Heritage Foods Share Price Target from 2024 to 2050: Hi Folks, Are you looking to invest in Heritage Foods? If yes, Then this study will definitely help you. We have provided here everything you need to know about the potential stock performance. This post is all about the company’s’ fundamental analysis, Technical analysis, and share price targets from 2024 to 2030.
Overview
Heritage Foods was established in 1992. It is a popular Indian dairy brand. They offer Milk, Yogurt, Paneer, and a range of dairy-based drinks. The company has expanded into renewable energy. It has also expanded into bakery products. It is growing its footprint in urban and rural areas across India.
Current Market Position: Heritage Foods has a solid position in India’s dairy sector. Known for quality, it’s trusted by consumers, making it a reliable choice in a highly competitive market.
Products of Heritage Foods Ltd.
There are many products of the company in dairy industries shown below in a slide show.
Vision
“Delighting every home with fresh and healthy products and empowering the farmer. “
Mission
To be a nationally recognized brand for fresh and healthy products
Fundamental Analysis of Heritage Foods Share Price Target
Here’s a quick look at Heritage Foods’ key financial ratios and performance:
Fundamental ratios
| Metric | Value | Comments |
|---|---|---|
| Sales Growth | 3-Year: 15%, TTM: 12% | Consistent growth over recent years |
| Profit Growth | 3-Year: -12%, TTM: 146% | Strong recovery in recent quarters |
| EPS (FY 2024) | ₹18.80 | Indicates solid earnings per share |
| Dividend Payout | 22% | Moderate payout ratio, balancing growth and returns |
| Return on Equity (ROE) | Last Year: 13% | Efficient use of equity; a good sign for investors |
| Debt to Equity Ratio | Moderate; recent reduction | Improved financial leverage; lower risk |
| Cash Flow (FY 2024) | Operating: ₹390 Cr, Net: ₹62 Cr | Strong operational cash, but lower net cash |
Profit and Loss
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|
| Sales | 2,726 | 2,473 | 2,681 | 3,241 | 3,794 | 3,944 |
| Expenses | 3,108 | 2,212 | 2,495 | 3,109 | 3,590 | 3,651 |
| Operating Profit | -382 | 261 | 186 | 132 | 203 | 292 |
| OPM % | -14% | 11% | 7% | 4% | 5% | 7% |
| Other Income | 303 | 7 | 2 | 12 | 12 | 21 |
| Interest | 24 | 21 | 6 | 6 | 9 | 12 |
| Depreciation | 50 | 46 | 52 | 56 | 61 | 65 |
| Profit before tax | -154 | 202 | 130 | 82 | 145 | 236 |
| Tax % | 10% | 26% | 26% | 29% | 27% | – |
| Net Profit + | -169 | 148 | 96 | 58 | 107 | 174 |
| EPS in Rs | -17.27 | 16.16 | 10.41 | 6.25 | 11.48 | 18.80 |
| Dividend Payout % | -7% | 15% | 24% | 40% | 22% | – |
For more insights of Company Visit – Heritage Foods Ltd.
Here is the graphical Presentation of Sales vs. net Profit
ShareHoldings Pattern
Here is the last five Quarters shareholding data for Heritage Foods Ltd.
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|
| Promoters | 41.30% | 41.30% | 41.30% | 41.30% |
| FII’s | 1.73% | 2.01% | 3.33% | 8.27% |
| DII’s | 11.97% | 11.74% | 3.91% | 3.89% |
| Public | 44.99% | 44.96% | 51.48% | 46.56% |
The next Pie chart shows the latest Shareholding pattern of Heritage Foods Ltd Share.
Peers
| Company Name | P/E Ratio |
|---|---|
| Varun Beverages | 80.37 |
| Hatsun Agro | 78.21 |
| Bikaji Foods | 76.00 |
| L T Foods | 23.16 |
| Heritage Foods | 37.23 |
Technical Analysis of Heritage Foods Share Price Target
Historical Price Analysis
Heritage Foods has shown strong stock performance, now around ₹536 per share. The stock’s 52-week high stands at ₹727, with a market cap of over ₹5,000 crores. A stable P/E ratio indicates financial stability. Positive quarterly earnings suggest readiness for long-term growth in the food and dairy sector.
In 2020, the Price stood at 73.8 and the latest high is 727. It has given 9X returns within 4 Years. We believe that it will give the same returns in upcoming years also.
Heritage Foods Share Price Target 2024: ₹630 to ₹640 (Short-Term)
Heritage Foods share price target for 2024 is ₹630 to ₹640. Heritage Foods is expected to reach this mentioned range as demand rises. This target is based on increasing sales and anticipated partnerships in e-commerce. If you check below daily chart then you can realize it has made a parallel channel. Once it reaches the base of the parallel channel there is a chance of bouncing back to the upper level.
The move will start once the stock reaches in demand zone of 500. Once it takes the support and starts moving up one Can buy the Shares. The stop loss should be 500. The target for this trade should be 640 to 650 for the short term. So the total returns will be 30%.
Heritage Foods Share Price Target 2025: ₹840 to ₹850 (Mid-Term)
In 2025, more growth is expected for the company’s product line expansion and stronger distribution. Heritage Foods is focusing on premium and Quality products, which will push the price further.
