A Sweet Deal For Investors: EID Parry’s 5,937% Returns

Had you invested 1 lakh in September 2002, you could have had ₹1.01 crores in profits today, with returns of ₹59.3 lakhs and ₹62 lakhs in dividends! Here’s a look at how EID Parry has performed over the years.

🍭 Stock: E.I.D. PARRY INDIA
🍭 NSE: $EIDPARRY

🌱 The Roots
Founded in 1788, ‘Parry’ has been a household name for over 225 years. The company holds the distinction of setting up India’s first sugar plant at Nellikuppam in 1842 and continues to pioneer new paths in each of its businesses even today.

Amongst the leading sugar manufacturers in India, E.I.D. Parry’s 9 sugar plants are spread across South India. These state-of-the-art plants have a total sugarcane crushing capacity of 43,400 TCD, a co-generation capacity of 160 MW and a distillery capacity of 234 KLPD across units.

🔎 Specialities
E.I.D. Parry is a pioneer and world leader in organic spirulina and microalgal products in the nutraceutical space. ‘Parry’s Spirulina’, with 3 major international certifications, is sold in more than 41 countries across the globe.

The highly specialised manufacturing plants of the nutraceuticals business for microalgal production are located at Oonaiyur and Saveripuram in Tamil Nadu. The company also retains a significant presence in the farm inputs business through its subsidiary Coromandel International Limited.

🍫 What Makes Parry Sweeter Than Its Peers?
🍦 Parry’s Pure is the only sugar brand to be conferred the ‘Super Brand’ status in India.
🍦The company’s fully automated standalone distillery in Sivaganga, started in 2009, is the first of its kind in the country with zero emissions, zero effluent and captive power generation capability.
🍦In the nutraceuticals space, E.I.D. Parry is a world leader in microalgae technology, comprising spirulina and natural beta carotenoids.

📈 Stock Value
On September 9, 2002, the shares of the company were trading at ₹9.35, while they were priced at ₹564.5 as of September 8, 2022.