Midwest Ltd

Tue 22/09/2026,15:59:24 | NSE : MIDWESTLTD

₹1018.3030.00 (3.04%)

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Market Data

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Open

₹ 998.10

Previous Close

₹ 988.30

Volume

17524

Mkt Cap ( ₹ Cr)

₹ 3682.26

High

₹ 1029.00

Low

₹ 986.60

52 Week High

₹ 1859.90

52 Week Low

₹ 951.00

Book Value Per Share

₹ 274.72

Dividend Yield

0.00

Face Value

₹ 5.00

What's Your Call?

Collective community sentiment on Midwest Ltd

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Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

1018.30

488

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Bid Total

488

Bid Price

Qty

0.00

0

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Bid Total

0

Option Chain

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News

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  • Midwest - Updates

    8 Sep 2026, 5:49PM Midwest Limited has informed the Exchange regarding '' Compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirement
  • Midwest - Copy of Newspaper Publication

    8 Sep 2026, 1:33PM Midwest Limited has informed the Exchange about Copy of Newspaper Publication
  • Midwest - Compliance With Regulation 36(1)(B) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    8 Sep 2026, 5:37PM In Compliance with Regulation 36 (1) (b) of the SEBI LODR Regulations, 2015, Company has sent a physical letter containing the Web- Link to access the
  • Midwest - Shareholders meeting

    7 Sep 2026, 12:43AM Midwest Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026
  • Midwest - Business Responsibility and Sustainability Reporting (BRSR)

    7 Sep 2026, 12:12AM BRSR
  • Midwest - Notice Of 45Th Annual General Meeting

    6 Sep 2026, 11:43PM Notice of 45th Annual General Meeting
  • Midwest - Copy of Newspaper Publication

    3 Sep 2026, 5:28PM Midwest Limited has informed the Exchange about Copy of Newspaper Publication
  • Midwest - Bagging/Receiving of orders/contracts

    31 Aug 2026, 6:27PM Midwest Limited has informed the Exchange about the acceptance of the Letter(s) of Intent (LOI) for working of quarry leases in Andhra Pradesh on Rais
  • Midwest - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    31 Aug 2026, 6:04PM The Company has accepted LOI's for working of Quarry Leases in Andhra Pradesh on Raising Cum Sale Basis.
  • Midwest Q1 net profit jumps 49.65% at Rs 21.13 cr

    27 Aug 2026, 2:50PM The company reported standalone net profit of Rs 21.13 crore for the quarter ended June 30, 2026 as compared to Rs 14.12 crore in the same period last
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    20 Aug 2026, 2:02PM Midwest Limited has informed the Exchange about Transcript
  • Midwest - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    20 Aug 2026, 1:55PM Transcript for the earnings call held on 13th August, 2026.
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Aug 2026, 6:09PM Midwest Limited has informed the Exchange about Link of Recording of the Q1 FY27 Earnings Call
  • Midwest - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    13 Aug 2026, 6:02PM Audio recording of Q1 FY 27 Earnings Call.
  • Midwest - Investor Presentation

    13 Aug 2026, 3:04PM Midwest Limited has informed the Exchange about Investor Presentation
  • Midwest - Copy of Newspaper Publication

    13 Aug 2026, 11:17AM Midwest Limited has informed the Exchange about Copy of Newspaper Publication with respect to unaudited financial results for the quarter ended June 3
  • Midwest - Announcement under Regulation 30 (LODR)-Investor Presentation

    13 Aug 2026, 3:01PM Investor Presentation for Q1 FY 27
  • Midwest - Statement Of Deviation Or Variation For The Quarter Ended June 30, 2026.

