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Parry Agro Industries Ltd (PAIL)
is part of the Murugappa group's plantation businesses, and its
main products are tea, coffee, vanilla and rubber. PAIL has also
made a foray into organic tea for exports. In very adverse conditions
for both the tea and coffee industries (rising costs compounded
by falling prices), the company has done well to maintain and even
boost its price realisations by quality upgradation, judicious product
mixes and boosting exports. Parry Agro has a modern R&D facility
accredited by NABL for its chemical and microbiological facilities,
unique for a plantation company. The company has pioneered research
on reversal of soil degradation.
Financial Summary
For the year ended 31 March
|
Rounded off to the nearest Rs crore
|
|
Particulars
|
95-96
|
96-97
|
97-98
|
98-99
|
99-00
|
00-01
|
01-02
|
02-03
|
03-04
|
04-05
|
05-06
|
|
Operating Results
|
|
Sales
|
67
|
56
|
76
|
82
|
90
|
84
|
83
|
86
|
|
84
|
83
|
|
Other income (including
profit on sale of investment)
|
4
|
3
|
3
|
2
|
1
|
8
|
6
|
9
|
|
19
|
42
|
|
Profit before tax (PBT)
|
2
|
4
|
17
|
17
|
10
|
2
|
1
|
(3)
|
|
13
|
38
|
|
Profit after tax (PAT)
|
2
|
2
|
8
|
9
|
5
|
1
|
1
|
(3)
|
|
12
|
39
|
|
Dividend (equity)
|
1
|
1
|
2
|
2
|
1
|
-
|
-
|
-
|
|
1
|
9
|
|
Dividend (preference)
|
-
|
-
|
-
|
-
|
-
|
1
|
2
|
-
|
|
1
|
1
|
| |
|
Year End Position
|
|
Fixed assets@
|
20
|
22
|
25
|
29
|
29
|
29
|
29
|
28
|
|
22
|
22
|
|
Investments
|
25
|
23
|
23
|
64
|
74
|
74
|
63
|
130
|
|
127
|
135
|
|
Net current assets
|
10
|
3
|
1
|
(1)
|
12
|
19
|
27
|
33
|
|
16
|
27
|
|
Total Assets
|
55
|
47
|
49
|
92
|
116
|
123
|
120
|
191
|
|
165
|
184
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Paid up share capital
|
4
|
4
|
4
|
4
|
4
|
24
|
24
|
24
|
|
24
|
19
|
|
Reserves@
|
31
|
32
|
38
|
45
|
49
|
48
|
46
|
43
|
|
51
|
79
|
|
Loan funds
|
20
|
12
|
7
|
43
|
64
|
51
|
49
|
123
|
|
89
|
86
|
|
Net deferred tax liability
|
-
|
-
|
-
|
-
|
-
|
-
|
15
|
15
|
|
1
|
-
|
|
Total Funds
|
55
|
47
|
49
|
92
|
116
|
123
|
120
|
191
|
|
165
|
184
|
| @ Excluding revaluation |
Financial
Calendar
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Annual General Meeting
|
in July
|
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Financial reporting for
the quarter ending June 30
|
end July
|
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Financial reporting for
the quarter ending Sept 30
|
end October
|
|
Financial reporting for
the quarter ending Dec 31
|
end January
|
|
Financial reporting for
the quarter ending March 31
|
end April
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Registered Office
(Shares Dept)
26/1847 Bristow Road
Willingdon Island
Kochi - 682 003, Kerala
Tel: (+91-484) 266 8225
Corporate Office
(for correspondence)
Parry House, 5th Floor
43, Moore Street
Chennai - 600 001
Tel: (+91-44) 2530 6789
Fax: (+91-44) 2530 8114
Email: ramakrishnanks@pai.murugappa.com
Registrar and Transfer Agent
Karvy Computershare Private Limited,
Karvy House,
46, Avenue 4, Street No.1,
Banjara Hills,
Hyderabad - 500 034.
Tel: (+91-40) 2332 6591
Fax: (+91-40) 2331 1968
Email: mailmanager@karvy.com
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