Madhusudan Industries Ltd.

•

₹ —-%

madhusudan-india.comBSE: -NSE: MADSUDIND

Market Cap₹ 18 Cr.

Current Price—

High / Low—

Stock P/E24.5

Book Value—

Price to Book—

Dividend Yield0.00 %

ROCE6.4 %

ROE6.0 %

Face Value₹ 5

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ABOUT

KEY POINTS

Revenue Breakup Mar 2013 • Horticulture: 100.0%

PROS

Company is almost debt free
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.06x)
Company comfortably covers its interest (12.4x coverage)
Company generates healthy free cash flow

CONS

A large part of profit comes from other income (92.4% of PBT)
Company has a low return on capital employed of 6.8%
Company has a low return on equity of 5.9% over last 3 years
Effective tax rate is unusually low at 1.4% - earnings may be flattered
Working capital days have increased from 2594 to 3396 days

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Oil Gas & Consumable FuelsTradingTrading

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

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.	ADANIENT	2979.00	54.17	403273.96	0.04	-1461.54	-249.67	32923.98	49.92	13.30	15.57
2.	AEGISLOG	1363.65	38.25	47864.12	0.64	544.84	210.70	2356.86	37.07	19.76	30.28
3.	PREMIERENE	1008.00	27.48	45758.31	0.10	471.92	53.32	2462.59	35.25	41.97	29.03
4.	CPPLUS	3307.45	81.98	39127.28	0.05	142.20	332.51	1402.42	89.51	29.48	14.52
5.	REDINGTON	334.90	15.39	26181.63	1.79	453.49	94.65	34922.47	34.57	18.96	2.03
6.	HONASA	476.90	62.48	15548.09	0.63	90.45	118.87	755.95	27.00	8.99	14.58
7.	LLOYDSENT	78.59	106.84	11997.17	0.19	109.98	-55.77	563.03	70.15	12.84	18.07
8.	SGMART	805.80	81.69	10155.92	0.00	455.80	1310.71	13085.70	1044.08	11.45	4.49
9.	MMTC	62.10	20.82	9315.00	0.00	104.24	135.52	0.68	-50.00	6.90	-1423.53
10.	CELLO	358.45	25.31	7917.62	0.42	73.40	-8.99	526.72	-0.43	17.15	18.80
11.	EBGNG	588.80	47.13	6713.00	0.00	289.30	1462.10	4124.61	1220.81	20.14	11.97
12.	MADSUDIND	33.91	24.53	18.23	0.00	3.23	42.38	0.34	5.00	-2.02	30.06

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013
	1	1	1
	1	1	1
Operating Profit	1	1	1
OPM %	107	108	115
Other Income	1	1	1
Interest	0	0	0
Depreciation	0	0	0
	0	1	1
Tax %	0	2	1
Net Profit	0	1	1
EPS	0	0	0
Dividend Payout %	0	0	0
Minority Interest	0	0	0
Share of Associates	0	0	0
Adjusted EPS	1	2	1
Minority Interest	0	0	0
Share of Associates	0	0	0
Adjusted EPS	1	2	1

Mar 2011

: 1
: 1
Operating Profit: 1
OPM %: 107
Other Income: 1
Interest: 0
Depreciation: 0
: 0
Tax %: 0
Net Profit: 0
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2012

: 1
: 1
Operating Profit: 1
OPM %: 108
Other Income: 1
Interest: 0
Depreciation: 0
: 1
Tax %: 2
Net Profit: 1
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2013

: 1
: 1
Operating Profit: 1
OPM %: 115
Other Income: 1
Interest: 0
Depreciation: 0
: 1
Tax %: 1
Net Profit: 1
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

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:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 6%
Last Year:: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013
LIABILITIES	-	-	-
Equity Capital	3	3	3
	8	9	10
	2	1	0
	2	2	1
Total Liabilities	15	14	14
ASSETS	-	-	-
	2	2	2
	3	5	4
	0	0	0
Cash & Bank	1	1	1
	8	7	7
Total Assets	15	14	14
Total Debt	2	1	0
Net Working Capital	7	7	8
Contingent Liabilities	3	2	2
Book Value per Share	20.52	22.15	23.51
Face Value	5.00	5.00	5.00
Total Debt	2	1	0
Net Working Capital	7	7	8
Contingent Liabilities	3	2	2
Book Value per Share	20.52	22.15	23.51
Face Value	5.00	5.00	5.00

Mar 2011

Equity Capital: 3
: 8
: 2
: 2
Total Liabilities: 15
: 2
: 3
: 0
Cash & Bank: 1
: 8
Total Assets: 15
Total Debt: 2
Net Working Capital: 7
Contingent Liabilities: 3
Book Value per Share: 20.52
Face Value: 5.00
Total Debt: 2
Net Working Capital: 7
Contingent Liabilities: 3
Book Value per Share: 20.52
Face Value: 5.00

Mar 2012

Equity Capital: 3
: 9
: 1
: 2
Total Liabilities: 14
: 2
: 5
: 0
Cash & Bank: 1
: 7
Total Assets: 14
Total Debt: 1
Net Working Capital: 7
Contingent Liabilities: 2
Book Value per Share: 22.15
Face Value: 5.00
Total Debt: 1
Net Working Capital: 7
Contingent Liabilities: 2
Book Value per Share: 22.15
Face Value: 5.00

