Madhusudan Masala Ltd share price logo

Madhusudan Masala Ltd

NSE: MADHUSUDAN

BSE: 91841

Small Cap

FMCG Sector

Retail Sector

₹236.00

+4.95

(+2.14%)

as on

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Tech Chart

Madhusudan Masala Stock Performance

as on July 21, 2026 at 4:55 pm IST

  • Day's High

    ₹236.00
    ₹240.00

    1.69%

    Upside

    downward going graph

  • 52 Week's Low

    52 Week's High

    ₹108.60
    ₹260.00
    downward going graph

    53.98%

    Downside

    10.17%

    Upside

    downward going graph

Madhusudan Masala share price movements today

Previous Close
₹231.05
Open
₹236.00
Volume
11.00K
Upper Circuit
₹242.60
Lower Circuit
₹219.50
Day's Low - High
₹236.00 - ₹240.00
52 Week Low - High
₹108.60 - ₹260.00

Madhusudan Masala Historical Returns

1 Month Return
+ 12.79 %
3 Month Return
+ 49.31 %
1 Year Return
+ 56.22 %
3 Year Return
+ 102.68 %
5 Year Return
+ 102.68 %

Madhusudan Masala Fundamentals

as on July 21, 2026 at 11:25 am IST

Market Cap

₹372.80 Cr

Return on Equity (ROE)

16.99

PE Ratio (TTM)

16.36

Return on capital employed (ROCE)

16.98

Industry PE ratio

47.67

Beta (LTM)

0.67

P/B Ratio

2.38

Dividend Yield

0

PEG Ratio

6.44

Quarterly Earnings Growth YOY

55.88

EPS (TTM)

10.38

Book Value

64.44

Madhusudan Masala Stock Valuation

as on July 21, 2026 at 11:25 am IST

Madhusudan Masala in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

March 28, 2025

Today (16.36x)

July 20, 2026

Industry (47.67x)

July 20, 2026

Highest (18.13x)

July 7, 2026

LowHigh

Today’s Price to Earnings Ratio: 16.36x

Madhusudan Masala Technical Analysis

Track how Madhusudan Masala technical analysis has moved over time to understand its trends.

1 min
5 min
15 min
30 min
1 day
1 week
1 month

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Moving Averages

Bearish

Neutral

Bullish

Bearish

Oscillators

Bearish

Neutral

Bullish

Bearish

Overall

Bearish12
Bullish2
Neutral1

Oscillators

Name

Value

Action

MACD level (12,26)
-0.25
Bearish
CCI (20)
-139.47
Bullish
RSI (14)
21.75
Bullish
Momentum (10)
-2
Neutral
ADI (14)
74.45
Bearish
Ultimate Oscillator (7,14,28)
5.23
Bearish

Moving Averages

Name

Value

Action

SMA (20)
236.15
Bearish
EMA (20)
235.99
Bearish
VWMA (20)
236.05
Bearish
SMA (50)
236.06
Bearish
EMA (50)
236.39
Bearish
SMA (200)
238.53
Bearish
EMA (200)
238.17
Bearish
KAMA (200)
235.58
Bearish
DEMA (200)
236.69
Bearish

Madhusudan Masala Ltd vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Madhusudan Masala with its industry peers.

Company
Analyst View
Market Cap(in ₹ Cr)
5 Year CAGRDebt to Asset Ratio
Net Profit(in ₹ Cr)
Yearly Revenue(in ₹ Cr)
Madhusudan Masala Ltd image
Madhusudan Masala Ltd
NA372.8020.54%0.7215230
Nath Bio-Genes (India) Ltd image
Nath Bio-Genes (India) Ltd
NA310.83-11.1%0.0038364
Kovilpatti Lakshmi Roller Flour Mills Ltd image
Kovilpatti Lakshmi Roller Flour Mills Ltd
NA87.663.66%0.001426
Mishtann Foods Ltd image
Mishtann Foods Ltd
NA405.18-0.57%0.523331,375
Novateor Research Laboratories Ltd image
Novateor Research Laboratories Ltd
NA19.8879.55%0.00-12
See all

Madhusudan Masala Stock’s Investor Sentiment and Interest

Search interest for Madhusudan Masala Ltd Stock has increased by 204% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:204% versus previous 30 day period

