Here is the Top Cigarette Company in India based on market capitalization in 2020
- ITC Ltd
- VST Industries Ltd
- Godfrey Phillips India Ltd
- Golden Tobacco Ltd
- NTC Industries Ltd
Top Cigarette Company in India
#1. ITC Ltd
ITC Ltd is the largest cigarette company in India with a market cap of 237,739 Cr. in 2020
| Industry | Cigarettes,Tobacco Products |
| Founded | 1910 |
| Chairman & MD | Sanjiv Puri |
Established in 1910, ITC is the largest cigarette manufacturer and seller in the country
It is the market leader in the organized domestic cigarette industry, with a market share of over 80% and has a leadership position in every segment of the market.
Also Read : List of Top-10 Companies in India by Market Cap | Detailed View
BRANDS
ITC’s wide range of brands, includes Insignia, India Kings, Classic, Gold Flake, American Club, Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke & Royal.
ITC’s cigarettes are manufactured in state-of-the-art factories at Bengaluru, Munger, Saharanpur, Kolkata and Pune
OVERSEAS MARKET
West Asia is a key export region for ITC and It offer a wide portfolio of high quality cigarettes in this region.
With a Portfolio of brands under the Classic, Wills and Scissors Umbrella, ITC has cemented its international standing being the 3rd largest player in the countries of Bahrain & Qatar.
It was also the first company to introduce a flavor on demand (capsule) product in the economy industry segment in West Asia region.
OTHER BUSINESS SEGMENTS OF ITC
FMCG
- ITC is India’s leading FMCG marketer
- ITC Foods is the 3rd largest in India
Hotels
- ITC Hotels is one of India’s pre-eminent hospitality chains
- ITC is a pioneer in Green Hotelier
Paperboards and Packaging
- ITC Paperboards and Packaging is a market leader in the segment
Information Technology
- Leading global technology services and solutions provider
Agri Business
- ITC is a pioneer in rural transformation through ITC e-Choupal
- One of India’s largest exporter of agricultural commodities
BRAND LEADERSHIP
CURRENT YEAR FINANCIAL DATA
- Market Cap: 237,739 Cr.
- Current Price: 193.35
- 52 weeks High / Low 270.95 / 134.60
- Book Value: 53.09
- Stock P/E: 16.32
- Dividend Yield: 5.25 %
- ROCE: 34.62 %
- ROE: 22.69 %
- Sales Growth (3Yrs): 7.25 %
BONUS SHARE ISSUE HISTORY
Bonus History (ITC)
| DATE | BONUS RATIO |
|---|---|
| 20-05-2016 | 1:2 |
| 18-06-2010 | 1:1 |
| 17-06-2005 | 1:2 |
| 12-07-1994 | 1:1 |
| 30-09-1991 | 3:5 |
| 29-04-1989 | 1:1 |
| 29-04-1980 | 1:5 |
FINANCIAL PERFORMANCE OF ITC LTD IN LAST 10 YEARS
| YEAR | 2010 | 2020 | CAGR RETURN(%) |
|---|---|---|---|
| Sales | 19,127 | 49,214 | 9.91% |
| Profit | 4,168 | 14,462 | 13.25% |
| Share Price | 81.38 | 193.35 | 9.04% |
#2. VST Industries Ltd
VST Industries Ltd is the second-largest cigarette company in India with a market cap of 5,014 Cr. in 2020.
| Industry | Cigarettes |
| Founded | 1930 |
| Chairman | Mr. Sudip Bandyopadhyay |
| MD | Mr. Devraj Lahiri |
VST Industries Ltd, based out of Hyderabad, is an associate of British American Tobacco, which holds a 32.2% stake in the company. It manufactures and markets cigarettes and trades in unmanufactured tobacco.
It is an established player in the cigarette industry with over 8 decades of operations.
It is the third-largest player in the Indian cigarette market, it has a small market share of over 9% in terms of volume.
The company has a significant presence in West Bengal, Andhra Pradesh, Telangana, Bihar, and Uttar Pradesh.
