E.I.D.-Parry (India) Limited · NSE:EIDPARRY
E.I.D.-Parry (India) — E.I.D. - Parry (India) — Investor Presentation (May 2005)
93 slides from E.I.D.-Parry (India)'s investor presentation, May 6, 2005
Slide 1: Brokers & Analysts Meet
Welcome to Brokers & Analysts Meet E.I.D. - Parry (India) Ltd 6th May 2005 Mumbai 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections abo
Slide 3: Murugappa Group and Vision for EID Parry
• Murugappa Group and Vision for EID Parry Mr. A Vellayan Vice Chairman 3 3
Slide 4: Group Performance Highlights
Group Performance Highlights 2004-05 4
Slide 5: Group Sales Trend
Group Sales Trend Sales Contribution (2004-05) Sales (Rs. Billion) Others CUMI 13% 63 6% FIND 44% 53 EIDP 42 42 12% 37 39 TII 31 26 27 25% 24 19 9 20 1 19 8 20 2 20 3 6 20 0 5 19 7 20 4 -9 -0 -9 -0 -0 -9 -0 -0 -9 -0 98 00 97 01 02 95 96 99 04 03 19 19 5 5
Slide 6: Group PBT Trend
Group PBT Trend PBT Composition (2004-05) PBT (Rs. Billion) Others FIND 22.5% 22% 5.5 CUMI 9.5% TII 3.5 EIDP 23% 2.5 2.6 2.6 23% 2.3 2.4 2.0 1.5 1.7 8 6 7 9 1 2 3 4 5 0 -9 -9 -9 -9 -0 -0 -0 -0 -0 -0 95 97 96 98 00 02 03 01 04 99 19 19 19 19 20 20 20 20 20 19 6 6
Slide 7: Group PBT Trend
19 95 -9 6 19 96 6.4 -9 7 19 97 6.7 -9 8 19 98 7.4 -9 9 19 99 7.4 -0 0 20 00 6.6 -0 1 20 01 6.1 -0 2 PBT (% of Sales) 20 02 6.2 -0 3 Group PBT Trend 20 03 6.3 -0 4 20 04 7.1 -0 5 8.7 7 7
Slide 8: Vision for EID Parry
Vision for EID Parry • To become India’s No. 1 integrated sugar complex company in revenues as well as profits • To become India’s most preferred provider of high quality bathroom solutions • To become India’s Leading Organic Pesticide manufacturer and exporter 8 8
Slide 9: EID Parry(I) Ltd
• EID Parry(I) Ltd Mr. P Rama Babu Managing Director 9 9
Slide 10: EID Parry Performance Highlights
EID Parry Performance Highlights 2004-05 10
Slide 11: Brief Highlights (2004-05)
Brief Highlights (2004-05) Sugar Division • About 80,000 MT Raw Sugar imported and processed to maximise capacity utilisation • Launch of Refined Sugar and Parry Pure brand for retail market. Available at over 800 outlets across Chennai, Pondicherry and Bangalore • Highest ever “Fresh” Cane Planting
Slide 12: Brief Highlights (2004-05)
Brief Highlights (2004-05) Parryware • Capacity Increased from 29400 MT to 34500 MT & basic Infrastructure facilities improved • Dedicated manufacturing facility for supply of Taps – GTPL Bio Products • Obtained registration in Argentina – a major producer of organic and ‘green’ food to North Americ
Slide 13: Brief Highlights
Brief Highlights Corporate 2004-05 – Superbrand Status – Divested PCL- Parry Confectionery Ltd. – Divested Small businesses : Netlon, Parry Travel, General Marketing Division (GMD) – Interest cost at Rs. 3.5 Cr. - lowered from level of Rs. 45 Cr. in 2000-01 (for current set of businesses in EIDP) –
Slide 14: Financial Movement
Financial Movement Year Ended 31st March 1.4 Gross Income (Rs billion) 16 Gross Income 1.2 PBT PBT (Rs billion) 1 12 0.8 8 0.6 0.4 4 0.2 0 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Earnings per Share (in Rs.) 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 16.48 15.00 15.46 20.
