Midwest Energy

Why is Midwest Energy Ltd falling/rising?

As of 25-Aug, the stock price of Midwest Energy Ltd is rising to 3,953.20, driven by strong recent performance, increased investor participation, and positive financial results. The stock has gained 102.32% over the past year, significantly outperforming the market.

As of 25-Aug, the stock price of Midwest Energy Ltd is rising, currently at 3,953.20, reflecting a change of 63.6 (1.64%) upwards. This upward movement can be attributed to several factors. The stock has shown strong performance over the past week, with a return of +11.70%, significantly outperforming the Sensex, which only gained +0.54% in the same period. Additionally, the stock has been on a consecutive gain streak for the last 10 days, accumulating a remarkable 32.1% return during this time.<BR><BR>Today's trading activity also indicates positive momentum, as the stock reached an intraday high of Rs 4038, marking a 3.82% increase. Furthermore, there has been a notable rise in investor participation, with delivery volume on 24 August increasing by 308.88% compared to the 5-day average, suggesting heightened interest from investors. The company has also reported positive results for the last four consecutive quarters, with cash and cash equivalents at their highest level of Rs 171.18 crore and net sales reaching Rs 6.24 crore.<BR><BR>Moreover, institutional investors have increased their stake in the company by 0.6% over the previous quarter, now holding 14.21% of the company, which reflects confidence from more sophisticated investors. The stock's performance over the past year has been exceptional, generating a return of 102.32%, far exceeding the market's average returns.<BR><BR>In summary, the combination of strong recent performance, increased investor participation, positive financial results, and growing institutional interest has contributed to the rising stock price of Midwest Energy Ltd.

Which are the latest news on Midwest Energy?

Who are in the management team of Midwest Energy?

The management team of Midwest Energy includes Deepak Kukreti and B S Raju as Executive Directors, G. Bhaskara Rao as Chairman, and several other directors, including independent and non-executive members. Anushka Agarwal serves as the Company Secretary and Compliance Officer.

The management team of Midwest Energy includes the following individuals:<BR><BR>1. Deepak Kukreti - Executive Director & Wholetime Director<BR>2. B S Raju - Executive Director & Wholetime Director<BR>3. G. Bhaskara Rao - Chairman & Independent Director<BR>4. Kothamasu Sri Surya Pratap - Independent Non-Executive Director<BR>5. Rao Sasikanth - Non-Executive Director<BR>6. Ankireddy Rajyalakshmi - Non-Executive Women Director<BR>7. Sudi Malyadri - Chairman<BR>8. Anushka Agarwal - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and management of the company. If you have any more questions about Midwest Energy or its operations, feel free to ask!

What does Midwest Energy do?

Midwest Energy Ltd trades in granite and marbles and is classified as a small-cap company. As of June 2026, it reported net sales of 6 Cr and a net loss of 1 Cr, with a market cap of INR 4,244 Cr.

Overview:<BR>Midwest Energy Ltd is engaged in the trading business of granite and marbles, operating within the miscellaneous industry and classified as a small-cap company.<BR><BR>History:<BR>The company was originally incorporated in November 1990 as Nova Granites (India) Ltd in Karnataka. It was later renamed Midwest Gold Ltd. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 6 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -1 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 4,244 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.17 <BR>Return on Equity: 1.32% <BR>Price to Book: 9.54<BR><BR>Contact Details:<BR>Address: No 25 A Attibele Indust Area, Attibele Bangalore Karnataka : 562107 <BR>Tel: 91-80-27820407 <BR>Email: novagranites1990@gmail.com <BR>Website: http://www.midwestgoldltd.com

Who are the peers of the Midwest Energy?

Midwest Energy's peers include Doms Industries, Sandur Manganese, Knowledge Marine, Crizac, Ramco Inds., Dredging Corpn., Navneet Educat., Flair Writing, Creative Newtech, and Kapston Services. Midwest Energy has below average management risk and capital structure, with a 1-year return of 92.32%, higher than Crizac but lower than Knowledge Marine's 217.20%.

