TickerSutra

NSE: MBAPL · ISIN INE900L01028

Madhya Bharat Agro Products Limited stock analysis

Madhya Bharat Agro Products Limited ranks #3605 in the TickerSutra evidence-ranked universe with a score of 39/100 and 95% data confidence. The latest captured fundamentals show ROCE of 19.3%, quarterly sales growth of 1.6% and quarterly profit growth of 16.8%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE39/100

Avoid / exit review

#3605 of 5,430 ranked equities
Market capitalisation₹7,201.62cr
ROCE19.3%
Quarterly sales growth1.6%
Quarterly profit growth16.8%
P/E ratio46.5×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • 23.9% three-year sales CAGR
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×
  • CFO/EBITDA is below 0.6×
  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹490cr₹107cr₹57cr22.0%
2023₹981cr₹210cr₹124cr21.0%
2024₹815cr₹96cr₹25cr12.0%
2025₹1,058cr₹145cr₹57cr14.0%
2026₹1,866cr₹227cr₹150cr12.0%
TTM₹1,874cr₹235cr₹155cr13.0%
Debt / equity1.56×
CFO / EBITDA-0.56×
Operating margin13.0%
Free cash flow₹-524cr
Sales CAGR · 3Y23.9%
Profit CAGR · 3Y6.6%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

1 positive catalysts0 negative catalysts6 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory updatesLow severity · 8 mentions
Watch

The Code of Conduct is available on www.mbapl.com 6. Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery of essential services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action taken by regulatory authorities on safety of products / services. Provide the following information relating to data breaches:

Regulatory approvalLow severity · 1 mention
Watch

Whether your entity’s policy/policies cover each principle and its core elements of the NGRBCs. Has the policy been approved by the Board? Web Link of the Policies, if available www.mbapl.com 2.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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