Heritage Foods Limited has informed the Exchange about Transcript
HERITGFOOD · price
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Heritage Foods reported strong FY25 results with full-year revenue of INR 4,134.6 crore (up 9% YoY) and Q4 revenue of INR 1,048.5 crore (up 10% YoY), marking four consecutive quarters above INR 1,000 crore. EBITDA grew 58% YoY to INR 331 crore with margin expanding 248 bps to 8%, while PAT jumped 77% YoY to INR 183.3 crore. Value-added products now contribute 32% of revenue, growing 20% in Q4, with paneer volumes up 50% YoY. The company has consolidated Novandie as a subsidiary (from JV) and expects to turn around its operations within one to two quarters. Management reiterated its ambition to reach INR 6,000 crore revenue by FY27, driven by VAP growth, premiumization, and capex-led automation, with continued margin expansion as the guiding direction. A one-time INR 8.7 crore Novandie impairment charge was taken in Q4.
Strong FY25 print, multi-year revenue ambition (INR 6,000 crores by FY27), and clear margin expansion drivers (VAP mix shift, premiumization, automation) are positive for shareholders. However, the CEO's reluctance to give specific margin or revenue guidance numbers may temper near-term analyst conviction.