Madhya Bharat Agro Products Ltd Stock Price Today (NSE: MBAPL)

Madhya Bharat Agro Products Ltd

160.205.65 (3.41%)
Market Closed

Fundamental Score

...

Madhya Bharat Agro Products Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Madhya Bharat Agro Products Ltd share price today is 160.20, down 3.41% on NSE/BSE as of 31 July 2026. Madhya Bharat Agro Products Ltd (MBAPL) is a Mid-cap company in the Fertilizers sector with a market capitalisation of 5.54K (Cr). The 52-week high for MBAPL share price is 610.90 and the 52-week low is 109.75. At a P/E ratio of 35.79x, MBAPL is currently trading above its industry average P/E of 15.10x. The company has a Return on Equity (ROE) of 31.50% and a debt-to-equity ratio of 1.56.

Madhya Bharat Agro Products Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
610.90
Low
109.75
Volume
18.8L
Change
-73.00%

Madhya Bharat Agro Products Ltd share price chart: -73.00% return over the past month. 52-week high ₹610.90, 52-week low ₹109.75.

Madhya Bharat Agro Products Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
167.85167.85157.60160.209.14L (Cr)
164.00167.95162.30165.8514.59L (Cr)
161.20167.00159.55164.0021.14L (Cr)
165.00165.90158.70161.2018.29L (Cr)
150.00166.95147.85163.9552.35L (Cr)
146.00149.00144.05148.258.56L (Cr)
147.00148.00143.00143.7539.23L (Cr)
138.85147.70137.30145.5534.17L (Cr)
132.25136.95132.25136.2012.64L (Cr)
127.80132.85121.00131.6036.98L (Cr)

Madhya Bharat Agro Products Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
565.35610.90109.75160.20-71.66%
529.00585.00520.45562.00+6.24%
524.00585.00521.00529.70+1.09%
473.95559.00467.00525.80+10.94%
462.00481.90431.25460.45-0.34%
415.00489.45406.40468.75+12.95%
427.30451.00384.05411.15-3.78%
398.00435.65382.80421.90+6.01%
410.00422.40385.65399.20-2.63%
376.65469.70375.25406.85+8.02%
420.45436.95373.15378.70-9.93%
445.00457.47410.00420.35-5.54%

AI Research Briefing

Powered by Gemini · 2026-04-08

Overvalued fertilizer microcap with high growth priced in; vulnerable to input cost volatility and subsidy cuts.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - CMP is -1.0% from 52W highExpensive - P/E of 38.95x vs Industry P/E of 22.43x

WHAT'S HAPPENING NOW (last 2-4 weeks)

MBAPL commenced commercial production at its Banda plant on April 1, 2026. The stock hit an all-time high of on April 2, 2026. Overall, the stock has outperformed the Sensex over the past week, month, 3 months, and year.

CORE STORY (THE REAL GAME)

MBAPL is being priced as a high-growth play on India's fertilizer demand, driven by capacity expansions and government support, but faces risks from volatile input costs and geopolitical instability.

Why Now
  • Capacity expansion at Banda plant
  • Strong Q3 FY26 results
  • Outperformance vs. Sensex
Potential Catalysts
  • Successful commissioning of Dhule plant by October 2026
  • Announcement of favorable Ravi subsidy
  • Further green ammonia deals
Key Risks
  • Micro-cap liquidity risk
  • High valuation relative to industry
  • Dependence on government subsidies
Institutional Activity

FII increased their stake by 0.32%

Macro Context

Geopolitical tensions in West Asia pose a threat to fertilizer supply chains and prices.

Order Book / Expansion

Commercial production commenced at Banda plant on April 1, 2026.

Cash Flow Quality

No - Negative free cash flow of ₹-220.43 Cr over the past 5 years

3–6 Month Outlook

MBAPL's near-term performance hinges on its ability to execute capacity expansions and manage input costs. Geopolitical risks and government policy changes remain key variables.

