EID Parry

EID Parry Net Worth, Market Cap, CEO, Head Office

With its headquarters located in Chennai, EID Parry Limited is a publicly traded Indian company that produces and markets sugar and bioproducts. EID Parry is the oldest merchant’s name still in use in Chennai, having been in operation since 1788. Among its many firsts is the production of fertilizers for the first time on the Indian subcontinent in 1906.

EID Parry

EID Parry – Quick Overview

Particular Details
Company Name EID Parry (India) Limited
Type Public Listed Company
Industry Sugar, Ethanol, Nutraceuticals & Bio-products
Founded / Incorporated 1788
Founder Thomas Parry
Headquarters Chennai, Tamil Nadu, India
Parent Group Murugappa Group
Chairman M. M. Murugappan
Managing Director R. S. Ganesh
Core Business Manufacture of sugar, ethanol & bio-products; nutraceuticals and farm inputs
Major Products / Services Sugar, ethanol, power co-generation, nutraceutical ingredients, bio-pesticides, farm solutions
Manufacturing Footprint 6+ sugar plants, distilleries and co-generation facilities across South India
Area Served India & international markets
Market Position One of India’s largest integrated sugar and bio-products companies
Sustainability Focus Strong presence in renewable energy, ethanol blending and agri-based sustainability initiatives
Stock Exchange Listing BSE & NSE
Group Synergies Part of Murugappa Group’s agri & industrial ecosystem
Official Website eidparry.com

Net Worth and Market Cap

The market capitalization or net worth of EID Parry is INR 157.07 billion. 193.35 billion is the enterprise value.

Corporate Leadership

E.I.D.-Parry (India) Limited is based in Chennai, India, and was established in 1788. The company’s chairman is M. M. Murugappan.

Overview of Services

One of the oldest and most reputable agricultural businesses in India is EID Parry (India) Limited, a flagship company of the Murugappa Group. Serving both domestic and international markets, the company is a major player in India’s renewable energy and agricultural value chain, with a strong presence in sugar, ethanol, nutraceuticals, and bio-products.

The company sells rice, grains such millets and dhals, and sugar for use in the food, bakery, confectionery, beverage, and pharmaceutical industries.

Additionally, it offers distillery products such extra neutral alcohol and ethanol, as well as nutraceuticals like organic spirulina and chlorella, carotenoid, astaxanthin, lutein, and zeaxanthin. Furthermore, the company produces and sells about 140 MW of electricity for both private and state electricity systems.

Scale of Operations

In India, North America, Europe, and other countries, E.I.D.-Parry (India) Limited and its subsidiaries produce and market sugar, nutraceuticals, and distillery goods. Nellikuppam in Cuddalore district, Pugalur in Karur district, Kurumbur in Pudukottai district, Pettavaithalai in Trichy district, Pondicherry in Puducherry, Haliyal in Karnataka, and Sankili in Andhra Pradesh are the locations of EID Parry’s seven plants around the nation. All seven facilities can crush 32,500 (TCD) metric tons of cane per day. The GMR Group’s sugar plants in Andhra and Karnataka were purchased by EID Parry.

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