- Business
- Sinnar Bidi Udyog Limited processes and trades tobacco in India, with core activities encompassing tobacco trading, processing of tobacco leaves, and related operations including tendu leaves trading; it previously manufactured bidi products, a hand-rolled tobacco item targeted at low-income segments such as laborers and auto drivers, through a labor-intensive process employing predominantly women workers. The company operates a tobacco processing plant in Nipani, Karnataka, and maintains geographic presence across key tobacco-producing regions in India, including Maharashtra where it employs a significant workforce. Incorporated in 1974 and headquartered at Camel House, Nasik Pune Road, Nashik, Maharashtra, the firm lists on the Bombay Stock Exchange under ticker SINNAR.BO, with no reported subsidiaries or parent entities. In recent developments, the company achieved a notable financial turnaround in Q2 2025, posting net profit of Rs 23.32 lakhs versus a prior-year loss, alongside 76.5% revenue growth to Rs 169.64 lakhs from operations; for the half-year, it reported net profit of Rs 30.64 lakhs reversing previous losses. Further, the board approved regularization of Ms Aditi Shah as independent director and reappointment of the whole-time director/CFO through March 2028 at enhanced remuneration, ahead of the 51st annual general meeting on September 29, 2025. Promoter holding stands at 73.4%, with the company nearly debt-free amid ongoing challenges like subdued sales growth and low returns on equity.