MADHUSUDAN quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Madhusudan Masala Ltd reported sales of ₹97.67 Cr, operating profit of ₹10.82 Cr (OPM 11.08%) and net profit of ₹6.42 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
MADHUSUDAN quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
63.44
73.11
73.09
45.13
76.32
97.17
98.28
97.67
Expenses
58.85
65.98
65.58
38.59
68.06
86.47
87.21
86.85
Operating Profit
4.59
7.13
7.51
6.54
8.26
10.7
11.07
10.82
OPM
7.24%
9.75%
10.28%
14.49%
10.82%
11.01%
11.26%
11.08%
Other Income
0.53
2.78
0.2
0.52
0.19
0.39
0.31
0.19
Interest
1.34
1.57
1.57
1.74
1.47
2.08
2.03
1.82
Depreciation
0.77
0.59
0.59
0.62
0.65
0.68
0.62
0.64
Profit before tax
3.01
7.75
5.55
4.7
6.33
8.33
8.73
8.55
Tax
23.59%
26.84%
24.86%
25.74%
25.75%
26.29%
25.43%
24.91%
Net Profit
2.3
5.66
4.17
3.49
4.7
6.14
6.5
6.42
EPS in Rs
1.6
3.91
2.88
2.41
3.25
4.03
4.03
3.98
MADHUSUDAN profit & loss, annual (₹ Cr)
Metric
Mar 2025
Mar 2026
TTM
Sales
231
292
369
Expenses
207
258
329
Operating Profit
24
33
41
OPM
10%
11%
11%
Other Income
4
1
1
Interest
6
7
7
Depreciation
2
3
3
Profit before tax
20
25
32
Tax
25%
26%
-
Net Profit
15
18
24
EPS in Rs
10.38
12.14
15.29
Dividend Payout
0%
0%
-
MADHUSUDAN balance sheet (₹ Cr)
Metric
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
14
14
15
16
Reserves
79
87
107
132
Borrowings
75
75
83
93
Other Liabilities
10
11
14
17
Total Liabilities
179
188
220
258
Fixed Assets
15
15
16
14
CWIP
0
0
2
8
Investments
4
7
6
6
Other Assets
161
166
196
230
Total Assets
179
188
220
258
MADHUSUDAN cash flows (₹ Cr)
Metric
Mar 2025
Mar 2026
Cash from Operating Activity
-39
-1
Cash from Investing Activity
-7
-14
Cash from Financing Activity
45
15
Net Cash Flow
-1
0
Free Cash Flow
-38
-6
CFO/OP
-143%
17%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit