E.i.d.-parry (india) Limited · NSE:EIDPARRY
E.i.d.-parry (india) — E.I.D. - Parry (India) — Q3 FY2025 Earnings Presentation
47 slides from E.i.d.-parry (india)'s earnings presentation, Feb 11, 2025
Slide 1: Board meeting outcome intimation letter
E.I.D. - Parry (India) Limited Regd.Office: Dare House, 234, N.S.C.Bose Road, Parrys Corner, Chennai 600001, India. Tel : 91.44 25306789 CIN : L24211TN1975PLC006989 Website : www.eidparry.com February 11, 2025 BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Ring, Rotunda
Slide 2: Investor presentation covering letter
E.I.D. - Parry (India) Limited Regd.Office: Dare House, 234, N.S.C.Bose Road, Parrys Corner, Chennai 600001, lridia. Tel : 91 .44 25306789 CIN: L24211TN1975PLC006989 Website : www.eidparry.com Investor Presentation for the quarter/nine months ended December 31, 2024 We enclose a copy of the Investor
Slide 3: Auditors' Report on Standalone Results
Price Waterhouse Chartered Accountants LLP Independent Auditors' Report on Review of Interim Standalone Unaudited Financial Results To The Board of Directors E.I.D. - Parry (India) Limited Dare House, New No.2, Old No. 234, NSC Bose Road, Chennai - 600 001 1. We have reviewed the standalone unaudite
Slide 4: Standalone Unaudited Financial Results
-,... ,..• JI;,A4RR'YS ~ murugappa E.I.D,-PARRY (INDIA) LIMITED Registered Office: 'Dare House', Parry's Corner, Chennai - 600 001 Standalone Unaudited Financial Results for the Quarter and Nine months ended December 31, 2024 CIN: L24211TN1975PLC006989 www.eidparry.com Rs. in Crores except for per s
Slide 5: Standalone Segment-wise Revenue and Results
E.I.D.-PARRY (INDIA) LIMITED Registered Office: 'Dare House', Parry's Corner, Chennai - 600 001 Standalone Unaudited Financial Results for the Quarter and Nine months ended December 31, 2024 Standalone Unaudited Segment-wise Revenue, Results, Assets and Liabilities Rs. in Crores Standalone company r
Slide 6: Notes to Standalone Financial Results
E.I.D.- PARRY (INDIA) LIMITED ~ murugappa Registered Office: 'Dare House', Pany's Corner, Chennai - 600 001 Standalone Unaudited Financial Results for the Quarter and Nine months ended December 31,2024 The above Standalone Financial Results were reviewed and recommended by the Audit Committee and ap
Slide 7: Auditors' Report on Consolidated Results
Price Waterhouse Charte:red Accountants LLP Independent Auditors' Report on Review of Interim Consolidated Unaudited Financial Results To The Board of Directors E.I.D. - Parry (India) Limited Dare House, New N0.2, Old No. 234, NSC Bose Road, Chennai - 600 001 1. We have reviewed the consolidated una
Slide 8: Auditors' Report (continued)
Price Waterhouse Chartered Accountants LLP 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe
Slide 9: Consolidated Unaudited Financial Results
... ....,... ~ E.I.D.- PARRY (INDIA) LIMITED Registered Office: 'Dare House', Parry's Corner, Chennai - 600 001 ~ murugappa Consolidated Unaudited Financial Results for the Quarter and Nine months ended December 31, 2024 CIN: L242 I !TN I 975PLC006989 www.eidparry.com Rs. in Crores except for per sh
Slide 10: Consolidated Segment-wise Revenue and Results
--~ AIJ.RRYS E.I.D.- PARRY (INDIA) LIMITED Registered Office: 'Dare House', Parry's Corner, Chennai - 600 001 ~ murugoppo Consolidated Unaudited Financial Results for the Quarter and Nine months ended December 31, 2024 Consolidated Unaudited Segment-wise Revenue, Results, Assets and Liabilities Rs.
