Latest news with #HeritageFoods
Mint
6 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 5 June 2025
Breakout stocks buy or sell: The Indian stock market bounced back on Wednesday, June 4, breaking a three-day losing streak, with the recovery driven mainly by key heavyweight stocks such as HDFC Bank, Reliance Industries, Bharti Airtel, and Infosys. The Nifty 50 rose by 70 points (0.3%) to close at 24,610, while the Sensex ended the day 260 points higher (0.32%) at 80,998. Broader market indices outperformed the main benchmarks, with the Nifty Midcap 100 and Nifty Smallcap 100 gaining 0.70% and 0.80%, respectively. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is sustaining above 24,500. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaching this support the market bias may turn weak and the key benchmark index may try to test 24,150 to 24,200 levels. On the upper side, the 50-stock index is facing hurdle at 24,800. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — Heritage Foods, Rico Auto Industries, Mawana Sugars, Indo Amines, and Hindware Home Innovation. 1] Heritage Foods: Buy at ₹ 446.1, target ₹ 477, stop loss ₹ 430; 2] Rico Auto Industries: Buy at ₹ 81.91, target ₹ 88, stop loss ₹ 79; 3] Mawana Sugars: Buy at ₹ 105.74, target ₹ 113, stop loss ₹ 102; 4] Indo Amines: Buy at ₹ 158.31, target ₹ 170, stop loss ₹ 152; 5] Hindware Home Innovation: Buy at ₹ 281.1, target ₹ 301, stop loss ₹ 271. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
&w=3840&q=100)
Business Standard
17-05-2025
- Business
- Business Standard
Heritage Foods Q4 results: Net profit dips 5.75% to Rs 38.16 crore
Dairy firm Heritage Foods Ltd has posted 5.75 per cent drop in consolidated net profit to Rs 38.16 crore for the fourth quarter of 2024-25 fiscal year on higher expenses. Net profit stood at Rs 40.49 crore in a year-ago period, the company said in a statement. Total income increased to Rs 1,048.4 crore in January-March period of 2024-25 from Rs 950.5 crore a year ago. However, expenses remained higher at Rs 990.5 crore as compared with Rs 898.62 crore earlier. For the full 2024-25 fiscal year, net profit rose to Rs 188.28 crore as against Rs 106.54 crore a year ago. Heritage Foods Executive Director Brahmani Nara said the company has delivered its "highest-ever quarterly and annual revenue, crossing Rs 4,134.6 crore in FY25." Excluding the bulk B2B segment, revenue growth remained consistently above 10 per cent each quarter, reflecting the strength of the core portfolio and market strategy despite industry headwinds, she said. "We continued to strengthen our omni-channel presence, with deeper penetration across traditional trade and the fast-growing Q-commerce space. It's especially rewarding to see our brand retain the No.1 position in both 'Top-of-Mind Awareness' and 'Loyalists' for curd and paneer in our core markets, as per our latest Brand Health Tracker," Nara added.
