MBAPL
Madhya Bharat Agro Products Limited
NSELast Traded Price
₹163.9
1.12 (0.69%)
Open
₹164.25
High
₹164.66
Low
₹160.66
Prev Close
₹162.78
Industry
Fertilizers
Market Cap
7181.03 Cr
Filing History
Recent corporate announcements and filings for MBAPL
Governance
Neutral
2026-08-28 12:07
- EGM held on August 28, 2026, through Video Conferencing/Other Audio-Visual Means.
- Members considered special resolutions including the issuance of Equity Shares to the "Non-Promoter" Category on a Preferential Basis.
- An amendment in the Main Object Clause of the Memorandum of Association of the Company was also considered.
- Voting results will be submitted by the Scrutinizer within two working days.
Governance
Positive
2026-08-19 17:08
- Corrigendum issued to the Notice of Extra-ordinary General Meeting (EGM) scheduled for August 28, 2026, concerning a preferential issue of equity shares.
- The proposed allottee "Suruchi Foods Private Limited" has been removed, and the resultant equity shares are now proposed to be allotted to "Paras Giri Ventures Private Limited".
- The total issue proceeds of ₹317.4775 Crores will be utilized for Capital Expenditure (₹50 Cr), Working Capital (₹192.4775 Cr), and General Corporate Purposes (₹75 Cr).
- No change in the size, price, or other terms of the preferential issue, and no change in control or management of the Company is contemplated.
Governance
Positive
2026-08-01 16:16
- EGM scheduled for August 28, 2026, at 11:00 AM (IST) via VC/OAVM.
- To approve preferential issue of up to 2.19 Cr equity shares at ₹145 each to non-promoters, raising ₹317.47 Cr.
- Also to amend Main Object Clause for business expansion into areas like chemicals, fertilizers, and renewable energy.
Governance
Neutral
2026-07-29 16:33
- The Extra Ordinary General Meeting (EGM) of Madhya Bharat Agro Products Limited will be held on Friday, August 28, 2026, at 11:00 AM (IST) through Video Conferencing/OAVM.
- The remote e-voting facility will be available from August 24, 2026 (9:00 AM IST) to August 27, 2026 (5:00 PM IST).
- The cut-off date for determining remote e-voting entitlement is August 21, 2026.
Governance
Positive
2026-07-29 16:23
- Board approved raising ₹317.48 Cr via preferential allotment of 2.19 Cr equity shares at ₹145/share to non-promoters.
- Amendments to MOA object clause for business expansion were also approved.
- An EGM for shareholder approval is scheduled for August 28, 2026.
Business Update
Positive
2026-07-20 18:12
- Q1 FY27 revenue ₹416 crore. EBITDA grew 16% YoY to ₹66 crore, PAT grew 17% YoY to ₹33 crore despite challenging raw material environment.
- Expect significant improvement in performance from Q3 FY27 onwards as raw material issues resolve and capacity expansion comes online.
- Dhule complex expansion to add 330,000 MTPA DAP-NPK and 99,000 MTPA phosphoric acid by October 2026.
- Final phase of Dhule expansion by October 2027 to add further 330,000 MTPA DAP-NPK, 66,000 MTPA phosphoric acid, and 396,000 MTPA sulfuric acid.
- Targeting ~60% capacity utilization for new Dhule NPK/DAP plant and ~90% for existing facilities.
- Expect more than a 50% increase in turnover in coming months, with revenue witnessing a quantum jump for FY27.
- Reaffirmed confidence in achieving and outperforming FY27 revenue guidance and FY28 targets (₹3,500 Cr revenue, 15.6 lakh MT capacity).
- Completed 1:5 stock split and expanded product portfolio with new complex fertilizer grades.
Business Update
Neutral
2026-07-15 17:07
- Audio recording of the Q1 FY27 earnings conference call for the quarter ended June 30, 2026, held on July 15, 2026, at 4:00 P.M. (IST) is available on the company's website.
Financials
Positive
2026-07-14 17:59
- Result Presentation for Q1 FY27 (quarter ended June 30, 2026).
