E I D Parry India (EIDPARRY) investor relations material

Executive summary

• Global sugar markets are shifting from deficit to surplus, with weather concerns and El Niño supporting prices.

• Domestic sugar production in India increased to 28 million tons, with stable consumption and lower closing stocks.

• Q1 FY27 saw mixed performance due to lower alcohol realizations, adverse weather, and softness in some categories, but operational excellence and brand initiatives continued.

• Consolidated revenue from operations for Q1 FY27 was Rs. 9,017 crore, up from Rs. 8,720 crore year-over-year, while consolidated EBITDA declined to Rs. 781 crore from Rs. 895 crore.

• Standalone revenue from operations was Rs. 733 crore, compared to Rs. 756 crore year-over-year, with a standalone EBITDA loss of Rs. 23 crore.

Financial highlights

• Revenue for the quarter was INR 410 crores, up from INR 347 crores year-over-year, driven by higher sales volume.

• Sugar sales volume rose to 89,000 metric tons from 15,000 metric tons year-over-year.

• Average sugar selling price was INR 40.02/kg, slightly down from INR 40.97/kg year-over-year.

• Consumer Products revenue dropped from ₹187 Cr to ₹94 Cr; Nutraceuticals revenue rose from ₹27 Cr to ₹61 Cr.

• Distillery segment revenue declined 14% to Rs. 255 crore, with profit dropping to Rs. 9 crore from Rs. 20 crore year-over-year.

Outlook and guidance

• CPG division targets quarterly breakeven in four to five quarters, focusing on margin-accretive products.

• Nutra segment expects highest-ever revenue this year, with EBITDA margin guidance of 12-15% at scale.

• Focus remains on cost and efficiency improvements in Sugar & Biofuels, recalibrating CPG for brand equity and premiumization, and accelerating digital and AI capabilities.

• Continued expansion in the distillery segment to maximize ethanol volumes and capitalize on the EBP opportunity.

• New Jaggery facility in Karnataka to be commissioned by end of Q3 FY27.