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  7. Madhusudan Securities Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Madhusudan Securities Ltd Stock Price Today (NSE: MADHUSE)

Madhusudan Securities Ltd

MADHUSENon Banking Financial Company (NBFC)
₹19.23₹2.27 (10.56%)↓
As on 16 Apr 2026, 11:00 am ISTMarket Closed

Fundamental Score

...

Madhusudan Securities Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Madhusudan Securities Ltd share price today is ₹19.23, down 10.56% on NSE/BSE as of 16 April 2026. Madhusudan Securities Ltd (MADHUSE) is a Small-cap company in the Non Banking Financial Company (NBFC) sector with a market capitalisation of ₹37.72 (Cr). The 52-week high for MADHUSE share price is ₹29.90 and the 52-week low is ₹17.60. The company has a Return on Equity (ROE) of -0.70% and a debt-to-equity ratio of 0.00.

Madhusudan Securities Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-10.56%

AI Research Briefing

Powered by Gemini · 2026-04-09

Madhusudan Securities is a micro-cap NBFC speculation, trading on hope with brutal liquidity risk.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEConsolidation - 1M: 3.56%, 3M: 31.54%, 6M: 12.22%Expensive - P/E Nonex vs Industry P/E of 22.03x

⚡ WHAT'S HAPPENING NOW (last 2-4 weeks): Madhusudan Securities' promoter group, led by Salim Pyarali Govani, acquired 36,386 equity shares (0.17% of paid-up capital) via open market on March 27, 2026, increasing their total holding to 16.25%. The stock is down 18.07% year-on-year. 🧠 CORE STORY (THE REAL GAME): This is a micro-cap NBFC trading on hope, not current earnings. The market is likely pricing in a turnaround story based on future growth potential in the NBFC sector, despite current negative profitability metrics. 🔥 WHAT IS DRIVING THE STOCK: * **Promoter Buying:** Recent promoter buying suggests confidence, increasing their stake to 16.25%. * **NBFC Sector Tailwinds:** Overall positive sentiment in the NBFC sector, driven by increasing securitization and RBI's GDP growth projections. ⚖️ BULL vs BEAR: Bull: Promoter buying signals confidence. NBFC sector growth could lift all boats. Micro-cap turnaround stories can deliver outsized returns. Bear: Negative ROE/ROCE. Sales down 100% YoY last quarter. Micro-cap liquidity risk. Reliance on hope, not current earnings. Promoter holding is still relatively low at 23.27%. 💣 WHAT MARKET IS PRICING: The market is pricing a high-growth turnaround, despite weak fundamentals. If the turnaround stalls or the NBFC sector faces headwinds, the stock will likely collapse. 🎯 BOTTOM LINE: This micro-cap NBFC is a pure speculation play, fueled by hope and promoter activity, not current financial performance. Liquidity is a major risk.

Why Now
  • Promoter buying increased stake to 16.25% on March 27, 2026
  • Positive sentiment in the NBFC sector
  • Q3 FY26 net profit jumped 2138.89% YoY to ₹3.67Cr
Potential Catalysts
  • Significant order wins or contract announcements
  • Successful turnaround in financial performance (positive ROE/ROCE)
  • Further increase in promoter holding
Key Risks
  • Micro/SME cap = liquidity risk
  • Negative ROE and ROCE
  • Sales down 100% YoY last quarter
Institutional Activity

Promoter increased stake by 10.3%

Macro Context

RBI projects India’s real GDP growth for current fiscal at 6.9%, a potential tailwind for NBFCs.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹None Cr

3–6 Month Outlook

The stock's future hinges on a successful turnaround and favorable NBFC sector conditions. Without significant improvement in financial performance, the stock is likely to underperform.

Primary Thesis Risk

Lack of liquidity and weak fundamentals make this a high-risk speculation.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

-0.70%
Poor

ROCE

-0.69%

OPM (5Y)

N/A

Div Yield

0.00%

Madhusudan Securities Ltd Valuation Check

P/E Ratio

N/A
Poor

Industry P/E

22.03x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

37.72 (Cr)

Growth Engine

Poor

Profit Growth (Q)

-78.57%
Poor

Sales Growth (Q)

-100.00%

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.00x

Int. Coverage

N/A

Free Cash Flow (5Y)

N/A

Shareholding

Excellent

Promoter

23.27%
Poor

FII

2.44%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹19.23— Analysis below may reference an earlier price snapshot.

