Yes, EID Parry is a holding company based in Chennai, India with interests in diverse fields such as sugar, nutraceuticals, bio-products, and engineering. It was founded in 1788 and has a rich history of over two centuries, making it one of the oldest companies in India. EID Parry has a strong presence in the Indian market and has expanded its operations to several international locations such as China, Indonesia, and the United States.
The company is a part of the Murugappa Group, which is a prominent business conglomerate in India. EID Parry has several subsidiaries that operate in different sectors such as agribusiness, bio-products, and sugar. It has a strong focus on sustainability and has implemented several initiatives to conserve and protect the environment.
The sugar business of EID Parry is one of the largest in India and contributes significantly to its revenue. The company has several sugar mills across the country and is involved in the manufacture of various products such as sugar, molasses, and alcohols.
In addition to its sugar business, EID Parry has also invested in the nutraceuticals industry. The company has a subsidiary called Coromandel Nutrient Products Limited (CNPL) that produces ingredients for the nutraceutical and dietary supplement markets. CNPL is one of the largest manufacturers of choline chloride in the world.
Overall, EID Parry is a well-established holding company with a diversified portfolio. Its strong focus on sustainability and commitment to quality and innovation have enabled it to remain relevant and competitive in the market.
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Who owns Eid Parry?
EID Parry India Limited is a leading sugar manufacturer headquartered in Chennai, India. The company is owned by the Murugappa Group, a well-known business conglomerate in India that operates in various industries such as finance, engineering, agro-business, and chemicals. The Murugappa Group has a rich history spanning over 100 years and has a reputation for excellence in business practices, social responsibility, and sustainability.
EID Parry India Limited has a significant presence in the sugar industry, with operations in not only India but also in Vietnam, Europe, and the United Kingdom. The company has a diversified product portfolio that includes sugar, bio-products, and nutraceuticals. EID Parry’s sugar business operates across the value chain, from sugarcane farming to refining sugar and downstream businesses such as co-generation of power, distillery, and ethanol.
The company has a strong focus on sustainability and has implemented several initiatives to reduce its carbon footprint and conserve natural resources. EID Parry is committed to sustainable agriculture and has developed programs to promote sustainable farming practices among sugarcane farmers.
Eid Parry India Limited is owned by the Murugappa Group, a respected Indian business conglomerate. The company is a leading player in the sugar industry with a diversified product portfolio and a strong focus on sustainability.
Is EID Parry debt free?
To determine whether EID Parry is debt-free, you need to look at its financial statements, including balance sheets, cash flow statements, and income statements. These statements contain information about the company’s assets, liabilities, revenues, and expenses.
The first step would be to check the balance sheet to see if the company has any outstanding debt. If you notice any loans or debt listed under the company’s liabilities, it means that EID Parry has not entirely eliminated its debts.
Moreover, the cash flow statement of the company can also help in determining the company’s financial position. If the company has positive cash flow from its operating activities, it means that it generates enough revenue to pay off its debts.
Additionally, the income statement can also provide insights into the financial position of the company. If the company has a low-interest expense, it is likely that the company has reduced its borrowing and paid off its debts.
Therefore, by reviewing the financial statements and analyzing the company’s financial position, you can determine whether EID Parry is debt-free or not. However, I highly recommend seeking professional advice from financial experts.
When did Murugappa group acquire majority shareholding in Eid parry?
The Murugappa group, one of the leading business conglomerates in India, acquired majority shareholding in EID Parry, a large producer of sugar and ethanol, on October 19th, 2010. The acquisition of 57.42% stake in EID Parry was made through a combination of open market purchases and preferential allotment of equity shares by the company.
The strategic move by Murugappa group in acquiring EID Parry was seen as a step towards consolidating their position in the Indian sugar and agriculture sectors. With the acquisition, the group gained control over some of the best sugar manufacturing facilities in the country, as well as access to a large, diverse land bank for agriculture development.
Interestingly, the acquisition was not an overnight decision, but rather the result of a gradual buildup of the group’s position in EID Parry over a period of several years. Prior to the acquisition, Murugappa group already had a significant presence in EID Parry through its investments in Coromandel International, the fertilizer and agrochemicals arm of the group.
The acquisition of EID Parry was a significant milestone for the Murugappa group, which has a history of successful investments in various sectors, including chemicals, engineering, and financial services. The group’s focus on sustainable and value-driven growth has helped it emerge as a leading player in the Indian industrial landscape.
Today, EID Parry continues to be a vital part of the Murugappa group’s diverse portfolio of businesses, contributing significantly to the group’s overall revenue and profitability. The acquisition not only helped the group expand its footprint in the agriculture and sugar manufacturing sectors but also demonstrated its commitment to long-term sustainable growth.
