Madhya Bharat Agro Products share price
NSE: MBAPLFertilizers & AgrochemicalsSmall Cap
Last close ₹159.77down ₹0.08 (0.05%)
Share price at the NSE close on 23 Oct 2026. Previous close ₹159.85.
52-week range of traded prices to 23 Oct 2026
₹76.56Low, 9 Dec 2025₹174.94High, 24 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹7,331 Cr833rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Jul 2026
- 47.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 17 Apr 2026
- 13.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.06%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Jul 2026
- 32.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Jul 2026
- 13.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 17 Apr 2026
- 1.56
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 8,36,65750.6% delivered
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 14 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹416 Crup 5.47%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹33 Crdown 44.84%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 7.9%
Revenue by year
Peak revenue ₹1,867 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 15 Oct | Dec 2024Filed 15 Jan | Mar 2025Filed 12 May | Jun 2025Filed 11 Jul | Sep 2025Filed 8 Oct | Dec 2025Filed 8 Jan | Mar 2026Filed 17 Apr | Jun 2026Filed 14 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 278 | 284 | 297 | 410 | 450 | 612 | 395 | 416 |
| Net profit | 14 | 18 | 14 | 28 | 30 | 32 | 60 | 33 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 5.0% | 6.3% | 4.8% | 6.9% | 6.8% | 5.2% | 15.1% | 7.9% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Fertilizer Chemical & Mineral benification, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 61% of 978 trading days over the last 5 years.
LowestHighest
Its median41.9Industry median11.6
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 96% of 743 trading days over the last 3 years.
LowestHighest
Its median7.3Industry median0.9
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.34.7
At or below today's level on 96% of 743 trading days over the last 3 years.
LowestHighest
Its median21.3Industry median7.9
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 25% of 1,239 trading days over the last 5 years.
LowestHighest
Its median0.11%Industry median1.30%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +64.0% | +161.3% | −37.3% | 0.1% |
| 3 years | +17.6% | +6.5% | +10.2% | 0.2% |
| 5 years | +79.7% | +49.3% | +20.2% | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual funds holding it
6 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 6
| Fund | |||
|---|---|---|---|
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 2,78,090 | 0.20% | ₹4.75 Cr |
 Groww Nifty Total Market Index FundGroww Mutual Fund | 1,817 | 0.01% | ₹0.03 Cr |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 303 | 0.01% | ₹51,700 |
 Mirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund | 250 | 0.01% | ₹43,000 |
 Bandhan Nifty Total Market Index FundBandhan Mutual Fund | 216 | 0.01% | ₹37,000 |
| Angel One Nifty Total Market ETFAngel One Mutual Fund | 211 | 0.01% | ₹36,000 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Fertilizers, 26 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Madhya Bharat Agro Products in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Coromandel InternationalCOROMANDEL | 50,691 | 27.7 | 4.0 | 16.0 | +23.5% | −18.9% | 15.5% | 18.4% | 0.64% |
 Fertilizers and Chemicals TravancoreFACT | 43,399 | – | 32.1 | 2,964.6 | +32.0% | −212.4% | −7.8% | −0.4% | 0.00% |
 Chambal Fertilizers & ChemicalsCHAMBLFERT | 14,582 | 7.6 | 1.4 | 5.4 | +15.6% | +10.2% | 20.2% | 21.1% | 3.02% |
 Paradeep PhosphatesPARADEEP | 13,872 | 12.9 | 2.0 | 8.9 | +47.0% | +33.6% | 19.7% | 13.7% | 1.12% |
 Gujarat State Fertilizers & ChemicalsGSFC | 5,380 | 7.8 | 0.4 | 6.3 | +29.2% | +7.9% | 5.7% | 5.1% | 3.70% |
 Rashtriya Chemicals and FertilizersRCF | 5,207 | 11.7 | 1.0 | 9.1 | +17.5% | +56.1% | 9.1% | 7.5% | 2.48% |
 National FertilizersNFL | 2,802 | 7.7 | 1.0 | 6.6 | +23.3% | +137.8% | 13.1% | 8.8% | 1.82% |
 Southern Petrochemicals Industries CorporationSPIC | 1,129 | 5.5 | 0.8 | 6.5 | −2.8% | +28.2% | 16.0% | 10.7% | 3.61% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹0.10 a share, years to Mar 2024, Mar 2025 and Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 17 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 26 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 13 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 18 Sep 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 16 Sep 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 17 Sep 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
8 Oct · Rating
Sep 2026
28 Sep · Analysts
23 Sep · Analysts
10 Sep · Board meeting
Madhya Bharat Agro Products share price by year
Each calendar year to 2025.Madhya Bharat Agro Products share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 84.38 | +83.9% | 91.95 | 47.10 |
| 2024 | 45.89 | −22.4% | 59.03 | 40.40 |
| 2023 | 59.13 | +7.8% | 66.99 | 51.19 |
| 2022 | 54.85 | +526.0% | 55.24 | 8.65 |
| 2021 | 8.76 | +151.1% | 11.35 | 3.49 |
| 2020 | 3.49 | −11.5% | 3.95 | 2.81 |
| 2019 | 3.95 | +58.3% | 4.20 | 2.07 |
| 2018 | 2.49 | −26.6% | 3.15 | 2.06 |
| 2017 | 3.40 | +41.6% | 3.50 | 2.34 |
| 2016 | 2.40 | – | 2.40 | 1.44 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 12 Sep 2016. The close is the year's last trade for 2018 (19 Dec 2018) and 2017 (19 Dec 2017).
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 160.00 | 161.28 | 155.50 | 159.77 | 158.46 | 8,36,657 | 50.6% |
| 22 Oct 2026 | 161.50 | 162.70 | 158.20 | 159.85 | 160.23 | 7,99,143 | 52.6% |
| 21 Oct 2026 | 165.90 | 166.75 | 161.05 | 162.94 | 164.24 | 6,30,798 | 50.8% |
| 19 Oct 2026 | 168.30 | 174.00 | 163.35 | 164.35 | 167.92 | 18,76,635 | 50.1% |
| 16 Oct 2026 | 172.00 | 172.54 | 166.39 | 167.10 | 169.10 | 5,93,075 | 54.5% |
| 15 Oct 2026 | 168.83 | 174.40 | 168.00 | 170.78 | 171.77 | 11,35,388 | 49.8% |
| 14 Oct 2026 | 163.30 | 171.50 | 163.30 | 168.83 | 169.47 | 10,78,080 | 50.9% |
| 13 Oct 2026 | 166.49 | 166.49 | 160.05 | 162.93 | 161.94 | 11,09,419 | 64.4% |
| 12 Oct 2026 | 167.01 | 167.91 | 164.88 | 166.49 | 166.73 | 2,18,612 | 43.8% |
| 9 Oct 2026 | 164.15 | 166.37 | 160.90 | 165.32 | 164.33 | 4,24,263 | 40.9% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 3 Jul 2026 | Split | 0.2000 | Each share became 5. |
| 20 Oct 2023 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 18 Oct 2022 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- Legal name
- Madhya Bharat Agro Products Limited
- NSE symbol
- MBAPL
- ISIN
- INE900L01028
- Industry
- Fertilizers & Agrochemicals
- Listed
- Sep 2016
- Face value
- ₹2