• The document is the transcript of a Q1 FY27 Earnings Conference Call organized by the company on July 15, 2026, at 4:00 P.M. (IST).
  • The stated purpose of the event was to discuss the company's financial and operational performance for the first quarter of the fiscal year 2027.
  • The meeting was held after the earnings announcement, as it is a discussion of the Q1 FY27 results.
  • Management participants included Mr. Pankaj Ostwal (Managing Director), Mr. Pukhraj Kanther (Group Financial Advisor), and Mr. Gaurav Ranka (Accounts, General Manager).
  • The transcript was made available on the company's website at: <https://www.mbapl.com/financial-and-reports.html#webcast>.
  • The document is a regulatory filing submitted to the National Stock Exchange of India Ltd. pursuant to Regulation 30 and 46 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Highlights Discussed

  • The financial period discussed is Q1 FY27 (the quarter ended June 30, 2026).
  • Revenue from operations stood at ₹416 crore.
  • EBITDA was ₹66 crore, representing 16% year-on-year growth.
  • Profit After Tax (PAT) was ₹33 crore, an increase of 17% year-on-year.
  • Earnings Per Share (EPS) was ₹0.75, compared to ₹0.64 in Q1 FY26.

Operational Highlights Discussed

  • Fertilizer production stood at 99,224 Metric Tonnes (MT).
  • Fertilizer sales reached 101,583 MT.

Strategic Updates and Forward-Looking Statements

  • The management discussed a challenging operating environment characterized by elevated raw material prices, supply chain disruptions from the West Asia conflict, and a delayed Southwest Monsoon.
  • Updates were provided on the phased expansion of the Dhule Fertilizer Complex:
  • The next phase, adding 3,30,000 MTPA of DAP-NPK capacity and 99,000 MTPA of phosphoric acid capacity, is scheduled for commissioning by October 2026.
  • A final phase, adding another 3,30,000 MTPA of DAP-NPK capacity, 66,000 MTPA of phosphoric acid capacity, and 3,96,000 MTPA of sulfuric acid capacity, is targeted for commissioning by October 2027.
  • The company acquired an additional 52,600 sq. meters of land at the Dhule complex, bringing the total land bank to ~6.38 lakh sq. meters.
  • The company successfully completed a 1:5 stock split, reducing the face value from ₹10 to ₹2, effective July 3, 2026.
  • New complex fertilizer grades were introduced: 15:15:15, 9:24:24, and 16:20:0:13.
  • In the Q&A, management expressed confidence in a significant performance improvement from Q3 FY27 onwards post the Dhule expansion, expecting over a 50% increase in turnover in the coming months. They also indicated they expect to maintain their full-year revenue and EBITDA guidance for FY27.

Additional Notes Section

  • The document is an enclosed transcript of the earnings call, filed as a compliance disclosure.
  • The document itself contains no attachments; it is the transcript.
  • Financial data was disclosed within the transcript, including revenue, EBITDA, PAT, EPS, production, and sales figures.