The Heritage Group, founded in the year 1992 by Mr. Nara Chandrababu Naidu (Now Andhra CM), is one of the fastest growing Public Listed Companies in India, with two-business divisions viz., Dairy and Renewable Energy under its flagship Company Heritage Foods Limited (Formerly known as Heritage Foods (India) Limited).
Currently Heritage's milk and milk products have a market presence in Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharastra, Odisha, NCR Delhi,Haryana, Rajasthan, Madhya Pradesh, Punjab, Uttar Pradesh, Gujarat and Uttarakhand. Headquartered in Hyderabad.
Heritage Foods Bags "Golden Peacock Award for Excellence in Corporate Governance' for the year 2016".
Listed among India's prestigious Top-500 companies list for the year 2013 & 2014, compiled by The Economic Times, on the basis of industry respect and key financial parameters.
Recently Heritage has sold its retail business to Future Retails and in lieu of money, it got Future Retails shares. Future Retails shares has gained in price and that is going to benefit the company. Read more about the benefits to Heritage Foods here.
In FY17, the company's operating profit was Rs 110 crore due to Rs 10-crore loss in the retail business. With this business now gone to Future Retail, analysts expect overall margin, cash flow and return ratios of Heritage to improve from the current fiscal.Heritage foods is trading at discount too.
Heritage Foods export Ghee, Skimmed Milk, and butter to Europe, Gulf and other countries.
Heritage Foods has green power for captive consumption. 4 MW of Solar power and 4.2 MW of Wind power.
CMP: Rs 1276.
Heritage Foods is a excellent business to buy at your own time for long term.