Madhusudan Masala Ltd (MADHUSUDAN) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: MADHUSUDAN | Consumer Food | Small Cap

BSE Share Price
Not Listed

Madhusudan Masala Ltd (MADHUSUDAN) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: MADHUSUDAN | Consumer Food | Small Cap

DeciZen - make an informed investing decision on Madhusudan Masala

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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Madhusudan Masala stock performance -

Key Ratios
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P/E Ratio (SA):
15.46
Market Cap:
180.3 Cr.
52-wk low:
0
52-wk high:
0

Is Madhusudan Masala Ltd an attractive stock to invest in?


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10 Year X-Ray of Madhusudan Masala: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Madhusudan Masala Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 9.2%27%22.2%17%-
Value Creation
Index
-0.40.90.60.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 65.4127162217217
Sales YoY Gr.-94.5%27.5%33.5%-
Adj EPS 418.96.37.17.88.1
YoY Gr.--98.5%12.3%9.7%-
BVPS (₹) 172.611.935.762.867.5
Adj Net
Profit
0.85.79.211.312
Cash Flow from Ops. -5.1-9.2-28.6-30.3-
Debt/CF from Ops. -5.6-4.6-1.8-2.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA49%33.5%
Adj EPS NANA-73.5%9.7%
BVPSNANA-28.6%76%
Share Price - - - -38.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
242.7103.232.316.412.4
Op. Profit
Mgn %
3.3910.710.311.6
Net Profit
Mgn %
1.24.55.75.25.4
Debt to
Equity
90.841.10.70.1
Working Cap
Days
011215719880
Cash Conv.
Cycle
08712616642

Recent Performance Summary

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Latest Financials - Madhusudan Masala Ltd.

Standalone Consolidated
TTM EPS (₹) 8.1 10.4
TTM Sales (₹ Cr.) 217 231
BVPS (₹.) 67.5 69.7
Reserves (₹ Cr.) 83 86
P/BV 1.85 1.79
PE 15.46 12.00
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 180
Equity (₹ Cr.) 14.5
Face Value (₹) 10
Industry PE 59.8

Management X-Ray of Madhusudan Masala:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Madhusudan Masala - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Madhusudan Masala

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales65127162217
Operating Expenses 63116145194
Manufacturing Costs1011
Material Costs60111138185
Employee Cost 1123
Other Costs 2345
Operating Profit 2111722
Operating Profit Margin (%) 3.3%9.0%10.7%10.3%
Other Income 1001
Interest 2346
Depreciation 1112
Exceptional Items 0000
Profit Before Tax 181215
Tax 0234
Profit After Tax 16912
PAT Margin (%) 1.2%4.5%5.7%5.4%
Adjusted EPS (₹)451.66.47.18.1
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 0114691
Share Capital 051314
Reserves 063376
Minority Interest0000
Debt27425163
Long Term Debt16787
Short Term Debt12344256
Trade Payables6132
Others Liabilities 2457
Total Liabilities 3557105164

Fixed Assets

Gross Block9101721
Accumulated Depreciation5668
Net Fixed Assets 441013
CWIP 0620
Investments 0008
Inventories16234288
Trade Receivables13163636
Cash Equivalents 0000
Others Assets 281418
Total Assets 3557105164

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -5-9-29-30
PBT 181215
Adjustment 2358
Changes in Working Capital -8-19-43-50
Tax Paid -0-2-3-4
Cash Flow From Investing Activity 0-6-3-10
Capex 0-6-3-3
Net Investments 000-8
Others -0-010
Cash Flow From Financing Activity 5163141
Net Proceeds from Shares -052634
Net Proceeds from Borrowing 1031-1
Interest Paid -2-3-4-6
Dividend Paid 0000
Others -311914
Net Cash Flow -00-0-0

Finance Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/A104.7932.4317.04
ROCE (%)N/A26.9522.2116.98
Asset Turnover Ratio1.862.7521.61
PAT to CFO Conversion(x)-5-1.5-3.22-2.5
Working Capital Days
Receivable Days70425961
Inventory Days885674110
Payable Days361266

Madhusudan Masala Ltd Stock News

Madhusudan Masala Ltd FAQs

The current trading price of Madhusudan Masala on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Madhusudan Masala stood at ₹180.3.
The latest P/E ratio of Madhusudan Masala as of 31-Dec-1969 is 15.46.
The latest P/B ratio of Madhusudan Masala as of 31-Dec-1969 is 1.85.
The 52-week high of Madhusudan Masala is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Madhusudan Masala is ₹216.5 ( Cr.) .

About Madhusudan Masala Ltd

Madhusudan Masala 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 entered between Dayalji Vanravan Kotecha and Vijaykumar Vanravan Kotecha in 1982. Further ‘M/s Madhusudan & Co.’ was converted from partnership firm to a Private Limited Company under Part I of chapter XXI of the Companies Act, 2013 in the name of ‘Madhusudan Masala Private Limited’ vide Certificate of Incorporation dated December 14, 2021. Subsequently the Company was converted into a public limited company vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on April 15 2023 and consequently the name of the Company was changed from ‘Madhusudan Masala Private Limited’ to ‘Madhusudan Masala Limited’ vide fresh Certificate of Incorporation granted to the Company consequent upon conversion into public limited company 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 of ‘DOUBLE HATHI’ and ‘MAHARAJA’. it also sells 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 also generates revenue from trading of whole spices and food grains through unbranded sales.

It operates from its manufacturing facility located at Jamnagar, Gujarat. Its manufacturing unit is situated at Industrial Area Hapa, Near Jamnagar and is strategically located near the local APMC market thus facilitating easy and quick access to raw materials which reduces the transportation costs as well. Its manufacturing facility is equipped with plant & machinery to facilitate efficient production process of cleaning, drying, grading, grinding and packaging. All spices and other products are manufactured at its unit with utmost care and by way of natural process with scientific methods so as to retain the natural properties of the food like color & odor with time. Systematic procurement of raw spices in their respected seasons helps it to provide linear quality spices for the whole year.

Business area of the company

The company is engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand names of ‘DOUBLE HATHI’ and ‘MAHARAJA’.

Products of the company 

  • Ground spices
  • Blend spices
  • Whole spices
  • Tea
  • Food grains
  • Other grocery products

History and milestones 

  • 1982: Established Partnership firm in the name of M/s Madhusudan and Co.
  • 2000: Received AGMARK certification for its spices from Agriculture Produce (Grading and marketing) Act, 1937.
  • 2003: Launched ‘MAHARAJA’ brand for sale of spices like Chilli Powder.
  • 2015: Started current manufacturing unit situated at Industrial Area Hapa, Near Jamnagar. Got HACCP, ISO 9001 and ISO 22000 certifications for this factory unit.
  • 2016: Received FSSAI License.
  • 2021: Conversion of Partnership Firm into Company in the name of ‘Madhusudan Masala Private Limited’.
  • 2022: Initiated set up of multi commodity agri products cold storage with capacity of 4029 MT.
  • 2023: Conversion of Private Company to Public Limited Company.

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