MRC Agrotech
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MRC Agrotech approved the notice for its 11th annual general meeting, scheduled for September 30, 2026, through video conferencing. The board also approved the appointment of Paramar Vishal Surendra, an additional director since February, as a non-executive, non-independent director for five years through February 2031. Choudhary Choudhary & Co. resigned as statutory auditor citing professional and other commitments, and P.C. Surana & Co. was appointed to serve through the AGM for the financial year 2030-31. The outgoing auditor’s letter was dated August 14 and said its resignation took effect at the close of business that day, while the board outcome recorded effectiveness from the conclusion of the ensuing AGM. MRC Agrotech’s FY25 accounts carried a qualified audit opinion over ₹7.86 crore of undocumented unsecured loans, while its FY26 audit identified matters involving related trading counterparties and GST classification.
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MRC Agrotech approved the notice for its 11th annual general meeting, scheduled for September 30, 2026, through video conferencing. The board also approved the appointment of Paramar Vishal Surendra, an additional director since February, as a non-executive, non-independent director for five years through February 2031. Choudhary Choudhary & Co. resigned as statutory auditor citing professional and other commitments, and P.C. Surana & Co. was appointed to serve through the AGM for the financial year 2030-31. The outgoing auditor’s letter was dated August 14 and said its resignation took effect at the close of business that day, while the board outcome recorded effectiveness from the conclusion of the ensuing AGM. MRC Agrotech’s FY25 accounts carried a qualified audit opinion over ₹7.86 crore of undocumented unsecured loans, while its FY26 audit identified matters involving related trading counterparties and GST classification.
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MRC Agrotech signed a collaboration and licence agreement with Banaras Hindu University on July 17 to commercially produce and sell seeds of wheat variety HUW 838, developed by the university's agricultural scientists. The five-year, non-exclusive pact allows the company to handle foundation seed, certified seed and truthfully labelled seed. BHU retains breeder's rights, and the deal is renewable by mutual consent.
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MRC Agrotech signed a collaboration and licence agreement with Banaras Hindu University on July 17 to commercially produce and sell seeds of wheat variety HUW 838, developed by the university's agricultural scientists. The five-year, non-exclusive pact allows the company to handle foundation seed, certified seed and truthfully labelled seed. BHU retains breeder's rights, and the deal is renewable by mutual consent.
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June 22 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH - APPROVES LONG-TERM LEASE OF 51.46 ACRES FOR BUSINESS AND EXPANSION
Source text: ID:nBSE2pX1C0
Further company coverage: MRCE.BO
(([email protected];))
June 22 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH - APPROVES LONG-TERM LEASE OF 51.46 ACRES FOR BUSINESS AND EXPANSION
Source text: ID:nBSE2pX1C0
Further company coverage: MRCE.BO
(([email protected];))
Jan 22 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH LTD - ENTERS EXCLUSIVE MOU WITH GOVERNMENT FRUIT PRESERVATIVE FACTORY
MRC AGROTECH LTD - TO MARKET GFPF PRODUCTS IN INDIA AND OVERSEAS
Source text: ID:nBSE5yw8c8
Further company coverage: MRCE.BO
(([email protected];;))
Jan 22 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH LTD - ENTERS EXCLUSIVE MOU WITH GOVERNMENT FRUIT PRESERVATIVE FACTORY
MRC AGROTECH LTD - TO MARKET GFPF PRODUCTS IN INDIA AND OVERSEAS
Source text: ID:nBSE5yw8c8
Further company coverage: MRCE.BO
(([email protected];;))
Dec 17 (Reuters) - MRC Agrotech Ltd MRCE.BO:
ENTERS MOU WITH ME TECHNOLOGY TRADING
MOU FOR AGRI-TECHNOLOGY SEGMENT
Source text: ID:nBSE75k0bf
Further company coverage: MRCE.BO
(([email protected];))
Dec 17 (Reuters) - MRC Agrotech Ltd MRCE.BO:
ENTERS MOU WITH ME TECHNOLOGY TRADING
MOU FOR AGRI-TECHNOLOGY SEGMENT
Source text: ID:nBSE75k0bf
Further company coverage: MRCE.BO
(([email protected];))
Oct 14 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH LTD - ENTERS AGREEMENT WITH TEMI TEA ESTATE
MRC AGROTECH LTD - TO PROMOTE AND DISTRIBUTE SIKKIM TEA GLOBALLY
Source text: ID:nBSE6TlsPN
Further company coverage: MRCE.BO
(([email protected];))
Oct 14 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH LTD - ENTERS AGREEMENT WITH TEMI TEA ESTATE
MRC AGROTECH LTD - TO PROMOTE AND DISTRIBUTE SIKKIM TEA GLOBALLY