    12 Aug 2026, 9:16PM Statement of Deviation or Variation for the Quarter Ended June 30, 2026.
  • Midwest - Statement of deviation(s) or variation(s) under Reg. 32

    12 Aug 2026, 9:11PM Midwest Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
  • Midwest - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    12 Aug 2026, 8:52PM Monitoring Agency Report from Crisil Rating Limited for the Quarter ended June 30, 2026.
  • Midwest - Monitoring Agency Report

    12 Aug 2026, 8:49PM Monitoring Agency Report from CRISIL Ratings Limited for the quarter ended June 30, 2026
  • Midwest - Change in Auditors

    12 Aug 2026, 8:37PM Midwest Limited has informed the Exchange regarding Change in Auditors of the company.
  • Midwest - Disclosure under Regulation 30A of LODR

    12 Aug 2026, 8:23PM Enclosed herewith intimation of re-appointment of Internal Auditors, re-appointment of Cost Auditors and Appointment of Secretarial Auditors of the Co
  • Midwest - Outcome of Board Meeting

    12 Aug 2026, 2:43PM Midwest Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
  • Midwest - Financial Results For The Quarter Ended 30Th June 2026

    12 Aug 2026, 2:53PM Submission of Unaudited Standalone and Consoldiated Financial Results for the Quarter Ended June 30, 2026.
  • Midwest - Board Meeting Outcome for Outcome Of Board Meeting Held On August 12, 2026

    12 Aug 2026, 2:34PM Outcome of Board Meeting held on August 12, 2026
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Aug 2026, 6:19PM Midwest Limited has informed the Exchange about Schedule of meet
  • Midwest - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Aug 2026, 6:15PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Earnings Con
  • Midwest - Credit Rating

    7 Aug 2026, 5:32PM Midwest Limited has informed the Exchange about Credit Rating
  • Midwest - Announcement under Regulation 30 (LODR)-Credit Rating

    7 Aug 2026, 5:27PM Update on Credit Rating
  • Midwest - Board Meeting Intimation for Consider And Approve The Un-Audited Standalone And Consolidated Financial Results Of T

    5 Aug 2026, 5:45PM Midwest Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve
  • Midwest has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    14 Jul 2026, 6:11PM As of June 2026, 77.12% is owned by Indian Promoters and 22.88% by Public. <p align=justify> Top five Promoters holding highest number of shares of Mi
  • Midwest - Press Release

    7 Jul 2026, 6:02PM Midwest Limited has informed the Exchange regarding a press release dated July 07, 2026, titled ""Midwest Limited along with Midwest Energy Limited an
  • Midwest - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    7 Jul 2026, 5:50PM Midwest Limited along with Midwest Energy Limited and Non-Ferrous Materials Technology Development Technology Centre (NFTDC) has signed a Memorandum o
  • Midwest - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    2 Jul 2026, 2:56PM Midwest Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Midwest - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    2 Jul 2026, 2:50PM Certificate under Reg 74 (5) of SEBI (DP) Regulations, 2018 for the Quarter ended June 30, 2026.
  • Midwest - Trading Window

    29 Jun 2026, 10:43AM Midwest Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Midwest - Disclosure under SEBI Takeover Regulations

    24 Jun 2026, 11:24AM Rama Raghava Reddy Kollareddy has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India
  • Midwest Ltd

    13 Aug 2026 , 3:21PM Midwest Limited reported a 49% YoY increase in consolidated net profit to Rs 310.39 million in Q1FY27, while revenue from operations increased by 35% to Rs 1,918.39 million. EBITDA climbed to Rs 268 million from Rs 222 million YoY, but the margin decreased to 27.22% from 28.30%. The standalone net profit increased to Rs 211.33 million from Rs 141 million, while sales increased to ₹985 million from Rs 787 million in Q1 FY26.
  • Midwest Ltd

    8 Jul 2026 , 10:25AM Midwest: The Company signs MoU with Indonesia's state-owned Perminas, NFTDC and Midwest Energy to develop critical minerals & rare earth projects in Indonesia. Strategic alignment with Indonesia provides access to one of the world's largest mineral reserves. The partnership with NFTDC ensures technological backing for processing complex ores.
  • Midwest Ltd

    8 Jan 2026 , 9:05AM MIDWEST CMP (1804) Company Board approves subsidiary incorporation in Sierra Leone. View: Positive Sup: 1790 Res: 1830 | 1860
  • Midwest Ltd

    8 Jan 2026 , 8:59AM Midwest: The company has received a quarry lease work order from the Department of Mines & Geology, Government of Andhra Pradesh. As per the work order, the company has been permitted to undertake quarrying operations for the extraction of coloured Quartzite blocks suitable for cutting and polishing over an area of 21.012 hectares (51.92 acres) located in Prakasam district, Andhra Pradesh, for a period of 30 years, commencing from January 6, 2026.