Slide 11: Notes to Consolidated Financial Results
E.I.D.- PARRY (INDIAI LIMITED ~ murugoppo Registered Office: 'Dare House', Parry's Corner, Chennai - 600 001 Consolidated Unaudited Financial Results for the Quarter and Nine months ended December 31, 2024 The above Consolidated Financial Results were reviewed and recommended by the Audit Committee
Slide 12: Consolidated Financial Ratios
murugappa E.I.D.- PARRY (INDIAJ LIMITED Registered Office: 'Dare House', Parry's Comer, Chennai - 600 001 Consolidated Unaudited Financial Results for the Quarter ended and Nine months period ended December 31 , 2024 Rs in Crore wherever applicable Quarter ended Nine Months ended Year ended S.No. Ra
Slide 13: Press Release: Financial Results
~ a,1,~RYS ~ murugoppo Press Release E.I.D.-Parry (India) Limited Financial Results Chennai, February 11, 2025: E.I.D.-Parry (India) Limited, one of the largest manufacturers of Sugar in India, has reported financial results for the quarter and nine months ended 31st December 2024. Consolidated perf
Slide 14: Division performance
Sugar Division The Consolidated Sugar operations including refinery business reported a Loss before Interest and Tax of Rs. 59 Crore for the quarter as against profit of Rs. 6 Crore for the corresponding quarter of previous year. Farm Inputs Division The Consolidated Farm Inputs operations reported
Slide 15: About E.I.D. - Parry (India) Limited
About E.I.D. - Parry (India) Limited E.I.D. Parry, known for its significant presence in the Sugar and Nutraceuticals industry, has now ventured into the Fast-Moving Consumer Goods (FMCG) segment and launched a premium range of Super Grains including millets, dals, and rice. With a rich legacy of 23
Slide 16: Group information and press contacts
Guided by the ive lights — integrity, passion, quality, respect and responsibility — and a culture of professionalism, the Group has a workforce of over 83,500 employees. For more information, see www.murugappa.com For further information, please contact: Sruthi Radhakrishnan Shamitha Hegde Murugapp
Slide 17: E.I.D. - Parry (India) Ltd.
• murugappa - • Investor presentation February 2025 E.I.D. - Parry (India) Ltd. 1
Slide 18: Safe Harbour
E.I.D. - Parry (India) Ltd.- Safe Harbour ~ murugappa Certain statements made in this document may constitute forward-looking statements. These forward-looking statements are based on the currently held beliefs and assumptions of the management of the Company, which are expressed in good faith and,
Slide 19: EID Parry Snapshot
EID Parry Snapshot ~ murugappa One of the leading sugar companies in India First company Chennai India’s Leading Market Listed ESG Entity Leader in India to Produce Sugar Headquartered By Dun & Bradstreet in Southern India r 2300+ ~40.8K TCD 140 MW 582 KLPD Sugarcane Crushing Employees Co-generation
Slide 20: Our Geographic presence
Our Geographic presence ~ murugappa EID Parry has 6 sugar plants & 1 standalone distillery across 3 southern states Haliyal Sugarcane Power Distillery Sankili Location (TCD) (MW) (KLPD) Nellikuppam (TN) * 7,500 24.5 120 r .· - ---- ,~- ...... .--"":,"' .. .. ' Pugalur (TN) Sivagangai (TN) 4,800 22.0
Slide 21: Sugar & Biofuel Industry
~ murugappa Sugar S g & Biofuel ·o el Industry dustry 5
Slide 22: Global Sugar scenario
Global Sugar scenario ~ murugappa Global Sugar Balance Sheet [mmt] GLOBAL - Sugar S&D m illion mtrv 200 Ending 195 Year Production Consumption Exports Stock 190 185 SY23 179.5 176.7 62.2 46.0 180 175 SY24 183.5 177.3 68.2 40.2 170 20 18-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25· 2025-26" SY
Slide 23: Key Policies- GoI & Indian Sugar Balance
