In Week of Mar 28, 2026, Madhya Bharat Agro Products Ltd (Fertilisers) is outperforming Nifty 500 with +23.2% relative strength. Fundamentals: Average. On a 7-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: Near-full capacity utilization at complex fertilizer plant enabling scale benefits
Impact: +₹50 Cr revenue
“We have achieved the 98% as I have told in my speech also. So we, we are confident that we will be achieving the capacity utilization at, at the best.”
What: Revenue more than doubling YoY creating substantial absolute profit growth
Impact: +₹328.67 Cr revenue
“Revenue from operations stood at rupees 409.7 crores up 38% quarter on quarter and 104.5% year on year, the highest ever quarterly revenue led by NPK volume growth.”
What: EBITDA per ton of ₹5,728 significantly above industry norms
“EBITDA per ton of rupees 5728 marks a notable outperformance compared to typical industry levels backed by scale efficiency and disciplined margin management.”
Earnings deceleration risks from management commentary
Trigger: Continued revenue growth without margin management
Impact: -304 bps margin impact
Management view: Definitely the EBITDA guidance has come out through our higher volumes and the better efficiencies and, and the capacity utilization.
Monitor: OPM trend
Trigger: Continued 30%+ quarterly revenue growth
Impact: -50 bps margin impact
Management view: Not explicitly addressed
Monitor: Interest costs
Key quotes from recent conference calls
“We have achieved the 98% as I have told in my speech also. So we, we are confident that we will be achieving the capacity utilization at, at the best. — Management”
“Definitely the EBITDA guidance has come out through our higher volumes and the better efficiencies and, and the capacity utilization. So what, what I would say is we, we will continue with all those efficiencies and we hope that the EBITDA remains same or better from this quarter. — Management”
“Revenue from operations stood at rupees 409.7 crores up 38% quarter on quarter and 104.5% year on year, the highest ever quarterly revenue led by NPK volume growth. — Management”
“We will continue with all those efficiencies and we hope that the EBITDA remains same or better from this quarter. — Management”
Forward-looking targets from management for Next 2-4 quarters
Implied PAT Growth
77.4%
OPM Guidance
10.85%
Key Milestones
• Maintain 98% capacity utilization
• EBITDA remains same or better
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +116% | +29% | Stable |
| PAT (Net Profit) | +78% | 0% | Stable |
| OPM | 11.0% | -300 bps | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Madhya Bharat Agro Products Ltd's latest quarterly results (Dec 2025) show
Madhya Bharat Agro Products Ltd's profit is growing with an stable trend.
Madhya Bharat Agro Products Ltd's revenue growth trend is stable.
Madhya Bharat Agro Products Ltd's operating margin is stable.
Madhya Bharat Agro Products Ltd's long-term compounding rates
Madhya Bharat Agro Products Ltd's earnings growth is stable with positive momentum on a sequential basis.
Madhya Bharat Agro Products Ltd's trailing twelve month (TTM) performance
Madhya Bharat Agro Products Ltd appears significantly overvalued based on our fair value analysis.
Madhya Bharat Agro Products Ltd's current PE ratio is 38.6x.
Madhya Bharat Agro Products Ltd's current PE is 38.6x.
Madhya Bharat Agro Products Ltd's price-to-book ratio is 8.8x.
Madhya Bharat Agro Products Ltd is rated Average with a fundamental score of 40.34/100. This score is calculated from objective financial metrics
Madhya Bharat Agro Products Ltd has a debt-to-equity ratio of N/A.
Madhya Bharat Agro Products Ltd's return ratios over recent years
Madhya Bharat Agro Products Ltd's operating cash flow is positive (FY2025).
Madhya Bharat Agro Products Ltd's current dividend yield is 0.11%.
Madhya Bharat Agro Products Ltd's shareholding pattern (Dec 2025)
Madhya Bharat Agro Products Ltd's promoter holding has increased recently.
Madhya Bharat Agro Products Ltd has been outperforming Nifty 500 for 7 consecutive weeks, indicating building momentum.
Madhya Bharat Agro Products Ltd is an established outperformer with 7 weeks of consecutive Nifty 500 outperformance.
Madhya Bharat Agro Products Ltd has 3 key growth catalysts identified from recent earnings analysis
Madhya Bharat Agro Products Ltd has 2 key risks worth monitoring
In Q3 FY26, Madhya Bharat Agro Products Ltd's management highlighted
Madhya Bharat Agro Products Ltd's management has provided the following forward guidance for Next 2-4 quarters
Based on quantitative research signals, here is why Madhya Bharat Agro Products Ltd may be worth studying
Madhya Bharat Agro Products Ltd investment thesis summary:
Madhya Bharat Agro Products Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
