Madhusudan Masala shareholders and shareholding pattern
NSE: MADHUSUDANFood Products
Madhusudan Masala Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 2023 · Issue price ₹70
Last close ₹246.90up ₹1.90 (0.78%)
Share price at the NSE close on 28 Oct 2026. Previous close ₹245.00.
28 Oct: open ₹245.00, high ₹248.00, low ₹241.30
52-week range of traded prices to 28 Oct 2026
₹108.60Low, 17 Nov 2025₹285.00High, 19 Oct 2026
- Next results date: the board meets on 30 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹398 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 19.12
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 19.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.68
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 8,00087.5% delivered
Madhusudan Masala's shareholding pattern for Sep 2026, filed on 15 Oct 2026, with every filing from Sep 2023: who owns its shares by group, its promoters by name and its public holders of 1% or more.
Who owns Madhusudan Masala, filing by filing
Per cent of the company's shares.
Sep 2026 filing
- Promoters70.44%
- Foreign institutions0.68%
- Indian institutions0.86%
- Individuals and others28.02%
Shareholding pattern, per cent
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| 73.64% | 73.69% | 66.93% | 68.09% | 68.09% | 69.53% | 70.44% | |
| Indian promoters | 73.64% | 73.69% | 66.93% | 68.09% | 68.09% | 69.53% | 70.44% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 26.36% | 26.31% | 33.07% | 31.91% | 31.91% | 30.47% | 29.56% |
| Shares in issue | 1,29,00,000 | 1,29,00,000 | 1,43,90,000 | 1,44,70,000 | 1,44,70,000 | 1,52,40,000 | 1,61,35,000 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. Shares locked in in the glossary | 95,00,000 | 95,06,000 | 86,62,000 | 87,42,000 | 26,80,000 | 26,80,000 | 43,45,000 |
| Promoters' shares locked in | 95,00,000 | 95,06,000 | 71,72,000 | 72,52,000 | 26,80,000 | 26,80,000 | 41,98,000 |
A dash is a line the filing did not state.
Madhusudan Masala promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is RISHIT DAYALAJI KOTECHA, 19.31%. The filing names 62 more members with no shares.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| RISHIT DAYALAJI KOTECHAIndividuals and Hindu undivided families | 19.31% | 31,16,000 | 25.67% |
| HIREN KOTECHAIndividuals and Hindu undivided families | 19.11% | 30,84,000 | 25.88% |
| VIJAYKUMAR VANRAVAN KOTECHAIndividuals and Hindu undivided families | 9.92% | 16,00,000 | 81.25% |
| DAYALJI VANRAVAN KOTECHAIndividuals and Hindu undivided families | 9.92% | 16,00,000 | 81.25% |
| MAYURI HIREN KOTECHAIndividuals and Hindu undivided families | 5.30% | 8,55,000 | 0.00% |
| FORAM RISHIT KOTECHAIndividuals and Hindu undivided families | 5.30% | 8,55,000 | 0.00% |
| Madhusudan Auto-Biz Private LimitedIndian companies, trusts and others | 1.57% | 2,54,000 | 0.00% |
| Anilbhai Parsotam RaichuraIndividuals and Hindu undivided families | 0.01% | 2,000 | 0.00% |
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Madhusudan Masala, filing by filing
Per cent, on the same shares as the split above.
| Holder | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| PARESH N BHAGATResident individuals, over ₹2 lakh at face value | – | – | 3.13% | 3.11% | 2.97% | 2.81% | 2.64% |
| COMPACT STRUCTURE FUNDAlternative investment funds | – | – | 4.10% | 4.08% | 4.08% | 3.87% | – |
| ARUNA R JAINResident individuals, over ₹2 lakh at face value | – | 1.44% | – | – | – | – | – |
| MERU INVESTMENT FUND PCC-CELL 1Foreign portfolio investors, category I | 1.91% | – | – | – | – | – | – |
| RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITEDNon-bank lenders registered with RBI | 1.33% | – | – | – | – | – | – |
| HEM FINLEASE PRIVATE LIMITEDOther non-institutions | 1.32% | – | – | – | – | – | – |
| FINAVENUE CAPITAL TRUST - FINAVENUE GROWTH FUNDAlternative investment funds | 1.29% | – | – | – | – | – | – |
| NEXT ORBIT VENTURES FUNDOther financial institutions | 1.18% | – | – | – | – | – | – |
| NAV CAPITAL VCC - NAV CAPITAL EMERGING STAR FUNDForeign portfolio investors, category I | 1.16% | – | – | – | – | – | – |
| KNIGHTSTONE CAPITAL LLPAlternative investment funds | 1.12% | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.
Who moved in the Sep 2026 filing
Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.
- Indian institutions: COMPACT STRUCTURE FUND no longer named, from 3.66%
- Individuals and others: PARESH N BHAGAT 2.64%, −0.02 pts