Madhya Bharat Agro Products Limited (MBAPL) is the exclusive Indian manufacturer of NPK/DAP and SSP fertilizers with backward integration capabilities. It operates under the Ostwal Group and has a strong production and distribution network across 11 states in India.

The company achieved its highest-ever quarterly revenue of ₹450.2 crore in Q2 FY26, marking a 61.8% increase YoY and reflecting robust demand and exceptional operational performance.

MBAPL is significantly expanding its capacity by establishing a major plant in Dhule, Maharashtra, which will bolster its ability to serve high-demand regions and support its aggressive growth strategy.

The recent procurement of Green Ammonia through SECI's SIGHT Scheme marks a pivotal step in MBAPL’s sustainable growth plan, aiming to reduce import dependence and secure a cleaner raw material supply for NPK fertilizer production.

The company's commitment to sustainability is evident in its practices, such as transitioning to bio-coal and solar power, emphasizing its focus on reducing its carbon footprint and enhancing ecological performance.