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Fundamentals for E.I.D.- Parry (India) Limited
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Fundamentals for E.I.D.- Parry (India) Limited
Business Operations:
Sector: Basic MaterialsIndustry: Agricultural Inputs
E.I.D.- Parry (India) Limited, together with its subsidiaries, engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally. The company offers sugar for use in food, bakery, confectioneries, beverage, and pharmaceutical industries; and grains, such as millets and dhals, as well as rice. It also provides nutraceuticals products, such as organic spirulina and chlorella, carotenoid, astaxanthin, and lutein and zeaxanthin; and distillery products, including extra neutral alcohol, ethanol, etc. In addition, the company offers generates and sells approximately 140 MW of power for state electricity grids and private energy. E.I.D.- Parry (India) Limited was founded in 1788 and is headquartered in Chennai, India.
Revenue projections:
With E.I.D.- Parry (India) Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 1.41900 |
|---|---|
| forwardPE | 8.43044 |
| debtToEquity | 23.64700 |
| earningsGrowth | 0.00000 |
| revenueGrowth | 0.15700 |
| grossMargins | 0.23242 |
| operatingMargins | 0.04895 |
| trailingEps | 31.94000 |
| forwardEps | 84.10000 |
EIDPARRY's current ratio of 1.419 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as EIDPARRY can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
EIDPARRY's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
E.I.D.- Parry (India) Limited's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights E.I.D.- Parry (India) Limited's potential for increased earnings and a stronger financial performance in the upcoming year.
Price projections:
The current price of EIDPARRY, when assessed against projections, reveals no significant risks or opportunities. This situation indicates a steady market environment, prompting investors to remain patient until more clarity emerges regarding the stock's potential.
Recommendation changes over time:
E.I.D.- Parry (India) Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see E.I.D.- Parry (India) Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
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