Heritage Foods Limited

rs,

Ref: SECT: STOC: 07-25 22nd January, 2025 To The Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 To The Manager, Listing Department, National Stock Exchange of

1.5 million

d milk products, such as Curd, Ghee, Paneer, flavored milk, among others, are consumed by more than 1.5 million households in 17 states across India. Heritage Foods enjoys strong brand affinity with its consum

0.3 million

its product authenticity, quality and freshness. It also enjoys long-term relationships with over 0.3 million farmers and has a vast distribution network across the country, comprising 7,200+ distributors an

11.70 MW

and agents. The Company is ESG responsible and has a total renewable energy generation capacity of 11.70 MW from both Solar and Wind for captive consumption within its dairy factories. HERITAGE FOODS LIMI

12.6%

Q3 and 9MFY25 Financial Highlights 3 Q3FY25: Overview Procurement volumes peaked to 1.84 MLPD (12.6%) and procurement prices dropped favorably to Rs 41.9/L (2.7% lower), but higher than Q2 by Rs.1.66

Rs 41.9

erview Procurement volumes peaked to 1.84 MLPD (12.6%) and procurement prices dropped favorably to Rs 41.9/L (2.7% lower), but higher than Q2 by Rs.1.66/Lt. Milk Sales volumes peaked to 1.17 million Lt per

2.7%

curement volumes peaked to 1.84 MLPD (12.6%) and procurement prices dropped favorably to Rs 41.9/L (2.7% lower), but higher than Q2 by Rs.1.66/Lt. Milk Sales volumes peaked to 1.17 million Lt per Day (ML

Rs.1.66

(12.6%) and procurement prices dropped favorably to Rs 41.9/L (2.7% lower), but higher than Q2 by Rs.1.66/Lt. Milk Sales volumes peaked to 1.17 million Lt per Day (MLPD) up 6.08% YoY, but registered a mino

1.17 million

avorably to Rs 41.9/L (2.7% lower), but higher than Q2 by Rs.1.66/Lt. Milk Sales volumes peaked to 1.17 million Lt per Day (MLPD) up 6.08% YoY, but registered a minor dip in avg selling price to Rs. 54.64/L fro

6.08%

, but higher than Q2 by Rs.1.66/Lt. Milk Sales volumes peaked to 1.17 million Lt per Day (MLPD) up 6.08% YoY, but registered a minor dip in avg selling price to Rs. 54.64/L from Rs. 55/L, due to mix chan

Rs. 54.64

to 1.17 million Lt per Day (MLPD) up 6.08% YoY, but registered a minor dip in avg selling price to Rs. 54.64/L from Rs. 55/L, due to mix change. Value-Added Products (VAP) segment, achieving a 17.6% increase

Rs. 55

t per Day (MLPD) up 6.08% YoY, but registered a minor dip in avg selling price to Rs. 54.64/L from Rs. 55/L, due to mix change. Value-Added Products (VAP) segment, achieving a 17.6% increase in revenues, r

“This segment now contributes 33.5% to total revenue in Q3 FY25, compared to 31.0% in Q3FY24.”

About Heritage Foods Limited

1

Factors Driving VAP growth

1

About Heritage Foods Limited

Heritage Foods Limited (NSE: HERITGFOOD; BSE: 519552), founded in the year 1992, is one of the India's leading value-added and branded dairy products companies. Heritage Foods' milk and milk products, such as Curd, Ghee, Paneer, flavored milk, among others, are consumed by more than 1.5 million households in 17 states across India. Heritage Foods enjoys strong brand affinity with its consumers and is primarily known for its product authenticity, quality and freshness. It also enjoys long-term relationships with over 0.3 million farmers and has a vast distribution network across the country, comprising 7,200+ distributors and agents. The Company is ESG responsible and has a total renewable energy generation capacity of 11.70 MW from both Solar and Wind for captive consumption within its dairy factories. HERITAGE FOODS LIMITED CIN: L15209TG1992PLC014332 AN ISO: 22000 CERTIFIED COMPANY Regd. Off: H.No. 8-2-293/82/A/1286 , Plot No. 1286, Road No. 1 & 65, Jubilee Hills, Hyderabad - 500033,

Factors Driving VAP growth

✓ Urbanisation ✓ Unorganised to Organised shift in the sector ✓ Higher disposable income Industry Growth potential (By Category): Category Organised Market Share CAGR ( next 7 years) ICE CREAM CURD PANEER GHEE 40% 14% 4% 18-19% 18-20% 21-23% 14-16% 9-12% 31 Digitally Enabled Operations 1 2 DMS 3 Customer Live Application helps streamline sales and costs attributable while creating a responsible and accountable support environment at Heritage DIGIT Centres Distributor Management System helps streamlining the primary and secondary sales process from Agent level up to the counter sales level in an authentic manner Heritage VET+ is a one- stop solution for milch animal management. It provides virtual primary veterinary care, nutrition and best practices in dairy management 32 “We prioritize the highest standards of quality in every product we produce, ensuring that our consumers receive only the best, fresh, and nutritious dairy options.” Dr. M. Sambasiva Rao President 33 Focussed on Share