M B Agro Prod. (MBAPL)
CyclicalFairStock Score: 31/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹168.46 |
| Market Cap | ₹7,380.82 Cr |
| P/E Ratio | 49.26 |
| ROCE | 18% |
| ROE | —% |
| Dividend Yield | 0.06% |
| Profit Growth | 16.86% |
| Debt/Equity | 1.57 |
| Sales Growth | 2.19% |
| Promoter Holding | 74.76% |
| 52-Week Range | ₹109.75 — ₹610.9 |
| Sector | Fertilizers & Agrochemicals |
| Book Value | ₹12.55 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
This business is growing at a pace I rarely see, but a good business in a cyclical industry can still be a bad price. MBAPL trades at ₹515.75, a P/E of 39.24 and P/B of 9.85, while book value is just ₹52.34. That leaves no margin of safety. The top line grew 115.84% and profit grew 77.43%, and a PEG of 0.41 tells me the market has not fully paid up for growth. The latest quarter had sales of ₹612 Cr and net profit of ₹32 Cr. Those are real numbers. The balance sheet is manageable with debt/equity at 0.68, and ROCE at 18% is decent. Promoter holding of 74.76% is a positive — owners are invested. The Piotroski score of 7/9 also suggests a solid recent financial position. But I cannot ignore the red flags. The dividend yield is 0.11%, so shareholders get no income; any return depends on future buyers paying more. ROE is not available, which is unusual for a company with this reported profitability, and the FairStock score of 44/100 is mixed. Fertilizers are commoditized; a bumper year can reverse when prices, subsidies, or monsoons turn. From a 52-week low of ₹109.75 to today's ₹515.75, the market has already discovered this story. If growth continues, the valuation can be earned out, but if this is a cyclical peak, a 39 times multiple will hurt. I would not build a position here. I wait, watch, and ask whether this growth is durable enough to compensate for the price. This is a fast grower, but not a predictable compounder.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer