1. At a Glance
Sinnar Bidi Udyog is a tiny ₹33 Cr micro-cap stuck in a slow burn. Once a niche exporter of bidis, now it’s just trying not to cough up losses every quarter. With negative ROE and declining sales, investors are either betting on nostalgia or just… betting.
2. Introduction with Hook
Once upon a time, in the tobacco trade, there was a humble bidi-maker from Nashik. Today? It’s a zombie stock that refuses to die, despite making barely ₹1 crore in quarterly sales. And yet… it trades at ₹824/share (7.5x BV). Why? Maybe the market just loves an underdog story with a nicotine twist.
- FY25 Revenue: ₹4.73 Cr
- FY25 Net Loss: ₹–0.12 Cr
- Stock Price Growth (1Y): +10%
- ROE (3Y Avg): –3%
3. Business Model (WTF Do They Even Do?)
This company used to manufacture bidis and sell them to exporters. Now?
- No bidi manufacturing.
- Primarily tobacco processing + trading.
- HQ in Nashik.
- Revenue depends heavily on seasonal trading and minuscule processing ops.
They’ve zero borrowing, near-zero revenue growth, and zero dividends. The only thing going
