Heritage Foods Ltd (BOM:519552)

Q2 2026 Heritage Foods Ltd Earnings Call Transcript

Oct 16, 2025 / 05:00 AM GMT

Release Date Price: ₹491.9 (+1.25%)

Transcript

Key Points

Positve

Heritage Foods Ltd (BOM:519552) reported a consolidated revenue of ₹11,125 million, marking a 9% year-on-year increase, with strong consumer traction across key categories.
The company's value-added products portfolio saw an 18% year-on-year growth, contributing nearly 38% of total sales, driven by categories like curd, paneer, drinkables, and ice cream.
Heritage Nutrient Limited, a wholly-owned subsidiary, delivered a strong quarter with a revenue increase of 34% year-on-year, enhancing cost efficiency at the dairy level.
The company is on track to commission a new Greenfield Ice Cream facility by the end of the financial year, expected to enhance manufacturing efficiency and logistics costs.
Heritage Foods Ltd (BOM:519552) has been recognized as the best workplace in FMCG 2025 by the Great Place to Work Institute, reflecting its strong organizational culture.

Negative

EBITDA margins were lower by 122 basis points year-on-year, primarily due to a 6.3% increase in milk procurement costs versus a 4.5% rise in realizations.
The company faced challenges due to an extended and intensive monsoon, impacting milk procurement and causing a temporary mismatch in pricing actions.
Milk procurement averaged 16.1 L per day, down marginally by 2% year-on-year, with higher procurement costs affecting supply.
Operational expenses, including employee and marketing costs, have been growing at a mid-teens rate, impacting overall profitability.
The company experienced a lean milk season and butter shortage, attributed to global GDP price fluctuations and erratic monsoon patterns.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HEFI.NS - Heritage Foods Ltd
Q2 2026 Heritage Foods Ltd Earnings Call
Oct 16, 2025 / 05:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to Heritage Foods Limited Q2 F 526 earnings conference call. As a reminder, all participant lines will be the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance in the conference call, please signal an operator by pressing start and 0 on your attached to phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Karima Singler.

Thank you and over to you, Miss Singler.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.