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Midwest Gold Overview

Midwest Gold Ltd engages in processing and trade of granite, marbles, and different natural stones. It is also in mining and processing of gold, diamond, and precious metals and stones; and manufacturing of diamond gear for cutting of natural stones. The organization was formerly known as Nova Granites (India) Ltd and changed its name to Midwest Gold Ltd in December 2010. The business enterprise was founded in 1990 and is based in Hyderabad, India. Midwest Gold Ltd is a subsidiary of Midwest Granite Pvt Ltd.

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Midwest Gold Key Financials

Market Cap ₹4936 Cr.

Stock P/E -721.8

P/B 63.2

Current Price ₹4096.9

Book Value ₹ 64.8

Face Value 10

52W High ₹5900

Dividend Yield 0%

52W Low ₹ 256.7

Midwest Gold Share Price

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Volume
Price

Midwest Gold Quarterly Price

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Midwest Gold Quarterly Results

#(Fig in Cr.) Jun 2025 Sep 2025 Dec 2025
Net Sales 0 1 1
Other Income 0 0 0
Total Income 1 1 1
Total Expenditure 3 3 3
Operating Profit -2 -2 -2
Interest 1 1 1
Depreciation 1 1 1
Exceptional Income / Expenses 0 0 0
Profit Before Tax -4 -4 -3
Provision for Tax 0 0 0
Profit After Tax -4 -4 -3
Adjustments 0 0 0
Profit After Adjustments -3 -3 -3
Adjusted Earnings Per Share -3.1 -2.9 -2.6

Midwest Gold Profit & Loss

#(Fig in Cr.) Mar 2025 TTM
Net Sales 1 2
Other Income 0 0
Total Income 1 3
Total Expenditure 5 9
Operating Profit -4 -6
Interest 2 3
Depreciation 1 3
Exceptional Income / Expenses 0 0
Profit Before Tax -7 -11
Provision for Tax -0 0
Profit After Tax -7 -11
Adjustments 1 0
Profit After Adjustments -6 -9
Adjusted Earnings Per Share -5.1 -8.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 1496% 411% 228% 81%
ROE Average -8% -8% -8% -8%
ROCE Average -2% -2% -2% -2%

Midwest Gold Balance Sheet

#(Fig in Cr.) Mar 2025
Shareholder's Funds 89
Minority's Interest 1
Borrowings 77
Other Non-Current Liabilities 0
Total Current Liabilities 37
Total Liabilities 205
Fixed Assets 31
Other Non-Current Assets 96
Total Current Assets 77
Total Assets 205

Midwest Gold Cash Flow

#(Fig in Cr.) Mar 2025
Opening Cash & Cash Equivalents 0
Cash Flow from Operating Activities -33
Cash Flow from Investing Activities -84
Cash Flow from Financing Activities 156
Net Cash Inflow / Outflow 39
Closing Cash & Cash Equivalent 39

Midwest Gold Ratios

# Mar 2025
Earnings Per Share (Rs) -5.07
CEPS(Rs) -5.66
DPS(Rs) 0
Book NAV/Share(Rs) 80.33
Core EBITDA Margin(%) -547.43
EBIT Margin(%) -576.06
Pre Tax Margin(%) -882.41
PAT Margin (%) -881.45
Cash Profit Margin (%) -806.08
ROA(%) -3.34
ROE(%) -7.71
ROCE(%) -2.3
Receivable days 295.18
Inventory Days 1834.17
Payable days 817.43
PER(x) 0
Price/Book(x) 3.89
Dividend Yield(%) 0
EV/Net Sales(x) 528.27
EV/Core EBITDA(x) -105.51
Net Sales Growth(%) 0
EBIT Growth(%) 0
PAT Growth(%) 0
EPS Growth(%) 0
Debt/Equity(x) 1.19
Current Ratio(x) 2.07
Quick Ratio(x) 1.96
Interest Cover(x) -1.88
Total Debt/Mcap(x) 0.31

Midwest Gold Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 72.03 72.03 72.03 72.03 72.03 72.03 63.15 63.15 63.15 57.91
FII 0 0 0 0 0 0 6.62 6.72 6.78 11.7
DII 0.63 0.63 0.63 0.63 0.63 0.63 1.86 1.86 1.86 1.7
Public 27.34 27.34 27.34 27.34 27.34 27.34 28.37 28.27 28.21 28.69
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Midwest Gold News

Midwest Gold Pros & Cons

Pros

  • Debtor days have improved from 817.43 to days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of -8% over the last 3 years.
  • Stock is trading at 63.2 times its book value.
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