Past performance
About Ceeta Industries Ltd Ceeta Industries Ltd, established in 1984 by the Poddar Group, has navigated various industries over the years. Initially, it focused on HDPE woven sacks and synthetic yarn production but shifted due to market competition and financial challenges. By 1994, it ventured into granite product manufacturing, establishing a 100% export-oriented unit. However, intense market competition led to the closure of its HDPE and synthetic yarn units, and it eventually exited the granite business in 2018.
Currently, Ceeta Industries operates in the FMCG sector, manufacturing potato chips and snacks under its brand 'SKITOS' from its Tumakuru unit in Karnataka. The company has adapted to changing market conditions by identifying and capitalizing on profitable opportunities, such as moving into packaged food production in 2022-23. Ceeta's strategic flexibility has allowed it to survive challenging business environments, focusing now on ready-to-eat snacks and related job work.
Performance overview