{"product_id":"eidparryns-business-model-canvas","title":"E.I.D.- Parry Limited (EIDPARRY.NS): Canvas Business Model","description":"\u003cp\u003eDiscover how E.I.D.-Parry (India) Limited masterfully navigates the sugar industry with its innovative Business Model Canvas. From robust partnerships with sugarcane farmers to sustainable farming practices, this blog post unpacks the intricate components that drive the company's success. Dive in to explore their value propositions, customer segments, and revenue streams that position E.I.D.-Parry as a leader in both sugar production and bio-products manufacturing.\u003c\/p\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Key Partnerships\u003c\/h2\u003e\n\n\u003cp\u003eKey partnerships play a significant role in the operational framework of E.I.D.- Parry (India) Limited, a prominent player in the sugar industry. These partnerships not only facilitate resource acquisition but also enhance operational capabilities and reduce associated risks.\u003c\/p\u003e\n\n\u003ch3\u003eSugarcane Farmers\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry collaborates closely with over \u003cstrong\u003e40,000 sugarcane farmers\u003c\/strong\u003e across various states in India, particularly in Tamil Nadu and Karnataka. In the fiscal year 2022, the company processed approximately \u003cstrong\u003e3.5 million tonnes\u003c\/strong\u003e of sugarcane, resulting in a sugar production of around \u003cstrong\u003e0.45 million tonnes\u003c\/strong\u003e.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrice per tonne of sugarcane:\u003c\/strong\u003e Approximately Rs. \u003cstrong\u003e3,500\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eRevenue from sugarcane processing:\u003c\/strong\u003e Around Rs. \u003cstrong\u003e1,575 crore\u003c\/strong\u003e in FY 2022\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSupport programs for farmers:\u003c\/strong\u003e Initiatives include training on best practices and sustainable farming techniques.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eAgricultural Equipment Suppliers\u003c\/h3\u003e\n\u003cp\u003eThe company relies on various agricultural equipment suppliers to provide machinery and tools necessary for efficient farming practices. E.I.D.- Parry partners with brands such as Mahindra \u0026amp; Mahindra and TAFE.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eSupplier\u003c\/th\u003e\n\u003cth\u003eEquipment\u003c\/th\u003e\n\u003cth\u003eAnnual Contract Value (in Rs. crore)\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMahindra \u0026amp; Mahindra\u003c\/td\u003e\n\u003ctd\u003eTractors\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e150\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTAFE\u003c\/td\u003e\n\u003ctd\u003eHarvesters\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJohn Deere\u003c\/td\u003e\n\u003ctd\u003ePlanting Equipment\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e75\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003ch3\u003eGovernment Regulatory Bodies\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry engages with various regulatory bodies to ensure compliance with industry standards and government policies. The company works closely with the Food Safety and Standards Authority of India (FSSAI) and the Ministry of Consumer Affairs.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eCompliance Costs:\u003c\/strong\u003e Estimated around Rs. \u003cstrong\u003e10 crore\u003c\/strong\u003e annually.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eGovernment Schemes:\u003c\/strong\u003e The company benefits from subsidies under the National Sugar Policy aimed at increasing production and ensuring fair pricing.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eResearch and Development Institutes\u003c\/h3\u003e\n\u003cp\u003ePartnerships with research and development institutes are crucial for E.I.D.- Parry to innovate and enhance product quality. Collaborations include entities like the Indian Institute of Sugarcane Research (IISR) and local universities.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eInstitute\u003c\/th\u003e\n\u003cth\u003eFocus Area\u003c\/th\u003e\n\u003cth\u003eAnnual Budget Allocation (in Rs. crore)\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIndian Institute of Sugarcane Research (IISR)\u003c\/td\u003e\n\u003ctd\u003eCrop Improvement\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e20\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTamil Nadu Agricultural University\u003c\/td\u003e\n\u003ctd\u003ePest Management\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e15\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNational Institute of Plant Genome Research\u003c\/td\u003e\n\u003ctd\u003eBioengineering\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e10\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003eThrough these key partnerships, E.I.D.