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Madhusudan Masala MADHUSUDAN.NS · INR

Consumer Staples · NSE · 🇮🇳 India

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269.75

+2.57%

Close of 9 Nov 2026, in INR

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About Madhusudan Masala

Its shares trade on NSE under the ticker MADHUSUDAN.NS. It has been listed since 26 September 2023. In the fiscal year to 31 March 2025, it reported revenue of ₹2.31bn and net income of ₹150.2m. At that date it held total assets of ₹1.79bn and shareholders' equity of ₹936.6m.

Madhusudan Masala Ltd is a IN-based company operating in Food Products industry. The company is headquartered in Jamnagar, Gujarat. The company went IPO on 2023-09-26. Madhusudan Masala Limited is an India-based company, which is engaged in the business of manufacturing and processing of approximately 32 types of spices under the brand names of DOUBLE HATHI and MAHARAJA. The company also sells products, including whole spices, tea and other grocery products, which include rajgira flour, papad, soya products, asafetida, achar masala, sanchar, sindhalu, katlu powder, kasuri methi and others under the brand name of DOUBLE HATHI. Its range of spices includes ground spices, which comprises of various varieties of chilli powder, turmeric powder, coriander powder and coriander cumin powder; and blend spices, which comprises of 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, black pepper powder, dry mango powder and other. The company also deals in whole spices in retail and bulk quantities.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Staples
Industry
Food Products
Listed since
26 Sept 2023

Leadership

Pay as last reported

  • Mr. Rishit KotechaChairman of the Board and Managing Director, Executive Director, since 2022₹800,000
  • Mr. Kirit DharaviyaChief Financial Officer₹608,568
  • Ms. Megha MadaniCompany Secretary and Compliance Officer₹241,000
  • Mr. Hiren KotechaWhole Time Director, since 2022₹800,000
  • Mr. Dayalji KotechaNon-Executive Director, since 2023₹500,000
  • Ms. Foram KotechaNon-Executive Director₹500,000
  • Ms. Mayuri KotechaNon-Executive Director₹500,000
  • Mr. Vijaykumar KotechaNon-Executive Director, since 2023₹500,000
  • Mr. Chintan MehtaNon-Executive Independent Director
  • Ms. Rashmi OtavaniAdditional Non-Executive Independent Director
  • Mr. Parth SukhpariaNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Operates in the Consumer Staples sector with a focus on Food Products.
  • Manufactures and processes approximately 32 types of spices under brand names DOUBLE HATHI and MAHARAJA.
  • Offers a diverse product range including ground spices, blend spices, whole spices, and grocery items.

Weaknesses

  • No specific weaknesses mentioned in the provided information.
  • Limited information on market share or competitive positioning.
  • No details on financial performance or operational scale provided.

Opportunities

  • Expansion into new markets for spice products and grocery items.
  • Potential growth in the Indian food products industry.
  • Opportunity to leverage brand names DOUBLE HATHI and MAHARAJA for market penetration.

Threats

  • Competition from other food product manufacturers in the Indian market.
  • Dependence on the Indian market for business operations.
  • Potential regulatory changes affecting the food industry.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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