EID Parry India Limited — Investor Meet, 19-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
19-08-2026 | 11:09 am
19-08-2026 | 11:09 am
E.I.D.- Parry's Q1 FY27 call highlighted strategic shifts. Revenue was Rs. 410 Cr, driven by higher sugar sales (0.89 LMT). CPG revenue at Rs. 94 Cr was lower by design, as the focus is on margin-accretive products & efficiency, aiming for breakeven in 4-5 quarters. Nutra segment surged to Rs. 61 Cr, propelled by Valensa's new products. Sugar prices are firming in India (Rs. 45-46/kg). PSRIPL refinery closure progresses, bank liabilities (Rs. 665 Cr infused) settled. Management prioritizes efficient working capital, debt reduction (short-term debt at Rs. 980 Cr), and monetizing non-core assets, expressing confidence in strengthening the balance sheet.
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