Madhusudan Masala FY26 net profit rises 23% to ₹1,850.12 lakh
Madhusudan Masala Limited announced its audited financial results for the year ended March 31, 2026, reporting a consolidated net profit of ₹1,850.12 lakh, a significant increase from the previous year's ₹1,502.25 lakh. Revenue from operations grew to ₹29,171.46 lakh. The board approved the results on May 25, 2026, and the company confirmed full utilization of funds raised via warrant conversion for debt repayment and expansion.
*this image is generated using AI for illustrative purposes only.
Madhusudan Masala Limited reported a consolidated net profit of ₹1,850.12 lakh for the financial year ended March 31, 2026, an increase from ₹1,502.25 lakh in the previous year. Revenue from operations rose to ₹29,171.46 lakh for FY26, compared to ₹23,092.48 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026.
The statutory auditors, M/s. Sarvesh Gohil & Associates, issued an audit report with an unmodified opinion on the financial results. The consolidated results include the financial statements of its subsidiary, Vitagreen Products Private Limited, which was acquired on July 26, 2024. The company also acknowledged the payment of a penalty imposed by the National Stock Exchange (NSE) for non-compliance with certain SEBI Listing Obligations and Disclosure Requirements Regulations.
Financial Performance
The company's total income for the year stood at ₹29,301.07 lakh, up from ₹23,230.93 lakh in the prior year. Basic earnings per share (EPS) increased to ₹12.78 from ₹10.93 in FY25. The finance costs for the year were ₹686.07 lakh, while depreciation and amortization expenses amounted to ₹254.26 lakh.
| Metric | FY26 (₹ in Lakh) | FY25 (₹ in Lakh) |
|---|---|---|
| Revenue from Operations | 29,171.46 | 23,092.48 |
| Total Income | 29,301.07 | 23,230.93 |
| Net Profit | 1,850.12 | 1,502.25 |
| Basic EPS | 12.78 | 10.93 |
Capital Allocation and Funds Utilization
The company fully utilized the proceeds of ₹10,45,27,500 raised through the conversion of warrants into fully paid-up equity shares on March 27, 2026. The funds were used for prepayment of borrowings, working capital, capital expenditure, and general corporate purposes. There was no deviation in the utilization of funds as confirmed by the audit committee and auditors.
Historical Stock Returns for Madhusudan Masala
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -8.95% | -2.91% | +6.25% | +22.87% | -2.87% | +33.38% |
How will the recent NSE penalty impact the company's future compliance strategies and corporate governance policies?
What are the projected revenue contributions from the subsidiary Vitagreen Products following its full year integration in FY26?
Does the company plan to maintain the current level of finance costs, or are there strategies in place to reduce debt further?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
