E.I.D.-PARRY (INDIA) LTD: Business of Sugar

 Video: https://youtu.be/3PUzzPM2_Xk?si=CevVclExPTbDf2lQ

When you study a particular industry, trying understanding who are the leading players, what is the valuation levels for the leading players

When a sector is down, it is best time to enter companies that are leaders and have huge margin of safety

  • Business of Sugar
  • E.I.D. Parry has six sugar factories having a capacity to crush 40,300 Tonnes of Cane per day, generate 140 MW of power and five distilleries having a capacity of 417 KLPD
  • Sugar Strategy-  Maximize realisation from sugar  
    • Loose Sugar- @ Rs 33-35   and brands charge upto  Superior Health Benefit:  @ Rs.120
    • Upgrade consumers to higher price points and larger brands 
    • First mover with entry barrier on both sides of the spectrum  
  • Focus in South India 
    • ➢ Presence in 78000 outlets (direct presence) as of Mar’23 from 38000 a year earlier  
  • Q1
    • PAT:  324.90 Vs  494.19
    • FY23 PAT:  1,827.74
    • Finance costs:  298.20     FY23
  • Petrol blended with 20% Ethanol has been rolled-out in select petrol pumps across 11 states in Feb 2023  
  • E.I.D.PARRY (INDIA) Limited Owns  56.27%  in  COROMANDEL INTERNATIONAL which is 15000 cr

Thank you for contacting Rounaq! 

Please let us know how we can help you. 


Have you subscribed to my channel yet ?

Book your consultation: https://topmate.io/rounaq_bakshi
NISM-Series-XV: Research Analyst Certified 
Waheguru

Comments

Post a Comment

Popular posts from this blog

Poonawalla Fincorp: I love stocks at 52L

https://youtube.com/shorts/kEd4ftcXaV4?si=8FpeXOzf0qyTs_Mo   Poonawalla Fincorp: I love stocks at 52L AUM up 52% YoY to ₹26,972 crore PPoP at ₹432 crore in Q1FY25, up 47% YoY and 6% QoQ  Assets:  ➢ Assets Under Management (AUM) stood at ₹26,972 crore, up 52% YoY and 8% QoQ  ➢ AUM Mix consist of 35% MSME finance, followed by 28% personal and consumer finance, 17% loan against property and 14% pre-owned car.   Asset Quality:  ➢ Gross NPA at 0.67%, lower 75bps YoY and 49bps QoQ  ➢ Net NPA at 0.32%, lower 44bps YoY and 27bps QoQ  ➢ Provision Coverage Ratio stood at 52.53%   Profitability:  ➢ Operating Profit (PPOP) was ₹432 crore, up 47% YoY and 6% QoQ  ➢ Profit After Tax (PAT) was ₹292 crore, up 46% YoY  ➢ Return on Assets (RoA) stood at 4.62%  ➢ Net Interest Income (inc. fees and other income) was ₹676 crore, up 42% YoY and 5% QoQ
Read more

Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing

  https://youtu.be/mD2k0HOpAxo?si=8H1ue9mw316h2wYr Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing Unlike conventional metal cylinders, type 4four cylinders are entirely corrosion-resistant, lighter by seventy percent, and can accommodate three times more gas.  Constructed from carbon composite with a polymer liner, they boast exceptional safety features. The move signifies Confidence Group’s commitment to spearheading the global energy transition towards a cleaner and greener future.  By prioritizing innovation and environmental stewardship, the company aims to revolutionize the hydrogen storage industry and promote sustainable energy solutions. As reported by The Hitavada, through this venture into the green hydrogen market, Confidence Group aims to position itself as a leader in providing solutions that expedite the adoption of renewable energy sources.  These cylinders will play a pivotal role in the efficient storage and transportation of green ...
Read more

Fund Name Motilal Oswal NASDAQ Q 50 ETF

https://youtube.com/shorts/32bjjjgYaTc?si=anr8AuA1mUIcavcf Fund Name Motilal Oswal NASDAQ Q 50 ETF About Nasdaq Q 50 Index The Nasdaq Q-50 Index is designed to measure the performance of 50 of the largest Nasdaq-listed nonfinancial companies outside of the Nasdaq-100 Index Exposure to next-generation of innovators The Nasdaq Q-50 Index (NXTQ) tracks the performance of the 50 securities that are next eligible for inclusion into the Nasdaq 100 Index (NDX). The index deploys the proven methodology behind the time tested Nasdaq 100 Index, with its emphasis on innovation and growth.  The key benefit of the Nasdaq Q-50 is diversification into additional disruptive companies beyond the established, mega cap and large cap leaders in the Nasdaq 100.  Stock Selection: Top 50 companies that are not part of NASDAQ 100 Index are included, in the Index, but with acute focus on the next generation of market leadership Weighting: The index stocks are weighted by modified float adjusted market...
Read more