Business Standard
17-05-2025
- Business
- Business Standard
Heritage Foods consolidated net profit declines 5.75% in the March 2025 quarter
Sales rise 10.30% to Rs 1048.47 crore Net profit of Heritage Foods declined 5.75% to Rs 38.17 crore in the quarter ended March 2025 as against Rs 40.50 crore during the previous quarter ended March 2024. Sales rose 10.30% to Rs 1048.47 crore in the quarter ended March 2025 as against Rs 950.57 crore during the previous quarter ended March 2024. For the full year,net profit rose 76.71% to Rs 188.28 crore in the year ended March 2025 as against Rs 106.55 crore during the previous year ended March 2024. Sales rose 8.98% to Rs 4134.60 crore in the year ended March 2025 as against Rs 3793.90 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1048.47950.57 10 4134.603793.90 9 OPM % 7.477.22 - 7.845.35 - PBDT 80.7070.50 14 336.50205.91 63 PBT 62.8854.83 15 266.95145.09 84 NP 38.1740.50 -6 188.28106.55 77
Reuters
16-05-2025
- Business
- Reuters
India's Heritage Foods posts quarterly profit rise on strong demand for dairy items
May 16 (Reuters) - India's Heritage Foods ( opens new tab reported a nearly 15% rise in fourth-quarter profit on Friday, buoyed by strong demand for its diary products. The company's consolidated profit before tax and exceptional items rose to 628.8 million Indian rupees ($7.35 million) in the three months ended March 31, from 548.29 million rupees a year ago. In May, Heritage bought 7.1 million shares of its joint venture Heritage Novandie Foods for 85 million rupees from its partner, France-based dairy company Novandie, leading to certain one-time impairment charges, the company said. Its revenue from operations climbed about 10% year-on-year to 10.48 billion rupees. For further results highlights, click here. India's rural areas are witnessing robust demand for staples, outpacing urban centers, driven by state income support schemes and a strong harvest. Dairy products such as cottage cheese and curd are in high demand, due in part to growing health awareness among consumers, analysts have said. Surveys indicate a majority of Indians are protein deficient due to a largely vegetarian diet. The share of Heritage's value added portfolio in its total revenue grew to 32.5% in the fourth quarter from 30.1% last year. Brands, from Amul to Milky Mist, have lately been highlighting the amount of protein on packages of certain dairy products. PEER COMPARISON * The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell ** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT JANUARY TO MARCH STOCK PERFORMANCE -- All data from LSEG -- $1 = 85.5510 Indian rupees
Business Standard
12-05-2025
- Business
- Business Standard
Heritage Foods Champions 'The Power of Learning over Winning' in Heartfelt New Campaign
PRNewswire Hyderabad (Telangana) [India], May 12: Heritage Foods, one of India's leading dairy companies, proudly unveils its latest 360-degree brand campaign, "The Power of Learning over Winning"--a heartfelt celebration of mothers and caregivers who shape lives with love, nourishment, and invaluable life lessons. Timed with Mother's Day, this campaign emphasises milk not just as a source of nutrition, but as a silent partner in a child's growth, resilience, and learning. Inspired by the thought "Learning is more important than winning," the campaign spotlights the everyday moments where mothers encourage their children to embrace progress over perfection, curiosity over competition, and lessons over short-term victories. A mother's love is not measured in medals or report cards--but in the wisdom she imparts, the values she nurtures, and the strength she instils. While launching this campaign, Mrs. Brahmani Nara, Executive Director at Heritage Foods mentioned her own experience as a mother and said "As mothers, we often feel the pressure of our children's performance--academics, sports, extracurricular--almost as if their achievements reflect on us. But true success is built on learning, growth, and resilience," She further noted "At Heritage, we stand beside moms in this journey--ensuring Pure Nutrition that supports not only physical growth but also cognitive and emotional development." Srideep Kesavan, CEO, Heritage Foods adds "Milk is more than a daily staple--it's a symbol of care and nutrition. Through 'The Power of Learning over Winning' campaign, Heritage Foods reinforces its commitment to being a trusted partner to mothers in delivering nutrition through pure Heritage milk." The campaign features a touching TVC that beautifully illustrates how pure milk becomes an essential force in a child's journey and reminding mothers that every sip supports a lesson for tomorrow. "Purity is not just what we deliver--it's what we stand for," adds Kesavan. "Heritage Foods is proud to be a part of the daily lives of millions of families. Our commitment to purity is rooted in our farm-to-home approach, ensuring every product is crafted with care and tested rigorously. We work closely with our network of dairy farmers, empowering them with modern practices, training, and ethical partnerships. Backed by 500+ Quality Experts, we perform over 25 stringent quality tests daily, guaranteeing a consistent supply of fresh, high-quality milk that supports learning, growth, and overall well-being." With a presence across 16 Indian states and deep roots in Andhra Pradesh and Telangana, Heritage Foods continues to meet the aspirations of modern families--providing more than just milk. In a world where transparency, authenticity, and trust matter more than ever, Heritage Foods stays committed to its legacy of farm-fresh purity, rigorous quality checks, and a steadfast promise of supporting mothers in raising well-rounded, resilient learners. Photo - Logo -
