Heritage Foods reported resilient Q3 FY26 revenue of ₹11,192 million, up ~8% YoY, despite elevated procurement costs and adverse weather conditions. VAP volumes grew strongly with strategic pricing. Looking ahead, improving milk availability and a stronger value-added portfolio position the business for sustained growth. Ice cream facility additions are expected to support future profitability. The company acquired a 51% stake in Peanutbutter & Jelly Pvt. Ltd, owner of Get-A-Way Ice creams.
Q3 FY26 Overview
Heritage Foods reported a resilient Q3 FY26 with revenues reaching ₹11,192 million, reflecting an approximate 8% year-over-year increase. This performance occurred despite challenges such as elevated procurement costs and unfavorable weather impacting consumption. The company’s operational agility and diversified portfolio supported both milk and Value-Added Products (VAP) momentum.
Financial Highlights
Here’s a quick look at the consolidated financial performance for Q3 and 9MFY26:
- Revenue: Increased to ₹11,192 million in Q3FY26 from ₹10,339 million in Q3FY25. For 9MFY26, revenue reached ₹33,684 million compared to ₹30,861 million in 9MFY25.
- EBITDA: Stood at ₹629 million in Q3FY26. For 9MFY26, the figure was ₹2,134 million.
- PAT: Reached ₹346 million in Q3FY26. The 9MFY26 PAT amounted to ₹1,256 million.
Segment Performance
- Milk Revenue: Increased to ₹6,296 million in Q3FY26.
- VAP Revenue: Reached ₹3,271 million in Q3FY26.
Strategic Updates and Future Outlook
The company is focused on strategic pricing and optimized sales mix to support profitability. Brand campaigns and expanding distribution are reinforcing consumer loyalty. The company acquired a 51% controlling stake in Peanutbutter & Jelly Pvt. Ltd, owner of Get-A-Way Ice creams, with an option to acquire an additional 20% stake post March 2026. Ongoing formalization in the dairy market and upcoming capacity additions, including the ice cream facility, are expected to support growth and profitability.
Heritage Nutrivet Limited
Dr. Brij Mohan was appointed as Chief Executive Officer of Heritage Nutrivet Limited. In Q3 FY26, feed volumes grew 34% YoY and 13% QoQ, with Revenues up 27% YoY and 11% QoQ, reflecting sustained demand and strong execution.
Source: BSE
