Midwest Gold Ltd operates in Other Construction Materials within the Materials sector. The company operates at microscopic scale with quarterly revenues of ₹0.06–₹0.27 Cr and has posted net losses every quarter throughout 2019–21, the most recent data shown. At a market cap of ₹4,431 Cr, valuations suggest investors are pricing in a turnaround.
Generated analysis · source review pending
Generated analysis · source review pending
692 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | -78.4% | -50% | 5.7% | 9.5% | -157.8% | 12.8% |
| EBITDA margin % | — | -112.1% | -297.3% | -1,175% | -298.9% | -98.1% | -675.6% | -8.3% |
| EBIT margin % | — | -144.8% | -332.4% | -1,266.7% | -304% | -107.6% | -693.3% | -8.8% |
| PAT margin % | — | -217.2% | -373% | -1,350% | -549.1% | -219.1% | -875.6% | 11.5% |
| Working capital | ||||||||
| Receivable days | — | — | — | 12,075 | 71 | 139 | 187 | 369 |
| Inventory days | — | — | — | 3,346 | 411 | 438 | 0 | 0 |
| Payable days | — | — | — | 5,698 | 690 | 1,226 | 28 | 0 |
| NWC days | — | — | — | 9,723 | -208 | -649 | 158 | 369 |
| Leverage | ||||||||
| Current ratio | — | — | — | 0.33 | 0.19 | 0.16 | 1.18 | 2.35 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | — | -1.97 | -1.21 | -1.16 | 0.31 | 0.23 |
| Interest coverage | — | — | -3 | -2.2 | -5.2 | -0.9 | -0.8 | 2.1 |
| Asset turnover | — | — | 0.16 | 0.01 | 0.22 | 0.15 | 0 | 0.05 |
| Return ratios | ||||||||
| Return on assets % | — | — | -60% | -11.5% | -122.1% | -32.5% | -3.3% | 0.5% |
| Return on capital employed % | — | — | — | 12.5% | 25.6% | 4.7% | -1.9% | 2% |
| Return on equity % | — | — | — | 14.4% | 46.2% | 9.9% | -4.3% | 0.7% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 72.03% | 72.03% | 72.03% | 72.03% | 72.03% | 72.03% | 63.15% | 63.15% | 63.15% | 57.91% | 58.78% | 58.45% | |
| 0% | 0% | 0% | 0% | 0% | 0% | 6.62% | 6.72% | 6.78% | 11.7% | 12.02% | 12.63% | |
| 0.63% | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% | 1.86% | 1.86% | 1.86% | 1.7% | 1.59% | 1.58% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 27.34% | 27.34% | 27.34% | 27.34% | 27.34% | 27.34% | 28.37% | 28.27% | 28.21% | 28.69% | 27.61% | 27.34% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 7,573 | 9,066 | 8,868 | 8,825 |
Promoter holding down 13.58 percentage points since Sep 2023.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No scheme among the 32 fund houses on record reported a position in Midwest Gold Ltd. Portfolios are published monthly by each AMC; coverage is still partial.
Documents link to external sources (exchange filings, company investor pages).
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Ramco Industries LimitedRAMCOINDRAMCOIND | ₹2,624 Cr | ₹2,793 Cr | ₹1,870 Cr | ₹269 Cr | 13% | ₹327 Cr | 17.1% | 4.7% | 7% | 242 |
| Glass Wall Systems (India) LimitedGLASSWALLGLASSWALL | ₹2,378 Cr | ₹2,384 Cr | ₹457 Cr | ₹105 Cr | 23% | ₹84 Cr | 18.3% | 50.4% | 38.6% | — |
| Arisinfra Solutions LimitedARISARIS | ₹1,134 Cr | ₹1,189 Cr | ₹1,146 Cr | ₹113 Cr | 9.4% | ₹66 Cr | 5.7% | 21.4% | 10.9% | 71 |
| Birlanu LimitedBIRLANUBIRLANU | ₹1,043 Cr | ₹1,896 Cr | ₹3,852 Cr | ₹43 Cr | 0.3% | ₹-109 Cr | -3.2% | -4.9% | -10.3% | 62 |
| Everest Industries LimitedEVERESTINDEVERESTIND | ₹756 Cr | ₹884 Cr | ₹1,352 Cr | ₹-10 Cr | -2.7% | ₹-1 Cr | -7.2% | -9% | -18.6% | 97 |
| Midwest Gold LtdREMAGNETREMAGNET | ₹488 Cr | ₹584 Cr | ₹4 Cr | ₹6 Cr | -8.3% | ₹3 Cr | 11.5% | 2% | 1.1% | 369 |