Peers: The peers of Midwest Energy are Doms Industries, Sandur Manganese, Knowledge Marine, Crizac, Ramco Inds., Dredging Corpn., Navneet Educat., Flair Writing, Creative Newtech, and Kapston Services.<BR><BR>Quality Snapshot: Excellent management risk is observed at Doms Industries, Crizac, and the rest. Average management risk is found at Sandur Manganese, Knowledge Marine, Ramco Inds., Navneet Educat., Flair Writing, Creative Newtech, and Kapston Services, while below average management risk is noted at Midwest Energy, Dredging Corpn. and the rest. For growth, excellent growth is seen at Sandur Manganese, Knowledge Marine, Crizac, and the rest, while average growth is noted at Midwest Energy, and below average growth is observed at Doms Industries, Ramco Inds., Flair Writing, and the rest. Capital structure is excellent for Doms Industries, Sandur Manganese, Crizac, and Navneet Educat., while good capital structure is seen at Knowledge Marine, average at Creative Newtech, and below average at Midwest Energy, Dredging Corpn., and the rest.<BR><BR>Return Snapshot: Knowledge Marine has the highest 1-year return at 217.20%, while Crizac has the lowest at -45.37%. Midwest Energy's 1-year return of 92.32% is significantly higher than Crizac's but lower than Knowledge Marine's. Additionally, Crizac, Dredging Corpn., and Flair Writing all have negative six-month returns.

How big is Midwest Energy?

As of 14th August, Midwest Energy Ltd has a market capitalization of 4,456.14 Cr and reported Net Sales of 14.40 Cr with a Net Profit loss of 10.92 Cr over the latest four quarters. Shareholder's Funds are 88.75 Cr and Total Assets are valued at 204.53 Cr as of March 2025.

As of 14th August, Midwest Energy Ltd has a market capitalization of 4,456.14 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 14.40 Cr. However, it experienced a loss of 10.92 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025, with Shareholder's Funds amounting to 88.75 Cr and Total Assets valued at 204.53 Cr.

Should I buy, sell or hold Midwest Gold Ltd?

When is the next results date for Midwest Gold Ltd?

The next results date for Midwest Gold Ltd is August 10, 2026.

The next results date for Midwest Gold Ltd is scheduled for August 10, 2026.

Are Midwest Gold Ltd latest results good or bad?

Midwest Gold Ltd's latest results show significant revenue growth of 380% to ₹5.76 crores, but the company reported a net loss of ₹3.45 crores and a negative operating margin of -55.9%, indicating ongoing financial challenges and caution for investors.

Midwest Gold Ltd's latest results present a mixed picture, leaning towards the negative side. While the company experienced a significant revenue growth of 380% quarter-over-quarter, reaching ₹5.76 crores in Q4 FY26, it simultaneously reported a net loss of ₹3.45 crores, which is an increase in losses compared to the previous quarter. This indicates that despite the surge in sales, operational inefficiencies persist.<BR><BR>The operating margin remains deeply negative at -55.9%, reflecting ongoing challenges in managing costs effectively. Moreover, the company has accumulated losses exceeding ₹13 crores during FY26, raising concerns about its long-term viability. The extreme price-to-book value of 64.48x further suggests that the stock is trading at a significant premium without corresponding operational performance to justify it.<BR><BR>Overall, while the revenue growth is a positive sign, the continued losses and negative operating margins indicate that the company's financial health is still precarious. Investors should be cautious, as the disconnect between the stock's performance and the company's fundamental challenges could lead to volatility in the future.

Is Midwest Gold technically bullish or bearish?

As of November 7, 2025, the trend has shifted to bullish, supported by strong monthly indicators like the MACD and Bollinger Bands, although caution is advised due to mildly bearish weekly signals.