Key fundamentals

Evaluate the intrinsic value of Midwest Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 870.699 588.047 468.984 431.1751 358.6766
Liabilities 870.699 588.047 468.984 431.1751 358.6766
Equity 18.08 16.906 9.661 0.7431 0.7433
Gross Profit 142.004 109.44 94.506 62.9545 77.1681
Net Profit 97.628 88.473 72.653 45.2184 50.9182
Cash From Operating Activities 92.776 20.668 106.355 -18.5787 87.5289
NPM(%) 23.14 23.92 21.23 14.58 15.38
Revenue 421.771 369.735 342.066 309.9721 330.86
Expenses 279.767 260.295 247.56 247.0176 253.6919
ROE(%) 9.82 8.9 7.31 4.55 5.12

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Midwest Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Lexus Granito (India) Ltd 12.47 -5.82 0.00 2062.99 5.01 0.00
Pacific Industries Ltd 140.00 -2.51 35.09 704.26 28.86 0.00
Aro Granite Industries Ltd 23.09 -0.56 0.00 1563.29 -77.24 0.00
NMDC Ltd 80.20 0.50 9.46 898302.16 847.43 4.36

Company Info

The Company was incorporated on December 11, 1981 at Hyderabad in the erstwhile state of Andhra Pradesh, India as `Midwest Granite Private Limited', a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequently, pursuant to a Board resolution dated March 28, 2024 and a resolution passed at an extraordinary general meeting dated May 7, 2024, the name of The Company was changed to `Midwest Private Limited' to reflect the widened scope of the business activities and a fresh certificate of incorporation dated July 2, 2024 was issued by the Registrar of Companies, Central Processing Centre. The Company was then converted into a public limited company under the Companies Act, 2013, pursuant to a Board resolution dated July 15, 2024 and a resolution passed at an extraordinary general meeting dated July 15, 2024 and consequently, the name of The Company was changed to `Midwest Limited' and a fresh certificate of incorporation dated August 28, 2024 was issued by the Registrar of Companies, Central Processing Centre.Major Events :1981- Incorporated under the name of `Midwest Granite Private Limited' and commenced business operations1988- Received a quarry lease for an Absolute Black Granite Mine in Arpanapally in the erstwhile state of Andhra Pradesh (now Telangana)1994- Received a quarry lease for The first Black Galaxy Granite Mine in Chimakurthy in Andhra Pradesh2002- Incorporated The Subsidiary `Southasia Granite and Marble (Private) Limited' and commenced raw granite stone processing in Sri Lanka2003- Incorporated The Subsidiary `Reliance Diamond Tools (Private) Limited' and commenced manufacturing of Diamond tools in Sri Lanka for export2007- Incorporated The Material Subsidiary, Andhra Pradesh Granite (Midwest) Private Limited together with the Government of Andhra Pradesh for mining of Black Galaxy Granite- Won a global tender floated by the Government of Andhra Pradesh for a 48 acre block of Black Galaxy Granite- Recognition as an `Export House' by the Ministry of Commerce, Government of India from April 1, 2007 to March 31, 20092009- Recognition as a `Star Export House' by the Ministry of Commerce, Government of India from April 1, 2009 to March 31, 20142015- Received a quarry lease for a Black Granite Mine located in Kodad, Telangana2017- Received a quarry lease for a Black Granite Mine located in Theegalaveni, Telangana- The Company qualified for empanelment by the National Mineral Exploration Trust, Ministry of Mines, Government of India, as an exploration entity.- Incorporation of The Subsidiary, Midwest Neostone Private Limited, to carry out The operations for Quartz and silica.2021- Completed shifting The Diamond Wire mining tools manufacturing operations from Sri Lanka to Hyderabad, Telangana, India- Established The first captive solar plant in Telangana2023- Established operations in Sri Lanka, through incorporation of The subsidiaries, Midwest Heavy Sands Private Limited and Trinco Mineral Sands Private Limited for mining of mineral sand- The Material Subsidiary, Andhra Pradesh Granite (Midwest) Private Limited, was upgraded to a `Three Star Export House' by the Ministry of Commerce, Government of India2024- Upgraded to a `Three Star Export House' by the Ministry of Commerce, Government of India2025- Operationalization of Phase I of the Quartz Processing Plant.

