Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹132 Cr.
Stock P/E
-0.8
P/B
0.7
Current Price
₹9.6
Book Value
₹ 14.5
Face Value
10
52W High
—
52W Low
—
Dividend Yield
0%

Mideast Integrated Overview

Business

Mideast Integrated Steels Ltd. operates within the Steel & Iron Products sector in India. As an "integrated steels" company, it is typically involved in the entire steel manufacturing value chain, from processing raw materials (such as iron ore and coal) into intermediates like pig iron or direct reduced iron (DRI), and then into crude steel, which is subsequently rolled into various finished or semi-finished steel products. The company's core business model revolves around producing and selling a range of steel products to cater to diverse industrial, construction, and infrastructure needs. It generates revenue through the sale of these manufactured steel goods.

Revenue Mix

Specific details on Mideast Integrated Steels Ltd.'s key segments or revenue mix are not publicly available without financial reports. However, integrated steel companies generally derive revenue from a portfolio of products which may include billets, TMT bars (rebar), wire rods, structural steel, or other specialized steel products used in construction, manufacturing, and engineering. Without further data, a detailed breakdown cannot be provided.

Industry

The Indian steel industry is a cyclical, capital-intensive sector, heavily influenced by economic growth, infrastructure development, and raw material prices. It is characterized by the presence of large, integrated players (like Tata Steel, JSW Steel, SAIL) alongside numerous smaller and mid-sized producers. Mideast Integrated Steels Ltd. likely operates as a mid-tier or regional player within this competitive landscape. Its positioning would depend on its production capacity, cost efficiency, product mix, and market reach, facing competition from both large domestic players and imports.

MOAT

The steel industry, especially for commodity-grade products, generally offers limited durable competitive advantages due to its highly commoditized nature. For Mideast Integrated Steels, a strong moat would be challenging to establish. Potential advantages could include:

Cost Leadership: Achieved through efficient operations, captive raw material sources (if any), or superior logistics.

Locational Advantage: Proximity to raw materials or key markets.

Niche Products: Specialization in certain high-margin or customized steel products.

Without specific information, it's likely that the company's competitive edge is primarily driven by cost efficiency and operational effectiveness rather than strong brand recognition, network effects, or high switching costs.

Growth Drivers

Key factors that could drive growth for Mideast Integrated Steels Ltd. over the next 3-5 years include:

Infrastructure Spending: Significant government investments in infrastructure projects (roads, railways, ports, urban development) in India.

Urbanization & Real Estate: Growing demand from residential and commercial construction.

Manufacturing Growth: Revival and expansion of manufacturing sectors utilizing steel, supported by government initiatives like "Make in India" and PLI schemes.

Capacity Expansion: Any strategic investments by the company to increase production capacity or modernize facilities.

Product Diversification: Expansion into higher-value or specialized steel products.

Risks

Mideast Integrated Steels Ltd. faces several risks inherent to the steel industry:

Commodity Price Volatility: Fluctuations in raw material prices (iron ore, coking coal, energy) and finished steel prices can significantly impact profitability.

Economic Cyclicality: The steel industry is highly sensitive to economic downturns, which can reduce demand.

Import Competition: Cheaper imports from other steel-producing nations can put pressure on domestic prices and margins.

Environmental & Regulatory Risks: Strict environmental regulations, compliance costs, and challenges in obtaining clearances.

High Capital Intensity: Steel manufacturing requires substantial capital expenditure for maintenance and expansion, often leading to high debt levels.

Geopolitical Factors: Global trade tensions or supply chain disruptions can impact operations.

Management & Ownership

Specific information about the promoters, management quality, or detailed ownership structure of Mideast Integrated Steels Ltd. is not available. In India, many companies, especially in heavy industries, are promoter-driven, meaning a founding family or group holds a significant stake and exerts substantial control over strategic decisions and day-to-day operations. The quality of management would depend on their experience, strategic vision, and corporate governance practices.

Outlook

The outlook for Mideast Integrated Steels Ltd. is closely tied to the broader Indian economic trajectory and the cyclical nature of the steel industry. India's continued focus on infrastructure development, urbanization, and manufacturing growth presents a strong demand tailwind for steel products. This supportive environment could enable the company to expand its market share and improve profitability, especially if it operates efficiently and can manage input costs effectively. However, the company faces inherent challenges such as intense competition, volatile raw material prices, and the risk of economic slowdowns. Sustained profitability will depend on its ability to navigate these external factors, optimize its cost structure, and potentially move towards higher-value products while managing its financial leverage in a capital-intensive sector.

