Latest news with #EIDParry
Time of India
03-07-2025
- Business
- Time of India
How Balrampur Chini, EID Parry are stirring up gains amid melting sugar stocks
While most sugar stocks have left a bitter aftertaste, Balrampur Chini (up 37% in a year) and EID Parry (up 47%) are defying the trend. They have even outperformed the Nifty 50's 5% gains. Meanwhile, laggards like Bajaj Hindusthan and Shree Renuka Sugars have slid 34% and 32%, respectively. What's fuelling this outperformance? A perfect mix of diversified revenue streams, low debt, and strong financials. Add to that the latest India Ratings and
Economic Times
03-07-2025
- Business
- Economic Times
How Balrampur Chini, EID Parry are stirring up gains amid melting sugar stocks
While most sugar stocks have left a bitter aftertaste, Balrampur Chini (up 37% in a year) and EID Parry (up 47%) are defying the trend. They have even outperformed the Nifty 50's 5% gains. Meanwhile, laggards like Bajaj Hindusthan and Shree Renuka Sugars have slid 34% and 32%, respectively. What's fuelling this outperformance? A perfect mix of diversified revenue streams, low debt, and strong financials. Add to that the latest India Ratings and
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Business Standard
26-06-2025
- Business
- Business Standard
Breakout stocks: KNR Cons, Apar, NH and 2 others may see up to 23% upside
Kirsloskar Brothers, EID Parry and Narayana Hrudayalaya among 5 stocks trading above the higher-end of the Bollinger Bands, thus indicating a technical breakout on the daily charts. Rex Cano Mumbai Listen to This Article Kirloskar Brothers, EID Parry, KNR Construction, Apar Industries and Narayana Hrudayalaya have witnessed a breakout on the daily chart on Thursday, June 26, 2025. All these 5 stocks are seen trading above the higher-end of the Bollinger Bands on the respective daily charts. In technical terms, the Bollinger Bands are used to identify anticipated trading range and potential trend reversals and breakout. In general, stocks trading above the higher-end of the Bollinger Bands are considered bullish, and vice versa. However, other key technical indicators such as the moving averages and momentum oscillators also play a crucial part.
Business Standard
28-05-2025
- Business
- Business Standard
EID Parry Q4 PAT rises 30% YoY to Rs 287 cr
EID Parry (India) reported a 30.05% jump in consolidated net profit to Rs 286.52 crore on a 22.57% rise in net sales to Rs 6,811.12 crore in Q4 March 2025, compared to the same period last year. Profit before tax (PBT) surged 92.15% YoY to Rs 734.54 crore during the quarter. Earnings before interest, tax, depreciation, and amortization (EBITDA) (excluding exceptional items of Rs 347 crore) for the quarter ended 31 March 2025 was Rs 626 crore, registering an increase of 8% in comparison to the corresponding quarter of the previous year. On the segmental front, the companys revenue from the sugar business stood at Rs 1,372.89 crore (up 6.79% YoY), distillery came in at Rs 268.19 crore (up 19.8% YoY), consumer products stood at Rs 195.32 crore (up 44.79%), crop protection was at Rs 698.72 crore (up 23.8% YoY), and nutrient and allied business was at Rs 4,320.96 crore (up 28.21% YoY) during the period under review. On the other hand, the firms income from nutraceuticals was at Rs 59.31 crore (down 15.32% YoY), and revenue from cogeneration stood at Rs 57.93 crore (down 25.49% YoY) in Q4 FY25. On a standalone basis, EID Parry posted a net loss of Rs 231.70 crore in Q4 FY25, against a net profit of Rs 80.27 crore in Q4 FY24. Standalone net sales rose 13.54% YoY to Rs 813.67 crore. Segment-wise, the farm inputs division continued to lead performance, recording a profit before interest and tax (PBIT) of Rs 398 crore for the quarter, up 26.35% from Rs 315 crore a year ago. In contrast, the sugar division reported a sharp decline in profitability, with PBIT falling to Rs 26 crore from Rs 164 crore in Q4 FY24. The nutraceuticals division posted a modest profit of Rs 11 crore, compared to Rs 16 crore in the same quarter last year. Meanwhile, the consumer products group (CPG) division widened its loss to Rs 13 crore from Rs 4 crore in the corresponding period last year. Meanwhile, the company noted that its subsidiary, Coromandel International, has declared a final dividend of Rs 6 per share and a special dividend of Rs 3 per share. EID Parry is expected to receive a total income of Rs 148.91 crore from this payout. Furthermore, the board has approved an investment of up to Rs 350 crore in Parry Sugars Refinery India (PSRIPL), its wholly owned subsidiary. The investment, to be made in one or more tranches, is intended to support debt reduction and strengthen the subsidiarys net worth. EID Parry (India) is engaged in sugar, nutraceuticals, and ethanol production. It also has a significant presence in the farm inputs business, including biopesticides, through its subsidiary, Coromandel International. Shares of EID Parry (India) rose 0.95% to Rs 990.45 on the BSE.
Business Upturn
28-05-2025
- Business
- Business Upturn
Stocks to watch today on May 28: ITC, LIC, Goodyear, IRFC, Sonata Software, Vodafone Idea, Balrampur Chini Mills in focus
Indian equity markets are set for an eventful trading session today, with several companies in the spotlight following their Q4 FY24-25 earnings reports, corporate actions, and block deals. Positive earnings and developments A host of companies reported strong YoY growth in net profit and revenue, signaling improving business fundamentals: JK Lakshmi Cement , EID Parry , Black Box , Goodyear India , Triveni , Nuvama , Medplus , Hind Copper , and Supriya Lifescience delivered healthy quarterly numbers. Precision Camshafts posted a sharp jump in net profit to ₹40.44 crore (vs ₹3.34 crore YoY) despite a fall in revenue. NMDC Steel and ITI narrowed their losses YoY, while companies like Bodal Chem , Entero , and Time Technoplast posted robust performance. Stake purchases by institutional investors in PGEL, Borana Weaves, Camlin Fine Sciences, and Cosmo First added to positive sentiment. Corporate actions and strategic updates Balrampur Chini Mills launched Balrampur Bioyug , India's first PLA biopolymer brand. Sonata Software entered into a partnership with Qualtrics to enhance customer experience solutions. Jupiter Wagons' subsidiary signed an MoU with Pickkup to accelerate EV adoption. Neutral updates Large-cap names like LIC , ITC , Bosch , P&G , and Bharti Airtel reported stable or mixed financials. Tata Steel filed a fresh writ in the Delhi High Court seeking compensation related to coal block cancellation. Vodafone Idea will consider a fundraising plan on May 30 amid mounting AGR dues. Colgate, ITC, and Kennametal India are trading ex-dividend today, while Tata Consumer will go ex-dividend tomorrow. Negative earnings A few companies reported weaker quarterly performance: Rico Auto, JTL Industries, Network People Services, Oriental Aromatics, and DCX Systems saw sharp declines in profits YoY. Investors are likely to keep an eye on these stocks for potential price action as Q4 earnings season enters its final leg. Disclaimer: The views and financial data presented in this article are based on publicly available information and do not constitute investment advice. Business Upturn does not recommend buying, selling, or holding any financial instruments. News desk at
