2,900% rally in five years: Do you own this stock?
What's the story
Madhya Bharat Agro Products Limited (MBAPL) is a stock to watch out for on Monday. The company has reported a massive 120% year-on-year (YoY) jump in its net profit to ₹30.45 crore for the September quarter of FY26. This comes as part of its financial results released on October 8. The company's shares closed at ₹440.45 apiece after Friday's market session at the National Stock Exchange (NSE). The stocks have seen a 2,900% rally in five years.
Financial performance
Revenue from operations jumps by 61.75% YoY
Along with the profit surge, MBAPL also witnessed a massive 61.75% jump in its revenue from operations on a YoY basis to ₹450.19 crore for Q2 FY26. The company's operational income stood at ₹278.31 crore during the same quarter last year, marking an 80% YoY growth to ₹859.88 crore in H1 FY26 from ₹478.66 crore in H1 FY25.
Production milestones
Highest-ever fertilizer production and sales volumes
MBAPL has also achieved its highest-ever fertilizer production and sales volumes during the period under review. The company produced 1,18,541 metric tons of fertilizers while selling 1,35,187 metric tons. This is a testament to the company's strong operational capabilities and market demand for its products.
Strategic expansion
Capacity expansion projects to drive growth
Commenting on the financial results, MK Ostwal, Promoter, Chairman and Director of MBAPL said that their new plant at Dhule with 660,000 MTPA of SSP is progressing well. He also noted further capacity expansion of 90,000 MTPA of DAP/NPK with 165,000 MTPA of sulfuric acid at Sagar. These projects are expected to drive enhanced growth and value creation in the future.