Heritage Foods Ltd inaugurates new Ice Cream Manufacturing Facility at Shamirpet, Near Hyderabad, Telangana

Heritage Foods Limited (BSE: 519552; NSE: HERITGFOOD), a leading dairy company offering a wide range of milk and value-added dairy products, today announced the inauguration of its new greenfield Ice cream manufacturing facility at Shamirpet, near Hyderabad, Telangana. The facility has been developed as part of the company's strategy to strengthen its value-added dairy portfolio and cater to the rapidly growing demand for premium ice cream products.

The state-of-the-art facility is equipped with modern automated production systems and advanced quality control infrastructure to ensure consistent product quality and operational efficiency.

The plant has an installed production capacity of approximately 24 million litres per annum, with scalability provisions to expand capacity in line with future demand growth.

Heritage Foods' Ice cream business currently generates annual revenues of approximately ₹100 crore, and the commissioning of the Shamirpet facility significantly enhances the company's ability to scale operations up to five times the current level over the next seven to eight years in the ice cream category.

Strategic Rationale

The commissioning of the Shamirpet ice cream facility is expected to strengthen Heritage Foods' growth trajectory through the following strategic advantages:

- Expansion in Value-Added Dairy Portfolio: The facility reinforces Heritage's focus on high-margin value-added dairy products, particularly ice cream and desserts, which are witnessing strong consumer demand across urban and semi-urban markets.

- Enhanced Manufacturing Capacity: The new facility significantly enhances Heritage's manufacturing footprint, enabling the company to cater to growing regional demand and support future product innovation.

- Advanced Manufacturing Infrastructure: The Shamirpet plant is equipped with modern production lines, automated filling and packaging systems and stringent quality assurance processes, ensuring consistent product quality and scalable operations.

- Strengthening Distribution Reach: The facility will support the company's expanding distribution network across South and Western India, enabling faster supply & improved serviceability.

- Strong Growth Tailwinds: India's ice cream market is witnessing strong structural growth driven by rising disposable incomes, premiumisation trends, and increasing consumption of packaged dairy products.

Commenting on the inauguration, Mrs. N Bhuvaneswari, Vice-Chairperson & Managing Director from Heritage Foods Limited said: "The commissioning of our Shamirpet ice cream manufacturing facility marks an important milestone in Heritage Foods' growth journey. As consumer demand for high-quality ice creams continues to expand, this facility will enable us to scale our operations, introduce innovative products, and strengthen our presence in key markets while maintaining the quality and trust associated with the Heritage brand."

Shares of Heritage Foods Limited was last trading in BSE at Rs. 321.25 as compared to the previous close of Rs. 308.50. The total number of shares traded during the day was 33598 in over 969 trades.

The stock hit an intraday high of Rs. 323.70 and intraday low of 300.70. The net turnover during the day was Rs. 10560772.00.

Source : Equity Bulls

Keywords

HeritageFoods INE978A01027 IceCream NewManufacturingFacility Shamirpet Telangana