Heritage Foods Share Price: If you invest in the stock market, then you must have heard the name of Heritage Foods. In this blog post, we will talk in detail about the Heritage Foods stock price prediction and know how much its shares have the potential to grow from 2024 to 2030.
Heritage Foods Limited Company Overview
Heritage Foods was started in the year 1992 and since then it has been one of the leading dairy companies in India. The company focuses mainly on milk and milk-related products such as curd, butter, ghee, paneer etc.
Apart from this, Heritage Foods has also expanded its business portfolio and entered the bakery products and renewable energy sector. The company is headquartered in Hyderabad, Telangana and is very popular among the consumer base for its high quality products.
| Company Name | Heritage Foods Ltd. |
| Founded | 1992 |
| Headquarters | Hyderabad |
| Industry | Dairy and Renewable Energy |
| Founder | Nara Chandrababu Naidu |
| Stock Exchange Listing | NSE & BSE |
| Official Website | heritagefoods.in |
Heritage Foods Limited Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹4,626.34 Cr. |
| ROE | 11.87% |
| ROCE | 15.48% |
| P/E | 29.52 |
| P/B | 5.22 |
| Div. Yield | 0.5% |
| Book Value | ₹95.48 |
| Face Value | ₹5 |
| EPS (TTM) | ₹16.89 |
| 52 Week High | ₹727.90 |
| 52 Week Low | ₹232.50 |
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Heritage Foods Financials
Income Statement
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Revenue | 37.94B | 17.07% |
| Operating Expense | 6.17B | 17.87% |
| Net Income | 1.07B | 83.78% |
| Net Profit Margin | 2.81 | 56.98% |
| Earnings per Share | 11.48 | 81.36% |
| EBITDA | 2.07B | 51.03% |
| Effective Tax Rate | 26.56% | — |
Balance Sheet
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Cash and Short-term Investments | 2.10B | 781.11% |
| Total Assets | 12.81B | 13.87% |
| Total Liabilities | 4.73B | 18.49% |
| Total Equity | 8.08B | — |
| Shares Outstanding | 92.80M | — |
| Price to Book | 7.33 | — |
| Return on Assets | 7.96% | — |
| Return on Capital | 10.45% | — |
Cash Flow
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Net income | 1.07B | 83.78% |
| Cash from operations | 3.90B | 744.37% |
| Cash from investing | -2.52B | -204.72% |
| Cash from financing | -759.30M | -160.09% |
| Net change in cash | 621.72M | 470.62% |
| Free cash flow | 2.43B | 267.66% |
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Heritage Foods Share Price Target From 2024 to 2030
| YEAR | SHARE TARGET |
|---|---|
| Heritage Foods Target Price 2024 | ₹536 |
| Heritage Foods Target Price 2025 | ₹623 |
| Heritage Foods Target Price 2026 | ₹754 |
| Heritage Foods Target Price 2027 | ₹870 |
| Heritage Foods Target Price 2028 | ₹998 |
| Heritage Foods Target Price 2029 | ₹1156 |
| Heritage Foods Target Price 2030 | ₹1420 |
Heritage Foods Share Price Target 2025
By 2025, Heritage Foods shares are expected to witness a good growth, with the company expanding its dairy and food products category and further strengthening its market position.
Along with this, due to increasing consumer demand and increasing demand for dairy products for health conscious people, the company’s revenue will also go steadily. Analysts believe that the share price of Heritage Foods can reach 623 INR by this year.
Heritage Foods Share Price Target 2026
In 2026, Heritage Foods shares will see even more positive momentum. Along with expanding its distribution network, the company is also increasing its focus on digital platforms, which will take its business further.
Let us tell you that this growth will also impact its stock price and you will see the share price of Heritage Foods around 754 INR. Good revenue can be expected from both rural and urban markets during this time period.
Heritage Foods Share Price Target 2027
By 2027, the share price of Heritage Foods can touch the target of 870 INR. This growth can be due to the launch of innovative products of the company, as well as its improved operational efficiency and its stable business model.
By this time, the company will be ready to make a strong position not only in the dairy sector but also in the organic food market, due to which its price can go up even more.
Heritage Foods Share Price Target 2028
In the year 2028, the share price target of Heritage Foods is expected to touch 998 INR. The company’s excellent plans and the addition of new products to its food portfolio will help in increasing the market shares further.
Meanwhile, the company’s activities in the renewable energy sector will also make its overall performance even stronger, which will increase the confidence of investors.
Heritage Foods Share Price Target 2029
By 2029, Heritage Foods share price target is expected to reach 1156 INR. The company’s financial performance looks quite stable and its diversification strategy has given it a distinct identity in the market.
Heritage Foods’ long-term growth plans and expanding consumer base, especially in tier-2 & tier-3 cities, will help the stock price move higher.
Heritage Foods Share Price Target 2030
By 2030, analysts say that Heritage Foods share price target can reach 1420 INR as the company has shown consistent growth through innovation in its product line and diversification of its market.
Leveraging global dairy trends along with dominance in large markets, Heritage Foods will show further growth in its operational areas, which will take this stock price target to this level.
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Heritage Foods Shareholding Pattern
- Retail & Other: 46.55%
- Promoters: 41.30%
- Foreign Institution: 8.26%
- Mutual Funds: 3.54%
- Other Domestic Institutions: 0.35%
Heritage Foods Limited Competitors
- Dodla Dairy
- Hatsun Agro Product
- Parag Milk Foods
- Vadilal Industries
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Conclusion
So as we shared detailed information about Heritage Foods Share Price Target 2024-2030 in this blog, it clearly shows us that Heritage Foods has a very good hold in the category of its dairy and food products due to its growth. Its focus is not only on quality and innovation, but also on expanding its business strategy and promoting its name in new markets.
The stock of this company can be very beneficial for people investing in the stock market, but before investing it is very important to analyze it well and understand the market conditions. Thank you very much for reading this post till the end. To connect with us, you can connect by clicking on the WhatsApp or Facebook button.
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FAQs
-
Is Heritage Foods a good buy?
Yes.
-
Can we invest in Heritage Foods?
Yes.
-
Is Heritage Foods debt free?
No.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
