Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹104Cr
Food - Processing - Others
Rev Gr TTM
Revenue Growth TTM
-21.85%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

MRP
VS
| Quarter | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | | | 119.4 | 219.9 | 20.9 | -34.0 | -70.4 |
| 21 | 7 | 16 | 14 | 44 | 21 | 20 | 9 | 12 |
Operating Profit Operating ProfitCr |
| 2.2 | 4.8 | 9.0 | 8.5 | 9.1 | 9.8 | 6.3 | 9.8 | 16.9 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 1 | 1 | 4 | 3 | 2 | 1 | 2 |
| 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
|
Growth YoY PAT Growth YoY% | | | | | 708.3 | 769.2 | 52.0 | -48.6 | -48.5 |
| 1.6 | 3.6 | 5.7 | 4.7 | 6.1 | 9.7 | 7.2 | 3.7 | 10.6 |
| 0.4 | 0.3 | 1.0 | 0.7 | 2.9 | 2.1 | 1.4 | 0.3 | 1.4 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 94.4 | -44.2 | 52.4 | -8.3 | 52.5 | 140.6 | -33.9 |
| 18 | 36 | 20 | 30 | 28 | 42 | 94 | 62 |
Operating Profit Operating ProfitCr |
| 1.3 | 1.0 | 1.8 | 1.5 | 1.4 | 2.9 | 9.1 | 10.2 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| 0 | 0 | 0 | 0 | 0 | 1 | 9 | 7 |
| 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
|
| | 58.0 | 38.9 | 29.3 | -10.1 | 226.4 | 592.2 | -18.1 |
| 0.6 | 0.5 | 1.3 | 1.1 | 1.1 | 2.3 | 6.6 | 8.2 |
| 3.4 | 2.6 | 0.5 | 0.4 | 0.3 | 1.0 | 6.8 | 5.2 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 0 | 1 | 3 | 3 | 3 | 10 | 11 | 11 |
| 0 | 1 | 4 | 5 | 5 | 3 | 21 | 23 |
Current Liabilities Current LiabilitiesCr | 1 | 0 | 0 | 0 | 1 | 1 | 2 | 1 |
Non Current Liabilities Non Current LiabilitiesCr | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 3 | 2 | 7 | 8 | 4 | 4 | 25 | 20 |
Non Current Assets Non Current AssetsCr | 0 | 0 | 0 | 0 | 5 | 11 | 10 | 15 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -2 | 0 | -5 | 0 | 4 | 4 | -4 |
Investing Cash Flow Investing Cash FlowCr | 0 | 0 | 0 | 0 | -4 | -9 | -2 |
Financing Cash Flow Financing Cash FlowCr | 2 | 0 | 5 | 0 | 0 | 5 | 11 |
|
Free Cash Flow Free Cash FlowCr | -2 | 0 | -5 | 0 | 1 | -5 | -4 |
| -1,326.2 | 232.1 | -1,856.2 | 85.7 | 1,274.8 | 387.0 | -54.5 |
CFO To EBITDA CFO To EBITDA% | -664.2 | 125.6 | -1,356.1 | 63.7 | 957.2 | 303.7 | -39.6 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 11 | 12 | 26 | 59 | 140 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 43.5 | 34.2 | 85.6 | 59.6 | 20.3 |
Price To Sales Price To Sales | 0.0 | 0.0 | 0.6 | 0.4 | 0.9 | 1.4 | 1.4 |
Price To Book Price To Book | 0.0 | 0.0 | 1.5 | 1.5 | 3.2 | 4.6 | 4.3 |
| 6.0 | -0.1 | 30.8 | 24.0 | 63.6 | 47.3 | 14.2 |
Profitability Ratios Profitability Ratios |
| 5.0 | 4.9 | 3.7 | 4.9 | 4.3 | 4.3 | 10.6 |
| 1.3 | 1.0 | 1.8 | 1.5 | 1.4 | 2.9 | 9.1 |
| 0.6 | 0.5 | 1.3 | 1.1 | 1.1 | 2.3 | 6.6 |
| 15.1 | 17.7 | 4.9 | 6.0 | 5.3 | 9.7 | 28.5 |
| 32.4 | 11.2 | 3.6 | 4.4 | 3.8 | 7.7 | 21.2 |
| 4.6 | 8.7 | 3.5 | 4.3 | 3.6 | 6.5 | 19.8 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
MRP Agro Limited is a diversified agro-based company headquartered in Tikamgarh, Madhya Pradesh, operating primarily in the processing, trading, and export of agricultural and industrial commodities. The company, formerly known as MRP Agro Private Limited (rebranded in 2024), has evolved from a traditional trading entity into a vertically integrated agro-processing business, with a strategic focus on value addition, technological advancement, and sustainable operations.
