Midwest

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A by CRISIL.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 35% and profit rose 29% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 77% of the company, about the same as in Dec 2025.
• ValuationCheap vs its pastThe share trades at 35.4 times its yearly earnings (P/E), cheaper than 87% of the time in the last 1 years. Its usual P/E is about 45.

Midwest against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)35.4 against a typical 34.1: pricier than most peers (1st = cheapest).6th of 10
• Sales growth+35.2% against a typical −0.6% from a year earlier.2nd of 10
• Profit growth+29.2% against a typical +29.2% from a year earlier.4th of 7
• Share price, 3 months−14.2% against a typical −14.2%.5th of 9
• Size₹ 3,952.1 Cr. market value against a typical ₹ 90.3 Cr. (1st = largest).1st of 9

Exchange filings and their impact on the company.

• 15 Oct 2026Outcome of Board MeetingLow impactPositivePrice +3.2% on 16 Oct
  Midwest to set up Singapore holding subsidiary for overseas minerals and rare earth push, with no upfront size disclosed.

  Midwest Limited's board on October 15, 2026 approved setting up a wholly owned subsidiary in Singapore. The new company will be a 100% owned intermediate holding and investment entity for overseas mining of heavy mineral sands and rare earth materials, mineral trading and processing. No investment amount was disclosed, with funding to be made in tranches, so there is no near-term financial impact beyond incorporation costs.

  Full analysisFiling
• 7 Oct 2026Disruption of OperationsMedium impactNegativePrice −7.3% on 8 Oct
  DGMS halted mining at Chimakurthy granite mine after side collapse, pausing output till safety cleared.

  Midwest Limited received a prohibitory order on 6 Oct 2026 from the Directorate General of Mines Safety after a side collapse in the northern part of its Midwest Granite Mine at Chimakurthy, Andhra Pradesh, originating from an adjoining mine. The order bans granite extraction and employment of persons at the mine until the danger is removed, with no injury or financial penalty reported. This suspends output from a key mine and will weigh on sales and profits until DGMS clearance is obtained.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Kollareddy Ramachandra

Chief Executive Officer, Whole Time Director

Dilip Kumar Chalasani

Chief Financial Officer

K. Achyutanand Reddy

Company Secretary and Compliance Officer

Uma Priyadarshini Kollareddy

Whole Time Director

Kukreti Soumya

Whole Time Director