As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The monthly MACD is bullish, and both the Bollinger Bands and Dow Theory are also indicating bullish conditions on both weekly and monthly time frames. Daily moving averages are bullish as well, reinforcing the positive outlook. However, the weekly MACD and KST are mildly bearish, which suggests some caution in the short term. Overall, the strength of the bullish trend is supported by multiple indicators, particularly on the monthly time frame.

How has been the historical performance of Midwest Gold?

Midwest Gold has faced significant financial challenges, reporting a net loss of -6.84 crore and a negative operating profit margin of -546.15% as of March 2025, with total liabilities of 204.53 crore and a total debt of 105.96 crore. Despite negative cash flows from operations, the company had a net cash inflow of 39.00 crore from financing activities.

Answer:<BR>The historical performance of Midwest Gold shows significant financial challenges as of March 2025.<BR><BR>Breakdown:<BR>Midwest Gold reported net sales of 0.78 crore with total operating income also at 0.78 crore. The company faced substantial costs, including raw material costs of 0.07 crore and purchases of finished goods amounting to 0.46 crore, leading to a total expenditure of 5.04 crore. This resulted in an operating profit (PBDIT) of -4.26 crore, and after accounting for other income, the operating profit stood at -3.90 crore. The interest expense was 2.37 crore, culminating in a profit before tax of -6.85 crore and a profit after tax of -6.84 crore. The consolidated net profit was reported at -5.60 crore, with an earnings per share (EPS) of -5.07. The company’s operating profit margin was notably negative at -546.15%, and the profit after tax margin was -876.92%. On the balance sheet, total liabilities were 204.53 crore, with total assets matching this figure. The company had a total debt of 105.96 crore and a book value per share of 80.33. Cash flow analysis indicated a net cash inflow of 39.00 crore, primarily driven by financing activities, despite negative cash flows from operating and investing activities.

Who are the top shareholders of the Midwest Gold?

The top shareholders of Midwest Gold include Rama Raghava Reddy Kollareddy with 62.74%, followed by individual investors at 21.11%, Musuku Mahender Reddy at 3.62%, and four Foreign Institutional Investors holding 6.62%. Mutual funds hold a minimal 0.04%.

The top shareholders of Midwest Gold include the promoters, with Rama Raghava Reddy Kollareddy holding the largest share at 62.74%. Additionally, there are four Foreign Institutional Investors (FIIs) collectively holding 6.62%, and mutual funds are represented by three schemes with a very small holding of 0.04%. The highest public shareholder is Musuku Mahender Reddy, who owns 3.62%. Individual investors also have a significant presence, holding 21.11% of the shares.

Is Midwest Gold overvalued or undervalued?

As of September 22, 2023, Midwest Gold is considered risky and overvalued due to troubling financial ratios, including a PE ratio of -129.90, and despite a year-to-date return of 501.95%, its metrics are significantly worse than peers like MMTC and PTC India.

As of 22 September 2023, the valuation grade for Midwest Gold has moved from does not qualify to risky, indicating increased concerns regarding its financial health. The company appears to be overvalued, particularly given its troubling financial ratios, including a PE ratio of -129.90, an EV to EBIT of -150.30, and an EV to EBITDA of -170.76. These negative figures suggest significant operational challenges that are not being reflected in its current stock price.<BR><BR>In comparison to its peers, Midwest Gold's valuation metrics are starkly unfavorable. For instance, MMTC has a PE ratio of 119.39 and an EV to EBITDA of -70.04, while PTC India, categorized as very attractive, boasts a PE of 9.02 and an EV to EBITDA of 4.14. The stark contrast in these ratios highlights Midwest Gold's overvaluation in the current market context. Additionally, the company has significantly outperformed the Sensex in recent periods, with a year-to-date return of 501.95% compared to the Sensex's 5.64%, which may have contributed to inflated market expectations despite its underlying financial issues.

Has Midwest Gold declared dividend?

No Dividend History Available