Madhusudan Masala Limited (MADHUSUDAN) Price & Analysis

Madhusudan Masala Ltd. is an India-based company primarily engaged in the manufacturing and processing of a variety of spices and food products. The company offers over 32 types of spices, including ground spices such as chili, turmeric, coriander, and cumin powders, and blended spices like garam masala, tea masala, chole masala, pav bhaji masala, and sambar powder. In addition to spices, it also sells whole spices, tea, and other grocery items such as Rajgira flour, papad, soya products, asafoetida (Hing), achar masala, black salt powder (sanchar), rock salt powder (sindhalu), katlu powder, and kasuri methi. The company markets its products under the brand names 'DOUBLE HATHI' and 'MAHARAJA' and also trades in unbranded whole spices and food grains. Its operations are centered around a manufacturing facility in Jamnagar, Gujarat, and it maintains a distribution network of over 2100 wholesalers and more than 3700 retailers. Madhusudan Masala Ltd. operates within the consumer food industry, primarily targeting the Indian market, serving both domestic consumers and industrial clients. It has a significant regional presence in Gujarat and is expanding into other Indian states like Maharashtra, Punjab, Jammu & Kashmir, Uttar Pradesh, and Rajasthan. Through its subsidiary, Vitagreen Products Private Limited, the company also has an international presence, exporting to countries including Kuwait, Uganda, Zambia, Indonesia, Australia, South African countries, and the Middle East & United Kingdom.