Mid India Industries Ltd
Incorporated in 1991, Mid India Industries Ltd is in the business of Real Estate and Trading activities.[1]
- Market Cap ₹ 12.8 Cr.
- Current Price ₹ 7.86
- High / Low ₹ 12.0 / 6.67
- Stock P/E 1,281
- 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: | 16% |
| 5 Years: | 56% |
| 3 Years: | -16% |
| 1 Year: | -22% |
| 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
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Oct - Compliance Certificate Under Reg. 74(5) of SEBI (DP) Regulation,2018 issued by Ankit Consultancy Private Limited, The Registrar and Share Transfer Agent of the Company for …
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Closure of Trading Window
27 Sep - Trading window closed from 1 Oct 2025 for Q2/half-year unaudited results ended 30 Sep 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
24 Sep - Confirmed appointment of Joshi Sahay & Co. as secretarial auditor for five years, approved at AGM on 23 Sep 2025.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
24 Sep - Three AGM resolutions (financials, director reappointment, secretarial auditor) approved on 23 Sep 2025, ~99.996% votes in favour.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
23 Sep - 34th AGM on 23 Sep 2025 via VC; FY2025 financials adopted; Bhawani Soni reappointed; secretarial auditor appointed.
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]
MIIL used to be in the textile business with expertise in spinning, cotton ginning, and related textile industries. Currently, it is engaged in trading activities in plant and machinery. It is looking for an opportunity to import and export the plant and machinery required for industries, etc. The company also deals in real estate development.