Primary Thesis Risk

A sharp correction could occur if MBAPL fails to meet its ambitious expansion targets or if government subsidies are reduced.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

31.50%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

19.40%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

15.05%

Average operating profit margin over 5 years

Dividend Yield

0.08%

Annual dividend as % of current share price

Madhya Bharat Agro Products Ltd Valuation Check

Poor

Price to Earnings (P/E)

35.79x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

15.10x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

74.76%

% shares held by company founders/management

Poor

FII Holding

0.67%

% shares held by foreign institutional investors

Poor

DII Holding

0.01%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Good

Profit Growth (Quarterly YoY)

16.84%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

1.61%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

58.81%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

49.33%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

49.34%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.56x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

5.29x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-718.34 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Madhya Bharat Agro Products Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MBAPL across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (31.50%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (19.40%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (15.05%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Consistent Growth Track Record (58.81% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (49.33% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (49.34% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (5.29x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (74.76%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Elevated Debt Levels (D/E: 1.56)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Negative Free Cash Flow (₹-718.34 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.68%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Madhya Bharat Agro Products Ltd vs Fertilizers Peers

Peer Comparison - Fertilizers

Compare Madhya Bharat Agro Products Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
50.4/100
160
₹5544.59
35.8
Average
31.50%
Excellent
19.40%
Good
1.6
Average
49.34%
Excellent
58.81%
Excellent
0.08%
50.5/100
2074
₹60656.87
31.3
Average
16.41%
Good
22.05%
Excellent
0.1
Excellent
7.80%
Good
17.29%
Excellent
0.53%
21.7/100
827
₹54855.30
-2.91%
Poor
4.93%
Poor
3.0
Poor
11.92%
Good
0.02%
51.9/100
439
₹18207.66
9.3
Average
20.42%
Excellent
25.51%
Excellent
0.1
Excellent
6.59%
Good
10.33%
Good
2.20%
31.4/100
147
₹14699.45
14.3
Average
18.89%
Good
17.13%
Good
1.0
Average
35.17%
Excellent
33.41%
Excellent
0.71%
43.2/100
127
₹7193.42
18.2
Average
8.02%
Poor
10.23%
Average
0.8
Good
0.79%
Average
17.41%
Excellent
1.01%
36.5/100
159
₹6368.87
9.5
Average
5.51%
Poor
7.16%
Poor
0.0
Excellent
9.99%
Good
7.47%
Good
3.13%
65.8/100
183
₹4247.56
21.6
Average
38.15%
Excellent
27.24%
Excellent
1.3
Average
55.87%
Excellent
66.74%
Excellent
0.07%
57/100
309
₹3909.81
24.2
Average
14.91%
Average
15.36%
Good
0.7
Good
17.27%
Excellent
4.21%
Average
0.45%
21.2/100
71
₹3620.49
17.1
Average
7.61%
Poor
9.09%
Poor
1.4
Average
-2.19%
Poor
12.56%
Good
2.11%
28/100
159
₹1922.99
-35.05%
Poor
-28.92%
Poor
0.3
Excellent
71.90%
Excellent
0.00%

Madhya Bharat Agro Products Ltd PE Ratio History

Historical price-to-earnings ratio for MBAPL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20242.84₹229.4480.8x
FY 202314.17₹295.6520.9x
FY 20223.25₹548.50168.6x
FY 20212.31₹175.2475.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Madhya Bharat Agro Products Ltd Dividend History

Annual cash dividends paid by MBAPL — dividend yield 0.08%

Financial YearDividends Paid (₹ Cr)
FY 20254.38 Cr
FY 20242.19 Cr
FY 20231.09 Cr
FY 20221.09 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Madhya Bharat Agro Products Ltd Quarterly Performance

Latest quarterly metrics for MBAPL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

1.61%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

16.84%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

58.81%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

49.34%

Compounded annual net profit growth over 5 years

Madhya Bharat Agro Products Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MBAPL — calculated from daily price history

72RSI 14
Overbought — RSI 72

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
397
▼ Price below SMA 50 — Short-term bearish
SMA 200
437
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1368K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Madhya Bharat Agro Products Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Madhya Bharat Agro Products Ltd (MBAPL) — sourced from NSE/BSE filings.

