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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹3 Cr.
Stock P/E
-9
P/B
0.8
Current Price
₹7.7
Book Value
₹ 9.4
Face Value
10
52W High
₹8.2
52W Low
₹ 4.4
Dividend Yield
0%

Madhur Industries Overview

1. Business Overview

Madhur Industries Ltd. operates in the Consumer Food sector in India. The company is primarily engaged in the manufacturing, processing, and marketing of food products. Its core business model involves sourcing raw materials, processing them into packaged food items, and distributing these products through various retail channels to end consumers. The company generates revenue through the sale of its branded food products in the domestic market.

2. Key Segments / Revenue Mix

Given the limited information, Madhur Industries Ltd. operates predominantly within the Consumer Food segment. Specific sub-segments or detailed revenue contribution breakdowns are not available. However, typical product categories for companies in this industry might include staples (e.g., flour, sugar, pulses), spices, ready-to-cook mixes, snacks, or other packaged food items.

3. Industry & Positioning

The Indian Consumer Food industry is large, dynamic, and highly competitive, characterized by the presence of numerous national, regional, and unorganized players. Factors like diverse regional tastes, price sensitivity, and evolving preferences (e.g., health consciousness, convenience) drive competition. Madhur Industries Ltd. likely operates amidst both established giants and smaller regional players. Its positioning would depend on its specific product portfolio, brand strength, and distribution reach, potentially occupying a niche market, a regional leadership position, or competing as a challenger brand.

4. Competitive Advantage (Moat)

Without specific details, potential competitive advantages for Madhur Industries could include:

Brand Recognition: A strong and trusted brand name in its specific product categories or regions could foster customer loyalty.

Distribution Network: An efficient and extensive distribution network, especially in rural or semi-urban areas, can be a significant advantage in India.

Cost Efficiency: Scale in sourcing raw materials or efficient manufacturing processes could lead to a cost advantage, allowing for competitive pricing.

Product Quality/Taste: Consistency in product quality and a strong alignment with local taste preferences can build repeat business.

However, these are potential advantages that would need to be sustained and defended against a multitude of competitors.

5. Growth Drivers

Key factors that can drive Madhur Industries' growth over the next 3-5 years include:

Rising Disposable Incomes: Increasing affluence among Indian consumers leads to higher spending on packaged and processed foods.

Urbanization and Lifestyle Changes: Growing urban populations and busier lifestyles boost demand for convenient and ready-to-eat food options.

Distribution Expansion: Expanding reach into new geographical markets (both urban and rural) and strengthening existing distribution channels.

Product Portfolio Diversification: Introducing new products, catering to emerging trends (e.g., health foods, organic), or expanding into adjacent categories.

Brand Building and Marketing: Effective marketing campaigns to enhance brand visibility and consumer recall.

E-commerce Penetration: Leveraging online retail platforms to reach a wider customer base.

6. Risks

Raw Material Price Volatility: Fluctuations in agricultural commodity prices (grains, sugar, spices, etc.) can directly impact cost of goods sold and profit margins.

Intense Competition: The presence of numerous domestic and multinational players can lead to pricing pressures and market share erosion.

Changes in Consumer Preferences: Rapid shifts in dietary trends, health consciousness, or taste preferences can render existing products less desirable.

Supply Chain Disruptions: Issues in sourcing, processing, or distribution (e.g., adverse weather, logistics challenges) can impact operations.

Regulatory Environment: Strict food safety standards (e.g., FSSAI), labeling requirements, and environmental regulations can increase compliance costs.

Brand Reputation Risk: Product recalls or quality issues can severely damage brand trust and sales.

7. Management & Ownership

Madhur Industries Ltd. is likely controlled by a promoter group, a common structure in India, indicating significant family ownership and involvement in the company's strategic direction. The quality of management would depend on their experience in the food industry, their ability to navigate competitive landscapes, manage supply chains, innovate products, and execute growth strategies effectively.

8. Outlook

Madhur Industries Ltd. operates in a promising sector driven by India's demographic advantages and evolving consumption patterns. The company stands to benefit from increasing disposable incomes, urbanization, and a growing preference for packaged and branded food products. However, the outlook is balanced by significant challenges including intense competition, volatility in raw material prices, and the need for continuous innovation and strong brand building. Success will hinge on the company's ability to maintain cost efficiency, expand its distribution footprint, adapt its product portfolio to changing consumer tastes, and effectively manage its supply chain amidst a dynamic and competitive market environment.

Madhur Industries Share Price

Live · BSE / NSE · Inception: 1973
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Volume
Price

Madhur Industries Quarterly Price

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Madhur Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 6 0 0 0 0 0
Total Income 0 0 0 0 6 0 0 0 0 0
Total Expenditure 0 0 0 0 6 0 0 0 0 0
Operating Profit -0 -0 -0 -0 0 -0 -0 -0 -0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 0 -0 -0 -0 -0 -0
Provision for Tax 0 0 0 0 1 0 -0 0 0 0
Profit After Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Adjusted Earnings Per Share -0 -0.2 -0.4 -0.3 -1 -0.1 -0.7 -0.1 -0.2 -0.4

Madhur Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 11 11 7 6 3 1 1 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0 6 0
Total Income 11 11 7 6 3 1 1 0 0 0 6 0
Total Expenditure 11 11 7 6 3 1 1 1 0 0 6 0
Operating Profit 0 0 0 0 0 0 0 -0 -0 -0 -0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -0 0 0 0 -0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 -0 -0 -0 -0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 -0 -0 -0 -0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 -0 -0 -0 -0 0
Adjusted Earnings Per Share 0 0 0.1 0.3 0 0 0 -0.8 -1.2 -0.8 -0.9 -1.4

