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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 500125 | NSE: EIDPARRY

EID Parry (India) Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:37 am

Market Cap 17,033 Cr.
Current Price 959
High / Low 998/539
Stock P/E23.2
Book Value 418
Dividend Yield0.42 %
ROCE20.3 %
ROE13.5 %
Face Value 1.00
PEG Ratio1.67

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat State Fertilizers & Chemicals Ltd 8,137 Cr. 204 322/18815.4 3371.96 %5.77 %4.55 % 2.00
Bharat Agri Fert & Realty Ltd 379 Cr. 71.7 132/68.5 9.970.07 %6.14 %14.8 % 1.00
Basant Agro Tech (India) Ltd 171 Cr. 18.8 28.9/17.520.6 19.50.27 %5.65 %1.30 % 1.00
Zuari Agro Chemicals Ltd 932 Cr. 222 268/1515.21 4220.00 %8.50 %3.44 % 10.0
Southern Petrochemicals Industries Corporation Ltd (SPIC) 1,509 Cr. 74.1 108/64.49.73 56.42.02 %17.8 %14.4 % 10.0
Industry Average10,382.10 Cr357.5450.36165.700.65%21.98%10.62%7.35

All Competitor Stocks of

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales3,8774,3546,9786,5295,6667,14611,3269,9146,8607,0269,0597,7705,557
Expenses3,6073,9206,2335,9155,0506,45310,3789,0136,2456,3638,0067,3585,098
Operating Profit2704347466136166939489016156641,053412459
OPM %7%10%11%9%11%10%8%9%9%9%12%5%8%
Other Income385926299110530-595-1115141123
Interest40344238384579878782745386
Depreciation818182848888929110594101112113
Profit before tax1863796485215816658076644284771,029288382
Tax %67%26%27%24%26%26%30%27%33%32%24%25%23%
Net Profit62280470395429494565482287325782217294
EPS in Rs-0.367.4913.7512.8517.0515.5713.6014.1310.086.1325.486.6612.41

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales11,38312,11413,95215,35814,39115,37316,55617,12918,55623,52135,24429,413
Expenses10,35611,21212,93814,51712,96514,06815,10515,24216,46721,14632,25226,825
Operating Profit1,0279021,0148411,4261,3051,4501,8872,0892,3752,9922,588
OPM %9%7%7%5%10%8%9%11%11%10%8%9%
Other Income951051051791591508312917240247304
Interest388465420451417336425430236152298295
Depreciation215226244250248251272319332334376421
Profit before tax5193154553199208688371,2661,5392,1292,5642,175
Tax %30%31%39%45%23%40%48%30%35%26%29%26%
Net Profit3632192761757085174388891,0001,5741,8281,618
EPS in Rs11.774.446.641.9629.6114.458.6726.4325.2651.1253.3750.68
Dividend Payout %74%62%89%0%14%21%35%0%0%22%18%20%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-39.67%26.03%-36.59%304.57%-26.98%-15.28%102.97%12.49%57.40%16.14%-11.49%
Change in YoY Net Profit Growth (%)0.00%65.70%-62.62%341.17%-331.55%11.70%118.25%-90.48%44.91%-41.26%-27.63%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:12%
3 Years:17%
TTM:-11%
Compounded Profit Growth
10 Years:28%
5 Years:41%
3 Years:23%
TTM:-26%
Stock Price CAGR
10 Years:17%
5 Years:37%
3 Years:29%
1 Year:70%
Return on Equity
10 Years:13%
5 Years:15%
3 Years:16%
Last Year:14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:35 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital18181818181818181818181818
Reserves2,4152,3992,2092,3702,7332,9523,1103,5024,5655,3086,0677,0407,406
Borrowings5,1994,2884,8235,1443,9234,4705,1254,3471,2291,2591,6181,7401,714
Other Liabilities4,8024,9545,8496,6006,6917,0887,6497,0697,4449,35811,07612,68812,822
Total Liabilities12,43311,65912,89914,13113,36414,52815,90114,93613,25715,94318,77821,48721,959
Fixed Assets3,8513,7883,4763,3433,2973,1973,0773,8583,5833,7633,8894,8965,472
CWIP4891637577395420385206160486520197
Investments1803583696885694304184134535636091,2751,329
Other Assets7,9147,3508,97910,0229,45910,84712,20310,5799,01411,45613,79414,79614,962
Total Assets12,43311,65912,89914,13113,36414,52815,90114,93613,25715,94318,77821,48721,959

