Heritage Foods Ltd is a leading dairy company in India, known for providing high-quality milk and dairy products like curd, butter, and ghee. Founded in 1992, the company has grown to become a trusted brand in the food and beverage industry. Heritage Foods also offers products like ice cream, paneer, and flavored milk, ensuring freshness and quality. Heritage Foods Share Price on NSE as of 24 October 2024 is 565.10 INR. Here will provide you more details on Heritage Foods Share Price Target 2024, 2025, 2026 to 2030.
Heritage Foods Ltd: Market Overview
- Open Price: ₹572.00
- High Price: ₹579.75
- Low Price: ₹565.10
- Previous Close: ₹594.80
- Volume: 720,447
- Value (Lacs): ₹4,071.25
- VWAP: ₹566.84
- UC Limit: ₹624.50
- LC Limit: ₹565.10
- P/E ratio: 35.36
- Div yield: 0.44%
- 52-wk high: ₹727.35
- 52-wk low: ₹209.30
- Mkt cap: ₹5.24KCr
- Face Value: ₹5
Heritage Foods Share Price Chart
Heritage Foods Share Price Target Tomorrow 2024 To 2030
Heritage Foods Share Price Target Years | Share Price Target |
2024 | ₹630 |
2025 | ₹845 |
2026 | ₹1060 |
2027 | ₹1257 |
2028 | ₹1475 |
2029 | ₹1648 |
2030 | ₹1862 |
Heritage Foods Share Price Target 2024
Heritage Foods share price target 2024 Expected target could be ₹630. Here are three key factors that could affect the growth of Heritage Foods Ltd’s share price target in 2024:
- Rising Demand for Dairy Products: Increasing health awareness and demand for natural and organic dairy products could drive sales for Heritage Foods. If the company continues to innovate and expand its product range, it could capture a larger market share, positively impacting its revenue and share price.
- Expansion of Distribution Networks: Heritage Foods’ ability to expand its distribution network across rural and urban areas will be crucial for growth. Stronger reach and access to new markets could boost sales, enhancing the company’s profitability and share price in 2024.
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Raw Material and Input Costs: Fluctuations in milk prices and other input costs can directly affect Heritage Foods’ profit margins. Efficient cost management and maintaining a balance between raw material costs and product pricing will be essential to protect margins and sustain share price growth.
Heritage Foods Share Price Target 2025
Heritage Foods share price target 2025 Expected target could be ₹845. Here are three key factors that could affect the growth of Heritage Foods Ltd’s share price target in 2025:
- Product Diversification and Innovation: Heritage Foods’ ability to introduce new and innovative dairy products, such as plant-based alternatives or health-focused options, will be crucial for capturing consumer interest. Successfully launching these products can attract a broader customer base and enhance revenue growth, positively influencing the share price.
- Strategic Partnerships and Collaborations: Forming partnerships with retailers, e-commerce platforms, and local dairy farmers can strengthen Heritage Foods’ market presence. Collaborations that enhance distribution channels and improve supply chain efficiency will be vital for expanding market reach and driving sales growth in 2025.
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Regulatory Environment and Compliance: Changes in regulations related to food safety, dairy production, and environmental standards can impact operations. Heritage Foods’ ability to adapt to these regulations while ensuring compliance will be essential for maintaining operational efficiency and public trust, which can directly affect its growth prospects and share price.
Heritage Foods Share Price Target 2030
Heritage Foods share price target 2030 Expected target could be ₹1862. Here are three potential risks and challenges that could affect Heritage Foods Ltd’s share price target in 2030:
- Intense Competition in the Dairy Sector: The dairy industry in India is highly competitive, with numerous players vying for market share. If Heritage Foods cannot differentiate its products or maintain a competitive edge, it may struggle to grow its customer base and revenue, negatively impacting its share price.
- Volatility in Raw Material Prices: Fluctuations in the prices of raw materials, particularly milk, can significantly affect profit margins. Any significant increases in input costs without the ability to pass those costs onto consumers could erode profitability and, in turn, impact the share price.
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Changing Consumer Preferences: As consumers become more health-conscious and aware of sustainability issues, shifts in preferences toward organic or plant-based products may pose a challenge for traditional dairy brands. Heritage Foods will need to adapt to these trends and potentially invest in new product lines to remain relevant, which could strain resources and affect its growth and share price by 2030.
Shareholding Pattern For Heritage Foods Ltd
- Promoters: 41.30%
- Retails and Others: 46.55%
- FII: 8.26%
- Mutual Funds: 3.54%
- DII: 0.35%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:Â http://www.heritagefoods.in/
Heritage Foods Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 37.94B | 17.07% |
Operating expense | 6.17B | 17.87% |
Net income | 1.07B | 83.78% |
Net profit margin | 2.81 | 56.98% |
Earnings per share | 11.48 | 81.36% |
EBITDA | 2.07B | 51.03% |
Effective tax rate | 26.56% | — |
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