Heritage Foods Limited — PPTs, 17-07-2025: Investor Presentation

Here's a summary of the attached investor presentation:

**1. Financial Highlights:**

Heritage Foods reported Q1 FY26 consolidated revenue of **₹1,136.8 Cr**, up 10% YoY, a quarterly high. Profitability declined, with PAT at **₹40.6 Cr** (down 31% YoY) and EBITDA at **₹73.9 Cr** (down 21% YoY). This was largely due to unseasonal weather impacting Value-Added Products (VAP) demand. However, June saw a healthy recovery, driving 6% QoQ PAT growth.

**2. Strategic Initiatives & Growth Drivers:**

The greenfield ice cream project is advancing. New 'Heritage Livo' products (Badam Milk, High Protein Yogurt) expand healthy dairy offerings. Strategy focuses on boosting VAP share for margin expansion and leveraging technology (DMS, VET+ app) for efficiency and farmer engagement.

**3. Business Developments:**

Heritage increased its stake in Heritage Novandie Foods Private Limited to 94.4%, integrating its yogurt supply chain. Its wholly-owned subsidiary, Heritage Nutrivet (livestock feed), further strengthens farmer relationships and milk yield.

**4. Market Position & Competitive Advantage:**

The company boasts a robust distribution network and deep ties with over 300,000 farmers, ensuring fresh milk supply. As a top brand in Southern metros, Heritage is well-positioned to capitalize on growth in India's expanding organized dairy sector.

**5. Investor Implications:**

Despite Q1 weather-related profitability challenges, strong revenue growth and strategic focus on high-margin VAP, combined with robust operations, suggest positive growth potential. The established market position should support sustained expansion.