ALFA Finder| Revenue growth | FY26 revenue ₹645.62cr vs ₹626.18cr in FY25. |
|---|---|
| Margins | EBITDA margin stable at 27.01%; PAT margin 16.49%. |
| Demand visibility | High for solar glass and engineered stone sectors. |
| Management confidence | Strong outlook on quartz and rare earth diversification. |
Growth
Q4FY26 revenue, EBITDA, and PAT grew 68%, 91%, and 113% QoQ respectively. FY26 Revenue grew 3% YoY.
Outlook
Targeting 2.5x revenue and 3x profit growth in 3-4 years. Planned ₹300cr capex and expansion into Sierra Leone.
Risks
Segment concentration in granite (96% revenue) and risks from fiscal policy, competition, and inflationary pressures.
Earnings Call filed with BSE, NSE: MIDWESTLTD. Summary written with AI assistance from the document.
Midwest Ltd: key numbers
- Share price
- ₹985.00
- Market cap
- ₹3,562 Cr
- Revenue (annual)
- ₹645.6 Cr
- Net profit (annual)
- ₹104.8 Cr
- P/E (TTM)
- 31.7×Sector 33.5×
- Promoter holding
- 77.12%+0.00% QoQ
- FII holding
- 3.84%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Midwest Ltd
All →Midwest Earnings Call Transcript: Key Takeaways
H1 FY27 revenue +24%, PAT ~+17%, but operating cash flow turned negative on receivables, inventory and early payables. Quartz hit 16k tons in Q2 and is still ramping. Management is confident on targets; its cash-flow explanation is defensive.
- Call
- Guides 150% growth
Midwest Q2 FY27 Results: Net Profit ₹30.2 Cr, Up 9.0% YoY
Midwest Ltd reported revenue from operations of ₹182.5 Cr (+15.0% YoY) and net profit of ₹30.2 Cr (+9.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹30.2 Cr · +9.0% YoY
Midwest Board Meeting Date
Midwest Limited has scheduled a board meeting for November 10, 2026. The board will consider and approve the company's standalone and consolidated financial results.
Midwest Other Announcement
Midwest Ltd filed its quarterly shareholding pattern for the quarter ended 30 September 2026. Promoters hold 77.12% of equity; public holds 22.88%.
Midwest Other Announcement
Midwest Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026. The report details the promoter and public shareholding information.
Midwest Adverse Business Impact
Midwest Ltd's Chimakurthy granite mine faces a DGMS prohibitory order halting extraction after a side collapse. Operations are suspended until the danger is removed, with no fine imposed.