ScoutQuest23 Oct 2026
Heritage Foods519552Subsidiary merged

Heritage Foods Ltd press release

Heritage Foods Limited has approved the amalgamation of its wholly owned subsidiary Heritage Novandie Foods Limited, which operates its Livo yogurt production, with Heritage Foods Limited, announced on 23 October 2026 (reported earlier).

By ScoutQuest · · 1 min read

39.6%+5.9 pp
H1 FY2633.7%H1 FY2739.6%
VAP contribution to dairy revenue: 33.7% (H1 FY26) and 39.6% (H1 FY27). A difference of 5.9 percentage points.
VAP share of dairy revenue, Q2 FY27
35.4% in Q2 FY27
VAP share of dairy revenue, H1 FY27
39.6% in H1 FY27
VAP contribution target
approximately 50% over the next three years
Release
Deal / acquisition

_Business-line figures · Q2 & H1 FY27_

📊 Value-added products' contribution to dairy revenue, excluding ghee and butter, reached 35.4% in Q2 FY27 and 39.6% in H1 FY27, compared with 31.3% and 33.7% in the corresponding periods last year, the company says.

📌 Heritage Foods says it aims to increase VAP contribution to approximately 50% over the next three years.

🎯 The company says the proposed amalgamation of Heritage Novandie Foods is intended to simplify the group structure by eliminating an additional legal entity and reducing duplicative statutory, regulatory and administrative requirements.

📌 The company says Livo ranks among India's #5 yogurt brands.

More numbers
  • VAP contribution to dairy revenue, Q2 FY2735.4%
  • VAP contribution to dairy revenue, H1 FY2739.6%
  • VAP contribution to dairy revenue, Q2 FY2631.3%
  • VAP contribution to dairy revenue, H1 FY2633.7%
  • Target VAP contribution to dairy revenueapproximately 50%
Source: BSE · 23 Oct 2026

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