EID Parry reported a significant increase in Q4 EBITDA, reaching ₹6.1 billion, up from ₹5.3 billion the previous year. Despite this growth, their EBITDA margin slightly dipped to 7.76% compared to the previous year's 7.78%.
EID Parry India Limited
EIDPARRYPrice History
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EID Parry India Ltd has announced a net loss of INR 340 crores for Q4 of the fiscal year 2026. This significant loss is attributed to financial guarantee provisions worth INR 59 crores and share sales in Coromandel International valued at INR 29 crores, which are considered exceptional items.
EID Parry will convene a board meeting on May 26, 2026, for the evaluation of their FY26 audited financial results. The review will encompass both standalone and consolidated Q4 and full-year outcomes.
The push for increased ethanol blending in India is proving beneficial for sugar stocks such as EID Parry and Gulshan Polyols Ltd. This shift is driving up demand and reducing oil dependency, thanks to policy backing and a growing emphasis on cleaner energy sources. In response, these companies are expanding their ethanol production capacity to capitalize on the rising demand.
EID Parry announces plans to close its sugar refinery by March 2026 due to significant financial losses amounting to approximately ₹1406 Crore. The company has decided to invest ₹610 Crore, provide ₹130 Crore in loans, and settle existing loans worth ₹137 Crore as part of this decision.
EID Parry is planning to inject a total of 740 crores into PSRIPL, with 610 crores in equity and additional 130 crores in loans. This investment aims to strengthen PSRIPL's operational capacity and help it overcome its financial difficulties.