Madhusudan Masala Ltd

Madhusudan Masala Ltd

₹ 202 1.53%
13 Dec - close price
About

Incorporated in 1982, Madhusudan Masala Ltd manufactures and trades Spices and other related items[1]

Key Points

Business Overview:[1]
MML manufactures and processes ~32+ types of ground spices, blended spices, whole spices and other grocery products like - Tea, rajgira flour, Papad, soya Products, asafoetida (Hing), achar masala (ready-to make pickle), sanchar (black salt powder), sindhalu (rock salt powder), katlu powder (food supplement), kasuri methi (dry fenugreek) etc. It also trades in whole spices and food grains through unbranded sales.

  • Market Cap 291 Cr.
  • Current Price 202
  • High / Low 215 / 96.0
  • Stock P/E 25.2
  • Book Value 53.1
  • Dividend Yield 0.00 %
  • ROCE 22.2 %
  • ROE 32.4 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.8%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -6.76%
  • Debtor days have increased from 66.1 to 80.5 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Mar 2024 Sep 2024
54 108 95
48 96 84
Operating Profit 6 11 11
OPM % 11% 11% 12%
0 0 0
Interest 1 3 3
Depreciation 0 1 1
Profit before tax 4 8 7
Tax % 26% 25% 23%
3 6 6
EPS in Rs 2.57 4.57 3.93
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
69 65 127 162 203
66 63 116 145 180
Operating Profit 3 2 11 17 22
OPM % 4% 3% 9% 11% 11%
0 1 0 0 0
Interest 2 2 3 4 6
Depreciation 1 1 1 1 1
Profit before tax 1 1 8 12 15
Tax % 27% 16% 26% 26%
0 1 6 9 12
EPS in Rs 810.00 11.50 7.13 8.50
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 33%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 173%
TTM: 60%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 57%
Return on Equity
10 Years: %
5 Years: %
3 Years: 40%
Last Year: 32%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.00 0.01 5 13 14
Reserves 11 0 6 33 62
10 28 43 52 56
5 7 4 7 23
Total Liabilities 26 35 57 105 155
5 4 4 10 12
CWIP 0 0 6 2 0
Investments 0 0 0 0 8
21 31 48 93 135
Total Assets 26 35 57 105 155

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 -5 -9 -29
-1 0 -6 -3
-1 5 16 31
Net Cash Flow 0 -0 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 67 70 47 81
Inventory Days 44 97 75 112
Days Payable 27 36 4 9
Cash Conversion Cycle 83 131 118 184
Working Capital Days 84 135 124 187
ROCE % 11% 27% 22%

Shareholding Pattern

Numbers in percentages

Sep 2023Oct 2023Mar 2024Sep 2024
73.64% 73.64% 73.69% 66.93%
3.74% 4.82% 1.01% 1.11%
5.02% 6.42% 0.90% 4.91%
17.60% 15.05% 24.40% 27.05%
0.00% 0.06% 0.00% 0.00%
No. of Shareholders 7768478771,428

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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