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### **Core Business Activities**
MRP Agro operates across two key verticals:
1. **Agro-Processing**:
- Runs a **dal mill** for processing pulses (including urad, moong, and other varieties), producing ready-to-cook dal and co-products such as **cattle feed**.
- Focus on **premium, Sortex-cleaned pulses** (e.g., Urad Mogar, Urad Gota, Urad Pulses) packaged in 30 kg bags for distribution across Madhya Pradesh.
- Plans to expand into **flour milling**, **besan**, **spices**, and **cold storage**, signaling a broader food processing footprint.
2. **Commodity Trading & Export**:
- Engaged in the **bulk trading and export** of:
- Food grains (wheat, rice, pulses)
- **Coal**
- **Fly ash** (industrial by-product from thermal plants)
- Operates a **B2B business model**, serving domestic wholesalers and international markets.
- Sourcing is done through government **mandi auctions** and direct procurement networks across urban and rural India.
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### **Operational Infrastructure**
- **Primary Facility**:
- Located at **Plot No. 22, Unit-Dal Mill, Semi-Urban Industrial Area, Dhonga, Tikamgarh, Madhya Pradesh**.
- Houses the operational **dal mill (27,000 sq ft)** on a **96,644 sq ft government-allocated plot**.
- Currently operating at **70% capacity** with modern processing machinery from **AGI Milltec (Canada)**.
- Equipped with **quality control labs** and a dedicated **Quality Assurance (QA) department** for pre-packaging inspections.
- **Registered Office**:
- House No. 100, Ward No. 23, First Floor, Tikamgarh, MP.
- **Brand**:
- Products are marketed under the **‘MRP’ brand**, recognized for **purity, hygiene, accurate composition, and reliability**.
- **Digital Presence**:
- Website: [www.mrpagro.com](http://www.mrpagro.com)
- Email: info@mrpagro.com | Phone: 70000615952, 9893142537
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### **Recent Developments & Expansion (2024–2025)**
- **May 2024**: Inaugurated a **new dal processing unit** in Tikamgarh, enhancing production capacity and supply chain integration.
- **July–September 2024**: Expanded into **value-added agro-processing**, launching premium Sortex-cleaned pulses.
- **July 2024 Forward**: Transitioning from pure trading to **integrated processing**, with plans to utilize **71% of land** for future units (flour, besan, spices, cold storage, rusk).
- **October 2024**:
- Applied for an additional **2.5 lakh sq ft** land via MPDRC to support **cold storage and wheat flour mill** expansion.
- Began planning for **e-commerce (B2C) portal**, marking a shift toward direct-to-consumer sales.
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### **Upcoming Project: Flour Mill & Cold Storage (Jun 2025 – Dec 2026)**
- **Project Location**: Adjacent to existing dal mill, Tikamgarh.
- **Facility Size**:
- Flour Mill: **27,000 sq ft**
- Cold Storage: **5,000 sq ft (G+1 structure)**
- Supporting infrastructure: G+4 building, warehouse.
- **Installed Capacity**:
- 160 TPD Roller Flour Mill
- 60 TPD Atta Chakki Unit
- 250 TPD Wheat Cleaning & Grading Unit
- **Estimated Investment**: ₹198.7 Crore (INR 1987 lakhs)
- **Subsidy Benefits**: Project qualifies for government subsidies, reducing effective capital cost.
- **Timeline (as of Sep 2025)**:
- Civil flooring & PEB building: **Completed by Nov 2025**
- Solar roof installation: **Dec 2025**
- Machinery procurement & installation: **Jan 2026**
- Commissioning & trial operations: **First week of Feb 2026**
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### **Sustainability Initiatives**
- **Solar Power Expansion**:
- Current capacity: **150 kW**
- Target: **1,000 kW** by 2026
- Solar roof installation scheduled for December 2025.
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### **Corporate & Financial Highlights**
- **Public Listing**: The company is publicly listed and complies with **SEBI regulations**.
- **Corporate Restructuring**:
- Transition from private to public structure in 2021–2024.
- Engaged in **compliance filings, public offer, and corporate advisory** activities.
- **Fundraising (Jul 2025)**:
- Issued **391,730 warrants** to raise **₹5.09 crore** for business development.
- **Operating Segment**:
- Single reporting segment: **Processing & Trading of Agro-Commodities**.
- No reportable geographical segments – operations remain concentrated in **Central India**, with national distribution networks.
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### **Key Contacts & Governance**
- **Leadership**: Manish Kumar Jain plays a pivotal role in guiding business strategy.
- **Regular Reporting**: Management commentaries issued via company website.
- **Financial Compliance**: Regular board meetings; half-yearly unaudited results reviewed as per SEBI norms (e.g., meeting held Oct 29, 2021).
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