Midwest Energy Ltd
Incorporated in 1990, Midwest Gold
Ltd processing and trading business
of Granite, Marble and other natural
stone[1]
- Market Cap ₹ 4,657 Cr.
- Current Price ₹ 3,590
- High / Low ₹ 5,900 / 1,511
- Stock P/E
- Book Value ₹ 311
- Dividend Yield 0.00 %
- ROCE -2.55 %
- ROE -5.73 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.6 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
- Company has high debtors of 299 days.
- Promoter holding has decreased over last 3 years: -13.6%
* 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 | Mar 2026 | |
|---|---|---|
| 1 | 9 | |
| 5 | 19 | |
| Operating Profit | -4 | -10 |
| OPM % | -533% | -115% |
| 0 | 2 | |
| Interest | 2 | 3 |
| Depreciation | 1 | 3 |
| Profit before tax | -7 | -14 |
| Tax % | -0% | 0% |
| -7 | -14 | |
| EPS in Rs | -5.07 | -10.86 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1010% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -153% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 191% |
| 3 Years: | 377% |
| 1 Year: | 142% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 11 | 13 |
| Reserves | 78 | 388 |
| 106 | 302 | |
| 10 | 12 | |
| Total Liabilities | 205 | 714 |
| 31 | 141 | |
| CWIP | 76 | 164 |
| Investments | 0 | 2 |
| 98 | 408 | |
| Total Assets | 205 | 714 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -33 | -10 | |
| -84 | -422 | |
| 156 | 520 | |
| Net Cash Flow | 39 | 87 |
| Free Cash Flow | -116 | -214 |
| CFO/OP | 798% | 98% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 295 | 299 |
| Inventory Days | 879 | 2,449 |
| Days Payable | 820 | 72 |
| Cash Conversion Cycle | 353 | 2,675 |
| Working Capital Days | -744 | -3,293 |
| ROCE % | -3% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of subsidiaries entities |
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| Share of top product/segment in total revenue % ・Standalone data |
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| Number of customers contributing 10%+ of total revenue customers ・Standalone data |
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| Number of permanent employees on rolls employees ・Standalone data |
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| International (outside India) revenue share % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Revised Outcome For Board Meeting Held On 28Th July 2026.
29 Jul - Board accepted four director resignations, appointed two directors, replaced CFO, and approved related-party consultancy fee.
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Board Meeting Outcome for For Meeting Held On July 28, 2026- Change In Management
28 Jul - Board approved four director resignations, CFO change, two director appointments, and consultancy fees of up to Rs.12.5 lakh monthly.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
20 Jul - Commercial production commenced at 1.2 GWh BESS manufacturing facility in Bengaluru on July 20, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate under Reg. 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quater ended June 30, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 Jul - On July 8, 2026, Midwest signed an MoU with PERMINAS, NFTDC and Midwest Limited for Indonesia rare earth development.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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