Slide 15: Sugar Business
| STR pe Go beyond Sugar Business
Slide 16: Global Sugar situation
Global Sugar situation • Short term: – Consumption continues to increase and leads production for the second consecutive year, thus depleting global stocks – Poor crops in India, Thailand, Cuba and Pakistan creating a deficit – Brazil producing more Sugarcane • To cater to higher Ethanol Domestic Us
Slide 17: Indian Sugar Scenario
Indian Sugar Scenario • Sugar production needs to grow at 19% CAGR for the next 5 years – to be self-sufficient (India policy) – meeting the 4% consumption growth and – bringing back stocks to acceptable food security levels (4 months holding) – Thus stocks will be low over the next 5 years and the
Slide 18: Sugar Demand and Supply Forecasts
Sugar Demand and Supply Forecasts India: Demand - Supply estimates 300 100% Past Future 90% 250 80% 70% 200 Stock to Use % 60% Lakh MT 150 50% 40% 100 30% 20% 50 10% 0 0% Sep30, Sep30, Sep30, Sep30 Sep30 Sep30 Sep30 Sep 30 Sep 30 Sep 30 Sep 30 Sep 30 Sep 30 Sep 30 11 Sep 30 ‘98 ‘99 ‘00 ‘01 ‘02 ‘03 ’
Slide 19: Price and Stock to Use Ratio Movements
Price and Stock to Use Ratio Movements 80 17,000 16,378 16,500 70 70 16,000 65 65 61 15,500 60 14,671 14,673 15,000 50 14,390 14,393 14,500 46 47 14,000 40 13,245 13,500 13,100 36 12,889 13,000 30 12,500 20 12,000 FY 97-98 FY 98-99 FY 99-00 FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 04-05 Avg Avg Avg Av
Slide 20: Why South India?
Why South India ? • Competitiveness in the Sugar Industry is driven by – Mutual Inter-dependance between the Farmer & the Miller • Thus Total Recovered Sugar per Ha (= Cane Yield, MT per Hectare X Recovery, Ton of Sugar per Ton of Cane) should be the key measure – Agro climatic conditions • Long cru
Slide 21: EID - A Significant Player in TN
EID - A Significant Player in TN EID Sugar Factories New Horizon 21 21
Slide 22: EIDP's Position in the Industry
EIDP’s Position in the Industry Sales - 4 year average PBT - 4 year average Balrampur Balrampur Bajaj Dhampur Bajaj EID Parry Sakthi Bannari Bannari EID Parry Oudh Ugar KCP Upper Simbhaoli Rajshree KC P Dharani Ugar Thiru Arooran Rana Rajshree Rana Dharani Nahar 0 100 200 300 400 500 600 700 0 20 40
Slide 23: EIDP's position in the Industry
EIDP’s position in the Industry ROCE - 4 year Average Market Capitalisation (31 Mar 05) Bajaj Balrampur EID Parry Bajaj EID Parry Balrampur Bannari KCP Dhampur Ugar Sakthi Bannari Ugar Simbhaoli Upper Sakthi Oudh Thiru Arooran Rana Rajshree Upper Rana Oudh Simbhaoli Dhampur Dharani Thiru Arooran Nah
Slide 24: Highlights 2004-05
Highlights 2004-05 • Refinery commissioned & Parrys Pure Refined sugar launched • Nellikuppam, India’s First Sugar Unit, has been fully automated with DCS • Cane Pricing on Average Recovery basis, will positively impact Sugar Division’s profitability • Derisking Projects – Co-Products – Commenced in
Slide 25: Performance 2004-05
Performance 2004-05 2003-04 2004-05 Y o Y (%) Sugar Production 2.61 2.33 (11 %) ( LMT) Sugar Sales 2.73 3.03 11% volume ( LMT) Sales Realisation 12313 15237 24% (Rs / MT) Raws Processed 6975 79782 - (MT) Cane Planting 59334 94816 60% (Acres) 25 25
Slide 26: Sugar Business Financials
Sugar Business Financials (Rs in Mn) FY 2003 FY 2004 FY 2005 CAGR Revenue 4680 4200 5563 9% EBITDA 418 551 893 46% EBIT 218 346 701 80% Capital Employed 3612 3391 3463 EBITDA Margin 9% 13% 16% ROCE 6% 10% 20% 26 26
Slide 27: The Way Ahead
The Way Ahead…, • De risking -Value from • Co-Products Projects in all every part of cane stick units • Decontrol - Inventory, • Management systems & Product-Mix & Flexibility processes in operation • Branding • Technology for various grades • Low Cost including • Continous improvements; Finance (2n
Slide 28: Extracting Value from Every Part of the Cane Stick
Extracting Value from Every Part of the Cane Stick Cane Molasses Sugar Bagasse Alcohol Refined Sugar Steam Fuel Ethanol Extra Neutral Alcohol (ENA) Power Process Steam Saleable Surplus Total Recycle of water from Cane (70% by wt) Cane Tops (normally trash) as fuel for Boilers 28 Value added & Co - P