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +8381,5912224371,969259-521,9864,7712,2783591,972
Cash from Investing Activity +-956-260-307-192-14813-357-282-548-1,732487-1,740
Cash from Financing Activity +-503-1,263-142-221-1,8424234-1,769-3,598-499-184-497
Net Cash Flow-62168-22723-21314-375-6562547661-265

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-4.00898.00-3.00836.00-2.00-3.00-4.00-3.001.001.001.001.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days6552454947434645179823
Inventory Days11812313812412713417513111211181112
Days Payable12212814114517017417214112411484122
Cash Conversion Cycle6148422743493566512
Working Capital Days108738488879011510460413942
ROCE %11%9%11%9%16%16%14%18%21%26%27%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters44.68%44.66%44.64%44.61%44.56%44.55%44.55%44.52%44.52%42.24%42.24%42.24%
FIIs7.81%8.21%8.76%10.21%11.51%11.65%11.27%10.40%9.03%8.71%8.85%10.22%
DIIs4.40%4.10%4.26%4.45%4.46%4.44%4.92%4.76%4.52%4.92%11.88%12.45%
Public43.11%43.04%42.34%40.73%39.46%39.36%39.26%40.32%41.94%44.12%37.04%35.09%
No. of Shareholders72,53169,72975,30376,12178,19482,50379,93788,1421,07,6401,08,2461,07,0111,18,928

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Small Cap Fund9,324,0492.2622.892,259,4502024-12-19312.67%
Quant Small Cap Fund2,662,4020.84177.862,259,4502024-12-1917.83%
Parag Parikh Flexi Cap Fund2,259,5310.23150.952,259,4502024-12-190%
HSBC Small Cap Fund - Regular Plan2,259,4501.02150.942,259,4502024-12-190%
Canara Robeco Small Cap Fund1,910,9261.22127.662,259,4502024-12-19-15.43%
SBI Magnum Childrens Benefit Fund - Investment Plan900,0002.9760.122,259,4502024-12-19-60.17%
LIC MF Large & Mid Cap Fund290,5110.7119.412,259,4502024-12-19-87.14%
Bank of India Small Cap Fund200,0001.2413.362,259,4502024-12-19-91.15%
Bandhan Small Cap Fund189,0000.2412.632,259,4502024-12-19-91.64%
LIC MF Multi Cap Fund154,6350.9810.332,259,4502024-12-19-93.16%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)50.6853.3951.1725.2726.43
Diluted EPS (Rs.)50.6153.2551.1725.2726.34
Cash EPS (Rs.)116.41126.33107.5075.0768.37
Book Value[Excl.RevalReserv]/Share (Rs.)631.66537.41456.59385.58295.27
Book Value[Incl.RevalReserv]/Share (Rs.)631.66537.41456.59385.58295.27
Revenue From Operations / Share (Rs.)1657.081985.571326.261049.55967.74
PBDIT / Share (Rs.)164.47182.13148.14125.16114.01
PBIT / Share (Rs.)140.76160.92129.31106.4395.99
PBT / Share (Rs.)124.12146.61119.9886.8071.67
Net Profit / Share (Rs.)92.70105.1288.6756.3450.35
NP After MI And SOA / Share (Rs.)50.6953.3851.1225.2626.43
PBDIT Margin (%)9.929.1711.1611.9211.78
PBIT Margin (%)8.498.109.7510.149.91
PBT Margin (%)7.497.389.048.277.40
Net Profit Margin (%)5.595.296.685.365.20
NP After MI And SOA Margin (%)3.052.683.852.402.73
Return on Networth / Equity (%)12.7415.5717.029.7613.29
Return on Capital Employeed (%)20.5427.7125.9625.0726.40
Return On Assets (%)4.185.045.683.373.11
Long Term Debt / Equity (X)0.020.010.010.010.17
Total Debt / Equity (X)0.170.190.150.121.07
Asset Turnover Ratio (%)1.460.290.280.200.18
Current Ratio (X)1.631.491.521.541.22
Quick Ratio (X)0.880.750.770.830.70
Inventory Turnover Ratio (X)3.030.570.680.510.37
Dividend Payout Ratio (NP) (%)15.7810.3021.510.000.00
Dividend Payout Ratio (CP) (%)10.757.3715.720.000.00
Earning Retention Ratio (%)84.2289.7078.490.000.00
Cash Earning Retention Ratio (%)89.2592.6384.280.000.00
Interest Coverage Ratio (X)9.8810.8417.309.414.69
Interest Coverage Ratio (Post Tax) (X)6.577.1111.455.713.07
Enterprise Value (Cr.)12186.7811474.309775.427673.487807.77
EV / Net Operating Revenue (X)0.410.320.410.410.45
EV / EBITDA (X)4.173.553.723.463.87
MarketCap / Net Operating Revenue (X)0.320.230.340.300.14
Retention Ratios (%)84.2189.6978.480.000.00
Price / BV (X)1.371.361.511.230.70
Price / Net Operating Revenue (X)0.320.230.340.300.14
EarningsYield0.090.110.110.070.18

