Madhusudan Masala share price
NSE: MADHUSUDANFood Products
Last close ₹253.55down ₹0.30 (0.12%)
Share price at the NSE close on 23 Oct 2026. Previous close ₹253.85.
52-week range of traded prices to 23 Oct 2026
₹108.60Low, 17 Nov 2025₹285.00High, 19 Oct 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹409 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 18 Jul 2026
- 19.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 18 Jul 2026
- 19.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 25 May 2026
- 0.68
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 18,00083.3% delivered
Results
Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 18 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹90 Crup 2.85%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5.81 Crup 11.24%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 6.5%
Revenue by year
Peak revenue ₹262 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Jun 2025Filed 28 Jul | Sep 2025Filed 13 Nov | Dec 2025Filed 19 Jan | Mar 2026Filed 25 May | Jun 2026Filed 18 Jul |
|---|---|---|---|---|---|
| Revenue | 64.5 | 41.6 | 68.4 | 87.1 | 89.5 |
| Net profit | 3.7 | 3.1 | 4.1 | 5.2 | 5.8 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 5.8% | 7.4% | 6.0% | 6.0% | 6.5% |
Standalone. The 5 quarters from Jun 2025, the first on record; the half years before them are below. The latest is shaded.
| ₹ crore | Sep 2024 |
|---|---|
| Revenue | 94.8 |
| Net profit | 5.7 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 6.0% |
Standalone. The half years in the same span that the quarters on record do not fully cover.
Business segments
In the year to Mar 2026 the company reports one business segment, SPICES, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −8.3% | +31.5% | −30.3% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Peers and competitors
Other Food Products, 44 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Madhusudan Masala in market cap. 1 company in the table last traded before then: its row is priced on its last trade.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Pajson Agro IndiaPAJSON | 743 | 30.0 | 5.5 | – | – | – | 18.2% | – | 0.00% |
 Apis IndiaAPIS | 741 | – | – | – | – | – | – | – | 0.00% |
 Proventus AgrocomPROV | 656 | 46.2 | 4.5 | – | +59.1% | +92.8% | 10.4% | – | 0.00% |
 Hoac Foods IndiaHOACFOODS | 412 | 93.3 | 16.4 | – | +89.3% | +77.3% | 24.2% | – | 0.00% |
 Chemkart IndiaCHEMKART | 301 | 15.3 | 2.3 | – | – | – | 15.2% | – | 0.00% |
 Megastar FoodsMEGASTAR | 284 | 28.7 | 2.8 | 11.3 | +35.6% | +99.2% | 10.1% | 11.4% | 0.00% |
 Srivari Spices and FoodsSSFL | 243 | 15.0 | 3.3 | 9.3 | +53.3% | +70.5% | 24.4% | – | 0.00% |
 Adon Agro CommoditiesADON | 212 | 9.1 | – | – | – | – | 60.4% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
1 Oct · Address Change
Sep 2026
21 Sep · Analysts
Madhusudan Masala share price by year
Each calendar year to 2025.Madhusudan Masala share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 131.45 | −39.5% | 224.95 | 108.95 |
| 2024 | 217.40 | +78.4% | 217.40 | 100.75 |
| 2023 | 121.85 | – | 148.20 | 106.10 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 26 Sep 2023.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 260.05 | 260.05 | 247.25 | 253.55 | 254.91 | 18,000 | 83.3% |
| 22 Oct 2026 | 254.00 | 254.75 | 244.05 | 253.85 | 251.03 | 30,000 | 73.3% |
| 21 Oct 2026 | 276.50 | 279.00 | 252.60 | 256.00 | 261.74 | 37,000 | 64.9% |
| 19 Oct 2026 | 260.00 | 285.00 | 260.00 | 271.90 | 272.39 | 57,000 | 79.0% |
| 16 Oct 2026 | 255.00 | 265.00 | 250.00 | 259.50 | 257.08 | 59,000 | 71.2% |
| 15 Oct 2026 | 240.00 | 252.00 | 235.00 | 247.25 | 243.19 | 49,000 | 91.8% |
| 14 Oct 2026 | 234.95 | 239.90 | 234.45 | 237.00 | 236.86 | 16,000 | 81.3% |
| 13 Oct 2026 | 229.00 | 231.95 | 227.00 | 227.70 | 227.92 | 19,000 | 100.0% |
| 12 Oct 2026 | 224.65 | 240.00 | 223.50 | 234.80 | 235.53 | 59,000 | 74.6% |
| 9 Oct 2026 | 226.00 | 229.00 | 220.00 | 220.00 | 224.61 | 23,000 | 95.7% |
Prices in ₹ per share as traded, not adjusted.
Company details
- Legal name
- Madhusudan Masala Limited
- NSE symbol
- MADHUSUDAN
- ISIN
- INE0P6701019
- Industry
- Food Products
- Listed
- Sep 2023
- Face value
- ₹10