Midwest Limited (BOM:544587)

India · Delayed Price · Currency is INR

1,138.95

-11.30 (-0.98%)

At close: Aug 21, 2026

Midwest Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	6,952	6,456	6,262	5,856	5,119	5,295
Revenue Growth	10.52%	3.10%	6.93%	14.39%	-3.32%	36.67%
Gross Profit	4,180	3,890	3,173	2,805	2,253	2,260
Operating Income	1,510	1,434	1,556	1,372	819.01	958.4
Net Income	1,110	1,048	1,224	965.29	540.83	633.01
Earnings Per Share	30.74	29.45	36.20	28.55	16.00	18.72
EPS Growth	-6.71%	-18.65%	26.81%	78.48%	-14.56%	-28.11%

Revenue by Segment

Fiscal Year	TTM	FY 2026
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026
Quartz	55.24	18.4
Others	95.73	120.77
Granite	6,826	6,340
Eliminations	-	-22.83
Total	6,952	6,456

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	2,288	2,288	142.29	446.92	126.07	621.62
Total Debt	1,924	1,924	2,417	1,241	1,510	978.48
Net Cash (Debt)	363.58	363.58	-2,275	-794.54	-1,384	-356.86
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	10.07	10.21	-67.27	-23.50	-40.94	-10.55

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	-	1,747	873.14	1,279	-519.46	1,435
Capital Expenditures	-	-1,300	-1,838	-630.9	-444.52	-643.77
Free Cash Flow	-	447.62	-965.22	648.17	-963.98	791.3
Free Cash Flow Growth	-	-	-	-	-	233.97%

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	60.13%	60.25%	50.67%	47.90%	44.02%	42.68%
Operating Margin	21.72%	22.20%	24.85%	23.43%	16.00%	18.10%
Pretax Margin	22.00%	22.26%	28.43%	23.53%	15.37%	17.62%
Profit Margin	15.97%	16.24%	19.55%	16.48%	10.56%	11.95%
FCF Margin	-	6.93%	-15.41%	11.07%	-18.83%	14.94%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 22, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	37.16	39.58	-	-	-	-
P/FCF Ratio	92.17	92.70	-	-	-	-
PS Ratio	5.93	6.43	-	-	-	-