CM Chandrababu Naidu's wife gains Rs 121,19,77,740 in just 1 day from this FMCG stock; Stock jumps over 10% with spurt in volume!

On Thursday, the Indian stock market was in red with the Sensex & the Nifty-50 indices up over 0.35 per cent each. Along with the market in green, one stock from the FMCG sector jumped over 10 per cent to an intraday high of Rs 541.60 per share. The stock’s 52-week high is Rs 658 per share and its 52-week low is Rs 355.55 per share. The shares of the company saw a spurt in volume by more than 10 times.

The FMCG stock name is backed by CM Chandrababu Naidu's wife, Bhuvaneswari Nara is Heritage Foods Ltd. CM Chandrababu Naidu's wife, Bhuvaneswari Nara holds 2,26,11,525 shares or 24.37 per cent stake in the company as of June 2025. In just 1 day, her portfolio gains Rs 1,21,19,77,740 (2,26,11,525 shares x 53.6 per share gain today).

About the Company

Heritage Foods Ltd, established in 1992, is a prominent player in India's dairy sector, particularly dominant in South India. The company boasts an impressive capacity to process 2.78 million litres of milk daily, offering a diverse range of over 418 distinct dairy products. These products are distributed through a robust network of distributors, exclusive Heritage distribution centres and Heritage parlours, ensuring wide market reach. Beyond its core dairy operations, Heritage Foods Ltd has diversified into renewable energy and animal feed production, showcasing a broader business strategy. As the flagship company of the Hyderabad-based Heritage group, founded by Mr Nara Chandra Babu Naidu, Heritage Foods Ltd is a well-integrated entity with a strong presence in multiple segments.

In the first quarter of fiscal year 2026, Heritage Foods Limited achieved a record quarterly revenue of Rs 1,136.8 crore, extending its streak of double-digit revenue growth for the third straight quarter.

A significant contributor to this success was its value-added products (VAPs), which generated over Rs 454 crore, representing more than 40 per cent of the total revenue and a 7.4 per cent increase from the previous year, despite difficult weather. The company's milk procurement also grew by 10 per cent year-on-year to 17.8 lakh liters per day, sourced from over 3 lakh farmers.

Financially, Heritage Foods posted an EBITDA of Rs 73.9 crore and a Profit After Tax (PAT) of Rs 40.5 crore. The company also strengthened its position in Heritage Novandie Foods Private Ltd (HNFPL) by increasing its stake to 94.4 per cent.

Looking forward, the company is aligning with its Vision 2030, with a new ice cream plant set to begin operations by the end of 2025. Its animal nutrition division, Heritage Nutrivet Ltd, also performed well, with a 26 per cent year-on-year revenue increase and a 130 per cent rise in Profit Before Tax (PBT). The company has ambitious plans for its yoghurt business, aiming to increase production to 2 tons per day within a year and 10 tons per day over three years. Celebrating its 34th anniversary, Heritage Foods is focusing on reducing its working capital cycle to under 20 days and improving margins, backed by strong consumer loyalty in its key markets.

The company has a market cap of over Rs 5,000 crore with a PE of 26x, an ROE of 20 per cent and an ROCE of 25 per cent. The stock is up over 50 per cent from its 52-week low of Rs 355.55 per share.

Disclaimer: The article is for informational purposes only and not investment advice.