---
title: "M.V.K. Agro Food Product Ltd (MVKAGRO) — Share Price, Financials & Analysis"
symbol: "MVKAGRO"
company: "M.V.K. Agro Food Product Ltd"
canonical: "https://tapetide.com/stocks/MVKAGRO"
isin: "INE0SGC01015"
nse_symbol: "MVKAGRO"
sector: "Consumer Goods"
industry: "Sugar"
market_cap_cr: 1448.96
generated_at: "2026-09-13T18:59:37.793Z"
---

# M.V.K. Agro Food Product Ltd (MVKAGRO)

Canonical page: https://tapetide.com/stocks/MVKAGRO

## Company

- **NSE Symbol:** MVKAGRO
- **ISIN:** INE0SGC01015
- **Sector:** Consumer Goods
- **Industry:** Sugar
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2024-03-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mvkagrofood.com

## About

Incorporated in 2018, MVK Agro Food 
Product Ltd is an integrated sugar and 
other allied products manufacturing 
company[1]

## Latest Price

- **Price:** ₹299.8
- **Change:** +12.6 (+4.39%)
- **Open:** ₹301.55
- **Day High:** ₹301.55
- **Day Low:** ₹276.5
- **Previous Close:** ₹287.2
- **Volume:** 900600
- **As Of:** 2026-09-11T09:59:52+00:00

## Key Fundamentals

Observed at 2026-09-11T04:32:34.338662Z.

- **Market Cap:** ₹1448.96 Cr
- **Classification:** SME
- **P/E (reported):** 29.3
- **P/E (TTM):** 30.53
- **EPS (TTM):** ₹9.82
- **Book Value:** ₹89.18
- **Price to Book:** 3.22
- **Dividend Yield:** 0%
- **ROE:** 10.35%
- **ROCE:** 10.17%
- **Debt to Equity:** 0.67
- **Revenue (yearly):** ₹339.2 Cr
- **Net Income:** ₹46.6 Cr
- **EBITDA:** ₹76.4 Cr
- **52-Week High:** ₹819
- **52-Week Low:** ₹152.05
- **RSI (14):** 64.06

## Tapetide Score

- **Score:** 36 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 7.3 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 38.92 | 9% |
| growth | 98.9 | 9% |
| momentum | 2.11 | 12% |
| ownership | 44.58 | 24% |
| quality | 41.02 | 22% |
| valuation | 23.81 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 3.36 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.23.1 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y |
| --- | --- | --- | --- |
| cash flow growth | — | -139.73% | 34.03% |
| ebitda margin growth | -71.43% | 45.7% | 25.33% |
| net income growth | -79.08% | 401.08% | 129% |
| revenue growth | -51.98% | 117.72% | 51% |
| roce | -75.09% | -21.1% | -43.81% |
| roe | -79.15% | -0.29% | 10.52% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 27.47 | 68.29 | 31.83 | 42.16 | 111.97 | 133.94 | 65.55 |
| Expenses | 21.54 | 64.55 | 26 | 34.32 | 97.75 | 104.8 | 58.48 |
| Operating Profit | 5.93 | 3.74 | 5.83 | 7.84 | 14.22 | 29.14 | 7.07 |
| OPM % | 21.59 | 5.48 | 18.32 | 18.6 | 12.7 | 21.76 | 10.79 |
| Other Income | 1.09 | 2.53 | 1.11 | 1.3 | 4.02 | 12.9 | 4.92 |
| Interest | 2.07 | 0.03 | 1.95 | 2.88 | 3.34 | 5.74 | 2.22 |
| Depreciation | 0.8 | 0.84 | 1.17 | 2.14 | 2.47 | 2.46 | 2.14 |
| Profit before tax | 4.15 | 5.4 | 3.82 | 4.12 | 12.43 | 33.84 | 7.63 |
| Tax % | 21.93 | 10.74 | 9.69 | 41.99 | 18.02 | 9.57 | 16.51 |
| Net Profit | 3.23 | 4.82 | 3.45 | 2.4 | 10.19 | 30.6 | 6.38 |
| EPS in Rs | 2.09 | 3.11 | 2.23 | 0.48 | 2.02 | 6.06 | 1.26 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 93 | 141 | 150 | 320 | 354 |
| Expenses | 77 | 118 | 132 | 263 | 295 |
| Operating Profit | 16 | 24 | 18 | 57 | 58 |
| OPM % | 17 | 17 | 12 | 18 | 16 |
| Other Income | 1 | 2 | 6 | 19 | 23 |
| Interest | 9 | 12 | 10 | 14 | 14 |
| Depreciation | 2 | 3 | 3 | 8 | 9 |
| Profit before tax | 5 | 11 | 11 | 54 | 58 |
| Tax % | 23 | 17 | 17 | 14 | — |
| Net Profit | 4 | 9 | 9 | 47 | 50 |
| EPS in Rs | 7.54 | 5.63 | 6.02 | 9.23 | 9.82 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 5 | 15 | 15 | 50 |
| Reserves | 8 | 65 | 74 | 400 |
| Borrowings | 92 | 147 | 106 | 302 |
| Other Liabilities | 50 | 54 | 76 | 124 |
| Total Liabilities | 155 | 282 | 271 | 877 |
| Fixed Assets | 66 | 74 | 94 | 376 |
| CWIP | 0 | 1 | 1 | 177 |
| Investments | 6 | 4 | 0 | 0 |
| Other Assets | 82 | 203 | 176 | 323 |
| Total Assets | 155 | 282 | 271 | 877 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -10 | -31 | 51 | -20 |
| Cash from Investing Activity | -12 | -8 | -13 | -464 |
| Cash from Financing Activity | 22 | 102 | -51 | 497 |
| Net Cash Flow | 0 | 64 | -13 | 13 |
| Free Cash Flow | -17 | -42 | 28 | -488 |
| CFO/OP | -57 | -122 | 292 | -24 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 0 | 3 | 5 | 19 |
| Inventory Days | 424 | 366 | 238 | 263 |
| Days Payable | 81 | 125 | 93 | 63 |
| Cash Conversion Cycle | 343 | 245 | 150 | 219 |
| Working Capital Days | -55 | -52 | 37 | 59 |
| ROCE % | — | 14 | 10 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 95.98% | 64.56% | 64.56% | 64.56% | 59.82% | 59.82% | 59.82% | 59.82% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0.06% | 0.04% | 0.04% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.37% | 0.39% | 0.37% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 34.27% | 34.85% | 33.54% | 0% | 38.75% | 37.88% | 37.74% |
| Others | 4.02% | 1.17% | 0.59% | 1.91% | 40.18% | 1% | 1.88% | 2.04% |
| No. of Shareholders | 7 | 4226 | 3466 | 3113 | 1655 | 2015 | 1999 | 2051 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 2 / 8

