NSEI:HERITGFOOD

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Executive Summary

Heritage Foods Limited procures and processes milk and milk products in India. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Heritage Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HERITGFOOD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.5%

HERITGFOOD

-0.8%

IN Food

1.4%

IN Market


1 Year Return

-3.1%

HERITGFOOD

12.3%

IN Food

2.2%

IN Market

Return vs Industry: HERITGFOOD underperformed the Indian Food industry which returned 12.6% over the past year.

Return vs Market: HERITGFOOD underperformed the Indian Market which returned 2.8% over the past year.


Shareholder returns

HERITGFOODIndustryMarket
7 Day0.5%-0.8%1.4%
30 Day-5.3%-1.6%5.6%
90 Day3.1%-0.8%8.5%
1 Year-2.4%-3.1%13.8%12.3%4.0%2.2%
3 Year-59.7%-60.4%36.2%32.0%-0.5%-5.3%
5 Year30.0%26.8%130.7%119.4%41.6%31.1%

Price Volatility Vs. Market

How volatile is Heritage Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Heritage Foods undervalued compared to its fair value and its price relative to the market?

3.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HERITGFOOD (₹302.75) is trading above our estimate of fair value (₹125.36)

Significantly Below Fair Value: HERITGFOOD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HERITGFOOD is unprofitable, so we can't compare its PE Ratio to the IN Food industry average.

PE vs Market: HERITGFOOD is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HERITGFOOD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HERITGFOOD is overvalued based on its PB Ratio (3.1x) compared to the IN Food industry average (1.2x).


Next Steps

Future Growth

How is Heritage Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

66.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HERITGFOOD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).

Earnings vs Market: HERITGFOOD is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HERITGFOOD's is expected to become profitable in the next 3 years.

Revenue vs Market: HERITGFOOD's revenue (7.9% per year) is forecast to grow slower than the Indian market (11.4% per year).

High Growth Revenue: HERITGFOOD's revenue (7.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HERITGFOOD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Heritage Foods performed over the past 5 years?

-20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HERITGFOOD is currently unprofitable.

Growing Profit Margin: HERITGFOOD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HERITGFOOD is unprofitable, and losses have increased over the past 5 years at a rate of 20.3% per year.

Accelerating Growth: Unable to compare HERITGFOOD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HERITGFOOD is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (21.3%).


Return on Equity

High ROE: HERITGFOOD has a negative Return on Equity (-19.81%), as it is currently unprofitable.


Next Steps

Financial Health

How is Heritage Foods's financial position?


Financial Position Analysis

Short Term Liabilities: HERITGFOOD's short term assets (₹2.7B) do not cover its short term liabilities (₹3.2B).

Long Term Liabilities: HERITGFOOD's short term assets (₹2.7B) exceed its long term liabilities (₹2.1B).


Debt to Equity History and Analysis

Debt Level: HERITGFOOD's debt to equity ratio (55%) is considered high.

Reducing Debt: HERITGFOOD's debt to equity ratio has reduced from 73.1% to 55% over the past 5 years.

Debt Coverage: HERITGFOOD's debt is well covered by operating cash flow (45.9%).

Interest Coverage: HERITGFOOD is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Heritage Foods's current dividend yield, its reliability and sustainability?

0.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HERITGFOOD's dividend (0.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: HERITGFOOD's dividend (0.83%) is low compared to the top 25% of dividend payers in the Indian market (2.28%).


Stability and Growth of Payments

Stable Dividend: HERITGFOOD's dividend payments have been volatile in the past 10 years.

Growing Dividend: HERITGFOOD's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: HERITGFOOD is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average management tenure


CEO

Nara Bhuvaneswari (58 yo)

15.25yrs

Tenure

₹39,934,000

Compensation

Mrs. Nara Bhuvaneswari, BA is a Promoter of Heritage Foods Ltd. and has been its Managing Director and Vice Chairman since July 15, 2005. Mrs. Bhuvaneswari provides guidance and monitors the overall workfl ...


CEO Compensation Analysis

Compensation vs Market: Nara's total compensation ($USD540.95K) is above average for companies of similar size in the Indian market ($USD316.55K).

Compensation vs Earnings: Nara's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Nara Bhuvaneswari
Vice Chairperson & MD15.25yrs₹39.93m22.98%
₹ 3.2b
M. Rao
President2.67yrs₹21.92m0.19%
₹ 26.3m
A. Naidu
Chief Financial Officerno data₹5.66mno data
Umakanta Barik
Compliance Officer & Company Secretary12.75yrs₹2.81mno data
Jangam Murthy
Senior VP & Head of Dairy Division6.17yrs₹5.14m0.0013%
₹ 181.2k
Nara Brahmani
Executive Director7.33yrs₹31.95m0.44%
₹ 61.5m
Dheeraj Tandon
Head of HR & GMno datano data0.000090%
₹ 12.6k
Kotta Raja Babu
IT Head & GMno datano datano data

9.5yrs

Average Tenure

56yo

Average Age

Experienced Management: HERITGFOOD's management team is seasoned and experienced (9.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nara Bhuvaneswari
Vice Chairperson & MD15.25yrs₹39.93m22.98%
₹ 3.2b
Nara Brahmani
Executive Director7.33yrs₹31.95m0.44%
₹ 61.5m
Vadlamudi Naidu
Non-Executive Director28.33yrs₹420.00k0.22%
₹ 30.3m
Nandyala Sri Raju
Non-Executive Independent Director7yrs₹470.00kno data
Rajesh Ahuja
Non-Executive Independent Director4.58yrs₹420.00kno data
Aparna Surabhi
Non-Executive Independent Woman Director1.5yrs₹350.00kno data

7.2yrs

Average Tenure

50.5yo

Average Age

Experienced Board: HERITGFOOD's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Heritage Foods Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Heritage Foods Limited
  • Ticker: HERITGFOOD
  • Exchange: NSEI
  • Founded: 1992
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹14.047b
  • Shares outstanding: 46.40m
  • Website: https://www.heritagefoods.in

Location

  • Heritage Foods Limited
  • #6-3-541/C Panjagutta
  • Hyderabad
  • 500082
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
519552BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 1996
HERITGFOODNSEI (National Stock Exchange of India)YesEquity SharesININRNov 1996

Biography

Heritage Foods Limited procures and processes milk and milk products in India. The company’s Dairy division produces and markets dairy products, including fresh milk, curd, butter milk, lassi, ice cream, p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 12:36
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.