Mideast Integrated Share Price

Live · BSE / NSE · Inception: 1992
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Mideast Integrated Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 132 177 184 128 115 210 65 131 139 153
Other Income 0 1 -5 0 0 1 0 3 18 0
Total Income 132 178 179 129 116 211 66 134 157 153
Total Expenditure 132 195 166 162 109 217 94 139 127 148
Operating Profit 1 -17 13 -33 7 -6 -28 -5 30 5
Interest 15 11 16 12 81 13 13 13 8 12
Depreciation 19 16 16 14 17 18 18 18 17 17
Exceptional Income / Expenses -1 -3 -18 -0 68 -0 0 -0 -3 0
Profit Before Tax -34 -47 -37 -60 -23 -37 -59 -36 1 -23
Provision for Tax -13 -9 -6 0 7 3 -1 -3 36 15
Profit After Tax -21 -38 -32 -60 -30 -41 -58 -33 -35 -38
Adjustments 0 0 -0 0 0 0 -0 -0 0 0
Profit After Adjustments -21 -38 -32 -60 -30 -41 -58 -33 -35 -38
Adjusted Earnings Per Share -1.5 -2.8 -2.3 -4.3 -2.2 -2.9 -4.2 -2.4 -2.5 -2.8

Mideast Integrated Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 707 659 948 1062 403 192 228 803 784 574 545 488
Other Income 25 25 14 84 48 7 231 31 123 -1 23 21
Total Income 732 684 961 1146 451 199 459 833 907 572 568 510
Total Expenditure 636 554 763 1036 452 240 230 831 771 607 577 508
Operating Profit 96 130 199 110 -1 -41 229 3 135 -35 -9 2
Interest 73 101 173 109 11 16 35 50 39 126 48 46
Depreciation 92 84 83 82 82 68 68 66 65 66 70 70
Exceptional Income / Expenses 0 0 0 0 0 0 262 -23 -5 -15 -3 -3
Profit Before Tax -69 -54 -58 -81 -94 -124 388 -136 27 -241 -131 -117
Provision for Tax 3 -14 7 5 6 2 0 59 7 -2 38 47
Profit After Tax -72 -41 -64 -87 -100 -126 388 -195 20 -239 -169 -164
Adjustments 25 0 0 0 0 1 -2 0 -0 372 1 0
Profit After Adjustments -47 -40 -64 -86 -99 -126 386 -195 20 133 -167 -164
Adjusted Earnings Per Share -3.4 -2.9 -4.6 -6.3 -7.2 -9.1 28 -14.2 1.4 9.7 -12.1 -11.9

Mideast Integrated Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 611 629 549 470 324 200 588 392 413 548 382
Minority's Interest 353 43 52 99 113 127 128 131 131 131 131
Borrowings 457 382 387 356 347 344 170 189 557 549 547
Other Non-Current Liabilities 674 571 515 437 441 440 315 314 272 300 333
Total Current Liabilities 362 404 625 714 694 661 645 663 678 354 429
Total Liabilities 2458 2029 2128 2077 1920 1772 1847 1688 2051 1882 1821
Fixed Assets 1825 1326 1268 1193 1105 1037 1038 981 927 1198 1129
Other Non-Current Assets 327 399 428 452 447 440 395 316 319 302 304
Total Current Assets 306 304 432 432 369 295 414 392 805 383 387
Total Assets 2458 2029 2128 2077 1920 1772 1847 1688 2051 1882 1821

Mideast Integrated Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 50 19 19 44 50 44 14 17 26 37 78
Cash Flow from Operating Activities 161 187 168 -46 -100 -11 -214 3 50 95 -1
Cash Flow from Investing Activities -99 -50 -17 17 35 20 46 26 -8 -2 -3
Cash Flow from Financing Activities -93 -136 -126 35 27 -44 171 -18 -31 -52 -1
Net Cash Inflow / Outflow -31 0 25 6 -38 -34 2 10 11 41 -5
Closing Cash & Cash Equivalent 19 19 44 50 12 10 17 26 37 78 73

