Integrated Filing — IndAS

General information about company
Scrip Code	519552
NSE Symbol	HERITGFOOD
MSEI Symbol	NOTLISTED
ISIN	INE978A01027
Name of company	Heritage Foods Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	16-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	05-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	16-May-2025   14:30:00
End date and time of board meeting	16-May-2025   16:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2024-05-25
Indicate Company website link for updated RPT policy of the Company	https://www.heritagefoods.in/policy
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
There are no such instances during the reporting period

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	10347620000	40804810000
	Other income	58850000	272840000
	Total income	10406470000	41077650000
2	Expenses
(a)	Cost of materials consumed	8375000000	29981810000
(b)	Purchases of stock-in-trade	419030000	1554960000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-977670000	-589620000
(d)	Employee benefit expense	773240000	3019090000
(e)	Finance costs	41030000	150230000
(f)	Depreciation, depletion and amortisation expense	172030000	671570000
(f)	Other Expenses
1	Impairment losses	6740000	6740000
2	Other expenses	1010350000	3714510000
	Total other expenses	1017090000	3721250000
	Total expenses	9819750000	38509290000
3	Total profit before exceptional items and tax	586720000	2568360000
4	Exceptional items	-234850000	-234850000
5	Total profit before tax	351870000	2333510000
6	Tax expense
7	Current tax	142900000	625110000
8	Deferred tax	3870000	27580000
9	Total tax expenses	146770000	652690000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	205100000	1680820000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	205100000	1680820000
17	Other comprehensive income net of taxes	-4630000	-12610000
18	Total Comprehensive Income for the period	200470000	1668210000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	463980000	463980000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		9007220000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.21	18.11
	Diluted earnings (loss) per share from continuing operations	2.21	18.11
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.21	18.11
	Diluted earnings (loss) per share from continuing and discontinued operations	2.21	18.11
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	6998870000
	Capital work-in-progress	679560000
	Investment property	40960000
	Goodwill	0
	Other intangible assets	20670000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	425880000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	154240000
	Total non-current financial assets	580120000
	Deferred tax assets (net)
	Other non-current assets	319980000
	Total non-current assets	8640160000
2	Current assets
	Inventories	3421020000
	Current financial asset
	Current investments	1706560000
	Trade receivables, current	375190000
	Cash and cash equivalents	632790000
	Bank balance other than cash and cash equivalents	51910000
	Loans, current	0
	Other current financial assets	131960000
	Total current financial assets	2898410000
	Current tax assets (net)	43050000
	Other current assets	177460000
	Total current assets	6539940000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	15180100000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	463980000
	Other equity	9007220000
	Total equity attributable to owners of parent	9471200000
	Non controlling interest
	Total equity	9471200000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1089180000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	338420000
	Total non-current financial liabilities	1427600000
	Provisions, non-current	275640000
	Deferred tax liabilities (net)	264940000
	Deferred government grants, Non-current	66070000
	Other non-current liabilities
	Total non-current liabilities	2034250000
	Current liabilities
	Current financial liabilities
	Borrowings, current	252760000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	98510000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1558390000
	Total Trade payable	1656900000
	Other current financial liabilities	1380260000
	Total current financial liabilities	3289920000
	Other current liabilities	247630000
	Provisions, current	130360000
	Current tax liabilities (Net)
	Deferred government grants, Current	6740000
	Total current liabilities	3674650000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	5708900000
	Total equity and liabilites	15180100000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Dairy	10345460000	40798660000
2	Renewable energy	18840000	87700000
	Total Segment Revenue	10364300000	40886360000
	Less: Inter segment revenue	16680000	16680000
	Revenue from operations	10347620000	40804810000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Dairy	600360000	2551540000
2	Renewable energy	1150000	24030000
	Total Profit before tax	601510000	2575570000
	i. Finance cost	41030000	41030000
	ii. Other Unallocable Expenditure net off Unallocable income	208610000	208610000
	Profit before tax	351870000	2333510000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Dairy	11408350000	11408350000
2	Renewable energy	594370000	594370000
	Total Segment Asset	12002720000	12002720000
	Un-allocable Assets	3177380000	3177380000
	Net Segment Asset	15180100000	15180100000
4	Segment Liabilities
	Segment Liabilities
1	Dairy	5341760000	5341760000
2	Renewable energy	102200000	102200000
	Total Segment Liabilities	5443960000	5443960000
	Un-allocable Liabilities	264940000	264940000
	Net Segment Liabilities	5708900000	5708900000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	(i) Re-measurement loss on defined benefit plan, net of tax	-4610000	-12540000
2	(ii) Net gain on fair value through OCI equity securities	-20000	-70000
	Total Amount of items that will not be reclassified to profit and loss	-4630000	-12610000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-4630000	-12610000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			2333510000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			144670000
	Adjustments for decrease (increase) in inventories			-928840000
	Adjustments for decrease (increase) in trade receivables, current			-94740000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-124930000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			276420000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			276550000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			671570000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			241590000
	Adjustments for provisions, current			62400000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			10000
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-194630000
	Other adjustments for non-cash items			-39740000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			290310000
	Net cash flows from (used in) operations			2623820000
	Dividends received			10000
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			621910000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			2001920000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			2316560000
	Other cash payments to acquire equity or debt instruments of other entities			2730000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			75000000
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			48060000
	Purchase of property, plant and equipment			1712530000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			5100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-30980000
	Net cash flows from (used in) investing activities	-2178790000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			703450000
	Repayments of borrowings			247570000
	Payments of lease liabilities			231990000
	Dividends paid			141230000
	Interest paid			0
	Income taxes paid (refund)			53520000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			29140000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-147730000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-147730000
	Cash and cash equivalents cash flow statement at beginning of period			780520000
	Cash and cash equivalents cash flow statement at end of period			632790000