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Fetching financial data for Madhya Bharat Agro Products Ltd

About MBAPL (Madhya Bharat Agro Products Ltd)

Madhya Bharat Agro Products Ltd is a pioneering force in India's fertilizer industry, dedicated to enriching the nation's agricultural landscape with innovative and high-quality nu...trient solutions. Since its inception, the company has been committed to empowering farmers with a comprehensive range of fertilizers designed to optimize crop yields and promote sustainable agricultural practices. MBAPL's foundation rests on the principles of research, development, and a deep understanding of the diverse soil conditions and crop requirements across India. This commitment has enabled them to cultivate a strong reputation for providing effective and reliable solutions that cater to the specific needs of farmers, ensuring healthier crops and a bountiful harvest. MBAPL's extensive product portfolio encompasses a diverse range of fertilizers, meticulously formulated to deliver essential nutrients to plants at every stage of growth. From foundational nutrients like nitrogen, phosphorus, and potassium (NPK) to specialized micronutrient blends and organic supplements, the company offers a holistic approach to plant nutrition. Their offerings include fortified fertilizers that address specific soil deficiencies, enhancing nutrient uptake and maximizing crop potential. In addition to their established fertilizer lines, MBAPL continuously explores new and innovative solutions, including bio-fertilizers and sustainable nutrient management practices, to promote environmentally responsible agriculture. This dedication to progress positions them as a forward-thinking leader in the industry. At the heart of MBAPL's success lies its unwavering commitment to quality and customer satisfaction. Through rigorous quality control measures and advanced manufacturing processes, the company ensures that every product meets the highest standards of purity, consistency, and efficacy. MBAPL's team of agricultural experts provides personalized guidance and support to farmers, empowering them with the knowledge and tools they need to make informed decisions about nutrient management. With a strong distribution network and a customer-centric approach, Madhya Bharat Agro Products Ltd is committed to serving the agricultural community and contributing to the growth and prosperity of Indian agriculture.

Company Details

Symbol:MBAPL
Industry:Fertilizers
Sector:Fertilizers

Key Leadership

Mr. Pankaj Kumar Ostwal
MD & Director
Mr. Sourabh Gupta
CFO & Whole Time Director
Ms. Pallavi Sukhwal
Compliance Officer & Company Secretary

Corporate Events

Recent
Ex-Dividend Date

MBAPL Share Price: Frequently Asked Questions

What is the current share price of Madhya Bharat Agro Products Ltd?

Madhya Bharat Agro Products Ltd (MBAPL) trades at ₹160.20 on NSE. Market cap ₹5.54K (Cr). Educational data only.

What is the P/E ratio of Madhya Bharat Agro Products Ltd?

Madhya Bharat Agro Products Ltd has a P/E of 35.79x vs industry average 15.10x.

What is the Bull Run score for Madhya Bharat Agro Products Ltd?

Madhya Bharat Agro Products Ltd has a Bull Run score of 50.4/100 based on 25+ financial parameters.

Does Madhya Bharat Agro Products Ltd pay dividends?

Madhya Bharat Agro Products Ltd has a dividend yield of 0.08%. Past dividends don't guarantee future payments.

What is the ROE of Madhya Bharat Agro Products Ltd?

Madhya Bharat Agro Products Ltd has ROE of 31.50%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Madhya Bharat Agro Products Ltd?

Madhya Bharat Agro Products Ltd has debt-to-equity of 1.56.

Is Madhya Bharat Agro Products Ltd a good investment?

Bull Run gives Madhya Bharat Agro Products Ltd a score of 50.4/100. This is not investment advice — consult a SEBI-registered advisor.