Heritage Foods Future Growth

Future criteria checks 4/6

Heritage Foods is forecast to grow earnings and revenue by 36% and 11.3% per annum respectively. EPS is expected to grow by 36.1% per annum. Return on equity is forecast to be 18.5% in 3 years.

Key information

36.0%

Earnings growth rate

36.1%

EPS growth rate

Food earnings growth	19.7%
Revenue growth rate	11.3%
Future return on equity	18.5%
Analyst coverage	Low
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

Heritage Foods Limited (NSE:HERITGFOOD) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Dec 27

Is Heritage Foods (NSE:HERITGFOOD) A Risky Investment?

Dec 22

Heritage Foods (NSE:HERITGFOOD) Might Have The Makings Of A Multi-Bagger

Sep 13

Is There An Opportunity With Heritage Foods Limited's (NSE:HERITGFOOD) 42% Undervaluation?

Apr 06

Tread With Caution Around Heritage Foods Limited's (NSE:HERITGFOOD) 0.8% Dividend Yield

Apr 14

Why Heritage Foods Limited (NSE:HERITGFOOD) Could Be Worth Watching

Mar 24

Calculating The Intrinsic Value Of Heritage Foods Limited (NSE:HERITGFOOD)

Mar 06

What Type Of Returns Would Heritage Foods'(NSE:HERITGFOOD) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Feb 16

Heritage Foods Limited (NSE:HERITGFOOD) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Feb 01

What Type Of Shareholders Make Up Heritage Foods Limited's (NSE:HERITGFOOD) Share Registry?

Jan 24

What Can We Make Of Heritage Foods' (NSE:HERITGFOOD) CEO Compensation?

Jan 09

Heritage Foods (NSE:HERITGFOOD) Has A Pretty Healthy Balance Sheet

Dec 25

Does Heritage Foods Limited (NSE:HERITGFOOD) Have A Place In Your Dividend Stock Portfolio?

Dec 10

Is It Time To Consider Buying Heritage Foods Limited (NSE:HERITGFOOD)?

Nov 24

Earnings and Revenue Growth Forecasts

NSEI:HERITGFOOD - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	52,284	N/A	N/A	N/A	1
3/31/2026	48,140	1,918	1,521	N/A	4
3/31/2025	42,199	1,417	988	N/A	4
3/31/2024	37,733	1,010	2,070	N/A	4
12/31/2023	36,609	840	N/A	N/A	N/A
9/30/2023	35,058	708	-380	590	N/A
6/30/2023	33,434	674	N/A	N/A	N/A
3/31/2023	32,407	580	-1,439	-605	N/A
12/31/2022	31,190	525	N/A	N/A	N/A
9/30/2022	30,000	598	609	1,128	N/A
6/30/2022	28,541	735	N/A	N/A	N/A
3/31/2022	26,813	966	1,014	1,479	N/A
12/31/2021	26,047	1,075	N/A	N/A	N/A
9/30/2021	25,426	1,129	N/A	N/A	N/A
6/30/2021	24,824	845	N/A	N/A	N/A
3/31/2021	24,731	1,499	813	1,739	N/A
12/31/2020	25,064	-835	N/A	N/A	N/A
9/30/2020	25,739	-953	395	1,349	N/A
6/30/2020	26,435	-839	N/A	N/A	N/A
3/31/2020	27,259	-1,603	47	1,167	N/A
12/31/2019	27,083	704	N/A	N/A	N/A
9/30/2019	26,546	747	-74	1,061	N/A
6/30/2019	25,944	807	N/A	N/A	N/A
3/31/2019	25,148	814	209	1,480	N/A
12/31/2018	24,414	805	N/A	N/A	N/A
9/30/2018	24,015	779	N/A	N/A	N/A
6/30/2018	23,982	650	N/A	N/A	N/A
3/31/2018	23,731	628	-230	1,212	N/A
12/31/2017	23,368	756	N/A	N/A	N/A
9/30/2017	22,138	642	N/A	N/A	N/A
6/30/2017	20,572	736	N/A	N/A	N/A
3/31/2017	18,565	2,752	N/A	1,147	N/A
12/31/2016	24,301	686	N/A	N/A	N/A
9/30/2016	24,916	616	N/A	N/A	N/A
6/30/2016	24,371	612	N/A	N/A	N/A
3/31/2016	17,718	737	N/A	1,249	N/A
12/31/2015	22,919	501	N/A	N/A	N/A
9/30/2015	22,201	442	N/A	N/A	N/A
6/30/2015	21,457	338	N/A	N/A	N/A
3/31/2015	20,730	284	N/A	516	N/A
12/31/2014	19,670	222	N/A	N/A	N/A
9/30/2014	18,778	302	N/A	N/A	N/A
6/30/2014	17,645	359	N/A	N/A	N/A
3/31/2014	17,223	453	N/A	747	N/A
12/31/2013	16,773	513	N/A	N/A	N/A
9/30/2013	16,457	522	N/A	N/A	N/A
6/30/2013	16,254	566	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HERITGFOOD's forecast earnings growth (36% per year) is above the savings rate (6.7%).

Earnings vs Market: HERITGFOOD's earnings (36% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: HERITGFOOD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HERITGFOOD's revenue (11.3% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: HERITGFOOD's revenue (11.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HERITGFOOD's Return on Equity is forecast to be low in 3 years time (18.5%).

Heritage Foods Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 11%, revenue upgraded

Consensus EPS estimates fall by 48%

Price target decreased by 20% to ₹287

Consensus forecasts updated

Price target decreased to ₹360

Recent updates

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 11%

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

Heritage Foods Limited (NSE:HERITGFOOD) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Investor sentiment improves as stock rises 23%

Is Heritage Foods (NSE:HERITGFOOD) A Risky Investment?

Consensus EPS estimates fall by 11%, revenue upgraded

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 (NSE:HERITGFOOD) Might Have The Makings Of A Multi-Bagger

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 18%

Is There An Opportunity With Heritage Foods Limited's (NSE:HERITGFOOD) 42% Undervaluation?

Consensus EPS estimates fall by 48%

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

Consensus forecasts updated

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

Investor sentiment improved over the past week

Price target decreased to ₹360

Consensus forecasts updated

Price target decreased to ₹426

First quarter 2023 earnings released: EPS: ₹1.57 (vs ₹6.54 in 1Q 2022)

Now 20% undervalued after recent price drop

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

Heritage Foods' (NSE:HERITGFOOD) Dividend Is Being Reduced To ₹2.50

Upcoming dividend of ₹2.50 per share

Now 23% undervalued after recent price drop

Full year 2022 earnings: EPS misses analyst expectations

Heritage Foods (NSE:HERITGFOOD) Is Reducing Its Dividend To ₹2.50

Now 20% undervalued after recent price drop

Price target decreased to ₹439

Heritage Foods Limited Launches New Product

Insufficient new directors

Heritage Foods' (NSE:HERITGFOOD) Dividend Will Be Reduced To ₹2.50

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

Is Heritage Foods (NSE:HERITGFOOD) Using Too Much Debt?

Consensus EPS estimates fall by 13%

Price target decreased to ₹529

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Is Heritage Foods Limited (NSE:HERITGFOOD) Trading At A 23% Discount?

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

Insider recently sold ₹4.7m worth of stock

What Does Heritage Foods Limited's (NSE:HERITGFOOD) Share Price Indicate?

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