Midwest Gold Share Price & Earnings Call Analysis

₹246.30-5.00% today
Market cap
₹3,192 Cr
ROE
-5.75%
Price to sales
221.64
Debt to equity
0.75
52W high / low
₹5,710 / ₹250
EBITDA margin
-53.75%
Net profit margin
-161.78%
Promoter holding
58.45%
Sales (last year)
₹14 Cr

Incorporated in 1990, Midwest Gold Ltd processing and trading business of Granite, Marble and other natural stone[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Other Construction Materials
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Glass Wall Syst.Good growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Other Construction Materials companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹28 Cr9.1
240%+Flat₹1,139 Cr17.2
3Glass Wall Syst.20–40%Flat₹1,863 Cr26.2
420–40%Flat₹387 Cr9.2
510–20%Up 0–2%₹346 Cr6.3

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Midwest Energy Ltd announcements

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Financials of Midwest Energy Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Midwest Energy Ltd

Quarterly Results

Quarter-by-quarter operating performance

Jun 2025Sep 2025Dec 2025
Sales +0.491.201.20
Expenses +3.213.243.22
Operating Profit-2.72-2.04-2.02
OPM %-555.10%-170.00%-168.33%
Other Income +0.300.210.23
Interest0.660.840.59
Depreciation0.700.850.87
Profit before tax-3.78-3.52-3.25
Tax %0.00%0.00%0.00%
Net Profit +-3.78-3.53-3.25
EPS in Rs-3.13-2.90-2.40

Financials of Midwest Energy Ltd

Profit & Loss

Annual income statement trend

Mar 2025
Sales +0.78
Expenses +4.94
Operating Profit-4.16
OPM %-533.33%
Other Income +0.28
Interest2.38
Depreciation0.58
Profit before tax-6.84
Tax %-0.15%
Net Profit +-6.84
EPS in Rs-5.07
Dividend Payout %0.00%

Financials of Midwest Energy Ltd

Balance Sheet

Capital structure and asset base

Mar 2025Sep 2025
Equity Capital11.0511.05
Reserves77.7069.33
Borrowings +105.96151.56
Other Liabilities +9.856.92
Total Liabilities204.56238.86
Fixed Assets +30.8449.45
CWIP75.5496.60
Investments0.001.55
Other Assets +98.1891.26
Total Assets204.56238.86

Financials of Midwest Energy Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2025
Cash from Operating Activity +-33.28
Cash from Investing Activity +-83.94
Cash from Financing Activity +156.27
Net Cash Flow39.05
Free Cash Flow-115.73
CFO/OP798%

Financials of Midwest Energy Ltd

Ratios

Working capital efficiency and return ratios

Mar 2025
Debtor Days294.81
Inventory Days878.70
Days Payable820.12
Cash Conversion Cycle353.39
Working Capital Days-744.04
ROCE %
15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+18.4%73%
Last 6 months−40.1%2%
Last 3 months−32.0%3%

The price is 54.8% below its all-time high of ₹571.01 (2 Feb 2026). Stocks more than 20% below their peak have their score halved, so 31 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Midwest Energy Ltd: 0.4 × 73 + 0.4 × 2 + 0.2 × 3 = 31, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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