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Madhya Bharat Agro Products Ltd.
(MBAPL)
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Rating:57Neutral
Price Target:
₹170.00
▲(14.67% Upside)
Action:Reiterated
Date:07/28/26
The score is primarily held back by financial quality and funding risk—negative operating/free cash flow alongside a sharp increase in leverage and lower gross margin—despite strong recent revenue growth and positive reported profitability. Technicals are a key offset, with price well above all major moving averages, while valuation is mixed due to a high P/E tempered by a strong dividend yield.
Positive Factors
Revenue Growth
Strong 2026 revenue acceleration indicates improved demand, market reach, or customer adoption. Sustained top-line expansion can support operating leverage and strengthen the company’s competitive position over the next several quarters.
Negative Factors
Margin Compression
The sharp gross-margin decline raises concern about input costs, pricing power, or product mix. Persistent compression would reduce operating leverage and could prevent strong revenue growth from translating into proportional profit and cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong 2026 revenue acceleration indicates improved demand, market reach, or customer adoption. Sustained top-line expansion can support operating leverage and strengthen the company’s competitive position over the next several quarters.
Read all positive factors
Madhya Bharat Agro Products Ltd. (MBAPL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹71.01B
Dividend Yield0.06%
Average Volume (3M)1.02M
Price to Earnings (P/E)47.1
Beta (1Y)0.42
Revenue Growth47.70%
EPS Growth108.83%
CountryIN
Employees396
SectorGeneral
Sector StrengthN/A
IndustryAgricultural Inputs
Share Statistics
EPS (TTM)3.53
Shares Outstanding438,134,700
10 Day Avg. Volume880,538
30 Day Avg. Volume1,018,680
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)7.34
Price to Sales (P/S)2.16
P/FCF Ratio-7.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Madhya Bharat Agro Products Ltd. Business Overview & Revenue Model
Company Description
Operating within India, Madhya Bharat Agro Products Limited specializes in the production and sale of diverse fertilizers and chemical compounds. Its comprehensive offerings feature beneficiated rock phosphate, sulphuric acid, single super phospha...
How the Company Makes Money
null...
Madhya Bharat Agro Products Ltd. Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.74B | 18.67B | 10.59B | 4.93B | 5.08B | 2.83B |
| Gross Profit | 4.58B | 4.21B | 3.39B | -1.70B | -2.23B | -780.05M |
| EBITDA | 2.49B | 2.27B | 1.57B | -2.16B | -2.63B | -1.02B |
| Net Income | 1.55B | 1.50B | 574.76M | 248.45M | 1.24B | 570.20M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 16.82B | 9.46B | 8.04B | 7.43B | 4.39B |
| Cash, Cash Equivalents and Short-Term Investments | 417.00K | 248.21M | 467.00K | 118.75M | 212.68M | 82.37M |
| Total Debt | 0.00 | 8.56B | 3.18B | 2.90B | 3.23B | 1.64B |
| Total Liabilities | -5.50B | 11.33B | 5.42B | 4.53B | 4.14B | 2.34B |
| Stockholders Equity | 5.50B | 5.50B | 4.04B | 3.51B | 3.28B | 2.05B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -5.58B | -118.12M | 437.99M | -1.40B | -851.74M |
| Operating Cash Flow | 0.00 | -1.60B | 962.07M | 1.49B | -700.40M | -719.30M |
| Investing Cash Flow | 0.00 | -3.73B | -919.77M | -936.48M | -653.14M | -130.62M |
| Financing Cash Flow | 0.00 | 5.33B | -42.25M | -613.63M | 1.41B | 848.20M |
Madhya Bharat Agro Products Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹17.89B | 14.08 | ― | 0.71% | 1.26% | -16.43% | |
65 Neutral | ₹45.89B | 17.00 | ― | 0.20% | -5.63% | -11.38% | |
57 Neutral | ₹71.01B | 47.06 | ― | 0.07% | 47.70% | 108.83% | |
57 Neutral | ₹40.82B | 19.00 | ― | 1.37% | 4.41% | 24.42% | |
56 Neutral | ₹362.61B | 32.10 | ― | 0.49% | -16.57% | -27.71% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹15.88B | 14.81 | ― | 0.50% | 17.05% | 9.10% |
* General Sector Average
IN:MBAPL
Madhya Bharat Agro Products Ltd.
166.12
84.71
104.06%
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-35.70%
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138.05
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Madhya Bharat Agro Products Ltd. Corporate Events
Madhya Bharat Agro Products Files SEBI Compliance Certificate, Reports No Demat Requests
Jul 9, 2026
Madhya Bharat Agro Products Ltd. has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 30 June 2026, as required by the National Stock Exchange of India. ...
Madhya Bharat Agro Products to Join Samruddhi Season 3 Virtual Investor Conference
Jun 6, 2026
Madhya Bharat Agro Products will participate in the Samruddhi Season 3 – Nav-Bharat ka Caravan Virtual Investor–Company Connect Conference organized by Hem Securities on June 15, 2026, through a virtual group meeting for institutional ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.