Madhusudan Securities Share Price: A Financial Analysis for Growth

The Non-Banking Financial Company (NBFC) sector, while brimming with potential, often sees companies grapple with profitability amidst stringent regulatory landscapes and fluctuating interest rates. This analysis focuses on Madhusudan Securities share price, currently trading at ₹21.06999969482422, using publicly available data and contrasting it with sector peers to understand its current positioning and future growth potential. The company's key financial metrics present a mixed picture, requiring careful evaluation of its operational efficiency and capital allocation strategies.

A significant concern is the reported Return on Capital Employed (ROCE) of -0.69%. This negative ROCE indicates that Madhusudan Securities Ltd. is currently not generating profits from the capital it has invested. This severely impacts the company's ability to build a sustainable moat – a competitive advantage that protects it from competitors. Without adequate returns, reinvestment opportunities become limited, hindering future growth and potentially making it more difficult to attract and retain capital. Contrast this with Apollo Finvest, where perceived higher management quality is often reflected in stronger capital allocation decisions and, consequently, better ROCE figures. This disparity underscores the importance of evaluating management effectiveness in driving financial performance.

Another factor to consider is the absence of a Price-to-Earnings (PE) ratio. This typically suggests that the company is either not profitable or has negative earnings, which aligns with the negative ROCE. Comparing Madhusudan Securities with peers like Bengal & Assam and Fedders Holding Ltd reveals that a deeper dive into factors such as asset quality, loan disbursement strategies, and operational efficiency is necessary to understand the underlying reasons for the divergence in performance.

This observational analysis is part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra. It uses publicly available data to provide an overview of the company's financial standing. This is not a recommendation to buy or sell shares of Madhusudan Securities. Investors should conduct their own thorough research and consult with qualified financial advisors before making any investment decisions.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Madhusudan Securities Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MADHUSE across key market metrics for learning purposes.

Positive Indicators

2 factors identified

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (-0.70%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-0.69%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-78.57%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-100.00%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Low Promoter Commitment (23.27%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

Limited Institutional Interest (FII+DII: 2.44%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Madhusudan Securities Ltd Financial Statements

Comprehensive financial data for Madhusudan Securities Ltd including income statement, balance sheet and cash flow

About MADHUSE (Madhusudan Securities Ltd)

Madhusudan Securities Ltd is a distinguished Non-Banking Financial Company rooted in the Indian financial landscape. Established with a commitment to fostering financial growth and... inclusion, the company operates within the regulatory framework governing NBFCs. Madhusudan Securities focuses on offering a suite of financial products and services tailored to meet the diverse needs of its clientele. These services encompass lending solutions, wealth management assistance, and investment opportunities, all designed to empower individuals and businesses in achieving their financial objectives. With a dedicated team of professionals and a customer-centric approach, Madhusudan Securities has carved a niche for itself in the competitive financial market. Driven by a vision of sustainable financial empowerment, Madhusudan Securities has strategically expanded its reach across various sectors. The company prides itself on its ability to adapt to the ever-evolving market dynamics, constantly refining its offerings to remain relevant and competitive. Risk management and adherence to ethical business practices form the cornerstone of Madhusudan Securities' operations. Through prudent financial planning and a commitment to transparency, the company strives to build lasting relationships with its customers, fostering trust and mutual growth. The organization's dedication to compliance ensures the security and integrity of its financial services, contributing to the overall stability of the financial ecosystem. Madhusudan Securities maintains a strong focus on leveraging technology to enhance its operational efficiency and customer experience. By embracing digital solutions, the company aims to streamline its processes, making financial services more accessible and convenient for its clients. Madhusudan Securities' presence in the NBFC sector is characterized by its dedication to innovation, financial prudence, and a deep understanding of the Indian market. As an established player in the industry, the company continues to play a vital role in facilitating financial inclusion and driving economic growth through responsible and sustainable financial practices.

Company Details

Symbol:MADHUSE
Industry:Non Banking Financial Company (NBFC)
Sector:Non Banking Financial Company (NBFC)
Website:https://www.mslsecurities.com

Key Leadership

Mr. Salim Pyarali Govani
Chairman & MD
Mr. Vishwanatha Srinivas
Chief Financial Officer
Ms. Kratika Sharma
Company Secretary & Compliance Officer

Latest News

Sensex, Nifty crash worst since 2024 Lok Sabha debacle. What to do when the market turns into madhouse - The Economic Times
The Economic Times• 4/7/2025

MADHUSE Share Price: Frequently Asked Questions

What is the current share price of Madhusudan Securities Ltd (MADHUSE)?

