Madhusudan Masala Ltd.
•₹ 217.35-2.64%
2026-08-21
PROS
- Latest quarter profit grew 56.1% YoY, showing strong momentum
- Institutional investors have been accumulating - FII+DII up 3.7pp
CONS
- Operating cash flow has been negative in recent years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NESTLEIND | 1469.90 | 74.37 | 283442.92 | 0.82 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| 2. | VBL | 432.75 | 43.23 | 146376.17 | 0.35 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| 3. | BRITANNIA | 5410.00 | 50.04 | 130309.75 | 1.67 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| 4. | JUBLFOOD | 495.90 | 75.40 | 32721.72 | 0.24 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| 5. | HATSUN | 931.75 | 59.58 | 20754.57 | 1.72 | 60.58 | — | 2363.72 | 17.61 | 14.60 | 10.81 |
| 6. | DEVYANI | 142.85 | 0.00 | 17612.54 | 0.00 | 171.04 | 7576.84 | 15805.16 | 1064.74 | 8.98 | 16.09 |
| 7. | ZYDUSWELL | 492.95 | 83.34 | 15683.73 | 0.24 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| 8. | MILKYMIST | 199.55 | 120.95 | 15362.23 | 0.00 | — | — | — | — | 13.79 | — |
| 9. | BIKAJI | 609.25 | 59.09 | 15276.12 | 0.21 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| 10. | LTFOODS | 429.90 | 23.31 | 14928.40 | 0.70 | 183.45 | 8.87 | 3151.83 | 27.92 | 21.42 | 11.26 |
| 11. | MANORAMA | 1924.70 | 49.26 | 12149.17 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 19.70 | 26.29 |
| 12. | MADHUSUDAN | 223.65 | 17.32 | 360.86 | 0.00 | 6.50 | 56.06 | 98.28 | 34.47 | 15.61 | 11.27 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| 70 | 63 | 73 | 73 | 45 | 76 | 97 | 98 | |
| 62 | 59 | 66 | 66 | 39 | 68 | 86 | 90 | |
| Operating Profit | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 |
| Interest | 2 | 1 | 2 | 2 | 2 | 1 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 6 | 3 | 8 | 6 | 5 | 6 | 8 | 9 | |
| Tax % | 25.67% | 23.51% | 26.87% | 25.05% | 25.74% | 25.63% | 26.29% | 25.51% |
| Net Profit | 0 | 0 | 0 | 4 | 3 | 5 | 6 | 7 |
| 3 | 2 | 4 | 3 | 2 | 3 | 4 | 0 | |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 16 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 16 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Sep 2024
- 70
- 62
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 6
- Tax %
- 25.67%
- Net Profit
- 0
- 3
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 63
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 3
- Tax %
- 23.51%
- Net Profit
- 0
- 2
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 73
- 66
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 8
- Tax %
- 26.87%
- Net Profit
- 0
- 4
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 73
- 66
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 6
- Tax %
- 25.05%
- Net Profit
- 4
- 3
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 45
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 5
- Tax %
- 25.74%
- Net Profit
- 3
- 2
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 76
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 25.63%
- Net Profit
- 5
- 3
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 97
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 8
- Tax %
- 26.29%
- Net Profit
- 6
- 4
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 98
- 90
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 9
- Tax %
- 25.51%
- Net Profit
- 7
- 0
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | TTM | |
|---|---|---|
| 231 | 317 | |
| 207 | 283 | |
