EID Parry (India) Ltd
EID Parry is engaged in Sugar, Nutraceuticals and ethanol production. It also has a significant presence in the Farm Inputs business including Bio pesticides through its subsidiary, Coromandel International Limited. [1]
- Market Cap ₹ 14,661 Cr.
- Current Price ₹ 826
- High / Low ₹ 880 / 495
- Stock P/E 897
- Book Value ₹ 164
- Dividend Yield 0.48 %
- ROCE 3.69 %
- ROE 3.01 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 73.6%
Cons
- Stock is trading at 5.04 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.77% over past five years.
- Tax rate seems low
- Company has a low return on equity of 7.83% over last 3 years.
- Earnings include an other income of Rs.173 Cr.
- Working capital days have increased from 111 days to 172 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Part of BSE 250 SmallCap Index Nifty 500 Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,992 | 1,782 | 2,081 | 2,601 | 2,248 | 1,921 | 1,845 | 1,875 | 2,024 | 2,489 | 2,895 | 2,809 | 2,891 | |
1,759 | 1,683 | 1,863 | 2,540 | 1,903 | 1,754 | 1,876 | 1,780 | 1,854 | 2,280 | 2,626 | 2,681 | 2,827 | |
Operating Profit | 233 | 99 | 218 | 61 | 345 | 167 | -31 | 94 | 171 | 209 | 268 | 128 | 64 |
OPM % | 12% | 6% | 10% | 2% | 15% | 9% | -2% | 5% | 8% | 8% | 9% | 5% | 2% |
373 | 163 | 171 | 97 | 157 | 126 | 372 | 141 | 1,101 | 269 | 147 | 179 | 173 | |
Interest | 137 | 196 | 151 | 167 | 140 | 113 | 113 | 136 | 93 | 46 | 36 | 44 | 60 |
Depreciation | 108 | 97 | 102 | 112 | 111 | 113 | 114 | 120 | 120 | 120 | 135 | 147 | 161 |
Profit before tax | 361 | -31 | 136 | -122 | 252 | 67 | 114 | -20 | 1,058 | 312 | 245 | 115 | 15 |
Tax % | 8% | -185% | -9% | -24% | -13% | -50% | -43% | -109% | 18% | 9% | 20% | 7% | |
332 | 27 | 148 | -92 | 284 | 101 | 163 | 2 | 865 | 284 | 197 | 107 | 16 | |
EPS in Rs | 18.87 | 1.51 | 8.43 | -5.24 | 16.13 | 5.71 | 9.22 | 0.10 | 48.83 | 15.98 | 11.09 | 6.03 | 0.91 |
Dividend Payout % | 32% | 0% | 36% | 0% | 25% | 53% | 33% | 0% | 0% | 69% | 86% | 66% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 12% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 41% |
5 Years: | -7% |
3 Years: | -31% |
TTM: | -93% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 35% |
3 Years: | 20% |
1 Year: | 68% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 1,329 | 1,262 | 1,352 | 1,265 | 1,460 | 1,620 | 1,696 | 1,696 | 2,576 | 2,742 | 2,864 | 2,902 | 2,891 |
1,834 | 1,977 | 1,845 | 1,319 | 943 | 1,018 | 832 | 1,090 | 603 | 147 | 547 | 1,074 | 754 | |
454 | 573 | 681 | 1,128 | 1,019 | 1,386 | 1,339 | 1,266 | 1,077 | 1,168 | 557 | 673 | 543 | |
Total Liabilities | 3,635 | 3,829 | 3,895 | 3,730 | 3,440 | 4,042 | 3,885 | 4,069 | 4,275 | 4,075 | 3,986 | 4,667 | 4,206 |
1,230 | 1,481 | 1,481 | 1,508 | 1,480 | 1,391 | 1,287 | 1,329 | 1,118 | 1,244 | 1,271 | 1,387 | 1,660 | |
CWIP | 62 | 49 | 24 | 33 | 8 | 5 | 11 | 19 | 112 | 15 | 84 | 284 | 33 |
Investments | 871 | 545 | 683 | 811 | 786 | 878 | 979 | 999 | 1,010 | 1,119 | 992 | 1,074 | 1,057 |
1,472 | 1,754 | 1,708 | 1,378 | 1,166 | 1,768 | 1,607 | 1,722 | 2,034 | 1,698 | 1,639 | 1,922 | 1,457 | |
Total Assets | 3,635 | 3,829 | 3,895 | 3,730 | 3,440 | 4,042 | 3,885 | 4,069 | 4,275 | 4,075 | 3,986 | 4,667 | 4,206 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-93 | 146 | 293 | 945 | 518 | -19 | -4 | -16 | -37 | 439 | -367 | -78 | |
-188 | 143 | -1 | -95 | 27 | 45 | 397 | -32 | 645 | 269 | 76 | -276 | |
261 | -262 | -323 | -808 | -594 | -26 | -393 | 57 | -605 | -690 | 269 | 346 | |
Net Cash Flow | -20 | 27 | -31 | 42 | -48 | -1 | 0 | 10 | 3 | 18 | -21 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 51 | 46 | 36 | 34 | 26 | 32 | 32 | 36 | 21 | 26 | 31 |
Inventory Days | 228 | 319 | 285 | 147 | 187 | 316 | 258 | 274 | 252 | 207 | 185 | 222 |
Days Payable | 71 | 116 | 131 | 173 | 72 | 163 | 108 | 125 | 80 | 72 | 54 | 64 |
Cash Conversion Cycle | 197 | 253 | 201 | 9 | 150 | 178 | 182 | 180 | 208 | 157 | 157 | 190 |
Working Capital Days | 157 | 148 | 109 | -47 | -20 | -21 | 0 | 30 | 116 | 44 | 117 | 172 |
ROCE % | 9% | 4% | 9% | 2% | 15% | 10% | 7% | 4% | 14% | 12% | 12% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Transcript of Q2 FY25 earnings conference call.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
15 Nov - Loss of share certificate for shareholder Ashok V Doshi.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
15 Nov - Audio recording link for Q2 financial results conference call.
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Announcement under Regulation 30 (LODR)-Change in Management
14 Nov - Appointment of Mr. V R Chandrasekar as IT head.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Nov 2024TranscriptPPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT REC
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Feb 2024TranscriptPPTREC
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Nov 2023TranscriptPPTREC
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Aug 2023TranscriptPPT
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Jun 2023Transcript PPT
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Feb 2023TranscriptPPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptPPT
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May 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Jan 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Dec 2019TranscriptNotesPPT
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Oct 2019TranscriptPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
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Jan 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Aug 2018TranscriptPPT
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May 2018TranscriptPPT
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Jan 2018TranscriptPPT
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Oct 2017TranscriptPPT
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May 2017TranscriptPPT
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Jan 2016TranscriptPPT
Part of Murugappa Group
The company is part of the Murugappa group of companies, which is a 123-year-old conglomerate with a presence across India and the world with diverse businesses in agriculture, engineering, financial services, and more. [1]