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Midwest share price

Midwest Ltd.

  13.46 K   12   4 NSE: MIDWESTLTD BSE: 544587 SECTOR: Ceramics/Marble/Granite/Sanitaryware

990.00
+8.35 (0.85%)
BSE: 21 Sep 04:01 PM

Price Summary

Today's High

₹ 1001.55

Today's Low

₹ 974.9

52 Week High

₹ 1856.6

52 Week Low

₹ 953.45

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3579.92 Cr.

Enterprise Value

3422.93 Cr.

No. of Shares

3.62 Cr.

P/E

34.21

P/B

4.26

Face Value

₹ 5

Div. Yield

0 %

Book Value (TTM)

₹  232.54

CASH

207.93 Cr.

DEBT

50.93 Cr.

Promoter Holding

77.12 %

EPS (TTM)

₹  28.94

Sales Growth

14.07%

ROE

14.88 %

ROCE

19.19%

Profit Growth

10.35 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year14.07%
3 Year10.81%
5 Year13.87%

Profit Growth

1 Year10.35%
3 Year29.25%
5 Year21.32%

ROE%

1 Year14.88%
3 Year17.98%
5 Year17.29%

ROCE %

1 Year19.19%
3 Year21.9%
5 Year21.03%

Debt/Equity

0.0621

Price to Cash Flow

38.59

Interest Cover Ratio

16.6291

CFO/PAT (5 Yr. Avg.)

0.800452928821365

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 77.12 1.39
Mar 2026 77.13 0.00
Dec 2025 77.13 0.00
Oct 2025 77.13 0.00
Sep 2025 77.13 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 29.2471616006008% for the Past 3 years.
  • The company has significantly decreased its debt by 44.484 Cr.
  • Company has been maintaining healthy ROCE of 21.8974333333333% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 16.6291.
  • The Company has been maintaining an effective average operating margins of 27.01858% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of -516.2656 days.
  • Company has a healthy liquidity position with current ratio of 3.9083.
  • The company has a high promoter holding of 77.12%.

 Limitations

  • The company has shown a poor revenue growth of 10.8113648630256% for the Past 3 years.
  • Promoter pledging has increased from 0% to 1.39% in 1 quarter.
  • Company has contingent liabilities of 174.071 Cr.
  • The company is trading at a high PE of 34.21.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 122.25 103.04 117.78 98.52
Total Expenditure 78.59 62.83 81.9 71.7
Operating Profit 43.67 40.21 35.88 26.82
Other Income 2.41 5.98 4.73 7.49
Interest 2.6 2.19 1.13 1.09
Depreciation 4.74 4.86 5.03 4.98
Exceptional Items 0 0 0 0
Profit Before Tax 38.74 39.15 34.45 28.24
Tax 9.68 10.27 8.88 7.11
Profit After Tax 29.06 28.88 25.57 21.13
Adjusted EPS (Rs) 8.6 7.99 7.07 5.84

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 330.86 309.97 342.07 369.74 421.77
Total Expenditure 252.84 246.48 247.11 260.3 279.77
Operating Profit 78.02 63.5 94.95 109.44 142
Other Income 9.13 18.96 21.94 34.62 16.99
Interest 6.25 6.72 6.69 7.63 8.42
Depreciation 12.6 14.82 15.09 17.82 19.03
Exceptional Items 0 0 0 0 0
Profit Before Tax 68.3 60.92 95.11 118.6 131.55
Tax 17.38 15.7 22.46 30.13 33.92
Net Profit 50.92 45.22 72.65 88.47 97.63
Adjusted EPS (Rs.) 15.06 13.38 21.49 26.17 27

