Latest: Midwest Ltd Q1 FY27 results →All Q4 FY26 results →
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Midwest Ltd

Q4 FY26Consumer Durables

Midwest Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management said on revenue, margins and capex.

Price₹1,141
Market cap₹4.4K Cr
P/E41.6
Updated23 Aug 2026
Read3 min read

Midwest Ltd Q4 FY26 key numbers

Revenue
Overall consolidated revenue grew from INR626 crore to INR645 crore, a 3%+ growth.

As stated in Midwest Ltd's Q4 FY26 earnings call transcript · published 31 May 2026. Reported figures, not investment advice.

The short version

Granite segment expected consistent growth of 10%-13% annually. Granite segment expected to grow consistently at 10%-13% annually; previous years showed slightly better growth.

From Midwest Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • Granite segment expected consistent growth of 10%-13% annually.
  • Overall consolidated revenue grew from INR626 crore to INR645 crore, a 3%+ growth.
  • Logistics issues in late March 2026 caused a revenue dip of ~INR25 crore, expected to be resolved.
  • Quartz production capacity aimed at 60% utilization this fiscal year, with month-on-month volume increases (targeting 10,000 tonnes this quarter).
  • Phase 2 Quartz plant under construction, expected commissioning in Q4 FY26 with revenue from next year onwards.
  • High Purity Quartz (HPQ) production anticipated beginning a quarter post Phase 2 commissioning.

2 more points from Midwest Ltd's call on revenue

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Profitability & Margins

See what Midwest Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Investing INR20 crores in a mobile pilot plant for oxide production with Kerala mining association; post-proving, plan to shift plant to Sri Lanka (Page 19).
  • Second phase Quartz plant expansion underway; capex around INR125 - 130 crores, expected commissioning by Q4 2026, with production starting Q1 2027 (Page 6).
  • Building pilot Rare Earth oxides plant with KMML in Kerala; 6-month project starting July 2026, allocated budget ~INR20 crores (Page 4).
  • Plans for solar plant capacity addition, including 0.6 MW captive plants to enhance renewable energy use and reduce fossil fuel dependency (Page 12).

2 more points from Midwest Ltd's call on capex

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Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
1Nanta Tech
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 2
4
Rev 1Mar 2
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Midwest Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Midwest Ltd said on order book & pipeline — free account, 30 seconds.

What the Q4 FY26 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned

Midwest Ltd — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹192 Cr, net profit ₹31 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Midwest Ltd Q4 FY26 results?

Granite segment expected consistent growth of 10%-13% annually. Granite segment expected to grow consistently at 10%-13% annually; previous years showed slightly better growth.

What is Midwest Ltd share price analysis?

Midwest Ltd currently shows a below-average growth signal. The stock trades at a P/E of 41.5 with a market cap of ₹4,356 Cr. Investors should review the full earnings analysis for detailed insights.

Is Midwest Ltd planning capital expenditure?

Investing INR20 crores in a mobile pilot plant for oxide production with Kerala mining association; post-proving, plan to shift plant to Sri Lanka (Page 19).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.