Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 99 Key Financial Highlights for FY 2021-22 The following information is the standalone information of your company and it should be read in conjunction with the financial statements and related notes for the financial year ended March 31, 2022. Overview of Standalone Financial Results Particulars 2021 - 22 2020 - 21 FY 2022 Vs 2021 ` In Millions % of Revenue ` In Millions % of Revenue % of Growth Net Sales 26404.91 99.91 24067.87 99.99 9.71 Other operating income 24.30 0.09 2.42 0.01 904.13 Total Revenue 26429.21 100.00 24070.29 100.00 9.80 Less: Total Expenditure 24556.70 92.91 21525.36 89.43 14.08 Add: Other Income 103.14 0.39 84.07 0.35 22.68 Profit before Interest, Depreciation and Tax 1975.65 7.48 2629.00 10.92 (24.85) Less: Finance costs 32.01 0.12 178.48 0.74 (82.07) Depreciation & Amortisation 499.64 1.89 440.54 1.83 13.42 Profit before tax and exceptional items 1444.00 5.46 2009.98 8.35 (28.16) Less: Exceptional items (91.40) (0.35) 0.00 0.00 0.00 Profit before tax and FVTPL 1352.60 5.12 2009.98 8.35 (32.71) Loss due to changes in the FVTPL equity securities 0.00 (48.12) Profit before tax 1352.60 5.12 1961.86 8.15 (31.06) Less: Current tax 343.01 500.37 Less: Deferred tax (5.75) 9.85 Profit after tax 1015.34 3.84 1451.64 6.03 (30.06) Standalone Segment results: Particulars 2021 - 22 2020 - 21 FY 2022 Vs 2021 ` In Millions % of Revenue ` In Millions % of Revenue % of Growth 1. Total Revenue a. Dairy 26413.02 24064.96 9.76 b. Renewable energy 90.03 68.83 30.80 c. Others - - Total (a+b+c) 26503.05 24133.79 9.82 2. Inter-segment Revenue a. Dairy - - b. Renewable energy 73.84 63.50 16.28 c. Others - - Total (a+b+c) 73.84 63.50 16.28 3. External Revenue (Incl other operating income) a. Dairy 26413.02 24064.96 9.76 b. Renewable energy 16.19 5.33 203.74 c. Others - - Total (a+b+c) 26429.21 24070.29 9.80 4. Segment Results (Profit (+) / (Loss) (-) before tax and finance costs) a. Dairy 1361.42 5.15 2184.94 9.08 (37.69) b. Renewable energy 37.30 41.43 28.75 41.77 29.74 c. Others (0.31) - Total (a+b+c) 1398.41 5.29 2213.69 9.20 (36.83) Less: Finance Cost 32.01 178.48 Loss due to changes in the FVTPL equity securities - 48.12 Others 32.06 30.60 Add: Interest income 6.82 5.37 Gain on investments 11.44 - Total Profit before Tax 1352.60 5.12 1961.86 8.15 (31.06) MDA