Mar 2013

Equity Capital: 3
: 10
: 0
: 1
Total Liabilities: 14
: 2
: 4
: 0
Cash & Bank: 1
: 7
Total Assets: 14
Total Debt: 0
Net Working Capital: 8
Contingent Liabilities: 2
Book Value per Share: 23.51
Face Value: 5.00
Total Debt: 0
Net Working Capital: 8
Contingent Liabilities: 2
Book Value per Share: 23.51
Face Value: 5.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013
	6	2	0
Cash from Investing	-2	-1	1
Cash from Financing	-3	-1	-1
	0	-0	1
Free Cash Flow	6	2	0
OCF / Net Profit	13.84	2.32	0.17
Cumulative 5-Year FCF	0	0	0
OCF / Net Profit	13.84	2.32	0.17
Cumulative 5-Year FCF	0	0	0

Mar 2011

: 6
Cash from Investing: -2
Cash from Financing: -3
: 0
Free Cash Flow: 6
OCF / Net Profit: 13.84
Cumulative 5-Year FCF: 0
OCF / Net Profit: 13.84
Cumulative 5-Year FCF: 0

Mar 2012

: 2
Cash from Investing: -1
Cash from Financing: -1
: -0
Free Cash Flow: 2
OCF / Net Profit: 2.32
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.32
Cumulative 5-Year FCF: 0

Mar 2013

: 0
Cash from Investing: 1
Cash from Financing: -1
: 1
Free Cash Flow: 0
OCF / Net Profit: 0.17
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.17
Cumulative 5-Year FCF: 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013
PER SHARE	-	-	-
EPS (₹)	0.83	1.62	1.37
Book Value (₹)	20.52	22.15	23.51
Dividend per Share (₹)	0.00	0.00	0.00
Cash EPS (₹)	1.26	1.97	1.65
PROFITABILITY	-	-	-
Operating Margin %	106.76%	107.98%	114.62%
Net Margin %	44.35%	88.31%	87.36%
ROE %	4.13%	7.61%	6.00%
ROCE %	5.68%	8.34%	6.38%
	2.73%	6.04%	5.25%
EFFICIENCY	-	-	-
Debtor Days	669	632	740
Inventory Days	18	7	3
Payable Days	0	123	0
	687	517	742
FINANCIAL HEALTH	-	-	-
Debt to Equity (x)	0.22x	0.07x	0.00x
Interest Coverage (x)	2.12x	5.37x	12.35x
	3.70x	6.04x	14.57x
GROWTH	-	-	-
Revenue Growth %	8.00%	-1.87%	-14.79%
Operating Profit Growth %	8.13%	-0.75%	-9.55%
Net Profit Growth %	309.76%	95.40%	-15.70%
	0.00%	0.00%	0.00%
VALUATION	-	-	-
P/E (x)	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x

Mar 2011

EPS (₹): 0.83
Book Value (₹): 20.52
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.26
Operating Margin %: 106.76%
Net Margin %: 44.35%
ROE %: 4.13%
ROCE %: 5.68%
: 2.73%
Debtor Days: 669
Inventory Days: 18
Payable Days: 0
: 687
Debt to Equity (x): 0.22x
Interest Coverage (x): 2.12x
: 3.70x
Revenue Growth %: 8.00%
Operating Profit Growth %: 8.13%
Net Profit Growth %: 309.76%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2012

EPS (₹): 1.62
Book Value (₹): 22.15
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.97
Operating Margin %: 107.98%
Net Margin %: 88.31%
ROE %: 7.61%
ROCE %: 8.34%
: 6.04%
Debtor Days: 632
Inventory Days: 7
Payable Days: 123
: 517
Debt to Equity (x): 0.07x
Interest Coverage (x): 5.37x
: 6.04x
Revenue Growth %: -1.87%
Operating Profit Growth %: -0.75%
Net Profit Growth %: 95.40%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2013

EPS (₹): 1.37
Book Value (₹): 23.51
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.65
Operating Margin %: 114.62%
Net Margin %: 87.36%
ROE %: 6.00%
ROCE %: 6.38%
: 5.25%
Debtor Days: 740
Inventory Days: 3
Payable Days: 0
: 742
Debt to Equity (x): 0.00x
Interest Coverage (x): 12.35x
: 14.57x
Revenue Growth %: -14.79%
Operating Profit Growth %: -9.55%
Net Profit Growth %: -15.70%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	56.08	56.08	56.08	56.08	56.08	56.08	56.08	56.08	56.08
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.19	0.19	0.19	0.19	0.18	0.18	0.18	0.18	0.18
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	43.73	43.73	43.73	43.73	43.73	43.73	43.73	43.73	43.73

Jun 2024

: 56.08
FIIs: 0.00
: 0.19
Government: 0.00
: 43.73

Sep 2024

: 56.08
FIIs: 0.00
: 0.19
Government: 0.00
: 43.73

Dec 2024

: 56.08
FIIs: 0.00
: 0.19
Government: 0.00
: 43.73

Mar 2025

: 56.08
FIIs: 0.00
: 0.19
Government: 0.00
: 43.73

Jun 2025

: 56.08
FIIs: 0.00
: 0.18
Government: 0.00
: 43.73

Sep 2025

: 56.08
FIIs: 0.00
: 0.18
Government: 0.00
: 43.73

Dec 2025

: 56.08
FIIs: 0.00
: 0.18
Government: 0.00
: 43.73

Mar 2026

: 56.08
FIIs: 0.00
: 0.18
Government: 0.00
: 43.73

Jun 2026

: 56.08
FIIs: 0.00
: 0.18
Government: 0.00
: 43.73

Documents

Announcements

Nothing filed yet.

Annual Reports

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Credit Ratings

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Concalls

Nothing filed yet.