Madhya Bharat Agro Expands in Maharashtra with 1,000 TPD Fertilizer Plant

Image Source: MBAPL

Madhya Bharat Agro Products Ltd. (MBAPL), a key player in India’s phosphatic fertilizer sector and part of the Ostwal Group, has greenlit the setup of a 1,000 TPD Single Super Phosphate (SSP) and Granulated SSP (GSSP) plant in Maharashtra. The move is part of the company’s broader ₹550 crore capex plan aimed at strengthening its manufacturing footprint and reducing dependency on imports.

Key Highlights:

The new plant will produce SSP and GSSP, essential for replenishing phosphorus in Indian soils, especially in rainfed regions.
MBAPL has already executed a lease for 178,200 sq. m. of industrial land in Maharashtra, with construction expected to begin in FY2025–26.
This facility complements the company’s existing operations in Madhya Pradesh and aligns with its strategy to expand closer to highdemand agri belts.
The project is part of a larger expansion that includes a 1,000 TPD DAP/NPK plant and a matching phosphoric acid unit, also being developed in Maharashtra.
MBAPL’s backward integration model—producing its own sulphuric acid and beneficiated rock phosphate—is expected to improve margins and ensure raw material security.
The company recently reported FY25 revenue of ₹1,059 crore and a net profit of ₹57 crore, reflecting strong operational momentum.

Outlook:

With this expansion, MBAPL is positioning itself as a key enabler of India’s fertilizer selfreliance push. The Maharashtra plant will not only boost capacity but also improve logistics and market access across western and southern India.

Sources: Indian Chemical News, Screener.in, MBAPL Investor Updates