Madhya Bharat Agro Products Commences Commercial Production of DAP/NPK Plant
Madhya Bharat Agro Products Ltd. has commenced commercial production of its enhanced DAP/NPK plant, increasing capacity by 90,000 MTPA to 3,30,000 MTPA. The expansion, effective March 31, 2026, involved an investment of approximately ₹107 Crore.
The capacity expansion and commencement of commercial production are significant developments that are expected to boost the company's revenue and market presence, impacting its financial performance.
The commencement of commercial production for an enhanced capacity plant is a positive development for the company, indicating growth and expansion in its operations.
Madhya Bharat Agro Products Ltd. has successfully commenced commercial production of its enhanced capacity Diammonium Phosphate & Nitrogen and Phosphorus (DAP/NPK) plant. The expansion, located at their unit in Banda, District Sagar, Madhya Pradesh, increases the plant's capacity from 2,40,000 MTPA to 3,30,000 MTPA.
The enhanced capacity addition of 90,000 MTPA commenced commercial production from March 31, 2026. This expansion was undertaken to meet the demand and supply gap of DAP/NPK fertilizers in India. The project required an investment of approximately ₹107 Crore and is financed through a mix of debt and internal accruals.
The company's existing installed manufacturing capacity at Banda was 2,40,000 MTPA, with a utilization rate of 100% up to January 31, 2026.
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