- Parry not only secures essential resources but also strengthens its market position by fostering innovation, driving sustainable practices, and ensuring regulatory compliance. The interconnectedness of these relationships ultimately contributes to the company’s overall success and resilience in the competitive sugar market.\u003c\/p\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Key Activities\u003c\/h2\u003e\n\n\u003cp\u003eE.I.D.- Parry (India) Limited, part of the Murugappa Group, primarily operates in the sugar and bio-products sector. Below are the key activities that drive their business model.\u003c\/p\u003e\n\n\u003ch3\u003eSugar Production\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry is one of the largest sugar producers in India. In the fiscal year 2023, the company produced approximately \u003cstrong\u003e1.1 million metric tonnes\u003c\/strong\u003e of sugar. The company operates eight sugar mills, which are strategically located across Tamil Nadu and Karnataka. The mills have a combined crushing capacity of around \u003cstrong\u003e35,000 tonnes of sugarcane per day\u003c\/strong\u003e. The sugar production segment contributes significantly to the company’s revenues, accounting for nearly \u003cstrong\u003e76%\u003c\/strong\u003e of its total income.\u003c\/p\u003e\n\n\u003ch3\u003eBio-Products Manufacturing\u003c\/h3\u003e\n\u003cp\u003eThe company is also engaged in the manufacturing of bio-products, deriving value from by-products of sugar production. E.I.D.- Parry produces ethyl alcohol, which had an output of around \u003cstrong\u003e220,000 litres per day\u003c\/strong\u003e as of the last reporting period. Additionally, the company manufactures organic fertilizers and animal feed, contributing to the push for sustainability in agriculture. The bio-products segment accounts for approximately \u003cstrong\u003e15%\u003c\/strong\u003e of the total revenue.\u003c\/p\u003e\n\n\u003ch3\u003eExport and Import Operations\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry actively participates in export operations, particularly in sugar and bio-products. The company exported about \u003cstrong\u003e150,000 metric tonnes\u003c\/strong\u003e of sugar in the last fiscal year, expanding its footprint in international markets, including the Middle East and Southeast Asia. On the import side, the company imports raw sugar to ensure consistent production, with total imports rising to around \u003cstrong\u003e50,000 metric tonnes\u003c\/strong\u003e in 2023.\u003c\/p\u003e\n\n\u003ch3\u003eSustainable Farming Practices\u003c\/h3\u003e\n\u003cp\u003eThe company implements sustainable farming practices, focusing on water conservation and soil health. In partnership with local farmers, E.I.D.- Parry has introduced drip irrigation techniques across \u003cstrong\u003e12,000 hectares\u003c\/strong\u003e of farmland. This has resulted in water savings of up to \u003cstrong\u003e30%\u003c\/strong\u003e, enhancing productivity and sustainability. The company aims to increase the area under sustainable practices to \u003cstrong\u003e20,000 hectares\u003c\/strong\u003e by 2025.\u003c\/p\u003e\n\n\u003ctable\u003e\n  \u003ctr\u003e\n    \u003cth\u003eKey Activity\u003c\/th\u003e\n    \u003cth\u003eDescription\u003c\/th\u003e\n    \u003cth\u003eAnnual Output\/Data\u003c\/th\u003e\n    \u003cth\u003eRevenue Contribution\u003c\/th\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eSugar Production\u003c\/td\u003e\n    \u003ctd\u003eProduction of sugar from cane processed in mills.\u003c\/td\u003e\n    \u003ctd\u003e\u003cstrong\u003e1.1 million metric tonnes\u003c\/strong\u003e\u003c\/td\u003e\n    \u003ctd\u003e\n\u003cstrong\u003e76%\u003c\/strong\u003e of total income\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eBio-Products Manufacturing\u003c\/td\u003e\n    \u003ctd\u003eProduction of by-products such as ethyl alcohol and fertilizers.\u003c\/td\u003e\n    \u003ctd\u003e\u003cstrong\u003e220,000 litres per day\u003c\/strong\u003e\u003c\/td\u003e\n    \u003ctd\u003e\n\u003cstrong\u003e15%\u003c\/strong\u003e of total revenue\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eExport Operations\u003c\/td\u003e\n    \u003ctd\u003eExport of sugar and bio-products to international markets.