Heritage Foods was founded with a singular purpose: to create and share wealth ethically within the farming community through a structured and sustainable approach.
At its inception, the farming community was fragmented, lacking guidance and a unified voice.
Today, I am proud to say that we have successfully fulfilled our mission by staying true to our vision of fostering economic growth and empowering farmers.
As trustees, we pledge to uphold our moral compass, ensuring it always points to the true north, as we continue this journey of ethical and inclusive prosperity.
Smt. Bhuvaneswari Nara
Vice Chairperson & Managing Director
Smt. Bhuvaneswari Nara
Particulars | FY24 | FY23 | FY22 |
---|---|---|---|
Equity and Liability | |||
Equity Share Capital | 464 | 464 | 232 |
Reserve and Surplus | 7,618 | 6,795 | 6,344 |
Shareholders Fund | 8,082 | 7,259 | 6,576 |
Minority Interest | 0 | 0 | 0 |
Total Equity | 8,082 | 7,259 | 6,576 |
Non-Current Liabilities | |||
Long-term Borrowings | 1,095 | 332 | 127 |
Deferred Tax Liabilities (Net) | 261 | 247 | 239 |
Other Long-term Liabilities & Provisions | 302 | 266 | 259 |
Total Non-Current Liabilities | 1,659 | 846 | 624 |
Current Liabilities | |||
Short-term Borrowings | 226 | 1,348 | 66 |
Trade Payables | 1,450 | 770 | 519 |
Short Term Provisions | 108 | 90 | 83 |
Other Current Liabilities | 1,287 | 938 | 1,158 |
Total Current Liabilities | 3,071 | 3,146 | 1,826 |
Assets | |||
Non-Current Assets | |||
Property, Plant and Equipment | 6,968 | 6,133 | 5,705 |
Capital WIP | 201 | 199 | 74 |
Intangible Assets & Investment Property | 76 | 84 | 95 |
Investment in Associate & JV | 177 | 144 | 174 |
Financial Assets | 115 | 107 | 67 |
Other Non-current Assets | 25 | 50 | 4 |
Total Non-Current Assets | 7,561 | 6,717 | 6,118 |
Current Assets | |||
Inventories | 2,619 | 3,789 | 2,058 |
Investments | 1,222 | 0 | 0 |
Trade Receivables | 287 | 280 | 185 |
Cash & Bank Balances | 838 | 192 | 356 |
Loans | 0 | 0 | 1 |
Other Current Assets | 283 | 271 | 307 |
Total Current Assets | 5,250 | 4,533 | 2,908 |
Total Assets | 12,811 | 11,250 | 9,026 |