Madhya Bharat Agro Products LimitedMBAPLCorporate

Fertilizers Latest results: Jun 2026 8 quarters of data
₹167.10
MCap ₹7,321 Cr · P/E 47.3
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹416 Cr
Sales · Jun 2026
+1.6% YoY
₹66 Cr
Operating Profit · Jun 2026
+15.7% YoY
15.8%
OPM % · Jun 2026
+13.7% YoY
₹33 Cr
Net Profit · Jun 2026
+16.9% YoY
₹0.75
EPS · Jun 2026
-76.7% YoY

📝 Madhya Bharat Agro Products Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Madhya Bharat Agro Products Limited reported revenue of ₹416 crore for the quarter ended June 2026 (Q1 FY27), up 1.6% from ₹410 crore in the same quarter last year, and up 5.5% sequentially over the March 2026 quarter.

Net profit rose 16.9% year-on-year to ₹33 crore, from ₹28 crore. Earnings per share (EPS) came in at ₹0.75.

Operating profit stood at ₹66 crore — an operating margin (OPM) of 15.8%, compared with 13.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Madhya Bharat Agro Products Limited posted revenue of ₹1,867 crore, a growth of 144.9% over FY25, with a net profit of ₹150 crore (up 247.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,874 crore with a net profit of ₹155 crore.

Valuation snapshot

At the current price of ₹167.10, MBAPL has a market capitalisation of ₹7,321 crore and a trailing P/E of about 47.3.

Within the Fertilizers industry, it is the largest of the 22 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 71.38%, foreign institutional investors (FIIs) 1.03%, public shareholders 27.52%, domestic institutional investors (DIIs) 0.07% of Madhya Bharat Agro Products Limited.

Promoter holding slipped from 74.76% to 71.38% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹7,321 Cr
Current Price ?
₹167.1
P/E ?
47.25above ind
Industry P/E ?
11.80
P/B ?
13.31
P/S ?
3.91
P/FCF ?
-13.97
Enterprise Value ?
₹8,177 Cr
EV/EBITDA ?
34.73
PEG ?
N/A
Earnings Yield ?
2.4%
Dividend Yield ?
N/A
Profitability & Returns
Sales (TTM) ?
₹1,874 Cr
OPM ?
12.6%
Profit after tax (TTM) ?
₹155 Cr
EPS (TTM) ?
₹3.54
ROCE ?
19.0%
ROE ?
28.2%
ROA ?
9.2%
Growth
Sales — latest qtr ?
₹416 Cr
PAT — latest qtr ?
₹33 Cr
YoY qtr sales growth ?
1.6%
YoY qtr profit growth ?
16.9%
Sales growth (3y) ?
N/A
Sales growth (5y) ?
N/A
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹856 Cr
Debt to Equity ?
1.56
Interest Coverage ?
5.9
Current Ratio ?
N/A
Ownership
Promoter holding ?
71.38%
Change in promoter holding ?
-3.18%
Pledged percentage ?
N/A
Market
Return 3 months ?
22.7%
Return 6 months ?
64.0%

🗓️ Quarterly results (8 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Jun 2024Sep 2024Dec 2024Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 200278284410450612395416 +1.6% +5.5%
Operating Profit 3436395762664166 +15.7% +59.8%
Other Income 22232395 +79.3% -40.4%
Interest 9757691115 +125.7% +39.6%
Depreciation 999999912 +31.8% +34.8%
Profit Before Tax 1823274449513144 +0.3% +44.4%
Net Profit 1114182830326033 +16.9% -44.8%
EPS 1.311.582.043.223.483.626.820.75 -76.7% -89.0%
OPM % 16.8% 13.0% 13.9% 13.9% 13.7% 10.9% 10.4% 15.8% +13.7% +51.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹762 Cr ₹1,867 Cr ₹1,874 Cr +144.9%
Operating Profit ₹109 Cr ₹227 Cr ₹235 Cr +107.1%
OPM % 14.35% 12.13% 12.57% -15.5%
NPM % 5.67% 8.04% 8.27% +41.8%
Other Income ₹5 Cr ₹17 Cr ₹19 Cr +245.3%
Depreciation ₹26 Cr ₹37 Cr ₹40 Cr +43.6%
Interest ₹21 Cr ₹32 Cr ₹41 Cr +55.2%
EBIT ₹84 Cr ₹190 Cr ₹196 Cr +126.6%
PBT ₹68 Cr ₹174 Cr ₹174 Cr +157.2%
Tax ₹24 Cr ₹24 Cr ₹19 Cr -2.3%
Net Profit ₹43 Cr ₹150 Cr ₹155 Cr +247.5%
EPS ₹4.93 ₹17.14 ₹14.67 +247.7%
Material Cost ₹498 Cr ₹1,528 Cr ₹1,551 Cr +206.6%
Employee Cost ₹19 Cr ₹39 Cr ₹41 Cr +106.5%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 44888888 +0.0%
Reserves 285263316462 +46.2%
Borrowings 323290318856 +169.2%
Other Liabilities 92163223277 +24.2%
Total Liabilities 7438049461,682 +77.8%
Fixed Assets 203265279436 +56.3%
CWIP 01474277 +274.3%
Investments 0000 —
Other Assets 540525592968 +63.5%
Total Assets 7438049461,682 +77.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -7014896-127 -232.3%
Cash from Investing Activity -65-92-92-373 -305.4%
Cash from Financing Activity 141-61-4501 +12625.0%
Net Cash Flow 6-60-0 —
Free Cash Flow -14043-12-524 -4266.7%
CFO/OP -19%163%77%-43% -155.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 74838883 -5.7%
Inventory Days 1251368596 +12.9%
Days Payable 8404836 -25.0%
Cash Conversion Cycle 191178125144 +15.2%
Working Capital Days 61545149 -3.9%
ROCE % 38%12%18%19% +5.6%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.56%74.63%74.76%74.76%71.38% -4.5%
FIIs 0.11%0.43%0.19%0.46%1.03% +123.9%
Public 25.34%24.95%25.06%24.78%27.52% +11.1%
No. of Shareholders 11,82212,54613,34812,75815,993 +25.4%
DIIs ————0.07% —

