E.I.D. - Parry (India) Limited
Key Financial Figures - Standalone (Rs. in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: 86,001
- Other income: 5,146
- Total income: 91,147
- Total expenses: 93,921
- Loss before tax and exceptional items: (2,774)
- Exceptional items: Nil (previous quarter: (1,868))
- Loss before tax: (2,774)
- Tax expense: (525) [Deferred tax]
- Loss after tax: (2,249)
- Other comprehensive income: (1,172)
- Total comprehensive income: (3,421)
- Basic EPS: (1.26) per equity share
Half Year Ended September 30, 2026:
- Revenue from operations: 1,59,313
- Other income: 7,034
- Total income: 1,66,347
- Total expenses: 1,78,240
- Loss before tax and exceptional items: (11,893)
- Exceptional items: (1,868)
- Loss before tax: (13,761)
- Tax expense: (2,583) [Deferred tax]
- Loss after tax: (11,178)
- Other comprehensive income: (1,124)
- Total comprehensive income: (12,302)
- Basic EPS: (6.28) per equity share
Key Financial Figures - Consolidated (Rs. in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: 11,21,333
- Other income: 888
- Total income: 11,22,221
- Profit from continuing operations before tax: 65,886
- Tax expense: 17,797
- Profit from continuing operations after tax: 48,089
- Loss from discontinued operations after tax: (146)
- Total profit after tax: 47,943
- Attributable to owners: 25,286
- Basic EPS: 14.20 per equity share
Half Year Ended September 30, 2026:
- Revenue from operations: 20,16,588
- Other income: 3,489
- Total income: 20,20,077
- Profit from continuing operations before tax: 1,08,054
- Tax expense: 28,933
- Profit from continuing operations after tax: 79,121
- Loss from discontinued operations after tax: (28)
- Total profit after tax: 79,093
- Attributable to owners: 39,446
- Basic EPS: 22.16 per equity share
Segment-wise Performance - Standalone (Quarter Ended September 30, 2026)
Revenue:
- Sugar: 48,639
- Co-generation: 1,767
- Distillery: 30,504
- Nutraceuticals: 7,026
- Consumer products: 12,044
Segment Results (PBIT):
- Sugar: 579 (profit)
- Co-generation: (2,985) (loss)
- Distillery: 217 (profit)
- Nutraceuticals: (176) (loss)
- Consumer products: (2,448) (loss)
Exceptional Items
For quarter and half year ended September 30, 2026: Nil
For quarter ended June 30, 2026: (1,868) comprising:
- Impairment of investment in subsidiary: (61,000)
- Reversal of financial guarantee remeasurement: 59,132
Capital Structure Changes
- 82,975 equity shares allotted during quarter ended June 30, 2026 and six months ended September 30, 2026 pursuant to exercise of stock options
- Paid-up equity share capital: 1,780 lakhs (face value Re.1 per share)
Subsidiary Updates
- Parry Sugars Refinery India Private Limited (PSRIPL): Closure of operations effective March 31, 2026
- Company invested Rs. 61,000 lakhs in PSRIPL during quarter ended June 30, 2026
- Company committed to provide additional loans up to Rs. 13,000 lakhs to PSRIPL, of which Rs. 5,500 lakhs disbursed
- PSRIPL has outstanding trade receivables of Rs. 4,655 lakhs from Parry International FZCO (UAE) with provision of Rs. 4,619 lakhs
Subsequent Events
- Board approved Voluntary Separation Scheme (VSS) for employees of one plant on August 12, 2026 (communicated after reporting date)
- Board approved slump sale of Sivagangai Distillery Unit on going concern basis on November 13, 2026 (non-adjusting event)
Management Commentary
- Sugar segment returned to profitability with 32% revenue growth
- Distillery segment returned to profitability with 5% revenue growth
- Consumer Products Group focusing on premiumization and margin improvement
- Nutraceuticals showing improved performance with 25% revenue growth
- Company pursuing "Disciplined Renewal" strategy across businesses
Investor Presentation Highlights
- 6 sugar plants with 40,800 TCD crushing capacity
- 140 MW power generation capacity
- 582 KLPD distillery capacity
- Value-added products contributing 35% of CPG revenue
- New jaggery facility in Karnataka expected by Q4 FY27