E.I.D. Parry India
EIDPARRY · Agriculture > Sugar · Chairman: MM Venkatachalam · MD: S Suresh · Listing date: Oct. 24, 1994 · Employees: 2022 · Chennai · http://www.eidparry.com

E.I.D. Parry (India), founded in 1788, is a company operating in the Sweeteners and Nutraceuticals space. Headquartered in ‘Dare House’ a heritage building, in Chennai, India, the company is a part of Murugappa Group, one of India’s leading business conglomerates. The Company holds the distinction of setting up India’s first sugar plant at Nellikuppam in 1842 and continues to pioneer new paths in each of its businesses.

Amongst the leading sugar manufacturers in India, E.I.D. Parry’s sugar plants and standalone distillery are spread across South India. Its state-of-the-art plants with a combined sugarcane crushing capacity, co-generation capacity and Distillery capacity are located at Nellikuppam, Pugalur, and Sivaganga in Tamil Nadu, Sankili in Andhra Pradesh and Bagalkot, Haliyal and Ramdurg in Karnataka.

E.I.D. Parry is a pioneer and world leader in organic spirulina and micro algal products in the Nutraceuticals space. ‘Parrys Spirulina’, with major international certifications, is sold in many countries across the globe. The highly specialised manufacturing Plants of the Nutraceuticals business for micro algal production are located at Oonaiyur and Saveripuram in Tamil Nadu. The company also retains a significant presence in the refined sugar and farm inputs business through its subsidiaries Parry Sugar Refinery India and Coromandel International.

Business area of the company

E.I.D. Parry (India) is engaged in the business of manufacture and marketing of various types of sugar in the branded form having several integrated manufacturing facilities with distilleries and cogeneration of power located in Karnataka, Andhra Pradesh and Tamilnadu. The company also manufactures and markets various forms of Bio-Pesticides and Nutraceutical products. The company also has interests in various other segments of business like sugar refinery, fertilizer, insecticides etc. through its subsidiaries.

Business verticals 

Sugar: EID Parry’s sugar is distributed across commodity markets, large institutional customers, and retail consumers under branded labels.

Cogeneration: The sugar factories of EID Parry are equipped with a total power generation. These integrated plants include advanced cogeneration systems that meet the plants’ power needs while supplying surplus electricity to the state grid and private energy providers.

Distillery: The company capitalises on its ethanol and Extra Neutral Alcohol (ENA) production capabilities to support the growing green energy sector.

Consumer Products Group: The company extended into the Consumer Products segment by launching rice, millets, and pulses. This move aligns with the company’s strategy to diversify from sugar into non-sugar retail products.

Nutraceuticals: The company is a global leader in micro-algal technology, offering science-backed health supplements and functional foods. With an expertise in cultivating and formulating algae-based products like Spirulina and Astaxanthin, it exports to many countries. The company is known for its world-class research and manufacturing facilities. Its key markets include North America, Europe, South East Asia, and the Far East.

Products

  • Sweeteners
  • Dals
  • Millets
  • Rice
  • Nutraceuticals

Awards and recognitions

2015-16

  • E.I.D. Parry recognised as “Best Performing Company” and Winner in the ‘Sugar’ Sector by Dun & Bradstreet.

2016-17

  • E.I.D. Parry received special recognition for “Commitment to Engagement” from AON Hewitt.
  • Pudukottai plant secured First prize in the National level TPM Circle competition conducted by TPM club of CII.
  • E.I.D. Parry recognised as “Best Performing Company” and Winner in the ‘Sugar’ Sector by Dun & Bradstreet (Second year in succession).
  • E.I.D. Parry secured “Best Overall Excellence in CSR” award given by National CSR.
  • Nellikuppam plant rated as “Excellent Energy efficient unit” by CII for Excellence in Energy management held at Hyderabad.
  • Pudukottai plant secured “Energy efficiency unit” award from CII.

2017-18

  • Nellikuppam plant bagged awards for “Most Innovative Environmental Project” and “Most useful Environmental Project” at the Greenco Summit / CII Environmental Best Practices Meet.
  • Nellikuppam unit was awarded certificate by CII for “Strong Commitment to Food Safety” for 2017.