- Highlights strong 5-year CAGR: Revenue ▲59%, EBITDA ▲40%, PAT ▲49% (outperforming industry).
- Company is a leading fertilizer producer, expanding capacity to ~16 lakh MTPA.
Routine
Neutral
2026-07-14 10:29
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 10:09
New Filing detected. See link for details.
Business Update
Neutral
2026-07-10 15:43
- Concall Schedule
- Concall Date: July 15, 2026
- Concall Time: 4:00 P.M. IST
Business Update
Neutral
2026-07-09 18:25
- CRISIL Ratings has assigned/reaffirmed credit ratings for Madhya Bharat Agro Products Limited on July 09, 2026.
- Long-term rating: CRISIL A+/Watch Developing (Continues on "Rating Watch with Developing Implications").
- Short-term rating: CRISIL A1/Watch Developing (Continues on "Rating Watch with Developing Implications").
- Total bank loan facilities rated are ₹2006.6 Crore, enhanced from ₹885 Crore.
Governance
Neutral
2026-06-25 18:28
- The 29th Annual General Meeting (AGM) of Madhya Bharat Agro Products Ltd was held on June 24, 2026, at 11:00 AM via Video Conferencing.
- The company submitted the voting results and consolidated scrutinizer's report for the AGM.
- Resolutions, including the adoption of financial statements for the fiscal year ended March 31, 2026, and the declaration of dividend for FY 2025-26, were passed.
Ownership
Neutral
2026-06-25 15:26
- Trading window for Designated Persons will close from July 01, 2026.
- It will remain closed until 48 hours after the announcement of unaudited Financial Results for the quarter ended June 30, 2026.
- The date of the board meeting to approve the results will be informed in due course.
Governance
Positive
2026-06-24 12:25
- Board of Directors approved a sub-division/split of equity shares, converting 1 (One) Equity Share of face value Rs. 10/- into 5 (Five) Equity Shares of face value Rs. 2/- each.
- The Record Date for this sub-division is Friday, 3rd July 2026.
Governance
Neutral
2026-06-24 12:10
- Shareholders at the 29th AGM on June 24, 2026, approved the continuation of Shri Paras Mal Surana as Non-Executive Independent Director post attaining 75 years of age.
- He will continue his directorship from July 8, 2027.
Governance
Positive
2026-06-24 11:49
- The 29th Annual General Meeting was held on June 24, 2026, adopting audited financial statements for FY 2025-26 with no adverse remarks.
- Members approved the declaration of dividend for FY 2025-26.
- Approved increase in borrowing powers and limits for creating charge/security up to ₹2500 Crores.
- Approved sub-division/split of 1 equity share of ₹10/- face value into 5 equity shares of ₹2/- face value.
- Approved raising of funds through issuance of securities.
Business Update
Neutral
2026-06-15 18:34
- Company held an Analysts'/Investors' meeting on June 15, 2026, as previously intimated.
- The virtual group meeting was conducted with Analyst(s)/Investor(s) from 11:00 A.M. to 12:00 P.M.
- No Unpublished Price Sensitive Information (UPSI) was shared during the interactions.
Business Update
Neutral
2026-06-06 16:24
- Investor Meeting Schedule
- Meeting Date: June 15, 2026
- Meeting Time: 11:00 A.M. to 12.00 P.M. IST
- Event: Samruddhi Season 3 - Nav-Bharat ka Caravan Virtual Investor-Company Connect Conference
- Organized by: Hem Securities Limited
- Mode: Virtual Group Meet
Business Update
Positive
2026-05-29 17:32
Madhya Bharat Agro Products Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-2026 on May 29, 2026. The report details the company's commitment to ESG principles, sustainable business practices, including water and waste management, employee well-being, and strong corporate governance. It highlights initiatives to mitigate environmental and social risks while fostering a responsible business ecosystem.