Madhur Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 6 6 6 6 6 6 6 6 5 5 4
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 2 1 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 1 1 1 1 1 1 1 1 1 3 1
Total Liabilities 8 9 8 7 7 7 7 7 7 8 5
Fixed Assets 1 1 1 1 1 1 1 1 1 0 0
Other Non-Current Assets 1 1 1 1 1 1 1 1 1 1 1
Total Current Assets 5 7 6 5 5 5 5 5 5 6 4
Total Assets 8 9 8 7 7 7 7 7 7 8 5

Madhur Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 -0 -0 0 0 1
Cash Flow from Operating Activities 0 -1 1 1 -0 -0 0 0 -0 1 -4
Cash Flow from Investing Activities -0 -0 -0 -0 -0 0 0 -0 -0 -0 6
Cash Flow from Financing Activities 0 1 -1 -1 0 0 0 -0 0 -0 0
Net Cash Inflow / Outflow 0 -0 0 0 -0 -0 0 -0 0 1 2
Closing Cash & Cash Equivalent 0 0 0 0 0 0 -0 -0 0 1 3

Madhur Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.03 0.03 0.09 0.26 0.01 0.01 0 -0.77 -1.18 -0.78 -0.86
CEPS(Rs) 0.48 0.43 0.46 0.58 0.31 0.31 0.28 -0.51 -0.94 -0.62 -0.86
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 15.52 15.55 14.6 14.87 14.88 14.88 14.89 14.12 12.94 12.16 10.05
Core EBITDA Margin(%) 1.16 1.42 1.83 -0.48 3.78 12.53 11.99 -55.28 0 0 0
EBIT Margin(%) 0.23 0.25 0.91 2.36 0.17 0.38 0.15 -83.46 0 0 0
Pre Tax Margin(%) 0.14 0.13 0.55 2.33 0.16 0.37 0.13 -83.46 0 0 0
PAT Margin (%) 0.1 0.1 0.52 1.89 0.16 0.26 0.13 -83.46 0 0 0
Cash Profit Margin (%) 1.82 1.61 2.65 4.13 3.95 12.52 12.41 -55.28 0 0 0
ROA(%) 0.15 0.13 0.43 1.44 0.07 0.04 0.02 -4.44 -7.08 -4.47 -5.67
ROE(%) 0.18 0.18 0.6 1.79 0.09 0.04 0.02 -5.29 -8.74 -6.24 -7.74
ROCE(%) 0.37 0.37 0.86 2.06 0.09 0.06 0.02 -5.22 -8.55 -6.11 -7.59
Receivable days 89.5 117.02 191.83 193.54 318.22 1159.01 1384.69 3638.25 0 0 0
Inventory Days 44.63 53.18 80.81 79.68 131.82 375.57 312.14 432.39 0 0 0
Payable days 12.85 19.15 26.76 22.88 39.79 192.24 222.93 432.03 1091.07 0 8871.22
PER(x) 553.64 385.82 126.11 44.77 534.88 403.17 1689.29 0 0 0 0
Price/Book(x) 0.98 0.69 0.78 0.79 0.46 0.17 0.32 0 0.35 0.35 0.7
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.57 0.52 0.73 0.77 0.77 0.75 1.74 9.96 0 0 0
EV/Core EBITDA(x) 28.75 29.65 23.97 16.77 18.2 5.91 13.97 -18.01 -4.31 -1.21 1.7
Net Sales Growth(%) 7.56 2.81 -35.32 -19.98 -43.9 -68.84 -8.1 -59.03 -100 0 0
EBIT Growth(%) -73.09 13.15 133.25 107.82 -96 -29.7 -63.38 0 -54.17 33.81 -8.02
PAT Growth(%) -86.34 0.54 225.9 192.5 -95.12 -50.77 -55.54 0 -54.17 33.81 -9.79
EPS Growth(%) -86.34 0.54 226.04 192.33 -95.12 -50.95 -55.56 0 -54.17 33.81 -9.78
Debt/Equity(x) 0.07 0.28 0.17 0 0.01 0.02 0.02 0.01 0.04 0 0
Current Ratio(x) 4.3 6.04 5.81 5.23 5.48 4.98 5.54 4.35 4.14 2.21 5.97
Quick Ratio(x) 3.19 4.38 4.46 3.98 4.25 4.09 4.86 4.13 4.1 2.19 5.97
Interest Cover(x) 2.44 2.02 2.56 81.59 37.92 58.44 5.81 0 0 0 -61.14
Total Debt/Mcap(x) 0.07 0.41 0.21 0 0.02 0.1 0.05 0 0.11 0.01 0

Madhur Industries Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 34.36 %
FII 0 %
DII (MF + Insurance) 0.11 %
Public (retail) 65.64 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 34.3634.3634.3634.3634.3634.3634.3634.3634.3634.36
FII 0000000000
DII 0.110.110.110.110.110.110.110.110.110.11
Public 65.6465.6465.6465.6465.6465.6465.6465.6465.6465.64
Others 0000000000
Total 100100100100100100100100100100

Madhur Industries Peer Comparison

Consumer Food Edit Columns

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -100% -100%
Operating Profit CAGR
PAT CAGR
Share Price CAGR +51% +28% +15% -8%
ROE Average -8% -8% -6% -2%
ROCE Average -8% -7% -5% -2%

News & Updates

See more…

Madhur Industries Pros & Cons

Pros

  • Stock is trading at 0.8 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 34.36%.
  • Company has a low return on equity of -8% over the last 3 years.
  • Debtor days have increased from 0 to 8871.22days.
  • Earnings include an other income of Rs. 6 Cr.
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