Announced Thu, 7 Aug · 11:07 IST

Madhya Bharat Agro Products Limited has informed the Exchange regarding 'In compliance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2024-2025 which forms part of the Annual Report for the aforesaid Financial Year.'.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Madhya Bharat Agro Products Limited, a Bhilwara-based fertilizer manufacturer listed on NSE, has filed its BRSR for FY 2024-25 as part of the Annual Report. The company is 100% in the fertilizer business, with NPK and DAP contributing 59% of revenue, Single Super Phosphate 25%, and other fertilizer products 15%. For FY 2024-25, turnover was about ₹1,05,917 lakhs and net worth stood at ₹40,385 lakhs. The company is majority-owned (65.1%) by holding firm Ostwal Phoschem (India) Limited. On the ESG side, it has achieved zero liquid discharge across all sites, its Scope 1+2 emissions intensity improved to 0.30 per rupee of turnover (from 0.50 in FY 2023-24), and NOx emissions dropped sharply from 54 MT to 21 MT. Workforce stands at 292 employees and 661 workers, with no fatalities, no safety incidents, and no complaints on harassment, discrimination, or child labour during the year.

Likely market impact

This is a routine regulatory compliance filing with no material new disclosures for shareholders. Positive signals include improved emissions intensity, zero liquid discharge status, clean safety record, and responsible sourcing covering 74% of suppliers. Investors should note the 65% promoter holding via Ostwal Phoschem and that the company operates only domestically (0% exports), which keeps it leveraged to Indian agricultural demand but exposes it to monsoon and policy risks.