MRP Agro Rolls the Dough—₹198.7M Flour Mill Set to Rise by December 2026

Image Source: mrpagro.com

MRP Agro Ltd (BSE: MRPA.BO) has officially initiated a capital expenditure program for an additional flour mill factory valued at ₹198.7 million. The plant is set to start operations in December 2026, which is one of the key highlights for the company in its transition from agri-trading to value-added food processing.

1. Project Overview

The new flour mill will be equipped with mechanized milling equipment and is intended to enhance the processing capacity and diversification of MRP Agro's products.
The unit will be located in Tikamgarh, Madhya Pradesh, where the group has a current dal processing unit.
The investment falls under an overall master plan which also involves future besan, spice, cold storage, and rusk-making units.

2. Strategic Significance

The flour mill will assist MRP Agro in reducing dependence on third-party processing, increasing profit margins, and expanding its B2B and retail presence.
The firm intends to leverage its mandi license, existing infrastructure, and local sourcing network to rationalize operations.
The project would create rural employment and complement the rural agri-economy.

3. Financial Snapshot

The ₹198.7 million capex would be funded from a mix of internal accruals and bank finance.
MRP Agro had invested ₹11.1 crore in its dal mill, which came on stream in FY24–25.
The company is listed on the BSE SME platform and has been increasingly expanding its value-added processing segments.

Sources: MRP Agro Ltd, Economic Times, Business Standard