₹131.6
▲ +5.05 +3.99%
17 Jul 2026
NSE Listed
Madhya Bharat Agro P. Ltd. (MBAPL)
Volume: 9,62,815Avg Vol 1W: 12,79,916.6Avg Vol 1M: 9,45,245.0552W Range:₹74.63₹610.9
Key Ratios
Checked 19h agoMarket Cap₹5,545 Cr
Current Price₹131.6
Previous Close₹126.55
High / Low (52w)₹610.9 / ₹74.63
Volume9,62,815
Avg Vol (1W)12,79,916.6
Avg Vol (1M)9,45,245.05
Stock P/E36.9
Book Value₹12.55
Dividend Yield8%
ROE27.32%
ROA9.21%
Revenue (TTM)₹1,070 Cr
Revenue Growth—
Profit Margin8.27%
Total Debt—
Shares Outstanding44 Cr
Face Value₹10
EPS (TTM)₹3.43
P/B10.09
Debt / Equity0.81
50 DMA₹450.94
200 DMA₹447.9
Day change+3.99%
Price Chart
₹131.6▼ 69.82% · 1Y
2025-07-162026-07-15
20-day avg volume: 9.5L shares
Pros
- Healthy return on equity of 27.3%.
- Pays a dividend yield of 8.0%.
- Company is almost debt-free.
Cons
- Revenue fell 23% YoY.
Quarterly Results
| Metric | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹278 Cr | ₹284 Cr | ₹297 Cr | ₹410 Cr | ₹450 Cr | ₹612 Cr | ₹395 Cr | ₹416 Cr |
| EBITDA | ₹29 Cr | ₹32 Cr | ₹34 Cr | ₹51 Cr | ₹54 Cr | ₹60 Cr | ₹41 Cr | ₹59 Cr |
| Net Profit | ₹14 Cr | ₹18 Cr | ₹14 Cr | ₹28 Cr | ₹30 Cr | ₹32 Cr | ₹60 Cr | ₹33 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹90 Cr | ₹116 Cr | ₹131 Cr | ₹186 Cr | ₹492 Cr | ₹987 Cr | ₹828 Cr | ₹1,070 Cr |
| EBITDA | ₹12 Cr | ₹19 Cr | ₹25 Cr | ₹32 Cr | ₹89 Cr | ₹193 Cr | ₹79 Cr | ₹123 Cr |
| Net Profit | ₹5 Cr | ₹11 Cr | ₹15 Cr | ₹20 Cr | ₹57 Cr | ₹124 Cr | ₹25 Cr | ₹57 Cr |
| EPS | 2.33 | 5.22 | 6.77 | 9.24 | 26.03 | 14.17 | 2.84 | 6.56 |
Balance Sheet
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹152 Cr | ₹160 Cr | ₹189 Cr | ₹264 Cr | ₹439 Cr | ₹743 Cr | ₹804 Cr | ₹946 Cr |
| Total Liabilities | ₹45 Cr | ₹43 Cr | ₹59 Cr | ₹115 Cr | ₹234 Cr | ₹415 Cr | ₹453 Cr | ₹542 Cr |
| Equity | ₹107 Cr | ₹117 Cr | ₹130 Cr | ₹149 Cr | ₹205 Cr | ₹328 Cr | ₹351 Cr | ₹404 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating | ₹35 Cr | ₹-57 Cr | ₹-39 Cr | ₹157 Cr | ₹112 Cr |
| Investing | ₹-56 Cr | ₹-13 Cr | ₹-65 Cr | ₹-92 Cr | ₹-92 Cr |
| Financing | ₹25 Cr | ₹85 Cr | ₹141 Cr | ₹-61 Cr | ₹-4 Cr |
| Free Cash Flow | ₹35 Cr | ₹-57 Cr | ₹-39 Cr | ₹157 Cr | ₹112 Cr |
Shareholding
Promoter 74.76% Institutions 0.19% Public 25.06%
Efficiency & Working Capital
ROCE14.4%
Interest Coverage4.4
Dividend Payout—
Debtor Days88 d
Inventory Days58 d
Payable Days32 d
Cash Conversion Cycle113 d
Working Capital Days146 d
Shareholding Details
As of 2025-12-31
Promoter74.8%
FII0.2%
DII0%
Institutions0.2%
Public25.1%
Promoter Pledge0%
No. of Shareholders13,348
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Sept 2023 | Oct 2023 | Oct 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.3% | 74.2% | 74.2% | 74.5% | 74.5% | 74.4% | 74.5% | 74.6% | 74.6% | 74.6% | 74.6% | 74.8% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.1% | 0.4% | 0.2% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 25.7% | 25.8% | 25.8% | 25.5% | 25.5% | 25.6% | 25.5% | 25.4% | 25.4% | 25.3% | 24.9% | 25.1% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 8,836 | 9,476 | 9,476 | 10,227 | 10,121 | 10,111 | 10,433 | 9,718 | 8,966 | 11,822 | 12,546 | 13,348 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Ostwal Phoschem (india) Limited | Public Shareholding | 65.2% | 5.72 Cr |
| Visualize Tradecom Private Limited | Public Shareholding | 3.9% | 34,56,419 |
| Nirmala Realinfrastructure Private Limited | Public Shareholding | 3.3% | 28,51,412 |
| Ekta Jain | Shareholding of Promoter and Promoter Group | 3% | 26,47,360 |
| Suswani Textile Pvt Ltd | Public Shareholding | 2.9% | 25,20,865 |
| Swastik Clothtex Private Limited | Public Shareholding | 2.1% | 18,03,494 |
