What is the share price of Midwest Ltd (MIDWESTLTD) today?
The share price of MIDWESTLTD as on 28th July 2026 is ₹1206.60. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Midwest Ltd (MIDWESTLTD) share?
The past returns of Midwest Ltd (MIDWESTLTD) share are- Past 1 week: -5.74%
- Past 1 month: -6.36%
- Past 3 months: -5.60%
- Past 6 months: -11.28%
- Past 1 year: 5.80%
- Past 3 years: N/A%
- Past 5 years: 5.80%
What are the peers or stocks similar to Midwest Ltd (MIDWESTLTD)?
The peers or stocks similar to Midwest Ltd (MIDWESTLTD) include:What is the market cap of Midwest Ltd (MIDWESTLTD) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Midwest Ltd (MIDWESTLTD) is ₹4363.16 Cr as of 28th July 2026.What is the 52 week high and low of Midwest Ltd (MIDWESTLTD) share?
The 52-week high of Midwest Ltd (MIDWESTLTD) is ₹1859.90 and the 52-week low is ₹1048.50.What is the PE and PB ratio of Midwest Ltd (MIDWESTLTD) stock?
The P/E (price-to-earnings) ratio of Midwest Ltd (MIDWESTLTD) is 41.62. The P/B (price-to-book) ratio is 6.90.Which sector does Midwest Ltd (MIDWESTLTD) belong to?
Midwest Ltd (MIDWESTLTD) belongs to the Industrials sector & Building Products - Granite sub-sector.How to buy Midwest Ltd (MIDWESTLTD) shares?
You can directly buy Midwest Ltd (MIDWESTLTD) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Midwest Ltd
MIDWESTLTD Share Price
NSEMIDWESTLTD Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
MIDWESTLTD Performance & Key Metrics
MIDWESTLTD Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 41.61 | 6.90 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 44.54 | 6.26 | 0.60% |
from 1 analyst
Price Upside
Earnings Growth
Rev. Growth
MIDWESTLTD Company Profile
Midwest Limited engages in exploration, mining, processing and export of natural stones including dimensional granite varieties like Black Galaxy and Absolute Black, and manufactures diamond wires for cutting hard materials in India.
MIDWESTLTD Sentiment Analysis
MIDWESTLTD Sentiment Analysis
MIDWESTLTD Stock Summary · May 2026
Strong results tempered by transitional investment and logistics disruption: consolidated Q4 revenue was INR 215 crore and full‑year revenue INR 645 crore, with sequential margin improvement but slight year‑on‑year compression as management balances near‑term costs against multi‑year growth builds. Management spoke in a measured, execution‑focused tone, prioritizing organic granite expansion (targeting 10%–12% annual growth), disciplined capex for the quartz second plant (INR 125–130 crore) and high‑purity quartz and rare‑earth pilots, while highlighting balance‑sheet repair that cut debt by ~INR 50 crore and working‑capital days from 122 to 104. They acknowledged tensions: quartz transitional costs (~INR 6+ crore), early depreciation and finance charges, a logistics shock that cost roughly INR 25 crore of revenue, and fuel‑driven energy inflation of ~4%–5%; mitigation includes renewables, fleet electrification and a 4% price increase. Near term, the company expects the first quartz plant to run at ~60% of practical capacity (~150,000 t) this year, the second plant to be commissioned in Q4 with contribution in Q1 next fiscal, and a KMML pilot to inform commercialization timing.
MIDWESTLTD Stock Growth Drivers
MIDWESTLTD Stock Growth Drivers
5New Galaxy Quarry — immediate production and export diversification
The company secured a 30‑year Galaxy mining lease that has already entered production and contributed
Granite segment resilience, margin stability and clear growth trajectory
Granite remains the primary revenue driver with full‑year granite revenue rising to INR 645 crore
MIDWESTLTD Stock Challenges
MIDWESTLTD Stock Challenges
5Quartz operational underperformance and margin drag
The newly commissioned quartz business delivered materially below expectations, with initial process glitches in the
War-driven logistics disruption causing lost shipments and revenue
A late‑March, war-related freight shock reduced vessel availability and spiked logistics costs, preventing shipment of
MIDWESTLTD Forecast
MIDWESTLTD Forecasts
Price
Revenue
Earnings
MIDWESTLTD Share Price Forecast
MIDWESTLTD Share Price Forecast
All values in ₹
All values in ₹
MIDWESTLTD Company Revenue Forecast
MIDWESTLTD Company Revenue Forecast
All values in ₹ cr.