Does EID Parry produce ethanol?
Yes, EID Parry produces ethanol as a byproduct of its sugar manufacturing business. EID Parry is one of the leading producers of sugar in India with a capacity to crush 38,000 tonnes of sugarcane every day. Apart from sugar, EID Parry also produces a range of byproducts such as molasses, bagasse, and ethanol.
Molasses is a thick, syrupy residue left over after the production of sugar. EID Parry uses molasses as a feedstock to produce ethanol through a process called fermentation. The molasses is diluted with water and yeast is added to it to convert the sugar in the molasses into ethanol. The process of fermentation takes place in large tanks or fermenters, which are operated at controlled temperatures for several days.
The ethanol produced by EID Parry is known as rectified spirit and has multiple industrial applications. It is used as a solvent in the manufacture of paints, varnishes, and perfumes. It is also used in the pharmaceutical industry as a disinfectant and as an ingredient in medicines. Besides this, rectified spirit is also used in the production of biofuels, which are gaining popularity as a cleaner alternative to fossil fuels.
EID Parry’s ethanol production capability is significant and contributes to the company’s overall revenue. The company has a dedicated ethanol plant with a production capacity of 85 kiloliters per day, which is equivalent to 31 million liters per annum. The company also has a license to operate multiple ethanol plants across several locations in India.
Eid Parry is an established producer of ethanol, which is an essential byproduct of its sugar manufacturing business. The company’s ethanol production capability is significant and contributes to its overall revenue. Ethanol produced by EID Parry has multiple industrial applications and is an important component in the production of biofuels, which are gaining traction in the clean energy industry.
Which are the 5 lights of Murugappa Group?
The Murugappa Group is a diversified conglomerate with over 40 businesses across various sectors including engineering, infrastructure, financial services, healthcare, and agriculture. Over the years, the group has established itself as a prominent player in the Indian market and has set high standards of excellence and innovation.
When it comes to the five lights of the Murugappa Group, it refers to the core values that guide the group’s operations and its commitment to fostering a culture of excellence and integrity in everything they do.
The first light of the group is “Integrity.” The Murugappa Group truly believes in conducting its operations with the highest level of ethical standards and transparency. The group operates with full compliance with all applicable laws, regulations, and ethical principles.
The second light is “Innovation.” The Murugappa Group has been at the forefront of introducing innovation in all its businesses. The group is continuously investing in research and development to come up with new technologies, products, and services.
The third light is “Customer Focus.” The group strongly believes that the customer is at the center of all its business activities. The group has developed a customer-centric approach that involves listening to customers’ needs, providing high-quality products and services, and building long-term relationships.
The fourth light is “Excellence.” The group is committed to achieving the highest levels of excellence in all its businesses, and this has been demonstrated through several awards and recognitions received by the group. The Murugappa Group is committed to continuously improving its operations and services to provide the best possible value to its stakeholders.
The fifth light is “Teamwork.” The Murugappa Group values working as a team and strongly believes that together everyone achieves more. The group fosters a collaborative work environment that encourages creativity, innovation, and diversity. The team members are encouraged to participate in decision-making, and their opinions are valued.
The Murugappa Group is much more than just a diversified conglomerate. The five lights of the group are central to its culture and operations, and they are the driving force behind its success. These values have helped the group set high standards of excellence, ethical principles, and customer service, and will continue to guide it towards greater success in the years to come.
When was EID Parry established?
EID Parry is one of the leading companies in the Indian industry scenario, particularly in the fields of sugar production, bioproducts, nutraceuticals, and biopesticides. The company is known for its high-quality products, efficient services, and strong customer relations. EID Parry has a long-standing history in India, dating back many decades.
The company was established in the year 1788 by British businessman Thomas Parry, who set up his first-ever commercial venture in India. Parry started his operations by trading horses, but soon shifted to the business of cotton and indigo. The company gained significant traction in the early 19th century when it expanded its operations to the sugar industry.
In 1839, the company set up its first sugar factory in Nellikuppam, Tamil Nadu.
Over the years, EID Parry continued to thrive and expand its operations, bringing various innovative products to the Indian market. The company ventured into the production of industrial alcohol, bio-pesticides, and even bioproducts such as spirulina.
By the 20th century, EID Parry had become one of the largest sugar producers in India, setting up several sugar factories across the nation. In 1976, the company became a part of the Murugappa Group, one of India’s leading conglomerates. Under the leadership of the Murugappa family, EID Parry continued to grow and achieve several milestones.
Today, EID Parry is a well-respected brand in the Indian market, known for its superior products and services. The company has diversified its operations, venturing into fields such as nutraceuticals and bioproducts. It has also expanded its presence globally, with subsidiaries in countries such as the USA, China, and Singapore.
