absorbed on the other side by foreign institutions (−1.4 points) — steady accumulation by institutions reading the same numbers this page reads.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Heritage Foods Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Vadilal Enterprises LtdVADILENT | 63.0/100Mixed-positive evidence69% evidence | 26.0/35 Revenue 25% · PAT 100% · OPM change -1 pp 95% evidence | 14.8/25 ROCE 24.8% · OPM 5% 76% evidence | 9.5/20 P/E 65.5× · PEG — 15% evidence | 12.7/20 RS sector 1.7% · RS bench 4.4% · 1Y -0.5%2 of 12 weeks ahead 70% evidence | |
| Exact sum: 26 + 14.8 + 9.5 + 12.7 = 63 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Hatsun Agro Product LtdHATSUN | 62.8/100Mixed-positive evidence100% evidence | BREAKING OUT | 17.7/35 Revenue 17.5% · PAT 23.6% · OPM change -4 pp 100% evidence | 12.7/25 ROCE 15.2% · OPM 11% 100% evidence | 12.9/20 P/E 74.6× · PEG 1.49 100% evidence | 19.5/20 RS sector 12.1% · RS bench 29.2% · 1Y 34.1%3 of 12 weeks ahead 100% evidence |
| Exact sum: 17.7 + 12.7 + 12.9 + 19.5 = 62.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Vadilal Industries LtdVADILALIND | 55.7/100Mixed-positive evidence94% evidence | BREAKING OUT | 23.5/35 Revenue 30.7% · PAT 56.4% · OPM change 4 pp 100% evidence | 16.6/25 ROCE 22% · OPM 24% 100% evidence | 4.3/20 P/E 22.8× · PEG 3.52 100% evidence | 11.3/20 RS sector -5.4% · RS bench 29.6% · 1Y 33.2%10 of 10 weeks ahead 70% evidence |
| Exact sum: 23.5 + 16.6 + 4.3 + 11.3 = 55.7 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 4Nestle India LtdNESTLEIND | 55.3/100Mixed-positive evidence93% evidence | TURNING | 25.9/35 Revenue 19.3% · PAT 22.7% · OPM change 3 pp 100% evidence | 20.6/25 ROCE 85.3% · OPM 24% 100% evidence | 4.0/20 P/E 72× · PEG 7.31 65% evidence | 4.8/20 RS sector -8.9% · RS bench 5.3% · 1Y 14.5%4 of 12 weeks ahead 100% evidence |
| Exact sum: 25.9 + 20.6 + 4 + 4.8 = 55.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -8.9% and the one-year return is 14.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 5Parag Milk Foods LtdPARAGMILK | 47.6/100Mixed-negative evidence94% evidence | TURNING | 12.9/35 Revenue 10.9% · PAT 9.2% · OPM change 0 pp 100% evidence | 10.4/25 ROCE 13.5% · OPM 7% 100% evidence | 16.4/20 P/E 25× · PEG 0.64 100% evidence | 7.9/20 RS sector -9.6% · RS bench 9.1% · 1Y 7.2%2 of 10 weeks ahead 70% evidence |
| Exact sum: 12.9 + 10.4 + 16.4 + 7.9 = 47.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 6Dodla Dairy LtdDODLA | 47.4/100Mixed-negative evidence94% evidence | TURNING | 16.8/35 Revenue 13.1% · PAT -4.7% · OPM change -3 pp 100% evidence | 12.8/25 ROCE 16.7% · OPM 5% 100% evidence | 11.7/20 P/E 26.6× · PEG 1.75 100% evidence | 6.1/20 RS sector -6.3% · RS bench -4.1% · 1Y -25.4%0 of 10 weeks ahead 70% evidence |
| Exact sum: 16.8 + 12.8 + 11.7 + 6.1 = 47.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Heritage Foods Ltdthis pageHERITGFOOD | 41.2/100Mixed-negative evidence100% evidence | BREAKING OUT | 6.9/35 Revenue 11.5% · PAT -21.1% · OPM change -1.4 pp 100% evidence | 9.4/25 ROCE 14.8% · OPM 4.6% 100% evidence | 11.1/20 P/E 30.5× · PEG 1.33 100% evidence | 13.8/20 RS sector -5.3% · RS bench 8.8% · 1Y -11.5%4 of 12 weeks ahead 100% evidence |
| Exact sum: 6.9 + 9.4 + 11.1 + 13.8 = 41.2 · Decision use: Price leads the evidence: RS versus the benchmark is 8.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 8Kwality LtdKWALITY | 35.6/100Thin evidence · provisional38% evidence | 17.2/35 Revenue -27.3% · PAT -80% · OPM change 11.8 pp 27% evidence | 5.4/25 ROCE -190% · OPM -2.3% 57% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.0/20 RS sector -32.2% · RS bench -39.6% · 1Y —2 of 11 weeks ahead to 2021-02-24 70% evidence | |
| Exact sum: 17.2 + 5.4 + 10 + 3 = 35.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Heritage Foods Ltd's share price today?
Heritage Foods Ltd trades at ₹417, −14.3% over the past year. The company is valued at ₹3,873 Cr. The stock sits at 63% of its 52-week range of ₹304–₹483, +12.8% versus its 200-day average. On the tape, the price is in a downtrend, 34 weeks in. — as of 11 September 2026.
