E I D Parry India Ltd (BOM:500125)
₹ 817.85 4.35 (0.53%) Market Cap: 145.22 Bil Enterprise Value: 127.12 Bil PE Ratio: 16.48 PB Ratio: 2.06 GF Score: 95/100

Q1 2025 E I D-Parry (India) Ltd Earnings Call Transcript

Aug 16, 2024 / 10:30AM GMT

Key Points

Positve
  • Standalone revenue from operations increased by 7.58% to INR751 crore compared to the previous year.
  • Alcohol sales rose from 3.4 crore liters to 3.9 crore liters year-over-year.
  • The Halyal 120-KLPD distillery started operations, and the Nelly-Kuppam 45-KLPD distillery for ethanol completed initial trials.
  • The consumer product group achieved a turnover of INR4,216 crore, showing a growth of 67% from the previous year.
  • The refinery operations saw a significant increase in revenue to INR1,213 crore compared to INR6.8 crore in the previous year.
Negative
  • Standalone loss after tax for the quarter was INR78.59 crore, higher than the loss of INR45.77 crore in the previous year.
  • Overall sugar sales decreased from 1.21 lakh metric tons to 1.05 lakh metric tons due to a lower release quota.
  • The recovery rate for sugar operations dropped to 8.6% from 9.0% in the previous year.
  • Revenue from sugar operations declined by 25.3% to INR251 crore compared to the previous year.
  • Short-term loans increased significantly due to higher working capital requirements.
Operator

Ladies and gentlemen, good day, and welcome to the EID-Parry (India) Q1 FY25 earnings call conference hosted by DAM Capital Advisors Limited. (Operator Instructions) Please note that this conference is being recorded, and I now hand the conference over to Mr. Sanjay Manyal from DAM Capital Advisors. Thank you, and over to you, sir.

Sanjay Manyal
DAM Capital Advisors Ltd - Analyst

Hello, everyone. We thank EID-Parry's management to -- for giving us this opportunity to host this call. On the call today, we have with us Mr. Muthiah Murugappan, Whole-Time Director and CEO; [Mr. Suresh Kandan] Whole-Time Director, Parry Refinery; Mr. Y. Venkateshwarlu, CFO; and Mr. Biswa Rath, Company Secretary. And first, I hand over the call to the management for opening remarks followed by question-and-answer session. Thank you, and over to you, sir.

Muthiah Murugappan;India;Ltd;Chief Executive Officer
E I D-Parry;Whole Time Director

()- -

Hi, very good afternoon. Thank you,

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