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Earnings Call

Madhya Bharat Agro Products Earnings Call: Key Takeaways

MBAPL reported record FY26 performance with revenue up 76% to ₹1867cr and PAT up 161% to ₹150cr. Strategy focuses on massive capacity expansion and backward integration into green ammonia.

Highlights
Revenue growth76% YoY for FY26; 33% YoY for Q4 FY26.
MarginsEBITDA target ₹6,000/ton for NPK and ₹1,800/ton for SSP in FY27.
Demand visibilityStrong Rabi demand; constructive Kharif outlook supported by favorable monsoon.
Management confidenceHigh, aiming to be India's 3rd largest private phosphatic fertilizer company.

Growth

FY26 revenue grew 76% YoY to ₹1867cr; EBITDA up 55% to ₹227cr; PAT surged 161% to ₹150cr.

Outlook

Targeting ₹4,000cr revenue by FY28; expanding fertilizer capacity from 0.9M MTPA to 1.56M MTPA; ₹675cr total CAPEX.

Risks

Navigating unstable supply chains and geopolitical disturbances in West Asia impacting raw material costs like sulfur.

Source

Earnings Call filed with NSE, NSE: MBAPL. Summary written with AI assistance from the document.

Read the document ↗

Madhya Bharat Agro Products Ltd: key numbers

Share price
₹166.81
Market cap
₹7,654 Cr
Revenue (annual)
₹1,867 Cr
Net profit (annual)
₹150.2 Cr
P/E (TTM)
49.4×Sector 12.4×
Promoter holding
74.76%+0.00% QoQ
FII holding
0.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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13:12 IST NSE
Capital Structure Change

Madhya Bharat Agro Products Capital Structure Change

MBAPL completed a preferential allotment of 20.72 lakh equity shares at ₹145 to 14 investors. The issuance raises ₹30.05 Crore, expanding paid-up capital to ₹91.77 Crore.

Value
₹30.05 Cr
12:59 IST NSE
Capital Structure Change

Madhya Bharat Agro Products Capital Structure Change

Madhya Bharat Agro Products allotted 2.07 crore shares at ₹145 in a preferential issue, raising ₹300.48 Crore. Post-allotment paid-up capital stands at 4.59 crore equity shares.

Value
₹300.5 Cr
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Annual General Meeting

Madhya Bharat Agro Products Annual General Meeting

Madhya Bharat Agro Products Limited conducted an EGM on August 28, 2026. Shareholders approved a preferential equity issue to non-promoters and an amendment to the Company's Memorandum of Association.

17:07 IST NSE
Annual General Meeting

Madhya Bharat Agro Products Annual General Meeting

Madhya Bharat Agro issued a corrigendum to its August 28, 2026 EGM notice, modifying the list of allottees for its proposed Rs 317.48 Crore preferential issue.

Value
₹317.5 Cr
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Annual General Meeting

Madhya Bharat Agro Products Annual General Meeting

Madhya Bharat Agro Products Limited issued an EGM notice for August 28, 2026, seeking approval for a preferential issue aggregating ₹317.48 Crore.

Value
₹317.5 Cr
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Annual General Meeting

Madhya Bharat Agro Products Annual General Meeting

Madhya Bharat Agro Products Limited has scheduled an Extra Ordinary General Meeting for August 28, 2026. Shareholders will participate via video conferencing.