Madhya Bharat Agro Products Ltd. (MBAPL) AI Stock Analysis

• Market Cap: ₹39.23B
• Dividend Yield: 0.12%
• Average Volume (3M): 196.85K
• Price to Earnings (P/E): 43.2
• Beta (1Y): 0.52
• Revenue Growth: 65.92%
• EPS Growth: 224.35%
• Country: IN
• Employees: 308
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Inputs
• EPS (TTM): 3.22
• Shares Outstanding: 87,626,940
• 10 Day Avg. Volume: 263,431
• 30 Day Avg. Volume: 196,853
• PEG Ratio: 0.34
• Price to Book (P/B): 6.24
• Price to Sales (P/S): 2.38
• P/FCF Ratio: -213.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: ₹425.00 ▲(4.04% Upside)

The overall stock score of 58 reflects strong financial performance with growth potential, but is tempered by high valuation and bearish technical indicators. The company's leverage and cash flow volatility are key risks, while the lack of earnings call data and corporate events limits additional insights.

Madhya Bharat Agro Products Ltd. Business Overview & Revenue Model

Company Description

Madhya Bharat Agro Products Ltd. (MBAPL) is a prominent player in the agro-based industry in India, specializing in the production and distribution of a diverse range of agricultural products. The company operates primarily in sectors such as food processing, agro-chemicals, and fertilizers, focusing on enhancing agricultural productivity and sustainability. MBAPL's core products include various types of grains, pulses, and oilseeds, as well as organic and inorganic fertilizers, catering to the needs of farmers and agricultural businesses across the region.

How the Company Makes Money

MBAPL generates revenue through multiple streams, primarily from the sale of its agricultural products, including grains, pulses, and fertilizers. The company employs a direct sales model, distributing its products to farmers, cooperatives, and agricultural businesses, which enables it to maintain strong market penetration. Additionally, MBAPL engages in export activities, tapping into international markets for its products, which enhances its revenue base. Strategic partnerships with local farmers and agricultural organizations play a crucial role in ensuring a steady supply chain and customer loyalty, further contributing to the company's earnings. The company's focus on innovation and sustainability also positions it favorably in the growing organic market segment, allowing it to attract premium pricing for its organic products.

Madhya Bharat Agro Products Ltd. Financial Statement Overview

Summary

Madhya Bharat Agro Products Ltd. shows strong revenue growth and operational efficiency. However, increased leverage and volatile cash flows pose risks. Investment in growth is evident, but cash management needs improvement.

Income Statement

Madhya Bharat Agro Products Ltd. has shown strong revenue growth over the years, particularly between 2022 and 2025. The gross profit margin has generally improved, indicating efficient cost management. However, there was a dip in net income in 2025 compared to 2023, impacting the net profit margin. The company maintains healthy EBIT and EBITDA margins, signalling robust operational performance.

Balance Sheet

The company's debt-to-equity ratio has increased over time, suggesting higher leverage. However, the equity ratio is stable, indicating a strong asset base relative to liabilities. Return on equity has been positive, reflecting effective use of shareholders' funds despite the increased debt levels.

Cash Flow

Cash flows have been volatile, with negative free cash flow in recent years due to high capital expenditures. This indicates potential investment in growth but also highlights cash flow management challenges. The operating cash flow to net income ratio shows variability, suggesting fluctuations in converting profits into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.69B	10.59B	4.93B	5.08B	2.83B	1.31B
Gross Profit	3.57B	3.39B	-1.25B	-2.23B	-780.05M	23.65M
EBITDA	1.81B	1.57B	1.08B	2.13B	1.07B	416.21M
Net Income	741.96M	574.76M	248.45M	1.24B	570.20M	202.42M
Balance Sheet
Total Assets	0.00	9.46B	8.04B	7.43B	4.39B	2.64B
Cash, Cash Equivalents and Short-Term Investments	118.78M	206.09M	118.75M	212.68M	82.37M	4.69M
Total Debt	0.00	3.18B	2.90B	3.23B	1.64B	703.22M
Total Liabilities	-4.04B	5.42B	4.53B	4.14B	2.34B	1.15B
Stockholders Equity	4.04B	4.04B	3.51B	3.28B	2.05B	1.49B
Cash Flow
Free Cash Flow	0.00	-118.12M	437.99M	-1.40B	-851.74M	-262.15M
Operating Cash Flow	0.00	962.07M	1.49B	-700.40M	-719.30M	297.59M
Investing Cash Flow	0.00	-919.77M	-936.48M	-653.14M	-130.62M	-559.94M
Financing Cash Flow	0.00	-42.25M	-613.63M	1.41B	848.20M	254.68M

Madhya Bharat Agro Products Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 408.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MBAPL, the sentiment is Negative. The current price of 408.5 is below the 20-day moving average (MA) of 425.88, below the 50-day MA of 421.82, and above the 200-day MA of 353.94, indicating a neutral trend. The MACD of -3.15 indicates Positive momentum. The RSI at 42.37 is Neutral, neither overbought nor oversold. The STOCH value of 6.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MBAPL.

Madhya Bharat Agro Products Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOODLUCK	―	₹41.27B	24.14	―	0.32%	11.91%	9.18%
GOKULAGRO	―	₹50.62B	19.15	―	―	28.64%	60.54%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
HONDAPOWER	―	₹27.06B	36.93	―	1.20%	-12.81%	-19.89%
MBAPL	―	₹39.23B	43.20	―	0.12%	65.92%	224.35%
GLOBUSSPR	―	₹33.47B	131.88	―	0.24%	4.34%	-65.65%

Madhya Bharat Agro Products Ltd. Corporate Events

Madhya Bharat Agro Products Ltd. Releases Q2 FY26 Financial Results

Madhya Bharat Agro Products Ltd. has released its financial results presentation for the second quarter of the fiscal year 2025-26. This announcement, in accordance with regulatory requirements, provides insights into the company’s financial performance and is available on their website, potentially impacting stakeholders’ understanding of the company’s current market positioning and operational strategies.

Madhya Bharat Agro Products Ltd. Plans Major Fundraising and Leadership Reappointments

Madhya Bharat Agro Products Ltd. has announced plans to seek shareholder approval for issuing securities up to ₹1,000 Crore to support its future growth and funding needs, superseding a previous resolution for ₹200 Crore. Additionally, the company plans to reappoint Mrs. Shruti Babel as an Independent Director and Mr. Sourabh Gupta as a Whole Time Director and CFO, both for five-year terms, subject to shareholder approval at the upcoming Annual General Meeting. The board also appointed a scrutinizer for e-voting and set dates for the AGM and dividend record date.

Madhya Bharat Agro Products Ltd. Plans Major Fundraising and Leadership Reappointments

Madhya Bharat Agro Products Ltd. has announced significant developments following its recent board meeting. The board has approved seeking shareholder approval for issuing further securities up to ₹1,000 Crore, enhancing the previous limit of ₹200 Crore, to support future fund-raising and business growth plans. Additionally, the board has proposed the reappointment of Mrs. Shruti Babel as an Independent Director and Mr. Sourabh Gupta as a Whole Time Director and CFO, both for five-year terms, subject to shareholder approval. The company has also appointed Mr. Sourabh Bapna as the scrutinizer for the e-voting process and NSDL for facilitating e-voting, with the Annual General Meeting scheduled for September 2, 2025.