Madhusudan Masala Ltd vs Novateor Research Laboratories Ltd Stock Comparison
Madhusudan Masala Ltd vs Novateor Research Laboratories Ltd Stock Comparison
Last Updated on: Sep 30, 2026
Key Highlights
The Latest Trading Price of Madhusudan Masala Ltd is ₹ 236.25 as of 30 Sep 15:30
. The P/E Ratio of Madhusudan Masala Ltd is 14.4 as of March 2025
.The P/E Ratio of Novateor Research Laboratories Ltd is 0 as of March 2025
. The Market Cap of Madhusudan Masala Ltd is ₹ 216.18 crore as of March 2025
.The Market Cap of Novateor Research Laboratories Ltd is ₹ 0 crore as of March 2025
. The revenue of Madhusudan Masala Ltd for the Jun '26 is ₹ 98.6 crore as compare to the Mar '26 revenue of ₹ 97.56 crore. This represent the growth of 1.07% The revenue of Novateor Research Laboratories Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Madhusudan Masala Ltd for the Jun '26 is ₹ 11.38 crore as compare to the Mar '26 ebitda of ₹ 11.09 crore. This represent the growth of 2.61% The ebitda of Novateor Research Laboratories Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Madhusudan Masala Ltd changed from ₹ 2.36 crore to ₹ 6.5 crore over 9 quarters. This represents a CAGR of 56.88%
The net profit of Novateor Research Laboratories Ltd changed from ₹ 0 crore to ₹ 0 crore over 9 quarters. This represents a CAGR of 0.0%
The Dividend Payout of Madhusudan Masala Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of Novateor Research Laboratories Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .
About Madhusudan Masala Ltd
Madhusudan Masala Limited was originally formed as a Partnership Firm registered under the Indian Partnership Act, 1932 with Registrar of Firms, Gujarat in the name and style of 'M/s.
Madhusudan & Co.', pursuant to a Deed of Partnership in 1982.
Further 'M/s.
Madhusudan & Co.' was converted from Partnership Firm to a Private Limited Company in the name of 'Madhusudan Masala Private Limited' vide Certificate of Incorporation dated December 14, 2021, issued by Registrar of Companies.
Subsequently the Company was converted into a Public Limited Company on April 15, 2023 and the name was changed to 'Madhusudan Masala Limited' vide fresh Certificate of Incorporation dated April 29, 2023 by the Registrar of Companies, Ahmedabad.
The Company started current manufacturing unit at Industrial Area Hapa, Near Jamnagar Unit in FY 2015.
About Novateor Research Laboratories Ltd
Novateor Research Laboratories Limited was originally incorporated as Novateor Research Laboratories Private Limited on April 01, 2011 with the Registrar of Companies, Gujarat.
Subsequently, Company was converted into Public Limited Company and the name was changed to 'Novateor Research Laboratories Limited' dated April 22, 2019.
The Company raised funds from public of Rs 4.49 Crore through Initial Public Offering (IPO) by issuing 18,72,000 Equity Shares in September, 2019.
The Company is leading the development of novel personal care products that are intended to provide safe, easy and innovative approach to the existing traditional personal care solutions.
At Novateor Research Facility, it develops products that could provide significant clinical as well as commercial advantage.
The Company's manufacturing facility located at Sanand Taluka, Ahmedabad District is well equipped with the state of the art building structure, machineries and technology.
FAQs for the comparison of Madhusudan Masala Ltd and Novateor Research Laboratories Ltd
Which company has a larger market capitalization, Madhusudan Masala Ltd or Novateor Research Laboratories Ltd?
Market cap of Madhusudan Masala Ltd is 381 Cr while Market cap of Novateor Research Laboratories Ltd is 22 Cr
What are the key factors driving the stock performance of Madhusudan Masala Ltd and Novateor Research Laboratories Ltd?
The stock performance of Madhusudan Masala Ltd and Novateor Research Laboratories Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Madhusudan Masala Ltd and Novateor Research Laboratories Ltd?
As of September 30, 2026, the Madhusudan Masala Ltd stock price is INR ₹236.25. On the other hand, Novateor Research Laboratories Ltd stock price is INR ₹37.5.
How do dividend payouts of Madhusudan Masala Ltd and Novateor Research Laboratories Ltd compare?
To compare the dividend payouts of Madhusudan Masala Ltd and Novateor Research Laboratories Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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