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Midwest Ltd

Mon 2/02/2026,15:59:57 | NSE : MIDWESTLTD

₹ 1360.80-24.70 (-1.78%)

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Market Data

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Open

₹ 1392.00

Previous Close

₹ 1385.50

Volume

52845

Mkt Cap ( Rs. Cr)

₹4920.76

High

₹ 1414.20

Low

₹ 1315.10

52 Week High

₹ 1859.90

52 Week Low

₹ 1048.50

Book Value Per Share

₹ 186.62

Dividend Yield

0.00

Face Value

₹ 5.00

What’s Your Call?

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Midwest has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2025

    16 Jan 2026, 7:20PM As of December 2025, 77.13% is owned by Indian Promoters and 22.87% by Public. <p align=justify> Institutional holds 18.40% (Insurance Companies 0.06%
  • Midwest - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    8 Jan 2026, 5:06PM 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

    8 Jan 2026, 4:58PM Submission of certificate received from KFin Technologies Limited, RTA of the Company, confirming compliances of Regulation 74(5) of the SEBI (DP) Reg
  • Midwest - Bagging/Receiving of orders/contracts

    7 Jan 2026, 6:29PM Midwest Limited has informed the Exchange about receiving a Quarry Lease Work Order from the Department of Mines & Geology, Government of Andhra Prade
  • Midwest - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    7 Jan 2026, 6:23PM The Company has received quarry lease work order for extraction of coloured Quartzite Blocks for period of 30 years from Department of Mines & Geology
  • Midwest - Outcome of Board Meeting

    7 Jan 2026, 5:41PM Outcome of Board Meeting - Incorporation of Wholly-Owned Subsidiary Company in Sierra Leone.
  • Midwest - Board Meeting Outcome for Outcome Of Board Meeting

    7 Jan 2026, 5:30PM Incorporation of wholly-owned subsidiary Company in Sierra Leone.
  • Midwest - Trading Window

    26 Dec 2025, 2:01PM Midwest Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    26 Nov 2025, 4:34PM MIDWESTLTD: Midwest Limited has informed the Exchange about the schedule for an Investors/Analysts Meeting to be held on December 02, 2025, at BKC, Mu
  • Midwest - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    26 Nov 2025, 4:29PM Intimation of Schedule of Investors / Analysts Meeting scheduled to be held on December 02, 2025 at BKC, Mumbai.
  • Midwest - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    19 Nov 2025, 6:47PM Please find enclosed Transcript for Q2 & H1 FY'26 - Earnings Conference Call held on November 13, 2025.
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    19 Nov 2025, 6:44PM Midwest Limited has informed the Exchange about Transcript for Q2 & H1 FY '26 -Earnings Conference Call held on Novemberÿ13,ÿ2025
  • Midwest Q2 net profit up 15.41% at Rs 29.06 cr

    17 Nov 2025, 5:30PM The company reported standalone net profit of Rs 29.06 crore for the quarter ended September 30, 2025 as compared to Rs 25.18 crore in the same period
  • Midwest - Copy of Newspaper Publication

    14 Nov 2025, 1:57PM Midwest Limited has informed the Exchange about Copy of Newspaper Publication pertaining to the Unaudited (Standalone and Consolidated) Financial Res
  • Midwest - Investor Presentation

    14 Nov 2025, 1:53PM Midwest Limited has informed the Exchange about Investor Presentation
  • Midwest - Announcement under Regulation 30 (LODR)-Investor Presentation

    14 Nov 2025, 1:28PM Investor Presentation for the quarter and half year ended September 30, 2025.
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Nov 2025, 6:52PM Midwest Limited has informed the Exchange about Audio Recording of Post Earnings Call in relation to the unaudited standalone and consolidated financi
  • Midwest - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    13 Nov 2025, 6:39PM Audio Recording link - Conference call held on November 13, 2025.
  • Midwest - Updates

    13 Nov 2025, 1:01AM Midwest Limited has informed the Exchange regarding 'Outcome of the Board Meeting - Financial Results'
  • Midwest - Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2025.

