Eastern Sugar And Industries Unlisted Share Price Today
ISIN INE889B01016.
Eastern Sugar & Industries (Kundan Minerals and Metals) is transitioning from a legacy sugar manufacturing business to a metals & mining-focused company in India. Earlier engaged in sugar and molasses production, the company has redefined its core business towards mining, trading, and refining of minerals and metals following restructuring. The company is now aligned with the metals & mining value chain, with a focus on mineral trading, precious metals refining, and participation in mining ac…
Eastern Sugar And Industries
Eastern Sugar And Industries Unlisted Share Price Today
About Company
Eastern Sugar & Industries (Kundan Minerals and Metals) is transitioning from a legacy sugar manufacturing business to a metals & mining-focused company in India. Earlier engaged in sugar and molasses production, the company has redefined its core business towards mining, trading, and refining of minerals and metals following restructuring.
The company is now aligned with the metals & mining value chain, with a focus on mineral trading, precious metals refining, and participation in mining activities. It operates within the broader Kundan Group ecosystem, leveraging capabilities in bullion, refining, and metals processing, enabling an integrated business approach.
Post CIRP and change in ownership, the company follows an asset-backed, opportunity-driven model, with performance linked to commodity cycles, regulatory developments, and execution of new verticals. Headquartered in Motihari (Bihar) with presence in New Delhi, it is positioned as a turnaround story aiming to build scale in the metals and mining sector.
Operating and net margins stand at -5273%, reflecting massive losses against negligible revenue of ₹0.01 Cr.
Revenue remains at just ₹0.01 Cr, with no meaningful growth visibility, highlighting lack of active business operations post restructuring.
The company reported a loss of ₹52.73 Cr with EPS at ₹ -8.72, indicating complete erosion of shareholder earnings during the year.
