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Dairy Products
Quarterly Result28 Jan 2026, 05:17 pm

Heritage Foods Displays Resilience; Logs 8% Topline Growth amid Milk Shortages and Sustained Input Cost Pressures; Crosses ₹11,000 Million Mark for Third Consecutive Quarter

AI Summary

Heritage Foods Limited, a leading dairy company, announced its results for the quarter ended December 31, 2025. Despite adverse weather and industry-wide input cost inflation, the company delivered a robust 8% YoY revenue growth, maintaining quarterly revenues above ₹11000 million for the third straight quarter. Milk sales grew 2.1% YoY to 11.94 LLPD, supported by market expansion and brand strength. VAP revenue grew 13.8% YoY to ₹3,271 million. Despite adverse weather, most VAP categories registered year-on-year growth, with VAP (ex-fats) contributing 30% to total revenue. The wholly owned subsidiary, Heritage Nutrivet Limited, recorded a 27% YoY increase in revenue to ₹645 million.

Key Highlights

  • Consistency VAP-Led Growth despite slow retail offtakes
  • Value-added products with a strong growth of 13.8%
  • Calibrated 4.9% price hike and improved product mix offset higher input costs
  • Commissioning of the Shamirpet ice cream plant and new flavoured milk plant in Q4 FY26
  • Heritage Nutrivet Limited Delivers Strong Results with a 27% YoY increase in revenue to ₹645 million
HERITGFOOD
Dairy Products
Heritage Foods Limited

Price Impact