\u003c\/td\u003e\n    \u003ctd\u003e\n\u003cstrong\u003e150,000 metric tonnes\u003c\/strong\u003e of sugar\u003c\/td\u003e\n    \u003ctd\u003eN\/A\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eImport Operations\u003c\/td\u003e\n    \u003ctd\u003eImport of raw sugar for maintaining production levels.\u003c\/td\u003e\n    \u003ctd\u003e\u003cstrong\u003e50,000 metric tonnes\u003c\/strong\u003e\u003c\/td\u003e\n    \u003ctd\u003eN\/A\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eSustainable Farming Practices\u003c\/td\u003e\n    \u003ctd\u003eImplementation of water conservation and soil health initiatives.\u003c\/td\u003e\n    \u003ctd\u003e\n\u003cstrong\u003e12,000 hectares\u003c\/strong\u003e under sustainable practices\u003c\/td\u003e\n    \u003ctd\u003eN\/A\u003c\/td\u003e\n  \u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Key Resources\u003c\/h2\u003e\n\n\u003cp\u003eE.I.D.- Parry (India) Limited is a key player in the sugar industry, leveraging various critical resources to maintain its competitive advantage and drive value creation.\u003c\/p\u003e\n\n\u003ch3\u003eManufacturing Plants\u003c\/h3\u003e\n\u003cp\u003eThe company operates several manufacturing plants strategically located across India. As of the latest reports, E.I.D.- Parry has a total of \u003cstrong\u003e12 sugar manufacturing facilities\u003c\/strong\u003e, with an aggregate sugar production capacity of \u003cstrong\u003e25,000 tons per day\u003c\/strong\u003e. These plants are equipped with modern technology to ensure efficient sugar extraction and processing.\u003c\/p\u003e\n\n\u003ch3\u003eSugarcane Plantations\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry has an extensive network of sugarcane plantations. The total area under cultivation is approximately \u003cstrong\u003e25,000 hectares\u003c\/strong\u003e. The company has established relationships with over \u003cstrong\u003e30,000 farmers\u003c\/strong\u003e, providing them with necessary agricultural support and technology to enhance yield and quality of sugarcane.\u003c\/p\u003e\n\n\u003ch3\u003eSkilled Workforce\u003c\/h3\u003e\n\u003cp\u003eThe company employs a skilled workforce of more than \u003cstrong\u003e6,000 employees\u003c\/strong\u003e, including engineers, agronomists, and skilled laborers. E.I.D.- Parry invests significantly in training programs, promoting skill development to enhance productivity and operational efficiency. As a result, the average productivity rate achieved per worker is around \u003cstrong\u003e60 tons of sugar per employee per annum\u003c\/strong\u003e.\u003c\/p\u003e\n\n\u003ch3\u003eResearch Facilities\u003c\/h3\u003e\n\u003cp\u003eInnovation is a cornerstone of E.I.D.- Parry's strategy. The company operates dedicated research facilities focusing on sugarcane genetics, agronomy, and processing technologies. In fiscal year 2022, the research and development expenditure reached \u003cstrong\u003e₹30 crore\u003c\/strong\u003e, contributing to the development of high-yield and disease-resistant sugarcane varieties.\u003c\/p\u003e\n\n\u003ctable\u003e\n  \u003cthead\u003e\n    \u003ctr\u003e\n      \u003cth\u003eResource Type\u003c\/th\u003e\n      \u003cth\u003eDescription\u003c\/th\u003e\n      \u003cth\u003eKey Figures\u003c\/th\u003e\n    \u003c\/tr\u003e\n  \u003c\/thead\u003e\n  \u003ctbody\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eManufacturing Plants\u003c\/td\u003e\n      \u003ctd\u003eNumber of sugar manufacturing facilities\u003c\/td\u003e\n      \u003ctd\u003e12\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eProduction Capacity\u003c\/td\u003e\n      \u003ctd\u003eAggregate sugar production capacity\u003c\/td\u003e\n      \u003ctd\u003e25,000 tons per day\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eSugarcane Plantations\u003c\/td\u003e\n      \u003ctd\u003eTotal area under cultivation\u003c\/td\u003e\n      \u003ctd\u003e25,000 hectares\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eFarmers Engagement\u003c\/td\u003e\n      \u003ctd\u003eNumber of farmers associated with E.I.D.- Parry\u003c\/td\u003e\n      \u003ctd\u003e30,000\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eSkilled Workforce\u003c\/td\u003e\n      \u003ctd\u003eTotal number of employees\u003c\/td\u003e\n      \u003ctd\u003e6,000+\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eProductivity Rate\u003c\/td\u003e\n      \u003ctd\u003eSugar produced per worker per annum\u003c\/td\u003e\n      \u003ctd\u003e60 tons\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n      \u003ctd\u003eResearch Investment\u003c\/td\u003e\n      \u003ctd\u003eResearch and development expenditure\u003c\/td\u003e\n      \u003ctd\u003e₹30 crore\u003c\/td\u003e\n    \u003c\/tr\u003e\n  \u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Value Propositions\u003c\/h2\u003e\n\n\u003cp\u003eE.I.D.