| Revenue growth | 3% YoY growth to ₹645cr; Q4 hit by logistics delays. |
|---|---|
| Margins | Granite EBITDA stable at 27.5%; consolidated margins hit by startup costs. |
| Demand visibility | Strong granite demand in China, Middle East, and North African markets. |
| Management confidence | Balanced confidence despite operational glitches and startup costs in quartz. |
Growth
Granite revenue grew 3% YoY to ₹645cr; HPQ segment remains in early-stage stabilization and production ramp-up.
Outlook
Targeting 60% capacity utilization for Quartz Phase 1; Phase 2 commissioning by Q4 FY26 with ₹130cr capex.
Risks
Logistics disruptions delayed ₹25cr in revenue; HPQ segment startup costs impacted consolidation PAT by ₹6cr.
Earnings Call filed with BSE, NSE: MIDWESTLTD. Summary written with AI assistance from the document.
Midwest Ltd: key numbers
- Share price
- ₹929.50
- Market cap
- ₹3,361 Cr
- Revenue (annual)
- ₹645.6 Cr
- Net profit (annual)
- ₹104.8 Cr
- P/E (TTM)
- 30.3×Sector 33.0×
- Promoter holding
- 77.12%-0.01% QoQ
- FII holding
- 3.88%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Midwest Ltd
All →Midwest Other Announcement
Midwest Limited informed exchanges about the dispatch of physical letters to shareholders with unregistered emails, providing links to the 45th AGM notice and Annual Report.
Midwest Annual Report
Midwest Ltd has filed its Annual Report for FY 2025-26 and the notice for its 45th Annual General Meeting. This report is now available to shareholders.
Midwest Annual General Meeting
Midwest Ltd has issued a notice convening its 45th Annual General Meeting to be held on September 28, 2026, through video conferencing.
Midwest Earnings Call Transcript: Key Takeaways
Midwest Ltd reported strong growth in Granite but faced margin pressure from extreme diesel price volatility. Management is pivoting toward higher-margin Rare Earths and Quartz expansion to diversify revenue.
- Call
- Guides 30% growth
Midwest Investor Presentation: Key Takeaways
Midwest Limited delivered strong Q1FY27 results with 35% YoY revenue growth. The company is pivoting from granite dominance toward high-growth verticals like Quartz and Rare Earth Materials.
- Call
- Guides 150% growth
Midwest Q1 FY27 Results: Net Profit ₹31 Cr, Up 27.0% YoY
Midwest Ltd reported revenue from operations of ₹191.8 Cr (+34.8% YoY) and net profit of ₹31 Cr (+27.0% YoY) for Q1 FY27.
- Key figure
- Net profit ₹31 Cr · +27.0% YoY