Midwest Limited (MIDWESTLTD) fundamentals
Midwest Limited is a listed company in Consumer Durables, part of the Consumer Durables sector, listed on the NSE as MIDWESTLTD (ISIN INE0XAD01024). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Midwest Limited does
Midwest Limited is an India-based company, which is engaged in the business of exploration, mining, processing, marketing, distribution and export of natural stones. The Company’s operating segments include Natural Stone Segment and Diamond Wire Segment. Natural Stone Segment comprises extracting and processing dimensional granite (Granite that is cut to conform to the specifications in terms of size and shape), particularly the Black Galaxy and Absolute Black varieties. It operates approximately 20 mines in the Indian states of Telangana and Andhra Pradesh, along with two granite processing facilities in Andhra Pradesh, India. Diamond Wire Segment comprises the design, development, manufacture and sale of diamond wires, which are used to cut hard materials such as concrete, stone and certain metals. The Company produces three types of diamond wire: Quarry Wire, Stationery Wire, and Multi Wire. It has an installed capacity to manufacture around 72,000 meters of diamond wire per annum.
Valuation and market data
| Last close | ₹1016.40 |
|---|---|
| Market capitalisation | ₹3,437 crore |
| Enterprise value | ₹3,586 crore |
| P/E (TTM) | 0.00 |
| Price to book | 5.43 |
| Price to sales (TTM) | 4.83 |
| Book value per share | ₹187.02 |
| Dividend yield | 0.00% |
| Sector | Consumer Durables |
| Industry | Consumer Durables |
| Listed since | Fri Oct 24 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹660 crore | ₹144 crore | ₹106 crore | 0.00 |
| Mar 2025 | ₹643 crore | ₹178 crore | ₹133 crore | 39.42 |
| Mar 2024 | ₹603 crore | ₹138 crore | ₹100 crore | 29.67 |
| Mar 2023 | ₹522 crore | ₹79 crore | ₹54 crore | 16.10 |
| Mar 2022 | ₹539 crore | ₹93 crore | ₹67 crore | 19.84 |
Figures are as reported (consolidated), in ₹ crore.
Shareholding pattern
As of Jun 2026:
| Promoters | 77.1% |
|---|---|
| Foreign institutions (FII) | 3.9% |
| Mutual funds | 7.1% |
| Other domestic institutions | 7.5% |
| Retail and others | 4.4% |
More on BreakPoint
FundaX company research covers every listed company with reported financials. BreakPoint Pro adds the BreakPoint iQ score, the screener and the multibagger board.
Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.