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 1,314.67

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 37.09% compared to the current share price 959.00

Intrinsic Value of as of December 21, 2024 is: 1,497.49

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 56.15% compared to the current share price 959.00

Last 5 Year EPS CAGR: 13.91%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 16.50%, which is a positive sign.
  2. The company has higher reserves (4,005.85 cr) compared to borrowings (3,452.23 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (18.17 cr) and profit (353.42 cr) over the years.
  1. The stock has a high average Working Capital Days of 77.58, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 24.83, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 5.59%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 20.54% (Industry Average ROCE: 21.98%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 12.74% (Industry Average ROE: 9.7%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 6.57
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.88
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 23.2 (Industry average Stock P/E: 43.79)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.17
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

EID Parry (India) Ltd. is a Public Limited Listed company incorporated on 22/09/1975 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L24211TN1975PLC006989 and registration number is 006989. Currently Company is involved in the business activities of Manufacture or refining of sugar (sucrose) from sugercane. Company’s Total Operating Revenue is Rs. 2496.30 Cr. and Equity Capital is Rs. 17.74 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Fertilisers�Dare House�, Chennai (Madras) Tamil Nadu 600001investorservices@parry.murugappa.com
http://www.eidparry.com
Management
NamePosition Held
Mr. M M VenkatachalamChairman
Mr. S SureshManaging Director
Mr. Muthiah MurugappanWholeTime Director & CEO
Mr. Ajay B BaligaIndependent Director
Mr. T KrishnakumarIndependent Director
Dr.(Ms.) Rca GodboleIndependent Director
Ms. Meghna ApparaoIndependent Director
Mr. S DurgashankarIndependent Director
Mr. Ramesh K B MenonDirector
Mr. Sridharan RangarajanDirector

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹1314.67, which is 37.09% higher than the current market price of ₹959.00. The stock has a market capitalization of 17,033 Cr. and recorded a high/low of 998/539 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹7,406 Cr and total liabilities of ₹21,959 Cr.

What is the Market Cap of ?

The Market Cap of is 17,033 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 959.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 998/539.

What is the Stock P/E of ?

The Stock P/E of is 23.2.

What is the Book Value of ?

The Book Value of is 418.

What is the Dividend Yield of ?

The Dividend Yield of is 0.42 %.

What is the ROCE of ?

The ROCE of is 20.3 %.

What is the ROE of ?

The ROE of is 13.5 %.

What is the Face Value of ?

The Face Value of is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE