HERITAGEFOODS / guidance tracker

Keep management guidance in view.

Heritage Foods · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Capex of ~₹200 crore for FY27

Primarily for expanding paneer and ghee capacity, plus regular maintenance capex.

capex

VAP contribution to increase 2-2.5% per year

Target to reach 50% of revenue in ~4 years, driven by premiumization and new products.

growth

Ice cream facility utilization 35-40% in first year

New Hyderabad plant; full utilization expected in 6-7 years with 20-25% annual growth.

growth

Median EBITDA margin target of ~9%

Aiming to improve median margin from ~7% to high single digits through VAP mix and operating leverage.

margins