- Cigarret Manufacturing company
- Established in 1930 in Hyderabad
- Manufactures cigars and tobacco.
- Mainly into low prices cigars like Charms, Charminar and Moments.
- High ROE of 43% in 2013 Vs 52% in FY 2012 (ROE Decline)
- 80% dividend payout ratio in last 5 years.
- Dividend yield ratio of 4.3%
- Revision of dual excise structure + sharp increse in value added tax (65%) + pressure on 69mm cigar due to emergence of 64 mm segment resulted in net sales decline of 2.3% an dprofit of 11.4%.
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