E.I.D.-PARRY (INDIA) LTD.: Less than 10 PE

 Video: https://www.youtube.com/watch?v=3PUzzPM2_Xk&pp=ygURZWlkIHBhcnJ5IHJvdW5hcSA%3D

  • 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

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