Madhya Bharat Agro Products quarterly results and financials

Madhya Bharat Agro Products (MBAPL)₹197.69−0.57%(9 Nov 2026 close)Fertilizers

Key facts

In the Jun 2026 quarter (standalone), Madhya Bharat Agro Products reported sales of ₹417 Cr, up 1.4% from Jun 2025, and net profit of ₹32.97 Cr, up 17.7% year on year. For the year to Mar 2026, sales were ₹1,867 Cr and net profit ₹150 Cr.

Sales (Jun 2026): ₹417 Cr
Net profit (Jun 2026): ₹32.97 Cr
Sales (FY Mar 2026): ₹1,867 Cr
Net profit (FY Mar 2026): ₹150 Cr
EPS (Jun 2026): ₹0.76
Borrowings (Mar 2026): ₹854 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Madhya Bharat Agro Products quarterly results

₹ crore unless stated; each column is a quarter.

Madhya Bharat Agro Products Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	278	244	146	200	278	284	297	411	451	612	395	417
Expenses	238	226	132	167	242	244	261	353	388	546	353	350
Operating Profit	39.91	17.97	13.98	33.92	35.92	38.95	35.95	56.92	61.87	65.88	40.93	65.86
OPM %	15.0%	7.0%	10.0%	17.0%	13.0%	14.0%	11.9%	14.0%	13.9%	11.0%	10.0%	16.0%
Other Income	1.01	0.00	9.03	2.01	2.01	2.01	6.02	3.01	2.01	3.01	9.03	5.01
Interest	8.03	4.01	8.03	9.03	7.03	5.01	7.02	7.02	6.02	9.03	11.03	15.04
Depreciation	6.99	6.99	6.99	8.99	8.99	8.98	7.99	8.99	8.99	8.99	8.99	11.98
Profit before tax	25.91	6.98	7.98	17.93	22.93	26.92	26.93	43.88	48.80	50.81	30.90	43.82
Tax %	42.1%	80.1%	82.1%	36.1%	39.1%	34.1%	47.1%	36.1%	37.1%	37.1%	−95.0%	26.0%
Net Profit	14.99	1.01	0.99	10.99	13.99	17.99	14.01	28.01	29.98	31.99	59.97	32.97
EPS (Rs)	0.35	0.04	0.04	0.27	0.33	0.42	0.34	0.65	0.71	0.73	1.37	0.76

Madhya Bharat Agro Products profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Madhya Bharat Agro Products Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	65.09	82.04	90.03	107	129	185	491	981	816	1,059	1,867	1,875
Expenses	52.01	60.01	69.02	77.99	93.99	143	384	772	719	911	1,640	1,637
Operating Profit	11.97	20.96	20.95	28.93	34.95	41.92	107	210	95.85	145	227	235
OPM %	19.0%	26.0%	22.9%	27.9%	27.0%	23.0%	22.0%	20.9%	12.0%	13.9%	12.0%	12.5%
Other Income	0.00	4.01	0.00	0.00	0.00	0.00	0.00	5.02	11.03	11.03	17.05	19.06
Interest	3.01	5.01	5.02	4.02	3.01	4.02	8.02	16.05	26.11	28.09	32.09	41.12
Depreciation	3.99	6.99	7.99	9.99	9.98	8.99	17.97	21.97	28.97	33.94	36.94	38.95
Profit before tax	5.98	12.95	6.98	15.95	20.92	28.89	80.73	176	51.84	94.76	173	174
Tax %	−54.9%	11.1%	30.0%	27.1%	31.1%	29.1%	30.1%	29.1%	52.1%	39.1%	14.1%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01	—
Net Profit	9.01	12.01	4.99	10.99	15.01	19.98	57.02	124	24.98	57.03	150	155
EPS (Rs)	0.22	0.28	0.13	0.27	0.35	0.47	1.31	2.84	0.58	1.32	3.44	3.57
Dividend payout %	0.0%	9.0%	21.0%	10.0%	7.0%	5.0%	2.0%	2.0%	18.0%	8.0%	3.0%	—

Madhya Bharat Agro Products balance sheet

₹ crore, at each year end.