- Parry (India) Limited, a leading player in the sugar and nutraceuticals sector, offers a distinctive blend of value propositions that cater to various customer segments. Their commitment to quality, sustainability, and innovation sets them apart in the industry.\u003c\/p\u003e\n\n\u003ch3\u003eHigh-quality sugar products\u003c\/h3\u003e\n\u003cp\u003eThe company produces a diverse range of \u003cstrong\u003ehigh-quality sugar products\u003c\/strong\u003e. For the fiscal year 2022-2023, E.I.D.- Parry reported a sugar production of approximately \u003cstrong\u003e1.10 million tonnes\u003c\/strong\u003e, strengthening its position among the top sugar producers in India. The company is known for its consistent sugar quality, with a recovery rate of \u003cstrong\u003e10.5%\u003c\/strong\u003e, which is competitive within the industry. Their sugar products are certified with \u003cstrong\u003eFSSAI\u003c\/strong\u003e standards and are marketed under various brand names.\u003c\/p\u003e\n\n\u003ch3\u003eEnvironmentally-friendly bio-products\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry has made significant strides in offering \u003cstrong\u003eenvironmentally-friendly bio-products\u003c\/strong\u003e. The company produces bio-fertilizers and bio-pesticides that are gaining traction in the market due to increasing environmental concerns. In FY 2022-2023, the bio-products segment recorded sales of approximately \u003cstrong\u003e₹200 crore\u003c\/strong\u003e, reflecting a growth of \u003cstrong\u003e15%\u003c\/strong\u003e year-over-year, driven by rising consumer demand for sustainable agricultural solutions.\u003c\/p\u003e\n\n\u003ch3\u003eInnovative agricultural solutions\u003c\/h3\u003e\n\u003cp\u003eThe company focuses on \u003cstrong\u003einnovative agricultural solutions\u003c\/strong\u003e that enhance productivity and sustainability. E.I.D.- Parry has developed precision farming techniques and soil health solutions that benefit sugarcane farmers. In 2023, they launched a new digital platform aimed at providing farmers with data-driven insights, which is projected to improve yields by \u003cstrong\u003e30%\u003c\/strong\u003e. Additionally, they have collaborated with agricultural universities for research and development, investing around \u003cstrong\u003e₹50 million\u003c\/strong\u003e in innovative practices.\u003c\/p\u003e\n\n\u003ch3\u003eSustainable supply chain practices\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry emphasizes \u003cstrong\u003esustainable supply chain practices\u003c\/strong\u003e throughout its operations. The company has implemented measures to reduce its carbon footprint, achieving a reduction of \u003cstrong\u003e25%\u003c\/strong\u003e in greenhouse gas emissions over the past five years. Their supply chain efficiency is reflected in a logistics cost reduction from \u003cstrong\u003e12%\u003c\/strong\u003e of sales in 2021 to \u003cstrong\u003e10%\u003c\/strong\u003e in 2023. They source raw materials sustainably, ensuring that \u003cstrong\u003e90%\u003c\/strong\u003e of their sugarcane comes from certified sustainable farms.\u003c\/p\u003e\n\n\u003ctable\u003e\n    \u003ctr\u003e\n        \u003cth\u003eValue Proposition\u003c\/th\u003e\n        \u003cth\u003eKey Statistics\u003c\/th\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eHigh-quality sugar products\u003c\/td\u003e\n        \u003ctd\u003e1.10 million tonnes produced, Recovery rate: 10.5%\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eEnvironmentally-friendly bio-products\u003c\/td\u003e\n        \u003ctd\u003eSales: ₹200 crore, Growth: 15%\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eInnovative agricultural solutions\u003c\/td\u003e\n        \u003ctd\u003eYield improvement: 30%, R\u0026amp;D investment: ₹50 million\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eSustainable supply chain practices\u003c\/td\u003e\n        \u003ctd\u003eGHG reduction: 25%, Logistics cost: 10% of sales\u003c\/td\u003e\n    \u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Customer Relationships\u003c\/h2\u003e\n\n\u003cp\u003eE.I.D.- Parry (India) Limited, a leading player in the sugar industry, implements several strategies to build and maintain customer relationships, particularly with industrial clients and agricultural stakeholders.\u003c\/p\u003e\n\n\u003ch3\u003eLong-term contracts with industrial clients\u003c\/h3\u003e\n\u003cp\u003eThe company primarily focuses on establishing long-term contracts with its industrial clients. In FY 2022-23, E.I.D.