Eid Parry was established in the year 1788 by Thomas Parry, and over the years, it has evolved into a renowned brand, known for its contribution to the Indian industry scenario.
Is parryware part of Murugappa Group?
Yes, Parryware is indeed a part of the Murugappa Group, a leading business conglomerate in India. The Murugappa Group is a diversified conglomerate with a presence in various sectors such as engineering, financial services, agribusiness, and others. The group was founded in 1900 and has grown into a global company with a presence in over 20 countries.
Parryware, on the other hand, was launched in 1952 as a ceramics manufacturing company, and has since been one of the leaders in the sanitary ware industry in India. The company offers a wide range of products such as toilets, basins, urinals, and bathroom accessories, catering to both residential and commercial sectors.
In 2017, Parryware became a subsidiary of Roca Bathroom Products, a renowned bathroom brand based in Spain. However, Roca Bathroom Products is a part of the Roca Group, which is a joint venture between Roca and the Murugappa Group.
Thus, it can be concluded that while Parryware is not directly owned by the Murugappa Group anymore, it is still a part of the larger industrial conglomerate through its parent company, Roca Bathroom Products.
How many businesses does the Murugappa Group have?
The Murugappa Group is a Chennai-based Indian business conglomerate that has expanded and diversified its operations over the years. Today, the group has a vast portfolio of companies, spanning across various industries, including engineering, agriculture, finance, and chemical, to name a few.
As of 2021, the Murugappa Group reportedly has more than 29 businesses under its umbrella. These businesses are categorized into eight segments, namely engineering, abrasives, cycles, finance, bio-products, agri-products, and Nutraceuticals.
Some of the businesses falling under these categories include:
– Carborundum Universal Limited – an abrasives manufacturer and industrial ceramics company
– Tube Investments of India Limited – a leading manufacturer of bicycles in India
– Cholamandalam Investment and Finance Company Limited – a financial company offering financial products and services such as vehicle finance, home loans, and SME loans
– EID Parry India Limited – a sugar and renewable energy company
– Coromandel International Limited – a fertilizer and pesticides manufacturing company
Apart from these, the Murugappa Group has a range of other companies that operate in the areas of precision products, aerospace, farm-forestry partnership, industrial products, health & wellness, and consumer products.
To sum it up, the Murugappa Group is a massive conglomerate with diverse business interests. It currently has more than 29 businesses and has been expanding its portfolio constantly over the years.
Which is better Parryware vs Cera?
When comparing Parryware and Cera, both brands are well-known for their quality and innovation in the sanitary ware industry. Parryware has been in the industry for more than 60 years and is a part of the Roca Group, which is one of the largest sanitary ware manufacturers in the world. On the other hand, Cera is a relatively new entrant in the market and has been operational for more than three decades.
When it comes to design, both Parryware and Cera offer a wide range of products, from classic to contemporary designs. However, Parryware has the edge over Cera in terms of product range diversity. Parryware offers a diverse selection of products from washbasins, wc’s, bathtubs, showers, and other related products while Cera is more focused on bathroom fittings.
In terms of quality, Parryware is known for its durability and long-lasting products, which require minimal maintenance. Parryware also has an edge over Cera in terms of customer service and after-sales support. Parryware has a vast network of service centers and authorized dealers across the country, which ensures timely support and assistance.
Price-wise, both Parryware and Cera offer competitive pricing for their products. However, Parryware products tend to be a bit more expensive compared to Cera. Parryware’s premium products are of superior quality and come with advanced features that justify the higher price point.
Overall, both Parryware and Cera are reliable brands and have their strengths and weaknesses. Choosing between the two depends on personal preference, requirements, and budget. While Parryware is more focused on offering a diverse range of products with excellent after-sales support, Cera is more dedicated to offering stylish and affordable products.
Hence, it is best to do thorough research and compare products before making a decision.
Is parryware a listed company?
Yes, Parryware is a listed company, and its shares are traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company is a subsidiary of the Murugappa Group, which is a diversified conglomerate with interests in several industries, including engineering, finance, and agriculture, among others.
Parryware is a leading player in the Indian bathroom solutions market, offering a wide range of products, including sanitaryware, taps, faucets, showers, and bathroom accessories. The company has a strong distribution network, with over 7,500 dealers across the country, and a robust customer base.
Being a listed company, Parryware is subject to various rules and regulations set by the Securities and Exchange Board of India (SEBI) and is required to comply with the guidelines and disclosure norms prescribed by the stock exchanges where its shares trade. The company needs to publish its financial results, including balance sheets, profit and loss statements, and cash flow statements, on a regular basis, which enables investors to make informed decisions about buying or selling its shares.
