Heritage Foods stock | 2026 rating, price & analyst opinions

Heritage Foods

NSEI:HERITGFOOD

Rp 323,80

Rp-3,20 (-0,98%)

323,80 Rp

Rp-3,20 (-0,98%)

End-of-day quote: 04/10/2026

Heritage Foods Stock Value

The current analyst recommendation for NSEI:HERITGFOOD is: Outperform.

Outperform

Heritage Foods Company Info

EPS Growth 5Y

11,08%

Market Cap

Rp30,34 B

Long-Term Debt

Rp1,11 B

Annual earnings

05/16/2026 (E)

Dividend

Rp2,49

Dividend Yield

0,77%

Founded

1992

Industry

Consumer Staples

Country

India

Website

Heritage Foods

ISIN Number

INE978A01027

Website

http://www.heritagefoods.in

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp450,00

38.97%

Last Update: 04/10/2026

Analysts: 3

Highest Price Target Rp675,00

Average Price Target Rp450,00

Lowest Price Target Rp415,00

In the last five quarters, Heritage Foods’s Price Target has fallen from Rp766,11 to Rp609,75 - a -20,41% decrease. Three analysts predict that Heritage Foods’s share price will increase in the coming year, reaching Rp450,00. This would represent an increase of 38,97%.

Top growth stocks in the consumer staples sector (5Y.)

What does Heritage Foods do?

Heritage Foods Limited operates primarily in the dairy industry, providing a range of dairy products encompassing milk, curds, butter, ghee, and various value-added products. The company maintains a focus on sustainable practices throughout its operations, aiming to contribute positively to the rural economy through its partnerships with farmers and local suppliers. The company utilizes advanced technologies and efficient supply chain strategies to ensure the freshness and quality of its produc...

Heritage Foods Limited operates primarily in the dairy industry, providing a range of dairy products encompassing milk, curds, butter, ghee, and various value-added products.

The company maintains a focus on sustainable practices throughout its operations, aiming to contribute positively to the rural economy through its partnerships with farmers and local suppliers. The company utilizes advanced technologies and efficient supply chain strategies to ensure the freshness and quality of its products, thereby meeting the rigorous demands of its consumers. As a part of its commitment, the company invests in research and development, always searching for ways to innovate and improve its offerings, making certain that it stays aligned with growing consumer preferences towards healthy and nutritious options.

Business Segments

The company operates through several strategic business segments focusing on dairy production and related activities. The primary segments include:

Dairy Segment: This is the core focus of the company, encompassing the production and distribution of various dairy products. The dairy segment includes the manufacture of milk, curds, butter, cream, and more. The company ensures that all dairy products are compliant with the highest food safety standards, while also emphasizing organic and natural options to cater to health-conscious consumers.

Agri-Based Segment: Focusing on organic and sustainable farming practices, the company aids farmers through initiatives aimed at improving yield and sustainability. This segment supports farmers in adopting best practices and enhances their productivity through educational programs and access to high-quality inputs.

Consumer Products Segment: Apart from dairy, the company also offers a range of consumer products often including beverages and other food items. This segment aims to diversify its offerings to cater to the broader market demands and consumer preferences.

Retail Distribution Segment: The company has developed a comprehensive distribution network that reaches both urban and rural consumers. The retail segment focuses on effectively managing supply chains to ensure timely delivery and maintain product quality throughout the distribution process.

Export Market Segment: Gradually entering the international market, the company is exploring opportunities to expand its footprint globally. This segment aims to reach new markets while promoting the brand's quality standards and commitment to excellence.

Business Strategy

The company has developed a multi-faceted business strategy to enhance its competitive advantage while ensuring sustainable growth. The company employs a consumer-centric approach that involves continuous engagement with customers to gauge preferences and trends, guiding product development.

The strategic focus lies in achieving operational efficiency through technology integration, particularly in production and supply chain management. The company utilizes modern software systems for inventory management, logistics, and customer relationship management. By harnessing technology, the company aims to reduce costs, enhance productivity, and ensure product freshness throughout the supply chain.

Attention to sustainability is a cornerstone of the company's strategy. The company prioritizes environmentally friendly practices in sourcing, manufacturing, and packaging. Commitment to sustainability not only mitigates environmental impact but also aligns with growing consumer awareness towards ethical consumption.

The company emphasizes innovation in product development, creating offerings that cater to health-conscious consumers. Diversifying the product portfolio is a significant aspect of its strategy, ensuring that the company remains relevant in a dynamic market. The ongoing efforts to introduce organic and nutritionally enhanced products are critical in meeting evolving consumer needs.

Additionally, the strategic partnerships with local farmers are instrumental in securing high-quality raw materials while supporting the local economy. The company fosters these relationships through training programs and resources, ensuring both sustainable practices and quality products.

The global expansion strategy seeks to tap into international markets, opening avenues for growth and increasing brand recognition. The company is eager to leverage its existing capabilities while adapting to new cultural contexts.

Products and Services

The company offers an extensive range of products primarily focused on dairy but also encompassing connected consumer goods. The product portfolio reflects its commitment to quality and innovation, catering to a diverse consumer base.

Milk Products: The flagship offering includes various types of milk regular milk, toned milk, and standardized milk. The company adheres to stringent quality control measures, ensuring that all milk products are safe, nutritious, and fresh.

Curds and Yogurts: The company specializes in a variety of curds, catering to health-conscious consumers looking for probiotic benefits. The yogurt offerings are diverse, including flavored and natural varieties that appeal to different tastes.