BUSINESS SEGMENTS
- Cigarettes
- Unmanufactured Tobacco.
BRANDS
The company has a portfolio of reputed brands such as Charminar, Charms, Special, Moments, Total, and Editions in the 64 millimeters (mm) and 69 mm segments.
It has also entered the 84 mm segment with its brand, Editions.
MANUFACTURING FACILITY
The Company has a manufacturing facility at Hyderabad and Toopran (Telangana)
CURRENT YEAR FINANCIAL DATA
- Market Cap: 5,014 Cr.
- Current Price: 3,248
- 52 weeks High / Low 4856.45 / 2536.05
- Book Value: 509.70
- Stock P/E: 16.50
- Dividend Yield: 3.17 %
- ROCE: 57.89 %
- ROE: 41.89 %
- Sales Growth (3Yrs): 10.35 %
BONUS SHARE ISSUE HISTORY
Bonus History (VST Industries)
| Date | Bonus Ratio |
|---|---|
| 30-09-1991 | 3:5 |
| 03-09-1989 | 3:5 |
| 03-09-1977 | 3:5 |
FINANCIAL PERFORMANCE OF VST INDUSTRIES LTD IN LAST 10 YEARS
| YEAR | 2010 | 2020 | CAGR RETURN(%) |
|---|---|---|---|
| Sales | 471 | 1,239 | 10.16% |
| Profit | 62 | 304 | 17.23% |
| Share Price | 486.41 | 3248 | 20.91% |
#3. Godfrey Phillips India Ltd
Godfrey Phillips India ltd is the third-largest cigarette company in India with a market cap of 4,766 Cr. in 2020.
| Industry | Cigarettes |
| Founded | 1844 |
| Chairman | R A Shah |
| MD | Bina Modi |
Godfrey Phillips India Limited, the flagship company of Modi Enterprises, is one of the largest FMCG companies in India.
It also manufactures and distributes iconic brand Marlboro under a license agreement with Philip Morris.
12.9% Cigarette domestic market share
BUSINESS SEGMENTS
1. Tobacco
- Domestic
- Marlboro
- International
- Tobacco Leaf, Cigarettes & Processed tobacco
2. Consumer & Retail
- Chewing Products
- TFS (24Seven)
- Confectionary
REVENUE BREAK-UP(%)
BRANDS
Tobacco
- Marlboro
- Four Square
- Red & White
- Cavanders
- Stellar
- North Pole and Tipper
Chewing
- Pan Vilas
- Pan Vilas Silver Dewz
- Raag
Retail
- 24Seven
CURRENT YEAR FINANCIAL DATA
- Market Cap: 4,766 Cr.
- Current Price: 916.60
- 52 weeks High / Low 1481.75 / 673.30
- Book Value: 420.69
- Stock P/E: 12.38
- Dividend Yield: 2.62 %
- ROCE: 16.26 %
- ROE: 11.21 %
- Sales Growth (3Yrs): 2.33 %
BONUS SHARE ISSUE HISTORY
Bonus History (Godfrey Phillips India)
| Date | Bonus Ratio |
|---|---|
| 30-09-1993 | 1:1 |
FINANCIAL PERFORMANCE OF GODFREY PHILLIPS LTD IN LAST 10 YEARS
| YEAR | 2010 | 2020 | CAGR RETURN(%) |
|---|---|---|---|
| Sales | 1,383 | 2,877 | 7.60% |
| Profit | 115 | 385 | 12.84% |
| Share Price | 358.60 | 916 | 9.83% |
#4. Golden Tobacco Ltd
Golden Tobacco Ltd is the 4th largest cigarette company in India with a market cap of 38.21 Cr. in 2020.
| Industry | Cigarettes |
| Founded | 1930 |
| MD | Jaskaran S Khurana |
Established in the year 1930 by the late Shri. Narsee Monjee, Golden Tobacco Ltd is the first wholly-owned indigenous company in the country, taken over by Dalmia Group in the year 1979.
