Heritage Foods Limited has informed the Exchange regarding a press release dated March 13, 2026, titled "Press release regarding the inauguration of the new Ice Cream Manufacturing Facility at Shamirpet, near Hyderabad, Telangana.".
HERITGFOOD · price
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Heritage Foods has inaugurated a new greenfield ice cream manufacturing plant at Shamirpet, near Hyderabad, with an installed capacity of about 24 million litres per annum. The company's ice cream business currently generates around ₹100 crore in annual revenues, and the new facility could support scaling this segment up to five times over the next 7-8 years. The plant features automated production and quality control systems, aimed at serving growing demand in South and Western India. This move is part of Heritage's strategy to expand its high-margin value-added dairy portfolio. The company is positioning itself to benefit from rising premiumisation and packaged dairy consumption in India.
Positive for long-term growth as the facility expands a high-margin segment with strong demand tailwinds, but near-term impact on earnings may be limited as the plant ramps up. Investors should watch for capacity utilization and revenue contribution from the ice cream category in coming quarters.