Un-Audited Financial Results (Standalone & Consolidated) as per Ind-AS for the Quarter ended June 30, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 16 Jul 2026, 04:24 PM IST · BSE ID: ff46ac24-4b2f-4415-9b71-c6358124dccf
View Original BSE Filing (PDF)
💡
In Simple Terms
Heritage Foods reported its latest quarterly financial results and announced plans to increase ownership in two of its subsidiaries.
🤖 AI Summary
- Heritage Foods reported standalone net profit of Rs. 247.70 million for Q1 FY27.
- Consolidated net profit stood at Rs. 248.18 million for the quarter ended June 30, 2026.
- Company to increase equity stake in Peanutbutter and Jelly Limited from 51% to 71%.
- Company to acquire remaining 5.60% equity in Heritage Novandie Foods Limited, reaching 100% ownership.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from Operations (Q1 FY27)
Rs. 12,917.51 million
Standalone Profit for the Period (Q1 FY27)
Rs. 247.70 million
7.5%
Consolidated Revenue from Operations (Q1 FY27)
Rs. 13,380.91 million
Consolidated Profit for the Period (Q1 FY27)
Rs. 248.18 million
4.6%
🏢 How This Affects the Company
Increasing stake in Peanutbutter and Jelly Limited and full acquisition of Heritage Novandie Foods Limited confirms deeper integration of these subsidiaries into Heritage Foods' operations. This aligns segment reporting with business strategy.
The acquisitions will lead to full consolidation of Heritage Novandie Foods Limited's financials, potentially impacting consolidated revenue and profit lines. The financial outlay for these stake increases is not disclosed in this filing.
Full ownership of Heritage Novandie Foods Limited will streamline operational control and decision-making within that subsidiary. Enhanced stake in Peanutbutter and Jelly Limited provides greater control over its business direction.
The increased ownership consolidates exposure to the business risks of these subsidiaries. The filing does not provide details on the financial terms of the acquisitions.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
Shareholders are indirectly affected by the company's financial performance and strategic decisions regarding subsidiary ownership, which aims to enhance consolidated control and potential future profitability.
🔍
Management Signal
The management's decision to increase stakes in key subsidiaries signals a strategy of deeper integration and consolidation of its business operations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of definitive terms for the subsidiary stake acquisitions.
Q2 FY27 financial results — observe sustained profit growth.
Updates on the integration of Heritage Novandie Foods Limited as a wholly-owned subsidiary.
LOW RISK
No immediate financial risks are indicated in the filing; acquisitions are subject to standard conditions.
💡 Investor Takeaway
Heritage Foods reported standalone net profit of Rs. 247.70 million for Q1 FY27, a 7.5% increase from Rs. 230.44 million in Q1 FY26. Consolidated net profit reached Rs. 248.18 million, up 4.6% YoY. The company is increasing its stake in PBJL to 71% and HNFL to 100%.
⚖️ Strengths & Concerns
✅ Positives
- Standalone profit for the period increased to Rs. 247.70 million in Q1 FY27, up from Rs. 230.44 million in Q1 FY26.
- Consolidated profit for the period rose to Rs. 248.18 million in Q1 FY27, compared to Rs. 237.24 million in Q1 FY26.
⚠️ Concerns
- Standalone other income decreased to Rs. 62.88 million in Q1 FY27, down from Rs. 56.89 million in Q4 FY26.
- Consolidated other income declined to Rs. 64.09 million in Q1 FY27, from Rs. 60.39 million in Q4 FY26.
📅 Company Track Record
Heritage Foods reported a standalone net profit of Rs. 1,397.01 million and declared a Rs. 2.50 dividend for FY26. Q4 FY26 PAT dropped 37% YoY to INR 239 million despite 10% revenue growth.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Heritage Foods' standalone net profit for Q1 FY27?
Heritage Foods reported a standalone net profit of Rs. 247.70 million for the quarter ended June 30, 2026.
What was Heritage Foods' consolidated net profit for Q1 FY27?
Heritage Foods' consolidated net profit for the quarter ended June 30, 2026, was Rs. 248.18 million.
What is Heritage Foods' increased stake in Peanutbutter and Jelly Limited?
Heritage Foods will increase its equity stake in M/s. Peanutbutter and Jelly Limited from 51% to 71%.
What is Heritage Foods' new ownership in Heritage Novandie Foods Limited?
Heritage Foods will acquire the remaining 5.60% equity stake in M/s. Heritage Novandie Foods Limited, increasing its ownership from 94.40% to 100%.
What was Heritage Foods' standalone revenue from operations in Q1 FY27?
Heritage Foods' standalone revenue from operations for the quarter ended June 30, 2026, was Rs. 12,917.51 million.
Questions based on this BSE filing only. For information purposes.