HERITGFOOD

What Heritage Foods promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 24 tracked 5 delivered 7 missed 12 open
  • Value-Added Products Revenue Growth delivered said Q2 FY25 Promised: high teens or even 20%, 21% Q1 FY27: VAP revenue grew an exceptional 40% year-on-year, significantly exceeding the 'high teens' target.
  • EBITDA Margin missed said Q2 FY25 Promised: 7% to 8% (Long-term) Q1 FY27: EBITDA margin stood at 4.6%, remaining significantly below the original 7-8% target, the revised 7-9% range, and even the 'bad year' floor of 6.5-7%.
  • Overall Volume Growth at risk said Q3 FY26 Promised: 10% to 11% for operating leverage to kick in Q1 FY27: While VAP volume growth was strong, stagnant liquid milk volume growth puts the overall 10-11% target required for operating leverage at risk.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 24 tracked commitments for Heritage Foods — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens