Madhya Bharat Agro Products Ltd. · NSE:MBAPL
Madhya Bharat Agro Products — Q1 FY26 Earnings Presentation
25 slides from Madhya Bharat Agro Products's earnings presentation, Jul 11, 2025
Slide 1: Regulation 30 filing cover letter to NSE
Date: 11.07.2025 National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex, Bandra (East) Mumbai-400 051 Company Code: MBAPL Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015,
Slide 2: Q1 FY26 Financial Results Presentation
Madhya Bharat Agro Products Ltd (MBAPL) (A Unit of Ostwal Group of Industries) Q1 FY26 Financial Results presentation
Slide 3: Safe Harbor
Safe Harbor This presentation may contain forward-looking statements regarding future business developments and economic performance. These statements related to Madhya Bharat Agro Products Ltd (MBAPL) are based on current expectations and projections that involve a number of risks and uncertainties
Slide 4: MBAPL Overview
MBAPL Overview Overview Key Metrics MBAPL, a strong pillar of the Ostwal Group of Industries. Credit Rating SSP market share Manufacturing Unit A Stable 19% 9% Led by a Team you can Trust on – 2 CRISIL Chhattisgarh Madhya Pradesh Sagar, Madhya Pradesh Mr. M.K Ostwal (Chairman), a technocrat en
Slide 5: Q1FY26 Performance
& e OSTWAL Q1FY26 wast PERFORMANCE | ™
Slide 6: Performance Trend for the Quarter
Performance Trend for the Quarter EBIDTA (excl. Other income) (Rs. Crore) & Margins (%) REVENUE (Rs. Crore) PAT (Rs. Crore) & Margins (%) up ~104.5 % YoY 16.8% 12.1% 5.7% 4.8% 6.9% 13.9% Up ~38.0 % QoQ Up ~69.3 % YoY Up ~145.2 % YoY Up ~ -58.3% QoQ Up ~-100 % QoQ 409.7 296.8 57.0 200.4 33.7 36.0 28.
Slide 7: Production Volumes Trends
Production Volumes Trends Chemical & Intermediates ( in tons) Fertiliser (in tons) 45,624 44,792 Q4FY25 Q1FY25 Q1FY26 36,491 36,202 8,796 2,751 11,093 28,688 26,377 47,406 33,988 84,288 33,429 96,759 50,337 58,571 1,14,773 7,937 8,522 4,671 47,549 Q1FY25 Q4FY25 Q1FY26 - 1,900 BRP (Crushing) Sulphuri
Slide 8: New Developments During the Quarter
New Developments During the Quarter Capacity Expansion Initiatives New Product Introductions Strategic Land Acquisition As part of its strategic growth roadmap, Annadata Urea SSP alongwith the ongoing capacity buildup of Secured 17.82 hectares of prime land A new variant introduced under the 3
Slide 9: Performance Summary - FY25
Performance Summary - FY25 Performance Summary - FY25 Revenue EBITDA PAT NPK/DAP SSP Sales (₹ Cr) (₹ Cr) (₹ Cr) Sales (in tons) (in tons) FY25 145 57 1,56,346 1,83,028 1,059 30% 51% 132% 22% 12% FY24 817 96 25 1,27,648 1,62,970 6
Slide 10: 5-year Financial Performance Trend
5-year Financial Performance Trend Revenue (₹ in Cr) EBITDA (excl. Other Income) (₹ in Cr) CAGR ~37% YoY CAGR ~63 % YoY 1,059 210 982 145 817 107 96 492 186 42 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 RoE & RoCE (%) PAT (₹ in Cr) CAGR ~30% YoY 48.72% 37.30% 46.54% 32.15% 22.24% 18.47% 16.51
Slide 11: Financials Summary
Financials Summary Rs. In Crore Particulars Q1 FY26 Q4 FY25 QoQ% Q1 FY25 YoY% FY25 FY24 YoY% Revenue from operations 409.7 296.8 38.0 200.4 104.5 1,059.2 816.9 29.7 Other income 3.0 6.4 -62.5 1.6 50.9 11.2 11.0 2.3 Total income(I+II) 412.7 303.2 35.9 201.9 104.1 1,070.4 827.9 29.3 Expenses Purchase
Slide 12: Chairman's Quote
Chairman’s Quote Commenting on the results for Q1FY26, Mr. MK Ostwal- Promoter, Chairman & Director said, “We have commenced FY26 on a remarkable note, delivering our highest-ever quarterly revenue of ₹409.7 crore — a surge of 104.5% YoY and Profit after tax stood at ₹28.2 crore, marking a robust gr
Slide 13: Expansion Plans - Status
Expansion Plans - Status Project in Progress Project Capacities Commissioning Status & details Cost date (expected) DAP/NPK: 3,30,000 MT Term Loan Closure of Rs.202cr closed with SBI, Axis Bank Phosphoric Acid: 99,000 MT and Federal Bank. Out of which Rs.51cr was disbursed till Fully integrate
