Parry Agro Industries Limited Unlisted Shares (PAIL)|Latest Share Price & Updates
Company Overview
Parry agro is one of the leading producers of CTC, Orthodox, Organic and Green teas in India. Parry Agro is a part of Murugappa Group which is among the most respected business conglomerates in India. PAIL was incorporated in 2011 and has its registered office located in Tamil Nadu.
Parry Agro Industries Limited (PAIL) is engaged in cultivating and producing tea primarily in India. The company owns approximately eight tea estates in Assam and Tamil Nadu. The products of PAIL include Dhekiajuli Assam CTC tea, Martycherra black tea, Sirajuli Assam CTC tea & Parry Supreme tea and its other products include Mayura CTC tea, Attikunna black tea, and Kadamane black tea. PAIL primarily serves as exporters, wholesalers, packers and retailers.Â
OVERVIEW
Parry Agro Industries Ltd is huge manufacturer of tea, there products are as follows:Â
- Bulk Tea
- Retail Tea Pack
- Pepper
- Ice Tea
- Gift Pack
Description: The company is a manufacturer of agriculture products and food products such as food grains, edible oil, agro products.
Products & Services: Food grains, edible oil, agro products.
Category: Manufacturer & Distributor
The current status of Parry Agro Industries Limited is – Active.
Research and Development Expenditure
During 2020-21, the company spent Rs. 80.09 lacs on Research & Development as compared to Rs 88. 49 lacs in 2019-20.
| Symbol | Parry Agro Industries Ltd. |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE361N01011 |
| Demat Status: | NSDL & CDSL |
| Lot Size: |
Board of Directors :
| NAME | DESIGNATION |
|---|---|
| Sridharan Rangarajan | Additional Director |
| Sridhar Addepalli | Director |
| Ramesh K B Menon | Director |
| Thangavelu Jayaraman | Director |
| Periasamy Ramesh Rajah | Director |
| Murugappan Muthiah Venkatachalam | Director |
The company has 6 directors and no reported key management personnel.
The longest serving director currently on board is Murugappan Muthiah Venkatachalam who was appointed on 23 March, 2011. Murugappan Muthiah Venkatachalam has been on the board for more than 11 years. The most recently appointed director is Sridharan Rangarajan, who was appointed on 22 January, 2021.
Key Business Highlights
- South India’s most well-known manufacturer of CTC, Organic, Green teas. They are one of the pioneers of Organic tea cultivation in India.
- Recession-proof business model with strong pricing power.
- The company has a stable business model with growing sales and profits during the recent years.Â
- Experienced management with wide experience of the industry poised to take the company to the next level.
- Part of financially strong Murugappa Group.
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | -7% | 8% |
| Net Profit Margin | -7% | 6% |
| Return on Equity | -17% | 14% |
| Debt-Equity | 0.01 | 0.01 |
| Current Ratio | 1.23 | 1.44 |
| Dividend Payout | 0% | 30% |
Note:-Â Dividend payout = Total Dividend/Net Income.
It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|---|
| Total Income (₹ Crores) | 208.93 | 235.71 | 177.07 | 186.12 |
| PAT (₹ Crores) | -14.09 | 13.91 | -2.04 | 5.04 |
| Basic & Diluted EPS | -37.51 | 37.04 | -5.42 | 13.43 |
| Book Value per Share (₹) | 220.79 | 267.51 | 221.10 | 242.72 |
| Equity (₹ Crores) | 82.95 | 100.50 | 83.06 | 91.19 |
Shareholding Pattern
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Parry Agro Industries Ltd | 654 | -7% | -16% | -17% | 0.01 | -46.39 | 7.88 | 220.79 |
| Uttam Sugar Mills Ltd | 1066 | 7% | 37% | 29% | 1.38 | 6.14 | 1.79 | 121.34 |
| Dhampur Bio Organics Ltd | 1333 | 7% | 15% | 12% | 0.94 | 12.89 | 1.52 | 132.17 |
Media Updates
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Frequently Asked QuestionsÂ
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.Â
The procedure to buy the Parry Agro Industries unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.Â
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.Â
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved. Â
The Parry Agro Industries shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Parry Agro Industries Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in Â
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.Â
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.Â
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.Â
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act,1992 which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.Â
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The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.Â
Yes, NRI’s can also buy and sell Parry Agro Industries unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.Â
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