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* - Tentative Dates
The Company intends to utilize the proceeds raised through the Issue for financing the following objects:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-22 | 902.58 | 2692.55 | 96.09 | 657.55 |
| Amount in ₹ Crore | ||||
The Heritage Foods Limited was founded by Mr. Nara Chandrababu Naidu in the year 1992, which is one of the fastest growing Companies in India, with two business divisions - Dairy and Renewable Energy. The vision of this company is to delight the home with fresh & healthy products and empower the farmer.
The products of the company are milk-based products as defined: Fresh milk, Skimmed Milk Powder, Curd, Paneer, Cheese, Buttermilk, Flavored Milk, MilkShake, Lassi, Sweet, Ice-cream / Frozen Dessert, Ghee, Butter, cream and provides wide range variety in all these categories.
The Company has a robust R&D policy, advanced technology for manufacturing and processing, top-tier quality control, and a highly qualified team to oversee its operations. It has 18 processing plants, 187 bulk coolers, and mini chilling and chilling centers to ensure the availability of fresh and high-quality products.
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, Uttarakhand & Uttar Pradesh. The annual turnover of Heritage Foods stood at INR 26,429 million in the financial year 2021-22.
