Integrated Filing — IndAS

General information about company
Scrip Code	000000
NSE Symbol	MBAPL
MSEI Symbol	NOTLISTED
ISIN	INE900L01010
Name of company	MADHYA BHARAT AGRO PRODUCTS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	09-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	06-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Fertilizer Chemical & Mineral benification
Start date and time of board meeting	09-May-2025   15:30:00
End date and time of board meeting	09-May-2025   16:20:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-03-24
Indicate Company website link for updated RPT policy of the Company	www.mbapl.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
There is no Default on Loans and Debt Securities

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	2967896000	10591670000
	Other income	63679000	112478000
	Total income	3031575000	10704148000
2	Expenses
(a)	Cost of materials consumed	2096553000	7081456000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-78414000	117150000
(d)	Employee benefit expense	77901000	268047000
(e)	Finance costs	72319000	280898000
(f)	Depreciation, depletion and amortisation expense	82600000	339862000
(f)	Other Expenses
1	Other Expenses	511022000	1670520000
	Total other expenses	511022000	1670520000
	Total expenses	2761981000	9757933000
3	Total profit before exceptional items and tax	269594000	946215000
4	Exceptional items	0	0
5	Total profit before tax	269594000	946215000
6	Tax expense
7	Current tax	47120000	165414000
8	Deferred tax	79941000	206045000
9	Total tax expenses	127061000	371459000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	142533000	574756000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	142533000	574756000
17	Other comprehensive income net of taxes	-1844000	-1844000
18	Total Comprehensive Income for the period	140689000	572912000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	876269000	876269000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		3162212000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.63	6.56
	Diluted earnings (loss) per share from continuing operations	1.63	6.56
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	1.63	6.56
	Diluted earnings (loss) per share from continuing and discontinued operations	1.63	6.56
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1 The above Audited financial results of the company for the Fourth Quarter Year Ended 31st March 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 9th May 2025 n n2 The Board of Director of the company has recommended a final dividend Re 050 per share for financial year 2024 25 subject to the approval of members of the company n n3 These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards Ind AS notified under the Companies Indian Accounting Standards Rules 2015 as amended as specified in section 133 of the Companies Act 2013 n n4 Based on the management approach as defined in Ind AS 108 Operating Segments the Managing Director CFO evaluates the companys performance and allocates resources based on an analysis of various performance indicators of business segments in which the company operates The Company is primarily engaged in the business of Fertilizer manufacturing and other products are backward integration therefore management recognise Fertilizer segment as the sole business segment Hence disclosure of segment wise information is not required and accordingly not provided n n5 The figures for the quarter ended 31st March 2025 and 31st March 2024 are the balancing figures between audited figures in respect of the full finanacial year and the published year to date figures upto the third quarter of the respective financial years n n6 The Company has long term credit rating CRISIL A Stable reaffirmed by CRISIL n n7 Previous period figures have been regrouped reclassified wherever necessary to confirm with the current period classification presentation n n8 The Company does not has any subsidiary associate joint venture companyies as on 31st March 2025 hence Consolidated financial statements is not applicable to the Company n n9 Results are available on the websites of the Stock Exchange www.nseindia.com and Companys website www.mbapl.com n n10 The earning per share EPS are not annualized for the quarter ended 31st March2025 31st December2024 and 31st March2024 n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2787021000
	Capital work-in-progress	742866000
	Investment property	0
	Goodwill	0
	Other intangible assets	4339000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	155614000
	Other non-current financial assets	310645000
	Total non-current financial assets	466259000
	Deferred tax assets (net)	0
	Other non-current assets	356665000
	Total non-current assets	4357150000
2	Current assets
	Inventories	1669690000
	Current financial asset
	Current investments	0
	Trade receivables, current	2562786000
	Cash and cash equivalents	467000
	Bank balance other than cash and cash equivalents	118318000
	Loans, current	645000
	Other current financial assets	87308000
	Total current financial assets	2769524000
	Current tax assets (net)	0
	Other current assets	659453000
	Total current assets	5098667000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	9455817000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	876269000
	Other equity	3162212000
	Total equity attributable to owners of parent	4038481000
	Non controlling interest
	Total equity	4038481000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	850466000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	34591000
	Total non-current financial liabilities	885057000
	Provisions, non-current	6986000
	Deferred tax liabilities (net)	748107000
	Deferred government grants, Non-current	267442000
	Other non-current liabilities	0
	Total non-current liabilities	1907592000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2328142000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	95299000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	844760000
	Total Trade payable	940059000
	Other current financial liabilities	31708000
	Total current financial liabilities	3299909000
	Other current liabilities	193198000
	Provisions, current	8977000
	Current tax liabilities (Net)	7660000
	Deferred government grants, Current	0
	Total current liabilities	3509744000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	5417336000
	Total equity and liabilites	9455817000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-2834000	-2834000
	Total Amount of items that will not be reclassified to profit and loss	-2834000	-2834000
2	Income tax relating to items that will not be reclassified to profit or loss	-990000	-990000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-1844000	-1844000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			946215000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			280624000
	Adjustments for decrease (increase) in inventories			400786000
	Adjustments for decrease (increase) in trade receivables, current			-704904000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-409852000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			100408000
	Adjustments for other financial assets, current			-308000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			322832000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-62012000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			339862000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			6214000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			9849000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			28225000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-78797000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			176477000
	Net cash flows from (used in) operations			1122692000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			160624000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			962068000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			1454091000
	Other cash payments to acquire equity or debt instruments of other entities			1450250000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			1247000
	Purchase of property, plant and equipment			1080185000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			79100000
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			76224000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-919773000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			674571000
	Repayments of borrowings			392121000
	Payments of lease liabilities			300000
	Dividends paid			43776000
	Interest paid			280624000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-42250000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			45000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			45000
	Cash and cash equivalents cash flow statement at beginning of period			422000
	Cash and cash equivalents cash flow statement at end of period			467000