Madhusudan Masala Ltd
Incorporated in 1982, Madhusudan Masala Ltd manufactures and trades Spices and other related items[1]
- Market Cap ₹ 304 Cr.
- Current Price ₹ 211
- High / Low ₹ 229 / 96.0
- Stock P/E 26.3
- Book Value ₹ 53.1
- Dividend Yield 0.00 %
- ROCE 22.2 %
- ROE 32.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.76%
- Debtor days have increased from 66.1 to 80.5 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 69 | 65 | 127 | 162 | 203 | |
| 66 | 63 | 116 | 145 | 180 | |
| Operating Profit | 3 | 2 | 11 | 17 | 22 |
| OPM % | 4% | 3% | 9% | 11% | 11% |
| 0 | 1 | 0 | 0 | 0 | |
| Interest | 2 | 2 | 3 | 4 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 8 | 12 | 15 |
| Tax % | 27% | 16% | 26% | 26% | |
| 0 | 1 | 6 | 9 | 12 | |
| EPS in Rs | 810.00 | 11.50 | 7.13 | 8.50 | |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 173% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 67% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| Last Year: | 32% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.01 | 5 | 13 | 14 |
| Reserves | 11 | 0 | 6 | 33 | 62 |
| 10 | 28 | 43 | 52 | 56 | |
| 5 | 7 | 4 | 7 | 23 | |
| Total Liabilities | 26 | 35 | 57 | 105 | 155 |
| 5 | 4 | 4 | 10 | 12 | |
| CWIP | 0 | 0 | 6 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 8 |
| 21 | 31 | 48 | 93 | 135 | |
| Total Assets | 26 | 35 | 57 | 105 | 155 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 2 | -5 | -9 | -29 | |
| -1 | 0 | -6 | -3 | |
| -1 | 5 | 16 | 31 | |
| Net Cash Flow | 0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 67 | 70 | 47 | 81 |
| Inventory Days | 44 | 97 | 75 | 112 |
| Days Payable | 27 | 36 | 4 | 9 |
| Cash Conversion Cycle | 83 | 131 | 118 | 184 |
| Working Capital Days | 84 | 135 | 124 | 187 |
| ROCE % | 11% | 27% | 22% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 January 2025 - Madhusudan Masala Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
11 January 2025 - Madhusudan Masala Limited has informed regarding Non-Applicability of the Regulation 27(2) of the SEBI (LODR) Regulations, 2015
-
Alteration Of Capital and Fund Raising-XBRL
16 December 2024 - Madhusudan Masala Limited has informed regarding Allotment of Securities
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Outcome of Board Meeting
16 December 2024 - Madhusudan Masala Limited has informed regarding Board meeting held on December 16, 2024.
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Shareholders meeting
4 December 2024 - Madhusudan Masala Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on December 04, 2024
Annual reports
Concalls
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Nov 2024Transcript PPT
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Oct 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Nov 2023Transcript PPT
Business Overview:[1]
MML manufactures and processes ~32+ types of ground spices, blended spices, whole spices and other grocery products like - Tea, rajgira flour, Papad, soya Products, asafoetida (Hing), achar masala (ready-to make pickle), sanchar (black salt powder), sindhalu (rock salt powder), katlu powder (food supplement), kasuri methi (dry fenugreek) etc. It also trades in whole spices and food grains through unbranded sales.