Madhya Bharat Agro Products Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17.93	21.92	21.91	21.93	21.93	21.92	21.92	21.91	43.83	87.63	87.63	87.68
Reserves	53.87	68.80	79.75	83.79	94.78	108	127	182	284	262	315	461
Borrowings	8.99	17.96	33.92	35.97	26.00	39.93	69.90	164	322	289	317	854
Other Liabilities	12.94	3.98	13.94	10.95	15.91	18.90	44.79	69.66	91.56	162	222	276
Total Liabilities	93.73	113	149	153	160	188	263	438	741	802	943	1,677
Fixed Assets	58.87	87.77	93.74	102	92.82	82.79	84.77	153	203	264	278	435
CWIP	5.98	0.00	8.98	8.99	8.98	30.93	74.88	1.99	0.00	13.97	73.85	276
Investments	0.99	0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	26.89	23.90	45.80	41.82	57.82	74.71	104	282	538	523	590	965
Inventories	9.01	6.01	18.02	14.03	21.02	33.05	53.10	158	214	207	167	361
Trade receivables	5.99	6.99	12.99	11.99	21.96	27.95	26.95	73.88	199	186	256	425
Cash & equivalents	1.01	1.01	0.00	0.00	0.00	1.01	0.00	8.03	21.06	12.03	12.04	25.06
Total Assets	93.73	113	149	153	160	188	263	438	741	802	943	1,677

Madhya Bharat Agro Products cash flow

₹ crore, for each year.

Madhya Bharat Agro Products Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	5.98	10.96	7.97	18.93	14.95	13.94	29.89	−71.75	−69.75	148	95.58	−126
Cash from investing activity	−3.01	−27.10	−17.07	−16.05	−1.01	−22.07	−56.21	−13.04	−65.22	−92.30	−92.32	−375
Cash from financing activity	−3.01	16.02	8.01	−3.01	−14.01	9.01	25.01	84.98	141	−61.08	−4.01	502
Net cash flow	−1.01	0.00	0.00	0.00	0.00	1.01	−1.01	0.00	6.03	−6.02	0.00	0.00
Capex	2.99	26.90	21.93	15.95	0.99	22.92	55.83	12.95	69.83	105	108	398
Free cash flow	2.99	−15.99	−13.99	2.99	13.99	−7.99	−25.97	−84.86	−140	42.99	−11.99	−523
CFO / OP %	103.9%	100.9%	48.0%	104.0%	61.9%	54.0%	82.9%	−54.1%	−19.1%	163.0%	77.0%	−43.1%

Madhya Bharat Agro Products ratios

Working-capital days and returns, by year.

Madhya Bharat Agro Products Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	33	40	57	48	76	79	54	55	74	83	88	83
Inventory days	74	58	204	130	159	210	214	200	125	136	85	96
Days payable	59	17	80	47	39	37	88	46	8	40	48	36
Cash conversion cycle	49	81	181	132	196	253	182	211	192	179	126	145
Working capital days	65	87	74	45	103	123	67	65	61	54	51	49
ROCE %	12.0%	9.0%	15.0%	9.0%	14.0%	16.0%	17.0%	30.0%	38.0%	12.0%	18.0%	19.0%

Madhya Bharat Agro Products: frequently asked questions

What are the latest quarterly results of Madhya Bharat Agro Products?

For the Jun 2026 quarter, Madhya Bharat Agro Products reported sales of ₹417 Cr, up 1.4% year on year and net profit of ₹32.97 Cr, up 17.7% year on year. The operating margin was 16.0%.

What is the annual revenue of Madhya Bharat Agro Products?

Madhya Bharat Agro Products' sales for the year to Mar 2026 were ₹1,867 Cr; over the last twelve months they were ₹1,875 Cr.

What is the net profit of Madhya Bharat Agro Products?

Net profit for the year to Mar 2026 was ₹150 Cr, and ₹155 Cr over the last twelve months. Earnings per share over the same trailing period were ₹3.57.

How much debt does Madhya Bharat Agro Products have?

Madhya Bharat Agro Products reported borrowings of ₹854 Cr at Mar 2026, against cash and equivalents of ₹25.06 Cr.

What is the free cash flow of Madhya Bharat Agro Products?

Cash from operations was −₹126 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹523 Cr.

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