Heritage Foods Management

Management criteria checks 3/4

Heritage Foods' CEO is Srideep Madhavan Kesavan, appointed in Jul 2021, has a tenure of 2.75 years. directly owns 0.005% of the company’s shares, worth ₹1.60M. The average tenure of the management team and the board of directors is 8.5 years and 8.1 years respectively.

Key information

Srideep Madhavan Kesavan

Chief executive officer

₹16.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	2.8yrs
CEO ownership	0.005%
Management average tenure	8.5yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO

Srideep Madhavan Kesavan (50 yo)

2.8yrs

Tenure

₹16,110,000

Compensation

Mr. Srideep Madhavan Nair Kesavan is Chief Executive Officer of Heritage Foods Limited from July 2021. Prior to joining Heritage Foods, Kesavan held leadership positions at Coca-Cola for 14 years & Olam In...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Srideep Madhavan Kesavan	Chief Executive Officer	2.8yrs	₹16.11m	0.0052% ₹ 1.6m
Nara Bhuvaneswari	Vice Chairperson & MD	29.3yrs	₹47.90m	24.37% ₹ 7.5b
M. Rao	President	6.2yrs	₹23.85m	0.10% ₹ 31.0m
A. Naidu	Chief Financial Officer	no data	₹9.02m	no data
Jangam Murthy	Chief Operating Officer	no data	₹8.80m	0.0014% ₹ 423.9k
Umakanta Barik	Nodal Officer	16.3yrs	₹4.25m	no data
Nara Brahmani	Executive Director	10.8yrs	₹38.32m	0.46% ₹ 143.7m
Sagi Rao	Senior Vice President	no data	₹4.52m	no data
Dheeraj Tandon	Head of HR & Senior GM	no data	no data	no data
Makarand Shastri	Vice President	no data	no data	0.0011% ₹ 349.7k
Cecil Cherian	Senior General Manager	no data	no data	0.00012% ₹ 37.1k
Nanduri Kiran	Senior General Manager	no data	no data	no data

8.5yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 519552's management team is seasoned and experienced (8.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nara Bhuvaneswari	Vice Chairperson & MD	29.3yrs	₹47.90m	24.37% ₹ 7.5b
Nara Brahmani	Executive Director	10.8yrs	₹38.32m	0.46% ₹ 143.7m
Vadlamudi Naidu	Non-Executive Director	31.8yrs	₹680.00k	no data
Rajesh Ahuja	Non-Executive Independent Director	8.1yrs	₹690.00k	no data
Aparna Surabhi	Non-Executive Independent Woman Director	5yrs	₹880.00k	no data
Muthu Raju Paravasa Raju Kumar	Non-Executive Independent Director	2.4yrs	₹790.00k	no data
Angara Venkata Kumar	Non Executive Independent Chairman	less than a year	no data	no data

8.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 519552's board of directors are considered experienced (8.1 years average tenure).

Heritage Foods Management

Management criteria checks 3/4

Key information

Recent management updates

Heritage Foods Limited Announces Board Changes

Heritage Foods Limited, Annual General Meeting, Aug 22, 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

Non-Executive Director recently sold ₹1.2m worth of stock

Recent updates

Now 21% undervalued after recent price drop

Heritage Foods Limited to Report Q3, 2024 Results on Jan 29, 2024

Investor sentiment improves as stock rises 23%

Now 20% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: ₹2.42 (vs ₹4.10 in 2Q 2023)

Heritage Foods Limited Announces Board Changes

Heritage Foods Limited to Report Q2, 2024 Results on Oct 18, 2023

Heritage Foods Limited Approves Final Dividend for the Financial Year Ended March 31, 2023

Heritage Foods Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹2.50 per share at 1.0% yield

Full year 2023 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 21%

Full year 2023 earnings released: EPS: ₹6.33 (vs ₹20.81 in FY 2022)

Heritage Foods Limited, Annual General Meeting, Aug 22, 2023

Heritage Foods Limited to Report Q4, 2023 Results on May 25, 2023

Investor sentiment improves as stock rises 19%

Price target decreased by 20% to ₹287

Heritage Foods Launches New Products: `Glucoshakti', an Energy Drink, and `Creamilicious Curd' a Rich and Creamy Premium Curd

Investor sentiment deteriorated over the past week

Heritage Foods Limited to Report Q3, 2023 Results on Jan 20, 2023

Insufficient new directors

Heritage Foods Limited to Report Q2, 2023 Results on Oct 18, 2022

Price target decreased to ₹360

Price target decreased to ₹426

Now 20% undervalued after recent price drop

Heritage Foods Limited to Report Q1, 2023 Results on Jul 29, 2022

Upcoming dividend of ₹2.50 per share

Now 23% undervalued after recent price drop

Full year 2022 earnings: EPS misses analyst expectations

Now 20% undervalued after recent price drop

Price target decreased to ₹439

Heritage Foods Limited Launches New Product

Insufficient new directors

Full year 2022 earnings: EPS misses analyst expectations

Heritage Foods Limited Recommends Dividend for the Financial Year Ended on March 31, 2022

Heritage Foods Limited to Report Q4, 2022 Results on May 27, 2022

Insufficient new directors

Price target decreased to ₹499

Investor sentiment deteriorated over the past week

Price target decreased to ₹529

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Now 23% undervalued after recent price drop

Non-Executive Director recently sold ₹1.2m worth of stock

Insider recently sold ₹4.7m worth of stock

Upcoming dividend of ₹2.50 per share

Second quarter 2022 earnings released: EPS ₹7.07 (vs ₹0.63 in 2Q 2021)

Insider recently sold ₹66m worth of stock

Heritage Foods Limited Introduces Shrikhand, Amrakhand and Malai Paneer

Price target increased to ₹420

Upcoming dividend of ₹5.00 per share

Full year 2021 earnings released: EPS ₹32.32 (vs ₹34.55 loss in FY 2020)

Investor sentiment improved over the past week

Heritage Foods Limited Announces New Product Launch

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹32.32 (vs ₹34.55 loss in FY 2020)

Heritage Foods Limited Recommends Dividend for the Year Ended March 31, 2021

New 90-day high: ₹335

Third quarter 2021 earnings released: EPS ₹5.68 (vs ₹3.15 in 3Q 2020)

Revenue and earnings miss expectations

Heritage Foods Limited to Report Q3, 2021 Results on Jan 29, 2021

New 90-day low: ₹292

First half earnings released

Second-quarter earnings released: Revenue misses expectations

Heritage Foods Limited to Report Q2, 2021 Results on Oct 28, 2020

Price target raised to ₹410

Upcoming Dividend of ₹2.50 Per Share

New 90-day high - ₹330

Full year earnings released - ₹34.55 loss per share

Heritage Foods Limited to Report Q1, 2021 Results on Jul 29, 2020