2018-19

  • Distillery unit at Sivaganga received award from CII for MOST INNOVATIVE ENVIRONMENTAL PROJECT under the head “Waste Management & Recycling”. The award was presented in the 7th edition of “GreenCo Summit 2018,” held on 27th & 28th June 18 at Chennai
  • E.I.D. Parry wins the ‘Economic Times Best Brands 2019’ award!
  • E.I.D. Parry’s Aranthangi unit received an Award for “TPM Excellence-Category A”, from the Japan Institute of Plant Maintenance.

2019-20

  • For its Kaizen on ‘Bio-fuel from impure alcohol’, Nellikuppam Plant won the First Prize.
  • Ramdurg unit received the National Safety Award from the Regional Labour Institute, Government of India, Ministry of Labour & Employment for the performance year 2017.
  • Nellikuppam Plant received 6 awards from the Government of Tamil Nadu on safety.
  • Nellikuppam distillery received the “Platinum Award” from South Indian Sugarcane & Sugar Technologists’ Association (SISSTA) being the Best Distillery in Tamil Nadu region.
  • Sivaganga distillery received the “Golden Award” from SISSTA being the Best Distillery in Tamil Nadu region.
  • Sankili unit received “Silver award” from SISSTA, for being Best Distillery for 2018-19 in AP & Telangana Region.
  • Nellikuppam unit received the Platinum award for the ‘Best Distillery’ for FY 2019-20 from The South Indian Sugarcane & Sugar Technologists’ Association (SISSTA).
  • Sankili unit received the Gold award ‘Best Distillery’ for FY 2019-20 and Silver Award for Best Co-generation plant Silver Award for the period 2019-20 from SISSTA.
2021-22

  • Nellikuppam unit received ‘SISSTA Best Distillery Silver Award’ in Tamil Nadu for FY2021-22.
  • Nellikuppam unit received the Gold Award for ‘Best Distillery’ for FY 2020-21 from The South Indian Sugarcane & Sugar Technologists’ Association (SISSTA) on 50th Golden Jubilee Annual Convention on October 01, 2021.
  • Bagalkot Unit received the National Safety Award for achieving the ‘Highest Accident Free Mandays and Lowest Frequency Rate’.
  • Haliyal unit received the ‘Best Technical Efficiency Award - Karnataka’ for FY 2020-21 on December 20, 2021.
2022-23

  • EID Parry has been honoured with the FICCI Sustainable Agriculture Awards 2023 in the distinguished category of ‘Large Corporates’ at the 3rd FICCI Sustainable Agriculture Summit held at New Delhi.
  • Received the Rising Star Award at the 16th edition of India Food Forum presented by Mr. Damodar Mall, CEO of Reliance Retail.
  • EID Parry has been recognized as the “Best Employer Brand in Tamil Nadu for 2023” at the esteemed 18th Employer Branding Awards, Chennai.
  • EID Parry was honoured with the ‘Most Iconic Organisation Award’ on May 11, 2023 at Coimbatore Leadership Awards.
  • Haliyal unit was awarded second place under the category of ‘Best Cogen Boilers’ for FY2022-23 by Director of Factories & Boilers, Karnataka.
  • Sankili unit won Gold Award for Best Technical Efficiency Sugar Plant, Gold award for ‘Best Distillery plant’, Silver award for Best Cogen plant from South India Sugar Cane and Sugar Technologies Association (SISSTA) and Bronze award on EHS – Excellence Category from CII.
  • Nellikuppam unit received an award in the Silver category from CII for ‘Best commitment in practicing the EHS’.
  • Nellikuppam unit was awarded ‘Energy Efficient Unit’ at the 23rd National Award for Excellence in Energy Management contest held at New Delhi.
2023-24

