If you’re interested in investing in Patel Engineering and want to understand its future potential, you’ve come to the right place. We’ll analyze the company’s financial health, industry trends, and competitive landscape to give you a clear picture of its future.
In 2024, following the election results, the political landscape in India has seen significant shifts, which are influencing the stock market.
One of the companies benefitting from this change is Heritage Foods Limited. The share price of Heritage Foods surged from ₹450 to over ₹650 following the election results.
This article provides a detailed analysis of the potential share price targets for Heritage Foods from 2025 to 2050, considering both the company’s financial performance and the political backdrop.
What is Heritage Foods Ltd?
Founded in 1992 by Nara Chandrababu Naidu, the Chief of the Telugu Desam Party, Heritage Foods is a prominent player in India’s dairy industry.
The company is currently led by CEO Sridip Madhavan Keshavan. Heritage Foods manufactures a variety of dairy products such as milk, curd, ice cream, skim milk powder, and flavored milk powder.
Its products are distributed across states including Karnataka, Kerala, Maharashtra, Delhi, and Andhra Pradesh.
In addition to dairy, Heritage Foods also operates in the retail and agricultural sectors. The company has several subsidiaries, including Heritage International Limited, Heritage Agro Marine Private Limited, and Heritage Fintech Limited.
Heritage Foods Current Financial Overview
As of the latest reports, Heritage Foods has a market capitalization of ₹6,136 crores. The company’s face value is ₹5, with a book value of ₹87.1 per share.
The P/E ratio stands at 57.6, with a dividend yield of 0.38%. The company’s return on capital employed (ROCE) is 16.8%, and the return on equity (ROE) is 13.9%. Despite political fluctuations, the company’s financial fundamentals remain strong.
In 2024, Heritage Foods reported a revenue of ₹950 crores, a 16% increase from the previous year, with a net income of ₹40 crores—a 125% increase compared to 2023.
Heritage Foods Share Price Target 2025–2050
Heritage Foods Share Price Target 2025
As of now, the political stability brought by the election results has fueled significant growth for Heritage Foods. By 2025, if the government remains stable and Heritage Foods continues its current financial trajectory, we could see the following price targets:
- First Target: ₹810
- Second Target: ₹860
- Third Target: ₹895
However, if there is any political instability, it may cause fluctuations. The lowest targets based on a potential dip in the political environment are:
- First Target: ₹450
- Second Target: ₹465
- Third Target: ₹480
Heritage Foods Share Price Target 2026
Looking ahead to 2026, if the Modi government continues to provide political stability, Heritage Foods is expected to grow steadily.
The company has seen an average sales growth of 8% over the last decade, with a remarkable 17% growth in the past year. Based on this trend, Heritage Foods’ share price target for 2026 could be:
- First Target: ₹910
- Second Target: ₹935
- Third Target: ₹951
Heritage Foods Share Price Target 2027
Given the historical growth in equity returns, with Heritage Foods delivering 14% equity returns over the past decade, the company may continue to perform well through 2027. The expected share price targets for 2027 are:
- First Target: ₹985
- Second Target: ₹1005
- Third Target: ₹1020
Heritage Foods Share Price Target 2030
If the government remains stable until 2029, Heritage Foods could experience strong growth through 2030. However, a shift in government could lead to a slowdown. The expected price targets for 2030 are:
- First Target: ₹1425
- Second Target: ₹1445
- Third Target: ₹1460
Heritage Foods Share Price Target 2040
If the company continues improving its financials and performs well in the future, Heritage Foods could see significant appreciation by 2040. Potential price targets for 2040 are:
- First Target: ₹2115
- Second Target: ₹2165
- Third Target: ₹2210
Heritage Foods Share Price Target 2050
By 2050, if India continues its trajectory as a global superpower, Heritage Foods could achieve substantial growth. Assuming the company maintains quality and focuses on expanding sales, the share price target could be:
- First Target: ₹4420
- Second Target: ₹4465
- Third Target: ₹4540
Heritage Foods Competitors
- Varun Beverages: With a market cap of over ₹1.97 lakh crores, Varun Beverages is a significant competitor to Heritage Foods, offering a dividend yield of 0.16%.
- Hastun Agro: A company with a market cap of ₹23,000 crores and a PE ratio of 87.12%, also competes in the dairy and agro-food space.
- Bikaji Foods: This company, with a market cap of over ₹17,000 crores, is another competitor, offering a dividend yield of 0.14%.
Other competitors include Zydus Wellness, Mrs Bectors, and LT Foods.
Heritage Foods Shareholders
Understanding who holds shares in Heritage Foods is crucial for investors. The shareholder structure is as follows:
- FIIs: 2.01%
- DIIs: 11.74%
- Promoters: 41.30%
- Public: 44.96%
FAQ (Frequently Asked Questions)
1. What is the Heritage Foods Share Price Target for 2025?
- If the government remains stable, the target for 2025 could range between ₹800 to ₹900.
2. What is the Heritage Foods Share Price Target for 2026?
- The target for 2026 could range between ₹910 and ₹951.
3. What is the Heritage Foods Share Price Target for 2027?
- The target for 2027 could range between ₹985 and ₹1020.
4. What is the Heritage Foods Share Price Target for 2030?
- The target for 2030 could range between ₹1400 and ₹1460.
5. What is the Heritage Foods Share Price Target for 2040?
- The target for 2040 could range between ₹2115 and ₹2210.
6. What is the Heritage Foods Share Price Target for 2050?
- The target for 2050 could range between ₹4420 and ₹4540.
7. Should I Buy Heritage Foods Shares?
- If the current government maintains stability, Heritage Foods may continue to grow, making it a potentially good investment.
Conclusion
In this article, we have analyzed the potential share price targets for Heritage Foods from 2025 to 2050, considering both the company’s financial health and external factors such as political stability.
While the company has shown impressive growth, it is important to continuously monitor its performance and the overall economic and political environment. Always consult a financial advisor before making investment decisions.
For more information on the stock market and related topics, you can visit our website and read other articles for free. Stay updated by following our social media handles.
Disclaimer
The information provided on this website is for entertainment and educational purposes only. Please do your own research and consult a financial advisor before making any investment decisions. We are not responsible for any financial losses.
Read More: Patel Engineering Share Price Target 2025, 2026, 2027, 2030, 2040, 2050!