Slide 29: Value Addition - Cost Structure
Value Addition - Cost Structure Basis: 1 MT of Cane at Recovery of 10% Integrated Plant Parameter Conventional Mill (Nellikuppam model) Sugar 100kg 100 kg Molasses 40 kg X Ethanol X 10 litres Saleable Power X 75 kwh Co-product Revenue (Rs) 100 461 Sugar Revenue (Rs) 1600 1600 Total Revenue (Rs) 1700
Slide 30: Increasing the Flexibility
Increasing the Flexibility Now Future Product - Sugar S- 30 & M-30; Refined grades Brokers & Civil & Institutions, Wholesalers Distribution Channels Supplies Dept & Retailers & Raws; Raw Material Cane Tolling during Off-season By Product - Alcohol Rectified Spirit & Ethanol, ENA & Coal, Lignite & Ag
Slide 31: Co-Products Projects
Co-Products Projects CoGeneration of Power MW Alcohol/Ethanol Prod (mn Lt) Where we want to be Rs 166 Cr Where we Rs 80 Cr want to be 77 42 Where we Where we are today are today 24.5 12 2003-04B 2007-08 2003-04 2007-08 Sugar Production LMT Crushing capacity TCD Where we want to be Rs 45 Cr Where we
Slide 32: Acquisitions
Acquisitions • New Horizon Sugar Mills, Pondy – 2000 TCD Plant – Successful bidder, confirmation awaited from Hon’ble High Court of Madras – Synergies with Nellikuppam Unit – Opportunity to crush about 6 to 8 Lac MT of Cane – Access to Port – Possible tolling location in future • Anticipated Consoli
Slide 33: Bio Products Business
4 J" —<) | > Go beyond Bio Products Business
Slide 34: Market Scenario
Market Scenario …….. Consumer awareness and preference towards safer food Global conventions on environment and Persistent Organic Pollutants Regulatory changes to meet international obligations Emergence of Organic and Green movement …….. Towards a safe and sustainable future 34
Slide 35: Shifting Trends in Global Pesticide Business
Shifting Trends in Global Pesticide Business Conventional Organic Combination Red Green Amber (8 billion US $ Stagnant) Bio-pesticides are applicable in the Green and Amber segments Value of global sales US $ 890 Mill Estimated to grow at over 10% 35 35
Slide 36: Bio Products Business Today
Bio Products Business Today • Bio Pesticides for “Clean & Green” Crop cultivation, Home Garden, Turfs and Ornamentals and Public Green • Major markets covered - North & Central America, Europe and India • Over 70% of revenue come from exports 36 36
Slide 37: Products
Products • NEEMAZAL® Technical - High Purity, High Quality (less than 50 ppb Aflatoxin) extract of active ingredients (mainly Azadirachtin A & B) from the Neem Seed Kernel • NEEMAZAL® Formulations - High Quality, Stable formulations for crop protection applications • Neem Cake & Neem Oil 37 37
Slide 38: Production Facility
Production Facility • Annual Capacity of 7500 kgs of 100% Azadirachtin • Located at Tyagavalli near Cuddalore, TN • State-of-the-art plant • ISO 14001 Certified • Certified by IMO for organic agriculture 38 38
Slide 39: Key Drivers
Key Drivers • Patent protection in target markets – Patents in 21 countries; Process patents valid till 2012 and product patents valid till 2020 • Regulatory Clearances in target markets including U.S.A., Mexico, Germany, Italy, Holland, & India (a total of 23 countries in all) • State-of-the-art R&
Slide 40: Bio Products: Financials
Bio Products : Financials (Rs in Mn) FY 03 FY 04 FY 05 CAGR Revenue 88 160 203 52% EBITDA -1 27 52 621% EBIT -14 13 39 524% Capital 363 297 221 Employed EBITDA % -1% 17% 26% ROCE % -4% 4% 18% 40 40
Slide 41: Parryware
• Parryware K E Ranganathan Vice President 41 41
Slide 42: Welcome to ..
Welcome to .. 42
Slide 43: The success story of
The success story of 43 43
Slide 44: Indian Housing market
[Home loans set to grow at 30-40 pc — J/0 oo a is the annual growth of li he | longer bother and Pune will witness huge growth in tl stting into debt); the PE/008 Busienss Lime 13 Seturdey, July 5, 2009 Bright prospects seen for housing, allied sectors Deepen Mapharmae = MURUGAPPA —— Group —
Slide 45: How did we go about in gaining a larger share of this market growth?