    13 Nov 2025, 12:59AM Submission of the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025
  • Midwest - Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30, 2025

    12 Nov 2025, 8:51PM Submission of unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2025
  • Midwest - Board Meeting Outcome for Approval Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter And

    12 Nov 2025, 8:43PM Pursuant to Regulation 30 & Regulation 33 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby
  • Midwest - Outcome of Board Meeting

    12 Nov 2025, 8:34PM Midwest Limited has submitted to the Exchange, the unaudited financial results (standalone and consolidated) for the quarter and half year ended Septe
  • Midwest - Credit Rating- Revision

    12 Nov 2025, 1:10PM Midwest Limited has informed the Exchange about revision in credit rating of the Andhra Pradesh Granite (Midwest) Private Limited, Subsidiary Company
  • Midwest - Announcement under Regulation 30 (LODR)-Credit Rating

    12 Nov 2025, 1:20PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 we hereby inform you that, CRISIL rating Li
  • Midwest - Analysts/Institutional Investor Meet/Con. Call Updates

    8 Nov 2025, 5:35PM Midwest Limited has informed the Exchange about schedule of meet of Earnings Conference call to be held on November 13, 2025 at 03:00 P.M to discuss t
  • Midwest - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    8 Nov 2025, 5:15PM Earnings Conference Call is scheduled on Thursday, November 13, 2025 at 03:00 P.M (IST). \r\n\r\nPlease find enclosed herewith the Invitation for Conf
  • Midwest - Board Meeting Intimation for Consideration And Approval Of The Un-Audited (Standalone And Consolidated) Financial R

    5 Nov 2025, 7:00PM Midwest Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve
  • Midwest - Credit Rating- Revision

    5 Nov 2025, 3:02PM Midwest Limited has informed the Exchange about Credit Rating- Revision - Upgrade of the Company's Credit Rating by CRISIL Ratings Limited
  • Midwest - Announcement under Regulation 30 (LODR)-Credit Rating

    5 Nov 2025, 2:15PM Upgradation of Credit Ratings of the Company by CRISIL Ratings Limited
  • 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-25 March-24 March-23 March-22 March-21
Assets 588.047 468.984 431.1751 358.6766 310.0346
Liabilities 588.047 468.984 431.1751 358.6766 310.0346
Equity 16.906 9.661 0.7431 0.7433 0.7431
Gross Profit 109.44 94.506 62.9545 77.1681 55.6634
Net Profit 88.473 72.653 45.2184 50.9182 37.1509
Cash From Operating Activities 20.668 106.355 -18.5787 87.5289 54.5527
NPM(%) 23.92 21.23 14.58 15.38 16.86
Revenue 369.735 342.066 309.9721 330.86 220.2765
Expenses 260.295 247.56 247.0176 253.6919 164.6131
ROE(%) 13.11 10.76 6.7 7.54 5.5

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 24.04 3.18 31.22 2793.79 -24.55 0.00
Aro Granite Industries Ltd 27.20 -0.26 0.00 2117.06 -41.98 0.00
NMDC Ltd 81.44 1.32 10.19 1216521.37 744.10 4.05
Shirpur Gold Refinery Ltd 4.95 0.00 0.00 4031.65 -357.41 0.00

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.

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Parent Organisation

Midwest Ltd.

Founded

11/12/1981

Managing Director

NSE Symbol

MIDWESTLTDEQ

FAQ

The current price of Midwest Ltd is ₹ 1360.80.

The 52-week high for Midwest Ltd is ₹ 1414.20 and the 52-week low is ₹ 1315.10.

The market capitalization of Midwest Ltd is currently ₹ 4920.76. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Midwest Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Midwest Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Midwest Ltd shares.

The CEO of Midwest Ltd is , who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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