Annual Report for FY 2024-25
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Sinnar Bidi Udyog Ltd has filed its 51st Annual Report for FY 2024-25. The company, engaged in tobacco trading and processing, reported net sales of Rs. 473.20 lakhs, down from Rs. 480.01 lakhs in the previous year. Total income fell to Rs. 480.50 lakhs from Rs. 510.19 lakhs. The company swung to a loss, posting a Profit Before Tax of Rs. (14.04) lakhs compared to a profit of Rs. 18.21 lakhs last year, and a loss after tax of Rs. (12.42) lakhs versus a profit of Rs. 11.98 lakhs previously. Management attributed the loss to higher tobacco costs and the heavily regulated nature of the tobacco business. No dividend has been recommended, and the company continues to be listed on BSE. The board has proposed the re-appointment of Mr. Ramdas Jadhav as Whole-Time Director & CFO and the regularization of Ms. Aditi Shah as Independent Director.
Shareholders face a second consecutive year of operational losses with no dividend, suggesting continued pressure on profitability; the explicit reference to going concern status may concern investors, though management confirms the company's operations remain viable.