MADHYA BHARAT AGRO P. LTD

Madhya Bharat Agro Products Limited (MBAPL) held its Q1 FY27 Earnings Conference Call on July 15, 2026, where management discussed the challenging operating environment in the fertilizer industry due to elevated raw material prices, supply chain disruptions, and delayed monsoon onset. Despite these challenges, the company reported a quarterly revenue of ₹416 crore, a 16% year-on-year increase in EBITDA to ₹66 crore, and a 17% rise in profit after tax to ₹33 crore. Management highlighted strong market demand, with SSP and NPK sales growing 28% and 33% year-on-year, respectively. The company is focused on expanding its manufacturing capabilities at its Dhule complex, with significant capacity increases planned. Management expressed confidence in maintaining revenue and EBITDA growth for FY27, supported by improving agricultural conditions and government policy support. The call concluded with management reiterating their commitment to operational excellence and strategic growth initiatives.

Management emphasized resilience and growth despite industry challenges.