Heritage Foods Limited

This company is involved in dairy, retail, agri, bakery, and renewable energy businesses in India.

1992 | Hyderabad, Telangana (India) | Active
Last Updated: June 21, 2024

Heritage Foods Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 46.40 Cr
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 309.37 Cr
  • Satisfied Charges ₹ 759.63 Cr
  • Revenue Growth 21.36%
  • Profit Growth -35.11%
  • Ebitda -27.90%
  • Net Worth 11.54%
  • Total Assets 25.86%

About Heritage Foods

Heritage Foods Limited (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 June 1992 and has a history of 32 years and eight months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519552 and on the National Stock Exchange(NSE) under HERITGFOOD.

The Corporate was formerly known as Heritage Foods (India) Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 46.40 Cr.

The company currently has active open charges totaling ₹309.37 Cr. The company has closed loans amounting to ₹759.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Heritage Foods Limited India are A Naidu as Cfo, Sambasiva Muddana as Ceo, Umakanta Barik as Company Secretary, and One other members. Nagaraja Vadlamudi, Bhuvaneswari Nara, Rajesh Ahuja, and Five other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    heritagefoods.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L15209TG1992PLC014332

  • Company No.

    014332

  • Stock Symbol

    BSE : 519552 NSE : HERITGFOOD

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 1992

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Environment
Food and Beverages

What products or services does Heritage Foods Limited offer?

Heritage Foods Limited offers a wide range of products and services, including Milk & Dairy Products, Dairy Products, Bakery & Confectionery Products, Ice Cream Raw Materials, Ice Cream, Pure Ghee, Buffalo Ghee, Curd, Heritage Curd, Sweets.

Who are the key members and board of directors at Heritage Foods?

Executive Team (4)

NameDesignationAppointment DateStatus
A Naidu Country flag representing In CFO23-May-2014Current
Sambasiva Muddana CEO06-Feb-2018Current
Umakanta Barik Country flag representing In Company Secretary28-Jan-2008Current
Srideep Kesavan CEO28-Jul-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Nara Brahmani Country flag representing In Whole-Time Director 22-Apr-2013Current
Aparna Surabhi Country flag representing In Director 30-Jan-2019Current
Nagaraja Vadlamudi Country flag representing In Director 05-Jun-1992Current
Bhuvaneswari Nara Country flag representing In Whole-Time Director 01-Apr-2006Current
Rajesh Ahuja Country flag representing In Director 23-Mar-2016Current
Angara Girijakumar Country flag representing In Director 01-Jun-2023Current

Financial Performance of Heritage Foods.

Heritage Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.36% increase. The company also saw a substantial fall in profitability, with a 35.11% decrease in profit. The company's net worth Soared by an impressive increase of 11.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.36%
Revenue from Operations
21.41%
Total Assets
25.86%
Profit or Loss
-35.11%
Net Worth
11.54%
EBITDA
-27.90%

What is the Ownership and Shareholding Structure of Heritage Foods?

In 2023, Heritage Foods had a promoter holding of 41.57% and a public holding of 58.42%. The company had 1 Subsidiary, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹309.37 Cr

Satisfied Charges

₹759.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 281.50 Cr
  • Office Of The Commercial Tax Officer ; : 14.48 Cr
  • Bank Of Baroda : 13.39 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2023Others₹29.00 CrOpen
15 Jun 2023Others₹120.00 CrOpen
10 Mar 2006Bank Of Baroda₹6.44 MOpen
03 Dec 2003Office Of The Commercial Tax Officer ;₹14.48 CrOpen
09 Mar 2001Others₹132.50 CrOpen

How Many Employees Work at Heritage Foods?

Heritage Foods has a workforce of 3181 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heritage Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Heritage Foods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Heritage Foods

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 29.00 Cr registered on 06 Jul 2023 with Charge ID 100741881 was modified on 10 Nov 2023.

    10 Nov 2023

  • Annual General Meeting

    Heritage Foods Limited last Annual general meeting of members was held on 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 29.00 Cr with Charge ID 100741881 was registered on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 120.00 Cr with Charge ID 100732591 was registered on 15 Jun 2023.

    15 Jun 2023

  • Director Appointment

    Angara Venkata Girijakumar was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 8 months .

    01 Jun 2023

  • Balance Sheet

    Heritage Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

Frequently asked questions

  • Heritage Foods Limited was incorporated on 05 Jun 1992.

  • The authorized share capital of Heritage Foods Limited is ₹ 50.00 Cr and paid-up capital is ₹ 46.40 Cr.

  • Currently 12 directors are associated with Heritage Foods Limited.

    • Nagaraja Naidu Vadlamudi
    • Bhuvaneswari Nara
    • Rajesh Thakur Ahuja
    • Aparna Surabhi
    • Nara Brahmani
    • Angara Venkata Girijakumar
    • Muthu Raju Paravasa Raju Vijay Kumar
    • Umakanta Barik
    • A Prabhakara Naidu
    • Sambasiva Rao Muddana
    • Umakanta Barik
    • Srideep Madhavan Nair Kesavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Heritage Foods Limited is 6-3-541/C PunjaguttaHyderabad, Telangana, India, 500082.

  • The corporate identification number (CIN) of Heritage Foods Limited is L15209TG1992PLC014332 and the company number is 014332 as per Ministry of Corporate Affairs (MCA).

  • Yes, Heritage Foods Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HERITGFOOD.

  • The Official website of Heritage Foods Limited is https://www.heritagefoods.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Heritage Foods Limited has risen by 21.36%.

  • As Per 2023 financial reports, 3181 employees are currently employed by Heritage Foods Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Heritage Foods Limited has experienced an upsurge of 11.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Heritage Foods Limited amount to ₹ 309.37 Cr.

  • The most recent Balance Sheet for Heritage Foods Limited was filed with the ROC on 31 Mar 2023.

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