EID Parry FY26 profit hit by Q4 loss, refinery closure

E.I.D. - Parry (India) Limited reported a consolidated net profit of ₹56,954 lakh for the fiscal year ended March 31, 2026, despite recording a net loss of ₹33,330 lakh in the fourth quarter. The company's total revenue from operations for FY26 stood at ₹38,53,408 lakh. The Q4 loss was attributed to exceptional items and a significant loss of ₹293 crore in refinery operations, which the management is in the process of closing. The Board of Directors approved the audited financial results on May 26, 2026.

Financial Performance

For the full year, the company posted a basic earnings per share (EPS) of ₹32.03, while diluted EPS was ₹31.91. In Q4FY26, both basic and diluted EPS were negative at ₹(18.74). On a standalone basis, the company reported a net loss of ₹70,828 lakh for FY26, compared to a net loss of ₹23,170 lakh in the previous year. Standalone revenue increased to ₹3,12,026 lakh from ₹81,367 lakh in the corresponding quarter of the previous year.

Metric	Quarter Ended 31.03.2026	Year Ended 31.03.2026	Quarter Ended 31.03.2025
Total Revenue from operations	7,88,233	38,53,408	6,81,112
Net Profit / (Loss) after taxes	(33,330)	56,954	28,652
Basic EPS (₹)	(18.74)	32.03	16.14

Operational Highlights

During the quarter, the company crushed 17.75 lakh metric tons (LMT) of cane with a recovery rate of 11.19%. Sugar production was 1.74 LMT, and sales volume reached 97,000 MT, including 6,000 MT of exports. Revenue from the sugar segment was ₹466 crore. Co-gen operations generated 1,499 lakh units, exporting 845 lakh units at a tariff of ₹4.57 per unit, contributing ₹66 crore in revenue. Distillery operations produced 452 lakh liters, with sales of 404 lakh liters, generating ₹275 crore in revenue.

Strategic Developments

Management highlighted that global sugar markets are softening, with prices correcting due to a shift to surplus conditions. Domestically, sugar production estimates for SY 2025-26 are at 31 MMT. The company is focusing on cost and efficiency in its core sugar and biofuel operations. The Consumer Product Group (CPG) is recalibrating its strategy towards higher-margin sweeteners and value-added products, aiming for a 30% gross margin level. The refinery operations at PSRIPL are being closed, with SEZ exit formalities expected to be completed by September 30, 2026. The company has infused approximately ₹600 crore into PSRIPL to meet loan obligations, which are scheduled to be fully repaid by June 30, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.09%	-3.12%	-8.88%	-33.14%	-26.89%	+65.25%

E.I.D.-Parry (India) Limited has announced an Analyst and Investor Call scheduled for Wednesday, May 27, 2026, to discuss the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held via conference call at 11:00 hrs IST and is open to all investors, financial institutions, and analysts.

Conference Call Details

The interaction is pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has clarified that no unpublished price sensitive information will be shared during the call. The management team, including Mr. Muthiah Murugappan, Whole Time Director & CEO, will lead the discussion.

Parameter	Details
Date	Wednesday, May 27, 2026
Time	11:00 hrs (IST)
Mode	Conference Call
Participants	Open to investors and analysts
Access Numbers	+91 22 6280 1384, +91 22 7115 8285

International Dial-in Timings

International participants can join the call according to the following schedule:

Hong Kong: 13:30 (HKT)
Singapore: 13:00 (SGT)
UK: 06:30 (BST)
USA: 01:30 (EDT)

Participants are requested to dial in at least 5-10 minutes prior to the scheduled start time. The intimation was signed by Biswa Mohan Rath, Company Secretary, on May 18, 2026.