Madhusudan Masala Ltd Quarterly Profit & Loss

Figures in Rupees Crores

Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sales
29.86
69.73
63.44
73.11
73.09
45.13
76.32
97.17
98.28
Other Income
0.91
0.01
0.53
2.78
0.2
0.52
0.19
0.39
0.31
Total Income
30.78
69.74
63.97
75.89
73.29
45.64
76.52
97.56
98.6
Expenses
26.04
62.22
58.85
65.99
65.57
38.58
68.08
86.47
87.21
Operating Profit
3.82
7.51
4.59
7.12
7.52
6.55
8.24
10.7
11.07
Operating Profit Margin %
12.79%
10.77%
7.24%
9.74%
10.29%
14.51%
10.8%
11.01%
11.26%
Profit Before Interest, Tax and Depreciation
4.73
7.52
5.12
9.9
7.71
7.06
8.44
11.09
11.38
Interest
1.29
1.69
1.34
1.57
1.57
1.74
1.47
2.08
2.03
Depreciation
0.62
0.21
0.77
0.59
0.59
0.62
0.65
0.68
0.62
Profit Before Tax
2.82
5.62
3.01
7.74
5.55
4.7
6.32
8.33
8.73
Tax Paid
0.45
1.44
0.71
2.08
1.38
1.21
1.63
2.19
2.22
Profit After Tax
2.36
4.17
2.3
5.66
4.17
3.49
4.7
6.14
6.5
Total Net profit including share of profit / Loss from associate company
2.36
4.17
2.3
5.66
4.17
3.49
4.7
6.14
6.5
EPS
1.64
3.18
1.59
3.93
2.88
2.41
3.25
4.24
4.22
Actual EPS
1.64
3.18
1.59
3.93
2.88
2.41
3.25
4.24
4.22
Adjusted EPS
1.64
3.18
1.59
3.93
2.88
2.41
3.25
4.24
4.22
Diluted EPS
-
3.18
1.59
3.93
2.88
2.41
3.25
4.22
4.2

Madhusudan Masala Ltd Annual Profit & Loss

Figures in Rupees Crores

Mar 2025
Mar 2026
Sales
230.92
291.71
Other Income
4.46
1.3
Total Income
235.38
293.01
Expenses
206.68
258.7
Operating Profit
24.24
33.01
Operating Profit Margin %
10.5%
11.32%
Profit Before Interest, Tax and Depreciation
28.7
34.31
Interest
6.29
6.86
Depreciation
2.37
2.54
Profit Before Tax
20.04
24.91
Tax Paid
5.03
6.4
Profit After Tax
15.02
18.5
Total Net profit including share of profit / Loss from associate company
15.02
18.5
EPS
10.93
12.78
Actual EPS
10.93
12.78
Adjusted EPS
10.93
12.78
Diluted EPS
10.93
12.72

Madhusudan Masala Ltd Cash Flow

Figures in Rupees Crores

Mar 2025
Net Cash from Operating Activities
-38.93
Cash Flow from Investing Activities
-7.23
Cash Flow from Financing Activities
44.99
Net Cash Flow
-1.16

Madhusudan Masala Stock Shareholding Pattern

Numbers in percentages

Sep 2023
Oct 2023
Mar 2024
Sep 2024
Mar 2025
Sep 2025
Mar 2026
Jun 2026
Promoters
73.64%
73.69%
73.69%
66.93%
68.09%
68.09%
69.53%
70.47%
DII
0%
0.68%
0%
0%
0%
0%
4.91%
4.47%
FII
0%
0%
0%
0%
0%
0%
0.72%
0.68%
Public
17.6%
15.06%
24.4%
27.05%
26.99%
26.48%
24.83%
24.38%
Total Outstanding Shares
1,29,00,000
1,29,00,000
1,29,00,000
1,43,90,000
1,44,70,000
1,44,70,000
1,52,40,000
1,61,35,000
Total Shareholders
776
847
877
1,428
1,532
1,519
1,395
1,347

Madhusudan Masala Corporate Actions

View detailed summary of the earnings and dividend history of Madhusudan Masala.

  • Madhusudan Masala Ltd Earnings Results

    Madhusudan Masala Ltd’s net profit jumped 55.88% since last year same period to ₹6.50Cr in the Q1 2026-2027. On a quarterly growth basis, Madhusudan Masala Ltd has generated 5.86% jump in its net profits since last 3-months.

