Heritage Foods sets revenue target of Rs 6,000 crore by 2024

Heritage Foods Ltd. | Consumer Food | FMCG | BSE: 519552 | NSE: HERITGFOOD

21 Jun 2019 Evaluate

Heritage Foods has set a revenue target of Rs 6,000-crore by year 2024 as against year 2022 envisaged earlier. For the financial year 2019 on a consolidated basis, the net turnover of the company grew by 6 percent to Rs 2,515 crore compared to last year.

Heritage Foods (India) operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharastra and has retail stores across Bangalore, Chennai and Hyderabad.

Peers

Company Name	CMP
Nestle India	1369.95
Varun Beverages	413.50
Britannia Industries	4995.55
LT Foods	429.65
Hatsun Agro Product	1314.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.