EID Parry (India) Ltd

EID Parry (India) Ltd

₹ 959 -2.30%
20 Dec - close price
About

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]

Key Points

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]

  • Market Cap 17,033 Cr.
  • Current Price 959
  • High / Low 998 / 539
  • Stock P/E 23.2
  • Book Value 418
  • Dividend Yield 0.42 %
  • ROCE 20.3 %
  • ROE 13.5 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 41.2% CAGR over last 5 years

Cons

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
6,978 6,529 5,666 7,146 11,326 9,914 6,860 7,026 9,059 7,770 5,557 6,747 9,330
6,233 5,915 5,050 6,453 10,378 9,013 6,245 6,363 8,006 7,358 5,098 6,279 8,372
Operating Profit 746 613 616 693 948 901 615 664 1,053 412 459 468 959
OPM % 11% 9% 11% 10% 8% 9% 9% 9% 12% 5% 8% 7% 10%
26 29 91 105 30 -59 5 -11 151 41 123 60 69
Interest 42 38 38 45 79 87 87 82 74 53 86 84 94
Depreciation 82 84 88 88 92 91 105 94 101 112 113 117 123
Profit before tax 648 521 581 665 807 664 428 477 1,029 288 382 327 811
Tax % 27% 24% 26% 26% 30% 27% 33% 32% 24% 25% 23% 31% 27%
470 395 429 494 565 482 287 325 782 217 294 226 592
EPS in Rs 13.75 12.85 17.05 15.57 13.60 14.13 10.08 6.13 25.48 6.66 12.41 5.14 17.21
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
11,383 12,114 13,952 15,358 14,391 15,373 16,556 17,129 18,556 23,521 35,244 29,413 29,404
10,356 11,212 12,938 14,517 12,965 14,068 15,105 15,242 16,467 21,146 32,088 26,825 27,107
Operating Profit 1,027 902 1,014 841 1,426 1,305 1,450 1,887 2,089 2,375 3,156 2,588 2,297
OPM % 9% 7% 7% 5% 10% 8% 9% 11% 11% 10% 9% 9% 8%
95 105 105 179 159 150 83 129 17 240 83 304 294
Interest 388 465 420 451 417 336 425 430 236 152 298 295 317
Depreciation 215 226 244 250 248 251 272 319 332 334 376 421 466
Profit before tax 519 315 455 319 920 868 837 1,266 1,539 2,129 2,564 2,175 1,808
Tax % 30% 31% 39% 45% 23% 40% 48% 30% 35% 26% 29% 26%
363 219 276 175 708 517 438 889 1,000 1,574 1,828 1,618 1,328
EPS in Rs 11.77 4.44 6.64 1.96 29.61 14.45 8.67 26.43 25.26 51.12 53.37 50.68 41.42
Dividend Payout % 74% 62% 89% 0% 14% 21% 35% 0% 0% 22% 18% 8%
Compounded Sales Growth
10 Years: 9%
5 Years: 12%
3 Years: 17%
TTM: -11%
Compounded Profit Growth
10 Years: 28%
5 Years: 41%
3 Years: 23%
TTM: -26%
Stock Price CAGR
10 Years: 17%
5 Years: 37%
3 Years: 29%
1 Year: 70%
Return on Equity
10 Years: 13%
5 Years: 15%
3 Years: 16%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 2,415 2,399 2,209 2,370 2,733 2,952 3,110 3,502 4,565 5,308 6,067 7,040 7,406
5,199 4,288 4,823 5,144 3,923 4,470 5,125 4,347 1,229 1,259 1,618 1,740 1,714
4,802 4,954 5,849 6,600 6,691 7,088 7,649 7,069 7,444 9,358 11,076 12,688 12,822
Total Liabilities 12,433 11,659 12,899 14,131 13,364 14,528 15,901 14,936 13,257 15,943 18,778 21,487 21,959
3,851 3,788 3,476 3,343 3,297 3,197 3,077 3,858 3,583 3,763 3,889 4,896 5,472
CWIP 489 163 75 77 39 54 203 85 206 160 486 520 197
Investments 180 358 369 688 569 430 418 413 453 563 609 1,275 1,329
7,914 7,350 8,979 10,022 9,459 10,847 12,203 10,579 9,014 11,456 13,794 14,796 14,962
Total Assets 12,433 11,659 12,899 14,131 13,364 14,528 15,901 14,936 13,257 15,943 18,778 21,487 21,959

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
838 1,591 222 437 1,969 259 -52 1,986 4,771 2,278 359 1,972
-956 -260 -307 -192 -148 13 -357 -282 -548 -1,732 487 -1,740
-503 -1,263 -142 -221 -1,842 42 34 -1,769 -3,598 -499 -184 -497
Net Cash Flow -621 68 -227 23 -21 314 -375 -65 625 47 661 -265

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 65 52 45 49 47 43 46 45 17 9 8 23
Inventory Days 118 123 138 124 127 134 175 131 112 111 81 112
Days Payable 122 128 141 145 170 174 172 141 124 114 84 122
Cash Conversion Cycle 61 48 42 27 4 3 49 35 6 6 5 12
Working Capital Days 108 73 84 88 87 90 115 104 60 41 39 42
ROCE % 11% 9% 11% 9% 16% 16% 14% 18% 21% 26% 27% 20%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
44.66% 44.64% 44.61% 44.56% 44.55% 44.55% 44.52% 44.52% 42.24% 42.24% 42.24% 42.23%
8.21% 8.76% 10.21% 11.51% 11.65% 11.27% 10.40% 9.03% 8.71% 8.85% 10.22% 10.66%
4.10% 4.26% 4.45% 4.46% 4.44% 4.92% 4.76% 4.52% 4.92% 11.88% 12.45% 13.29%
43.04% 42.34% 40.73% 39.46% 39.36% 39.26% 40.32% 41.94% 44.12% 37.04% 35.09% 33.83%
No. of Shareholders 69,72975,30376,12178,19482,50379,93788,1421,07,6401,08,2461,07,0111,18,9281,26,722

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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