| Management target | Revenue 33.3% FY27 |
|---|
| Revenue growth | 18.7% H1 YoY revenue growth; Q2 moderation due to Q1 pre-buying. |
|---|---|
| Margins | Structural expansion; branded segment focus is driving sustainable EBITDA growth. |
| Demand visibility | Strong H2 visibility driven by festive season and wedding demand. |
| Management confidence | Balanced; cautious on raw material volatility but optimistic on branded shift. |
Growth
Branded sales grew 27% YoY; EBITDA margins expanded to 14.5% driven by premium brand shift.
Outlook
Projected FY26 consolidated revenue of 300-310 Cr and FY27 target of 400 Cr.
Risks
Unseasonal rains and cyclones in South India are inflating raw material (chilli) costs by 50-80%.
Earnings Call Transcript filed with NSE, NSE: MADHUSUDAN. Summary written with AI assistance from the document.
Madhusudan Masala Ltd: key numbers
- Share price
- ₹269.20
- Market cap
- ₹434.4 Cr
- Revenue (annual)
- ₹261.5 Cr
- Net profit (annual)
- ₹16.16 Cr
- P/E (TTM)
- 26.9×Sector 29.0×
- 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