INTRENATIONAL BUSINESS
The company is the largest exporter of machine-made cigars and offers almost all brands of cigars. It exports its own brands and also manufactures other private brands.
It exports to countries like USA, Europe, Russia, Singapore, Cambodia, Japan, the Middle East, etc.
It exports an exceptional variety of Cigarettes & Cigars brands including Chancellor, Panama, Style, Esquire, Flair, June, Just Black, and many other private labels all over the globe.
Itis also exporting Super Slim & Slim Cigarettes under the brand name ‘June’.
DOMESTIC BUSINESS
In the domestic market, the company’s offerings are grouped under the Brand families of Panama, Chancellor, Golden’s, and Steel.
Each Brand family has several strong offerings in its portfolio, such as Panama Virginia Regular and Panama Filter, Chancellor Browns and Chancellor Exclusive, and Golden’s Gold Flake.
PRODUCTS
Cigarettes
- Cigarettes-65 mm
- Cigarettes-68 mm
- Cigarettes-69 mm
- Cigarettes-84 mm
Slim/Super Slim Cigarettes-97mm
Cigars
- Cigars-97mm
- Cigars-128mm
Cigarillos-108
CURRENT YEAR FINANCIAL DATA
- Market Cap: 38.21 Cr.
- Current Price: 21.70
- 52 weeks High / Low 41.80 / 18.00
- Book Value: -121.55
- Stock P/E:
- Dividend Yield: 0.00 %
- ROCE: %
- ROE: %
- Sales Growth (3Yrs): 19.37 %
BONUS SHARE ISSUE HISTORY
Bonus History (Golden Tobacco)
| Date | Bonus Ratio |
|---|---|
| 24-08-1995 | 3:5 |
FINANCIAL PERFORMANCE OF GOLDEN TOBACCO LTD IN LAST 10 YEARS
| YEAR | 2010 | 2020 | CAGR RETURN(%) |
|---|---|---|---|
| Sales | 86.47 | 23.42 | -12.24% |
| Profit | -11.71 | -1.59 | – |
| Share Price | 130.65 | 21.70 | -16.43% |
#5. NTC Industries Ltd
NTC Industries Ltd is the 5th largest cigarette company in India with a market cap of 26.02 Cr. in 2020.
| Industry | Cigarettes |
| Founded | 1931 |
| MD | Upmanyu Pathak |
NTC industries ltd is one of the oldest manufacturers of cigarettes in India. In September 1931 the company was incorporated as National Tobacco Company of India.
It is the market leader of ‘roll-your-own-tobacco”(Prince Henry) in India.
The company pioneered the introduction of 84mm King Size filter cigarettes, mentholated cigarettes in India.
It exports cigarettes to South America, African Countries, and the Middle East Countries.
BRANDS
It is prominent among cigarettes manufacturer in India with a wide range of brands. It has a presence in all segment of market.
Its popular portfolio of brands includes Regent, Cool, No.10, Maypole, Jaipur.
Other Brands include
- Carlton
- Prince Henry
- Ritz
- The Regent Mini King
- Neel
- La Rose
- First Lady
- Regent Gold
- Regent Black
CURRENT YEAR FINANCIAL DATA
- Market Cap: 26.02 Cr.
- Current Price: 24.20
- 52 weeks High / Low 43.90 / 16.00
- Book Value: 36.75
- Stock P/E: 27.98
- Dividend Yield: 0.00 %
- ROCE: 0.19 %
- ROE: -0.57 %
- Sales Growth (3Yrs): 9.62 %
FINANCIAL PERFORMANCE OF NTC INDUSTRIES LTD IN LAST 10 YEARS
| YEAR | 2010 | 2020 | CAGR RETURN(%) |
|---|---|---|---|
| Sales | 2.73 | 14.15 | 17.89% |
| Profit | -0.21 | 2.79 | – |
| Share Price | 85.26 | 24.20 | -11.83% |
All financial data taken from www.screener.in