| Marble City India LtdMARBLEMARBLE | ₹423 Cr | ₹528 Cr | ₹59 Cr | ₹13 Cr | 25.3% | ₹2 Cr | 5.5% | 14.6% | 6.6% | 661 |
| Sahyadri Industries LimitedSAHYADRISAHYADRI | ₹388 Cr | ₹404 Cr | ₹723 Cr | ₹80 Cr | 9% | ₹45 Cr | 4.3% | 10.6% | 7.4% | 142 |
| Om Galaxy LtdOMGOMG | ₹303 Cr | — | — | — | — | — | — | — | — | — |
| Glittek Granites LtdGLITTEKGGLITTEKG | ₹208 Cr | ₹208 Cr | ₹2 Cr | ₹-22 Cr | — | ₹7 Cr | -780% | -3.4% | -3.5% | 0 |
| Nidhi Granites LtdNIDHGRNNIDHGRN | ₹196 Cr | ₹197 Cr | ₹65 Cr | ₹12 Cr | 18.9% | ₹8 Cr | 11.8% | 56.6% | 41% | 67 |
| Divyashakti LtdDIVSHKTDIVSHKT | ₹70 Cr | ₹75 Cr | ₹57 Cr | ₹9 Cr | -1.5% | ₹6 Cr | 3% | 0.8% | 0.5% | 1,145 |
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Shareholder Meeting / Postal Ballot-Outcome of AGM
Closure of Trading Window
Intimation Of Record Date For Sub-Division/Split Of Equity Shares Of The Company
Announcement under Regulation 30 (LODR)-Newspaper Publication
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Midwest Energy Ltd - 526570 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Notice Of 36Th Annual General Meeting
| 30 Sept 2026, 8:20 pm | Insider Trading / SAST Closure of Trading Window | Closure of Trading Window |
| 12 Sept 2026, 3:51 pm | Corp. Action Record Date | Intimation Of Record Date For Sub-Division/Split Of Equity Shares Of The Company |
| 10 Sept 2026, 11:00 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication |
| 10 Sept 2026, 10:40 pm | AGM/EGM Postal Ballot | Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot |
| 10 Sept 2026, 10:34 pm | AGM/EGM Postal Ballot | Midwest Energy Ltd - 526570 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report |
| 8 Sept 2026, 11:48 pm | AGM/EGM AGM | Notice Of 36Th Annual General Meeting |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | 1 | 0 | 0 | 2 | 1 | 0 | 24 | |
| COGS | — | — | — | -0 | -0 | 1 | 0 | 2 | 1 | 1 | 21 |
| Gross profit | — | — | — | — | — | -0 | -0 | 0 | 0 | -1 | 3 |
| — | — | — | — | 1 | 1 | 1 | 5 | 1 | 2 | 5 | |
| — | — | — | — | -1 | -1 | -1 | -5 | -1 | -3 | -2 | |
| OPM % | — | — | — | — | -112.1% | -297.3% | — | -298.9% | -98.1% | -675.6% | -8.3% |
| Depreciation | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | — | — | — | 0 | — | 0 | 1 | 1 | 1 | 2 | 3 |
| — | — | — | — | — | 0 | 0 | 0 | 0 | 1 | 8 | |
| Profit before tax | -1 | -2 | -0 | -1 | -1 | -2 | -2 | -6 | -2 | -4 | 3 |
| Tax | — | — | — | — | — | -0 | -0 | 3 | 0 | 0 | 0 |
| Tax % | — | — | — | — | — | -10.3% | -19.4% | 52.3% | 0% | 0% | 0% |
| PAT | -1 | -2 | -1 | -1 | -1 | -1 | -2 | -10 | -2 | -4 | 3 |
| PAT margin % | — | — | — | — | -217.2% | -373% | — | -549.1% | -219.1% | -875.6% | 11.5% |
| EPS (₹) | -3.6 | -5.7 | -4.1 | -2.3 | -2.7 | -4.2 | -5 | -29.8 | — | — | 2.5 |
| EPS adjusted (₹) | — | — | — | — | — | -0.4 | -0.5 | -2.9 | -0.7 | -0.4 | 0.2 |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 11 | 13 |
| Reserves | — | -14 | -24 | -26 | 80 | 411 |
| — | 22 | 25 | 27 | 29 | 96 | |
| — | 3 | 4 | 3 | 1 | 6 | |
| Total equity & liabilities | — | 14 | 8 | 7 | 121 | 526 |
| 2 | 2 | 2 | 2 | 1 | 64 | |
| CWIP | — | 0 | 0 | 0 | 0 | 0 |
| Investments | — | 0 | 0 | 0 | 40 | 63 |
| 0 | 12 | 6 | 5 | 80 | 398 | |
| Total assets | 2 | 14 | 8 | 7 | 121 | 526 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 0 | -4 | -2 | -0 | -3 | -20 | |
| 0 | 0 | -0 | 0 | -44 | -280 | |
| -0 | 4 | 2 | 0 | 79 | 370 | |
| Net cash flow | 0 | 0 | 0 | 0 | 31 | 70 |
| Free cash flow | 0 | -4 | -2 | -0 | -3 | -83 |
| CFO / Operating profit % | — | — | — | — | — | — |