| Praveen Ostwal | Shareholding of Promoter and Promoter Group | 1.5% | 13,30,800 |
| Mahendra Garg | Public Shareholding | 1.2% | 10,90,500 |
| Arham Suitings Pvt Ltd | Public Shareholding | 1.1% | 9,31,351 |
| Shashi Ashok Jain | Public Shareholding | 1% | 9,11,468 |
| Pankaj Ostwal | Shareholding of Promoter and Promoter Group | 0.9% | 8,26,574 |
| Pankaj Ostwal Huf . | Shareholding of Promoter and Promoter Group | 0.3% | 2,60,480 |
| Mahendra Kumar Ostwal | Shareholding of Promoter and Promoter Group | 0.3% | 2,24,417 |
| Ashok Kumar Parakh | Shareholding of Promoter and Promoter Group | 0.1% | 83,735 |
| Ashokkumar Haraklal Jain | Shareholding of Promoter and Promoter Group | 0.1% | 43,178 |
| Navin Jain | Shareholding of Promoter and Promoter Group | 0% | 22,255 |
| Praveen Ostwal Huf . | Shareholding of Promoter and Promoter Group | 0% | 24,000 |
| Nitu Jain | Shareholding of Promoter and Promoter Group | 0% | 20,955 |
| Mahendra Kumar Ostwal Huf . | Shareholding of Promoter and Promoter Group | 0% | 13,000 |
| Rajendra Prasad Ostwal | Shareholding of Promoter and Promoter Group | 0% | 150 |
| Kavita Harshad Kachhara | Shareholding of Promoter and Promoter Group | 0% | 100 |
| Pehal Ostwal | Shareholding of Promoter and Promoter Group | 0% | 1,400 |
| Meena Devi Parakh | Shareholding of Promoter and Promoter Group | 0% | 3,043 |
| Suryansh Ostwal | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Kavya Ostwal | Shareholding of Promoter and Promoter Group | 0% | 0 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Pankaj Ostwal Huf . | 0 | 0% | 2025-12-31 |
| Mahendra Kumar Ostwal | 0 | 0% | 2025-12-31 |
| Pankaj Ostwal | 0 | 0% | 2025-12-31 |
| Mahendra Kumar Ostwal Huf . | 0 | 0% | 2025-12-31 |
| Rajendra Prasad Ostwal | 0 | 0% | 2025-12-31 |
| Praveen Ostwal | 0 | 0% | 2025-12-31 |
| Praveen Ostwal Huf . | 0 | 0% | 2025-12-31 |
| Ashokkumar Haraklal Jain | 0 | 0% | 2025-12-31 |
| Ekta Jain | 0 | 0% | 2025-12-31 |
| Navin Jain | 0 | 0% | 2025-12-31 |
| Pehal Ostwal | 0 | 0% | 2025-12-31 |
| Meena Devi Parakh | 0 | 0% | 2025-12-31 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Mahendra Kumar Ostwal | Chairman & Non Executive Dir. | 2025 |
| PANKAJ OSTWAL | Managing Director | 2025 |
| SOURABH GUPTA | Whole Time Director & CFO | 2025 |
| PRAVEEN OSTWAL | Non Executive Director | 2025 |
| Gopal Inani | Independent Non Exe. Director | 2025 |
| PARAS MAL SURANA | Independent Non Exe. Director | 2025 |
| Shruti Babel | Independent Non Exe. Director | 2025 |
| Bheru Lal Ostwal | Independent Non Exe. Director | 2025 |
| Pallavi Sukhwal | Company Sec. & Compli. Officer | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Manufacturing of Fertilisers | ₹459 Cr | 93.4% |
| Manufacturing of Chemicals | ₹33 Cr | 6.6% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 110 | 88 | 88 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| forthcoming | 2026-07-14 | Board Meetings | — |
| split | 2026-07-03 | 1:5 | face value change from 10 to 2 |
| dividend | 2026-06-17 | ₹0.5 (5.0%) | Final |
| dividend | 2026-06-17 | ₹0.5 (5%) | Final |
| dividend | 2025-08-26 | ₹0.5 (5%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 11 | 298 | 434 |
| 2025 | 0 | 0 | 0 | 3 | 111 | 214 |
| 2025 | 0 | 0 | 0 | 5 | 0 | 5 |
Company Information
Incorporated1997
ChairmanMahendra Kumar Ostwal
AuditorAshok Kanther & Associates
Investor Email[email protected]
📍 5-O-21 Basement, R C Vyas Colony, Bhilwara, Rajasthan, 311001
Technical AnalysisPremium
Technical analysis (Premium)
Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.
More stocks
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search