Madhusudan Masala Limited
NSE: MADHUSUDAN · Other · sector
₹241.85NSE close 2026-10-26
Key numbers
Market cap₹390 cr
Price₹241.85
52w high / low₹285 / ₹109
P/E11.9xSector median 14.4x
P/B3.6xSector median 1.7x
Book value₹66.4
Dividend yield–Sector median 0.37%
ROE32.0%Sector median 13.8%
ROCE47.0%Sector median 19.6%
OPM11.2%Sector median 10.4%
Debt / equity–Sector median 0.29x
EV/EBITDA7.4xSector median 8.4x
Interest cover4.9x
Current ratio2.18x
Sales growth 3y–Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Operating profit covered interest 4.9x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 3 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 6% of net profit in the last 12 months.
- No dividend in the last 3 financial years.
- Price ₹241.85 on 2026-10-26: -15.1% from the 52-week high, +122.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹259.50 · low ₹115.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 108 | 100 | 131 | 73 | 118 | 76 | 174 | 98 |
| EBITDA | 11 | 11 | 16 | 8 | 14 | 8 | 19 | 11 |
| OPM % | 10.6% | 11.4% | 12.2% | 10.3% | 11.9% | 10.8% | 10.9% | 11.3% |
| Other income | 0 | 1 | 0 | 0 | 1 | 0 | 1 | 0 |
| Net profit | 6 | 7 | 8 | 4 | 8 | 5 | 11 | 6 |
| EPS (₹) | 3.74 | 4.99 | 5.94 | 2.88 | 5.29 | 3.25 | 7.49 | 4.22 |
| Revenue YoY | +9.5% | -23.4% | +32.0% | +34.5% | ||||
| Profit YoY | +30.1% | -28.0% | +27.7% | +55.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 162 | 231 | 292 | 466 |
| EBITDA | 17 | 27 | 33 | 52 |
| Net profit | 9 | 15 | 18 | 30 |
| EPS (₹) | 8.27 | 10.93 | 12.78 | 20.25 |
| Revenue growth | +42.4% | +26.3% | – | |
| Profit growth | +63.3% | +23.2% | – | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | +16.3% (2y) | +90.2% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | – | 79 | 107 |
| Cash & equivalents | – | 0 | 1 |
| Total assets | – | 179 | 220 |
| Fixed assets | – | 15 | 16 |
| Investments | – | 4 | 6 |
| Inventory | – | 98 | 114 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -29 | -39 | -1 |
| Cash from investing | -3 | -7 | -14 |
| Cash from financing | 31 | 45 | 15 |
| Capex | 0 | 3 | 6 |
| Free cash flow | -29 | -42 | -6 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | – | 19.1% | 17.3% |
| ROCE % | – | 33.4% | 29.7% |
| Inventory days | – | 186 | 172 |
| Working capital days | – | 128 | 127 |
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| MADHUSUDAN | ₹390 cr | 11.9x | 3.6x | 32.0% | 47.0% | 11.2% | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | MADHUSUDAN |
| BSE code | – |
| ISIN | INE0P6701019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-26.