Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: 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:

Revenue projections for EIDPARRY
Revenue projections for EIDPARRY

EIDPARRY's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 1.570000
forwardPE 17.143265
debtToEquity 20.911000
earningsGrowth 0.296000
revenueGrowth 0.226000
grossMargins 0.223080
operatingMargins 0.057010
trailingEps 49.370000
forwardEps 0.000000

EIDPARRY's current ratio being 1.57 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, EIDPARRY can easily cover its immediate liabilities, reflecting solid financial health.
EIDPARRY's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
E.I.D.- Parry (India) Limited's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
EIDPARRY's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.

Price projections:

Price projections for EIDPARRY
Price projections for EIDPARRY



Recommendation changes over time:

Recommendations trend for EIDPARRY
Recommendations trend for EIDPARRY


Analysts have shown a buy bias for EIDPARRY, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to EIDPARRY, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.