Midwest Limited (NSE:MIDWESTLTD)
India flag India · Delayed Price · Currency is INR
993.40
-24.90 (-2.45%)
At close: Sep 23, 2026

Midwest Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
6,9526,4566,2625,8565,1195,295
Revenue Growth
10.52%3.10%6.93%14.39%-3.32%36.67%
Gross Profit
4,1803,4293,1732,8052,2532,260
Operating Income
1,5101,4951,5561,372819.01958.4
Net Income
1,1101,0481,224965.29540.83633.01
Earnings Per Share
30.7430.0836.2028.5516.0018.72
EPS Growth
-6.71%-16.93%26.81%78.48%-14.56%-28.11%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025
Period EndingJun '26 Mar '26 Mar '25
Granite
6,8266,3406,105
Quartz
55.2418.40.41
Others
95.73120.77160.7
Eliminations
--22.83-4.33
Total
6,9526,4566,262

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
2,2882,259142.29446.92126.07621.62
Total Debt
1,9241,9242,4171,2411,510978.48
Net Cash (Debt)
363.58334.98-2,275-794.54-1,384-356.86
Net Cash Growth
------
Net Cash Per Share
10.079.61-67.27-23.50-40.94-10.55

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
-1,747873.141,279-519.461,435
Capital Expenditures
--1,300-1,838-630.9-444.52-643.77
Free Cash Flow
-447.62-965.22648.17-963.98791.3
Free Cash Flow Growth
-----233.97%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
60.13%53.12%50.67%47.90%44.02%42.68%
Operating Margin
21.72%23.16%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 YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
32.3239.58----
Forward PE
20.6420.19----
P/FCF Ratio
80.2592.70----
PS Ratio
5.176.43----