    Read More about Earnings Results

Insights on Madhusudan Masala Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 69.53% to 70.47% in Jun 2026 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, MADHUSUDAN stock has moved up by 12.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.83% to 24.38% in Jun 2026 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.72% to 0.68% in Jun 2026 quarter

About Madhusudan Masala Ltd

Madhusudan Masala Ltd was originally formed as a Partnership Firm registered under the Indian Partnership Act 1932 with Registrar of Firms Gujarat in the name and style of M/s. Madhusudan Co. pursuant to a Deed of Partnership in 1982. FurtherM/s. Madhusudan Co. was converted from Partnership Firm to a Private Limited Company in the name of Madhusudan Masala Private Limited vide Certificate of Incorporation dated December 14 2021 issued by Registrar of Companies. Subsequently the Company was converted into a Public Limited Company on April 15 2023 and consequently the name was changed to Madhusudan Masala Limited vide fresh Certificate of Incorporation dated April 29 2023 by the Registrar of Companies Ahmedabad. The Company is engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand names ofDOUBLE HATHI and MAHARAJA. The Company sell products like: Whole Spices Tea and Other Grocery Products like: Rajgira flour Papad Soya Products Asafoetida Hing Achar Masala Ready to make pickle powder Sanchar Black Salt Powder Sindhalu Rock Salt Powder Katlu powder Food supplement Kasuri Methi Dry Fenugreek etc under the brand name of DOUBLE HATHI. Furthermore it generate revenue from trading of whole spices and food grains through unbranded sales.The Company operate from a manufacturing facility located at Jamnagar Gujarat which is strategically located near the local APMC market thus facilitating easy and quick access to raw materials which reduces the transportation costs as well. The Company initially started the Partnership Firm in 1982 in the name of M/s Madhusudan Co which later converted into Company in 2021. The Company offer more than 32 types of ground and blend spices. With the focus on providing quality products cost effectiveness and improved accessibility it has been selling products under the brand name of DOUBLE HATHI since 1977 and the brand name of MAHARAJA since 2003. It operate in a brand sensitive market and consumers prefer reliable brands for selfconsumption.The range of spices includes i Ground spices which comprises of various varieties of Chilli Powder Turmeric Powder Coriander Powder and Coriander Cumin Powder and ii Blend spices which comprises of Garam Masala Tea Masala Chhole Masala Sambhar Masala Pav Bhaji Masala Pani Puri Masala Sabji Masala Kitchen King Masala Chicken Masala Meat Masala Chatpata Chat Masala Butter Milk Masala Chewda Masala Dry Ginger Powder Sunth Black Pepper Powder Mari Dry Mango Powder Aamchur etc. The Company deals in whole spices in retail and bulk quantity. It has earned goodwill competitive edge through the consistent quality oriented product development approach.The Company is proposing a Fresh Issue Equity Shares of 3400000 through Public Offer..

Revenue: ₹98.28Cr as on June 2026 (Q1 FY27)
Net Profit: ₹6.50Cr as on June 2026 (Q1 FY27)
Listing date: 26 Sep, 2023
OrganisationMadhusudan Masala Ltd
IndustryFMCG
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FAQs

What is Madhusudan Masala share price today?

Madhusudan Masala share price today stands at ₹236 as on . Madhusudan Masala share today touched a day high of ₹240 and a low of ₹236.

What is the 52 week high and 52 week low range for Madhusudan Masala share?

Madhusudan Masala touched a 52 week high of ₹260 and a 52 week low of ₹108.6. Madhusudan Masala share price today i.e. is trending at ₹236, which is -9.23% down from its 52 week high and 117.31% up from its 52 week low.

What is Madhusudan Masala's market capitalisation today?

Madhusudan Masala market capitalisation is ₹372.80 Cr as on .

How to buy Madhusudan Masala shares?

To buy Madhusudan Masala shares, you need to follow these steps:

  • Open a Demat account and Trading account on INDmoney
  • Fund your Trading account
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  • Click on Buy or SIP to place an order to invest in Madhusudan Masala shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

What is Madhusudan Masala trading volume today?

Madhusudan Masala trading volume is 11.00K as on . This means that 11.00K shares of Madhusudan Masala were bought and sold on the stock market during today's trading session.