How did we go about in gaining a larger share of this market growth ? 45 45
Slide 46: Parryware's operations - A Snapshot
Parryware’s operations – A Snapshot 3 Plants (north/west/south) 12 Stock points 2500 products (SKUs) 4 Experience Centers 4500 outlets - shops 10 Customer New Plant 46 Service centers 46
Slide 47: Major Exports Markets
Major Exports Markets 47 Exports contributes to 7% Parryware Sales Volume 47
Slide 48: Highlights- 2004/05
Highlights- 2004/05 • Continues to be No.1 Brand • Parryware enters Taps category successfully • Capacity enhanced by 16% on sanitaryware • New Products @ 24% of sales drives growth • Productivity enhanced – higher yields • Sales grow @ 25% - ahead of market 48 48
Slide 49: Business is all about customers
Business is all about customers Parryware Share of market More Buy Customers Parryware Share of wallet Buy More Parryware 49 49
Slide 50: Contemporary Brand Enhanced
Contemporary Innovative “Brand” “Products” Assured Enhanced “Service” “Experience” Around the customer 50 50
Slide 51: More Customers buy Innovative products
More Customers buy Innovative products Tapti Basin Cardiff Walvit Athena Range Contemporary Contemporarydesigns designs 51 51
Slide 52: More Customers buy Innovative products
More Customers buy Innovative products Comfort pan Solid seat cover Ergonomics Ergonomicsbased basedcomfort comfort 52 52
Slide 53: More Customers buy Innovative products
More Customers buy Innovative products Pluto basin Vienna Walvit pan Concealed cisterns Smart Smartnew newways waystotosave savespace space 53 53
Slide 54: More Customers buy Innovative products
More Customers buy Innovative products Waterless urinals Integrated EFS E Taps Saving Savingwater waterresource, resource,Touch Touchfree freehygiene hygiene 54 54
Slide 55: Customers buy more Taps & Invisibles range
Customers buy more Taps & Invisibles range Share of wallet ! 55 55
Slide 56: Customers buy more Glamour range
Customers buy more Glamour range Milton Glasgow Ontario Clifton Niagra Glass Basin Shower Panel Shower Temple 56 56
Slide 57: New Colours
New Colours • Contemporary & Exciting Colour Offering from Parryware – In Consultation with leading Colours experts – To be in line with Current Consumer preference for colours 57 57
Slide 58: Brand Experience
Brand Experience • PW Experience centers – Mumbai – Delhi – Chennai – Bangalore 58 58
Slide 59: Array of Quality Certifications
Array of Quality Certifications • ISO 9001 : 2000 - First Company in the Industry to get the certification for entire business operations • ISO 14001 : 1996 – For all three plants certified by British Standards Institution • OSHAS 18001 – For all three Plant certified by BSI Management systems • Pro
Slide 60: Parryware Business
Parryware Business (Rs in Mn) FY 2003 FY 2004 FY 2005 CAGR Revenue 1419 1599 1960 18% EBITDA 225 234 283 12% EBIT 170 180 230 16% Capital 802 746 973 Employed EBITDA % 16% 15% 14% ROCE 21% 24% 24% 60 60
Slide 61: Business Mix
Business Mix 30% 4% 28% 66% Sanware Taps Allied Entry into 2004-05 Taps 72% Sanware Allied JADE PEARL 2003-04 EMERALD 61 SAPHIRE 61
Slide 62: Sales Value Trend
Sales Value Trend 1600 Gr% 1500 PRW CAGR: 9% 9% 1400 Rs Mn 5% 1300 21% 1200 16% 1100 2% 5% -1% 1000 '00-01 '01-02 '02-03 '03-04 PRW 1225 1289 1400 1587 HSI 1134 1122 1182 1374 04-05 (9 Months Sales) 62 PRW Rs.1450 Mn HIS Rs.1180 Mn 62
Slide 63: Return on Capital Employed: Compared to competition
Return on Capital Employed : Compared to competition 30% 25% 24% 21% 20% 17% % 15% 13% 12% 10% 10% 5% '01-02 '02-03 '03-04 PRW 12% 21% 24% 'HSI 13% 10% 17% 63 63
