About Madhur Industries Limited
Data last updated: 07 January 2026
Madhur Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in spice manufacturing and distribution, a part of the broader food and beverages sector. Incorporated on 03 April 1973, the company has been in operation for over 53 years.
Registered with ROC Ahmedabad under CIN L51909GJ1973PLC002252. Listed on BSE: 519279.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.09 Cr. It is led by directors including Bhavna Vijaykumar Mehta and Narendra Ishwarsinh Chavda.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Madhur Complex Stadium Cross Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.12 Cr, a growth of 0% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data.
The company is associated with 1 brand - Madhur Industries.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhur.co.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressMadhur Complex Stadium Cross Road Navrangpura, Ahmedabad, Gujarat, India – 380009
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IndustryFood and Beverages, Spice Manufacturing & Distribution, Instant & Ready-to-Eat Foods
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Madhur Industries Limited
Madhur Industries Limited has one previous CIN (Corporate Identification Number): U51909GJ1973PLC002252. The current CIN is L51909GJ1973PLC002252, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909GJ1973PLC002252 | Current |
| U51909GJ1973PLC002252 | Previous |
Associated Brands with Madhur Industries Limited
Madhur Industries Limited operates one associated brand: Madhur Industries. These brands represent Madhur Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Produces, sells, and exports food products | madhur.co |
Competitors & Alternatives of Madhur Industries Limited
Brands and companies operating in the same space as Madhur Industries Limited include Sweet Karam Coffee, Keventer, Godrej Agrovet and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Sweet Karam Coffee
|
Dry snacks and coffee are manufactured and distributed. | Chennai, India, India | 2015 |
Keventer
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Multi-category food and beverage products are provided by Keventer. | Kolkata, India, India | 1986 |
Godrej Agrovet
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Diversified crop protection solutions are provided to farmers. | Mumbai, India, India | 1992 |
RJ Corp
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Food and beverage products are branded, with diverse sectors engaged. | Gurugram, India, India | 1980 |
Open Secret
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Healthy snacks and beverages are provided via an online platform. | Mumbai, India, India | 2019 |
MTR Foods
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Authentic Indian food products are offered by MTR Foods. | Bengaluru, India, India | 1924 |
Danone
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Health-focused dairy and plant-based food products are offered. | Paris, France, France | 1919 |
Evolva
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Producer of natural and functional ingredients for food, beverage and healthcare products | Reinach, Switzerland, Switzerland | 2004 |
Suminter
