M P Agro Industries (BSE: MPAGI) had a P/E of 81.0× on 6 Nov 2026, above the industry P/E of 14.4×, and the shares are 30% below their 52-week high. Its ROCE of 1.3% is the lowest among the 7 largest Agricultural Inputs peers, and net profit grew 47% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹5.17 Cr, ranked 71st of 72 Agricultural Inputs companies by market cap; the shares fell 26% over the past year.
- ₹8.91
- ₹8.91
- ₹8.91
- ₹8.49
- 11
Health check
- ReturnsIn line
−25.5% over a year, better than 4 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthStrong
Profit +47.3% a year over 3 years.
- ProfitabilityWeak
ROCE 1.3% vs peer median 20.9%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags5 to check
Return on equity is low at 1.2%.
Small cap
Defensive
Key metrics
- Market cap
- ₹5.17 Cr
- Small cap
- P/E
- 81.0
- Industry 14.4
- Price to book
- 0.86
- Peers 4.28
- Dividend yield
- 0.00%
- ROE
- 1.2%
- Peers 16.2%
- ROCE
- 1.3%
- Peers 20.9%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.11
- OPM (TTM)
- −83.8%
- Net margin 1339.1%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- −38.9%
- Latest quarter vs a year ago
- Price to sales
- 1124.19
Strengths and risks
Risks to check
- Return on equity is low at 1.2%.
- Quarterly profit down 38.9% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 81.0 against an industry P/E of 14.4.
- Interest coverage of only −265.4×.
About M P Agro Industries
M P Agro Industries Limited engages in the manufacture, storage, packing, distribution, transportation, conversion, maintenance, rendering, servicing, and sale of chemical fertilizers, heavy chemicals, and their byproducts in India. It is also involved in the trading of fertilizers. The company was incorporated in 1975 and is based in Vadodara, India.
- Headquarters
- Vadodara
- Employees
- 5
- Sector
- Basic Materials
- ISIN
- INE468C01017
- Website
- mpagroindustries.in
Price range
- Avg volume (3M)
- 393
- 1-year return
- minus 25.5%
- From 52-week high
- minus 30.0%
Peers · Agricultural Inputs
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| COROMANDELCoromandel International | 1,824.00 | minus 4.00% | 53,724 | 34.5 | 17.0 | 20.9% | 9.4% | 0.11 | 10.2% | minus 12.4% |
| FACTFertilisers and Chemicals Travancore | 750.25 | minus 1.24% | 48,547 | – | 703.5 | 14.2% | 0.0% | 2.95 | 0.0% | minus 15.3% |
| UPLUPL | 534.90 | plus 1.60% | 45,214 | 23.9 | 6.0 | 9.9% | 20.0% | 0.83 | −1.2% | minus 28.0% |
| PIINDPI Industries | 1,735.00 | minus 1.98% | 26,321 | 30.0 | 13.1 | 14.7% | 24.2% | 0.03 | 1.1% | minus 51.9% |
| SUMICHEMSumitomo Chemical India | 328.95 | plus 0.34% | 16,419 | 29.4 | 21.0 | 21.0% | 20.3% | 0.02 | −2.6% | minus 34.4% |
| CHAMBLFERTChambal Fertilizers & Chemicals | 384.70 | minus 0.91% | 15,413 | 8.1 | 5.7 | 21.8% | 13.7% | 0.16 | −9.2% | minus 19.4% |
| BAYERCROPBayer Cropscience | 3,316.30 | plus 0.48% | 14,904 | 20.0 | 15.4 | 27.9% | 16.0% | 0.03 | 3.6% | minus 31.7% |
| MPAGIM P Agro Industries | 8.91 | plus 4.95% | 5 | 81.0 | – | 1.3% | −83.8% | – | – | minus 25.5% |
| Median of 7 peers | – | −0.91% | 26,321 | 26.6 | 15.4 | 20.9% | 16.0% | 0.11 | 0.0% | −28.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0.1 | −0.1 | −0.1 | −0.1 | −0.1 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 26.2% | 14.4% | 56.1% | −6.3% | 26.1% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.03 | 0.02 | 0.00 | 0.07 | 0.02 |
Profit & loss
- Profit CAGR 3Y
- +47.3%
- EPS CAGR 3Y
- +44.2%
- ROE
- 1.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | 0.4 | – | – | |
| – | 0.7 | – | – | |
| −0.2 | −0.3 | −0.3 | −0.3 | |
| – | −74.5% | – | – | |
| 0.2 | 0.4 | 0.4 | 0.4 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | – | – | |
| 0 | 0.1 | 0.1 | 0.1 | |
| −205.6% | 21.9% | 32.4% | 10.7% | |
| 0 | 0 | 0 | 0.1 | |
| – | +102.8% | +9.6% | +43.8% | |
| 0.04 | 0.08 | 0.08 | 0.12 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.8 | 5.8 | 5.8 | 5.8 | |
| 0 | 0.1 | 0.1 | 0.2 | |
| 0 | 0 | – | – | |
| 0.1 | 0.1 | 0.2 | 0.2 | |
| 6 | 6 | 6.1 | 6.2 | |
| 0 | – | 0 | 0 | |
| 3.9 | 4.9 | 4.9 | 5 | |
| 1.2 | 0.1 | 0.2 | 0.2 | |
| 0.9 | 1 | 1 | 1 | |
| 6 | 6 | 6.1 | 6.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.4 | −0.4 | −0.3 | −0.3 | |
| 0.4 | 0.4 | 0.4 | 0.4 | |
| – | – | −0 | −0 | |
| 0 | 0 | 0.1 | 0.1 | |
| −0.4 | −0.4 | −0.3 | −0.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.