Parryware is a listed company that operates in the bathroom solutions market in India. Its shares are traded on NSE and BSE, and it is subject to the regulatory framework established by SEBI. As a subsidiary of the Murugappa Group, Parryware enjoys a strong distribution network and a high level of customer trust.
Is Hindware an Indian company?
Yes, Hindware is an Indian company. Hindware is associated with the Paris-based Sanitex Group and specializes in sanitary ware, luxury faucets, wellness products, cabinets, and shower enclosures. Their products are designed to bring tranquility and harmonize with any living space.
Founded in 1960 and headquartered in New Delhi, India, Hindware has over 50 years of experience in manufacturing, marketing and distributing its products. The firm has over 600 selling and support outlets located throughout India, catering to a wide range of clients from homes, hotels, offices and corporate.
They also export to over 30 countries worldwide, making them one of the leading sanitary ware companies in India.
What are the products of Eid Parry?
Eid Parry is a leading manufacturer and supplier of sugar and other homegrown products in India. It has been in the industry for over 225 years and is known for its high-quality products. Some of the products that Eid Parry specializes in are sugar, bio-products, nutraceuticals and water treatment chemicals.
Sugar is Eid Parry’s core product and its various derivatives such as brown sugar, white sugar, refined sugar, and specialty sugars like icing sugar, castor sugar among others. Eid Parry’s sugar is processed in state-of-the-art refineries to meet international quality standards, and also offer organic and unrefined sugar types.
It is one of the largest sugar exporters in India.
Bio-products by Eid Parry include organic fertilizers, animal feed, micro-nutrients for crops, plant growth hormones, and microbial cultures to treat effluent water. These products are made from organic sources and do not contain any harmful chemicals, making them safer for the environment.
Eid Parry’s nutraceuticals include Spirulina and Chlorella, which are some of the richest sources of nutrients, including proteins, vitamins, and minerals. These products are high in demand for their medicinal benefits, such as improving digestion, boosting immunity, and reducing stress.
Finally, Eid Parry’s water treatment chemicals include anti-scalants, coagulants, flocculants and more, that are used to treat wastewater in various industries such as textile, food and beverage, pulp, and paper. These chemicals reduce the contamination of water and enhance its quality.
Eid Parry’s products are essential to improving the quality of life of consumers, the environment, and various industries. Their commitment to quality ensures utmost satisfaction of its customers.
What is special about Eid Parry’s Sivaganga plant?
Eid Parry’s Sivaganga plant, which is located in the Tamil Nadu region of India, is renowned for its unique plant technology and sustainable production practices. The Sivaganga plant, which has been in operation since 1950, produces natural and organic products such as sugar, bio-products, and nutraceuticals.
One of the unique features of the Sivaganga plant is its cutting-edge technology, which enables it to produce premium quality products while minimizing the use of resources. The plant utilizes a variety of sustainable production practices, including the use of renewable energy sources such as biomass and bagasse from sugarcane.
Additionally, the plant has implemented zero-liquid discharge processes to reduce water wastage and pollution.
Another distinguishing characteristic of the Sivaganga plant is its commitment to social responsibility. Eid Parry has initiated several programs to support local communities, including the provision of healthcare, education, and infrastructure development. The company also engages in various environmental conservation measures, such as afforestation, soil conservation, and rainwater harvesting.
Furthermore, the Sivaganga plant has received several awards for its sustainable practices and contributions to the local community. These accolades include the Tamil Nadu State Award for Excellence in Energy Conservation, the Golden Peacock Award for Corporate Social Responsibility, and the FICCI Sustainability Award.
Overall, Eid Parry’s Sivaganga plant stands out from its peers due to its innovative technology, sustainable production practices, and commitment to social responsibility. As consumers increasingly demand ethically produced and sustainable products, the Sivaganga plant serves as a model for other companies in the industry to follow.
Which company has a plant in Haliyal?
Firstly, it is important to determine the type of plant and the purpose served by the company in Haliyal. Based on this information, we can categorize the company into different sectors such as manufacturing, technology, healthcare, agriculture, etc.
Secondly, we can explore the companies that have a significant footprint in Haliyal and the surrounding areas in terms of market share, revenue, and employee strength. This can be done through business directories, local listings, and news articles.
We can also examine the Haliyal Chamber of Commerce and Industry or other relevant trade associations that represent businesses in the region. These organizations usually have a database of local companies and provide useful information on their members.
Another way to identify companies in the region is to look at their corporate websites or social media profiles. Many businesses mention their operating locations and plants on their online platforms.
There are several ways to determine the company that has a plant in Haliyal. By using the resources mentioned above, we can collect relevant data and analyze it to arrive at a conclusion.