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Organic produce is procured, processed, and exported internationally by Suminter. | Mumbai, India, India | 2004 |
Auditor Details of Madhur Industries Limited
Madhur Industries Limited is audited by S D P M & CO. (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S D P M & CO. (ICAI peer reviewed, certificate valid till 2028-02-29) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Madhur Industries Limited
Madhur Industries Limited is currently managed by 5 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Vijaykumar Mehta | Director | 30 Sep 2015 | 10 Years 9 Months | Current |
|
Narendra Ishwarsinh Chavda
Also directs:
Parikh Spice Products Pvt Ltd, Madhur Super Market Pvt Ltd, Gujarat Kirana Pvt Ltd and 2 more
|
Additional Director | 31 Mar 2022 | 4 Years 3 Months | Current |
|
Keval Rajeshbhai Parikh
Also directs:
Parikh Spice Products Pvt Ltd, Madhur Super Market Pvt Ltd, Gujarat Kirana Pvt Ltd and 2 more
|
Director | 05 Sep 2024 | 1 Years 10 Months | Current |
|
Shalin Vinitbhai Parikh
Also directs:
Gujarat Home Products Pvt Ltd
|
Cfo | 15 Dec 2018 | 7 Years 6 Months | Current |
Financials of Madhur Industries Limited FY 2026 filings available
Madhur Industries Limited reported revenue of ₹- (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹37.58 Lakh | ₹91.71 Lakh | ₹99.8 Lakh | ₹3.2 Cr |
| Other Income | ₹19.09 Lakh | ₹6.12 Cr | ₹0 | ₹0 | ₹0 | ₹41,000 | ₹11,000 | ₹1.44 Lakh |
| Total Income | ₹19.09 Lakh | ₹6.12 Cr | ₹0 | ₹0 | ₹37.58 Lakh | ₹92.12 Lakh | ₹99.91 Lakh | ₹3.22 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹4.6 Lakh | ₹34.93 Lakh | ₹41.63 Lakh | ₹2.37 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹4.58 Lakh | ₹0 | ₹20.89 Lakh | ₹38.11 Lakh | ₹29.73 Lakh | ₹18.79 Lakh | ₹7.17 Lakh |
| Employee Benefit Expense | ₹1.81 Lakh | ₹2.56 Lakh | ₹1.81 Lakh | ₹1.8 Lakh | ₹1.84 Lakh | ₹1.77 Lakh | ₹8.64 Lakh | ₹29.95 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹2,000 | ₹0 | ₹2,000 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹6.71 Lakh | ₹9.71 Lakh | ₹10.59 Lakh | ₹11.26 Lakh | ₹12.24 Lakh | ₹12.12 Lakh |
| Other Expenses | ₹35.23 Lakh | ₹6.4 Cr | ₹23.48 Lakh | ₹15.95 Lakh | ₹13.8 Lakh | ₹14.29 Lakh | ₹18.24 Lakh | ₹33.57 Lakh |
| Total Expenses | ₹37.04 Lakh | ₹6.48 Cr | ₹32 Lakh | ₹48.35 Lakh | ₹68.94 Lakh | ₹92 Lakh | ₹99.54 Lakh | ₹3.2 Cr |
| Profit Before Exceptional Items & Tax | -₹17.95 Lakh | -₹35.13 Lakh | -₹32 Lakh | -₹48.35 Lakh | -₹31.36 Lakh | ₹12,000 | ₹37,000 | ₹1.42 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹89,000 |
| Profit Before Tax | -₹17.95 Lakh | -₹35.13 Lakh | -₹32 Lakh | -₹48.35 Lakh | -₹31.36 Lakh | ₹12,000 | ₹37,000 | ₹53,000 |
| Total Tax Expense | ₹9.02 Lakh | ₹51.19 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹11,000 | ₹0 |
| Net Profit | -₹26.97 Lakh | -₹86.32 Lakh | -₹32 Lakh | -₹48.35 Lakh | -₹31.36 Lakh | ₹12,000 | ₹26,000 | ₹53,000 |
| Other Comprehensive Income | ₹1.2 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹25.77 Lakh | -₹86.32 Lakh | -₹32 Lakh | -₹48.35 Lakh | -₹31.36 Lakh | ₹12,000 | ₹26,000 | ₹53,000 |
| EBITDA (computed) | -₹17.95 Lakh | -₹35.13 Lakh | -₹25.29 Lakh | -₹38.64 Lakh | -₹20.77 Lakh | ₹11.4 Lakh | ₹12.61 Lakh | ₹13.56 Lakh |
| Basic EPS | ₹-0.66 | ₹-0.21 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.01 |
