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Madhya Bharat Agro Products Ltd

Q2 FY27Fertilizers & Agrochemicals

Madhya Bharat Agro Products Q2 Results 2026: PAT ₹78 Cr +156%

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Revenue
₹715Cr
+58.9% YoY
+71.8% QoQ
Net profit
₹78Cr
+155.6% YoY
+136.2% QoQ
Margin
17.9%
+4.2 pp YoY
+2.1 pp QoQ

Madhya Bharat Agro Products Ltd Q2 FY27 key numbers

Revenue
Q2 FY27 Revenue: ₹715 crore, up 59% YoY (Page 12, Chairman’s Quote).

As stated in Madhya Bharat Agro Products Ltd's Q2 FY27 investor presentation · published 15 Nov 2026. Reported figures, not investment advice.

Based on Madhya Bharat Agro Products Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

Price₹196
Market cap₹9.0K Cr
P/E58.2

The short version

Q2 FY27 Revenue: ₹715 crore, up 59% YoY (Page 12, Chairman’s Quote). Q2 FY27 Financial Performance:.

From Madhya Bharat Agro Products Ltd's Q2 FY27 earnings-call transcript · updated 15 Nov 2026.

How did Madhya Bharat Agro Products' revenue grow in the September 2026 quarter?

  • Q2 FY27 Revenue: ₹715 crore, up 59% YoY (Page 12, Chairman’s Quote)
  • NPK/DAP Sales H1 FY27: 1,18,418 tons, up 21% vs H1 FY26 (1,16,287 tons) (Page 14)
  • SSP Sales H1 FY27: 1,25,392 tons, up 66% vs H1 FY26 (92,381 tons) (Page 14)
  • Capacity utilization for Q2 FY27: SSP at 104%, NPK/DAP at 94%, BRP Crushing at 92%, Sulphuric Acid at 10%, Phosphoric Acid at 42% (Page 15)

2 more points from Madhya Bharat Agro Products Ltd's call on revenue

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What happened to Madhya Bharat Agro Products' margins in Q2 FY27?

Q2 FY27 Financial Performance:

Locked: what Madhya Bharat Agro Products Ltd said on margins

Also locked on this page: fundraising, order book

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What capex is Madhya Bharat Agro Products planning?

  • ~225% fertilizer capacity expansion and ~218% integrated capacity increase by FY28 (Page 20)
  • Capacity expanded by 330K MTPA SSP from March 31, 2026 (Page 16)
  • Capacity expanded by 90K MTPA NPK/DAP from March 31, 2026 (Page 16)
  • Capacity expanded by 165K MTPA Sulphuric Acid from March 31, 2026 (Page 16)
  • Capacity increased to 69K MTPA Phosphoric Acid from March 30, 2025 (Page 16)
  • New NPK/DAP and backward-integrated phosphoric acid facilities commissioned at Dhule (Page 12)
  • Green ammonia sourcing agreement of 130,000 MT over 10 years starting April 2029 (Page 19, 10)
  • Integrated Sulphuric Acid manufacturing capacity increased to 528,000 MT (Page 10)

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Top-ranked in Fertilizers & Agrochemicals

Ranked on what management guided this quarter

Guidance-ranked
1Anya Polytech &
Rev 2Mar 1
Rev 2Mar 2
3
Rev 2Mar 3
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Madhya Bharat Agro Products raising money or cutting debt?

Specifically:

Locked: what Madhya Bharat Agro Products Ltd said on fundraising

Also locked on this page: margins, order book

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How big is Madhya Bharat Agro Products' order book?

See what Madhya Bharat Agro Products Ltd said on order book & pipeline — free account, 30 seconds.

Madhya Bharat Agro Products Ltd — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Q2 FY27 figures are not in this chart yet. Latest shown: Jun 2026 (Q1 FY27). The Q2 FY27 numbers from the filing are in the table below.

Madhya Bharat Agro Products Ltd Q2 FY27 results — key figures

Madhya Bharat Agro Products Ltd Q2 FY27 reported results vs Q2 FY26, ₹ crore
₹ CrQ2 FY27Q2 FY26YoYQ1 FY27QoQ
Revenue715450+58.9%416+71.8%
Operating profit (EBITDA)12862+106.6%66+93.9%
Operating margin17.9%13.7%+4.2 pp15.8%+2.1 pp
Profit before tax10449+114.6%44+135.4%
Net profit (PAT)7830+155.6%33+136.2%
EPS (₹)1.763.48-49.4%0.75+134.7%

Source: Madhya Bharat Agro Products Ltd's results filing to NSE (standalone), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹416 Cr, net profit ₹33 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

More Q2 FY27 results in Fertilizers & Agrochemicals

All Q2 FY27 results | Fertilizers & Agrochemicals rankings

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  • Aristo Bio-Tech (Q2 FY27)

    1,168.88 lakh, approximate operating margin is about 5.9% for the quarter. Key results statement takeaways from Aristo Bio-Tech & Lifescience Ltd's Q2 FY27 resu

  • Krishana Phoschem (Q2 FY27)

    Year-on-year revenue growth: Rs 70,254.28 Lakhs vs Rs 60,786.41 Lakhs (~15.6% increase) . Key results statement takeaways from Krishana Phoschem Ltd's Q2 FY27 e

  • Balaji Phosphates (Q2 FY27)

    Year-on-year growth for the half year (Standalone): ~31.4% increase (from Rs. Key results statement takeaways from Balaji Phosphates Ltd's Q2 FY27 results state

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Frequently Asked Questions

What were Madhya Bharat Agro Products Ltd Q2 FY27 results?

Q2 FY27 Revenue: ₹715 crore, up 59% YoY (Page 12, Chairman’s Quote). Q2 FY27 Financial Performance:.

What is Madhya Bharat Agro Products Ltd share price analysis?

Madhya Bharat Agro Products Ltd currently shows a neutral. The stock trades at a P/E of 58.1 with a market cap of ₹9,009 Cr. Investors should review the full earnings analysis for detailed insights.

Is Madhya Bharat Agro Products Ltd planning capital expenditure?

~225% fertilizer capacity expansion and ~218% integrated capacity increase by FY28 (Page 20).

Keep Madhya Bharat Agro Products Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.