💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Heritage Foods Limited is an India-based dairy company. The Company's segments include Dairy, Renewable energy, and Feed. The Dairy segment is engaged in the manufacturing and marketing a complete range of milk and milk products. The Renewable energy segment produces power…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, reasonably priced.
Heritage Foods is scored on the consumer / fmcg framework. It keeps a thin 3.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.58× reported profit. Free cash flow is worth about -4.0% of its market value.
Over the last 3 years revenue compounded at 12%/yr and profit at 37%/yr. Book value itself has compounded 15%/yr — the hallmark of a genuine compounder. Return on equity is a modest 10.1%. In the latest quarter profit grew 24% versus the prior quarter.
At 23× earnings, the stock sits at the 29th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~15%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 30.26 | 8.06 | worse |
| P/B | 3.04 | 3.48 | better |
| EV/EBITDA | 13.88 | — | — |
| ROE | 10.06 | 6.57 | better |
| ROCE | 11.57 | 9.38 | better |
| ROA | 5.72 | 6.06 | worse |
| Quick Ratio | 0.76 | 3.91 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Unilever | 31.1 | 9.6 | 22.9% |
| ITC | 18.4 | 5.0 | 26.4% |
| Nestle India | 60.5 | 42.7 | 70.6% |
Revenue has grown every year across all 4 financial years shown. 12% CAGR over 3 years — steady double-digit compounder.
Profit is on a 2-year growth streak. Profit is growing faster than revenue (37% vs 12%) — margin expansion is at work.
Operating margin has expanded from 3% to 4% — the business is keeping more of each rupee earned.
ROE at 14% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 6pp across the window.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 37% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 1.6× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 16% above earlier ones.
Profit jumped 24% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 41.3% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 2.3pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.