Heritage Foods Ltd

[mmvravindra]

Please checkout my post in Hatsun thread
“Comparison of Heritage and Hatsun on some specific aspects.”

Hatsun Agro: Arokya milk for your good health!

Here is my comparison of Hatsun and Heritage on some specific aspects. A. Depreciation Hatsun FY16 FY17 FY18 FY19 Net fixed assets 647 991 1217 1408 Depreciation 107 143 174 201 % of Depreciation 16.5% 14.4% 14.3% 14.3% Heritage FY16 FY17 FY18 FY19 Net fixed assets 312 296 433 476 Depreciation 35 25 38 47 % of Depreciation 11.2% 8.4% 8.8% 9.9% Why Hatsun depreciation is 15% while Heritage is less than 10%. What kind of assets depreciate at 15%. Here is wh…