| Revenue growth | 20.3% YoY for Q3 FY26; 19.3% for 9M FY26. |
|---|---|
| Margins | EBITDA margin expanded 357 bps YoY to 10.8% in Q3. |
| Demand visibility | Strong; units operating at 98-100% capacity utilization. |
| Management confidence | High; projecting over 30% growth for full year FY26. |
Growth
Q3 Revenue grew 20.3% YoY; EBITDA surged 79.6% YoY. 9M FY26 Revenue at ₹1,945.4M (+19.3% YoY).
Outlook
Guided 30% CAGR through 2030. Phase 1 greenfield capacity (6,000 MT) operational by Oct 2026; ₹18cr capex.
Risks
Inflationary commodity cycles (chilli, turmeric, coriander) and reliance on outsourcing until new capacity is commissioned.
Earnings Call filed with NSE, NSE: MADHUSUDAN. Summary written with AI assistance from the document.
Madhusudan Masala Ltd: key numbers
- Share price
- ₹264.90
- Market cap
- ₹427.4 Cr
- Revenue (annual)
- ₹261.5 Cr
- Net profit (annual)
- ₹16.16 Cr
- P/E (TTM)
- 26.4×Sector 29.1×
- Promoter holding
- 70.44%
- FII holding
- 0.68%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Madhusudan Masala Ltd
All →Madhusudan Masala Earnings Call Transcript: Key Takeaways
Q2 revenue ₹97.7 Cr (+116% YoY), H1 ₹196 Cr (+65.8%); H1 PAT ₹12.9 Cr (+68%). Branded mix 70%. EBITDA margin fell to ~11% from 14.5%, attributed to super-stockist margins.
- Call
- Guides 35% growth
Madhusudan Masala SME to Main Board Migration
Madhusudan Masala seeks shareholder approval via postal ballot to migrate listing from NSE Emerge to NSE and BSE Main Boards. E-voting closes 3 December 2026.
Madhusudan Masala Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 977 Mn (+116.4% YoY), PAT Rs 64 Mn (+83.9%), EBITDA margin 11.1% (vs 14.5%). H1 revenue Rs 1,960 Mn, PAT Rs 129 Mn. Focus: branded scale, capacity expansion, pan-India distribution.
- Call
- Guides 35% growth
Madhusudan Masala Q2 FY27 Results: Net Profit ₹6.4 Cr, Up 82.9% YoY
Madhusudan Masala Ltd reported revenue from operations of ₹97.7 Cr (+116.6% YoY) and net profit of ₹6.4 Cr (+82.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹6.4 Cr · +82.9% YoY
Madhusudan Masala Other Announcement
Madhusudan Masala Limited has updated its registered office address details to reflect complete municipal survey particulars and postal pin code, with no physical relocation involved.
Madhusudan Masala Annual General Meeting
Madhusudan Masala Limited held its 5th Annual General Meeting on September 30, 2026. The meeting covered adoption of financial statements and director remuneration revisions.
- annual manufacturing capacity
- 6000.0 MT