Heritage Foods Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	45,260	41,346	37,939	32,407	26,813
Revenue Growth (YoY)	9.47%	8.98%	17.07%	20.86%	8.42%
Cost of Revenue	34,653	31,214	30,233	26,299	20,935
Gross Profit	10,607	10,132	7,706	6,108	5,878
Selling, General & Admin	3,311	3,400	2,754	2,202	1,883
Other Operating Expenses	4,628	3,367	2,811	2,474	2,029
Operating Expenses	8,748	7,462	6,173	5,237	4,434
Operating Income	1,859	2,670	1,533	870.33	1,444
Interest Expense	-172.22	-148.55	-84.69	-32.19	-35.02
Interest & Investment Income	-	5	4.72	3.97	4.5
Earnings From Equity Investments	-13.12	-69.09	-65.43	-85.23	-60.34
Currency Exchange Gain (Loss)	-	0.12	0.03	0.02	0.03
Other Non Operating Income (Expenses)	242.3	26.2	18.87	17.97	21.11
EBT Excluding Unusual Items	1,916	2,484	1,406	774.87	1,374
Gain (Loss) on Sale of Investments	-	169.03	37.61	26.22	12.07
Gain (Loss) on Sale of Assets	-	32.95	26.64	23.37	31.24
Asset Writedown	-6.12	-16.15	-19.84	-7.03	-18.6
Other Unusual Items	101.35	-87.07	-	-	-91.4
Pretax Income	2,011	2,582	1,451	817.43	1,307
Income Tax Expense	509.8	699.58	385.38	237.67	342.21
Earnings From Continuing Operations	1,501	1,883	1,065	579.76	965.21
Net Income to Company	1,501	1,883	1,065	579.76	965.21
Minority Interest in Earnings	-	-	-	-	0.48
Net Income	1,501	1,883	1,065	579.76	965.69
Net Income to Common	1,501	1,883	1,065	579.76	965.69
Net Income Growth	-20.26%	76.71%	83.78%	-39.96%	-35.60%
Shares Outstanding (Basic)	93	93	93	92	46
Shares Outstanding (Diluted)	93	93	93	92	46
Shares Change (YoY)	-0.25%	-	1.27%	97.50%	-
EPS (Basic)	16.22	20.29	11.48	6.33	20.81
EPS (Diluted)	16.22	20.29	11.48	6.33	20.81
EPS Growth	-20.06%	76.71%	81.48%	-69.60%	-35.60%
Free Cash Flow	-1,452	374.81	2,626	-1,439	1,014
Free Cash Flow Per Share	-15.69	4.04	28.30	-15.70	21.86
Dividend Per Share	2.500	2.500	2.500	2.500	5.000
Dividend Growth	-	-	-	-50.00%	-
Gross Margin	23.44%	24.51%	20.31%	18.85%	21.92%
Operating Margin	4.11%	6.46%	4.04%	2.69%	5.38%
Profit Margin	3.32%	4.55%	2.81%	1.79%	3.60%
Free Cash Flow Margin	-3.21%	0.91%	6.92%	-4.44%	3.78%
EBITDA	2,669	3,291	2,073	1,373	1,922
EBITDA Margin	5.90%	7.96%	5.46%	4.24%	7.17%
D&A For EBITDA	809.83	621.35	540.47	502.54	477.69
EBIT	1,859	2,670	1,533	870.33	1,444
EBIT Margin	4.11%	6.46%	4.04%	2.69%	5.38%
Effective Tax Rate	25.35%	27.09%	26.56%	29.07%	26.17%
Revenue as Reported	45,502	-	-	32,527	26,926
Advertising Expenses	-	1.63	1.85	1.73	2.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.