Mid India Inds.

₹13.7 0.7 | 5%

WEBSITE BSE:500277 NSE : MID INDIA IN 18 May, 12:50

Market Cap ₹22 Cr.

Stock P/E -234.8

P/B -5.2

Current Price ₹13.7

Book Value ₹ -2.6

Face Value 10

52W High ₹13.7

Dividend Yield 0%

52W Low ₹ 6.2

Edit Ratio

Mid India Inds. Research see more...

Overview Inc. Year: 1991Industry: Textile - Spinning

Mid India Inds. Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Mid India Inds. Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	2	1	6	10	6	3	2	3	2	0
Other Income	0	0	0	0	0	-0	0	0	0	0
Total Income	2	1	6	10	6	3	2	3	2	0
Total Expenditure	2	1	6	9	5	3	2	3	2	0
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	-0	0.2	0.1	0.2	0.1	0.1	0	-0.1	-0.1

Mid India Inds. Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	42	38	29	23	25	23	21	8	2	19	15	7
Other Income	0	0	0	0	0	0	0	0	0	0	0	0
Total Income	42	38	29	23	25	23	21	9	2	19	15	7
Total Expenditure	41	37	29	24	28	27	24	8	2	18	13	7
Operating Profit	1	1	0	-1	-2	-4	-2	0	0	1	1	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	0	0	-1	-2	-4	-3	-0	-0	1	1	0
Provision for Tax	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	0	0	-1	-2	-4	-3	-0	-0	1	0	0
Adjustments	0	0	0	0	0	0	0	0	0	0	-0	0
Profit After Adjustments	0	0	0	-1	-2	-4	-3	-0	-0	1	0	0
Adjusted Earnings Per Share	0.1	0.1	0.1	-0.5	-1.4	-2.6	-1.6	-0	-0.2	0.3	0.3	-0.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-21%	23%	-8%	-10%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	-100%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	37%	56%	107%	37%
ROE Average	0%	0%	0%	-8%
ROCE Average	0%	0%	0%	-7%

Mid India Inds. Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	5	5	5	4	2	-2	-5	-5	-5	-5	-4
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	5	3	4	5	8	11	11	13	10	13	10
Total Liabilities	10	8	9	9	10	9	6	8	5	8	6
Fixed Assets	2	2	2	2	2	2	2	2	2	1	1
Other Non-Current Assets	1	0	0	0	1	1	1	0	0	0	0
Total Current Assets	6	6	7	7	7	6	3	6	3	6	4
Total Assets	10	8	9	9	10	9	6	8	5	8	6

Mid India Inds. Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	0	0	0	0	0	0	0	0
Cash Flow from Operating Activities	1	0	0	1	0	-0	-0	-0	0	-0	-0
Cash Flow from Investing Activities	-0	0	0	-0	-1	0	-0	-0	-0	0	-0
Cash Flow from Financing Activities	-1	-1	-1	-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 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.1	0.1	0.07	-0.52	-1.38	-2.63	-1.59	-0.02	-0.15	0.32	0.28
CEPS(Rs)	0.27	0.27	0.22	-0.38	-1.23	-2.47	-1.42	0.13	0.01	0.43	0.41
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	2.88	2.98	3.05	2.53	1.15	-1.48	-3.07	-3.09	-3.25	-2.93	-2.51
Core EBITDA Margin(%)	1.13	1.91	1.41	-3.12	-8.24	-18.11	-11.06	2.14	-0.47	4.94	8.5
EBIT Margin(%)	0.7	1.41	0.75	-3.62	-8.83	-18.92	-12.16	-0.42	-15.17	4.15	3.94
Pre Tax Margin(%)	0.47	0.54	0.51	-3.7	-8.83	-18.92	-12.16	-0.42	-15.17	4.15	3.94
PAT Margin (%)	0.38	0.43	0.4	-3.7	-8.83	-18.92	-12.16	-0.42	-15.17	2.74	3.06
Cash Profit Margin (%)	1.07	1.16	1.22	-2.67	-7.87	-17.73	-10.87	2.52	0.88	3.72	4.58
ROA(%)	1.47	1.8	1.4	-9.49	-23.7	-45.68	-35.55	-0.53	-3.95	8.13	6.62
ROE(%)	3.44	3.39	2.41	-18.8	-75.07	0	0	0	0	0	0
ROCE(%)	4.49	8.93	3.98	-17.97	-74.89	0	0	0	0	0	0
Receivable days	14.86	11.25	13.41	23.17	23.22	37.58	46.39	163.79	866.6	61.3	77.06
Inventory Days	30.62	30.02	50.07	68.09	59.68	54.07	0	0	0	21.23	16.39
Payable days	42.3	33.08	46.93	93.04	119.04	186.02	219.69	527.96	3017.44	228.49	290.56
PER(x)	6.16	3.73	30.17	0	0	0	0	0	0	26.87	47.95
Price/Book(x)	0.21	0.12	0.72	0.44	0.59	-0.34	-0.1	-0.31	-1.08	-2.92	-5.28
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.05	0.03	0.12	0.06	0.04	0.03	0.02	0.18	3.45	0.73	1.46
EV/Core EBITDA(x)	3.34	1.5	7.99	-2.2	-0.47	-0.14	-0.17	7.34	628.33	14.24	17
Net Sales Growth(%)	51.76	-9.92	-22.09	-20.95	10.17	-10.9	-6.35	-60.06	-80.58	1052.51	-22.67
EBIT Growth(%)	4.98	81.69	-58.86	-483.7	-168.53	-90.98	39.75	98.61	-594.74	415.39	-26.64
PAT Growth(%)	50.37	1.89	-26.87	-821.97	-163.13	-90.88	39.75	98.61	-594.74	307.83	-13.42
EPS Growth(%)	50.39	1.88	-26.84	-821.69	-163.12	-90.89	39.75	98.61	-593.68	307.82	-13.4
Debt/Equity(x)	0.3	0.19	0.04	0	0	0	0	0	0	0	0
Current Ratio(x)	1.19	1.81	1.73	1.38	0.85	0.53	0.28	0.43	0.29	0.49	0.42
Quick Ratio(x)	0.66	0.75	0.54	0.59	0.3	0.32	0.28	0.43	0.29	0.41	0.4
Interest Cover(x)	3.06	1.61	3.11	-47.43	-1806.87	0	0	0	0	0	0
Total Debt/Mcap(x)	1.44	1.53	0.06	0.01	0	0	0	0	0	0	0

Mid India Inds. Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	50.91	50.91	50.91	50.91	50.91	50.91	50.91	50.91	50.91	50.91
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	48.84	48.84	48.84	48.84	48.84	48.84	48.84
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8
Others	0	0	0	0	0	0	0	0	0	0
Total	1.63	1.63	1.63	1.63	1.63	1.63	1.63	1.63	1.63	1.63

Pros

Stock is trading at -5.2 times its book value
Company is almost debt free.

Cons

Company has a low return on equity of 0% over the last 3 years.
Debtor days have increased from 228.49 to 290.56days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Mid India Inds. News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Mid India Inds.

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Mid India Inds. Research see more...

Overview Inc. Year: 1991Industry: Textile - Spinning

Mid India Inds. Share Price

Alert Data

Quarterly Price

Peer Comparison

Mid India Inds. Quarterly Results

Mid India Inds. Profit & Loss

Growth Rates

Mid India Inds. Balance Sheet

Mid India Inds. Cash Flow

Mid India Inds. Ratios

Mid India Inds. Shareholding Pattern

Mid India Inds. News

IPO

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