Tilaknagar Industries Ltd
Tilaknagar Industries Ltd (TI)

Tilaknagar Industries Ltd (TI)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-1.25 %
3 Month Return0.07 %
1 Year Return56.81 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 11
Rank 11
Rank 13
Dividend Yield
Rank 6
Rank 13
Price To Book Ratio
Rank 12
Debt To Asset
Rank 1

Company Information

Tilaknagar Industries which is the erstwhile The Maharashtra Sugar Mills Limited MSM was promoted in 1933 by the illustrious industrialist and visionary Shri Mahadev L Dahanukar popularly known as Babasaheb Dahanukar. The company was then engaged in the manufacture of sugar and allied products.Babasahebs efforts were guided by noted freedom fighter Lokmanya Balgangadhar Tilak and he named the factory complex Tilaknagar as a token of respect for Lokmanya Tilak. In deference to the policy of the Government to have all sugar businesses in the country under the control and management of Cooperative Societies formed by farmers the Company had to stop its sugar business in 1987.Tilaknagar Distilleries Industries Ltd. was promoted as a 100 per cent subsidiary of The Maharashtra Sugar Mills Ltd. The year 1973 saw Tilaknagar Industries diversify into the businesses of Industrial Alcohol Indian Made Foreign Liquor IMFL and Sugar Cubes. Both Maharashtra Sugar Mills Ltd. and Tilaknagar Distilleries Industries Ltd have been merged to form Tilaknagar Industries Ltd. with effect from August 6 1993.Since then the company has been engaged in the business of manufacture and distribution of spirit and Indian Made Foreign Liquor IMFL. There has been no change in the promoter of the company. The Dahanukar family continues to be the promoter of TITilaknagar Industries sharing the same vision and values of the founders.Due to its core competency in alcoholic beverages and conscious effortsthe company swiftly established its distinct identity in the liquor industry.
OrganisationTilaknagar Industries Ltd
IndustryAlcoholic Beverages