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.
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.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
| 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 |
Documents link to external sources (exchange filings, company investor pages).
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.
| 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 % | — | — | — | — | — | — |