Madhya Bharat Agro Products Limited (MBAPL), a unit of Ostwal Group of Industries, is working for another expansion for better backward integration of operating process, consisting Sulphuric Acid plant, Granulation Plant capacity, Phosphoric Acid plant, and DAP/NPK capacity enhancement. 

The DAP/NPK capacity enhancement is being implemented, the remaining three projects are expected to be in operation by the end of FY 2023-24.

The Sulphuric Acid Plant will cost Rs. 35.02 crore; Granulation Plant - Rs. 6.36 crore; Phosphoric Acid Plant - Rs. 13.09 crore; and Capacity Enhancement for DAP/NPK Plant - Rs. 15.87 crore. 

Madhya Bharat Agro Products Limited              

Sulphuric Acid Plant - Rs. 35.02 Cr 

Granulation Plant - Rs. 6.36 Cr 

Phosphoric Acid Plant - Rs. 13.09 Cr 

Capacity Enhancement for DAP/NPK Plant - Rs. 15.87 Cr 

Total - Rs. 70.34 Cr                        

Market capitalization of the company is currently at a level of Rs. 2,000 crore. The company has doubled its DAP/NPK plant capacity to 240,000 MTPA which commenced operations from November 2022.