Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Madhusudan Masala Ltd

MADHUSUDAN.NS ✗ NOT COMPLIANT ☆ Track — members

NSE India · Consumer Non-Cyclicals · Food Processing ·

India Micro Cap Analyst: N/A

Last Close

$2.35

▼ -1.30%

Market Cap $37.93M · Vol 27.00K

Key Metrics

P/E Ratio

17.60

FWD: N/A

Market Cap

$37.93M

Micro Cap

Div Yield

N/A

EPS Growth

N/A

YoY

RSI (14)

37.73

Momentum

Beta

N/A

vs Market

52W High

$2.72

14.15% below

52W Low

$1.14

91.85% above

Volume

27.00K

Avg 45.53K

P/B

1.70

Price-to-book

ROE

N/A

Return on equity

Free Float

N/A

Public shares

Shariah Compliance8 STANDARDS

✗ Madhusudan Masala Ltd (MADHUSUDAN.NS) stock is currently not Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See which standards it fails, the exact ratios behind the verdict, and halal alternatives. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does MADHUSUDAN.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-0.42%

-6.48%

+31.58%

+66.19%

YTD

+70.67%

+62.69%

N/A

Financials & Valuation

TTM · Annual

Total Revenue	$31.21M
Net Income	$1.98M
Revenue Growth (YoY)	+32.10%
Gross Margin	15.95%
Operating Margin	10.45%
Net Profit Margin	6.34%
ROE	N/A
ROA · ROIC	12.49% · 12.61%

P/E Ratio	17.60
Forward P/E (FY1)	N/A
PEG Ratio	0.66
P/S	0.68
P/B	1.70
P/FCF	N/A
EPS Growth	N/A
Outstanding Shares	16.14M

Technical Indicators

50-Day SMA	$2.24
200-Day SMA	$1.65
RSI (14)	37.73
Beta	N/A
52-Week High	$2.72
52-Week Low	$1.14

Volume Today	27.00K
Avg Daily Volume (30D)	45.53K
Relative Volume	0.59x
Volatility (10D)	31.20
Volatility (30D)	38.82
Free Float	N/A

Analyst Consensus

N/A

Current Price $2.35

Mean Target N/A

52W Low$1.14 52W High$2.72

Current

Target

$1.14 $2.72

Current Analyst target

· 0 analysts

Identifiers

ExchangeNSE India

FIGIBBG01J9XLTN3

ISININE0P6701019

CountryIndia

Sub-IndustryFood Processing (NEC)

Earnings DateN/A

TypeStocks

Instrument TypeORD Ordinary Share

Similar Halal Stocks

NESN.S Nestle SA -0.07% MDLZ Mondelez International Inc +0.13% BN.PA Danone SA -1.09% ADM Archer-Daniels-Midland Co +0.37% HSY Hershey Co -1.02%

Company Profile

Madhusudan Masala Limited is an India-based company, which is engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand names of DOUBLE HATHI and MAHARAJA. The Company also sell products, such as whole spices, tea and other grocery products, which include rajgira flour, papad, soya products, asafetida (hing), achar masala (ready to make pickle powder), sanchar (black salt powder), sindhalu (rock salt powder), katlu powder (food supplement), kasuri methi (dry fenugreek), 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, and more.