  • Nellikuppam and Oonaiyur units were awarded for outstanding efforts in Water Conservation & Efficiency and Rainwater Harvesting & Ground Water recharge initiatives respectively at the 4th CII Industrial Water/Waste Management Competition.
  • EID Parry has been recognised as the ‘Best Sugar Plant in Private Sector’ at the Sugar and Ethanol International Awards (SEIA) 2024. 
  • EID Parry recognized for efforts in sustainability, environmental restoration, and safety at the 16th CII Southern Region EHS Excellence Awards 2023. Gold awards for the Pugalur and Oonaiyur units, Silver awards for the Nellikuppam, Ramdurg, Sankili units, and the Parrys Sugar Refinery at Kakinada, and Bagalkot bagged the Bronze award.
  • Parry Nutraceuticals in Oonaiyur and its sugar factory in Pugalur recognized for their exceptional contributions under Project NANNEER, a flagship project of the AMM Foundation.
2024-25

  • The Bagalkot unit was awarded ‘Energy Efficient Unit’ at the 25th National Award for Excellence in Energy Management in 2024, in Hyderabad.
  • The Bagalkot unit received the SISSTA Gold Award for Best Technical Efficiency in a sugar plant in the Karnataka region in 2024.
  • The Bagalkot unit was recognised as the Best Cogeneration Power Plant (Rank-II) in FY 2023-24 by the National Cogeneration Awards, India.
  • The Bagalkot unit received the Bronze Award in the Safety – Excellence Category from CII.
  • Parry Nutraceuticals was conferred the Gold Award for EHS Excellence during the 16th Edition of the CII-SR EHS Excellence Awards 2023, held on May 15, 2024.
  • Parry Nutraceuticals secured Second Place under the Environment Restoration Category for resource conservation and the Project NANNEER initiative at the 16th CII-SR EHS Excellence Awards 2023, held on May 15, 2024.
  • Parry Nutraceuticals received the Award for Rainwater Harvesting and Groundwater Recharge Initiative at the 4th Edition of the CII Water and Waste Management Competition, held on January 6, 2025.
  • The Company received the CSR Project of the Year Award on March 27, 2025, at the 13th Edition of the CSR Summit and Awards held at Hotel Grand Hyatt, Santacruz, Mumbai.
  • The Nellikuppam unit won the CII Award for Water Conservation and Efficiency for its PCTP & Incineration Boiler in January 2025.
  • Nellikuppam received the SKIN Award under ‘Best Service in the Society’ for sustainability and rural development.