All values in ₹ cr.
MIDWESTLTD Stock EPS (Earnings Per Share) Forecast
MIDWESTLTD Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
MIDWESTLTD
MIDWESTLTD
Income
Balance Sheet
Cash Flow
MIDWESTLTD Income Statement
MIDWESTLTD Income Statement
| Quarter | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 168.21 | 145.44 | 122.96 | 232.31 | 146.47 | 160.75 | 134.12 | 218.44 | ||||||||
| Operating & Other expenses | 94.55 | 110.57 | 93.74 | 155.53 | 103.30 | 112.16 | 98.31 | 157.48 | ||||||||
| EBITDA | 73.66 | 34.87 | 29.22 | 76.78 | 43.17 | 48.59 | 35.81 | 60.96 | ||||||||
| Depreciation/Amortization | 5.65 | 5.79 | 6.34 | 7.81 | 6.60 | 7.40 | 8.62 | 8.40 | ||||||||
| PBIT | 68.01 | 29.08 | 22.88 | 68.97 | 36.57 | 41.19 | 27.19 | 52.56 | ||||||||
| Interest & Other Items | 2.49 | 2.38 | 2.80 | 3.27 | 3.70 | 3.55 | 4.69 | 1.84 | ||||||||
| PBT | 65.52 | 26.70 | 20.08 | 65.70 | 32.87 | 37.64 | 22.50 | 50.72 | ||||||||
| Taxes & Other Items | 19.31 | 11.84 | 5.94 | 18.52 | 9.65 | 9.87 | 4.18 | 15.17 | ||||||||
| Net Income | 46.21 | 14.86 | 14.14 | 47.18 | 23.22 | 27.77 | 18.32 | 35.55 | ||||||||
| EPS | 13.67 | 4.56 | 4.29 | 14.33 | 7.21 | 8.19 | 4.87 | 10.24 |
MIDWESTLTD Company Updates
Investor Presentation
MIDWESTLTD Stock Peers
MIDWESTLTD Past Performance & Peer Comparison
MIDWESTLTD Past Performance & Peer Comparison
IndustrialsBuilding Products - Granite
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Midwest Ltd | 41.62 | 6.90 | — |
| Responsive Industries Ltd | 31.07 | 3.43 | 0.06% |
| Asian Granito India Ltd | 81.85 | 1.24 | — |
| Bigbloc Construction Ltd | -367.70 | 4.36 | — |
MIDWESTLTD Stock Price Comparison
Compare MIDWESTLTD with any stock or ETFMIDWESTLTD Holdings
MIDWESTLTD Shareholdings
MIDWESTLTD Promoter Holdings Trend
MIDWESTLTD Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
MIDWESTLTD Institutional Holdings Trend
MIDWESTLTD Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
MIDWESTLTD Shareholding Pattern
MIDWESTLTD Shareholding Pattern
MIDWESTLTD Shareholding History
MIDWESTLTD Shareholding History
Mutual Funds Invested in MIDWESTLTD
Mutual Funds Invested in MIDWESTLTD
No mutual funds holding trends are available
Top 5 Mutual Funds holding Midwest Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.5813% | Percentage of the fund’s portfolio invested in the stock 0.24% | Change in the portfolio weight of the stock over the last 3 months 0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 139/149 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.2195% | Percentage of the fund’s portfolio invested in the stock 3.28% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/54 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1779% | Percentage of the fund’s portfolio invested in the stock 3.71% | Change in the portfolio weight of the stock over the last 3 months -0.30% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/39 (+1) |
Compare 3-month MF holding change on Screener
smallcases containing MIDWESTLTD stock
smallcases containing MIDWESTLTD stock
Looks like this stock is not in any smallcase yet.
