Madhusudan Masala Peer Comparison

NSE: MADHUSUDAN

₹271.90

₹12.40 (4.78%)

As on 19-Oct-2026IST

Market cap

₹439 Cr

Revenue (TTM)

₹317 Cr

P/E Ratio

21.1

P/B Ratio

3.4

Div. Yield

0 %

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	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Market cap (₹ Cr)	439	7,473	62	47	30
Revenue (₹ Cr)	317	2,571	119	30	31
Net Profit (₹ Cr)	20.83	294.76	-2.12	0.80	2.34
Net Margin (%)	6.54	11.24	-1.77	2.68	7.04
RoE (%)	18.60	11.39	-3.98	1.92	17.55
Price to Earnings	21.05	25.38	--	58.74	12.66
Price-To-Book	3.38	2.64	1.15	1.11	2.07

Income Statement (₹ Cr)

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Operating Revenue	291.71	2,509.14	114.23	22.08	32.57
Total Income	293.01	2,550.57	114.32	22.56	33.28
Total Expenditure	258.60	2,090.22	102.36	21.49	29.88
EBITDA	33.12	418.92	11.87	0.58	2.69
Depreciation	2.54	54.14	6.44	0.90	0.05
EBIT	30.58	364.78	5.43	-0.32	2.64
Interest	6.96	6.71	3.59	0.06	0.00
Other Income	1.30	41.43	0.09	0.49	0.71
Exceptional Items	3.07	-16.66	--	--	--
Profit before Tax	24.91	382.41	1.94	0.11	3.35
Provision for Tax	6.41	96.74	1.13	-0.02	0.78
Profit after Tax	18.50	285.67	0.81	0.12	2.56

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Shareholder's Funds	122.66	2,750.03	56.57	40.03	11.54
Minority Interest	--	--	--	--	--
Non-Current Liabilities	11.30	179.80	38.81	2.28	0.10
Current Liabilities	85.55	472.13	32.53	6.31	3.28
Total Liabilities	219.71	3,401.96	127.92	48.61	14.93

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Non-Current Assets	32.75	2,141.78	92.93	32.78	1.57
Current Assets	186.77	1,231.12	34.99	15.83	13.36
Total Assets	219.71	3,401.96	127.92	48.61	14.93
Total Debt*	82.96	0.00	43.42	0.77	0.00
Net Current Assets	101.22	758.99	2.46	9.52	10.08
Contingent Liabilities	12.68	130.04	16.08	--	--

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Cash From Operating Activities	-0.79	261.18	10.70	-24.15	-0.32
Cash Flow from Investing Activities	-13.60	-307.71	-3.56	-8.11	0.40
Cash from Financing Activities	14.84	-12.77	-7.11	38.32	0.00
Net Cash Inflow / Outflow	0.45	-59.30	0.03	6.06	0.07

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
ROCE (%)	17.03	14.94	5.45	0.78	31.73
ROE (%)	17.16	10.98	1.44	0.60	24.28
ROA (%)	9.28	8.69	0.62	0.40	19.13
EBIT Margin (%)	11.80	18.35	10.47	4.84	10.43
Net Margin (%)	6.31	11.20	0.71	0.55	7.70
Cash Profit Margin (%)	7.21	12.26	6.35	4.63	8.02

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Revenue Growth (%)	26.32	4.78	4.91	1.11	15.32
EBIT Growth (%)	34.26	0.65	130.48	-66.71	66.67
Net Profit Growth (%)	23.16	11.73	116.49	-90.68	81.73
EPS Growth (%)	16.93	17.89	116.49	-98.13	81.71
Book Value Growth (%)	31.24	11.63	1.19	2,933.27	20.74

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Price / Earnings	11.29	28.04	113.35	502.69	17.02
Price / Book Value	1.71	2.92	1.62	1.55	3.78
Dividend Yield (%)	0.00	0.00	0.00	0.00	0.00
EV/EBITDA	8.46	17.35	11.26	52.81	12.79
Market Cap (₹ Cr)	208.78	8,011.18	91.80	62.18	43.59

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Debt to Equity	0.68	0.00	0.77	0.02	0.00
Short term debt to equity ratio	0.56	--	0.23	--	--
Current Ratio	2.18	2.61	1.08	2.51	4.07
Quick Ratio	0.85	1.98	0.35	2.30	3.81
Interest Coverage	4.58	57.99	1.54	2.75	1,222.21

	Madhusudan Masala	Orkla India	Kothari Ferment	Spectrum Foods	Contil India
Debtors to sales (%)	20.65	7.28	8.29	19.49	35.59
Asset Turnover	1.46	0.84	0.88	0.71	2.43
Receivable days	67.19	22.74	29.61	44.56	108.51
Inventory Days	133.08	39.79	71.23	27.85	11.42
Payable days	8.30	68.74	72.44	6.22	22.15
Cash Conversion Cycle	191.98	-6.22	28.39	66.18	97.77

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.