| Operating Profit | 26 | — |
| OPM % | 11 | — |
| Other Income | 1 | 1 |
| Interest | 6 | 7 |
| Depreciation | 2 | 3 |
| 20 | 28 | |
| Tax % | 25 | 26 |
| Net Profit | 15 | 21 |
| EPS | 10 | — |
| Dividend Payout % | 0 | — |
| Minority Interest | 0 | 0 |
| Share of Associates | 0 | 0 |
| Adjusted EPS | 10 | — |
| Minority Interest | 0 | 0 |
| Share of Associates | 0 | 0 |
| Adjusted EPS | 10 | — |
Mar 2025
- 231
- 207
- Operating Profit
- 26
- OPM %
- 11
- Other Income
- 1
- Interest
- 6
- Depreciation
- 2
- 20
- Tax %
- 25
- Net Profit
- 15
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
TTM
- 317
- 283
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 7
- Depreciation
- 3
- 28
- Tax %
- 26
- Net Profit
- 21
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 68%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- Last Year:
- 16%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| LIABILITIES | - |
| Equity Capital | 14 |
| 79 | |
| 56 | |
| Trade Payables | 5 |
| 24 | |
| Total Liabilities | 179 |
| ASSETS | - |
| 15 | |
| 4 | |
| 98 | |
| 47 | |
| 15 | |
| Total Assets | 179 |
| Total Debt | 75 |
| Net Working Capital | 81 |
| Contingent Liabilities | 10 |
| Book Value per Share | 64.44 |
| Face Value | 10.00 |
| Total Debt | 75 |
| Net Working Capital | 81 |
| Contingent Liabilities | 10 |
| Book Value per Share | 64.44 |
| Face Value | 10.00 |
Mar 2025
- Equity Capital
- 14
- 79
- 56
- Trade Payables
- 5
- 24
- Total Liabilities
- 179
- 15
- 4
- 98
- 47
- 15
- Total Assets
- 179
- Total Debt
- 75
- Net Working Capital
- 81
- Contingent Liabilities
- 10
- Book Value per Share
- 64.44
- Face Value
- 10.00
- Total Debt
- 75
- Net Working Capital
- 81
- Contingent Liabilities
- 10
- Book Value per Share
- 64.44
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| -39 | |
| Cash from Investing | -7 |
| Cash from Financing | 45 |
| -1 | |
| Free Cash Flow | -39 |
| OCF / Net Profit | -2.59 |
| Cumulative 5-Year FCF | 0 |
| OCF / Net Profit | -2.59 |
| Cumulative 5-Year FCF | 0 |
Mar 2025
- -39
- Cash from Investing
- -7
- Cash from Financing
- 45
- -1
- Free Cash Flow
- -39
- OCF / Net Profit
- -2.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.59
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| PER SHARE | - |
| EPS (₹) | 10.38 |
| Book Value (₹) | 64.44 |
| Dividend per Share (₹) | 0.00 |
| Cash EPS (₹) | 12.02 |
| PROFITABILITY | - |
| Operating Margin % | 10.50% |
| Net Margin % | 6.51% |
| ROE % | 16.11% |
| ROCE % | 15.61% |
| 8.39% | |
| EFFICIENCY | - |
| Debtor Days | 75 |
| Inventory Days | 155 |
| Payable Days | 10 |
| 220 | |
| FINANCIAL HEALTH | - |
| Debt to Equity (x) | 0.81x |
| Interest Coverage (x) | 4.19x |
| 2.06x | |
| GROWTH | - |
| Revenue Growth % | 0.00% |
| Operating Profit Growth % | 0.00% |
| Net Profit Growth % | 0.00% |
| 0.00% | |
| VALUATION | - |
| P/E (x) | 14.39x |
| P/B (x) | 2.32x |
| Dividend Yield % | 0.00% |
| 11.35x |
Mar 2025
- EPS (₹)
- 10.38
- Book Value (₹)
- 64.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.02
- Operating Margin %
- 10.50%
- Net Margin %
- 6.51%
- ROE %
- 16.11%
- ROCE %
- 15.61%
- 8.39%
- Debtor Days
- 75
- Inventory Days
- 155
- Payable Days
- 10
- 220
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 4.19x
- 2.06x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 14.39x
- P/B (x)
- 2.32x
- Dividend Yield %
- 0.00%
- 11.35x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Jan 2026
Nov 2025