IP
IndiaPulse

MBAPL

Small Cap

Madhya Bharat Agro Products Limited

Industrials

Madhya Bharat Agro Products Limited operates in Fertilizers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹553.9
+7.75 · +1.42%
Quote09 Jun, 10:02 am
Fundamentals07 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is acceptable, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
FAIR VALUE
52

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
71

low confidence · 0/0 claims checked

Technical
Neutral
56

Timing lens: price trend and sector relative strength.

Result consistency
stable
79

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Good · 67/100

Rev +33% YoY · PAT +329% YoY · operating leverage · margin compression

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹395 Cr+33.0%-35.5%
EBITDA₹41 Cr+13.9%-37.9%
Operating margin10.0%-200 bps-100 bps
PAT₹60 Cr+328.6%+87.5%
PAT margin15.2%+1048 bps+996 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Madhya Bharat Agro Products Limited operates in Fertilizers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

56Neutral

SMA20 +23.8% / mo · near 52W high

Stock trend: 60
Sector RS: 51
Sector 3M: +0.4% vs Nifty +0.1%

Technical chart

MBAPLweekly · 1Y+58.9%
Latest close ₹553.90 on 2026-06-09
Bar
+2.2%
RSI
62
MACD hist
-2.26
52W pos
87%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹329₹396₹463₹530₹59752H52L2025-062025-092025-122026-03Vol2025-062025-102026-012026-052026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Mixed signals

Signals are conflicting — long-term trend unclear. RSI 62. Wait for confirmation.

  • SMA20 rising (~19.2% over last month) — short-term momentum positive.
  • RSI(14) at 62 — sideways, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 5% off 52W high · 62% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

52U-SCORE
Premium Compounder

Fundamental score breakdown

FAIR VALUE
Valuation7/30
Growth17/25
Quality18/20
Balance Sheet4/15
Cash Flow3/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
52

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

52/100 · FAIR VALUE

Positive drivers

  • Fair-value margin of safety is positive at 28.2%.
  • Quality contributes 18/20 to the score.
  • Growth contributes 17/25 to the score.

Main drags

  • Valuation is weaker at 7/30; verify the latest quarterly trend.
  • Balance sheet is weaker at 4/15; verify the latest quarterly trend.
  • Cash flow is weaker at 3/10; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
31.9
PB
8.7
EV/EBITDA
21.4
ROE
31.5%
ROCE
19.4%
FCF Yield
Debt/Equity
1.6
MoS
+28.2%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 1.6, so downturn resilience matters.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
52
Previous: 52
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+28.2%
Previous: +28.8%

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
52
52
52
52
52
52
52
52
52
52
52
52

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Trust Score
71Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 67th percentile of the scored universe and 64th percentile within Industrials. Main check: cash conversion is weak at 52/100.

Healthy Trust Lite: Promoter holding is 74.8%. Key concern: Operating cash flow is negative at ₹-127 Cr.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
67th percentile

overall median 67 · Industrials: 64th pctile, median 68 · Small: 72nd pctile, median 65

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
69
acceptable · leverage and solvency
Discipline
76
strong · capital discipline
Results
79
strong · quarterly consistency

Trust positives

  • Promoter holding is 74.8%.
  • Promoter pledge is zero.
  • 5 years of positive FCF.
  • 7/8 recent quarters had positive YoY revenue growth.

Trust risks

  • Operating cash flow is negative at ₹-127 Cr.
  • Debt/equity is 1.56.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹155.5
-256.2% MoS
DCF Fair PE
45.0
DCF Fair Value
₹771.3
+28.2% MoS
PEG
0.99

Fundamentals

Valuation

P/E
31.90
P/B
8.72
EV/EBITDA
21.39
Market Cap
4791.00Cr

Profitability

ROE
31.50%
ROCE
19.40%
ROA
8.92%
Dividend Y
0.09%

Growth (CAGR)

Revenue 5Y
59.00%
EPS 5Y
49.00%
Revenue 3Y
24.00%
EPS 3Y
7.00%

Balance Sheet

Debt/Equity
1.56
Interest Coverage
7.09×
Altman Z
4.60
Book Value
62.70

Cash Flow

FCF Yield
FCF Positive Y
5/5
OCF
-127.00 Cr
EPS TTM
17.14

Shareholding

Promoter Hold
74.76%
Promoter Pledge
0.00%
Momentum 52W
84%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 1,867+76.5% vs prev
01867Mar 2017: 82.0Mar 2018: 90.0Mar 2019: 107Mar 2020: 129Mar 2021: 185Mar 2022: 490Mar 2023: 981Mar 2024: 815Mar 2025: 1,058Mar 2026: 1,867FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 150+163.2% vs prev
0150.0Mar 2017: 12.0Mar 2018: 5.0Mar 2019: 11.0Mar 2020: 15.0Mar 2021: 20.0Mar 2022: 57.0Mar 2023: 124Mar 2024: 25.0Mar 2025: 57.0Mar 2026: 150FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 27.3+93.3% vs prev
037.7Mar 2017: 11.8%Mar 2018: 4.7%Mar 2019: 9.4%Mar 2020: 11.5%Mar 2021: 13.4%Mar 2022: 27.8%Mar 2023: 37.7%Mar 2024: 7.1%Mar 2025: 14.1%Mar 2026: 27.3%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.