The Heritage Group was founded in 1992 by Telugu Desam Party leader and current Chief Minister of Andhra Pradesh Shri Chandrababu Naidu, with three-business divisions viz., Dairy, Retail and Agri under its flagship Company Heritage Foods Limited (HFL),
In the year 1994, HFL went to Public Issue to raise resources, which was oversubscribed 54 times and its shares are listed under B1 Category on BSE.
Heritage is among the leading private sector company by sales and volumes in liquid milk, curd, butter , cheese, butter milk and icecreames. Dairy infrastructure includes 26 sales office, 5750 distributors and 1.15Lakh outlets.
The company had a total revenue of Rs.1722 Cr in FY 2014 and Rs. 2073 Cr in FY 2015. It envisions to have a total revenue of Rs.6000 cr by CY 2020.
In the year 1994, HFL went to Public Issue to raise resources, which was oversubscribed 54 times and its shares are listed under B1 Category on BSE.
Heritage is among the leading private sector company by sales and volumes in liquid milk, curd, butter , cheese, butter milk and icecreames. Dairy infrastructure includes 26 sales office, 5750 distributors and 1.15Lakh outlets.
The company had a total revenue of Rs.1722 Cr in FY 2014 and Rs. 2073 Cr in FY 2015. It envisions to have a total revenue of Rs.6000 cr by CY 2020.
Business across 5 segments
- Dairy
- Retail
- Agri
- Bakery
- Renewable energy
Dairy contributes 72.6% of revenue and Retail contributes 23%.
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