Key Policies- GoI & Indian Sugar Balance ~ murugappa Key Policies SY 21-22 SY 22-23 SY 23-24 SY 24-25 MSP- (INR/kg) 31 31 31 31 2900 for 10.00% 3050 for 10.25% FRP- (INR/MT) 3150 for 10.25% recovery 3400 for 10.25% recovery recovery recovery Release quota for Yes Yes Yes Yes Domestic Sales 6MMT up t
Slide 24: Update on Ethanol Blending Program (EBP)
Update on Ethanol Blending Program (EBP) ~ murugappa Blending % Diversion in SY 24-25 Average ethanol blending by OMC for ESY Diversion for Ethanol in SY 2024-25 is ~ 37.5 LMT of 2023-24 is 707 Crores [14.60 %]. Sugar (against 22 LMT diverted in SY 2023-24). Target of ESY 2024-25 is 18% Source: PIB
Slide 25: Sugar Strategies
(i) murugappa @) g~twl!Y !}ineet1842 Sugar Strategies 9
Slide 26: Strategies
Strategies ~ murugappa Optimize Cane Volume 01 Improve farm outcomes .,,_. 02 Multi Feed & Multi Product Distilleries Stay agile with policy changes ,~RYS 03 Focus on Institutional business Maximize realizations 04 Grow Consumer Product Group Leverage the Brand and penetrate the market 10
Slide 27: Sugar Strategy 1: Optimize Cane Volume
Sugar Strategy- 1. Optimize Cane Volume | Improve farm outcomes ~ murugappa Cane Crush [LMT] YTD Dec’24 performance 51.8 50.2 50.0 Period Cane Crushed [LMT] Gross Recovery [%] I I I YTD Dec’24 20.26 I 9.69 39.7 1- - - - ~-----1 36.7 24.6 22.9 1 YTD Dec’23 30.35 9.43 I 27.4 I _ _ __ ~-----1 I Change
Slide 28: Sugar Strategy 2: Multi Feed & Multi Product Distilleries
Sugar Strategy- 2. Multi Feed & Multi Product Distilleries | Stay agile with policy changes ~ murugappa Distillery Volume [LL] Distillery Realization [INR/Ltr] 1,242 62.20 1,044 60.39 847 59.70 627 594 723 471 646 57.10 145 188 55.65 482 406 376 399 519 FY'20 FY'21 FY'22 FY'23 FY'24 ■ ENA ■ Ethanol
Slide 29: Sugar Strategy 3: Focus on Institutional business
Sugar Strategy- 3. Focus on Institutional business | Maximize realizations ~ murugappa Institutional Sales Volume [LMT] YTD Dec’24 performance 2.09 Covid Institutional sales Realization 1.71 1.80 Period 1.63 [MT] [INR/KG] 1.21 I YTD Dec’24 I 157,579 38.48 I I 1- - - - - - - - - -1 1 YTD Dec’23 154,3
Slide 30: Strategy 4: Consumer Products - Macro environment
Strategy- 4 - Grow Consumer Product Group | Macro environment ~ murugappa Rainfall & Staples impact India 2024-25 Rabi Pulses Sowing Up 1.72% - 20-Jan-25 Area: In lakh hactare 120.00 98.28 95.87 100.00 C mmoditi s 80.00 J 60.00 AaualNormaf'lloo.p -:..~ 17.76 4.04 ~ 930 &688 40.00 8.98 5.12 ' 17.43 3
Slide 31: Strategy 4: Crop, Inflation and Consumption
Strategy- 4 - Grow Consumer Product Group | Macro environment ~ murugappa Crop, Inflation and Consumption Macro Environment (Pulses) : Macro Environment – Inflation and Premiumization and Q-Comm to be Signaling slender challenges in Spend Outlook key drivers of growth in 2025 for Desi Tur availabili
Slide 32: Strategy 4: Leverage the Brand and penetrate the market
Strategy- 4 - Grow Consumer Product Group | Leverage the Brand and penetrate the market ~ murugappa Sweetener Sales Value (INR Crore) Non Sweetener [Staples] Sales value [INR Crores] 600 522 227 500 400 369 300 266 214 189 200 I I I 120 100 0 - FY19 FY20 FY21 FY22 FY23 FY24 FY 24 Dec'23 FY 25 Dec'24
Slide 33: Consolidated CPG Sales
Strategy- 4 - Grow Consumer Product Group | Leverage the Brand and penetrate the market ~ murugappa Consolidated CPG Sales (INR Crore) 706 387 FY 24 Dec'23 FY 25 Dec'24 50+ SKUs across four categories (Sweeteners, Rice, Dhal & 111111111 Millets) The Brand is now present in 2 Lac+ Outlets in south of
Slide 34: 360 degree MarCom for Staples
