Madhusudan Masala Limited
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".
What Madhusudan files
- Others51
- Investor Meet44
- Board Meeting18
- Important8
- Updates8
- Insider Trade5
Madhusudan Masala Limited has dispatched the annual report and meeting notice for its upcoming annual general meeting to eligible shareholders. The report is accessible via the company website for members needing updates.
Madhusudan Masala detailed a growth strategy at an investor meeting. FY26 Revenue hit ₹292 Cr, EBITDA ₹33 Cr, PAT ₹18.5 Cr. A new ₹15-16 Cr greenfield expansion (6,000 MT) is nearing completion, improving margins. Company targets 1% Indian spice market share (₹3,000-3,500 Cr revenue by 2030) via expansion and acquisitions.
Madhusudan Masala reported a minor factory fire, swiftly controlled. Estimated raw material loss of ₹0.6-0.7 Cr is fully insured. Operations resumed immediately with no structural damage or injuries. Minimal business disruption.
Madhusudan Masala reported H1 FY26 revenue of 118.22 Cr (+18.7% YoY) and net profit of 7.66 Cr (+17.2% YoY). Q2 saw sales normalize after exceptional Q1 stocking. The company is strategically shifting to higher-margin branded sales (71%), expecting a strong H2 rebound as channel inventories are depleted and prices improve.
Madhusudan Masala's subsidiary, Vitagreen, has commenced construction on a 200,000 sq ft state-of-the-art spice processing facility in Gujarat. The plant, with an initial 6,000 MT annual capacity, targets high-quality products for Indian and international markets.