EID Parry
808.30
+18.20(+2.30%)
Market Cap₹14,377.45 Cr
PE Ratio6.38
IndustryChemicals
Company Performance:
1D+2.30%
1M-6.77%
6M-24.69%
1Y+3.07%
5Y+140.71%
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More news about EID Parry
17Nov 25
E.I.D.-Parry Navigates Mixed Q2 Results Amid Sugar Industry Headwinds
EID Parry's Q2 results show flat sugar segment revenue at INR 368 crores, while consumer products declined 30% to INR 169 crores. Distillery operations performed well with revenue of INR 292 crores, up 3.9%. The company faced challenges including reduced ethanol allocations and additional cane price burdens. Strategies include focusing on value-added consumer products, maintaining ethanol capacity utilization, and seeking policy revisions for the sugar industry.
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11Nov 25
EID Parry India Reports Strong Q2 FY2026 Performance with 39% Jump in Net Profit
EID Parry, a leading Indian sugar manufacturer, has announced strong financial results for Q2 FY2026. Net profit increased by 39% to ₹424.41 crore, while revenue grew by 29.30% to ₹8,723.70 crore compared to the same quarter last year. EBITDA saw a significant rise of 69.54% to ₹895.00 crore, and operating profit surged by 72.18% to ₹805.30 crore. The company's performance demonstrates robust growth across key financial metrics, indicating strong demand and effective operational management.
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24Oct 25
EID Parry Secures Stock Exchange Approval for Promoter Declassification
EID Parry (India) Limited has received approval from BSE and NSE to declassify Coromandel Engineering Company Limited (CECL) and Yanmar Coromandel Agrisolutions Private Limited (YCAS) from its promoter group. The approval process began on August 29, 2025, with formal application submitted on September 24, 2025, and approval granted on October 24, 2025. The declassification was approved under SEBI Regulation 31A, with BSE and NSE issuing no-objection letters. This action may impact the company's ownership structure and voting rights, requiring compliance with subsequent disclosures of material events.
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24Sept 25
E.I.D.- Parry Seeks Declassification of Two Promoter Group Companies
EID Parry has applied to BSE and NSE for the declassification of Coromandel Engineering Company Limited (CECL) and Yanmar Coromandel Agrisolutions Private Limited (YCAS) from its promoter category. Both entities currently hold zero equity shares in EID Parry. The application is made under SEBI's LODR Regulations, seeking 'no-objection' from the stock exchanges. This move is part of EID Parry's corporate restructuring process to simplify its promoter structure.
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23Sept 25
E.I.D. Parry Dissolves Wholly Owned Subsidiary Alimtec S.A.
EID Parry (India) Limited has announced the dissolution of its wholly owned subsidiary, Alimtec S.A., effective September 22, 2025. The company received a dissolution certificate from the competent authority on September 23, 2025. Alimtec S.A. had ceased operations since March 20, 2023, and had not contributed any revenue or income to EID Parry during the last financial year. The dissolution is expected to have minimal financial impact on the company. This action follows the board's approval to sell the subsidiary's assets in August 2023 and complies with SEBI regulations.
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17Sept 25
E.I.D. Parry Receives De-classification Request from Yanmar Coromandel Agrisolutions
Yanmar Coromandel Agrisolutions Private Limited (YCAS) has formally requested to be removed from EID Parry's promoter and promoter group category. This follows a change in Coromandel International Limited's shareholding in YCAS, which dropped from 40% to 10.60% after a capital injection by Yanmar Asia. YCAS currently holds zero shares in EID Parry. The request requires approval from EID Parry's Board and no-objection from stock exchanges.
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22Aug 25
EID Parry CEO Muthu Murugappan Shares Insights on Family Business Legacy Amid Credit Rating Changes
Muthu Murugappan, CEO of EID Parry and fifth-generation member of the Murugappa group, shared insights on leading a family business legacy. He emphasized the importance of hands-on experience and active involvement in executive roles. The discussion comes as EID Parry faces a credit rating downgrade by Crisil Ratings. The company's long-term bank loan rating was lowered to Crisil AA-/Stable from Crisil AA/Stable, reflecting lower-than-expected performance and profitability pressures in key segments. Murugappan highlighted the challenges of managing both business decisions and family relationships in a family enterprise.
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13Aug 25
E.I.D. Parry Reports Mixed Q1 Results: Sugar Revenue Declines, Distillery Performance Improves
EID Parry, a leading sugar industry player, reported mixed Q1 results. Sugar segment revenue fell 14% to INR 347.00 crores due to lower release quota. Sugar sales volume decreased to 84,000 metric tons, but average selling price improved to INR 41.99/kg. Consumer Products Group saw 11% revenue decline. Distillery operations improved with sales of 413 lakh litres and increased revenue to INR 296.00 crores. Refinery subsidiary turned profitable with INR 67.00 lakhs PBT. Management highlighted good monsoon conditions for cane crop prospects and continued focus on biofuels and bioenergy space.
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06Aug 25
EID Parry Reports Threefold Jump in Quarterly Profit Driven by Farm Inputs Division
EID Parry has reported a substantial increase in its financial performance for the quarter. The company's consolidated net profit nearly tripled to ₹246.30 crore from ₹91.30 crore year-over-year. Revenue from operations grew by 29% to ₹8,723.70 crore, while operating profit surged 67% to ₹806.00 crore. The Farm Inputs Division was the primary growth driver, with profit before interest and tax reaching ₹741.00 crore. Sugar operations narrowed its loss to ₹30.00 crore. EID Parry has also launched a premium range of super grains to enter the FMCG segment. The company's shares rose 1.40% to ₹1,212.10 following the results announcement.
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06Aug 25
E.I.D. Parry Reports 29% Jump in Q1 Consolidated Revenue, Profit Surges to Rs. 246 Crore
EID Parry, a major Indian sugar manufacturer, announced impressive Q1 financial results. Consolidated revenue increased by 29% to Rs. 8,724.00 crore, while EBITDA surged 70% to Rs. 895.00 crore. Consolidated profit after tax more than doubled to Rs. 246.00 crore. Standalone performance improved with revenue at Rs. 760.00 crore and reduced losses. The sugar division's losses narrowed, farm inputs division showed strong growth, while the nutraceuticals division faced challenges. The company is expanding into the FMCG segment with premium super grains and focusing on augmenting distillery capacities for the Ethanol Blending Program.
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27May 25
EID Parry Reports 30% Jump in Q4 Profit, Plans Major Investment in Subsidiary
E.I.D.-Parry (India) has reported strong Q4 results with a 30.3% increase in consolidated net profit to ₹287 crore and a 22.6% rise in revenue to ₹6,811 crore. The company also announced a strategic investment of ₹350 crore in its wholly-owned subsidiary, Parry Sugars Refinery India Private Limited. While the farm inputs division led performance, the sugar division saw a decline in profits. The company's subsidiary, Coromandel International, declared dividends of ₹9 per share.
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EID Parry
808.30
+18.20
(+2.30%)
1 Year Returns:+3.07%