Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 98 Value Added Products Turnover Renewable Energy Vertical: Your Renewable Energy Division strongly recognizes the responsibility towards protecting the environment. As a forward- looking enterprise, it is strongly committed to extending our ‘Green’ footprint. In line with this thinking, the division has 10.50 MW Renewable Energy Capacity i.e. 4.20 MW Solar Power and 6.30 MW Wind Power in the states of Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu and Karnataka for the captive consumption: ` 90 Million Revenue from Renewable Energy 10.50 MW Renewable Energy Capacity Heritage Nutrivet Limited To enhance presence in the Indian Market, the Company has one wholly owned Subsidiary viz. Heritage Nutrivet Limited, located in Hyderabad, dealing with Animal Nutrition, and one of the leading Live Stock Feed & Feed Supplements players in Southern and Western India covering over 0.3 million farmers spread across five states viz., Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Maharastra. During FY 2021-22 the Company achieved Sales turnover of ` 946 Million and profit before tax of ` 16 Million. Heritage Novandie Foods Private Limited With an eye on the fast-growing value-added dairy segment, the Company has established a Joint Venture Company namely, Heritage Novandie Foods Private Limtied (HNFPL) to manufacture and market various types of Fruit Yoghurt and other dairy products in India. The HNFPL had started the commercial production on February 16, 2021 and launched French Yoghurt brand ‘Mamie Yova’ in India. HNFPL is hoping to woo Indian consumers with its fruit-based yogurt and aims to have a strong presence across 8-10 key cities in the next two years. Financial Overview The Company has created significant wealth for its members as it continues to maintain its growth momentum to become a nationally recognized brand for healthy and fresh products. Given below is the Company’s performance for the last five years in various parameters. Net worth Trend: The net worth of the Company for the last five years is as follows. Revenue Trend The revenue for the last five years is as follows. Dividend Payment History The Dividend and the payout ratio computed on consolidated profits have remained high. The dividend payout ratio in last five years. Earnings per Share Earnings per share (EPS) (Equity Shares of the face value of ` 5/- each)