MIDWESTLTD Events
MIDWESTLTD Events
MIDWESTLTD Dividend Trend
MIDWESTLTD has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
MIDWESTLTD Dividend Trend
MIDWESTLTD has not given any dividends in last 5 years
MIDWESTLTD Dividends
MIDWESTLTD Dividends
MIDWESTLTD Stock News & Opinions
MIDWESTLTD Stock News & Opinions
Net profit of Midwest declined 24.63% to Rs 35.56 crore in the quarter ended March 2026 as against Rs 47.18 crore during the previous quarter ended March 2025. Sales declined 6.25% to Rs 215.81 crore in the quarter ended March 2026 as against Rs 230.19 crore during the previous quarter ended March 2025. For the full year,net profit declined 14.35% to Rs 104.85 crore in the year ended March 2026 as against Rs 122.41 crore during the previous year ended March 2025. Sales rose 3.10% to Rs 645.62 crore in the year ended March 2026 as against Rs 626.18 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales215.81230.19 -6 645.62626.18 3 OPM %27.0332.43 -27.0127.43 - PBDT59.1273.51 -20 174.75177.81 -2 PBT50.7365.70 -23 143.73152.22 -6 NP35.5647.18 -25 104.85122.41 -14 Powered by Capital Market - Live
Midwest will hold a meeting of the Board of Directors of the Company on 26 May 2026.
Net profit of Midwest rose 29.40% to Rs 18.31 crore in the quarter ended December 2025 as against Rs 14.15 crore during the previous quarter ended December 2024. Sales rose 10.02% to Rs 128.86 crore in the quarter ended December 2025 as against Rs 117.12 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales128.86117.12 10 OPM %23.7019.96 - PBDT31.1226.42 18 PBT22.5020.09 12 NP18.3114.15 29 Powered by Capital Market - Live
Midwest will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live
Under the order, the company has been permitted to undertake quarrying operations for the extraction of coloured quartzite blocks useful for cutting and polishing purpose. The lease cover an area of 21.012 hectares (51.92 acres) located at Hanumanthunipadu Village & Mandal in Prakasam, Andhra Pradesh for a period of 30 years, commencing from 06 January 2026 to 05 January 2056, subject to requisite statutory approvals and compliance with applicable conditions. The estimated available marketable coloured quartzite block in the quarry is 609,620 cubic meters. Midwest (ML) is engaged in the exploration, mining, processing, marketing, distribution, and export of natural stones. The company is a producer and exporter of black galaxy granite, a unique granite variety known for its sparkling golden flakes. On a consolidated basis, Midwest's net profit rose 86.82% to Rs 27.78 crore while net sales rose 12.38% to Rs 158.69 crore in Q2 September 2025 over Q2 September 2024.Powered by Capital Market - Live
The brokerage highlighted Midwest's position as India's largest producer and exporter of Black Galaxy granite, backed by a vertically integrated model and 20 operating mines. Strong historical performance, with revenue CAGR of over 21% and EBITDA CAGR above 44% over the past five years, underpins the positive view. Looking ahead, revenue and EBITDA are expected to grow at a CAGR of 36% and 47%, respectively, over FY25-28, driven by the Quartz and HMS segments, while adjusted PAT is seen rising at a 56% CAGR. Improving cash flows are also expected to reduce net debt-to-EBITDA below 1x. The target price is based on a valuation of 13x FY28 estimated EV/EBITDA. Midwest (ML) is engaged in the exploration, mining, processing, marketing, distribution, and export of natural stones. The company is a producer and exporter of black galaxy granite, a unique granite variety known for its sparkling golden flakes. On a consolidated basis, Midwest's net profit rose 86.82% to Rs 27.78 crore while net sales rose 12.38% to Rs 158.69 crore in Q2 September 2025 over Q2 September 2024. The stock was listed on the exchanges on 24 October 2025, debuting at Rs 1,165.10, a premium of 9.4% to the issue price of Rs 1,065. The stock is currently up 57.93% over its IPO price and 44.37% over its listing price. Midwest's IPO was subscribed 87.89 times. The issue opened for bidding on 15 October 2025, and closed on 17 October 2025, with a price band of Rs 1,014 to Rs 1,065 per share. Powered by Capital Market - Live
Net profit of Midwest rose 86.82% to Rs 27.78 crore in the quarter ended September 2025 as against Rs 14.87 crore during the previous quarter ended September 2024. Sales rose 12.38% to Rs 158.69 crore in the quarter ended September 2025 as against Rs 141.21 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales158.69141.21 12 OPM %29.3221.69 - PBDT45.0432.50 39 PBT37.6426.71 41 NP27.7814.87 87 Powered by Capital Market - Live
Midwest will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live
The Equity shares of Midwest are listed and admitted to dealings on the Exchange in the list of ''B'' Group Securities effective from 24th October 2025.Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 10.87%, vs industry avg of 8.69%
Over the last 5 years, market share increased from 12.99% to 14.4%
Over the last 5 years, net income has grown at a yearly rate of 13.05%, vs industry avg of 10.16%