Slide 14: MBAPL Journey
MBAPL JOURNEY
Slide 15: Journey so far
Journey so far Incorporated in 1997 was Began SSP & Sulphuric taken over by OGI with its Acid & got listing on NSE Migrated to NSE Main board of 60,000 MT SSP plant in 2004. SME Emerge. stock exchange 2004 2012 2016 2017 2019 Commenced Beneficiated Commenced GSSP and Organic Rock Phosphate (BRP) Fer
Slide 16: Strategic Location with regular capacity additions
Strategic Location with regular capacity additions Fertilizer Capacities & Utilization (in ‘000 tons) Marketing Office SSP DAP/NPK 120 240 240 240 240 240 Uttar 208 184 Pradesh 175 153 127 94 Gujarat Madhya Dahej Seaport Pradesh FY23 FY24 FY25 FY23 FY24 FY25 Maharashtra Backward integrations Capacit
Slide 17: Only Manufacturer in India with Full Backward Integration
Only Manufacturer in India with Full Backward Integration Beneficiated Rock Sulphuric Acid & Single Super SSP Powder & Granular form Annual Phosphate Water Phosphate capacity : 240,000 MT (Existing) & 3,30,000 MT (In Progress) Beneficiation of Low In house Sulphuric acid grade rock to High plant wit
Slide 18: Competitive Edge
Competitive Edge PROVEN track record Time and again promoters have acquired & turnaround loss making units at low cost of acquisition SECURED ONLY Fully Backward Raw Material Supplies Manufacturer Entered into long term rock Low Opex, Ability to beneficiate a Low- phosphate agreement domestic as wel
Slide 19: Promoters
Promoters Mr. M.K. Ostwal Mr. Pankaj Ostwal Mr. Praveen Ostwal Promoter, Chairman & Promoter & Director Promoter & Director Director With more than 4 decades of C.A with 24 years of C.A with 21 years of experience experience in the sector experience in the field of in the field of fertilizer, settin
Slide 20: Product Portfolio
Product Portfolio CORE PRODUCTS NEW LAUNCHED PRODUCTS Annadata Super 6 Annadata Urea SSP (Fortified SSP Zinc Boron & Magnesium) (combining the benefits of Urea and SSP) Annadata Zibo (Fortified SSP- Zinc and Boron) 17
Slide 21: MBAPL Journey to Capacities Enhancements
MBAPL Journey to Capacities Enhancements Fertiliser (in tonnes) 2004 2012 2017 2021 2023 2025 Installed Capacity Project in pipeline Total Capacity DAP/NPK - - - 1,20,000 1,20,000 - 2,40,000 3,30,000 5,70,000 SSP 60,000 - 1,80,000 - - - 2,40,000 3,30,000 5,70,000 TOTAL 4,80,000 6,60,000 11,40,000 Ch
Slide 22: Preserving Environment
Preserving Environment At MBAPL, our approach to sustainability is both strategic and action-oriented. We have implemented multiple in-house power solutions that not just preserves environment but also strengthen operational resilience and cost efficiency. Using Bio Coal Adding Value to Waste Using
Slide 23: Sustainability
Focus farmer connect and sustainability 01 Focus on quality fertilizer for enrichment of crop Sustainability Strong focus on farmer education and MBAPL is committed to sustainable agriculture. The company’s fertilizers are designed to 02 partnerships by conducting camps at villages for creating awar
Slide 24: CSR Initiatives in FY25
CSR Initiatives in FY25 Supporting Education with Stationery Offering blankets and organizing Improving community health with Kits for Young Learners medical camps to support those in need accessible medical services Promotion of Education & Vocational Skills 2.2% Environmental 0.6% 8.1% Sustainabil
Slide 25: Thank You
THANK YO U Email: secretarial@mbapl.com , secretarial@ostwal.in , sourabh@mbapl.com Investor Relation Team Email: ir@mbapl.com MADHYA BHARAT AGRO PRODUCTS LIMTED (A Unit of Ostwal Group of Industries) Corp. Off.: Ostwal Heights, Urban Forest, Atun, Bhilwara (Raj)- 311802 CIN: L24121RJ1997PLC029126
Madhya Bharat Agro Products — Q1 FY26 Earnings Presentation on 6ix