In the unpredictable world of the stock market, we can’t predict the value of any stock just by looking at their Current charts but with the help of some fundamentals analysis we can actually estimate its value for the upcoming period. Fundamental analysis is a deep study of a company’ s inner operation.
If you are looking for a stock in the energy section E.I.D. – Parry (India) Ltd. Will be perfect for you. Today we are going to discuss why you should consider E.I.D. – Parry (India) Ltd in your portfolio.
The Indian government is likely to invest 5.5 billion in the ethanol blending sector by 2025 . Till now India had achieved 10 % ethanol blending in petrol and likely to increase its percentage by 25% till 2025.
If you are looking for stocks with good returns, E.I.D.-Parry (India) Ltd. can be a profitable investment option. E.I.D.-Parry (India) Ltd. quote is equal to 538.700 INR at 2023-12-12. Based on our forecasts, a long-term increase is expected, the “Eid Parry India Ltd” stock price forecast for 2028-12-08 is 1021.946 INR. With a 5-year investment, the revenue is expected to be around +89.71%.
It is an Indian company that operates in the sugar and chemical industry. In this article, we will provide a comprehensive analysis of E.I.D. – Parry (India) Ltd.’s stock. This stock analysis is targeted for long-term stock investors.
E.I.D. – Parry (India) Ltd. Fundamentals
| Market Cap | ₹ ₹ 9,523.82 Cr. |
| Enterprise Value | ₹ 10,019.63 Cr. |
| No. of share | 17.75 Cr |
| P/E | 68.54 |
| P/B | 3.34 |
| Face value | ₹ 1 |
| Dividend Yield (Last Year) | 1.76% |
| Book Value | 160.31 |
| Debt | ₹507.86cr |
| EPS | ₹ 7.83 |
| ROE | 6.99% |
| ROCE | 8.97% |
| Profit growth (1 year) | -30.57 % |
| Sales growth | -11.13% |
| Cash | ₹ 12.05 Cr. |
| Debt to Equity | 0 |
| Promoter’s Holding | 44.51 % |
| Operating Profit Margin | 23.00% |
E.I.D. – Parry (India) Ltd pros and cons
| Pros | Cons |
|---|---|
| The company has shown a good profit growth of 375.56% for the Past 3 years. | The company is trading at a high PE of 68.54. |
| The company has shown a good revenue growth of 15.58% for the Past 3 years. | Company has negative cash flow from operations of -366.55. |
| The company has an efficient Cash Conversion Cycle of 86.77 days. | |
| The company has a strong degree of Operating leverage, Average Operating leverage stands at 36.03. |
Why buy E.I.D. – Parry (India) Ltd
E.I.D. Parry is a pioneer and world leader in organic spirulina and micro algal products in the Nutraceuticals space. ‘Parry’s Spirulina’, with 3 major international certifications, is sold in more than 41 countries across the globe. The highly specialized manufacturing Plants of the Nutraceuticals business for micro algal production are located at Oonaiyur and Saveripuram in Tamil Nadu.
The Company also retains a significant presence in the refined sugar and farm inputs business through its subsidiaries Parry Sugar Refinery India Pvt. Ltd. & Coromandel International Limited.
WHY WE ADD EID.PARRY LTD IN OUR PORTFOLIO ?
Recently this company has increased its share capital. While buying any stock we should keep in mind a few things about any company, fundamental analysis is called the backbone of investing.
Fundamental analysis reflect company inner operation pace and it’s consistency through out back years and for upcoming years
While doing fundamental analysis we should focus on company’s growth
And this can be found out by looking at the company’s balance sheet , its total net profit and sales, its quarterly and annual reports, promoters investment including foreign and domestic , cash flow , and some important ratios like P/B ratio. P/E ratio, company debts, it’s inner operation and most importantly it’s yearly sales growth
In this article we have provided all the important tables which will be very useful for making a precise decision about investing in this stock and determining our share price Target for the next five years .
eid parry share price target 2023, 2024, 2025, 2026, 2027, 2028,2029,2030
| Year | January Target | December Target |
| eid parry share price target 2023 | ₹583.45 | ₹532.30 |
| eid parry share price target 2024 | ₹548.579 | ₹636.442 |
| eid parry share price target 2025 | ₹645.605 | ₹733.355 |
| eid parry share price target 2026 | ₹742.770 | ₹830.508 |
| eid parry share price target 2027 | ₹838.381 | ₹926.789 |
| eid parry share price target 2028 | ₹936.489 | ₹1022.991 |
| eid parry share price target 2029 | ₹1023.009 | ₹1051.321 |
| eid parry share price target 2030 | ₹1052.003 | ₹1089.345 |
By looking at all basic ratios and fundamentals we are at this conclusion that this might be a good stock in our portfolio , which is likely to give nearly 90%returns in 5 five years .Which can make our profit and loss segment more green than ever.
Theory behind expected share price of EID.PARRY LTD
How we came at this conclusion that future price of eid parry is likely to be as our given charts .this is possible because we have studied nearly every aspect of this company , have deeply studied all the ratios , it’s debt , it’s cash flow, it’s future demand and supply in future
Below we are attaching this stock’s performance in previous years
You can find here its sales growth, its balance sheets, and some important charts which will help you to make your investment decision precise and accurate.here we are not suggesting you to buy this stock by looking into our article we are attaching full ratios and important charts which will help you to make your decision.
Profit and loss statement (Last 5 years)
This table shows the annual sales growth of EID.PARRY LTD of the last 5 years. It is growing annually and it shows the good strength of this company and we can rely on it.
Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)
| PARTICULARS | MAR 2019 | MAR 2020 | MAR 2021 | MAR 2022 | MAR 2023 |
| Net Sales | 1,845.17 | 1,874.88 | 2,024.25 | 2,489.43 | 2,894.92 |
| Total Expenditure | 1,887.15 | 1,794.32 | 1,853.72 | 2,280.56 | 2,640 |
| Operating Profit | -41.98 | 80.56 | 170.53 | 208.87 | 254.92 |
| Other Income | 212.27 | 154.62 | 385.40 | 282.95 | 271.58 |
| Interest | 113.43 | 135.66 | 92.72 | 46.09 | 36.03 |
| Depreciation | 113.77 | 119.56 | 119.99 | 120.11 | 135.05 |
| Exceptional Items | 35.16 | 0 | 715.17 | -13.73 | -110.91 |
| Profit Before Tax | -21.75 | -20.04 | 1,058.39 | 311.89 | 244.51 |
| Tax | -49.07 | -21.87 | 193.53 | 28.39 | 47.69 |
| Net Profit | 163.13 | 1.83 | 864.86 | 283.50 | 196.82 |
| Adjusted EPS (Rs.) | 1.54 | 0.10 | 48.83 | 15.98 | 11.09 |
BALANCE SHEET
a financial statement that contains details of a company’s assets or liabilities at a specific point of time.it helps us to find how this company is strong by its roots .Balance sheet always acts as backbone of any company, it indicates all its red and green flags of any company.
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2022 | Sep 2023 |
| Equity Capital | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 2,406 | 2,415 | 2,399 | 2,209 | 2,370 | 2,733 | 2,952 | 3,110 | 3,502 | 4,565 | 5,308 | 6,067 | 6,635 |
| Borrowings + | 4,583 | 5,199 | 4,288 | 4,823 | 5,144 | 3,923 | 4,470 | 5,125 | 4,347 | 1,229 | 1,259 | 1,618 | 878 |
| Other Liabilities + | 4,091 | 4,802 | 4,954 | 5,849 | 6,600 | 6,691 | 7,088 | 7,649 | 7,069 | 7,444 | 9,358 | 11,076 | 11,367 |
| Total Liabilities | 11,097 | 12,433 | 11,659 | 12,899 | 14,131 | 13,364 | 14,528 | 15,901 | 14,936 | 13,257 | 15,943 | 18,778 | 18,898 |
| Fixed Assets + | 3,108 | 3,851 | 3,788 | 3,476 | 3,343 | 3,297 | 3,197 | 3,077 | 3,858 | 3,583 | 3,763 | 3,876 | 4,776 |
| CWIP | 605 | 489 | 163 | 75 | 77 | 39 | 54 | 203 | 85 | 206 | 160 | 499 | 392 |
| Investments | 156 | 180 | 358 | 369 | 688 | 569 | 430 | 418 | 413 | 453 | 563 | 609 | 1,142 |
| Other Assets + | 7,229 | 7,914 | 7,350 | 8,979 | 10,022 | 9,459 | 10,847 | 12,203 | 10,579 | 9,014 | 11,456 | 13,794 | 12,589 |
| Total Assets | 11,097 | 12,433 | 11,659 | 12,899 | 14,131 | 13,364 | 14,528 | 15,901 | 14,936 | 13,257 | 15,943 | 18,778 | 18,898 |
CASH FLOW
a valuable measure of strength, profitability, and the long-term future outlook of a company.its shows how company is flowing it’s money on its own company, mainly we focus on debts and its money holding.
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Cash from Operating Activity + | 370 | 838 | 1,591 | 222 | 437 | 1,969 | 259 | -52 | 1,986 | 4,771 | 2,278 | 359 |
| Cash from Investing Activity + | -979 | -956 | -260 | -307 | -192 | -148 | 13 | -357 | -282 | -548 | -1,732 | 487 |
| Cash from Financing Activity + | 648 | -503 | -1,263 | -142 | -221 | -1,842 | 42 | 34 | -1,769 | -3,598 | -499 | -184 |
| Net Cash Flow | 39 | -621 | 68 | -227 | 23 | -21 | 314 | -375 | -65 | 625 | 47 | 661 |
SHARE HOLDING PATTERN
It shows company share theory means how much part of a company is diluted in the share market.EID PARRY LTD has 17.75 Cr no of share and its share price is good as on date , its promoters are holding nearly 45 % of this company share.Which is a green flag . According to SEBI, promoters can hold up to 50% of the share.
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| Promoters + | 45.27% | 45.00% | 44.89% | 44.77% | 44.74% | 44.64% | 44.55% | 44.52% |
| FIIs + | 10.02% | 9.99% | 6.39% | 6.02% | 8.90% | 8.76% | 11.27% | 9.03% |
| DIIs + | 7.12% | 4.91% | 4.15% | 2.72% | 2.37% | 4.26% | 4.92% | 4.52% |
| Public + | 37.59% | 40.10% | 44.57% | 46.49% | 43.98% | 42.34% | 39.26% | 41.94% |
| No. of Shareholders | 41,956 | 52,429 | 51,389 | 50,324 | 58,101 | 75,303 | 79,937 | 1,07,640 |
CONCLUSION
Through this article I have tried my best to give you all important aspects of this company through chats and words . Nearly just by looking and by briefly examining you can make your decision, we are not sebi advisors so I am posting this article only for your educational purpose and kindly make your decision independently. I hope you will find all your queries answered here .
Hi, I’m Ashish, the author here. With a solid background in data analytics and statistics, I bring you straightforward insights into the stock market. I research stocks inside out, blending fundamental and technical analyses. My goal is to provide you with clear, actionable content that simplifies the complexities of investing. Join me on this journey for straightforward advice and a data-driven approach to making informed decisions in the stock market.
