Market cap
₹419 Cr
Revenue (TTM)
₹317 Cr
P/E Ratio
20.1
P/B Ratio
2.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 2.85 | 38.85 | 13.97 | 27.15 | -- |
| EBIT | 7.14 | 50.18 | 30.63 | 35.30 | -- |
| Net Profit | 11.25 | 56.47 | 31.57 | 41.09 | -- |
| EPS | 5.08 | 40.32 | 25.04 | 18.37 | -- |
| Book Value | -- | -- | 22.93 | 86.74 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 9.88 | -- | 10.73 | 10.48 | 9.48 |
| Net Margin
| 5.72 | -- | 6.54 | 6.31 | 6.47 |
| Return on equity
| 21.65 | -- | 18.60 | 17.16 | 16.11 |
| Return on Capital
| 18.48 | -- | -- | 17.03 | 15.61 |
| Return on Assets
| 9.63 | -- | 18.96 | 9.28 | 8.39 |
| Debt to Equity (x)
| -- | -- | 0.09 | 0.68 | 0.81 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
17.03
|
15.61
|
--
|
--
|
|
Peer Median
|
--
|
23.72
|
23.75
|
21.15
|
--
|
ROE
18.60
Higher than Peers by 17.51
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
18.60
|
17.16
|
16.11
|
--
|
--
|
|
Peer Median
|
1.10
|
24.41
|
29.32
|
8.85
|
--
|
ROA
18.96
Higher than Peers by 18.50
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
18.96
|
9.28
|
8.39
|
--
|
--
|
|
Peer Median
|
0.47
|
10.91
|
11.31
|
6.95
|
--
|
EBIT Margin
10.73
Higher than Peers by 6.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
10.73
|
10.48
|
9.48
|
--
|
--
|
|
Peer Median
|
4.68
|
--
|
7.01
|
7.59
|
--
|
Net Margin
6.54
Higher than Peers by 6.01
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
6.54
|
6.31
|
6.47
|
--
|
--
|
|
Peer Median
|
0.54
|
7.15
|
5.65
|
3.12
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
7.21
|
7.53
|
--
|
--
|
|
Peer Median
|
--
|
--
|
0.00
|
0.00
|
--
|
Revenue Growth
13.44
Higher than Peers by 8.77
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
13.44
|
26.32
|
--
|
--
|
--
|
|
Peer Median
|
4.67
|
--
|
7.36
|
50.36
|
--
|
EBIT Growth
38.34
Higher than Peers by 16.92
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
38.34
|
39.73
|
--
|
--
|
--
|
|
Peer Median
|
21.43
|
--
|
142.74
|
2,342.31
|
--
|
Net Profit Growth
31.57
Higher than Peers by 11.79
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
31.57
|
23.16
|
--
|
--
|
--
|
|
Peer Median
|
19.78
|
--
|
60.33
|
202.21
|
--
|
EPS Growth
25.04
Lower than Peers by 48.98
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
25.04
|
16.93
|
--
|
--
|
--
|
|
Peer Median
|
74.02
|
--
|
-25.82
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
31.24
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.09
Lower than Peers by 0.38
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
0.09
|
0.68
|
0.81
|
--
|
--
|
|
Peer Median
|
0.47
|
0.68
|
0.84
|
0.74
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
0.56
|
0.69
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.18
Higher than Peers by 0.69
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
2.18
|
2.18
|
2.06
|
--
|
--
|
|
Peer Median
|
1.49
|
2.18
|
1.78
|
1.48
|
--
|
Quick Ratio
0.85
Higher than Peers by 0.33
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
0.85
|
0.85
|
0.77
|
--
|
--
|
|
Peer Median
|
0.51
|
--
|
3.81
|
3.83
|
--
|
Interest Coverage
4.83
Higher than Peers by 3.32
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
4.83
|
4.58
|
4.19
|
--
|
--
|
|
Peer Median
|
1.52
|
5.02
|
6.28
|
3.37
|
--
|
Operating Efficiency
Debtors to sales
19.01
Higher than Peers by 10.73
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
19.01
|
20.65
|
20.42
|
--
|
--
|
|
Peer Median
|
8.28
|
--
|
37.96
|
24.87
|
--
|
Asset Turnover
2.88
Higher than Peers by 2.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
2.88
|
1.46
|
1.29
|
--
|
--
|
|
Peer Median
|
0.88
|
--
|
2.28
|
3.03
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
67.19
|
74.54
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
133.08
|
155.30
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
8.30
|
9.65
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
191.98
|
220.20
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
20.09
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
20.09
|
11.29
|
14.39
|
--
|
--
|
|
Peer Median
|
--
|
20.09
|
13.54
|
29.47
|
--
|
Price / Book Value
2.89
Higher than Peers by 1.77
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
2.89
|
1.71
|
2.32
|
--
|
--
|
|
Peer Median
|
1.12
|
3.23
|
2.97
|
5.45
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.19
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
13.19
|
8.46
|
11.35
|
--
|
--
|
|
Peer Median
|
--
|
19.02
|
15.34
|
54.32
|
--
|
Market Cap
419
Higher than Peers by 358
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
419
|
209
|
216
|
--
|
--
|
|
Peer Median
|
60
|
244
|
74
|
129
|
--
|