Parrys Sugar Industries Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 500162 | NSE: PARRYSUGAR | Sugar | Small Cap

BSE Share Price
Not Listed

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Parrys Sugar Industries Ltd. - (Amalgamated) stock performance -

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P/E Ratio (SA):
3.04
Market Cap:
95.1 Cr.
52-wk low:
47.3
52-wk high:
53.3

Is an attractive stock to invest in?

1. Is a good quality company?

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2. Is undervalued or overvalued?

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No data found

10 Year X-Ray of Parrys Sugar Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 15.8%6.6%2.5%-3.1%-4.1%4.7%0.3%-6.7%0.6%-9%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 192153127204334623101172198291283
Sales YoY Gr.--20.7%-16.9%60.6%64.1%86.4%-83.8%70.9%15.2%46.8%-
Adj EPS 103.1-1.9-29.4-37.9-4.2-6.5-18.1-7.9-1315.7
YoY Gr.--68.6%-160.1%NANANANANANANA-
BVPS (₹) 55.156.556.627.4-16.1-31-1.1-19.1-27.1-40.1-34.4
Adj Net
Profit
19.96.3-3.8-58.7-75.7-8.5-12.9-36-15.7-2631
Cash Flow from Ops. 4970.8-34.5-76.7-10464.3-82.1-10.346.450.2-
Debt/CF from Ops. 3.34.6-12.6-7-4.712.6-2.2-17.52.91.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.7%-2.7%42.5%46.8%
Adj EPS -203%NANANA
BVPS-196.5%NANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
14.75-3-59.9-160.7-10.9-31.1-291.2-199.5-238-42.1
Op. Profit
Mgn %
27.31617.8-7.22.511.86.1-4.13.5-1.617.9
Net Profit
Mgn %
10.34.1-3-28.8-22.7-1.4-12.8-20.9-7.9-8.911.1
Debt to
Equity
1.32.63.47.812.6911.919.220.65.5-
Working Cap
Days
22818229126516620390346041923899
Cash Conv.
Cycle
961910727091602281183-20-12

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Parrys Sugar Industries Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 15.7 -27.6
TTM Sales (₹ Cr.) 283 526
BVPS (₹.) -34.4 -23.3
Reserves (₹ Cr.) -89 -66
P/BV -1.38 -2.05
PE 3.04 0.00
From the Market
52 Week Low / High (₹) 47.25 / 53.25
All Time Low / High (₹) 5.70 / 378.60
Market Cap (₹ Cr.) 95.1
Equity (₹ Cr.) 20
Face Value (₹) 10
Industry PE 26.4

Management X-Ray of Parrys Sugar Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Parrys Sugar Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales192.32152.55126.84203.75417.84467.39100.73172.14198.37291.21
Operating Expenses 139.77128.23104.30218.43407.59412.3094.58179.13191.42295.86
Manufacturing Costs22.8434.6620.4723.0152.6140.8421.9119.5921.6222.32
Material Costs100.5970.5560.41153.86315.74329.8255.71142.71159.04258.61
Employee Cost 7.339.6310.9414.4819.7419.625.775.225.055.77
Other Costs 913.3912.4727.0719.5022.0211.1911.615.709.14
Operating Profit 52.5524.3222.55-14.6710.2555.096.15-76.95-4.64
Operating Profit Margin (%) 27.3%15.9%17.8%-7.2%2.5%11.8%6.1%-4.1%3.5%-1.6%
Other Income 7.0114.348.0723.810.110.060.100.391.101.35
Interest 12.8312.8920.5242.1078.2351.7814.2923.0316.6615.27
Depreciation 12.7714.3117.8126.8736.6623.504.906.407.137.43
Exceptional Items 0000000000
Profit Before Tax 33.9611.45-7.72-59.84-104.54-20.13-12.93-36.04-15.74-25.99
Tax 14.094.94-8.33-1.41-9.86-13.760000
Profit After Tax 19.876.510.61-58.43-94.67-6.37-12.93-36.04-15.74-25.99
PAT Margin (%) 10.3%4.3%0.5%-28.7%-22.7%-1.4%-12.8%-20.9%-7.9%-8.9%
Adjusted EPS (₹)9.42.70.3-29.3-47.4-3.2-6.5-18.1-7.9-13.0
Dividend Payout Ratio (%)16%37%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 124.18126.96127.1868.7549.0867.7015.399.356.4315.44
Share Capital 34.0834.0834.0834.08109.08134.0837.5267.5280.52115.52
Reserves 90.1092.8993.1034.67-60-66.37-22.13-58.17-74.10-100.08
Minority Interest0000000000
Debt162.75324.45434.24533.73612.74601.62177.63165.72126.7866.53
Long Term Debt162.75324.45434.24533.73381.29419.2397.0593.4567.4565.53
Short Term Debt0000231.45182.4080.5872.2759.331
Trade Payables25.2351.2660.5864.7922.4791.3133.4367.50127.74176.57
Others Liabilities 53.2360.1642.8727.8452.02108.0982.47113.0381.4455.04
Total Liabilities 365.38562.83664.87695.12736.29868.72308.92355.60342.38313.58

Fixed Assets

Gross Block268.17297.93526.91591.16622.17670.07111.92130.39138.35139.61
Accumulated Depreciation49.6163.8570.7696.27132.41155.8613.8020.2027.4834.91
Net Fixed Assets218.56234.08456.15494.89489.76514.2198.12110.19110.87104.70
CWIP 45.85214.2665.5310.931.4011.243.23000
Investments 0.575.595.2413.6813.6813.680.050.050.0514.07
Inventories17.9926.8851.4888.59124.59176.61181.75157.85168.67122.76
Trade Receivables39.9419.0523.4719.8013.9446.015.1447.2527.3616.88
Cash Equivalents 9.246.695.603.128.7513.290.551.283.9926.67
Others Assets33.2356.2857.3964.1184.1893.6720.0738.9731.4328.49
Total Assets 365.38562.83664.87695.12736.29868.72308.92355.60342.38313.58

