Midwest Limited (NSE:MIDWESTLTD)

Midwest Balance Sheet

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

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	2,288	142.25	254.58	110.16	356.1
Short-Term Investments	-	0.04	3.02	7.65	265.52
Trading Asset Securities	-	-	189.32	8.26	-
Cash & Short-Term Investments	2,288	142.29	446.92	126.07	621.62
Cash Growth	1507.79%	-68.16%	254.50%	-79.72%	1136.15%
Accounts Receivable	2,276	2,400	1,191	962.46	416.42
Other Receivables	-	0.67	93.99	1.25	20.35
Receivables	2,437	2,857	1,403	1,074	552.55
Inventory	434.57	276.12	371.99	574.18	509.86
Prepaid Expenses	-	143.62	46.16	34.38	-
Other Current Assets	818.92	806.23	658.09	507.29	422.54
Total Current Assets	5,978	4,226	2,926	2,316	2,107
Property, Plant & Equipment	5,124	4,218	2,654	2,560	2,399
Long-Term Investments	202.93	218.94	206.36	191.84	113.24
Goodwill	15.48	15.48	15.48	15.3	18.1
Other Intangible Assets	1,234	1,098	1,059	1,033	934.96
Long-Term Deferred Tax Assets	121.04	72.48	68.98	31.28	40.86
Other Long-Term Assets	650.18	629.83	674.6	412.81	424.42
Total Assets	13,668	10,587	7,604	6,560	6,038

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	713.65	499.51	215.79	205.01	105.84
Accrued Expenses	34.91	333.35	222.8	205.36	453.52
Short-Term Debt	-	680.74	364.66	603.13	183.62
Current Portion of Long-Term Debt	419.03	307.89	273.73	273.83	240.39
Current Portion of Leases	22.55	6.81	6.55	1.53	-
Current Income Taxes Payable	265.45	228.99	34.31	28.49	-
Other Current Liabilities	729.86	577.08	643.47	441.61	920.34
Total Current Liabilities	2,185	2,634	1,761	1,759	1,904
Long-Term Debt	1,299	1,377	566.44	613.8	537.21
Long-Term Leases	183.32	44.07	30.08	17.94	17.26
Long-Term Unearned Revenue	-	6.68	24.12	-	-
Pension & Post-Retirement Benefits	-	41.58	35.38	35.9	36.22
Long-Term Deferred Tax Liabilities	26.9	24.98	32.91	-	-
Other Long-Term Liabilities	187.6	133.83	163.16	14.67	20.63
Total Liabilities	3,883	4,263	2,613	2,441	2,515

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	180.8	169.06	96.61	7.43	7.43
Retained Earnings	-	5,146	3,928	3,157	3,153
Comprehensive Income & Other	9,443	876.66	920.62	931.39	266.89
Total Common Equity	9,624	6,192	4,945	4,096	3,427
Minority Interest	161.5	132.35	45.57	22.46	95.12
Shareholders' Equity	9,785	6,324	4,991	4,119	3,522
Total Liabilities & Equity	13,668	10,587	7,604	6,560	6,038

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	1,924	2,417	1,241	1,510	978.48
Net Cash (Debt)	363.58	-2,275	-794.54	-1,384	-356.86
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	10.21	-67.27	-23.50	-40.94	-10.55
Filing Date Shares Outstanding	34.72	33.81	33.81	33.81	33.81
Total Common Shares Outstanding	34.72	33.81	33.81	33.81	33.81
Working Capital	3,793	1,591	1,165	557.15	202.84
Book Value Per Share	277.17	183.12	146.25	121.15	101.36
Tangible Book Value	8,374	5,078	3,871	3,048	2,474
Tangible Book Value Per Share	241.18	150.19	114.47	90.16	73.18
Land	-	1,102	1,093	1,082	974.07
Buildings	-	163.49	163.42	166.24	164.06
Machinery	-	2,598	2,117	2,174	1,909
Construction In Progress	-	1,164	132.73	21.56	96.44
Leasehold Improvements	-	-16.83	19.59	19.59	19.59

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 1, 2026

Data Sources Report a data error