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Commodities · Fertilizers

Madhya Bharat Agro Products Ltd (MBAPL)

₹177.11

Mkt cap
₹8,127 Cr
P/E ratio
52.40
P/B
14.06
Div yield
0.06%
ROE
31.30%
ROCE
19.30%
EPS (TTM)
₹3.38
Book value
₹13
52W range
77–180
Sector
Commodities

Price history

Previous close

Madhya Bharat Agro Products Ltd, part of Ostwal Group, is engaged in the business of manufacturing fertiliser and chemical products. [1]

NSE MBAPL
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsBullish
52-week range
−1.42% from high
₹177
₹77+131.33% from low₹180
Current
₹177.11
Prev close
₹174.00
Day
+1.79%
Price performance
1D
+2.30%
1W
+11.41%
1M
+6.69%
3M
+7.33%
6M
+69.75%
1Y
+110.13%
YTD
+106.04%

Financials

Revenue, profit & margin
P/E ratio
52.4×
MBAPL is 347% above the sector median of 11.7×
MBAPL52.4×
Sector median11.7×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales149278244146200278284297410450612395416
Expenses125238226132167242244261353388546353350
Operating Profit24401814343639365762664166
OPM %16%15%7%10%17%13%14%12%14%14%11%10%16%
Other Income1109222632395
Interest684897577691115
Depreciation77779998999912
Profit before tax122678182327274449513144
Tax %42%42%80%82%36%39%34%47%36%37%37%-95%26%
Net Profit71511111418142830326033
EPS in Rs0.170.340.030.030.260.320.410.330.640.700.721.360.75
Raw PDF

Earnings

Results dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

No reaction history yet.
No quarterly filings ingested yet.

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Shareholding

as of Sep 2026
71.38%Promoter
Promoters71.38%3.38
FIIs0.88%0.21
DIIs0.21%0.20
Public27.53%2.96
Ownership trend

Peers

7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Coromandel Inter₹1,696.0026.7950,0350.65%382−24.59%8,165+15.94%22.05%
F A C T₹670.10—43,3600.00%−62−1,547.20%1,253+20.20%4.02%
Chambal Fert.₹353.907.3514,1793.11%524−4.62%5,027−11.77%25.17%
Paradeep Phosph.₹129.1015.4913,4071.16%121−64.61%7,364+7.16%15.35%
M B Agro Prod.₹177.1152.458,1270.06%33+16.84%416+1.61%19.34%
Krishana Phosch.₹228.5535.937,0650.04%47+53.99%532+34.58%27.24%
G S F C₹133.287.675,3113.75%159+14.42%3,583+64.03%7.16%
Median: 19 Co.₹107.0011.721,1330.11%350.00%615+16.41%15.39%

Filings

Annual reports8
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021Annual Report 2020Annual Report 2019
Concall transcripts30
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025PPTJan 2025PPTDec 2024PPTDec 2024PPTSep 2024PPTJul 2024PPTMay 2024
Credit ratings6
Rating update 6 OctcrisilRating update 8 JulcrisilRating update 9 AprcrisilRating update 31 MaricraRating update 17 FebcrisilRating update 26 Nov 2025icra
Announcements5
Postponement of commercial production/operations 31 Oct - DAP/NPK fertilizer plant at Dhule commissioned; commercial production awaits statutory licence.Credit Rating 8 Oct - CRISIL reaffirmed A+/Stable and A1 ratings on Rs 2,006.6 crore bank facilities.Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Oct - Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; no dematerialisation requests received.Commencement of commercial production/operations 28 Sep - Started commercial production at 300 TPD phosphoric acid plant in Dhule, Maharashtra.Analysts/Institutional Investor Meet/Con. Call Updates 28 Sep - Outcome of analyst/investor group virtual meeting held on 28 September 2026.