Heritage Foods share price today

Heritage Foods Ltd's share price was ₹370.65 at the close on 4 November 2026. It has been rising for 5 weeks. That is 1.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹304 and ₹483, and at that close it sat 37% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Heritage Foods Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +182% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Foreign funds (FIIs) cut their stake for 8 quarters in a row

   From 8.3% to 1.7% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹1,320 crore, +18.6% on a year earlier.

   Why: Revenue rose because the company sold much more of its higher-priced products such as curd, lassi, buttermilk, ice cream and paneer.

   Next results: check whether the September and October price rises lift revenue enough to keep the streak going.

   From the earnings call on 16 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Heritage Foods reported revenue of ₹1,320 crore, up 18.6% from ₹1,113 crore a year earlier, and a profit of ₹31.0 crore, down 39.2% from ₹51.0 crore.

Heritage Foods results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Heritage Foods' management discussed these results on a call held on 16 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Heritage Foods closed at ₹370.65 on 4 November 2026, down 22.2% from ₹476.65 a year earlier (7 November 2025) and up 37.5% over five years. Its highest weekly close since March 2016 was ₹661.25 on 7 June 2024.

Heritage Foods share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Heritage Foods closed at ₹370.65, up 4.8% on the week and down 7.7% on the month. 16 Oct 2026: Heritage Foods held its results call for July to September 2026. Management guided: Own ice-cream revenue vision ₹500 crore in 6-7 years excluding Get-A-Way.

Earlier

• Results for July to September 2026: Revenue up 18.6% and profit down 39.2% on a year earlier.
• 15 Jul 2026: ex-date for a dividend of ₹2.50 a share.

Heritage Foods paid ₹2.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.67% at the ₹370.65 close on 4 November 2026. The last was a dividend of ₹2.50 a share, ex-date 15 July 2026.

Heritage Foods dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Heritage Foods Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 16 October 2026, Heritage Foods' management guided: Own ice-cream revenue vision ₹500 crore in 6-7 years excluding Get-A-Way.

“If procurement prices go up, we will again increase consumer prices. We do not have an option.”Srideep Kesavan, on the call for July to September 2026

What management guided

• Own ice-cream approaching ₹170-180 crore this year versus prior base.
• Q3 procurement on a year earlier pressure to persist near Q2 trend before flush improvement.
• Flush-led procurement cooling hoped post-Diwali in rain-fed regions.
• September hike spill plus higher October consumer prices to support Q3 realisation.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 16 October 2026.

When Heritage Foods reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Procurement cost through flush post-Diwali versus flagged Q2 level - check for cooling, stabilization or further rise.

Heritage Foods is on one of our India lists: Breakout stocks.

Heritage Foods Ltd earned ₹31.0 Cr of net profit in the Sep 2026 quarter, −39.2% on the same quarter a year earlier. Full-year FY26 profit was ₹150 Cr. Over 10 years profit has grown 10.6% a year on average. That is 2.3% of the quarter's revenue. The same quarter a year earlier earned ₹51.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹150 Cr (−20.2% on the year before).

Why profit moved: revenue changed +18.6% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −33.4% and revenue +13.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Heritage Foods Ltd reported ₹1,320 Cr of revenue in the Sep 2026 quarter, +18.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 6.6% a year on average. The last full year, FY26, came in at ₹4,526 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹4,935 Cr.

FY26 revenue was ₹4,526 Cr, +9.5% on the year before.

Recent pace: the last four quarters grew +13.8% on average, against 6.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +13.9%, against +11.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −33.5%, against −18.7% a year (rolling over).

Heritage Foods Ltd's operating margin was 6.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −14.0% and 11.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.3 percentage points on the year while gross margin changed −2.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 189% of Heritage Foods Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹237 Cr of operating cash against ₹150 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹479 Cr of spending on assets, free cash was −₹242 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 189% of profit came in as cash: the cash cycle got 17 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.7× depreciation over three years. The next section checks what that spending is building.

Heritage Foods Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 18 days in FY26, down from 35 days in FY21. It spent ₹784 Cr on assets over the last 3 years. Customers take 6 days to pay, and stock sits for 35 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹4,526 Cr, each day of that cycle ties up about ₹12.4 Cr, so roughly ₹223 Cr is tied up in the business at any time.

FY26: customers took 6 days to pay and stock sat for 35 days, about 1.2 months of sales sitting as stock, for a full cycle of 18 days, shorter than FY21's 35.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 35 days. Customers pay about 6 days after that. Suppliers are paid at 23 days. Together that makes the 18-day cycle.

Spending on assets: ₹784 Cr over the last 3 years, against ₹212 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹50.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Heritage Foods Ltd's P/E is 30.3×, near the high end of its own history: higher than 70% of past readings. Its usual P/E (the middle reading) is 24.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.