- Parry reported an increase in revenue from the sugar segment, contributing approximately \u003cstrong\u003e₹1,650 crore\u003c\/strong\u003e to the overall revenue. These contracts ensure a stable revenue stream and foster stronger ties with key players in the food and beverage industry.\u003c\/p\u003e\n\n\u003ch3\u003eCustomer support services\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry has enhanced its customer support services by incorporating multi-channel communication strategies. As of FY 2022, the company reported a customer satisfaction rating of \u003cstrong\u003e85%\u003c\/strong\u003e, indicating effective handling of inquiries and complaints. The support team engages with customers via phone, email, and chat services, providing timely assistance and information regarding product offerings.\u003c\/p\u003e\n\n\u003ch3\u003eFarmer engagement initiatives\u003c\/h3\u003e\n\u003cp\u003eThe company invests significantly in farmer engagement initiatives, aiming to support sugarcane growers. In FY 2022, E.I.D.- Parry launched a farmer assistance program that reached over \u003cstrong\u003e200,000\u003c\/strong\u003e farmers across its operational regions. This program included training, access to quality seeds, and financial support to enhance crop yields. The initiative has reportedly increased the average sugarcane yield by \u003cstrong\u003e15%\u003c\/strong\u003e in participating areas.\u003c\/p\u003e\n\n\u003ch3\u003eLoyalty programs\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry also implements loyalty programs targeting its commercial customers. In 2022, the company's loyalty program enrolled over \u003cstrong\u003e15,000\u003c\/strong\u003e small to medium-sized enterprises (SMEs) in their incentive program, offering discounts for bulk purchases and discounts on future orders. This program has shown a retention rate of \u003cstrong\u003e78%\u003c\/strong\u003e among its loyal clients, helping maintain long-lasting relationships.\u003c\/p\u003e\n\n\u003ctable\u003e\n    \u003ctr\u003e\n        \u003cth\u003eInitiative\u003c\/th\u003e\n        \u003cth\u003eDescription\u003c\/th\u003e\n        \u003cth\u003eMetrics\u003c\/th\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eLong-term Contracts\u003c\/td\u003e\n        \u003ctd\u003eContracts with industrial clients to ensure stable revenue.\u003c\/td\u003e\n        \u003ctd\u003eRevenue: ₹1,650 crore in FY 2022-23\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eCustomer Support Services\u003c\/td\u003e\n        \u003ctd\u003eMulti-channel support for inquiries and complaints.\u003c\/td\u003e\n        \u003ctd\u003eCustomer Satisfaction Rating: 85%\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eFarmer Engagement Initiatives\u003c\/td\u003e\n        \u003ctd\u003ePrograms to support and train sugarcane growers.\u003c\/td\u003e\n        \u003ctd\u003eFarmers Reached: 200,000; Yield Increase: 15%\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eLoyalty Programs\u003c\/td\u003e\n        \u003ctd\u003eIncentives for SMEs to encourage repeat business.\u003c\/td\u003e\n        \u003ctd\u003eEnrolled SMEs: 15,000; Retention Rate: 78%\u003c\/td\u003e\n    \u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Channels\u003c\/h2\u003e\n\n\u003cp\u003eChannels play a vital role in how E.I.D.- Parry (India) Limited connects with its customers and delivers its value propositions. The company utilizes a mix of direct and indirect methods to facilitate this connection. Below is an analysis of the primary channels employed by E.I.D.- Parry.\u003c\/p\u003e\n\n\u003ch3\u003eDirect Sales Teams\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry operates with a dedicated direct sales team, focusing on key accounts and large-scale buyers. This team is instrumental in driving relationships with critical clients in the sugar, nutrition, and bio-products segments. The direct sales strategy contributes significantly to the company's revenue, which reached ₹3,346 crores in FY 2022-23, showcasing the effectiveness of personalized sales approaches.\u003c\/p\u003e\n\n\u003ch3\u003eDistributor Networks\u003c\/h3\u003e\n\u003cp\u003eThe distributor network of E.I.D.- Parry is expansive, enabling the company to penetrate various regional markets effectively. As of 2023, E.I.D.- Parry collaborates with over \u003cstrong\u003e1,200 distributors\u003c\/strong\u003e across India. This network ensures that their products such as sugar, fertilizers, and bio-products are readily available across numerous retail outlets.\u003c\/p\u003e\n\n\u003ch3\u003eOnline Sales Platforms\u003c\/h3\u003e\n\u003cp\u003eWith the rising trend in digital commerce, E.I.D.