Strategy- 4 - Grow Consumer Product Group | 360 degree MarCom for Staples ~ murugappa Local Cable Theatre Television Ad Radio Visibility in-shop Wall Posters Hoardings High impact 360 campaign TV, Digital, Outdoor in TN & KA Bus shelters Busback panels Full bus wrap 18
Slide 35: Company Performance
COMPANY PERFORMANCE 19 19
Slide 36: Sugar Segment Sales and Margin
Sugar Segment Sales and Margin ~ murugappa Sugar Sales mix [LMT] YTD Dec’24 performance Realization 5.19 4.64 Period Sales [LMT] 4.94 [INR/Kg] 0.07 4.00 1.52 I I 3.72 1.69 I YTD Dec’24 3.10 38.78 I 1.34 0.81 1.15 1.00 I I 0.54 0.72 I YTD Dec’23 3.58 36.64 I 0.60 2.09 I I 1.21 1.63 1.80 I Change over
Slide 37: Standalone performance
Standalone performance ~ murugappa EID Segment Revenue YTD Dec’23 YTD Dec’24 INR Cr Sugar 1,394 1,163 Co-generation 112 68 Distillery 575 833 Nutraceuticals 21 27 Consumer Products External Borrowings 400 689 Sub total 2,502 2,780 Finance Period Long term Short term cost Intersegmental revenues (410
Slide 38: Consolidated Nutra Performance
~ murugappa Consolidated Nutra Performance 22
Slide 39: Nutraceuticals | Consolidated Performance
Nutraceuticals | Consolidated Performance ~ murugappa Nutraceuticals product mix Revenue from operations [INR Cr] 277 128 254 259 114 143 97 210 219 127 80 96 65 83 47 69 51 30 44 45 FY’20 FY’21 FY'22 FY'23 FY’24 ■ Greens ■ Joint Health ■ Prostate Health & Others FY’20 FY’21 FY'22 FY'23 FY’24 PBIT Y
Slide 40: Sugar Refinery: Sweeter up the value chain
~ murugappa Sugar Refinery Sweeter up the value chain Adding value & volume to manage restricted spread environments, increase profitability and create premium customer segments 24 24
Slide 41: Refinery Business Profile
Refinery - Business Profile ~ murugappa Customers Overview .------, S&.D Capacity: 9.00 LMT L---....1 FY 24 Sales: 8.30 LMT FY24 Revenue: INR 4,400 Cr .MP.!J~<;!_,;;.. ~ pepsi - YTD Dec 24 Sales: 6.24 LMT Revenue: INR 3,243 Cr Refinery Business ~ Profile Certifications Suppliers Raw Sugar: Ex Brazil
Slide 42: Refinery | Spreads & Cost
Refinery | Spreads & Cost ~ murugappa Refinery Spread ($/MT) ➢ Spreads are moderated in FY’25 due to higher supplies 80 from EU, Ukraine, Pakistan and Indian export 60 announcement. 66 62 66 40 53 ➢ Spreads are lower in the near term, challenging utilization 52 50 42 44 42 43 rates of refineries. 20
Slide 43: Refinery | Performance
Refinery | Performance ~ murugappa Operational Performance UOM FY20 FY21 FY22 FY23 FY24 YTD Dec'23 YTD Dec'24 Capacity LMT 9.00 9.00 9.00 9.00 9.00 6.75 6.75 FY21 PBT incl. extraordinary item Melting Rate MT/Day 2700 2,564 2,595 2,649 2,912 2,876 2,916 • Inventory write-off (USD 16.64 Mn) Production
Slide 44: Consolidated Financial Performance
~ murugappa CONSOLIDATED FINANCIAL PERFORMANCE Consolidated Financial Performance 28
Slide 45: Consolidated Financials (excluding Coromandel International Ltd.)
Consolidated Financials (excluding Coromandel International Ltd.) ~ murugappa EID Segment Revenue YTD Dec’23 YTD Dec’24 INR Cr Sugar 4,892 4,406 Co-generation 112 68 Consolidated External borrowings Distillery 575 834 YTD YTD Nutraceuticals Segment 149 138 Dec’23 Dec’24 Consumer Products 400 689 EID
Slide 46: Glossary
Glossary ~ murugappa --- AP CoP Andhra Pradesh Cost of Production --- ACRONYMS Ltr LU Litre Lakh Unit --- Cr Crore EBIT Earnings Before Interest & Tax EBITDA Earnings Before Interest, Tax & Depreciation --- MMT Mn MSP Million Metric Tonne Million Minimum Selling Price --- EBP EHS ESG Ethanol Blendin
Slide 47: Thank you!!
~ murugappa Thank you!! - :gr -~:"=--- ~i- .,,._4 r Thank You Corporate Office: For Investor relations Contact: 234 NSC Bose Road, investorservices@parry.murugappa.com Chennai-01 31
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