Heritage Foods share price target for 2025 is ₹840 to ₹850. This is the medium-term target. As mentioned in the above short-term post, The stop loss should be the same ₹500 level. There is not much difference in daily and weekly support and resistance level heritage foods share Price chart. We can assure you that the 500 level is a major support zone. A medium-term investor should look for a target of ₹840 to ₹850. The return will be 41%.
Heritage Foods Share Price Target 2026 to 2030: ₹1065 to ₹1875 ( Long-Term)
By 2030, Heritage Foods could see its share price in this range if expansion plans go well. With plans for new products and cost efficiency in production, the company is aiming for steady growth.
Below we have forcasted the Heritage share Price target for 2026, 2027, 2028, 2029, and 2030.
| Heritage Foods Share Price Target Years | Heritage Foods Share Price Target |
|---|---|
| 2026 | 1065 |
| 2027 | 1260 |
| 2028 | 1475 |
| 2029 | 1650 |
| 2030 | 1875 |
To analyze the long-term investment perspective of the Heritage Foods share price we have provided the Monthly Candlestick chart. If You check the chart, It shows the share has given a multiyear breakout in the range of 450. After giving the multiyear breakout it has given 60 % Returns within a month.
Currently, the share is coming to re-test the level of Multiyear breakout zone of 450. If it comes at this level one should grab the share with both hands. The stop loss for the Long-term view should be about 425 levels. One should have a lot of patience for a long-term view of at least 5 years. After 5 years the share price will touch to ₹1875. There is a very good Risk to Reward ratio of 3:1. The Returns will be 3X.
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Key Growth Drivers
What will drive Heritage Foods growth over the next few years?
Product Diversification
Heritage Foods is expanding beyond traditional dairy into health-oriented Dairy Products and renewable energy. This diversification will support revenue growth.
Brand Trust and Quality
Heritage Foods Ltd. is Known for its quality products, Heritage Foods has strong customer loyalty, which helps them stay competitive.
Domestic and International Expansion
The company is eyeing expansion within India and potentially outside, which will help it reach new markets. This will make an increase in its capacity.
Rising Demand for Dairy Products
In the current generation, health awareness is growing and a preference for fresh dairy products is driving demand. Heritage Foods focus on expanding its product range could increase its revenue drastically.
Distribution Network Expansion
Increased penetration in rural and urban areas in all states will enhance market share.
Product Innovation
New product lines, like health-focused, can attract diverse consumer demographics.
Strategic Partnerships
Collaborations with e-commerce platforms and local retailers will drive growth by expanding Heritage’s footprint across India and Globally.
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Challenges and Risks
No investment is without Risk. Here are a few for Heritage Foods:
Market Competition
The Indian dairy market is competitive, with players like Amul, Parag Milks, and Nestle. This may limit price flexibility.
Economic and Regulatory Risks
The dairy industry is sensitive to raw material costs and government policies. Price controls and changing regulations might impact profits.
Long-Term Investment Potential
Future Outlook
With steady expansion plans and a strong brand, Heritage Foods is a good long-term bet. We may see a multi-bagger return in upcoming years.
Investment Recommendations
Some brokerage firms are following the Heritage Food Share Price. We have taken some of them into account and listed them below. so the investors will have trust.
Heritage Foods Price Target Given by Various Brokerage Firms
| Brokerage Firm | Target Price (INR) | Comments |
|---|---|---|
| Motilal Oswal | ₹737 | Significant upside potential based on market analysis. |
| ICICI Direct | ₹670 | Bullish outlook reflecting positive performance trends. |
| Axis Securities | ₹590 | Moderate outlook based on current market conditions. |
| Kotak Securities | ₹660 | Favorable view aligned with growth strategies. |
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Key Takeaway
Heritage Foods offers significant long-term investment potential for patient investors. Those who trust in the growing Indian dairy industry and the company’s capabilities can bet on this Share.
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FAQ
What is Heritage Foods share Price target for 2024?
Heritage Foods share Price target for 2024 is ₹630 to ₹640.
What is Heritage Foods share Price target for 2025?
Heritage Foods share Price target for 2025 is ₹840 to ₹850
What is Heritage Foods share Price target for 2030?
Heritage Foods share Price target for 2030 is ₹1875
Why is Heritage Foods share Price falling?
It is normal to correct the share price once it has given very good movement. Correction is always healthy, and then only share price again will start a good movement.
Is Heritage Foods a good buy?
Yes, The Heritage share is good Buy in the zone of ₹400 to ₹500.
Is Heritage Foods debt-free?
Heritage Foods Ltd is an almost debt-free company.
What is the future of Heritage Foods?
With steady expansion plans and a strong brand, Heritage Foods has a good potential to give multi-bagger returns.
What is the prediction of Heritage Foods share price?
The Heritage Foods share price target is a minimum ₹640 to a maximum ₹1875 in upcoming years.
Disclaimer– The views shared here are only for educational purposes. We are not SEBI registered.
Please take advice from your personal finance adviser. We are not responsible for any loss incurred by you in the above shared study.
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