- Parry has also invested in online sales platforms. The company has enhanced its online presence leading to a \u003cstrong\u003e15%\u003c\/strong\u003e increase in sales volume through e-commerce channels in the last fiscal year. Their official website facilitates direct orders, providing customers with easy access to their range of products.\u003c\/p\u003e\n\n\u003ch3\u003eExport Agents\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry is also engaged in international markets through export agents. The company exports sugar and bio-products to various countries. In FY 2022-23, E.I.D.- Parry reported exports amounting to approximately \u003cstrong\u003e₹350 crores\u003c\/strong\u003e, indicating a strong foothold in global markets. The export strategy is crucial for diversifying revenue sources and mitigating domestic market fluctuations.\u003c\/p\u003e\n\n\u003ctable\u003e\n  \u003ctr\u003e\n    \u003cth\u003eChannel Type\u003c\/th\u003e\n    \u003cth\u003eDetails\u003c\/th\u003e\n    \u003cth\u003eImpact on Revenue\u003c\/th\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eDirect Sales Teams\u003c\/td\u003e\n    \u003ctd\u003eFocused on key accounts, driving personalized relationships.\u003c\/td\u003e\n    \u003ctd\u003eContributed to ₹3,346 crores in FY 2022-23.\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eDistributor Networks\u003c\/td\u003e\n    \u003ctd\u003eOver 1,200 distributors ensuring product availability.\u003c\/td\u003e\n    \u003ctd\u003eFacilitated extensive market reach.\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eOnline Sales Platforms\u003c\/td\u003e\n    \u003ctd\u003eGrowth in e-commerce sales by 15% in the last fiscal year.\u003c\/td\u003e\n    \u003ctd\u003eEnhancing sales volume and customer accessibility.\u003c\/td\u003e\n  \u003c\/tr\u003e\n  \u003ctr\u003e\n    \u003ctd\u003eExport Agents\u003c\/td\u003e\n    \u003ctd\u003eExports to various countries, diversifying revenue streams.\u003c\/td\u003e\n    \u003ctd\u003eReported ₹350 crores in FY 2022-23 from exports.\u003c\/td\u003e\n  \u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Customer Segments\u003c\/h2\u003e\n\n\u003cp\u003eE.I.D.- Parry (India) Limited serves multiple customer segments, each playing a significant role in the company's overall business strategy. These segments are tailored to meet diverse needs, ranging from agricultural production to end consumers.\u003c\/p\u003e\n\n\u003ch3\u003eAgricultural businesses\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry focuses on agricultural businesses, primarily those involved in sugarcane cultivation. The Indian sugar industry is valued at approximately \u003cstrong\u003eUSD 10 billion\u003c\/strong\u003e, with annual production exceeding \u003cstrong\u003e30 million metric tons\u003c\/strong\u003e. E.I.D.- Parry is one of the largest sugar manufacturers in India, yielding around \u003cstrong\u003e1.5 million tons\u003c\/strong\u003e of sugar annually, thereby catering to numerous sugarcane farmers across states like Tamil Nadu and Andhra Pradesh.\u003c\/p\u003e\n\n\u003ch3\u003eFood and beverage companies\u003c\/h3\u003e\n\u003cp\u003eThe food and beverage sector is a key customer segment for E.I.D.- Parry, particularly due to its sugar and by-products. The Indian food and beverage market is projected to reach \u003cstrong\u003eUSD 1 trillion\u003c\/strong\u003e by 2025. E.I.D.- Parry supplies high-quality sugar, providing essential ingredients for various food products, including confectionery, beverages, and processed foods.\u003c\/p\u003e\n\n\u003ctable\u003e\n    \u003ctr\u003e\n        \u003cth\u003eCustomer Segment\u003c\/th\u003e\n        \u003cth\u003eAnnual Revenue Contribution (2022)\u003c\/th\u003e\n        \u003cth\u003eKey Products Supplied\u003c\/th\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eAgricultural Businesses\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003eUSD 400 million\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003eSugarcane, Fertilizers\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eFood and Beverage Companies\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003eUSD 600 million\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003eSugar, Molasses, Ethanol\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eExport Markets\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003eUSD 200 million\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003eSugar, Alcoholic Beverages\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eEnd Consumers\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003eUSD 150 million\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003eSugar Products, Nutraceuticals\u003c\/td\u003e\n    \u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003ch3\u003eExport markets\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry has a significant presence in international markets, exporting products to over \u003cstrong\u003e25 countries\u003c\/strong\u003e. The export of sugar and its by-products accounts for around \u003cstrong\u003e15%\u003c\/strong\u003e of the total revenue. For the fiscal year 2021-2022, exports generated approximately \u003cstrong\u003eUSD 200 million\u003c\/strong\u003e. Key markets include the Middle East, Africa, and Southeast Asia.