Ghee and Butter: Recognizing the importance of traditional dairy products, the company produces high-quality ghee and butter, often inspired by ancestral recipes and processes, ensuring authenticity and delight in flavor.

Paneer and Cheese: The firm includes paneer and a selection of cheeses within its product range, emphasizing fresh, quality ingredients and a commitment to time-honored dairy practices.

Value-Added Products: The company also develops a segment of value-added dairy products such as flavored milk, smoothies, and desserts, contributing to the company's innovation drive.

Specialty Products: The company focuses on organic products and serves health-oriented segments, such as lactose-free alternatives, allowing it to pivot according to market demands.

The services provided by the company extend to customer engagement through various platforms for product queries and feedback mechanisms. The company boasts a robust customer support system, featuring a toll-free line and dedicated customer service teams.

Geographical Markets Served

The company operates in India but is also making inroads into international markets. Domestically, it has a strong presence across all major states, facilitated by a well-structured distribution network. Urban and rural markets are both served, ensuring widespread availability of products.

The company is continuously exploring opportunities to expand its market reach further. Internationally, the company is identifying potential partners and channels for exporting its products, tapping into markets where Indian dairy products are gaining popularity.

Seasonality

The company experiences certain seasonality in its operational performance, influenced significantly by factors such as climatic conditions and dairy production cycles. While the demand for dairy products is consistent throughout the year, certain products, like flavored yogurts, see spikes during festive seasons or summer months. Conversely, some dairy supplies may fluctuate based on feed availability and weather conditions affecting milk production.

Customers

The company serves a diverse customer base, from individual consumers to bulk buyers, including retail outlets and food service establishments. The company focuses on building customer loyalty through quality and service excellence.

Modes of Sales and Marketing, Distribution channels

The company employs a multi-channel marketing strategy to reach its customers effectively. Both traditional and digital marketing tactics are utilized, ensuring broad visibility of products. The company engages in direct marketing to consumers, leverages social media platforms for brand building, and participates in promotional campaigns during festive seasons.

The distribution channels feature modern trade, traditional retail, and e-commerce platforms, allowing consumers to purchase products conveniently. The company focuses on establishing relationships with retail partners to ensure optimal shelf placement and availability.

Government Regulations

The company operates under rigorous regulatory frameworks applicable to the food and dairy industry. Compliance with standards set forth by the Food Safety and Standards Authority of India (FSSAI) is fundamental to its operations. The company is committed to following environmental laws and regulations, ensuring that all activities are conducted sustainably and responsibly.

History

Heritage Foods Limited was founded in 1992. The company was incorporated in 1992.

Heritage Foods Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Dairy products:** approximately 75% of revenue **Fresh milk:** approximately 15% of revenue **Other food products:** approximately 10% of revenue **TOP 3 markets:** 1. **India:** approximately 85% 2. **Middle East:** approximately 10% 3. **Southeast Asia:** approximately 5% Heritag...

At which locations are the company’s products manufactured?

**Production Sites:** India Heritage Foods Limited mainly produces its products in India. The company has several production facilities strategically located across the country to ensure efficient supply and distribution. The main production sites are located in the states of Andhra Pradesh, Telang...

What strategy does Heritage Foods pursue for future growth?

**Revenue Growth:** 10% (estimated for 2026) **Investment in Technology:** 5 million USD (2025) **Expansion of Product Range:** Introduction of 3 new products (2025) Heritage Foods Limited is pursuing a growth strategy based on diversifying its product range and investing in technological innov...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Dairy products, animal feed, packaging materials **Countries of Origin:** New Zealand, USA, Germany Heritage Foods Limited mainly imports dairy products, animal feed, and packaging materials to meet their production requirements. New Zealand is a significant suppli...

How strong is the company’s competitive advantage?

**Market share in India:** Approx. 3% (estimated for 2025) **Revenue growth:** 8% (2025) **EBITDA margin:** 7.5% (2025) Heritage Foods Limited operates in a highly competitive market, especially in the dairy products sector in India. The company has gained a competitive advantage through a st...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 28% (2026, estimated based on historical trends) **Insider Buys/Sells:** No significant transactions reported in 2026 The institutional investor share in Heritage Foods Limited is approximately 28%. This indicates a moderate interest from institutional investors,...

What percentage market share does Heritage Foods have?

**Market share of Heritage Foods Limited:** Estimated 5% (2026) **Top competitors and their market share:** 1. **Amul (Gujarat Cooperative Milk Marketing Federation):** 30% 2. **Mother Dairy:** 15% 3. **Parag Milk Foods:** 10% 4. **Nestlé India (Dairy products):** 8% 5. **Britannia Industries (Dai...

Is Heritage Foods stock currently a good investment?

**Revenue Growth:** 10% (2025) **EBITDA Margin:** 8.5% (2025) **Net Debt to EBITDA:** 2.1x (2025) Heritage Foods Limited achieved a revenue growth of 10% in 2025, attributed to strong demand for their dairy products and successful expansion into new markets. The EBITDA margin of 8.5% indicates that...

Does Heritage Foods pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (estimated for 2026) **Dividend History:** Continuous payout over the last 5 years Heritage Foods Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 2.5% for 2026, based on past payouts and current...

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Heritage Foods Stock Value

Heritage Foods Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer staples sector (5Y.)

What does Heritage Foods do?

Heritage Foods Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Heritage Foods Stock Value

Heritage Foods Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer staples sector (5Y.)

What does Heritage Foods do?

Heritage Foods Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.