As of 16 Apr 2026, 11:00 am IST, Madhusudan Securities Ltd share price is ₹19.23. The MADHUSE stock has a market capitalisation of ₹37.72 (Cr) on NSE/BSE.

Is MADHUSE share price Overvalued or Undervalued?

MADHUSE share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 22.03x. Based on this relative valuation, the Madhusudan Securities Ltd stock appears to be Fairly Valued against its sector peers.

What is the 52-week high and low of MADHUSE share price?

The 52-week high of MADHUSE share price is ₹29.90 and the 52-week low is ₹17.60. These values are updated daily from NSE/BSE price data.

What factors affect the Madhusudan Securities Ltd share price?

Key factors influencing MADHUSE share price include quarterly earnings growth (Sales Growth: -100.00%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Madhusudan Securities Ltd a good stock for long-term investment?

Madhusudan Securities Ltd shows a 5-year Profit Growth of N/A% and an ROE of -0.70%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.00 before investing in MADHUSE shares.

How does Madhusudan Securities Ltd compare with its industry peers?

Madhusudan Securities Ltd competes with major peers in the Non Banking Financial Company (NBFC). Investors should compare MADHUSE share price P/E of 0.00x and ROE of -0.70% against the industry averages to determine competitive standing.

What is the P/E ratio of MADHUSE and what does it mean?

MADHUSE share price has a P/E ratio of N/Ax compared to the industry average of 22.03x. Investors pay ₹N/A for every ₹1 of annual earnings.

How is MADHUSE performing according to Bull Run's analysis?

MADHUSE has a Bull Run fundamental score of N/A/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does MADHUSE belong to?

MADHUSE operates in the Non Banking Financial Company (NBFC) industry. This classification helps understand the competitive landscape and sector-specific trends affecting Madhusudan Securities Ltd share price.

What is Return on Equity (ROE) and why is it important for MADHUSE?

MADHUSE has an ROE of -0.70%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Madhusudan Securities Ltd generates profits from shareholders capital.

How is MADHUSE debt-to-equity ratio and what does it indicate?

MADHUSE has a debt-to-equity ratio of 0.00, which indicates conservative financing with low financial risk.

What is MADHUSE dividend yield and is it a good dividend stock?

MADHUSE offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Madhusudan Securities Ltd shares.

How has MADHUSE share price grown over the past 5 years?

MADHUSE has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in MADHUSE and why does it matter?

Promoters hold 23.27% of MADHUSE shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Madhusudan Securities Ltd.

What is MADHUSE market capitalisation category?

MADHUSE has a market capitalisation of ₹38 crores, placing it in the Small-cap category.

How volatile is MADHUSE stock?

MADHUSE has a beta of N/A. A beta > 1 suggests the Madhusudan Securities Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is MADHUSE operating profit margin trend?

MADHUSE has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.

How is MADHUSE quarterly performance?

Recent quarterly performance shows Madhusudan Securities Ltd YoY Sales Growth of -100.00% and YoY Profit Growth of -78.57%.

What is the institutional holding pattern in MADHUSE?

MADHUSE has FII holding of 2.44% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Madhusudan Securities Ltd stock.

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Frequently Asked Questions about Madhusudan Securities Ltd

What is the current share price of Madhusudan Securities Ltd?

Madhusudan Securities Ltd (MADHUSE) trades at ₹19.23 on NSE and BSE. Market cap ₹37.72 (Cr). Educational data only.

What is the P/E ratio of Madhusudan Securities Ltd?

Madhusudan Securities Ltd has a P/E of N/Ax vs industry average 22.03x.

What is the Bull Run score for Madhusudan Securities Ltd?

Madhusudan Securities Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.

Does Madhusudan Securities Ltd pay dividends?

Madhusudan Securities Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Madhusudan Securities Ltd?

Madhusudan Securities Ltd has ROE of -0.70%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Madhusudan Securities Ltd?

Madhusudan Securities Ltd has debt-to-equity of 0.00.

Is Madhusudan Securities Ltd a good investment?

Bull Run gives Madhusudan Securities Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.