What were Heritage Foods Ltd's latest quarterly results?
Heritage Foods Ltd reported revenue of ₹1,338 Cr and net profit of ₹25.0 Cr for the Jun 26 quarter. Revenue rose 17.7% and profit fell 39.0% year on year. Earnings per share were ₹2.69. The operating margin was 4.6%, 1.4 pp lower than a year earlier. — as of 11 September 2026.
What is Heritage Foods Ltd's revenue?
Heritage Foods Ltd reported revenue of ₹1,338 Cr in the Jun 26 quarter, +17.7% year on year. For the full FY26 fiscal year, revenue was ₹4,526 Cr (+9.5%). Over the last 10 years revenue compounded at 6.6% a year. — as of 11 September 2026.
What is Heritage Foods Ltd's profit?
Heritage Foods Ltd earned ₹25.0 Cr of net profit in the Jun 26 quarter, −39.0% year on year. Full-year FY26 profit was ₹150 Cr. The operating margin ran 4.6% in the latest quarter. — as of 11 September 2026.
What is Heritage Foods Ltd's market cap?
Heritage Foods Ltd's market capitalisation is ₹3,873 Cr at a share price of ₹417. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Heritage Foods Ltd's P/E ratio?
Heritage Foods Ltd trades at a P/E of 30.5×, at the 71st percentile of its own 11-year range, against a long-run median of 24.2×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does Heritage Foods Ltd pay a dividend?
Yes — Heritage Foods Ltd's dividend payout was 15% of profit in FY26, and it recorded a payout in 12 of its last 13 reported fiscal years. One of those years shows a negative ratio because profit itself was negative. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is Heritage Foods Ltd overvalued?
On its own history, Heritage Foods Ltd looks expensive: its P/E of 30.5× sits at the 71st percentile of its 11-year range (long-run median 24.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Heritage Foods Ltd growing?
Not right now — Heritage Foods Ltd's latest numbers are shrinking: latest-quarter revenue +17.7% year on year, profit −39.0%, and the margin −1.4 pp at 4.6%. The 10-year compound rates are 6.6% (revenue) and 10.6% (profit). The earnings engine currently reads: deteriorating — as of 11 September 2026.
How is Heritage Foods Ltd performing?
Heritage Foods Ltd is in a downtrend, 34 weeks in. Its latest quarter's revenue rose 17.7% and profit fell 39.0% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is Heritage Foods Ltd in?
Deteriorating — profit and EPS growth are shrinking (profit growth −21.1% latest against +145.1% at its 12-quarter best), ROCE slipping at 15.2%. The read comes from the last 12 quarters of growth (revenue growth +11.5% latest, profit growth −21.1% latest, eps growth −21.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is Heritage Foods Ltd in an uptrend?
No — the price is in a downtrend (week 34 of stage 4), trading +12.8% versus its 200-day average and at 63% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is Heritage Foods Ltd beating the market?
On recent form, yes — Heritage Foods Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +218% against the NIFTY 500's +267% — behind the index over the full window. — as of 11 September 2026.
Will Heritage Foods Ltd's share price go up?
This page publishes no price forecast for Heritage Foods Ltd. What it measures instead: the share price is ₹417, the price is in a downtrend 34 weeks in. Its P/E of 30.5× sits at the 71st percentile of its own 11-year range. — as of 11 September 2026.
Who owns Heritage Foods Ltd?
Promoters hold 41.3% of Heritage Foods Ltd, foreign institutions 2.0%, domestic institutions 6.4% and the public 50.3% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 2.5 points over 8 quarters. — as of 11 September 2026.
Does Heritage Foods Ltd have too much debt?
It is moderate — Heritage Foods Ltd's debt-to-equity is 0.33, and operating profit covers the interest bill 15×. FY26 borrowings were ₹361 Cr against equity of ₹1,103 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.
What is Heritage Foods Ltd's capex?
Heritage Foods Ltd spent ₹784 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹479 Cr, with ₹50.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is Heritage Foods Ltd's cash flow?
Heritage Foods Ltd generated ₹237 Cr of operating cash flow in FY26 and ₹−242 Cr of free cash flow after ₹479 Cr of capital spending. Reported profit that year was ₹150 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Heritage Foods Ltd's profit real cash?
Yes — over the last 3 fiscal years, 189% of Heritage Foods Ltd's reported profit arrived as operating cash. Though the latest year ran at 158% — the trend is the thing to watch. In FY26, operating cash was ₹237 Cr against reported profit of ₹150 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 11 September 2026.
Where is Heritage Foods Ltd in its business cycle?
Heritage Foods Ltd's FY26 operating margin was 6.0%, against a 13-year band of −14.0%–11.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 4.6%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Heritage Foods Ltd's price assume?
At its price on 13 June 2026, Heritage Foods Ltd was priced for profit growth of about 11.2% a year. Profit itself has compounded 10.6% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the Heritage Foods Ltd story?
The sharpest disagreement: Domestic institutions moved +2.5 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is Heritage Foods Ltd a stock worth studying right now?
This is not investment advice. The machine read: Heritage Foods Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!