Market cap
₹436 Cr
Revenue (TTM)
₹369 Cr
P/E Ratio
18.3
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 | 1.34 | 118.20 | 47.26 | 27.15 | -- |
| EBIT | 1.34 | 78.39 | 59.59 | 35.30 | -- |
| Net Profit | 4.50 | 96.19 | 62.87 | 41.09 | -- |
| EPS | 4.51 | 75.95 | 51.30 | 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 | -- | 10.35 | 10.48 | 9.48 |
| Net Margin
| 5.72 | -- | 6.41 | 6.31 | 6.47 |
| Return on equity
| 21.65 | -- | 17.58 | 17.16 | 16.11 |
| Return on Capital
| 18.48 | -- | -- | 17.03 | 15.61 |
| Return on Assets
| 9.63 | -- | 10.66 | 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
|
--
|
17.26
|
23.75
|
21.15
|
--
|
ROE
17.58
Higher than Peers by 11.28
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
17.58
|
17.16
|
16.11
|
--
|
--
|
|
Peer Median
|
6.29
|
19.10
|
29.32
|
8.85
|
--
|
ROA
10.66
Higher than Peers by 5.81
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
10.66
|
9.28
|
8.39
|
--
|
--
|
|
Peer Median
|
4.84
|
9.28
|
11.31
|
6.95
|
--
|
EBIT Margin
10.35
Higher than Peers by 2.92
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
10.35
|
10.48
|
9.48
|
--
|
--
|
|
Peer Median
|
7.43
|
--
|
7.01
|
7.59
|
--
|
Net Margin
6.41
Higher than Peers by 2.98
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
6.41
|
6.31
|
6.47
|
--
|
--
|
|
Peer Median
|
3.43
|
9.28
|
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
45.01
Higher than Peers by 39.40
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
45.01
|
26.32
|
--
|
--
|
--
|
|
Peer Median
|
5.62
|
--
|
7.36
|
50.36
|
--
|
EBIT Growth
64.83
Higher than Peers by 43.37
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
64.83
|
39.73
|
--
|
--
|
--
|
|
Peer Median
|
21.46
|
--
|
142.74
|
2,342.31
|
--
|
Net Profit Growth
62.87
Higher than Peers by 38.80
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
62.87
|
23.16
|
--
|
--
|
--
|
|
Peer Median
|
24.08
|
--
|
60.33
|
202.21
|
--
|
EPS Growth
51.30
Lower than Peers by 8.75
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
51.30
|
16.93
|
--
|
--
|
--
|
|
Peer Median
|
60.05
|
--
|
-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 0.18
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
|
0.28
|
0.55
|
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
2.36
Higher than Peers by 0.31
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
2.36
|
2.18
|
2.06
|
--
|
--
|
|
Peer Median
|
2.04
|
2.26
|
1.78
|
1.48
|
--
|
Quick Ratio
0.90
Higher than Peers by 0.18
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
0.90
|
0.85
|
0.77
|
--
|
--
|
|
Peer Median
|
0.73
|
--
|
3.81
|
3.83
|
--
|
Interest Coverage
5.32
Higher than Peers by 2.30
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
5.32
|
4.58
|
4.19
|
--
|
--
|
|
Peer Median
|
3.02
|
6.62
|
6.28
|
3.37
|
--
|
Operating Efficiency
Debtors to sales
13.58
Higher than Peers by 5.29
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
13.58
|
20.65
|
20.42
|
--
|
--
|
|
Peer Median
|
8.30
|
--
|
37.96
|
24.87
|
--
|
Asset Turnover
1.66
Higher than Peers by 0.77
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
1.66
|
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
18.33
Lower than Peers by 6.55
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
|
18.33
|
11.29
|
14.39
|
--
|
--
|
|
Peer Median
|
24.88
|
18.33
|
13.54
|
29.47
|
--
|
Price / Book Value
2.95
Higher than Peers by 1.04
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
|
2.95
|
1.71
|
2.32
|
--
|
--
|
|
Peer Median
|
1.91
|
2.95
|
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
12.59
--
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
|
12.59
|
8.46
|
11.35
|
--
|
--
|
|
Peer Median
|
--
|
16.93
|
15.34
|
54.32
|
--
|
Market Cap
436
Higher than Peers by 186
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Madhusudan Masala
|
436
|
209
|
216
|
--
|
--
|
|
Peer Median
|
250
|
241
|
74
|
129
|
--
|