Heritage Foods Limited

rs,,

To The Secretary BSE Limited Phiroze Jeejeebhoy Towers,, Dalal Street, Mumbai - 400 001 To The Manager, Listing Department, National Stock Exchange of

11%

2 Q4 & FY25 Financial Highlights 3 Q4FY25: Overview Procurement volumes peaked to 1.76 MLPD (11%) and procurement prices increased to Rs 42.9/L (3.1% higher), however FY25, average prices declined

Rs 42.9

Q4FY25: Overview Procurement volumes peaked to 1.76 MLPD (11%) and procurement prices increased to Rs 42.9/L (3.1% higher), however FY25, average prices declined 3.7% YoY to INR 41.7/litre, driven by impr

3.1%

rview Procurement volumes peaked to 1.76 MLPD (11%) and procurement prices increased to Rs 42.9/L (3.1% higher), however FY25, average prices declined 3.7% YoY to INR 41.7/litre, driven by improved sou

3.7%

nd procurement prices increased to Rs 42.9/L (3.1% higher), however FY25, average prices declined 3.7% YoY to INR 41.7/litre, driven by improved sourcing efficiencies and favorable flush season availabi

INR 41.7

nt prices increased to Rs 42.9/L (3.1% higher), however FY25, average prices declined 3.7% YoY to INR 41.7/litre, driven by improved sourcing efficiencies and favorable flush season availability Milk Sales

1.16 million

mproved sourcing efficiencies and favorable flush season availability Milk Sales volumes peaked to 1.16 million liters per day (MLPD) up 4.5% YoY, The average selling price increased to ₹55.6/litre from ₹54.8/li

4.5%

rable flush season availability Milk Sales volumes peaked to 1.16 million liters per day (MLPD) up 4.5% YoY, The average selling price increased to ₹55.6/litre from ₹54.8/litre last year, reflecting st

₹55.6

es peaked to 1.16 million liters per day (MLPD) up 4.5% YoY, The average selling price increased to ₹55.6/litre from ₹54.8/litre last year, reflecting stable market positioning and pricing strength. Val

₹54.8

million liters per day (MLPD) up 4.5% YoY, The average selling price increased to ₹55.6/litre from ₹54.8/litre last year, reflecting stable market positioning and pricing strength. Value-Added Products

19.3%

ng stable market positioning and pricing strength. Value-Added Products (VAP) segment, achieving a 19.3% increase in revenues, reaching Rs. 3,362 million. The contribution of VAP to total revenue rose to

Rs. 3,362 million

ing strength. Value-Added Products (VAP) segment, achieving a 19.3% increase in revenues, reaching Rs. 3,362 million. The contribution of VAP to total revenue rose to 32.5%, up from 30.1% in Q4 FY24. When includin

“PERCENTAGE OF DIVIDEND OF FACE VALUE 100% 100% 30% 30% 40% 40% 40% 50% 50% 50% 50% FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 31 "At Heritage, we transcend the identity of a dairy company, embodying the essence of a progressive FMCG brand.”

Factors Driving VAP growth

1

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% 23-25% 9-12% 28 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 Centre 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 29 “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 Whole Time Director 30 Focussed