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Heritage Foods ‘s Q2 Report: Revenue Rises by 4.19% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 4.19 % in the past year, decrease in net sales/revenue by -1.27 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 203.06 %. Marginal increase in other income during this quarter, up by 35.95%.
  • Profit over the Year and quarter: Significant improvement in profitability for Heritage Foods Limited. Notable increase of 116.96 % in net profit Year to Year, Heritage Foods Limited’s profitability dropped by -16.77 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 116.53 % Year to Year. EPS decreased by -16.83 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Heritage Foods Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 978.552 Cr Rs. 1032.671 Cr Rs. 1019.523 Cr -1.27 % + 4.19 %
Expenses Rs. 933.1 Cr Rs. 938.86 Cr Rs. 936.28 Cr -0.27 % + 0.34 %
Operating Profit Rs. 45.45 Cr Rs. 93.81 Cr Rs. 83.24 Cr -11.27 % + 83.15 %
OPM % 4.64 % 9.08 % 8.16 % -0.92 % + 3.52 %
Other Income Rs. 1.798 Cr Rs. 4.008 Cr Rs. 5.449 Cr + 35.95 % + 203.06 %
Interest Rs. 1.54 Cr Rs. 3.41 Cr Rs. 3.87 Cr + 13.49 % + 151.3 %
Depreciation Rs. 15.03 Cr Rs. 16.63 Cr Rs. 17.35 Cr + 4.33 % + 15.44 %
Profit before tax Rs. 30.68 Cr Rs. 77.78 Cr Rs. 67.47 Cr -13.26 % + 119.92 %
Tax % 25.57 % 24.88 % 27.93 % + 3.05 % + 2.36 %
Net Profit Rs. 22.41 Cr Rs. 58.43 Cr Rs. 48.63 Cr -16.77 % + 117 %
EPS in Rs Rs. 2.42 Rs. 6.3 Rs. 5.24 -16.83 % + 116.53 %


Today, we’re looking at Heritage Foods Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 4.19 %. However, it did see a marginal slip of -1.27 % from the previous quarter. Expenses decreased slightly by -0.27 % quarter-on-quarter, aligning with the annual rise of 0.34 %. Operating profit, while up 83.15 % compared to last year, faced a quarter-on-quarter dip of -11.27 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.52 %, but a shrinkage of -0.92 % sequentially. Other income rose by 35.95 % compared to the last quarter, despite an annual growth of 203.06 %. Interest expenses surged remarkably by 13.49 % from the previous quarter, yet the year-over-year increase remains at a moderate 151.3 %. Depreciation costs climbed by 4.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.44 %. Profit before tax grew annually by 119.92 % but saw a reduction from the preceding quarter by -13.26 %.
Tax expenses as a percentage of profits increased slightly by 2.36 % compared to last year, with a more notable quarter-on-quarter increase of 3.05 %. Net profit rose by 117 % year-on-year but witnessed a -16.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 116.53 % but a quarterly fall of -16.83 %. In summary, Heritage Foods Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 978.552 Cr Rs. 1032.671 Cr Rs. 1019.523 Cr -1.27 % + 4.19 %
Expenses Rs. 933.1 Cr Rs. 938.86 Cr Rs. 936.28 Cr -0.27 % + 0.34 %
Operating Profit Rs. 45.45 Cr Rs. 93.81 Cr Rs. 83.24 Cr -11.27 % + 83.15 %
Net Profit Rs. 22.41 Cr Rs. 58.43 Cr Rs. 48.63 Cr -16.77 % + 117 %
EPS in Rs Rs. 2.42 Rs. 6.3 Rs. 5.24 -16.83 % + 116.53 %


In reviewing Heritage Foods Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.19 % year-on-year growth, although there was a slight dip of -1.27 % from the previous quarter. Expenses rose by 0.34 % compared to the previous year, with a decrease of -0.27 % quarter-on-quarter. Operating Profit surged by 83.15 % annually, and saw a -11.27 % decrease from the last quarter.
Net Profit showed yearly increase of 117 %, and experienced a -16.77 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 116.53 % annually, however dipped by -16.83 % compared to the last quarter. In essence, while Heritage Foods Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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