Slide 64: Going forward .. into 2005-06
Going forward .. into 2005-06 64 64
Slide 65: Key Growth Drivers
Key Growth Drivers • Affordability – First house at the age of 35 • Desirability – Own house, a dream come true • Availability – 40m homes shortage • Upgradability – Renovation 65 65
Slide 66: Key Strategies
Key Strategies Sustain Enhance Market Brand Experience Leadership Taps Strengthen Projects Premium Image & Institutions 66 66
Slide 67: Manufacturing facilities
Manufacturing facilities • Modernized plants with – Good infrastructure facilities – Geographically well distributed • Assured Raw material availability • Possibilities of Regasified Liquified Natural Gas (RLNG) availability – Dewas, MP in FY07 – Perundurai, TN expected from FY09 67 67
Slide 68: Marching Towards World Class Benchmarks
Marching Towards World Class Benchmarks • Improving Cost efficiency – Continuous Yield Improvement – More focus on Quality standards – Build Capability to produce products of international standards – Technical Assistance from CERAM UK in certain specialized areas – New R&D Facility set up at Ranipe
Slide 69: Capacity Additions
Capacity Additions New 50000 Facility at South Capacity addition at Dewas 40000 in MT 30000 20000 '03-04 '04-05 '05-06 '06-07 Addn 4700 12000 Extg 29800 29800 34500 34500 69 69
Slide 70: Taps & Fittings
Taps & Fittings • Major ‘Growth Driver’ • Tie-up with dedicated vendor • National Presence • Wider Range Topaz Citrine • Same Brand Promise Triliant Garnet Agate DC e Tap 70 Cascade 70
Slide 71: Future Plans
Future Plans • Be the ‘preferred brand choice’ of customers – Parryware as ONE STOP solution – Deliver brand promise on product, service & experience • Grow ahead of market : – Grow aggressively in all markets thru’ innovative products & services – Appropriate investments for capacity – Taps capture
Slide 72: Parryware: Summary
Parryware : Summary • Strong brand, well in sync with contemporary trends • Only brand to offer well coordinated glamourooms with Sanware, Accessories & Taps • Wider choice with latest collection • Easy availability • Constantly improve capability to manufacture and market products as per evolving c
Slide 73: Glamour Times ahead
Glamour Times ahead … 73
Slide 74: Financials and Future Plans
• Financials and Future Plans D. Kumaraswamy CFO 74 74
Slide 75: Structure
Structure E.I.D.- PARRY (INDIA) LIMITED INVESTMENTS SUGAR PARRYWARE 1. Coromandel COGEN (Sanitaryware, Bio Products Fertilizers Ltd., RECTIFIED SPIRIT Allied products & 2. Parry Monsanto & ETHANOL Taps) Seeds( P) Ltd., East India Trichy Parry Sugars Distilleries & America (P) Ltd., Chemicals Ltd., I
Slide 76: Financials at a Glance: Income Statement
Financials at a Glance: Income Statement (Rs in Millions) Description FY 2003 FY 2004 FY 2005 CAGR% Sales 5736 5607 7172 12% EBITDA 771 814 1358 33% EBIT 471 511 1076 51% Interest 210 75 35 PBT 261 435 1041 100% Extra ordinary Items 151 98 232 Net PBT 412 533 1273 76% PAT 273 432 1043 95% 76 76
Slide 77: Segment-wise: Revenue Trends
Segment-wise :Revenue Trends FY 2003-04 FY 2004-05 Extraordin Bio Others Extrordi 5% Bio Others ary 2% nary 3% 2% 3% 3% Parrywa re Parryware 24% 25% Sugar Sugar 65% 68% Total Revenue: Rs.6414 millions. Total Revenue: Rs.8191 millions. 77 77
Slide 78: Segment-wise: EBIT Trends
Segment-wise :EBIT Trends FY2003-04 FY 2004-05 Extrordin Others Others ary 4% 8% Extraordi 15% nary 18% Bio 1% Bio Sugar Sugar 53% 3% 53% Parryware 18% Parryware 27% Total EBIT: Rs.608 millions Total EBIT: Rs.1308 millions 78 78
