Madhusudan Industries Ltd (515059)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Madhusudan Industries' revenue was ₹0.3 Cr (+5.1% year on year, -1.1% on the previous quarter), and net profit ₹3.2 Cr (+42.4% year on year); the operating margin was 30.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.3 | +5.1% | -1.1% |
| Operating profit | ₹0.1 | +13.0% | from loss |
| Net profit | ₹3.2 | +42.4% | from loss |
| EPS (₹) | 6.01 | +42.4% | from loss |
| Operating margin | 30.2% | — | — |
📢 Recent Corporate Announcements
Madhusudan Industries has scheduled its 80th Annual General Meeting (AGM) for September 9, 2026, to be conducted via video conferencing. The agenda includes the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Mr. Premchand Surana as a director. A special resolution is also proposed to re-appoint Mr. Daarrpan Shah as an Independent Director for a second five-year term ending December 2031. Given the company's micro-cap status with a TTM revenue of just ₹1 Cr, these are standard governance procedures.
- 80th Annual General Meeting scheduled for September 9, 2026, at 11:30 a.m. IST
- Special resolution proposed for re-appointment of Mr. Daarrpan Shah as Independent Director for a 5-year term until December 29, 2031
- Mr. Daarrpan Shah brings 19 years of expertise in Financial Management and Insurance
- Company maintains a small operational scale with TTM revenue of ₹1 Cr and a market cap of ₹18 Cr
Madhusudan Industries has released its Annual Report for FY 2025-26 and scheduled its 80th Annual General Meeting (AGM) for September 9, 2026. The company remains debt-free with no borrowings from banks or financial institutions. A key agenda item is the re-appointment of Mr. Daarrpan Shah as an Independent Director for a second five-year term. The company also quantified a negligible impact of Rs 0.08 Lakhs related to the New Labour Codes based on actuarial valuation.
- 80th Annual General Meeting scheduled for September 9, 2026, via video conferencing.
- Company reports zero borrowings from banks or financial institutions as of March 31, 2026.
- Incremental liability for New Labour Codes estimated at a minimal Rs 0.08 Lakhs.
- Proposed re-appointment of Mr. Daarrpan Shah as Independent Director for a 5-year term until December 29, 2031.
- TTM Revenue stands at a very small scale of Rs 1 Cr relative to the Rs 18 Cr market capitalization.
Madhusudan Industries reported a Total Income of ₹4.57 Cr for Q1 FY27, a significant increase from ₹1.40 Cr in Q1 FY26. This growth was almost entirely driven by 'Other Income' of ₹4.24 Cr, which includes gains from the fair valuation of investments. Core revenue from property leasing remained stable but small at ₹33.63 Lakhs. Consequently, Net Profit rose to ₹3.23 Cr, representing nearly 18% of the company's current market capitalization in a single quarter.
- Net Profit reached ₹3.23 Cr for Q1 FY27 compared to ₹2.27 Cr in Q1 FY26
- Other Income (investment gains) contributed ₹4.24 Cr, or 92.7% of total income
- Revenue from operations (leasing) grew 5.2% YoY to ₹33.63 Lakhs
- Earnings Per Share (EPS) for the quarter stood at ₹6.01
- 80th Annual General Meeting scheduled for September 9, 2026
Madhusudan Industries reported a significant turnaround in Q1 FY27 with a net profit of ₹3.22 Cr, compared to a loss of ₹0.42 Cr in the same quarter last year. The performance was primarily driven by 'Other Income' of ₹4.24 Cr, which includes fair valuation gains on investments, rather than core operations. Revenue from operations remained stagnant at ₹33.63 Lakhs, derived solely from property leasing. With a market cap of only ₹18 Cr, the quarterly profit represents a substantial ~18% of its total valuation, though the non-operational nature of these gains is a key consideration.
- Net Profit reached ₹322.36 Lakhs in Q1 FY27 vs a loss of ₹41.69 Lakhs in Q1 FY26
- Other Income surged to ₹423.71 Lakhs, accounting for 92.6% of total income
- Revenue from operations remained flat at ₹33.63 Lakhs YoY
- Total Comprehensive Income for the period stood at ₹322.36 Lakhs
- 80th Annual General Meeting scheduled for September 9, 2026
Madhusudan Industries has scheduled a board meeting for August 11, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of approximately ‡20 Cr and a very low TTM revenue base of ‡1 Cr. The trading window for insiders has been closed since July 1, 2026, as per SEBI regulations. Given the small scale of operations, quarterly results can show high percentage volatility even with minor absolute changes in numbers.
- Board meeting scheduled for August 11, 2026, to approve Q1 results
- Financial results pertain to the quarter ended June 30, 2026
- Trading window for insiders closed from July 1, 2026, until 48 hours post-announcement
- Company TTM revenue stands at a minimal ‡1 Cr as of the latest context
- Promoter holding remains stable at 56.08% as of June 2026
Financial Performance
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