Heritage Foods Limited is a prominent Indian dairy company headquartered in Hyderabad, India, incorporated in 1992. It is the parent entity of the Hyderabad-based Heritage group and sells milk and dairy products under the "Heritage" brand. The company operates through multiple business segments, with dairy being its core focus.
The company's primary segments include:
- Dairy: Engaged in the manufacturing and marketing of a comprehensive range of milk and milk products.
- Renewable Energy: Produces power for captive consumption through its solar and wind power plants.
- Feed: Manufactures a wide variety of cattle and fish feeds.
Heritage Foods boasts an extensive product portfolio across various dairy categories:
- Milk Products: Toned milk, double-toned milk, A2 full cream milk, UHT milk, cow milk, full cream milk, and slim milk.
- Fat Products: Cow ghee, cooking butter, buffalo ghee, table butter, fresh cream, and Hi aroma ghee.
- Value-Added Products: Curd, butter milk, flavored milk, sweets, cheese, lassi, milk shakes, cold coffee, paneer, and whey drink.
- Ice Cream Products: Tubs, bars, kulfi, family packs, cones, cups, and juicy bars.
The company has a significant market presence in Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharashtra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand, and Uttar Pradesh. It operates through a robust distribution network comprising 6,223 distributors and 0.13 million retail outlets.
Heritage Foods operates with substantial scale:
- Milk Procurement: 1.3 million litres per day
- Chilling Capacity: 2.1 million litres per day
- Processing Capacity: 2.7 million litres per day
- Renewable Energy: Captive solar and wind power plants with an installed capacity of 11.70 megawatts.
Heritage Foods Ltd. is listed on the National Stock Exchange (NSE) under the symbol HERITGFOOD and the Bombay Stock Exchange (BSE) under the number 519552. The company went public in 1994 and was oversubscribed 54 times.
Heritage Foods has shown strong financial growth:
- Market Capitalization: ₹4,568 Crore (as of July 2025)
- Full Fiscal Year 2024-25 Performance:
- Annual Revenue: Rs 4,134.6 crore
- Net Profit: Rs 188.28 crore
- Profit Growth: 76.7% year-on-year
- Value-added Products Contribution: 28% of total revenue
- Chairman: AV Girija Kumar
- Managing Director: N Bhuvaneswari
- Promoter Holding: 41.3%
- There is no promoter pledging, indicating strong promoter confidence.
Heritage Foods demonstrated robust financial performance in Q3 FY'25, with quarterly turnover exceeding INR 10,000 million. This was largely driven by strong demand for value-added products, which now constitute 28% of total revenue. Excluding the bulk B2B segment, revenue growth has consistently remained above 10% each quarter, highlighting the strength of the company's core portfolio and market strategy, even amidst industry headwinds.
The company continues to strengthen its omni-channel presence, expanding its reach across traditional trade and the rapidly growing Q-commerce space. Notably, the brand retains its #1 position in both 'Top-of-Mind Awareness' and 'Loyalists' for curd and paneer in its core markets, according to the latest Brand Health Tracker.
Heritage Foods is focused on expanding its product portfolio and market reach while solidifying its leadership position in key dairy categories. With its strong operational capabilities, diversified product range, and robust distribution network, the company is well-positioned to capitalize on the growing demand for quality dairy products in India.