| Diluted EPS | ₹-0.66 | ₹-0.21 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.01 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹3.94 Cr | ₹4.73 Cr | ₹7.66 Cr | ₹6.66 Cr | ₹7 Cr | ₹7.14 Cr | ₹7.24 Cr | ₹7.06 Cr |
| Non-current Assets | ₹69.79 Lakh | ₹68.79 Lakh | ₹1.76 Cr | ₹1.81 Cr | ₹1.9 Cr | ₹1.93 Cr | ₹2.02 Cr | ₹2.06 Cr |
| Current Assets | ₹3.24 Cr | ₹4.04 Cr | ₹5.9 Cr | ₹4.85 Cr | ₹5.1 Cr | ₹5.21 Cr | ₹5.22 Cr | ₹5 Cr |
| Property, Plant & Equipment | ₹0 | ₹0 | ₹49.73 Lakh | ₹55.29 Lakh | ₹64.98 Lakh | ₹70.71 Lakh | ₹80.89 Lakh | ₹92.87 Lakh |
| Inventories | ₹0 | ₹0 | ₹4.58 Lakh | ₹4.58 Lakh | ₹25.46 Lakh | ₹63.57 Lakh | ₹93.29 Lakh | ₹1.12 Cr |
| Trade Receivables | ₹0 | ₹0 | ₹3.86 Cr | ₹3.86 Cr | ₹3.91 Cr | ₹3.59 Cr | ₹3.37 Cr | ₹2.96 Cr |
| Cash & Equivalents | ₹31.6 Lakh | ₹96.57 Lakh | ₹1.4 Cr | ₹36.8 Lakh | ₹36.66 Lakh | ₹41.83 Lakh | ₹37.05 Lakh | ₹37.8 Lakh |
| Equity (Net Worth) | ₹3.85 Cr | ₹4.11 Cr | ₹4.97 Cr | ₹5.29 Cr | ₹5.78 Cr | ₹6.09 Cr | ₹6.09 Cr | ₹6.09 Cr |
| Equity Share Capital | ₹4.09 Cr | ₹4.09 Cr | ₹4.09 Cr | ₹4.09 Cr | ₹4.09 Cr | ₹4.09 Cr | ₹4.09 Cr | ₹4.09 Cr |
| Borrowings (Non-current) | ₹1.14 Lakh | ₹1.14 Lakh | ₹1.24 Lakh | ₹19.56 Lakh | ₹4.26 Lakh | ₹10.25 Lakh | ₹10.25 Lakh | ₹6.05 Lakh |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹1.14 Lakh | ₹1.14 Lakh | ₹1.24 Lakh | ₹19.56 Lakh | ₹4.26 Lakh | ₹10.25 Lakh | ₹10.25 Lakh | ₹6.05 Lakh |
| Current Liabilities | ₹7.08 Lakh | ₹61.01 Lakh | ₹2.67 Cr | ₹1.17 Cr | ₹1.17 Cr | ₹94.01 Lakh | ₹1.05 Cr | ₹91.34 Lakh |
| Total Liabilities | ₹8.63 Lakh | ₹62.15 Lakh | ₹2.69 Cr | ₹1.37 Cr | ₹1.22 Cr | ₹1.05 Cr | ₹1.16 Cr | ₹97.93 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹52.66 Lakh | -₹3.54 Cr | ₹1.23 Cr | -₹13.66 Lakh | ₹81,000 |
| Investing Cash Flow | -₹33.03 Lakh | ₹5.58 Cr | -₹1.15 Lakh | -₹2,000 | ₹0 |
| Financing Cash Flow | ₹0 | ₹0 | -₹18.69 Lakh | ₹13.83 Lakh | -₹6 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹1.15 Lakh | ₹2,000 | ₹0 |
| Free Cash Flow (computed) | -₹52.66 Lakh | -₹3.54 Cr | ₹1.22 Cr | -₹13.68 Lakh | ₹81,000 |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹85.69 Lakh | ₹2.05 Cr | ₹1.03 Cr | ₹14,800 | -₹5.19 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹6.92 Lakh | ₹3.88 Lakh | ₹4.93 Lakh | ₹3.35 Lakh | ₹11.27 Lakh | ₹6.14 Lakh | ₹5.93 Cr | ₹2.36 Lakh |
| Total Income | ₹6.92 Lakh | ₹3.88 Lakh | ₹4.93 Lakh | ₹3.35 Lakh | ₹11.27 Lakh | ₹6.14 Lakh | ₹5.93 Cr | ₹2.36 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹4.58 Lakh | ₹0 |
| Employee Benefit Expense | ₹45,000 | ₹45,000 | ₹45,000 | ₹45,000 | ₹1.2 Lakh | ₹45,000 | ₹45,000 | ₹45,000 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹8.44 Lakh | ₹8.94 Lakh | ₹12.4 Lakh | ₹5.43 Lakh | ₹37.11 Lakh | ₹11.03 Lakh | ₹5.79 Cr | ₹13.6 Lakh |
| Total Expenses | ₹8.89 Lakh | ₹9.39 Lakh | ₹12.85 Lakh | ₹5.88 Lakh | ₹38.31 Lakh | ₹11.48 Lakh | ₹5.84 Cr | ₹14.05 Lakh |
| Profit Before Exceptional Items & Tax | -₹1.97 Lakh | -₹5.51 Lakh | -₹7.92 Lakh | -₹2.53 Lakh | -₹27.04 Lakh | -₹5.34 Lakh | ₹8.93 Lakh | -₹11.69 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹1.97 Lakh | -₹5.51 Lakh | -₹7.92 Lakh | -₹2.53 Lakh | -₹27.04 Lakh | -₹5.34 Lakh | ₹8.93 Lakh | -₹11.69 Lakh |
| Total Tax Expense | ₹0 | ₹9.03 Lakh | ₹0 | ₹0 | -₹31,000 | ₹0 | ₹51.5 Lakh | ₹0 |
