Heritage Foods Ltd

NSE: HERITGFOOD BSE: 519552

₹380.85

(0.55%)

Sun, 23 Aug 2026, 11:21 pm

Market Cap (in Cr)3531.82

PE Ratio26.20

Dividend0.66

Consumer Non-Durables

Food: Meat/Fish/Dairy

24.5K

Heritage Foods Analysis

Pros

Dividends per share have increased over the past 10 years.
Dividends after 3 years are expected to be well covered by earnings (6.5x coverage).
Heritage Foods's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

The company is paying a dividend however it is incurring a loss.
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Heritage Foods's dividend is below the markets top 25% of dividend payers in India (3.08%).

Pros

Cash flow for Heritage Foods is expected to increase by more than 50% in 2 years time.
Heritage Foods's earnings are expected to grow significantly at over 20% yearly.
Heritage Foods's earnings growth is expected to exceed the India market average.
Heritage Foods's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Heritage Foods is expected to become profitable in 1 year.
Heritage Foods is expected to become profitable in 2 years.
Performance (ROE) is expected to be above the current IN Food industry average.
An improvement in Heritage Foods's performance (ROE) is expected over the next 3 years.
Heritage Foods's revenue growth is expected to exceed the India market average.

Cons

Heritage Foods is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Heritage Foods's revenue is expected to increase but not above the 50% threshold in 2 years time.
Heritage Foods's revenue is expected to grow by 9.5% yearly, however this is not considered high growth (20% yearly).

Pros

Heritage Foods has been profitable on average in the past, therefore cash runway is not a concern.
Heritage Foods has been profitable on average in the past, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (45.2%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 1x debt.
Heritage Foods's cash and other short term assets cover its long term commitments.
The level of debt compared to net worth has been reduced over the past 5 years (81.4% vs 56% today).

Cons

Heritage Foods's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Heritage Foods is making a loss, therefore interest payments are not well covered by earnings.
Heritage Foods's level of debt (56%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

Pros

The tenure for the Heritage Foods board of directors is about average.
The average tenure for the Heritage Foods management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

Nara's remuneration is higher than average for companies of similar size in India.
Nara's compensation has increased whilst company is loss making.

Pros

Cons

Pros

Cons

Unable to compare Heritage Foods's 1-year earnings growth to the 5-year average as it is not currently profitable.
Heritage Foods does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
It is difficult to establish if Heritage Foods has efficiently used its assets last year compared to the IN Food industry average (Return on Assets) as it is loss-making.
It is difficult to establish if Heritage Foods improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
It is difficult to establish if Heritage Foods has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Unable to compare Heritage Foods's 1-year growth to the IN Food industry average as it is not currently profitable.

Pros

NSEI:HERITGFOOD is up 4.9% along with the Food industry (5%) over the past month.

Cons

Heritage Foods's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Heritage Foods's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Heritage Foods is overvalued based on assets compared to the IN Food industry average.
Heritage Foods is loss making, we can't compare its value to the IN Food industry average.
Heritage Foods is loss making, we can't compare the value of its earnings to the India market.
HERITGFOOD underperformed the Food industry which returned 18.8% over the past year.
HERITGFOOD underperformed the Market in India which returned -14.5% over the past year.
NSEI:HERITGFOOD is up 4.9% underperforming the market in India which returned 8% over the past month.