Heritage Foods Limited
Quick Take
- • Trading at 28.7× trailing earnings (20.1× forward)
- • Moderate ROE at 12.2%
- • Low leverage (D/E 0.33)
- • Modest dividend yield of 0.62%
- • Operating margin 2.6% · Net margin 2.8%
- • Profit growth -37.80% YoY · Beta 0.35
About the company
From latest AR & concallHeritage Foods Limited procures and processes milk and milk products in India. The company operates through Dairy, Renewable Energy, and Feed segments. It offers milk, curd, butter milk, lassi, ice cream, frozen desserts, milkshakes, paneer, ghee, butter, cheese, fresh cream, cold coffee, cooking butter, milk powder, flavored milk, UHT milk, dairy whitener products, and other dairy drinkables and sweets; and operates and franchises Heritage Parlour outlets, as well as exports dairy products. The company also produces power through solar and wind power plants. In addition, it provides cattle feed, feed supplements, veterinary medicines, and fish feed. The company was incorporated in 1992 and is headquartered in Hyderabad, India.