⚖️ Peer comparison

Industry: Fertilizers · 22 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MBAPL Madhya Bharat ₹159.00 6,966 9.3 1,867 150 12.1% 8.0% 76.2% 160.9% 33.0% 328.6%
2 GSFC Gujarat State ₹154.08 6,140 8.9 12,345 693 6.7% 5.6% 14.8% 13.8% 64.0% 14.4%
3 RCF Rashtriya Chemicals ₹106.95 5,900 13.8 18,481 428 5.1% 2.3% 9.1% 76.6% 49.6% 159.7%
4 KRISHANA Krishana Phoschem ₹180.17 5,570 28.4 2,554 196 12.6% 7.7% 77.9% 106.9% 34.3% 51.6%
5 NFL National Fertilizers ₹65.51 3,214 8.8 22,524 365 3.3% 1.6% 8.4% 15.2% 27.3% 387.5%
6 509732 Kothari Industrial ₹154.73 1,403 — 197 -87 -27.7% -44.0% 114.0% -252.9% 34.5% -1344.9%
7 SPIC Southern Petrochemicals ₹60.94 1,241 6.0 3,024 204 8.8% 6.8% 6.3% 48.9% 8.7% -9.8%
8 MADRASFERT Madras Fertilizers ₹61.03 983 13.8 2,442 72 4.0% 2.9% -9.5% 24.6% 21.1% -21.4%
9 ZUARI Zuari Agro ₹221.81 933 1.0 2,569 974 8.9% 37.9% -27.9% 326.4% -50.6% -6.5%
10 ARIES Aries Agro ₹480.00 624 13.1 775 47 11.6% 6.1% 19.6% 26.5% 17.4% 49.5%
11 KHAICHEM Khaitan Chemicals ₹50.50 490 9.1 988 54 10.6% 5.5% 39.1% 4504.8% -5.7% -49.0%
12 RAMAPHO Rama Phosphates ₹119.80 424 8.0 893 53 9.8% 5.9% 20.1% 285.6% 9.0% 2.3%
13 NOVAAGRI Nova Agritech ₹22.38 201 16.1 275 13 10.3% 4.7% -11.1% -53.2% 28.4% -0.1%
14 531862 Bharat Agri ₹96.77 119 — 21 -7 26.2% -31.1% -11.3% -646.7% -18.8% -482.1%
15 524687 Basant Agro ₹20.68 102 25.8 624 7 5.1% 1.2% 22.7% 67.3% 31.8% 11.9%
16 NAGAFERT Nagarjuna Fertilizers ₹1.69 101 — 8 -28 -346.2% -328.4% -98.8% -100.7% 105.0% -118.8%
17 524204 Teesta Agro ₹98.65 63 6.6 228 8 7.4% 3.6% 20.5% 21.2% 4.5% 9.7%
18 542123 Phosphate ₹154.95 49 13.3 151 4 5.9% 2.8% 14.3% 30.3% 39.0% -41.6%
19 AGROPHOS Agro Phos ₹23.65 48 9.2 137 5 8.5% 3.8% 36.6% 55.6% -27.3% -69.3%
20 530433 Shiva Global ₹44.00 38 23.1 289 2 2.1% 0.8% -27.6% 1077.3% 17.4% -9.4%
21 BOHRAIND Bohra Industries ₹13.50 29 — — -3 — — — 19.3% — 48.0%
22 506543 MP Agro ₹19.25 5 157.1 — 0 — — — 40.0% — 300.0%
❓ Frequently asked questions
What was Madhya Bharat Agro Products Limited's revenue in Q1 FY27?
Madhya Bharat Agro Products Limited reported revenue of ₹416 crore for the quarter ended June 2026 (Q1 FY27), up 1.6% from ₹410 crore in the same quarter last year, and up 5.5% sequentially over the March 2026 quarter.
What was Madhya Bharat Agro Products Limited's net profit in Q1 FY27?
Net profit rose 16.9% year-on-year to ₹33 crore, from ₹28 crore. Earnings per share (EPS) came in at ₹0.75.
What is MBAPL's market capitalisation and P/E ratio?
At the current price of ₹167.10, MBAPL has a market capitalisation of ₹7,321 crore and a trailing P/E of about 47.3.
Who owns Madhya Bharat Agro Products Limited? (shareholding pattern)
As of Sep 2026, promoters held 71.38%, foreign institutional investors (FIIs) 1.03%, public shareholders 27.52%, domestic institutional investors (DIIs) 0.07% of Madhya Bharat Agro Products Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
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