Mid India Industries Ltd
Incorporated in 1991, Mid India Industries Ltd is engaged in Lease, Trading and manufacturing of cotton & polyester yarn.
- Market Cap ₹ 13.1 Cr.
- Current Price ₹ 8.02
- High / Low ₹ 12.4 / 6.67
- Stock P/E 1,307
- Book Value ₹ -2.76
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of -5.69% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
37.38 | 29.22 | 23.00 | 25.27 | 22.61 | 21.22 | 8.47 | 1.62 | 18.91 | 14.68 | 6.73 | 6.32 | 6.79 | |
36.66 | 28.80 | 23.72 | 27.36 | 26.71 | 23.57 | 8.29 | 1.63 | 17.98 | 13.44 | 6.94 | 6.29 | 6.81 | |
Operating Profit | 0.72 | 0.42 | -0.72 | -2.09 | -4.10 | -2.35 | 0.18 | -0.01 | 0.93 | 1.24 | -0.21 | 0.03 | -0.02 |
OPM % | 1.93% | 1.44% | -3.13% | -8.27% | -18.13% | -11.07% | 2.13% | -0.62% | 4.92% | 8.45% | -3.12% | 0.47% | -0.29% |
0.09 | 0.04 | 0.12 | 0.09 | 0.08 | 0.04 | 0.03 | 0.02 | 0.04 | -0.44 | 0.01 | -0.09 | 0.09 | |
Interest | 0.33 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.27 | 0.24 | 0.24 | 0.24 | 0.27 | 0.27 | 0.25 | 0.26 | 0.19 | 0.22 | 0.20 | 0.07 | 0.07 |
Profit before tax | 0.21 | 0.15 | -0.86 | -2.24 | -4.29 | -2.58 | -0.04 | -0.25 | 0.78 | 0.58 | -0.40 | -0.13 | -0.00 |
Tax % | 19.05% | 20.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 34.62% | 22.41% | 7.50% | -7.69% | |
0.16 | 0.12 | -0.85 | -2.25 | -4.29 | -2.58 | -0.04 | -0.25 | 0.52 | 0.45 | -0.42 | -0.12 | 0.01 | |
EPS in Rs | 0.10 | 0.07 | -0.52 | -1.38 | -2.63 | -1.58 | -0.02 | -0.15 | 0.32 | 0.28 | -0.26 | -0.07 | 0.00 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -14% |
5 Years: | -6% |
3 Years: | -31% |
TTM: | 52% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | % |
TTM: | 102% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 57% |
3 Years: | -16% |
1 Year: | -36% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 |
Reserves | -11.45 | -11.33 | -12.18 | -14.43 | -18.72 | -21.30 | -21.34 | -21.59 | -21.08 | -20.38 | -20.68 | -20.80 |
0.92 | 0.21 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
2.19 | 3.73 | 4.91 | 8.02 | 11.31 | 10.65 | 12.84 | 10.13 | 12.70 | 9.75 | 8.66 | 6.03 | |
Total Liabilities | 7.96 | 8.91 | 9.04 | 9.89 | 8.89 | 5.65 | 7.80 | 4.84 | 7.92 | 5.67 | 4.28 | 1.53 |
2.31 | 2.08 | 2.24 | 2.32 | 2.29 | 2.14 | 1.89 | 1.63 | 1.45 | 1.23 | 0.49 | 0.33 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.22 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.20 | 0.00 | 0.11 | 0.13 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 |
5.65 | 6.83 | 6.80 | 7.15 | 6.44 | 3.40 | 5.78 | 3.03 | 6.47 | 4.44 | 3.79 | 1.20 | |
Total Assets | 7.96 | 8.91 | 9.04 | 9.89 | 8.89 | 5.65 | 7.80 | 4.84 | 7.92 | 5.67 | 4.28 | 1.53 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.40 | 0.49 | 0.97 | 0.35 | -0.04 | -0.02 | -0.08 | 0.03 | -0.09 | -0.03 | -0.58 | -0.16 | |
0.27 | 0.09 | -0.40 | -0.69 | 0.08 | -0.07 | -0.02 | -0.04 | 0.18 | -0.01 | 0.70 | 0.00 | |
-0.80 | -0.77 | -0.22 | -0.01 | 0.07 | -0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -0.13 | -0.19 | 0.36 | -0.35 | 0.11 | -0.12 | -0.10 | -0.01 | 0.09 | -0.04 | 0.12 | -0.16 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 7.91 | 16.74 | 25.39 | 23.69 | 48.91 | 40.77 | 225.81 | 581.30 | 73.15 | 59.67 | 148.60 | 9.24 |
Inventory Days | 43.05 | 84.67 | 92.37 | 89.57 | 51.22 | 0.00 | 0.00 | 0.00 | 23.10 | 5.89 | 1.14 | 1.26 |
Days Payable | 24.38 | 59.99 | 107.69 | 145.15 | 213.99 | 245.71 | 253.06 | 478.88 | 371.29 | |||
Cash Conversion Cycle | 26.58 | 41.42 | 10.07 | -31.89 | -113.85 | 40.77 | 225.81 | 581.30 | -149.46 | -187.49 | -329.14 | -360.79 |
Working Capital Days | 21.68 | 34.48 | 21.90 | -21.95 | -89.76 | -135.37 | -321.04 | -1,671.79 | -124.50 | -140.23 | -283.65 | -278.95 |
ROCE % | 9.11% | 4.02% | -18.05% | -76.67% |
Documents
Announcements
- Newspaper Advertisement-Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ('LODR Regulations') 29 Aug
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015- Letter To Those Shareholders Whose Email Addresses Are Not Registered With Company/Registrar & Transfer Agent/Depository Participants.
26 Aug - AGM on 23 Sep 2025; FY2024-25 Annual Report available online; link provided.
-
Reg. 34 (1) Annual Report.
26 Aug - 34th AGM on 23 Sep 2025; Annual Report FY2024-25 filed; FY25 loss ₹11.79 lakh.
- Submission Of Notice Convening The 34Th Annual General Meeting 26 Aug
- Information Under Regulation 44 Of SEBI (LODR) Regulation 2015 And Section 108 Of The Companies Act, 2013 Regarding Voting Through Electronic Mode For The 34Th Annual General Meeting To Be Held On Tuesday, 23Rd September, 2025. 23 Aug
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Product Profile:[1]
a) Regular Product:
100% Cotton Yarn (Carded and Combed)
Polyester/Cotton Blended (Carded and Combed)
100% Polyester Yarns
b) Special Product:
Multi Fold Yarn up to 8 folds for use in Carpets, Tufting and other industrial fabrics. Yarns can be supplied in 100% Cotton, Polyester/Cotton Blended yarns and 100% Polyester Yarns in the cone size of 1.89 Kgs per cone up to Jumbo Packing of 5 Kgs per cone.