Source text: ID:nBSE6TlsPN
Further company coverage: MRCE.BO
(([email protected];))
March 6 (Reuters) - MRC Agrotech Ltd MRCE.BO:
ENTERS STRATEGIC COLLABORATION FOR PRECISION FARMING SOLUTIONS
Source text: ID:nBSE64hyN1
Further company coverage: MRCE.BO
(([email protected];;))
March 6 (Reuters) - MRC Agrotech Ltd MRCE.BO:
ENTERS STRATEGIC COLLABORATION FOR PRECISION FARMING SOLUTIONS
Source text: ID:nBSE64hyN1
Further company coverage: MRCE.BO
(([email protected];;))
Dec 6 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH LTD - ENTERED INTO MOU WITH EXECUTIVE STRATEGIES
MRC AGROTECH - MOU TO INTRODUCE U.S.-BASED AGRICULTURAL TECHNOLOGIES AND SOLUTIONS
Source text: ID:nBSEKlsj
Further company coverage: MRCE.BO
(([email protected];))
Dec 6 (Reuters) - MRC Agrotech Ltd MRCE.BO:
MRC AGROTECH LTD - ENTERED INTO MOU WITH EXECUTIVE STRATEGIES
MRC AGROTECH - MOU TO INTRODUCE U.S.-BASED AGRICULTURAL TECHNOLOGIES AND SOLUTIONS
Source text: ID:nBSEKlsj
Further company coverage: MRCE.BO
(([email protected];))
March 8 (Reuters) - MRC Agrotech Ltd MRCE.BO:
TO ISSUE SHARES WORTH UPTO 72.1 MILLION RUPEES
TO ALSO ISSUE SHARES AGGREGATING TO 88.9 MILLION RUPEES AT 16 RUPEES PER SHARE
Source text for Eikon: ID:nBSE3yT3Kq
Further company coverage: MRCE.BO
(([email protected];))
March 8 (Reuters) - MRC Agrotech Ltd MRCE.BO:
TO ISSUE SHARES WORTH UPTO 72.1 MILLION RUPEES
TO ALSO ISSUE SHARES AGGREGATING TO 88.9 MILLION RUPEES AT 16 RUPEES PER SHARE
Source text for Eikon: ID:nBSE3yT3Kq
Further company coverage: MRCE.BO
(([email protected];))
March 1 (Reuters) - MRC Agrotech Ltd MRCE.BO:
TO CONSIDER PROPOSAL OF RAISING FUNDS
TO CONSIDER ISSUANCE OF EQUITY SHARES
Source text for Eikon: ID:nBSE91kLzv
Further company coverage: MRCE.BO
(([email protected];))
March 1 (Reuters) - MRC Agrotech Ltd MRCE.BO:
TO CONSIDER PROPOSAL OF RAISING FUNDS
TO CONSIDER ISSUANCE OF EQUITY SHARES
Source text for Eikon: ID:nBSE91kLzv
Further company coverage: MRCE.BO
(([email protected];))
Nov 10 (Reuters) - MRC Agrotech Ltd MRCE.BO:
APPROVED RESIGNATION OF KIRITKUMAR MADHAVLAL SHAH AS CHAIRMAN AND MD
APPOINTED ASHOK SINGH AS ADDITIONAL DIRECTOR & CEO
Source text for Eikon: ID:nBSE9mWrDv
Further company coverage: MRCE.BO
(([email protected];))
Nov 10 (Reuters) - MRC Agrotech Ltd MRCE.BO:
APPROVED RESIGNATION OF KIRITKUMAR MADHAVLAL SHAH AS CHAIRMAN AND MD
APPOINTED ASHOK SINGH AS ADDITIONAL DIRECTOR & CEO
Source text for Eikon: ID:nBSE9mWrDv
Further company coverage: MRCE.BO
(([email protected];))
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Popular questions
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What does MRC Agrotech do?
MRC Exim trades various industrial, metals, and alloy products like iron and steel, GI Pipes, Insulators, Heat Exchangers, Water Pumps, and more. It serves clients from fabrication and manufacturing industry with a diverse range of products.
Who are the competitors of MRC Agrotech?
MRC Agrotech major competitors are Prithvi Exchange (I), Cravatex, Uma Exports, Rajlaxmi Industries, RRP Electronics Ind., Yuvraaj Hygiene Prod, Goyal Aluminiums. Market Cap of MRC Agrotech is ₹86 Crs. While the median market cap of its peers are ₹84 Crs.
Is MRC Agrotech financially stable compared to its competitors?
MRC Agrotech seems to be less financially stable compared to its competitors. Altman Z score of MRC Agrotech is 2.12 and is ranked 6 out of its 8 competitors.
Does MRC Agrotech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. MRC Agrotech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has MRC Agrotech allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is MRC Agrotech balance sheet?
Balance sheet of MRC Agrotech is moderately strong.
Is the profitablity of MRC Agrotech improving?
The profit is oscillating. The profit of MRC Agrotech is ₹1.38 Crs for TTM, ₹0.88 Crs for Mar 2025 and ₹0.89 Crs for Mar 2024.
Is the debt of MRC Agrotech increasing or decreasing?
Yes, The net debt of MRC Agrotech is increasing. Latest net debt of MRC Agrotech is ₹9.48 Crs as of Mar-26. This is greater than Mar-25 when it was ₹0.19 Crs.
Is MRC Agrotech stock expensive?
MRC Agrotech is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of MRC Agrotech is 62.75, while 3 year average PE is 73.17. Also latest EV/EBITDA of MRC Agrotech is 51.06 while 3yr average is 40.67.
Has the share price of MRC Agrotech grown faster than its competition?
MRC Agrotech has given lower returns compared to its competitors. MRC Agrotech has grown at ~-20.18% over the last 4yrs while peers have grown at a median rate of 0.0%
Is the promoter bullish about MRC Agrotech?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in MRC Agrotech is 21.31% and last quarter promoter holding is 21.31%.
Are mutual funds buying/selling MRC Agrotech?
There is Insufficient data to gauge this.