High Low - Madhusudan Masala Ltd.
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Registered Address
Registered Office : F. P. No. 19, , Plot No. 1 - B, , Hapa Road,
Jamnagar, Gujarat - 361001
Tel: 0288-2572002
Email : contact@madhusudanmasala.com
Website : https://www.madhusudanmasala.com
Key Officials
Name Designation
Ms. Megha Dilipkumar Madani Co. Secretary & Compl. Officer
Mr. Kirit Vallabhbhai Dharaviya Chief Financial Officer
Listings
NSE ,  
Standalone Consolidated
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Quarterly Results
Mar 26 Dec 25 Sep 25
Sales 87.06 68.42 41.58
Other Income 0.39 0.19 0.51
Total Expenses 39.29 48.89 33.67
Operating Profit 47.76 19.52 7.91
Interest 1.89 1.31 1.64
Gross Profit 7.72 6.06 4.66
Provisions Made 0.00 0.00 0.00
Depreciation 0.59 0.57 0.53
Taxation 1.90 1.37 1.03
Net Profit / Loss 5.23 4.12 3.10
Equity Capital 15.24 14.47 14.47
Balance Sheet
Mar 26 Mar 25 Mar 24
Share Capital 15.24 14.47 12.90
Reserve & Surplus 102.44 76.42 33.15
Revaluation Reserve 0.00 0.00 0.00
Networth 117.97 91.31 46.05
Total debt 69.08 65.25 52.14
Total Liability 187.05 156.56 98.19
Net Block 13.85 12.83 10.40
Capital work in progress 0.00 0.00 1.81
Investment 9.55 7.75 0.00
Net current asset 163.65 135.99 85.99
Miscellaneous expenses 0.00 0.00 0.00
Total Assets 187.05 156.56 98.19
Income Statement
  Mar26 Mar25 Mar24
Sales 261.54 216.50 162.22
Other Income 1.28 1.38 0.45
Total Expenses 232.71 194.27 144.91
Operating Profit 28.84 22.22 17.32
Interest 6.24 6.19 4.46
Adjusted PBDIT 30.12 23.60 17.77
Depreciation 2.19 1.97 0.93
Adjusted PBT 21.68 15.44 12.39
Taxation 5.52 3.77 3.19
Net Profit / Loss 16.16 11.67 9.20
Key Ratios
  Mar26 Mar25 Mar24
OPM (%) 11.02 10.26 10.67
GPM (%) 10.18 9.35 10.10
NPM (%) 6.17 5.38 5.66
Earning Retention Ratio 100.00 100.00 100.00
Return on networth (%) 13.73 12.83 19.97
EPS (Rs.) 10.60 8.06 7.13
Dividend payout Ratio 0.00 0.00 0.00
Longterm Debt-Equity Ratio 0.05 0.07 0.17
Current Ratio 14.20 19.95 13.18
Fixed Asset Turnover Ratio 1.52 1.70 2.14
Inventory 1.40 1.39 1.65
Interest coverage Ratio 4.82 3.81 3.99
Registrar Details
KFin Technologies Ltd.
Selenium Tower B, Plot No. 31-32,Gachibowli, Financial District, Nanakramguda,Serilingampally Man
Hyderabad,500032,Telangana
Tel : 040-67161500
Fax : 23420814
Market Performance
Exchange NSE
Last Traded Price (Rs.) 144.95
Last Traded Date 17/06/2026
Last Traded Time 01:20:30 PM
Change (%) 3.20%
Day's Open (Rs.) 140.45
Previous Close (Rs.) 140.45
Day's High (Rs.) 144.95
Day's Low (Rs.) 140.45
Volume (Rs. In Lacs) 4.30
Bid Price (Rs.) 140.55
Bid Quantity 1000
Offer Price (Rs.) 145.00
Offer Quantity 1000
Exchange Code MADHUSUDANSM
Exchange Group SM
Board Meetings
Date Purpose
25/05/2026 Audited Results & Others
18/01/2026 Quarterly Results & Others
13/11/2025 Audited Results & Others
Corporate News
Madhusudan Masala - Allotment of Securities
Madhusudan Masala - Outcome of Board Meeting
Madhusudan Masala - Analysts/Institutional Investor Meet/Con. Call Updates
Madhusudan Masala - Disclosure under SEBI Takeover Regulations
Madhusudan Masala - Analysts/Institutional Investor Meet/Con. Call Updates
Share Holding Pattern as on 31/03/2026
Major Holder No. of Shares Percentage (%)
Promoters 10,597,000 69.53
Institutional Investors 859,000 5.64
Other Investors 394,804 2.59
General Public 3,389,196 22.24