Top Tobacco Stocks in India by Market Capitalization

Explore India’s leading tobacco stocks, contributing significantly to the economy despite regulatory challenges, and offering investment opportunities in a growing industry.

Tobacco Industry in India – A Brief Overview

India is the world’s second-largest tobacco producer, employing over 4.57 crore people. With a projected CAGR of 11.94% by 2028, the sector remains a key economic contributor.

Godfrey Phillips India

Market Cap: ₹26,230.41 Crore Godfrey Phillips, a leading player in India’s tobacco sector, manufactures popular cigarette brands like Four Square and Red & White. It is headquartered in Delhi and also diversifies into pan masala and confectionery. Data as of 24th December 2024. Source – NSE.

VST Industries

Market Cap: ₹5,690.35 Crore Hyderabad-based VST Industries is known for its flagship cigarette brands, Charminar and Total. The company focuses on high-quality tobacco processing and exports as well. Data as of 24th December 2024. Source – NSE.

The Indian Wood Products Co. Ltd.

Market Cap: ₹357.61 Crore Operating out of Kolkata, The Indian Wood Products Company specializes in producing tobacco-based ingredients and catechu, catering to diverse industrial needs. Data as of 24th December 2024. Source – NSE.

NTC Industries Limited

Market Cap: ₹351.02 Crore NTC Industries, based in Kolkata, produces cigarettes and bidis under various local brands. Its diversified portfolio caters to a broad consumer base across India. Data as of 24th December 2024. Source – NSE.

Golden Tobacco Company

Market Cap: ₹70.14 Crore Golden Tobacco, headquartered in Mumbai, is an established name in the cigarette manufacturing industry. The company also produces niche tobacco products for diverse markets. Data as of 24th December 2024. Source – NSE.

Raghunath International Investments

Market Cap: ₹9.15 Crore Raghunath International Investments operates as a niche player in the tobacco sector, providing specialized products to select markets. Data as of 24th December 2024. Source – NSE.

Conclusion – Tobacco Sector Outlook

India’s tobacco sector remains a significant economic contributor despite regulatory challenges. Companies like Godfrey Phillips and VST Industries play a critical role in its growth and market presence.