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity 48.9970.77-34.51-76.72-130.5548.22-82.10-10.2546.3850.17
PBT 33.9611.45-7.72-59.84-104.54-20.13-12.93-36.04-15.74-25.99
Adjustment 18.8825.0532.5555.14114.1475.1619.0930.5223.2723.27
Changes in Working Capital 0.0935.19-38.61-29.57-75.3836.43-77.6414.3652.477.5
Tax Paid -3.94-0.92-0.21-0.403.3200.01000
Cash Flow From Investing Activity -75.58-217.81-120.80-25.24-23.09-57.81-35.94-14.89-7.38-14.90
Capex -82.05-215.13-150.15-16.86-23.61-57.83-36.02-15.26-8-1.26
Net Investments 0-5.025.42000000-14.02
Others 6.472.3423.94-8.380.520.010.080.370.620.37
Cash Flow From Financing Activity 27.74144.48154.4999.49159.2714.13107.9425.87-36.30-12.59
Net Proceeds from Shares 0000752515301335
Net Proceeds from Borrowing 0000-120.7048.2945.5328.42-23.2310.80
Interest Paid -12.19-12.8900000000
Dividend Paid -11-4.29-3.74-0.010-0.10-0.10-0.2500
Others 50.93161.66158.2399.49204.97-59.0547.51-32.31-26.06-58.38
Net Cash Flow 1.15-2.56-0.82-2.485.634.54-10.110.732.7022.68
PARTICULARSMar'07Mar'08Mar'09Mar'10Jun'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)17.075.840.54-69.69-1297.3600000
ROCE (%)15.756.62.53-3.05-4.144.720.31-6.710.56-8.99
Asset Turnover Ratio0.520.350.210.310.610.60.180.540.590.93
PAT to CFO Conversion(x)2.4710.87-56.57N/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days63675938142388536627
Inventory Days1075110912290113618347290175
Payable Days971983381495063409129224215

Parrys Sugar Industries Ltd. - (Amalgamated) Stock News

Parrys Sugar Industries Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Parrys Sugar Inds. on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Parrys Sugar Inds. stood at ₹95.12.
The latest P/E ratio of Parrys Sugar Inds. as of 01-Jan-1970 05:30 is 3.04.
The latest P/B ratio of Parrys Sugar Inds. as of 01-Jan-1970 05:30 is -1.38.
The 52-week high of Parrys Sugar Inds. is ₹53.25 and the 52-week low is ₹47.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Parrys Sugar Inds. is ₹282.6 ( Cr.) .

About Parrys Sugar Industries Ltd. - (Amalgamated)

Parrys Sugar Industries was incorporated in the year 1986 with the name Sree Sarda Ferro Alloys by the GMR Group.  The company got converted into a public limited company in year 1995. The name of the company was then changed from GMR Industries to PSIL from November 15, 2010. Company’s plants are located at Sankili (Andhra Pradesh), Haliyal (Karnataka) and Ramdurg (Karnataka). The company is registered and incorporated at Bangalore (Karnataka).

Business of the company:

Parrys Sugar Industries is a distinguished and rapidly expanding sugar producer in India. PSIL a subsidiary of EID Parry (India), one of the fastest growing organizations In India. Its sugar manufacturing facility is certified ISO 9000:2001 and the distillery is certified 'zero-effluent.” 

History and Milestones:

1997- Commissioning of the sugar factory -installed capacity of 2500 TCD 

1997 -Launching of the intensive Cane Development Programme – resulting in increased availability of sugarcane from 70,000 Metric Tonnes to 600,000 Metric Tonnes by 2004 

1999 - Additional co-generation plant added to the existing facility   

2001 - Full-fledged 16 MW co-generation facility installed    

2002 - Enhanced crushing capacity to 3125 TCD     

2005 - Installed distillery plant to produce Ethanol and Rectified Spirit - attained status of full-fledged integrated sugar complex    

2006 - Increased total crushing capacity to 5000 TCD, highest by Sugar industry standards

Milestones:

  • First in Sugar industry of Andhra Pradesh to receive the ISO 9001:2000 certification
  • Sankili plant is the first full-fledged co-generation plant in Andhra Pradesh 
  • First sugar complex in Andhra Pradesh to undertake full-fledged cane trash procurement  and utilization as fuel in boilers 
  • First ever in Sugar Industry of Andhra Pradesh to encourage voluntary participation of employees  in Total Quality Management and introduced Quality Circle concept 
  • Adopted Innovative Energy Conservation measures to bring down energy consumption levels,  100% DCS controls generating power for both in-house consumption and export to the grid 
  • Most modern distillery of 45 KLPD capacity with Molecular Sieve Dehydration System to produce best quality Ethanol and Rectified Spirit 
  • Incorporated Reverse Osmosis Technology for the first time in Andhra Pradesh, achieved 'zero discharge' of effluents 
  • Recognised by the Pollution Control Authorities as being a model Effluent Treatment Factory and rated as a benchmark plant for other distilleries to emulate
  • Certified with ISO 9001-2000, ISO 14001-2004 and OHSAS 18001-1999 - by AQA   Implemented complete Automation for Sugar Factory operations during 2007-08 crushing season
  • GMR Industries is the first Distillery from India to have registered for CDM benefits with UNFCC for capturing Methane gas used for power generation.
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