Heritage Foods Limited | 32nd Annual Report 2023-24

10-Year Financial Highlights PARTICULARS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Earnings per share* (`) 6.16 12.11 31.98 6.60 9.12 (17.49) 15.87 11.10 7.19 9.81 Cash earnings per share* (`) 13.60 19.65 11.91 9.71 13.87 11.47 21.17 16.53 13.07 16.11 Book value per share (`) 20.80 25.86 63.92 83.84 86.75 49.82 63.99 71.17 79.39 86.59 Debt: equity ratio## 0.82:1 0.53:1 0.26:1 0.35:1 0.35:1 0.63:1 0.10:1 0.02:1 0.22:1 0.16:1 EBITDA/Turnover (%) 3.96% 5.43% 18.92% 5.77% 7.33% (3.14)% 10.37% 6.74% 4.21% 4.88% Net profit margin (%) 1.36% 2.33% 15.64% 2.58% 3.36% (5.97)% 6.03% 3.84% 2.05% 2.44% RONW (%) 15.17% 25.59% 70.24% 8.81% 10.54% (25.25)% 27.49% 16.18% 9.43% 11.82% Key Indicators PARTICULARS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Turnover 20,730 23,806 18,714 23,440 24,823 26,811 24,070 26,429 32,087 37,343 Other Income 70 66 37 72 111 83 84 103 113 119 Fair value gain on equity securities - - 2,468 3,954 1,311 2,945 - - - - Total income 20,800 23,872 21,219 27,466 26,245 29,839 24,154 26,532 32,200 37,463 EBITDA 821 1,293 3,541 1,353 1,820 (841) 2,497 1,781 1,350 1,821 Depreciation & amortization 340 345 249 370 437 480 441 500 539 584 Finance cost 159 155 96 175 207 208 178 32 32 82 Loss due to changes in fair value of derivative liabilities - - 385 3,870 1,311 5,116 48 - - - Profit before tax 391 860 3,233 881 1,287 (1,447) 1,962 1,352 893 1,274 Provision for taxation 109 306 307 277 452 153 510 337 234 364 Profit after tax (PAT) 282 554 2,926 604 834 (1,600) 1,452 1,015 659 910 Cash profit/(loss) 622 899 1,092 890 1,271 1,051 1,940 1,515 1,197 1,495 Proposed dividend (%) 30 30 40 40 40 50 100 100 50 50 Proposed dividend amount (Incl. tax on dividend) 84 84 112 112 112 112 116 232 232 232 Equity share capital 232 232 232 232 232 232 232 232 464 464 Reserves and surplus 1,698 2,168 5,700 7,548 7,818 4,391 5,706 6,373 6,903 7,571 Net worth 1,930 2,400 5,932 7,780 8,050 4,623 5,938 6,605 7,367 8,035 Gross fixed assets 4,623 5,184 3,050 4,632 5,551 6,318 7,140 7,376 8,292 9,591 Net fixed assets 2,807 3,120 2,874 4,247 4,757 5,156 5,563 5,462 6,011 6,859 (Standalone) (In H Million) Note: *EPS and book value per share have been adjusted for all the years on account of rights issue during the year 2022-23 ##Debt includes non-current and current portion of long-term borrowings, loans repayable on demand, deferred payment liabilities and lease liabilities 36 32ND ANNUAL REPORT 2023-24 | HERITAGE FOODS LTD STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS

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