EID Parry – an agriculture titan disguised as a sugar business

Hi Sharad

Thanks for the writeup. Just like to add one point here-
You mentioned that 30% of the sugar output is sold under the Parry brand, while 70% is sold in bulk. I am sharing their sugar sales mix. They sold 25% in trade, rest 75% was in higher realisation retail and institutional sugar sales. The share of trade sugar is decreasing over the years.They make Rs 2.5-3.5 per kg more in non retail sale. This will make them competitive in the commodity business.