HERITGFOODBSEHERITAGE FOODS LTDHighNeutral
Announced Thu, 16 Jul · 16:24 IST

Heritage Foods Q1 FY27: revenue up 16%, PAT up 7%; announces two acquisitions

HERITGFOOD · price

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₹337.00
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AI summary

Heritage Foods posted Q1 FY27 results. Standalone revenue from operations grew about 16% YoY to Rs 1,291.75 crore; PAT rose 7.5% to Rs 24.77 crore; EPS at Rs 2.67. Consolidated revenue rose 17.7% to Rs 1,338.09 crore but PAT fell about 38% to Rs 24.97 crore, with no exceptional items this quarter. Board approved acquiring additional 20% in Peanutbutter and Jelly Ltd for Rs 7.20 crore (stake rising from 51% to 71%) and the remaining 5.60% in Heritage Novandie Foods Ltd, making it a wholly owned subsidiary. Auditor issued an unqualified review report.

Likely market impact

Steady standalone growth but consolidated profit dip. Acquisitions strengthen presence in healthy desserts and yogurt, supporting long-term diversification.