Heritage Foods Limited: A Leading Player in the Indian Dairy Industry

Heritage Foods Limited, headquartered in Hyderabad, India, stands as a significant force in the dairy market, operating across 16 states. With a history of growth from an initial turnover of ₹4.5 crore in 1993-94, the company now offers a wide array of products, including milk, ghee, curd, and various value-added dairy products.

Financial Indicators

In the financial year 2023, Heritage Foods achieved a revenue of approximately INR 2,500 crore. Despite challenges such as rising operational costs, the company maintained financial stability, underscoring its effective cost management strategies.

Important Company Events

Recently, Heritage Foods has been focused on stabilizing consumer prices amidst economic challenges. This strategy involved launching new product lines and expanding its distribution network to enhance market presence and consumer engagement. The company noted that early monsoons initially affected sales but ultimately led to improved milk productivity.

Leadership and Strategic Plans

Guided by industry leaders such as Mrs. Bhuvaneswari Nara and Nara Brahmani, Heritage Foods is driving transformative impacts on consumer affordability and farming stability. The company has announced substantial price reductions across its dairy product range, including UHT milk, ghee, butter, cheese, paneer, and ice cream, aiming to pass on the full benefits of the GST Council's rate rationalisation to consumers.

Looking ahead, Heritage Foods aims to strengthen its market position through strategic partnerships and investments in technology to boost productivity. The company plans to increase the number of processing plants and diversify its product range to attract a broader consumer base. Additionally, there is a strong emphasis on sustainability practices, particularly in energy efficiency and waste management. Heritage Foods aims to double its milk procurement capacity to 40 lakh liters per day with a ₹4,000 crore investment plan, focusing on digital transformation and farmer empowerment to achieve its ambitious targets.

Modified: 2025/11/28

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