EID Parry
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
E.I.D.-Parry's management is actively pursuing growth through significant investments in product development and registrations, which could enhance revenue streams in the coming years. Their focus on operational efficiency and strategic capital allocation, particularly in the Consumer Packaged Goods (CPG) segment, is expected to drive margins despite current pressures from rising cane costs and a softening global sugar market. The anticipated government support for ethanol blending is a critical factor that could bolster capacity utilization and profitability. Vista's financial outlook reflects stable revenue growth aligned with historical performance, although margins are projected to remain under pressure due to external market dynamics. The company's strong balance sheet supports its strategic initiatives, while the current valuation appears fair relative to intrinsic value. Over the next 12-24 months, key opportunities include the successful launch of new products and the expansion of the CPG segment, while watchpoints include the impact of export restrictions and fluctuating input costs on profitability
Why We Like This Stock
- Management's proactive investment in product development is expected to drive future revenue growth
- Government support for ethanol blending could enhance capacity utilization and profitability
- The company's strong balance sheet provides a solid foundation for strategic initiatives
Things To Watch Out For
- Rising cane costs and a softening global sugar market are exerting pressure on margins
- Export restrictions and geopolitical uncertainties may limit market opportunities
- Dependence on related party transactions could impact pricing power and margins
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 29,413 | 31,609 | 38,534 | 37,970 | 43,159 |
| Profit Before Tax (Cr.) | 2,136 | 1,999 | 2,579 | 2,421 | 2,786 |
| PBT Margin | 7.3% | 6.3% | 669.3% | 6.4% | 6.5% |
| Net Profit (Cr.) | 1,588 | 1,448 | 1,615 | 1,815 | 1,254 |
| Earnings Per Share | 48.9 | 31.1 | 45.2 | 61.2 | 70.5 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
E.I.D.- Parry (India) Limited, together with its subsidiaries, engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally. The company offers sugar for use in food, bakery, confectioneries, beverage, and pharmaceutical industries; and grains, such as millets and dhals, as well as rice. It also provides nutraceuticals products, such as organic spirulina and chlorella, carotenoid, astaxanthin, and lutein and zeaxanthin; and distillery products, including extra neutral alcohol, ethanol, etc. In addition, the company offers generates and sells approximately 140 MW of power for state electricity grids and private energy. E.I.D.- Parry (India) Limited was founded in 1788 and is headquartered in Chennai, India.