Midwest Gold Ltd
Incorporated in 1990, Midwest Gold
Ltd processing and trading business
of Granite, Marble and other natural
stone[1]
- Market Cap ₹ 3,118 Cr.
- Current Price ₹ 2,822
- High / Low ₹ 2,822 / 90.8
- Stock P/E
- Book Value ₹ 80.3
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 35.1 times its book value
- Company has low interest coverage ratio.
- Company has high debtors of 295 days.
- Promoter holding has decreased over last 3 years: -9.12%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| 0.78 | |
| 4.94 | |
| Operating Profit | -4.16 |
| OPM % | -533.33% |
| 0.28 | |
| Interest | 2.38 |
| Depreciation | 0.58 |
| Profit before tax | -6.84 |
| Tax % | -0.15% |
| -6.84 | |
| EPS in Rs | -5.07 |
| Dividend Payout % | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 74% |
| 5 Years: | 216% |
| 3 Years: | 340% |
| 1 Year: | 3069% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| Equity Capital | 11.05 |
| Reserves | 77.70 |
| 105.96 | |
| 9.85 | |
| Total Liabilities | 204.56 |
| 30.84 | |
| CWIP | 75.54 |
| Investments | 0.00 |
| 98.18 | |
| Total Assets | 204.56 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| -33.28 | |
| -83.94 | |
| 156.27 | |
| Net Cash Flow | 39.05 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| Debtor Days | 294.81 |
| Inventory Days | 878.70 |
| Days Payable | 820.12 |
| Cash Conversion Cycle | 353.39 |
| Working Capital Days | -744.04 |
| ROCE % |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
8 Nov - Monitoring Agency confirms utilization of Rs.118.47 crore preferential issue proceeds; no deviations; Rs.14.87 crore unutilised as of Sept 30, 2025.
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Un-Audited (Standalone And Consolidated) Financial Results For The Quarter And Half Year Ended September 30, 2025.
8 Nov - Board approved Q2/H1 results; consolidated H1 loss Rs.730.37 lakh; qualified audit over Rs.2,009.34 lakh capitalization.
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Board Meeting Outcome for Approval Of Unaudited (Standalone And Consolidated) Financial Results For The Quarter And Half Year Ended September 30, 2025.
8 Nov - Board approved Q2/H1 results to Sept 30, 2025; consolidated H1 loss ₹730.37 lakh; qualified audit opinion.
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Board Meeting Intimation for Consideration And Approval Of Un-Audited (Standalone And Consolidated) Financial Results For The Quarter And Half Year Ended September 30, 2025
3 Nov - Board meeting Nov 8, 2025 to approve Unaudited Q2/half-year results; trading window closed from Oct 1.
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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Business Overview:[1][2]
MGL (formerly M/s. Nova Granites (India) Limited) was in the business of processing of Granite Blocks including mining and processing of other types of minerals. It diversified into Gold mining without leaving its original business activities. Currently, the company is evaluating various business opportunities to turnaround its operations