| Management target | Revenue 35.0% 2030 |
|---|
| Revenue growth | Q2 ₹97.7 Cr, +116% YoY; H1 ₹196 Cr, +65.8% YoY. |
|---|---|
| Margins | Q2 EBITDA ~11% vs 14.5% LY; management says ≥11% firm. |
| Demand visibility | Govt curbs on unbranded loose spices support branded demand shift. |
| Management confidence | Confident on growth; evasive on FY30 path; conservative guidance framing. |
Growth
Q2 revenue +116% YoY, roughly flat QoQ; H1 +65.8%. Volume/price split not quantified on the call.
Outlook
Guides 30–40% CAGR over 5–6 years; Sanosara plant (6,000 MT) production targeted from end-November; EBITDA above 11% called firm.
Risks
EBITDA margin down ~3.5ppt YoY; commodity price volatility; management conceded 30–40% CAGR falls short of 1% share target.
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.
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