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 244.38 | Buy |
| EMA (10) | 253.2 | Buy |
| SMA (20) | 214.33 | Buy |
| EMA (20) | 243.58 | Buy |
| SMA (50) | 291.42 | Buy |
| EMA (50) | 285.65 | Buy |
| SMA (100) | 378.47 | Sell |
| EMA (100) | 353.85 | Sell |
| SMA (200) | 502.6 | Sell |
| EMA (200) | 392 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 66.9 | Neutral |
| MACD (12,26,9) | -0.32 | Buy |
| Stochastic (14,3,3) | 99.61 | Sell |
| ADX (14) | 35.18 | Buy |
| Williams %R (14) | -1.17 | Sell |
| ATR (14) | 13.43 | High Volatility |
| ROC (12) | 78.4 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 91.05 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/MVKAGRO_08072026140854_Intimation_Reg_74_5_.pdf) |
| 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/MVKAGRO_07042026121939_Certificate_-_Reg_74_5__S.pdf) |
| 5 June 2026 - Promoter group reported no share encumbrance during FY 2025-26. | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Promoter group reported no share encumbrance during FY 2025-26.](https://nsearchives.nseindia.com/corporate/team_sandeshc_01062026160919_6.pdf) |
| 5 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 5 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=MVKAGRO&tabIndex=sme) |
| 31 May 2026 - Pankaj Pandav appointed Additional Independent Director from 20 June 2026 for five years, subject to member approval. | [Appointment 31 May 2026 - Pankaj Pandav appointed Additional Independent Director from 20 June 2026 for five years, subject to member approval.](https://nsearchives.nseindia.com/corporate/MVKAGRO_31052026014917_Intimation_ID_Appointment_S.pdf) |
| 31 May 2026 - Mr. Ankitkumar Tank appointed Company Secretary and Compliance Officer effective 30 May 2026. | [Appointment 31 May 2026 - Mr. Ankitkumar Tank appointed Company Secretary and Compliance Officer effective 30 May 2026.](https://nsearchives.nseindia.com/corporate/MVKAGRO_31052026015126_Intimation_CS_Appointment_S.pdf) |
| 31 May 2026 - M.V.K. Agro Food appointed Kabra & Maliwal as internal auditor for FY 2026-27 onwards. | [Appointment 31 May 2026 - M.V.K. Agro Food appointed Kabra & Maliwal as internal auditor for FY 2026-27 onwards.](https://nsearchives.nseindia.com/corporate/MVKAGRO_31052026015452_Intimation_IA_Appointment_S.pdf) |
| 31 May 2026 - Board approved rights issue to raise up to ₹50 crore. | [General Updates 31 May 2026 - Board approved rights issue to raise up to ₹50 crore.](https://nsearchives.nseindia.com/corporate/MVKAGRO_31052026015655_Intimation_Right_Issue_S.pdf) |
| 31 May 2026 - Board approved FY26 audited results, ₹50 crore rights issue, new independent director, CS and internal auditor appointments. | [Outcome of Board Meeting 31 May 2026 - Board approved FY26 audited results, ₹50 crore rights issue, new independent director, CS and internal auditor appointments.](https://nsearchives.nseindia.com/corporate/MVKAGRO_31052026014447_Intimation_BM_Outcome_Signed.pdf) |
| 31 Aug - 8th AGM scheduled for 19 September 2026 via VC/OAVM; annual report shared with shareholders. | [General Updates 31 Aug - 8th AGM scheduled for 19 September 2026 via VC/OAVM; annual report shared with shareholders.](https://nsearchives.nseindia.com/corporate/MVKAGRO_31082026171825_Intimation_Non-Email_Letter.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30760_MVKAGRO_2025_2026_A_2549214_27082026214038.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28636_MVKAGRO_2024_2025_A_3911293_05092025184911.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25746_MVKAGRO_2023_2024_04092024202010.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:59:37.793Z.