EID Parry India Limited — Investor Meet, 02-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

E.I.D. Parry's Q4 FY26 earnings call highlighted mixed performance. Sugar revenue jumped 14% to Rs. 466 Cr on higher volumes and recovery. Distillery revenue saw a slight increase to Rs. 275 Cr. Nutra turnover grew 44% to Rs. 13 Cr due to US exports. Consumer Product Group revenue declined 48% to Rs. 115 Cr due to strategic recalibration for better margins, targeting 30%+ gross margins and breakeven in 6-8 quarters. Refinery operations ceased, with Rs. 600 Cr infused by EID Parry for loan obligations, expected to be completed by June 30, 2026. Management is focused on cost efficiency, strengthening Karnataka sugar operations, and exploring ethnic snacking/culinary convenience. Ethanol blending to E30 is seen as a key upside for the industry.