Madhya Bharat Agro Products Ltd
₹ 273
-0.45%
17 Jan
- close price
About
Madhya Bharat Agro Products Ltd, part of Ostwal Group, is engaged in the business of manufacturing fertiliser and chemical products. [1]
Key Points
- Market Cap ₹ 2,389 Cr.
- Current Price ₹ 273
- High / Low ₹ 303 / 197
- Stock P/E 53.6
- Book Value ₹ 42.4
- Dividend Yield 0.18 %
- ROCE 12.2 %
- ROE 7.31 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
- Company's median sales growth is 19.1% of last 10 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Fertilizers Industry: Fertilizers
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 45 | 59 | 62 | 65 | 82 | 90 | 107 | 129 | 185 | 490 | 981 | 815 | 908 | |
| 34 | 48 | 56 | 52 | 60 | 69 | 78 | 94 | 143 | 384 | 772 | 719 | 785 | |
| Operating Profit | 12 | 10 | 6 | 12 | 21 | 21 | 29 | 35 | 42 | 107 | 210 | 97 | 123 |
| OPM % | 26% | 18% | 10% | 19% | 26% | 23% | 28% | 27% | 23% | 22% | 21% | 12% | 14% |
| 0 | 0 | 6 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 5 | 11 | 14 | |
| Interest | 5 | 3 | 3 | 3 | 5 | 5 | 4 | 3 | 4 | 8 | 16 | 26 | 29 |
| Depreciation | 2 | 2 | 3 | 4 | 7 | 8 | 10 | 10 | 9 | 18 | 22 | 29 | 33 |
| Profit before tax | 5 | 5 | 6 | 6 | 13 | 7 | 16 | 21 | 29 | 81 | 176 | 52 | 75 |
| Tax % | 33% | 33% | 32% | -55% | 11% | 30% | 27% | 31% | 29% | 30% | 29% | 52% | |
| 4 | 4 | 4 | 9 | 12 | 5 | 11 | 15 | 20 | 57 | 124 | 25 | 45 | |
| EPS in Rs | 0.83 | 0.51 | 0.56 | 1.05 | 1.34 | 0.58 | 1.30 | 1.69 | 2.31 | 6.51 | 14.18 | 2.83 | 5.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 9% | 21% | 10% | 7% | 5% | 2% | 2% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 50% |
| 3 Years: | 64% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 17% |
| 3 Years: | 7% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 82% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 23% |
| 3 Years: | 26% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 18 | 18 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 44 | 88 | 88 |
| Reserves | 14 | 51 | 54 | 69 | 80 | 84 | 95 | 108 | 127 | 183 | 285 | 263 | 284 |
| 33 | 10 | 9 | 18 | 34 | 36 | 26 | 40 | 70 | 164 | 323 | 290 | 228 | |
| 15 | 10 | 13 | 4 | 14 | 11 | 16 | 19 | 45 | 70 | 92 | 163 | 204 | |
| Total Liabilities | 73 | 88 | 94 | 113 | 149 | 153 | 160 | 189 | 264 | 439 | 743 | 804 | 804 |
| 40 | 63 | 59 | 88 | 94 | 102 | 93 | 83 | 85 | 153 | 203 | 265 | 249 | |
| CWIP | 0 | 4 | 6 | 0 | 9 | 9 | 9 | 31 | 75 | 2 | 0 | 14 | 39 |
| Investments | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 31 | 20 | 27 | 24 | 46 | 42 | 58 | 75 | 104 | 283 | 540 | 525 | 517 | |
| Total Assets | 73 | 88 | 94 | 113 | 149 | 153 | 160 | 189 | 264 | 439 | 743 | 804 | 804 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -10 | 14 | 6 | 11 | 8 | 19 | 15 | 14 | 30 | -72 | -70 | 149 | |
| -3 | -6 | -3 | -27 | -17 | -16 | -1 | -22 | -56 | -13 | -65 | -94 | |
| 14 | -9 | -3 | 16 | 8 | -3 | -14 | 9 | 25 | 85 | 141 | -61 | |
| Net Cash Flow | 0 | -0 | -1 | 0 | -0 | -0 | 0 | 1 | -1 | -0 | 6 | -6 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 6 | 33 | 40 | 57 | 48 | 76 | 79 | 54 | 55 | 74 | 83 |
| Inventory Days | 323 | 124 | 74 | 58 | 204 | 130 | 159 | 210 | 214 | 200 | 125 | 136 |
| Days Payable | 59 | 24 | 59 | 17 | 80 | 47 | 39 | 37 | 88 | 46 | 8 | 40 |
| Cash Conversion Cycle | 284 | 106 | 48 | 80 | 180 | 131 | 195 | 252 | 181 | 210 | 191 | 178 |
| Working Capital Days | 84 | 67 | 93 | 89 | 112 | 102 | 127 | 146 | 124 | 162 | 165 | 170 |
| ROCE % | 23% | 13% | 12% | 9% | 15% | 9% | 14% | 16% | 17% | 30% | 38% | 12% |
Documents
Announcements
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Alteration Of Capital and Fund Raising-XBRL
17 January 2025 - MADHYA BHARAT AGRO PRODUCTS LIMITED has informed regarding Issuance of securities
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Analysts/Institutional Investor Meet/Con. Call Updates
16 January 2025 - Madhya Bharat Agro Products Limited has informed about Link of Recording
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Copy of Newspaper Publication
16 January 2025 - Madhya Bharat Agro Products Limited has informed about Copy of Newspaper Publication
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Analysts/Institutional Investor Meet/Con. Call Updates
15 January 2025 - Madhya Bharat Agro Products Limited has informed about Presentation
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Analysts/Institutional Investor Meet/Con. Call Updates
15 January 2025 - Madhya Bharat Agro Products Limited has informed about Presentation
Annual reports
Concalls
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Jan 2025TranscriptNotesPPT
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Jan 2025TranscriptNotesPPT
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Dec 2024TranscriptNotesPPT
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Dec 2024TranscriptNotesPPT
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Sep 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
Business Overview[1]
MBAPL, part of the Ostwal Group of Industries, specializes in fertilizers with a primary focus on phosphatic fertilizers. Its key brands include ‘Annadata’ for SSP and ‘Bharat’ for NPK/DAP complexes.