History and milestones

  • 1788: On July 17th, Thomas Parry, one of the first British traders to see the future that existed in India’s rural areas, establishes his business in India.
  • 1789: Thomas Parry, while also trading in his own name, joins with Thomas Chase in the partnership firm of Chase and Parry.
  • 1790: The firm becomes Chase Parry and Co., with Henry Sewell becoming the third partner.
  • 1792: The partnership is wound up and Parry concentrates on his own trading.
  • 1795: The firm of Thomas Parry and Co. is founded.
  • 1803: Parry acquires the corner site where the company's headquarters is still situated.
  • 1819: Parry ventures into partnership with John William Dare and christens the firm “Parry & Dare”.
  • 1834: Parry buys land in Wynaad to develop coffee plantations.
  • 1839: The company is known as Parry & Co. for the first time, a name that is to remain unchanged till 1928.
  • 1842: The company's first venue into sugar. Exports of the commodity begin and the Vandipalayam sugar factory, the firm’s first industrial venture is established not far from Cuddalore in what is now south Arcot.
  • 1845: Parry gets its first distillery license. The Nellikuppam sugar factory is opened.
  • 1897: The East India Distilleries and Sugar Factories is formed in London with John Henry Tod as first Chairman. Parry is appointed as the Managing Agents of the new company which takes over Parrys’ industrial assets.
  • 1906: The Presidency Manure Works begins manufacture of superphosphate and sulphuric acid in Ranipet. Parry enters the fertilizer and chemical business.
  • 1908: The ceramics business commences, with acid jars being made in Ranipet.
  • 1914: E.I.D establishes a confectionary factory in Nellikuppam to be managed by Parry.
  • 1918: Parry’s Engineering is established in Calcutta.
  • 1928: Parry becomes Limited Liability Company and is now known as Parry & Company Limited.
  • 1939: Construction of Dare House begins.
  • 1952: Production of Vitreous Sanitary ware commences at Ranipet.
  • 1961: E.I.D plays a leading role in the promotion of Coromandel Fertilizers Limited.
  • 1975: E.I.D. - Parry (India) Limited is formed and registered in Chennai (Erstwhile Madras).
  • 1981: E.I.D-Parry (EIDP) becomes a part of the Murugappa Group.
  • 2003: Demerger of Farm Inputs Division to Coromandel International Limited (CIL) and CIL Issued shares to E.I.D. Parry Shareholders. Divestment of entire investment in Parrys Confectionery Limited to Lotte Confectionery Company-Korea. Delisting of Equity Shares from London Stock Exchange.
  • 2004: Launches first ever branded sugar -- Parry’s Pure Refined Sugar. Disinvestment of Netlon, General Marketing and Travels Division to Parry Enterprises India Limited.
  • 2005: Sub-Division of equity shares from Rs.10/- per share to Rs.2/- per share. Formation of 50:50 joint venture with ROCA of Spain-World Leaders in Bathroom Products. Acquisition of assets of New Horizon Sugar Mills Limited Puducherry.
  • 2006: Setting up of 18MW Cogen Power Plant at Pudukkottai. Execution of Joint Venture Agreement with Cargill Asia Pacific Holdings PTE Limited and formation of Joint Venture Company-Silk road Sugar Private Limited. Amalgamation of Parry Nutraceuticals Limited with the Company pursuant to High Court order.
  • 2007: Commissions 22MW co-generation power plant at Pugalur factory. Acquiring 51% stake in Phytoremedies Bio Labs Private Limited now called as Parry Phytoremedies Private Limited - Pune, who are specialists in extraction of Carotenoid Lycopene. Sells off majority stake in Parryware Roca Private Limited. Commission of 60KLPD distillery plant at Sivaganga.
  • 2008: Makes strategic investment in US Nutraceuticals LLC-USA through acquisition of 48% stake.
  • 2009: Acquires 76% stake in Sadashiva Sugars Limited and enters the state of Karnataka.
  • 2010: Acquires a majority stake in Parrys Sugar Industries Limited (previously known as GMR Industries Limited) via open offer. Subdivides face value of equity shares from Rs.2 per share to Re.1 per share Sells off entire holding in Roca Bathroom Products Private Limited. Increased the throughput sugarcane capacity to 32500 TCD and co-generation to 146 MW.
  • 2011: Consolidation of operations at Parry Sugar Industries Limited and Sadashiva Sugars Limited. Increased Equity Stake to 100% in Sadashiva Sugars Limited. Increased Voting Rights to 100% in US Nutraceuticals Limited.
  • 2012: The Joint Venture Company, Silkroad becoming a Subsidiary (99%) after EID acquires the entire stake of its Joint Venture Partner, Cargill Asia Pacific Holdings P.T.E. Two units of Parrys Sugar Industries Limited namely Haliyal unit and Sankili unit was merged with E.I.D.-Parry (India) Limited in the year 2012.
  • 2014: Sadashiva Sugars Limited was merged with E.I.D. Parry (India) Limited in the year 2014.
  • 2015: Parry Phytoremedies Private Limited was merged with E.I.D. Parry (India) Limited in the year 2015.
  • 2017: Parrys Sugar Industries Limited was merged with E.I.D.-Parry (India) Limited in the year 2017.
  • 2018: Sale of Bio pesticides Business and Divestment of entire shareholding in Parry America Inc., to Coromandel International Limited, Subsidiary Company
  • 2020: The Company forayed into the disinfectants market with the launch of its brand Handkleen and Sterisafe sanitizer.
  • 2020: Seizing the demand opportunity in sanitisers due to the pandemic outbreak, the Company launched ‘HandKleen’ and ‘Sterisafe’ brand of sanitisers for the retail space, leveraging on the Parry brand.
  • 2021: Come out with a new SweetCare Low GI Sugar, contributing to a lower blood sugar levels as compared to white sugar.
  • 2023: Commenced commercial operations at the new 120 KLPD distillery of the Company situated at sugar unit at Sankili, Andhra Pradesh.
  • 2024: The company diversifies into the staples segment.
  • 2024: Commenced commercial operations of new 120 KLPD distillery at the sugar unit of the company located at Haliyal, Karnataka.