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 0.74 0.74 9.66 16.91 18.08
Total Reserves 299.69 345.08 395.1 475.73 801.69
Borrowings 30.38 37.42 35.7 57.11 32.17
Other N/C liabilities 1.56 1.87 18.57 13.34 12.36
Current liabilities 144.42 108.84 110.12 129.19 115.34
Total Liabilities 476.79 493.95 569.15 692.27 979.64
Assets
Net Block 181.51 198.32 197.11 219.4 249.22
Capital WIP 8.48 0.86 6.63 26.71 8.36
Intangible WIP 0 0 0.41 0.38 0.68
Investments 79.13 89.33 92.86 91.81 95.89
Loans & Advances 29.5 25.58 93.46 113.5 159.54
Other N/C Assets 9.44 11.01 7.94 8.38 15.19
Current Assets 168.74 168.85 170.72 232.1 450.77
Total Assets 476.79 493.95 569.15 692.27 979.64
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 68.3 60.92 95.11 118.6 131.55
Adjustment 21.09 11.36 11.22 0.43 17.76
Changes in Assets & Liabilities 19.66 -83.37 23.27 -86.58 -24.14
Tax Paid -21.53 -12.17 -23.25 -11.78 -32.4
Operating Cash Flow 87.53 -23.26 106.36 20.67 92.78
Investing Cash Flow -78.15 -0.49 -65.28 -42.99 -228.97
Financing Cash Flow -7.77 20.88 -40.53 23.73 176.51
Net Cash Flow 1.61 -2.87 0.55 1.4 40.32

Corporate Actions

Super Investors

Investors Details

PARTICULARS Oct 2025% Dec 2025% Mar 2026% Jun 2026%
promoters 77.13 77.13 77.13 77.12
deepak kukreti - 1.07 1.07 1.07
kollareddy ranganayakamm... - 0.78 0.78 4.68
rama raghava reddy kollar... - 64.10 64.10 59.79
ramachandra kollareddy - 0.88 0.88 0.88
ravindra reddy guntaka - 8.29 8.29 8.28
soumya kukreti - 0.93 0.93 0.93
uma priyadarshini kollare... - 1.07 1.07 1.49
deepak kukreti 1.07 - - -
kollareddy ranganayakamma... 0.78 - - -
rama raghava reddy kollar... 64.10 - - -
ramachandra kollareddy 0.88 - - -
ravindra reddy guntaka 8.29 - - -
soumya kukreti 0.93 - - -
uma priyadarshini kollare... 1.07 - - -
PARTICULARS Oct 2025% Dec 2025% Mar 2026% Jun 2026%
investors 22.87 22.87 22.87 22.88
axis mutual fund trustee ... - 1.14 1.14 1.79
goldman sachs funds - gol... - 2.86 2.86 2.86
kotak elss tax saver fund... - 4.19 4.12 4.12
svadha india emerging opp... - - 7.35 7.35
svadha india emerging opp... - 7.35 - -
kotak mahindra trustee co... 2.93 - - -
svadha india emerging opp... 6.63 - - -

Annual Reports

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Annual Report 2026

Ratings & Research Reports

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Concalls & Presentations

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Presentation Q3FY26

Midwest Stock Price Analysis and Quick Research Report. Is Midwest an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Midwest. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Midwest has a PE ratio of 34.151027502583 which is high and comparatively overvalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Midwest has ROA of 11.6786% which is a bad sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Midwest has a Current ratio of 3.9083.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Midwest has a ROE of 14.8778%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Midwest has a Debt to Equity ratio of 0.0621 which means that the company has low proportion of debt in its capital.

  • Sales growth: Midwest has reported revenue growth of 14.0739% which is poor in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Midwest for the current financial year is 33.6685073179522%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Midwest is Rs 0 and the yield is 0%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Midwest is Rs 28.9391. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Midwest in Ticker for free. Also, one can get the intrinsic value of Midwest by using Valuation Calculators, which are available with a Finology ONE subscription. 

Midwest FAQs

Q1. What is Midwest share price today?
Ans: The current share price of Midwest is Rs 988.3.

Q2. What is the market capitalisation of Midwest?
Ans: Midwest has a market capitalisation of Rs 3573.77344528 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Midwest?
Ans: The PE ratio of Midwest is 34.151027502583 and the P/B ratio of Midwest is 4.24993743135725, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Midwest share?
Ans: The 52-week high share price of Midwest is Rs 1859.9, and the 52-week low share price of Midwest is Rs 951.

Q5. Does Midwest pay dividends?
Ans: Currently, Midwest does not pay dividends. Dividend yield of Midwest is around 0%.

