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Madhya Bharat Agro Products Limited (MBAPL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹53.6B

MB Madhya Bharat Agro Products Limited MBAPL · NSE
Price₹125.15
Fair Value₹41.61
Upside-66.8%
Quality47/100
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Evidence: High Range ₹28.23 – ₹155.96

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +16.0% over the past month.

Price vs Fair Value (12 months)

₹10,637 ₹75.67 Fair Value ₹41.61 Jul 2025 Jul 2026

12‑month range ₹75.67 – ₹10,637 · fair‑value band ₹28.23 – ₹155.96 · the ₹125.15 price screens above the ₹41.61 fair value. As of Jul 3, 2026.

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Analysis

Madhya Bharat Agro Products Limited (MBAPL) currently trades at ₹125.15, while our model-based Fair Value estimate is ₹41.61 — implying the stock looks roughly 66.8% overvalued today. We read business quality at 47/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Madhya Bharat Agro Products Limited generated revenue of ₹18.7B at a net margin of 8.0%. Revenue grew 35.2% year over year. It earns a return on equity of 31.5%. Net debt stands at ₹8.3B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹18.7B
Revenue growth (YoY) +35.2%
Net margin 8.0%
Return on equity 31.5%
Free cash flow −₹5.6B FY2026
P/E ratio 7.1
More key figures
Operating margin 9.2%
EPS (TTM) ₹17.14
Dividend yield 0.4%
EPS growth (YoY) +318%
Net debt ₹8.3B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Madhya Bharat Agro Products Limited manufactures and sells phosphatic fertilizers and industrial chemicals in India. The company offers single super phosphate (SSP); nitrogen, phosphate, and potassium (NPK) and di-ammonium phosphate (DAP) complex fertilizers; beneficiated rock phosphate; secondary nutrients, including casma products; supplements and organic products; sulphuric and phosphoric acid; granulated, boronated, zincated boronated magnesium, ZIBO, zincated, and urea SSP; muriate of potash and zincated APS; and sulphur bentonite, potash, and PROM products. It sells its products under the Bharat and Annadata brands. The company was incorporated in 1997 and is based in Bhilwara, India. Madhya Bharat Agro Products Limited is a subsidiary of Ostwal Phoschem (India) Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Madhya Bharat Agro Products Limited reported revenue of ₹18.7B in FY2026 versus ₹2.8B in FY2022, a compound +60.2%/yr. Reported net income was ₹1.5B in FY2026, compounding +27.4%/yr from FY2022.

Revenue +60.2%/yr
FY22 ₹2.8B
FY23 ₹5.1B
FY24 ₹4.9B
FY25 ₹10.6B
FY26 ₹18.7B
Net income +27.4%/yr
FY22 ₹570M
FY23 ₹1.2B
FY24 ₹248M
FY25 ₹575M
FY26 ₹1.5B

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Frequently asked questions

Is Madhya Bharat Agro Products Limited (MBAPL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹41.61 versus a price of ₹125.15 — about −67% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MBAPL?
Our model-based fair value for Madhya Bharat Agro Products Limited is ₹41.61 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹125.15.
What is the quality score of MBAPL?
Madhya Bharat Agro Products Limited has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Madhya Bharat Agro Products Limited (MBAPL)?
Madhya Bharat Agro Products Limited reported trailing-twelve-month revenue of about ₹18.7B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MBAPL?
The net profit margin of Madhya Bharat Agro Products Limited is about 8.0%, meaning it keeps roughly 8.0% of revenue as net income. Based on the latest reported figures.
Does Madhya Bharat Agro Products Limited pay a dividend?
Madhya Bharat Agro Products Limited currently shows a dividend yield of about 0.41% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.