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Mid India Inds. Overview

Mid India Industries Ltd. is an India-based company engaged primarily in manufacturing and trading activities, with operations linked to industrial and infrastructure-related segments. The company typically focuses on producing and supplying industrial products and materials used across construction, engineering, and allied industries, catering to both domestic clients and, in some cases, export markets. Its business performance is influenced by trends in industrial activity, infrastructure spending, raw material price movements, and overall ec...Read More

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Mid India Inds. Key Financials

Market Cap ₹12 Cr.

Stock P/E -102.3

P/B -2.7

Current Price ₹7.4

Book Value ₹ -2.8

Face Value 10

52W High ₹9.9

Dividend Yield 0%

52W Low ₹ 5.2

Mid India Inds. Share Price

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Volume
Price

Mid India Inds. Quarterly Price

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Mid India Inds. Peer Comparison

Mid India Inds. Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 2 0 1 1 2 2 1 1 1 3
Other Income 0 0 0 -0 0 0 0 0 0 0
Total Income 2 0 2 1 2 2 1 1 1 3
Total Expenditure 2 0 2 1 2 2 1 1 1 3
Operating Profit 0 -0 -0 -0 0 0 -0 0 0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -0 -0 -0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 -0 0 -0 0 -0 -0
Provision for Tax 0 0 0 0 -0 0 -0 0 0 0
Profit After Tax -0 -0 -0 -0 -0 0 -0 0 -0 -0
Adjustments -0 0 -0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 -0 -0 -0 0 -0 0 -0 -0
Adjusted Earnings Per Share -0.1 -0.1 -0.1 -0.1 -0 0 -0 0 -0 -0

Mid India Inds. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 29 23 25 23 21 8 2 19 15 7 6 6
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 29 23 25 23 21 9 2 19 15 7 6 6
Total Expenditure 29 24 28 27 24 8 2 18 13 7 6 6
Operating Profit 0 -1 -2 -4 -2 0 0 1 1 -0 -0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 -0 -0 0 0
Profit Before Tax 0 -1 -2 -4 -3 -0 -0 1 1 -0 -0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 -0 0
Profit After Tax 0 -1 -2 -4 -3 -0 -0 1 0 -0 -0 0
Adjustments 0 0 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 0 -1 -2 -4 -3 -0 -0 1 0 -0 -0 0
Adjusted Earnings Per Share 0.1 -0.5 -1.4 -2.6 -1.6 -0 -0.2 0.3 0.3 -0.3 -0.1 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -14% -32% -6% -15%
Operating Profit CAGR 0% -100% 0% 0%
PAT CAGR 0% -100% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -12% -13% 14% 21%
ROE Average 0% 0% 0% -8%
ROCE Average 0% 0% 0% -8%

Mid India Inds. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 4 2 -2 -5 -5 -5 -5 -4 -4 -5
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 4 5 8 11 11 13 10 13 10 9 6
Total Liabilities 9 9 10 9 6 8 5 8 6 4 2
Fixed Assets 2 2 2 2 2 2 2 1 1 0 0
Other Non-Current Assets 0 0 1 1 1 0 0 0 0 0 0
Total Current Assets 7 7 7 6 3 6 3 6 4 4 1
Total Assets 9 9 10 9 6 8 5 8 6 4 2

Mid India Inds. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 0 1 0 -0 -0 -0 0 -0 -0 -1 -0
Cash Flow from Investing Activities 0 -0 -1 0 -0 -0 -0 0 -0 1 0
Cash Flow from Financing Activities -1 -0 -0 0 -0 -0 0 0 0 0 0
Net Cash Inflow / Outflow -0 0 -0 0 -0 -0 -0 0 -0 0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Mid India Inds. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.07 -0.52 -1.38 -2.63 -1.59 -0.02 -0.15 0.32 0.28 -0.26 -0.07
CEPS(Rs) 0.22 -0.38 -1.23 -2.47 -1.42 0.13 0.01 0.43 0.41 -0.14 -0.03
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 3.05 2.53 1.15 -1.48 -3.07 -3.09 -3.25 -2.93 -2.51 -2.69 -2.76
Core EBITDA Margin(%) 1.41 -3.12 -8.24 -18.11 -11.06 2.14 -0.47 4.94 8.5 -3.12 -0.91
EBIT Margin(%) 0.75 -3.62 -8.83 -18.92 -12.16 -0.42 -15.17 4.15 3.94 -5.9 -2
Pre Tax Margin(%) 0.51 -3.7 -8.83 -18.92 -12.16 -0.42 -15.17 4.15 3.94 -5.9 -2
PAT Margin (%) 0.4 -3.7 -8.83 -18.92 -12.16 -0.42 -15.17 2.74 3.06 -6.3 -1.86
Cash Profit Margin (%) 1.22 -2.67 -7.87 -17.73 -10.87 2.52 0.88 3.72 4.58 -3.38 -0.78
ROA(%) 1.4 -9.49 -23.7 -45.68 -35.55 -0.53 -3.95 8.13 6.62 -8.53 -4.06
ROE(%) 2.41 -18.8 -75.07 0 0 0 0 0 0 0 0
ROCE(%) 3.98 -17.97 -74.89 0 0 0 0 0 0 0 0
Receivable days 13.41 23.17 23.22 37.58 46.39 163.79 866.6 61.3 77.06 139.55 83.82
Inventory Days 50.07 68.09 59.68 54.07 0 0 0 21.23 16.39 6.47 1.32
Payable days 46.93 93.04 119.04 186.02 219.69 527.96 3017.44 228.49 290.56 495.98 449.89
PER(x) 30.17 0 0 0 0 0 0 26.87 47.95 0 0
Price/Book(x) 0.72 0.44 0.59 -0.34 -0.1 -0.31 -1.08 -2.92 -5.28 -2.58 -2.87
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.12 0.06 0.04 0.03 0.02 0.18 3.45 0.73 1.46 1.65 2.04
EV/Core EBITDA(x) 7.99 -2.2 -0.47 -0.14 -0.17 7.34 628.33 14.24 17 -220.92 -224.4
Net Sales Growth(%) -22.09 -20.95 10.17 -10.9 -6.28 -60.09 -80.58 1052.51 -22.67 -54.13 -6.1
EBIT Growth(%) -58.86 -483.7 -168.53 -90.98 39.75 98.61 -594.74 415.39 -26.64 -168.67 68.24
PAT Growth(%) -26.87 -821.97 -163.13 -90.88 39.75 98.61 -594.74 307.83 -13.42 -194.38 72.22
EPS Growth(%) -26.81 -821.63 -163.14 -90.89 39.75 98.61 -593.67 307.82 -13.4 -194.35 72.22
Debt/Equity(x) 0.04 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.73 1.38 0.85 0.53 0.28 0.43 0.29 0.49 0.42 0.42 0.2
Quick Ratio(x) 0.54 0.59 0.3 0.32 0.28 0.43 0.29 0.41 0.4 0.41 0.2
Interest Cover(x) 3.11 -47.43 -1806.87 0 0 0 0 0 0 0 0
Total Debt/Mcap(x) 0.06 0.01 0 0 0 0 0 0 0 0 0

Mid India Inds. Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 50.91 50.91 50.91 50.92 50.92 50.92 50.71 50.71 50.71 50.71
FII 0 0 0 0 0 0 0 0 0 0
DII 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25
Public 48.84 48.84 48.84 48.82 48.82 48.82 49.04 49.04 49.04 49.04
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mid India Inds. News

Mid India Inds. Pros & Cons

Pros

  • Stock is trading at -2.7 times its book value
  • Debtor days have improved from 495.98 to 449.89days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
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