Governance
Positive
2026-05-29 16:03
Madhya Bharat Agro Products Limited will hold its 29th Annual General Meeting (AGM) on June 24, 2026, to adopt financial statements for FY 2025-26 and declare a dividend of ₹0.50 per share (5%). Key proposals include a 1:5 stock split, converting one ₹10 face value share into five ₹2 face value shares. The company also seeks approval to increase borrowing powers to ₹2,500 Crores and to raise funds up to ₹1,000 Crores through various securities.
Governance
Positive
2026-05-26 16:45
Madhya Bharat Agro Products Ltd. has fixed Wednesday, June 17, 2026, as the record date for determining eligible members for the final dividend, if declared for FY 2025-26, and for e-voting at the 29th Annual General Meeting. Remote e-voting will commence on June 20, 2026, and conclude on June 23, 2025.
Governance
Neutral
2026-05-26 16:40
Madhya Bharat Agro Products Limited announced its 29th Annual General Meeting (AGM) will be held on Wednesday, June 24, 2026, at 11:00 A.M. (IST) through Video Conferencing / Other Audio-Visual Means. The Notice of the AGM and Annual Report for the financial year ended March 31, 2026, will be sent to shareholders and made available on the company's website.
Business Update
Positive
2026-05-26 16:34
The Board approved increasing borrowing and charge creation limits to ₹2,500 Crores each and a stock split of 1 equity share of ₹10 into 5 shares of ₹2 to enhance liquidity and broaden the investor base. It also decided to seek fresh shareholder approval for issuing securities up to ₹1,000 Crores for future growth and fixed June 17, 2026, as the record date for the final dividend. The 29th Annual General Meeting is scheduled for June 24, 2026.
Business Update
Positive
2026-05-26 16:34
The Board approved increasing borrowing and mortgage creation powers to ₹2500 Crores each. It also approved a 1:5 stock split (face value ₹10 to ₹2) to enhance liquidity and approved seeking fresh shareholder approval to issue securities up to ₹1000 Crores for future expansion and growth strategy, superseding an earlier unpursued plan due to market conditions. Additionally, it recommended the continuation of Independent Director Mr. Paras Mal Surana and fixed June 17, 2026, as the record date for the final dividend.
Governance
Positive
2026-05-26 16:34
The Board approved a 1:5 share split (₹10 FV to ₹2 FV) to enhance liquidity and investor accessibility, subject to shareholder approval. It also approved increasing borrowing limits to ₹2500 Cr and will seek fresh shareholder approval to raise up to ₹1000 Cr for future growth, replacing a previous unpursued resolution. The continuation of Mr. Paras Mal Surana as an Independent Director was recommended, and the 29th AGM is set for June 24, 2026.
Governance
Positive
2026-05-26 16:34
The Board of Directors on May 26, 2026, approved increasing borrowing powers and creating charges up to ₹2500 Cr each, and Section 185 limits to ₹300 Cr. They also approved a 1:5 equity share sub-division (₹10 to ₹2 face value) to enhance liquidity and seek fresh shareholder approval for issuing securities up to ₹1000 Cr for business growth, superseding previous unpursued plans. The 29th AGM is set for June 24, 2026, with June 17, 2026, as the record date for final dividend and e-voting eligibility.
Business Update
Neutral
2026-05-20 13:31
Madhya Bharat Agro Products Limited informed about the outcome of a virtual group meeting held with Analysts/Investors on May 20, 2026, from 10:00 A.M. to 11:00 A.M. The company stated that only publicly available information was shared during these interactions and no Unpublished Price Sensitive Information (UPSI) was disclosed.
Business Update
Neutral
2026-05-15 15:22
Madhya Bharat Agro Products Limited announced its participation in Centrum's Nakshatra III Conference. The company will hold a virtual group meet with institutional investors/analysts on May 20, 2026, from 10:00 A.M. to 11:00 A.M. Discussions will be based on generally available information, and no unpublished price-sensitive information will be shared.
Routine
Neutral
2026-04-24 18:21
Madhya Bharat Agro Products Limited clarified on 24.04.2026 that it inadvertently missed filing a declaration confirming its Statutory Auditors provided an unmodified opinion on the Audited Financial Results for the year ended March 31, 2026. The declaration and the unmodified auditor's report are now submitted.