Slide 79: Financials at a Glance: Balance Sheet
Financials at a Glance: (Rs crore) Balance Sheet (Rs in Millions) BALANCE SHEET Particulars FY03 FY04 FY05 NFA 3430 3030 3230 NCA 1808 1942 2268 Investments 880 1101 1013 Capital employed 6118 6073 6510 Networth 3416 3375 4169 D.Tax Liability 451 482 508 Long Term Borrowing 754 654 916 Other Borrowi
Slide 80: Segment-wise: Capital Employed
Segment-wise :Capital Employed EIDP Only Rs in Millions FY2003-04 FY 2004-05 Others, Others, 1879, 1674, 29% 27% Sugar, 3463, Sugar, Bio, 221, 53% Bio, 297, 3391, 3% 5% 56% Parryware , 973, Parryware 15% , 746, 12% Total Cap Employed: Rs.6108 millions Total Cap Employed: Rs.653680millions 80
Slide 81: Financials at a Glance: Key Ratios
Financials at a Glance: Key Ratios Particulars FY 2003 FY 2004 FY 2005 EBITDA Margin % 13.4% 14.5% 18.9% ROCE % 7.7% 8.4% 16.5% RONW % 8.0% 12.8% 25.0% EPS (Rs) 15 24 58 PE Multiple 5.01 8.29 9.13* Dividend % 60% 75% 125% Dividend Payout % 45% 35% 31%** Book Value/Share 191 189 234 * PE multiple for
Slide 82: Future Plans
4 J" — | > Go beyond Future Plans
Slide 83: Proposed Investments
Proposed Investments Rs. Mn Funding Rs. Mn Mar06 Mar07 Total Proposal Mar06 Mar07 Total % Sugar Division Internal Sugar 130 320 450 Accrual 1050 920 1970 46% Cogen 1550 540 2090 Debt 1250 1100 2350 54% Distillery 800 800 Sugar Division Total 1680 1660 3340 Total 2300 2020 4320 100% Parryware Divisio
Slide 84: Consolidated Financials
Consolidated Financials 84 84
Slide 85: Consolidated Financials Income Statement
Consolidated Financials Income Statement Rs in Millions Description FY 2003 FY 2004 FY 2005 Sales 15324 17132 22367 EBITDA 1701 1942 2604 EBIT 1082 1311 1970 Interest 477 369 98 PBT 605 942 1872 Extra ordinary Items 198 164 348 Net PBT 803 1106 2221 PAT 480 747 1693 PAT (less minority 416 636 1547 i
Slide 86: Consolidated Financials Balance Sheet
Consolidated Financials Balance Sheet Rs in Millions Particulars FY03 FY04 FY05 NFA 7433 6949 7057 NCA 4520 4288 5079 Investments 469 1678 1710 Capital employed 12422 12915 13846 Networth 5371 4724 6018 Minority Interest 510 1078 1243 D.Tax Liability 1317 1322 1375 Long Term Borrowing 1959 2963 3290
Slide 87: Consolidated Financials Key Ratios
Consolidated Financials Key Ratios Particulars FY 2003 FY 2004 FY 2005 EBITDA Margin % 12.0% 11.6% 12.5% ROCE % 9.8% 10.5% 15.7% RONW % 7.8% 13.4% 25.6% EPS (Rs) 23 36 87 PE Multiple 3.21 5.63 6.15 Book Value/Share 301 267 339 87 87
Slide 88: Financials of Major Subsidiary Company
Financials of Major Subsidiary Company 88
Slide 89: Coromandel Fertilizers Ltd.
Coromandel Fertilizers Ltd., Rs in Millions Description 2003-04 2004-05 Description 2003-04 2004-05 EPS 16.97 27.23 Sales 12116 15251 Market Price 107.4 208 EBDITA 1346 1442 P.E 6.33 7.64 EBIT 995 1116 Paid up capital 254.1 254.1 Interest 287 187 EID group's Holding 68.69% 68.69% PBT 708 929 Capital
Slide 90: EID's Share Price Performance
EID’s Share Price Performance 90
Slide 91: Indexed Stock Performance
Indexed Stock Performance Market Cap: Rs.10,039 Millions 700 450,000 400,000 600 350,000 500 300,000 400 250,000 300 200,000 150,000 200 100,000 100 50,000 0 0 Oct-01 Mar-02 Aug-02 Jan-03 Jun-03 Nov-03 Mar-04 Aug-04 Jan-05 Apr-05 Volume (RHS) EID Sensex (Rebased) EID (incl. CFL shares issued on deme
Slide 92: Financial Calendar
Financial Calendar Annual General Meeting 4th Week July Q1 Results 4th Week July 1H Results 3rd Week Oct Q3 Results 3rd Week Jan 92 92
Slide 93: Thank you
| STR pe Go beyond
E.I.D. - Parry (India) — Investor Presentation (May 2005) on 6ix