| Scrip code | 000000 |
|---|---|
| NSE Symbol | MADHUSUDAN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0P6701019 |
| Name of Company | Madhusudan Masala Limited |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 18-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | Spices |
| Start date and time of board meeting | 18-07-2026 15:00:00 |
| End date and time of board meeting | 18-07-2026 16:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| NA | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Revenue From Operations | ||
| Revenue from operations | 8,953.50 | 8,953.50 | |
| Other income | 30.85 | 30.85 | |
| Total Income | 8,984.35 | 8,984.35 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 4,566.30 | 4,566.30 |
| (b) | Purchases of stock-in-trade | 3,225.22 | 3,225.22 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (70.09) | (70.09) |
| (d) | Employee benefit expense | 71.82 | 71.82 |
| (e) | Finance costs | 175.01 | 175.01 |
| (f) | Depreciation and amortisation expense | 54.72 | 54.72 |
| (g) | Other Expenses | ||
| 1 | Other Expenses | 181.10 | 181.10 |
| Total other expenses | 181.10 | 181.10 | |
| Total expenses | 8,204.08 | 8,204.08 | |
| 3 | Profit before exceptional and extraordinary items and tax | 780.27 | 780.27 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Profit before extraordinary items and tax | 780.27 | 780.27 |
| 6 | Extraordinary items | 0.00 | 0.00 |
| 7 | Profit before tax | 780.27 | 780.27 |
| 8 | Tax Expense | ||
| Current tax | 198.02 | 198.02 | |
| Deferred tax | 0.76 | 0.76 | |
| Total tax expenses | 198.78 | 198.78 | |
| 9 | Net Profit Loss for the period from continuing operations | 581.49 | 581.49 |
| 10 | Profit (loss) from discontinuing operations before tax | 0.00 | 0.00 |
| 11 | Tax expense of discontinuing operations | 0.00 | 0.00 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0.00 | 0.00 |
| 13 | Profit (loss) for period before minority interest | 581.49 | 581.49 |
| 14 | Share of profit (loss) of associates | ||
| 15 | Profit (loss) of minority interest | ||
| 16 | Net profit (Loss) for the period | 581.49 | 581.49 |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 1,613.50 | 1,613.50 | |
| Face value of equity share capital | 10 | 10 | |
| 18 | Reserves excluding revaluation reserve | ||
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.77 | 3.77 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.76 | 3.76 | |
| 20 | Debt equity ratio | 0.0 | 0.0 |
| 21 | Debt service coverage ratio | ||
| 22 | Interest service coverage ratio | 5.7700 | 5.7700 |
| 23 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above said financial results were reviewed by the Audit Committee and then by the Board of Directors at their respective Meetings held on 18th July,2026 2. The Statements is prepared in accordance with the requirement of Accounting Standards (AS) specified under section 133 of the Companies Act, 2013 read with rule 7 of the Companies (Accounts) Rules, 2014. 3. As per MCA Notification dated 16th February, 2015 Companies whose shares are listed on SME exchange as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulation, 2009, are exempted from the compulsory requirement of adoption of IND-AS. 4. All activities of the company revolve around the main business and as such there is no separate reportable business segment and all the operations of the company are conducted within India as such there is no separate reportable geographical segment 5. The company is having wholly owned subsidiary therefore, it has prepared standalone results as well as consolidated result. The Consolidated Financial Result Includes Financial statement of Subsidiary - Vitagreen Products Pvt. Ltd which was acquired as on 26th July 2024. 6. Earning Per share : Earning Per share is calculated on the weighted average of the share capital received by the company. EPS is not annualised. 7. Figures in brackets are representing negative values. 8. Previous year/Period figures have been re-grouped, re-arranged wherever considered necessary 9. The Statutory Auditors have carried out limited review of the standalone financial results of the Company for the quarter ended on June 30,2026 10. The Company has voluntarily adopted quarterly Standalone unaudited financial results for the quarter ended June 30, 2026 |
|---|
| 20 | Debt equity ratio | 1. The above said financial results were reviewed by the Audit Committee and then by the Board of Directors at their respective Meetings held on 18th July,2026 2. The Statements is prepared in accordance with the requirement of Accounting Standards (AS) specified under section 133 of the Companies Act, 2013 read with rule 7 of the Companies (Accounts) Rules, 2014. 3. As per MCA Notification dated 16th February, 2015 Companies whose shares are listed on SME exchange as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulation, 2009, are exempted from the compulsory requirement of adoption of IND-AS. 4. All activities of the company revolve around the main business and as such there is no separate reportable business segment and all the operations of the company are conducted within India as such there is no separate reportable geographical segment 5. The company is having wholly owned subsidiary therefore, it has prepared standalone results as well as consolidated result. The Consolidated Financial Result Includes Financial statement of Subsidiary - Vitagreen Products Pvt. Ltd which was acquired as on 26th July 2024. 6. Earning Per share : Earning Per share is calculated on the weighted average of the share capital received by the company. EPS is not annualised. 7. Figures in brackets are representing negative values. 8. Previous year/Period figures have been re-grouped, re-arranged wherever considered necessary 9. The Statutory Auditors have carried out limited review of the standalone financial results of the Company for the quarter ended on June 30,2026 10. The Company has voluntarily adopted quarterly Standalone unaudited financial results for the quarter ended June 30, 2026 |
|---|---|---|
| 21 | Debt service coverage ratio | |
| 22 | Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | |||||||
| Net Segment Asset | |||||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | |||||||
| Net Segment Liabilities | |||||||
| Disclosure of notes on segments | |||||||
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 13-06-2026 |
| Amount Raised | 1,214.96 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | NA |
| Comments of the Audit Committee after review | The proceeds from Preferential Issue of Fully Convertible Warrants were utilized for the objects for which it was raised. |
| Comments of the auditors, if any | NA |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | prepayment of borrowings of the Company, meeting future funding requirements, working capital, to make requisite investments in subsidiaries/associates/joint ventures; To meet Capital expenditure towards expansion of existing factory, and other general corporate purposes. | NA | 1,214.96 | 0.00 | 1,214.96 | 0.00 |
| Name of signatory | Mr. Rishit Dayalji Kotecha |
| Designation of person | Managing Director |
| Place | Jamnagar |
| Date | 18-07-2026 |