Heritage Foods Limited Share Price and Company Fundamentals
Last traded: Today at 4:13 AM
Heritage Foods Limited procures and processes milk and milk products in India. The company operates through Dairy, Renewable Energy, and Feed segment. The Dairy segment produces and markets dairy products, including fresh milk, curd, butter milk, lassi, ice cream, paneer, cooking butter, table butter, flavored milk, UHT milk, sweets, ghee, cheese, cold coffee, cream, skimmed milk powder, frozen desserts, and milk shake. This division also operates and franchises 859 Heritage Parlour outlets. In addition, it exports dairy products to Europe, the Gulf countries, and various countries in Asia. The Renewable Energy segment operates a solar power plant with a capacity of 4.20 MW; and wind power plant with a capacity of 6.30 MW in the states of Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, and Karnataka. The Feed segment manufactures and sells cattle feeds. The company was formerly known as Heritage Foods (India) Limited and changed its name to Heritage Foods Limited in August 2013. Heritage Foods Limited was incorporated in 1992 and is headquartered in Hyderabad, India.
Key Metrics
PE ratio
12.83
PB ratio
1.88
Dividend yield
1.87%
Beta
1.03
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Packaged Foods / Consumer Defensive |
|---|---|
| Full time employees | 3009 |
| Website | https://www.heritagefoods.in |
| Mailing address | #6-3-541/C, Panjagutta Hyderabad 500082 India |
| Phone / Fax | 91 40 2339 1221 / 91 40 2331 8090 |
Dividends
Dividend yield
1.87%
Dividend amount
₹5.00
Payout ratio
36.04%
5Y Avg. yield
0.77%
Heritage Foods Limited paid ₹5.00 dividend and the ex-dividend date was 21 July 2022.The dividend payout ratio is 36.04%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HERITGFOOD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
HERITGFOOD's forward dividend amount is ₹10 and the forward dividend yield is 3.72%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Heritage Foods Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Dr. M. Sambasiva Rao | Pres | 64 | 34.96M |
| Mr. A. Prabhakara Naidu | Chief Financial Officer | 60 | 6.24M |
| Mr. Jangam Samba Murthy B.Sc. | Chief Operating Officer | 54 | |
| Mr. Umakanta Barik | GM, Compliance Officer & Company Sec. | 48 | 3.1M |
| Mr. D. V. R. K. Prasad | Sr. VP | ||
| Ms. Nara Brahmani | Exec. Director | 34 | 88.64M |
| Mr. Srideep Nair Kesavan | Chief Exec. Officer | ||
| Mr. Dheeraj Tandon | Head of HR & Sr. GM | 45 | |
| Mr. C. H. Raja Babu | Sr. Gen. Mang. | ||
| Mr. Kotta Raja Babu | IT Head & GM | 59 |
Profitability and management effectiveness
Profit margin
3.60%
Operating margin
5.39%
Return on assets
10.13%
Return on equity
15.40%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Heritage Foods Limited is and its enterprise value is .
The HERITGFOOD's stocks Beta value is 1.03 making it 3% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Heritage Foods Limited (NSE:HERITGFOOD) Frequently Asked Questions
1. What is Heritage Foods Limited's Stock Symbol?
Heritage Foods Limited trades on NSE under the ticker symbol "HERITGFOOD".
2. What is Heritage Foods Limited's stock price today?
One share of HERITGFOOD stock can currently be purchased for approximately ₹269.9.
3. How can I contact Heritage Foods Limited?
Heritage Foods Limited's mailing address is #6-3-541/C, Panjagutta Hyderabad 500082 India. The company can be reached via phone at 91 40 2339 1221.
4. What is Heritage Foods Limited's official website?
The official website of Heritage Foods Limited is https://www.heritagefoods.in.