Heritage Foods Limited — Investor Meet, 14-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Heritage Foods reported Q4 FY26 revenue of INR 1,157.6 Cr (up 10% YoY) and FY26 revenue of INR 4,526 Cr. Q4 EBITDA was INR 52.2 Cr (4.5% margin) and PAT INR 23 Cr (2.1% margin), pressured by high procurement inflation. Value-added products (VAP) revenue grew 18% YoY, contributing 35.5% to total revenue. Management noted resilient performance despite tight milk supply and rising costs. New ice cream and flavored milk facilities are operational, with further CAPEX planned for VAP. The company aims for 50% VAP contribution in 4-5 years and higher median EBITDA. Management is cautiously optimistic for FY27, focusing on VAP, efficiencies, and farmer relationships.