E.I.D.- Parry (India) Limited, together with its subsidiaries, engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally. The company offers sugar for use in food, bakery, confectioneries, beverage, and pharmaceutical industries; and grains, such as millets and dhals, as well as rice. It also provides nutraceuticals products, such as organic spirulina and chlorella, carotenoid, astaxanthin, and lutein and zeaxanthin; and distillery products, including extra neutral alcohol, ethanol, etc. In addition, the company offers generates and sells approximately 140 MW of power for state electricity grids and private energy. E.I.D.- Parry (India) Limited was founded in 1788 and is headquartered in Chennai, India.
Revenue projections:
Revenue projections for EIDPARRY Investors may be wary of EIDPARRY as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
currentRatio
1.570000
forwardPE
15.779369
debtToEquity
20.911000
earningsGrowth
0.304000
revenueGrowth
0.226000
grossMargins
0.231880
operatingMargins
0.057010
trailingEps
49.350000
forwardEps
0.000000
EIDPARRY's current ratio being 1.57 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that EIDPARRY can meet its financial obligations with ease. EIDPARRY's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside. EIDPARRY's low Debt-to-Equity ratio means it is not excessively reliant on debt financing. This low leverage suggests lower financial risk and stronger equity control, positioning the company in a more stable financial situation and reducing vulnerability to debt-related issues. EIDPARRY's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
Price projections:
Price projections for EIDPARRY
Recommendation changes over time:
Recommendations trend for EIDPARRY
The recent buy bias for E.I.D.- Parry (India) Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see E.I.D.- Parry (India) Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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