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Earnings Call

Madhusudan Masala Earnings Call: Key Takeaways

Madhusudan Masala reports strong FY26 performance with 26.3% revenue growth and 54.8% adj. PAT growth. Transitioning from regional player to national spice FMCG through Vitagreen acquisition and Greenfield expansion.

Why this was an Alfa AlertNot a filter event. Performance is strong but no specific prior guided range was provided to verify a 10% beat.
Highlights
Revenue growth26.3% YoY for FY26.
MarginsEBITDA margin expanded 82 bps to 11.3% in FY26.
Demand visibilityStrong, driven by formalization and premiumization trends.
Management confidenceHigh, targeting 30% CAGR over 3-5 years.

Growth

Consolidated FY26 revenue reached ₹2,917 Mn (+26.3% YoY); Adjusted Net Profit grew to ₹185 Mn (+54.8% YoY). EBITDA margins improved to 11.3%.

Outlook

Management guides ~30% CAGR for next 3-5 years. New Greenfield facility (6,000 MT) in Jamnagar expected to commence production Sept 2026.

Risks

Fragmented industry competition and dependence on raw material sourcing seasonality; scaling distribution across new North Indian geographies.

Source

Earnings Call filed with NSE, NSE: MADHUSUDAN. Summary written with AI assistance from the document.

Read the document ↗

Madhusudan Masala Ltd: key numbers

Share price
₹235.50
Market cap
₹380.0 Cr
Revenue (annual)
₹261.5 Cr
Net profit (annual)
₹16.16 Cr
P/E (TTM)
23.5×Sector 29.0×
Promoter holding
70.47%+0.00% QoQ
FII holding
0.68%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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