Mideast Integrated Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -3.42 -2.92 -4.63 -6.26 -7.2 -9.11 28.01 -14.16 1.42 9.66 -12.14
CEPS(Rs) 1.43 3.13 1.36 -0.31 -1.26 -4.26 33.06 -9.38 6.16 -12.57 -7.16
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 44.33 45.62 39.79 34.12 23.52 14.5 42.67 28.43 29.95 39.75 27.68
Core EBITDA Margin(%) 9.25 14.83 17.34 2.08 -10.24 -23.55 -1.06 -2.97 1.61 -5.79 -5.95
EBIT Margin(%) 0.54 6.59 10.85 2.2 -17.48 -53.44 180.1 -9.13 8.22 -20.19 -15.14
Pre Tax Margin(%) -8.95 -7.68 -5.39 -6.51 -19.72 -61.29 165.16 -14.44 3.36 -42.08 -24.04
PAT Margin (%) -9.36 -5.73 -6.02 -6.92 -20.98 -62.27 165.16 -20.69 2.47 -41.69 -30.95
Cash Profit Margin (%) 2.56 6.1 1.76 -0.34 -3.66 -28.96 194.13 -13.7 10.71 -30.21 -18.13
ROA(%) -2.95 -1.81 -3.09 -4.12 -4.99 -6.84 21.43 -11.05 1.05 -12.16 -9.1
ROE(%) -11.7 -6.53 -10.9 -17 -25.08 -48.19 98.4 -39.87 4.87 -49.77 -36.26
ROCE(%) 0.36 4.14 10.76 2.72 -9.11 -13.92 50.33 -9.76 6.2 -9.65 -8.14
Receivable days 4.07 4.23 3.06 8.79 34.39 69.97 61.47 16.91 15.33 29.42 61.07
Inventory Days 85.32 92.22 77.82 68.33 152.5 318.34 321.19 90.14 86.91 113.96 126.34
Payable days 112.99 173.6 179.88 127.65 322.04 5699.83 1217.17 126.66 96.98 105.33 115.2
PER(x) 0 0 0 0 0 0 0.36 0 0 0 0
Price/Book(x) 0 0 1.17 0.41 0.16 0.46 0.24 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.88 0.86 1.12 0.6 1.35 3.02 2.14 0.63 0.63 1.15 1.22
EV/Core EBITDA(x) 6.53 4.37 5.36 5.81 -710.21 -14.24 2.13 201.83 3.63 -19.18 -72.09
Net Sales Growth(%) 26.63 -6.79 43.82 12.08 -62.07 -52.29 18.48 252.49 -2.33 -26.84 -5.06
EBIT Growth(%) -66.89 1031.3 148.17 -76.21 -401.76 -30.51 490.16 -120.38 175.65 -277.63 28.81
PAT Growth(%) -7164.24 43.68 -58.4 -34.99 -15.09 -26.71 407.04 -150.39 110.03 -1319.91 29.52
EPS Growth(%) -4729.96 14.6 -58.75 -35 -15.09 -26.5 407.57 -150.54 110.01 581.33 -225.69
Debt/Equity(x) 0.87 0.76 0.9 1.08 1.6 2.58 0.64 1.04 2.15 1 1.43
Current Ratio(x) 0.85 0.75 0.69 0.61 0.53 0.45 0.64 0.59 1.19 1.08 0.9
Quick Ratio(x) 0.4 0.27 0.28 0.31 0.26 0.19 0.26 0.26 0.96 0.51 0.49
Interest Cover(x) 0.06 0.46 0.67 0.25 -7.82 -6.81 12.05 -1.72 1.69 -0.92 -1.7
Total Debt/Mcap(x) 0 0 0.77 2.61 9.79 5.65 2.72 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -5% -12% +23% -3%
Operating Profit CAGR — 0% — 0%
PAT CAGR — — — —
Share Price CAGR 0% -1% -5% —
ROE Average -36% -27% -5% -13%
ROCE Average -8% -4% +6% +2%

Mideast Integrated Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 53.59 %
FII 0 %
DII (MF + Insurance) 0.15 %
Public (retail) 46.26 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 53.5953.5953.5953.5953.5953.5953.5953.5953.5953.59
FII 0000000000
DII 0.150.150.150.150.150.150.150.150.150.15
Public 46.2646.2646.2646.2646.2646.2646.2646.2646.2646.26
Others 0000000000
Total 100100100100100100100100100100

Mideast Integrated Peer Comparison

Steel & Iron Products Edit Columns

Mideast Integrated Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Mideast Integrated Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Company has reduced debt.

Cons

  • Company has a low return on equity of -27% over the last 3 years.
  • Debtor days have increased from 105.33 to 115.2days.
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