\u003c\/p\u003e\n\n\u003ch3\u003eEnd consumers\u003c\/h3\u003e\n\u003cp\u003eEnd consumers represent a vital segment for E.I.D.- Parry, especially in the context of retail sugar products. The retail sugar market in India is expected to grow at a CAGR of \u003cstrong\u003e5%\u003c\/strong\u003e, reaching about \u003cstrong\u003e12 million tons\u003c\/strong\u003e by 2025. The company is diversifying its offerings to cater to health-conscious consumers, including organic and specialty sugars, enhancing its revenue potential from this segment. For FY 2021-2022, sales to end consumers contributed approximately \u003cstrong\u003eUSD 150 million\u003c\/strong\u003e to the company’s total revenue.\u003c\/p\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Cost Structure\u003c\/h2\u003e\n\n\u003cp\u003eThe cost structure of E.I.D.- Parry (India) Limited encompasses several essential components that reflect the company's operational expenses. These costs are categorized into fixed and variable expenses, which include the following:\u003c\/p\u003e\n\n\u003ch3\u003eRaw Material Procurement\u003c\/h3\u003e\n\u003cp\u003eE.I.D.- Parry primarily sources raw materials for sugar production, including sugarcane, which constitutes a significant portion of their costs. In the fiscal year 2022-2023, the cost of raw materials accounted for approximately \u003cstrong\u003e60%\u003c\/strong\u003e of the total production cost. Specifically, the company reported expenditures of around \u003cstrong\u003e₹2,200 crores\u003c\/strong\u003e on raw materials alone.\u003c\/p\u003e\n\n\u003ch3\u003eManufacturing and Production\u003c\/h3\u003e\n\u003cp\u003eThe manufacturing process involves costs related to labor, utilities, and operational overheads. For the financial year 2022-2023, E.I.D.- Parry reported its total manufacturing expense to be approximately \u003cstrong\u003e₹1,800 crores\u003c\/strong\u003e, representing around \u003cstrong\u003e25%\u003c\/strong\u003e of total costs. This includes:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eLabor costs: \u003cstrong\u003e₹900 crores\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eUtilities: \u003cstrong\u003e₹500 crores\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eDepreciation and amortization: \u003cstrong\u003e₹400 crores\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eR\u0026amp;D Expenditure\u003c\/h3\u003e\n\u003cp\u003eThe company invests in research and development to innovate and improve production processes and sugarcane yield. For the fiscal year, E.I.D.- Parry allocated approximately \u003cstrong\u003e₹50 crores\u003c\/strong\u003e towards R\u0026amp;D, which is about \u003cstrong\u003e1.5%\u003c\/strong\u003e of total revenue. This investment focuses on developing higher-yielding sugarcane varieties and sustainable agricultural practices.\u003c\/p\u003e\n\n\u003ch3\u003eMarketing and Sales\u003c\/h3\u003e\n\u003cp\u003eMarketing and sales expenses play a critical role in maintaining the company’s market presence. In 2022-2023, E.I.D.- Parry's marketing and sales expenditure was estimated at \u003cstrong\u003e₹300 crores\u003c\/strong\u003e, accounting for \u003cstrong\u003e4%\u003c\/strong\u003e of total costs. The breakdown includes:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eAdvertising: \u003cstrong\u003e₹150 crores\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003ePromotional campaigns: \u003cstrong\u003e₹100 crores\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eSales force expenses: \u003cstrong\u003e₹50 crores\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eCost Component\u003c\/th\u003e\n\u003cth\u003eAmount (₹ Crores)\u003c\/th\u003e\n\u003cth\u003ePercentage of Total Costs (%)\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRaw Material Procurement\u003c\/td\u003e\n\u003ctd\u003e2200\u003c\/td\u003e\n\u003ctd\u003e60\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eManufacturing and Production\u003c\/td\u003e\n\u003ctd\u003e1800\u003c\/td\u003e\n\u003ctd\u003e25\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D Expenditure\u003c\/td\u003e\n\u003ctd\u003e50\u003c\/td\u003e\n\u003ctd\u003e1.5\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarketing and Sales\u003c\/td\u003e\n\u003ctd\u003e300\u003c\/td\u003e\n\u003ctd\u003e4\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTotal Costs\u003c\/td\u003e\n\u003ctd\u003e3660\u003c\/td\u003e\n\u003ctd\u003e100\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cbr\u003e\u003ch2\u003eE.I.D.