Madhya Bharat Agro Products Limited expands Value-Added Product Portfolio Launch of DAP/NPK Complex fertilizer

Madhya Bharat Agro Products Limited, one of the leading private SSP Fertilizer players in India, today announced additions to its already rich value-added products portfolio. The company has introduced DAP & NPK Complex fertilizer variants in Various regions in India with installed capacity of 120000 MTPA.
Diammonium phosphate (DAP) is the world’s most widely used Nitrogen phosphorus fertilizer. India meets its DAP requirements mainly through imports. With the launch of two products Co’s revenue on full year scale will go up to Rs. 500 Crores from Rs. 186 Crore in the year 2020-2021.Accordingly, EPS will also go up from Rs.9.24 to more than Rs. 30.
Commenting on the introduction of DAP/NPK by the company, Mr. Mahendra Kumar Ostwal, Chairman, Madhya Bharat Agro Products Limited, said, “Aligning with the Company’s strategy of expanding value-added products portfolio, MBAPL launched DAP/NPK Complex fertilizer. DAP/NPK Complex fertilizer are common Fertilizer consumed across in India during all the seasons for varieties of crops. Both products are now available across India and These products currently have huge consumption demand in India which is substantially met by Import.