M V K Agro Food Product
- Market cap
- ₹ 1,056 Cr.
- P/E
- 21.3x
- P/B
- 2.47x
- 52-week range
- 152.05 – 819
- ROE
- 17%
- ROCE
- 14%
- Debt / equity
- 0.67
- Sector
- Agricultural Food & other Products
- Industry
- Sugar
- Listed on
- NSE SME
About
M.V.K. Agro Food Product Limited is an India-based integrated sugar and other allied products manufacturing company. The Company is engaged in the business in a variety of agro-commodities across the commodity value chain. The Company is primarily engaged in manufacturing, sub-classified into manufacture of food products and is primarily engaged in the manufacturing of jaggery from sugarcane. It operates a single location sugar unit having a licensed crushing capacity of 2,500 tons of cane per day (TCD). In addition to sugar, it also commercializes and sells its by-products and waste products, namely, Molasses, Bagasse and Pressmud. The Company markets and sells its products through domestic brokers and export-oriented commodity traders. It operates in two segments, namely Sugar and its by-products/waste products.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Sugar: 40 companies →M V K Agro Food Product against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.3 against a typical 16.6: pricier than most peers (1st = cheapest).26th of 40
- Sales growth+105.9% against a typical +5.7% from a year earlier.3rd of 36
- Profit growth+84.9% against a typical −21.1% from a year earlier.3rd of 16
- Share price, 3 months−44.3% against a typical +3.3%.38th of 38
- Size₹ 1,055.5 Cr. market value against a typical ₹ 365.2 Cr. (1st = largest).10th of 36
Latest announcements
Exchange filings and their impact on the company.
- 4000 TCD plant commissioned from Oct 15, lifting crushing capacity 60% for the full 2026-27 season.
M.V.K. Agro Food Product has completed its sugar plant expansion from 2,500 TCD to 4,000 TCD and will start crushing at the higher capacity from October 15, 2026. The expansion follows intimations in June 2025 and January 2026 and Central Government approval. The 60% capacity jump sets up materially higher cane crushing, sugar and by-product volumes for the 2026-27 season, though it will also need more working capital and debt.
- Board approves up to Rs 75 cr secured NCDs to fund expansion and liquidity, lifting debt ~25%.
On October 14, 2026, M.V.K. Agro Food Product's board approved raising up to Rs 75 crore via 7,500 secured, listed, rated redeemable non-convertible debentures of Rs 1 lakh each on private placement in one or more tranches, with up to 30 months tenure. It appointed Mitcon Credentia Trusteeship as debenture trustee and formed a committee to finalise coupon, tenor, security and allotment. The funds provide non-dilutive debt to support its large ongoing expansion and tight liquidity without issuing equity.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Oct 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 26 Aug 2026 | Other business matters | We wish to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, August 26, 2026, at the Registered Office of the Company. |
| 20 Aug 2026 | Financial Results/Other business matters | MVKAGRO : 20-Aug-2026 : The Company has informed the Exchange that a Board meeting held on August 13, 2026 has been re-scheduled due to lack of quorum. The Board Meeting now stands adjourned to August 20, 2026, inter-alia, to consider and approve the unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026 |
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 May 2026 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, Fund Raising and other business matters |
| 14 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 27 | 68 | 32 | 42 | 112 | 134 | 66 |
| Expenses | 22 | 65 | 26 | 34 | 98 | 105 | 58 |
| Operating Profit | 6 | 4 | 6 | 8 | 14 | 29 | 7 |
| OPM % | 21.6% | 5.5% | 18.3% | 18.6% | 12.7% | 21.8% | 10.8% |
| Other Income | 1 | 3 | 1 | 1 | 4 | 13 | 5 |
| Interest | 2 | 0 | 2 | 3 | 3 | 6 | 2 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 4 | 5 | 4 | 4 | 12 | 34 | 8 |
| Tax % | 21.9% | 10.7% | 9.7% | 42% | 18% | 9.6% | 16.5% |
| Net Profit | 3 | 5 | 3 | 2 | 10 | 31 | 6 |
| EPS in Rs | 2.09 | 3.11 | 2.23 | 0.48 | 2.02 | 6.06 | 1.26 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 51%
- TTM
- 114%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 129%
- TTM
- 394%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| M V K Agro Food Product | ₹ 208.70 | ₹ 1,056 Cr. | 21.3x | 2.5x | 17% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Sandip Marotrao Kawale
- Chief Financial Officer
- Swapna Rajaram Bansode
- Compliance Officer, Company Secretary
- Marotrao Vyankatrao Kawale
- Managing Director, Executive Director
- Shriram Gangadhar Ambatwar
- General Manager
- Ganeshrao Vyankatrao Kawale
- Non-Executive Director
- Balaji Hanmantrao Yendale
- Chief Engineer
- Kishanrao Vyankatrao Kawale
- Non-Executive Director
- Sagarbai Marotrao Kawale
- Non-Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.