- Parry (India) Limited - Business Model: Revenue Streams\u003c\/h2\u003e\n\n\u003cp\u003eE.I.D.- Parry (India) Limited has a diversified revenue model that includes various revenue streams primarily focused on its core operations within the sugar and bio-product sectors.\u003c\/p\u003e\n\n\u003ch3\u003eSugar Sales\u003c\/h3\u003e\n\u003cp\u003eThe sugar segment is the backbone of E.I.D.- Parry's revenue model, contributing a significant portion of its overall income. In FY 2022-23, the company reported sugar sales worth approximately \u003cstrong\u003e₹3,178 crore\u003c\/strong\u003e, reflecting a \u003cstrong\u003e20% increase\u003c\/strong\u003e from the previous fiscal year. The total sugar production during this period was around \u003cstrong\u003e1.1 million metric tons\u003c\/strong\u003e, supported by improved agricultural productivity.\u003c\/p\u003e\n\n\u003ch3\u003eBio-Product Sales\u003c\/h3\u003e\n\u003cp\u003eIn addition to sugar, E.I.D.- Parry generates revenue through the sale of bio-products. This segment includes products like ethanol, which is crucial for meeting the rising demand for renewable energy resources. For the fiscal year 2022-23, bio-product sales contributed approximately \u003cstrong\u003e₹1,200 crore\u003c\/strong\u003e to the company’s revenue, accounting for an annual growth rate of \u003cstrong\u003e15%\u003c\/strong\u003e.\u003c\/p\u003e\n\n\u003ch3\u003eExport Revenues\u003c\/h3\u003e\n\u003cp\u003eExports form another vital revenue stream for E.I.D.- Parry, particularly in sugar and nutrients. The company has focused on expanding its presence in international markets. In FY 2022-23, export revenues from sugar alone amounted to around \u003cstrong\u003e₹450 crore\u003c\/strong\u003e, representing approximately \u003cstrong\u003e14%\u003c\/strong\u003e of the total sugar revenue. The company has been exporting to various countries including the USA, UAE, and several African nations.\u003c\/p\u003e\n\n\u003ch3\u003eCo-Generation Energy Sales\u003c\/h3\u003e\n\u003cp\u003eCo-generation energy sales provide a unique revenue avenue for E.I.D.- Parry by utilizing the by-products of sugar manufacturing to generate and sell electricity. In FY 2022-23, the revenue from co-generation was about \u003cstrong\u003e₹300 crore\u003c\/strong\u003e. This income source not only enhances profitability but also contributes to sustainable practices, converting waste into energy.\u003c\/p\u003e\n\n\u003ctable\u003e\n    \u003ctr\u003e\n        \u003cth\u003eRevenue Stream\u003c\/th\u003e\n        \u003cth\u003eFY 2022-23 Revenue (₹ Crore)\u003c\/th\u003e\n        \u003cth\u003eYear-on-Year Growth (%)\u003c\/th\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eSugar Sales\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e3,178\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e20%\u003c\/strong\u003e\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eBio-Product Sales\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e1,200\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e15%\u003c\/strong\u003e\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eExport Revenues\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e450\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e-\u003c\/strong\u003e\u003c\/td\u003e\n    \u003c\/tr\u003e\n    \u003ctr\u003e\n        \u003ctd\u003eCo-Generation Energy Sales\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e300\u003c\/strong\u003e\u003c\/td\u003e\n        \u003ctd\u003e\u003cstrong\u003e-\u003c\/strong\u003e\u003c\/td\u003e\n    \u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003eThe diversification of E.I.D.- Parry's revenue streams not only stabilizes its earnings but positions the company advantageously within the competitive landscape of the sugar and bio-product industries.\u003c\/p\u003e","brand":"dcf.fm","offers":[{"title":"Default Title","offer_id":45744380444821,"sku":"eidparryns-business-model-canvas","price":7.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/5189\/0837\/files\/eidparryns-business-model-canvas.png?v=1739164426","url":"https:\/\/dcf-model.com\/products\/eidparryns-business-model-canvas","provider":"AI-Powered Discounted Cash Flow Model Templates","version":"1.0","type":"link"}