Madhusudan Masala Limited — PPTs, 27-05-2026: Investor Presentation

Madhusudan Masala reported strong FY26 consolidated financial results, with revenue growing to ₹291.71 Cr (+26.3% YoY) and Adjusted Net Profit reaching ₹18.5 Cr (+54.8% YoY). Q4FY26 also saw robust performance, with revenue at ₹97.17 Cr (+32.9% YoY) and Adjusted Net Profit at ₹6.14 Cr (+76.9% YoY).

The company is strategically shifting from a regional player to a multi-category spice FMCG powerhouse. This transition is powered by its dual-engine platform of ground and blended spices, significantly boosted by the Vitagreen acquisition. A key growth driver is the expansion of its distribution network, now covering 46,500+ retailers across 9 states.

A new 6,000 MT greenfield manufacturing facility in Jamnagar is under construction, expected to commence production by September 2026, enhancing capacity. Management is focused on expanding its product portfolio, boosting branded sales, and strengthening its PAN India distribution, targeting a ~30% CAGR over the next 3-5 years and aspiring for 1% market share in the Indian spices industry.