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 Revenues for E.I.D.- Parry (India) Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
1.402000
forwardPE
12.993727
debtToEquity
18.388000
earningsGrowth
0.388000
revenueGrowth
0.246000
grossMargins
0.224020
operatingMargins
0.089440
trailingEps
64.620000
forwardEps
0.000000
EIDPARRY's current ratio 1.402, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, EIDPARRY can comfortably meet its immediate liabilities, reflecting a healthy financial standing. E.I.D.- Parry (India) Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities. EIDPARRY's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making EIDPARRY a stable and conservative investment. EIDPARRY's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that EIDPARRY is expected to continue expanding its business and boosting its financial performance in the coming periods.
Price projections:
Price projections for EIDPARRY The price of EIDPARRY currently does not indicate any clear risks or opportunities when compared to projections. This balanced stance suggests that investors may prefer to hold off on major decisions until new information arises.
Recommendation changes over time:
Recommendations trend for EIDPARRY
Analysts are favoring EIDPARRY with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider EIDPARRY as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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