Business Economy


Heritage Foods crosses ₹45,000 Mn Revenue Mark in FY26 despite Margin Pressure

Hyderabad, May 11 (UNI) Heritage Foods Limited (HFL) on Monday reported resilient revenue growth for FY2025-26 despite severe milk supply shortages and elevated input costs, crossing the ₹45,000 million annual revenue milestone for the first time.
In a release, the company reported revenue growth of 9 per cent year-on-year to ₹45,260 million in FY26, while fourth-quarter revenue rose 10 per cent to ₹11,576 million despite weak flush season conditions, milk shortages and weather-related disruptions across key markets.
Value-added products (VAP) continued to drive growth momentum, with VAP revenue increasing 13 per cent year-on-year to ₹14,678 million in FY26 and 18 per cent growth in Q4FY26 to ₹3,957 million. VAP contribution improved to 35.3 per cent in FY26 compared to 32 per cent in the previous year.
Paneer volumes grew 27 per cent year-on-year during FY26, while curd volumes rose 7 per cent and ice cream volumes increased 15 per cent, reflecting strong consumer demand and improving product mix.
Ms. Brahmani Nara, Executive Director, Heritage Foods Limited, said the company remained focused on strengthening procurement infrastructure, expanding distribution reach and scaling high-growth categories despite challenging industry conditions.
She said continued investments in premiumisation, value-added products and new capacities positioned the company for sustainable long-term growth as market conditions gradually normalise.
However, elevated milk procurement costs impacted profitability during the year.
Average landed milk costs rose 8 per cent year-on-year to ₹46.7 per litre in Q4FY26, resulting in EBITDA margin contraction of 311 basis points to 4.5 per cent.
The company reported Q4FY26 EBITDA of ₹522 million, down 35 per cent year-on-year, while profit after tax declined 37 per cent to ₹239 million.
Despite supply-side constraints, Heritage Foods said its procurement network demonstrated resilience, although procurement volumes declined 7 per cent year-on-year to 16.38 LLPD during the quarter.
The company’s wholly owned subsidiary, Heritage Nutrivet Limited, reported a 33 per cent increase in revenue to ₹2,454 million during FY26, while profit before tax rose to ₹206 million.
Heritage Foods also reported strong growth in emerging channels, with e-commerce and quick-commerce revenues rising 56 per cent year-on-year, while fresh distribution and other emerging channels grew 49 per cent.
UNI KNR CDS
More News

Apollo Tyres emerges fastest climber in Global Brand Strength Rankings for 2026

09 Jun 2026 | 9:23 PM

Kochi, June 9 (UNI) Leading tyre manufacturer Apollo Tyres Ltd has emerged as the fastest climber in the 2026 Global Tyre Brand Strength rankings released by brand valuation consultancy Brand Finance, registering a significant improvement in its global brand standing driven by strategic marketing initiatives, sports sponsorships and product innovation.

see more..

DPIIT leads Industry outreach in UP to accelerate reforms, exports and investment growth

09 Jun 2026 | 7:20 PM

Lucknow, Jun 9 (UNI) The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, in collaboration with Invest UP, on Tuesday organized an awareness workshop on key government schemes, programmes and policy initiatives, bringing together leading industry associations and stakeholders to enhance outreach, strengthen industry engagement, and promote wider participation in India's industrial growth agenda.

see more..

Stock markets snap two-day losing streak, Sensex Gains Nearly 400 pts

09 Jun 2026 | 7:09 PM

New Delhi, Jun 9 (UNI) Indian stock markets snapped a two-day losing streak and ended higher amid easing geopolitical tensions and moderation in crude oil prices.

see more..

Kiran Bedi pitches Bharat Skill Exchange as ‘solution’ to India’s skill challenge

09 Jun 2026 | 6:44 PM

Anurag Kumar
New Delhi, Jun 9 (UNI) Bharat Skill Exchange, a platform aimed at bridging the skill gap in India through trust and transparency, held a launch event in the national capital on Tuesday. The platform connects high-potential learners, verified training institutions, and impactful sponsors in a transparent ecosystem.

see more..

Salesforce Commits to Creating One Million AI Learners in India by 2030

09 Jun 2026 | 6:41 PM

Hyderabad, June 9 (UNI): Salesforce President and CEO (South Asia), Arundhati Bhattacharya, on Tuesday announced the company's commitment to create one million AI-enabled learners in India by 2030, highlighting the growing demand for artificial intelligence skills and the widening gap between job opportunities and available talent.

see more..