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Madhusudan Securities Limited

Madhusudan Securities Limited

BBSE:MADHUSE
15.50
INR
-0.50
(-3.12%)
1.33EPS
10.27P/E
385.55MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.11
1.2
1.39
2.91
- -
- -
- -
0.05
0.01
- -
- -
- -
0.51
0.68
Basic EPS, GAAP
-0.09
-0.42
-0.65
-0.57
-0.56
-0.41
-0.69
-0.25
-0.1
-0.16
0.14
-0.74
1.31
1.75
Free Cash Flow per Basic Share
-0.04
-0.17
-0.58
-0.12
-0.14
0.09
-0.15
0.99
-0.04
-0.07
11.41
-7.82
-5.62
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
62.97
69.69
69.04
68.48
67.92
67.51
66.82
66.54
61.82
61.8
180.03
73.5
35.66
35.66
Tangible Book Value per Share
62.97
69.69
69.04
68.48
67.92
67.51
66.82
66.54
61.82
61.8
180.03
73.5
35.66
35.66
Basic Weighted Avg Shares
9
3
3
3
3
3
3
3
9
9
9
11
21
16
Sales/Revenue/Turnover
1
3
4
7
- -
- -
- -
- -
- -
- -
- -
- -
11
11
Operating Margin (%)
-83.47
-28.73
-41.07
-19.84
-50,001.6
-22,635.98
-44,001.95
-884.22
-2,011.9
-31,851.74
-60,360
- -
300.01
300.01
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16
16
Net Income, GAAP
-1
-1
-2
-1
-2
-1
-2
-1
-1
-1
1
-8
28
28
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
17.15
- -
23.81
22.81
Profit Margin (%)
-83.47
-35.2
-46.66
-19.55
-45,962.62
-22,658.98
-44,024.07
-476.09
-1,746.66
-24,988.62
24,160
- -
258.05
258.1
Working Capital
-1
-2
-7
-9
-10
-11
-13
-15
-16
-17
-114
-19
112
112
LT Debt
4
4
6
3
- -
- -
- -
- -
- -
- -
- -
- -
1
1
Total Equity
548
178
176
175
173
172
171
170
538
537
1,565
815
783
783
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.24
- -
3.11
3.15
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.12
- -
4.36
4.36
Return on Common Equity (%)
-0.14
-0.3
-0.94
-0.83
-0.87
-0.63
-1.03
-0.38
-0.27
-0.25
0.11
-0.69
3.56
3.56

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
17
21
Market Capitalization
335
433
386

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
57
- -
125
Cash, Cash Equivalents & STI
54
- -
108
Accounts Receivable, Net
- -
- -
12
Inventories
- -
- -
- -
Total Current Liabilities
36
- -
13
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.22%
71.17%
-4.01%
Free Cash Flow
-1,778.38%
-3,309.55%
38%
Net Income, GAAP
-136.03%
-264.53%
-440.69%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
11
11

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.06
0.02
0.25
0.14
2025
-0.43
-0.13
-0.16
-0.12
-0.74
2026
-0.22
-0.17
2.19
-0.17
1.31

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Salim Pyarali Govani
Full Time Employees
- -
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
2-B, Naaz Building Mumbai MA India 400016
IPO Date
Oct 20, 2009
Website
mslsecurities.com
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Business
Madhusudan Securities Limited (BSE: MADHUSE.BO), formerly known as Madhusudan Investments Ltd., operates as a BSE-listed public company primarily engaged in trading goods and merchandise, including garments, fabrics and accessories; it also conducts investment activities such as buying and selling corporate securities, bonds and debt instruments. Incorporated on May 6, 1983 and headquartered at Johnson & Johnson Building, S. B. Road, Mahim (West), Mumbai, India, the company targets domestic markets in India with a focus on trading and investment opportunities. In July 2025, the company changed its name to MSL Global Limited, reflecting a strategic rebranding amid its ongoing operations in trading and investments. The company maintains a portfolio of investments and engages in capital gains from sales, while allocating resources to productive assets like plant and machinery, as well as cash, short-term investments, inventory and receivables. Recently, Madhusudan Securities received INR 139.5 million in funding from a group of investors in November 2024 and obtained approval to acquire a 51% stake in Compliance Kart, expanding its business scope into compliance services. These developments, including the name change and acquisition pursuits, signal major strategic shifts toward diversification beyond core trading activities within the last year. The firm reports no debt and operates without significant subsidiaries or parent relationships, positioning it as an independent player in India's trading and financial services sectors.