Heritage Foods
 | |
| Formerly | Heritage Foods (India) Limited (1992–2013) |
|---|---|
| Company type | Public |
| NSE: HERITGFOOD BSE: 519552 | |
| Industry | Dairy and agribusiness |
| Founded | 5 June 1992 |
| Founder | Nara Chandrababu Naidu |
| Headquarters | Hyderabad, Telangana, India |
Key people | Nara Brahmani (Executive Director) Sambasiva Rao (President) |
| Revenue |  ₹3,805 crore (US$450 million) (2024)[1] |
| ₹113 crore (US$13 million) (2024)[1] | |
| Owner | Nara family |
Number of employees | 3000+ |
| Website | www |
Heritage Foods Limited is an Indian private sector dairy enterprise, operating primarily in South India. It has its headquarters in Hyderabad, India.
History
The Heritage Group was founded in 1992 by Telugu Desam Party chief and current Chief Minister of Andhra Pradesh, Nara Chandrababu Naidu, with three-business divisions viz., dairy, retail and agri under Heritage Foods Limited (HFL), one infrastructure subsidiary – Heritage Infra Developers Limited and other associate companies viz., Heritage Finlease Limited, Heritage International Limited and Heritage Agro Marine Private Limited.[2][3]
In 1994, HFL went public with an initial public offering, which was oversubscribed 54 times. Its shares are listed on BSE and NSE.[4]
Products
Heritage's products include milk, curd, ice cream, buttermilk, flavored milk, dairy whitener, skim milk powder, along with fruits, vegetables, bakery products and private label products like cereals, pulses, staples, and spices.
References
- ^ a b "Heritage Foods Profit & Loss".
- ^ "Heritage Foods plans to raise Rs 100 crore". livemint.com. The Wall Street Journal. 16 November 2007.
- ^ K V Ramana (7 December 2006). "Naidu family gets into retail". The Times of India. Times Internet Limited.
- ^ "Stock Share Price | Get Quote | BSE". bseindia.com. Retrieved 4 January 2020.
Further reading
- "INDIA: Heritage Foods given purchase approval". just-food.com. 24 April 2006.[dead link]
- "Heritage Foods Q3 net up 32 pc". The Hindu Business Line. 31 October 2003. – plants commissioned by the company in 2003
- "INDIA: Heritage Foods buys Maharashtra dairy". just-food.com. 10 September 2007. Archived from the original on 15 September 2007. Retrieved 13 September 2007.