Madhusudan Masala Ltd

Madhusudan Masala Ltd

₹ 166 9.90%
10 May - close price
About

Madhusudan Masala Ltd. (MML) is engaged in the business of manufacturing and processing more than 32 types of Spices under the brand names "DOUBLE HATHI" and "MAHARAJA".[1]

Key Points

Product Portfolio
** (i) Ground spices ** comprises various varieties of Chilli Powder, Turmeric Powder, Coriander Powder, and Coriander Cumin Powder.[1]

(ii) Blend spices comprise Garam Masala, Tea Masala, Chhole Masala, Sambhar Masala, Pav Bhaji Masala, Pani Puri Masala, Sabji Masala, Kitchen King Masala, Chicken Masala, Meat Masala, Chatpata Chat Masala, Butter Milk Masala, Chewda Masala, Dry Ginger Powder (Sunth), Black Pepper Powder (Mari), Dry Mango Powder (Aamchur) etc.[1]

  • Market Cap 214 Cr.
  • Current Price 166
  • High / Low 179 / 96.0
  • Stock P/E 23.3
  • Book Value 35.7
  • Dividend Yield 0.00 %
  • ROCE 31.7 %
  • ROE 83.7 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 70.8%
  • Debtor days have improved from 51.6 to 37.1 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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

Figures in Rs. Crores

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

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
69 65 127 162
66 63 116 145
Operating Profit 3 2 11 17
OPM % 4% 3% 9% 11%
0 1 0 0
Interest 2 2 3 4
Depreciation 1 1 1 1
Profit before tax 1 1 8 12
Tax % 27% 16% 25% 26%
0 1 6 9
EPS in Rs 810.00 11.52 7.13
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: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 71%
Last Year: 84%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 0 5 13
Reserves 11 0 6 33
10 28 42 52
5 7 4 7
Total Liabilities 26 35 57 105
5 4 4 12
CWIP 0 0 6 0
Investments 0 0 0 0
21 31 48 93
Total Assets 26 35 57 105

Cash Flows

Figures in Rs. Crores

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

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 67 70 47
Inventory Days 44 97 75
Days Payable 27 36 4
Cash Conversion Cycle 83 131 118
Working Capital Days 84 135 123
ROCE % 11% 27%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2023Oct 2023Mar 2024
73.64% 73.64% 73.69%
3.74% 4.82% 1.01%
5.02% 6.42% 0.90%
17.60% 15.05% 24.40%
0.00% 0.06% 0.00%
No. of Shareholders 776847877

* 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.

Documents