Incorporated in February, 1946, Madhusudan Industries Limited, formerly known as Madhusudan Vegetable Products Company, now better known for its CERA range of sanitaryware and tiles, has emerged as a major force in the Indian ceramic industry. The Company is engaged presently in the business of Renting of properties and providing ancilliary services.
Initially, Company had three units, namely Edible Oil Unit having plants at Rakhial, Gujarat, Solvent Extraction Plant at Nimbahera, Rajasthan and Power Unit consisted 10 Nos. Wind Turbine Generators of 2.5 MW at Patelka, in Gujarat for captive consumption of power at its Edible Oil Unit at Rakhial.
The present promoters acquired the Vanaspati unit in 1969 and after modernisation achieved an overall growth and progress The Company expanded its capacities in Solvent Plant. It established an Oil Refinery, Soap Plant and Oil Mill at Rakhial, further commissioned a new Solvent Extraction Plant at Nimbahera, making it a pioneer in the edible oil industry.
In 1980-81, it entered the sanitaryware industry, with its own technology. Thereafter, the Company established a Sanitaryware Unit at Kadi in 1985-86, manufacturing the 'CERA' brand of Sanitarywares. The Company went public in Oct.'89 to expand the capacity of the tile unit from 7,000 tpa to 14,000 tpa; to manufacture glazed tiles and also to raise the capacity of the solvent extraction plant from 25,500 tpa to 45,000 tpa.
In Nov.'92, the company offered PCDs on a rights ... basis to part-finance its Rs 25-crore modernisation plan. Today, it has an installed capacity of 36,000 tpa of vanaspati and refined oils, 23,000 tpa of cotton seed decortication, 13,500 tpa of oil mill expelling, 15,000 tpa of vitreous china sanitaryware, 7,000 tpa of ceramic tiles, 1,80,000 tpa of oil cake extraction, 3,600 tpa of soap, 7,500 tpa of refined vegetable oils.
The Company hived off its Ceramic Division through the Scheme of Arrangement and Reconstruction in the nature of De-merger.
The Ceramic Division was demerged into a separate company, Cera Sanitaryware Limited in 2001. The Company established Wind Farm Units in Coastal Saurashtra and opened manufacturing tiles at Jambusar Plant.
In year 2001, the Ceramic Division of the Company got demerged to a separate group company 'Madhusudan Oils and Fats Ltd, pursuant to the Order of Hon'ble Gujarat High Court. Later, it became Cera Sanitaryware Ltd..
The Company sold the wind farm unit located at Patelka to M/s Cera Sanitaryware Limited, Kadi for consideration costing Rs 3.99 Cr. in September, 2005. Thereafter, it sold off the Nimbahera Unit as a going concern in July, 2006. The production of flowers commenced from December, 2008. It sold entire share holding of wholly owned subsidiary, Madhusudan Fiscal Limited and Madhusudan Fiscal Limited ceased to be a subsidiary of the Company during the year 2013-14.
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FAQs on Madhusudan Industries Ltd
1. Can I buy Madhusudan Industries Ltd from PL Capital? ›
Yes, you can invest in Madhusudan Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Madhusudan Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Madhusudan Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Madhusudan Industries Ltd pay dividends? ›
Madhusudan Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Madhusudan Industries Ltd ? ›
As of
06-Feb-2026 , 16:01:28 the share price for Madhusudan Industries Ltd. is ₹ 32.49 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Madhusudan Industries Ltd ? ›
The 52-week high and low of Madhusudan Industries Ltd share price is ₹ 27.02 - ₹ 53.95 as of
06-Feb-2026 , 16:01:28 .