Q6. What are the face value and book value of Midwest shares?
Ans: The face value of Midwest shares is Rs 5, while the book value per share of Midwest is around Rs 232.5446. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Midwest?
Ans: Midwest has a total debt of Rs 50.932 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Midwest?
Ans: The ROE of Midwest is 14.8778% and ROCE of Midwest is 19.19%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Midwest a good buy for the long term?
Ans: The Midwest long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Midwest undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Midwest appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Midwest’s financials?
Ans: You can review Midwest’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Midwest

Midwest Share Price, Company Overview & Listing Details

Midwest Ltd., India's largest producer and exporter of Black Galaxy granite, made a strong debut on the stock market on October 24, 2025. The Midwest share price listed at a premium of approximately 9% over its issue price. As of the latest trading session, the stock was trading around Rs 1,138 per share.?

About Midwest Ltd.

Founded in 1981, Midwest Ltd. is a major player in the natural stone industry, specializing in the exploration, mining, processing, and export of dimensional granites. The company has expanded its portfolio to include high-value materials and advanced processing.?

Key Business Highlights

  • Market Leader in Granite: Midwest is the largest producer and exporter of Black Galaxy Granite, a premium variety unique to Andhra Pradesh. It commands approximately 64% of the total export volume for this stone. The company operates 16 captive mines and serves customers in over 17 countries.?

  • Diversification into Quartz: Through its subsidiary, Midwest Neostone, the company has ventured into manufacturing quartz slabs, which are used in engineered stone and solar glass applications. This segment is a key growth driver.?

  • Emerging Businesses: The company is also exploring opportunities in heavy mineral sands and advanced material processing to meet evolving global market demands.?

Midwest IPO & Listing Performance (October 2025)

The IPO of Midwest Ltd., which was open for subscription from October 15 to October 17, 2025, received a healthy response from investors.?

  • Listing Performance: The stock debuted with a premium of 9% over the issue price, reflecting strong investor confidence in the company's fundamentals and export-driven business model.?

  • Current Market Capitalization: The company's market capitalization stands at approximately Rs 4,114 crore.?

  • IPO Price Band: Rs 1,014 – Rs 1,065 per share.?

  • Issue Size: Rs 451 crore, which included a fresh issue of Rs 250 crore and an Offer for Sale (OFS) of Rs 201 crore.?

Use of IPO Proceeds

The net proceeds from the fresh issue component of the IPO are allocated for strategic expansion and operational upgrades:?

  • Quartz Facility Expansion: Rs 130.3 crore for the Phase II expansion of the quartz manufacturing facility.

  • Debt Repayment: Rs 56.2 crore towards repayment of borrowings.

  • Modernisation: Purchase of electric dump trucks and integration of solar energy at mining sites.

  • General Corporate Purposes: The remainder for other corporate needs.

Financial Highlights

Midwest has demonstrated stable financial growth. Between the financial years ending March 2024 and March 2025, the company's revenue increased by 7%, while its profit after tax (PAT) grew by 33%.?

What You Can Find on This Company Page

This page is your complete resource for all information related to Midwest Ltd. Here’s what you can access:

  • Live Midwest Share Price: Track real-time price movements and analyse historical performance with charts.

  • IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.

  • In-Depth Financial Analysis: Access detailed financial statements and key ratios, such as the Price-to-Earnings (P/E) ratio of approximately 39.5.?

  • Shareholding Pattern: Get a clear picture of the company's ownership structure.

  • Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.

Frequently Asked Questions (FAQs) about Midwest Share Price

Q1: What was the listing performance of Midwest Ltd.?
Midwest shares listed at a premium of approximately 9% on October 24, 2025.?

Q2: What is the current share price of Midwest?
As of October 24, 2025, the share price is trading around Rs 1,138.?

Q3: What does Midwest Ltd. do?
The company is primarily engaged in the mining, processing, and export of natural stones, particularly Black Galaxy granite, and has diversified into quartz manufacturing.?

Q4: What was the issue size of the Midwest IPO?
The total issue size was Rs 451 crore, comprising a fresh issue and an Offer for Sale.?

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