The Company was incorporated on December 11, 1981 at Hyderabad in the erstwhile state of Andhra Pradesh, India as `Midwest Granite Private Limited', a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequently, pursuant to a Board resolution dated March 28, 2024 and a resolution passed at an extraordinary general meeting dated May 7, 2024, the name of The Company was changed to `Midwest Private Limited' to reflect the widened scope of the business activities and a fresh certificate of incorporation dated July 2, 2024 was issued by the Registrar of Companies, Central Processing Centre. The Company was then converted into a public limited company under the Companies Act, 2013, pursuant to a Board resolution dated July 15, 2024 and a resolution passed at an extraordinary general meeting dated July 15, 2024 and consequently, the name of The Company was changed to `Midwest Limited' and a fresh certificate of incorporation dated August 28, 2024 was issued by the Registrar of Companies, Central Processing Centre.Major Events :1981- Incorporated under the name of `Midwest Granite Private Limited' and commenced business operations1988- Received a quarry lease for an Absolute Black Granite Mine in Arpanapally in the erstwhile state of Andhra Pradesh (now Telangana)1994- Received a quarry lease for The first Black Galaxy Granite Mine in Chimakurthy in Andhra Pradesh2002- Incorporated The Subsidiary `Southasia Granite and Marble (Private) Limited' and commenced raw granite stone processing in Sri Lanka2003- Incorporated The Subsidiary `Reliance Diamond Tools (Private) Limited' and commenced manufacturing of Diamond tools in Sri Lanka for export2007- Incorporated The Material Subsidiary, Andhra Pradesh Granite (Midwest) Private Limited together with the Government of Andhra Pradesh for mining of Black Galaxy Granite- Won a global tender floated by the Government of Andhra Pradesh for a 48 acre block of Black Galaxy Granite- Recognition as an `Export House' by the Ministry of Commerce, Government of India from April 1, 2007 to March 31, 20092009- Recognition as a `Star Export House' by the Ministry of Commerce, Government of India from April 1, 2009 to March 31, 20142015- Received a quarry lease for a Black Granite Mine located in Kodad, Telangana2017- Received a quarry lease for a Black Granite Mine located in Theegalaveni, Telangana- The Company qualified for empanelment by the National Mineral Exploration Trust, Ministry of Mines, Government of India, as an exploration entity.- Incorporation of The Subsidiary, Midwest Neostone Private Limited, to carry out The operations for Quartz and silica.2021- Completed shifting The Diamond Wire mining tools manufacturing operations from Sri Lanka to Hyderabad, Telangana, India- Established The first captive solar plant in Telangana2023- Established operations in Sri Lanka, through incorporation of The subsidiaries, Midwest Heavy Sands Private Limited and Trinco Mineral Sands Private Limited for mining of mineral sand- The Material Subsidiary, Andhra Pradesh Granite (Midwest) Private Limited, was upgraded to a `Three Star Export House' by the Ministry of Commerce, Government of India2024- Upgraded to a `Three Star Export House' by the Ministry of Commerce, Government of India2025- Operationalization of Phase I of the Quartz Processing Plant.

Parent Organisation

Midwest Ltd.

Founded

11/12/1981

Managing Director

NSE Symbol

MIDWESTLTDEQ

FAQ