What Sinnar Bidi Udyog does

Sinnar Bidi Udyog Limited is a BSE-listed (bom:509887) manufacturer of hand-rolled bidi tobacco products, founded in 1974 and headquartered in Mumbai with operational presence in Nashik, Maharashtra. The company operates within India's traditional bidi cottage industry, where the entire production process is performed by hand with no mechanical operations, and the broader industry employs over 6 million workers — 95% of whom are women — across the value chain. The product is described as 100% natural with low nicotine and tar percentages, sold primarily to rural and semi-urban consumers through traditional wholesale, retail, and pan shop channels.

The company's revenue model is concentrated on a single product line — hand-rolled bidi — with quarterly sales of Rs 0.89 crore reported in the December 2025 quarter, representing a near 40% year-over-year decline, alongside a consolidated net loss of Rs 0.07 crore. The firm employs between 11-50 people and is governed by a board comprising a Whole-time Director & CFO (Ramdas Jadhav), two Independent Directors (Kalpit Mehta, Aditi Mehul Shah), and three Non-Executive Directors. It maintains standard corporate communications through BSE filings, AGM notices, and an investor relations website but has no disclosed consumer-facing marketing, digital channels, or product technology beyond the hand-rolling process.

The company is presently pursuing a voluntary delisting from BSE (board outcome July 2024), retains MUFG Intime India as its Registrar and Transfer Agent, and has incurred a minor BSE fine (Rs 11,800) for delayed board meeting intimation. The broader Indian bidi industry is sized at INR 100-150 billion but faces structural headwinds from anti-tobacco regulation, declining rural consumption, and no operational technology or product diversification visible at Sinnar Bidi Udyog itself.

Name

Sinnar Bidi Udyog

Legal name

Sinnar Bidi Udyog Limited

Website

https://sinnarbidi.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Sinnar Bidi Udyog Limited is a BSE-listed, Nashik-based manufacturer of hand-rolled bidi tobacco products founded in 1974, serving rural and semi-urban consumers in Maharashtra through traditional wholesale and retail channels. The company employs 11-50 people and is currently pursuing voluntary delisting from BSE.

Ownership category

akta.pro rank

Product category

Tobacco Products (Bidi Manufacturing)

NAICS

Tobacco Manufacturing (312230), Tobacco Manufacturing (31223)

SIC

Cigarettes (2111), Tobacco Products (2100)

akta.pro primary industry

Cigarettes Manufacturing & Brands (CRADAJAA)

Keywords

• Hand-rolled bidi
• Tobacco products
• Bidi manufacturing
• Tendu leaf tobacco
• Smoking tobacco

Headquarters

HQ city

Nasik

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations

Revenue model

1. Bidi Products: Sale of hand-rolled bidi products. The company reported sales of Rs 0.89 crore in December 2025 quarter with nearly 40% year-over-year decline. Net loss of Rs 0.07 crore in December 2025 quarter.

Distribution channels1 record

Marketing channels4 records

Core offering

Sinnar Bidi Udyog manufactures and sells hand-rolled bidi tobacco products using traditional, fully manual processes with no mechanical operations involved. The bidi products are described as 100 per cent natural with low nicotine and tar percentages, made from natural tendu leaves, and distributed through traditional wholesale and retail channels in rural and semi-urban India.

Product overview

Sinnar Bidi Udyog Limited is a bidi (hand-rolled tobacco product) manufacturing company based in Nashik, Maharashtra, India. The company operates as a listed entity on the BSE (Bombay Stock Exchange). The bidi products are described as 100 per cent natural with low nicotine and tar percentages, and the entire manufacturing process is performed by human hands. No specific branded product names or individual product SKUs are identified in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

• Hand-Rolled Bidi Tobacco Products Hand-rolled bidi tobacco products made from natural tendu leaves, 100% natural with low nicotine and tar percentages, produced entirely by human hands with no mechanical operations. Sold to individual adult tobacco consumers in rural and semi-urban markets of India through traditional wholesale and retail channels.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• MUFG Intime India Private LimitedcoreOthersMUFG Intime India Private Limited serves as the Registrar and Transfer Agent (RTA) for Sinnar Bidi Udyog, handling share registry services, investor helpdesk support, and dematerialization services. Located at C 101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai.

Scale indicators7 records

Recent moves6 records

Expansion highlights2 records

Others

• Sinnar Pulp & Paper (related group): Not a direct competitor but a related entity within the broader Sinnar industrial group; included as a contextual peer showing the group's diversification beyond bidi.

Direct peers

• Golden Tobacco Limited: Listed Indian manufacturer of cigarettes and other tobacco products. Comparable as a small-to-mid cap listed Indian tobacco manufacturer with similar scale, public-listing cost structure, and exposure to declining domestic smoking-tobacco volumes.
• Kuber Tobacco Products: India-based bidi and tobacco products manufacturer. Directly comparable as an organized bidi producer serving similar rural distribution channels and exposed to the same regulatory and excise environment.
• Mangalore Ganesh Beedi Works: Heritage Indian bidi manufacturer operating a similar hand-rolled production model. Directly comparable as a long-standing Indian bidi manufacturer serving rural and semi-urban consumers through traditional distribution.

Broad incumbents

• DS Group (Dharampal Satyapal): Large Indian conglomerate with significant tobacco and pan masala businesses (Rajnigandha, Tulsi). Comparable as a broad incumbent in adjacent Indian tobacco categories targeting the same price-sensitive rural consumer.
• Godfrey Phillips India: Major Indian cigarette and tobacco products manufacturer with Four Square and Red & White brands. Relevant peer because it competes for the same smoker wallet share in India and faces the same regulatory and tax environment.
• VST Industries: One of India's largest listed cigarette manufacturers, also historically involved in bidi. Directly comparable as a publicly listed Indian tobacco products company operating in overlapping smoking-tobacco categories, though VST is far larger and cigarette-focused.
• ITC Limited (Tobacco Division): India's largest tobacco company, with cigarette dominance and a small bidi presence. Comparable as a broad incumbent in the Indian smoking tobacco market, sharing regulatory and excise exposure despite operating at vastly greater scale.
• Pan Parag India (Kothari Products): Indian manufacturer of smokeless tobacco products including pan masala and gutkha. Comparable as a listed Indian company in adjacent tobacco categories competing for the same rural consumer wallet share that bidi manufacturers target.

Regional players

• Kerala State Bidi Cooperative: Large cooperative bidi manufacturer based in Kerala. Comparable as a bidi producer, though regionally focused on southern India rather than Maharashtra, providing a useful benchmark on cooperative vs. private bidi manufacturing economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sinnar-bidi-udyog-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sinnar Bidi Udyog