| Net Profit | -₹1.97 Lakh | -₹14.54 Lakh | -₹7.92 Lakh | -₹2.53 Lakh | -₹26.73 Lakh | -₹5.34 Lakh | -₹42.57 Lakh | -₹11.69 Lakh |
| Other Comprehensive Income | ₹11,000 | ₹1.1 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.86 Lakh | -₹13.44 Lakh | -₹7.92 Lakh | -₹2.53 Lakh | -₹26.73 Lakh | -₹5.34 Lakh | -₹42.57 Lakh | -₹11.69 Lakh |
| EBITDA (computed) | -₹1.97 Lakh | -₹5.51 Lakh | -₹7.92 Lakh | -₹2.53 Lakh | -₹27.04 Lakh | -₹5.34 Lakh | ₹8.93 Lakh | -₹11.69 Lakh |
| Basic EPS | ₹-0.05 | ₹-0.36 | ₹-0.19 | ₹-0.06 | ₹-0.07 | ₹0.00 | ₹0.00 | ₹0.00 |
| Diluted EPS | ₹-0.05 | ₹-0.36 | ₹-0.19 | ₹-0.06 | ₹-0.07 | ₹0.00 | ₹0.00 | ₹0.00 |
Shareholding Pattern of Madhur Industries Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 34.36%, domestic institutional investors hold 0.11%, retail and other public shareholders hold 65.53% of Madhur Industries Limited. The company had 3,658 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 34.36% | 34.36% | 34.36% | 34.36% | 34.36% | 34.36% |
| Public | 65.64% | 65.64% | 65.64% | 65.64% | 65.64% | 65.64% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 34.36% | 34.36% | 34.36% |
| Public | 65.64% | 65.64% | 65.64% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings Madhur Industries Limited
Madhur Industries Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Madhur Industries Limited
Madhur Industries Limited has a workforce of 1 employees as of Apr 08, 2024.
Employee Count & EPFO Data of Madhur Industries Limited
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GST Compliance of Madhur Industries Limited
GSTIN & GST Filing Data of Madhur Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Madhur Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Madhur Industries Limited
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MSME Payment Delays by Madhur Industries Limited
MSME Payment Delays by Madhur Industries Limited
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Subsidiaries & Group Companies of Madhur Industries Limited
Subsidiaries & Group Companies of Madhur Industries Limited
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MCA Filings & Documents of Madhur Industries Limited
MCA Filings & Documents of Madhur Industries Limited
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Recent Activity on Madhur Industries Limited
Frequently Asked Questions about Madhur Industries Limited
Madhur Industries Limited is an active public limited company in the food and beverages sector based in Ahmedabad, Gujarat, India. It was incorporated on 03 April 1973 (53+ years old) and is registered under CIN L51909GJ1973PLC002252. Listed on BSE: 519279. The company has 1 employees.
Madhur Industries Limited reported revenue of ₹6.12 Cr for FY 2025 (up 0.00% YoY).
The current directors of Madhur Industries Limited are:
- Bhavna Vijaykumar Mehta
- Punam Kumari Jain
- Shalin Vinitbhai Parikh
- Narendra Ishwarsinh Chavda
- Keval Rajeshbhai Parikh
The primary industry of Madhur Industries Limited is food and beverages. The company specifically operates in spice manufacturing and distribution. The company is currently active in this sector.
Yes. Madhur Industries Limited is listed on BSE with code 519279.
Madhur Industries Limited can be reached at the registered office: Madhur Complex Stadium Cross Road Navrangpura, Ahmedabad, Gujarat, India – 380009, or through the website madhur.co.