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	Consolidated
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

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	Consolidated	Consolidated
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	10484660000	41345950000
	Other income	65290000	278730000
	Total income	10549950000	41624680000
2	Expenses
(a)	Cost of materials consumed	8599490000	30868500000
(b)	Purchases of stock-in-trade	198200000	745800000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-981320000	-600080000
(d)	Employee benefit expense	807100000	3131910000
(e)	Finance costs	41840000	154320000
(f)	Depreciation, depletion and amortisation expense	178170000	695560000
(f)	Other Expenses
1	Impairment losses	6740000	6740000
2	Other expenses	1055710000	3883390000
3	Share of profit (loss) of associates	15240000	69090000
	Total other expenses	1077690000	3959220000
	Total expenses	9921170000	38955230000
3	Total profit before exceptional items and tax	628780000	2669450000
4	Exceptional items	-87070000	-87070000
5	Total profit before tax	541710000	2582380000
6	Tax expense
7	Current tax	158500000	674040000
8	Deferred tax	1550000	25540000
9	Total tax expenses	160050000	699580000
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	381660000	1882800000
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	381660000	1882800000
17	Other comprehensive income net of taxes	-4830000	-12800000
18	Total Comprehensive Income for the period	376830000	1870000000
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		9255620000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.11	20.29
	Diluted earnings (loss) per share from continuing operations	4.11	20.29
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	4.11	20.29
	Diluted earnings (loss) per share from continuing and discontinued operations	4.11	20.29
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	7410760000
	Capital work-in-progress	679560000
	Investment property	40960000
	Goodwill	0
	Other intangible assets	24060000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	99180000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	157260000
	Total non-current financial assets	256440000
	Deferred tax assets (net)
	Other non-current assets	319980000
	Total non-current assets	8731760000
2	Current assets
	Inventories	3552100000
	Current financial asset
	Current investments	1862160000
	Trade receivables, current	380460000
	Cash and cash equivalents	644760000
	Bank balance other than cash and cash equivalents	51920000
	Loans, current	0
	Other current financial assets	132740000
	Total current financial assets	3072040000
	Current tax assets (net)	43910000
	Other current assets	183590000
	Total current assets	6851640000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	15583400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	463980000
	Other equity	9255620000
	Total equity attributable to owners of parent	9719600000
	Non controlling interest
	Total equity	9719600000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1110260000
	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	353110000
	Total non-current financial liabilities	1463370000
	Provisions, non-current	280580000
	Deferred tax liabilities (net)	287120000
	Deferred government grants, Non-current	67070000
	Other non-current liabilities
	Total non-current liabilities	2098140000
	Current liabilities
	Current financial liabilities
	Borrowings, current	253680000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	113130000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1602020000
	Total Trade payable	1715150000
	Other current financial liabilities	1400000000
	Total current financial liabilities	3368830000
	Other current liabilities	254160000
	Provisions, current	135850000
	Current tax liabilities (Net)
	Deferred government grants, Current	6820000
	Total current liabilities	3765660000
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	5863800000
	Total equity and liabilites	15583400000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Dairy	10345460000	40798660000
2	Renewable energy	18840000	87700000
3	Feed	484920000	1849270000
	Total Segment Revenue	10849220000	42735630000
	Less: Inter segment revenue	364560000	364560000
	Revenue from operations	10484660000	41345950000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Dairy	600360000	2551540000
2	Renewable energy	1150000	24030000
3	Feed	54150000	169190000
	Total Profit before tax	655660000	2744760000
	i. Finance cost	41840000	41840000
	ii. Other Unallocable Expenditure net off Unallocable income	72110000	72110000
	Profit before tax	541710000	2582380000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Dairy	11408350000	11408350000
2	Renewable energy	594370000	594370000
3	Feed	601970000	601970000
	Total Segment Asset	12604690000	12604690000
	Un-allocable Assets	2978710000	2978710000
	Net Segment Asset	15583400000	15583400000
4	Segment Liabilities
	Segment Liabilities
1	Dairy	5341760000	5341760000
2	Renewable energy	102200000	102200000
3	Feed	159910000	159910000
	Total Segment Liabilities	5603870000	5603870000
	Un-allocable Liabilities	259930000	259930000
	Net Segment Liabilities	5863800000	5863800000
	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	Consolidated	Consolidated
	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	-4800000	-12730000
2	(ii) Net gain on fair value through OCI equity securities	-30000	-70000
	Total Amount of items that will not be reclassified to profit and loss	-4830000	-12800000
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	-4830000	-12800000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			2582380000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			148330000
	Adjustments for decrease (increase) in inventories			-932970000
	Adjustments for decrease (increase) in trade receivables, current			-99770000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-126710000
	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			265320000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			283790000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			695560000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			93810000
	Adjustments for provisions, current			66100000
	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)			-233550000
	Other adjustments for non-cash items			-5450000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			69090000
	Total adjustments for reconcile profit (loss)			223540000
	Net cash flows from (used in) operations			2805920000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			666650000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			2139270000
	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			2458730000
	Other cash payments to acquire equity or debt instruments of other entities			2930000000
	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			48010000
	Purchase of property, plant and equipment			1764460000
	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			10000
	Interest received			5290000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-32150000
	Net cash flows from (used in) investing activities	-2289570000
	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			725450000
	Repayments of borrowings			284760000
	Payments of lease liabilities			0
	Dividends paid			231990000
	Interest paid			145060000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-53660000
	Net cash flows from (used in) financing activities			9980000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-140320000
	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			-140320000
	Cash and cash equivalents cash flow statement at beginning of period			785080000
	Cash and cash equivalents cash flow statement at end of period			644760000