Mid India Inds.

Which are the latest news on Mid India Inds.?

Why is Mid India Industries Ltd falling/rising?

As of 19-Jun, the stock price of Mid India Industries Ltd is declining, currently at 6.20, reflecting a 2.21% decrease. The stock has underperformed significantly, with a 10.40% drop over the past month and an 18.64% decline year-to-date, alongside reduced investor participation.

As of 19-Jun, the stock price of Mid India Industries Ltd is falling, currently at 6.20, which reflects a decrease of 0.14 or 2.21%. This decline is evident in the stock's performance over various periods, showing a significant drop of 10.40% over the past month and an even steeper year-to-date decline of 18.64%. Additionally, the stock has underperformed compared to the benchmark Sensex, which has gained 2.13% in the same timeframe.<BR><BR>The stock is trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume on June 17 falling by 87.55% compared to the 5-day average. This lack of engagement suggests reduced interest from investors, contributing to the stock's downward movement. Overall, these factors collectively explain the current decline in the stock price of Mid India Industries Ltd.

How big is Mid India Inds.?

As of 10th June, Mid India Industries Ltd has a market capitalization of 10.00 Cr and reported net sales of 13.11 Cr and a net profit of 0.30 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Mid India Industries Ltd has a market capitalization of 10.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 13.11 Cr, while the sum of Net Profit for the same period is 0.30 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are reported at -4.50 Cr, and Total Assets amount to 1.53 Cr.

Who are in the management team of Mid India Inds.?

The management team of Mid India Industries includes Sanjay Singh (Chairman & Managing Director), Bhawani Shankar Soni (Executive Director), and six Independent Non-Executive Directors: Deepika Gandhi, Aneet Jain, Rakesh Kumar Jain, Bhushan Tambe, and Awani Kothari.

The management team of Mid India Industries includes the following individuals:<BR><BR>1. **Sanjay Singh** - Chairman & Managing Director<BR>2. **Bhawani Shankar Soni** - Executive Director & Wholetime Director<BR>3. **Deepika Gandhi** - Independent Non-Executive Director<BR>4. **Aneet Jain** - Independent Non-Executive Director<BR>5. **Rakesh Kumar Jain** - Independent Non-Executive Director<BR>6. **Bhushan Tambe** - Independent Non-Executive Director<BR>7. **Awani Kothari** - Independent Non-Executive Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Mid India Inds.?

Peers of Mid India Inds. include Mish Designs, United Leasing, GTN Textiles, and others. Mid India Inds. has a 1-year return of -22.78%, better than Mish Designs (-57.31%) but worse than Eureka Industrie (-3.37%).

Peers: The peers of Mid India Inds. are Mish Designs, United Leasing, GTN Textiles, Samtex Fashion, Kush Industries, Pasari Spinning, RLF, Eureka Industrie, and Sheshadri Indus.<BR><BR>Quality Snapshot: Below Average management risk is observed at Mish Designs, United Leasing, GTN Textiles, RLF, Eureka Industrie, and the rest. Management risk does not qualify for Samtex Fashion, Kush Industries, Pasari Spinning, Mid India Inds., Sheshadri Indus. and the rest. Average capital structure is found at United Leasing, while Excellent capital structure is observed at Suumaya Indust., and the rest do not qualify.<BR><BR>Return Snapshot: Eureka Industrie has the highest 1-year return at -3.37%, while Mish Designs has the lowest at -57.31%. Mid India Inds. has a 1-year return of -22.78%, which is better than Mish Designs but worse than Eureka Industrie. Additionally, the six-month return is negative for Mish Designs, United Leasing, RLF, and Sheshadri Indus.

What does Mid India Inds. do?

Mid India Industries Ltd is a micro-cap company that manufactures cotton textiles, yarn, and fabrics. As of March 2026, it reported net sales of 7 Cr and a net profit of 0 Cr, with a market cap of INR 10 Cr.

Overview: <BR>Mid India Industries Ltd is a micro-cap company engaged in the manufacturing of cotton textiles, yarn, fabrics, and other textile products within the garments and apparels industry.<BR><BR>History: <BR>The company was incorporated in March 1991 as Mid India Spinning Company Limited and changed its name to Mid India Industries Ltd in February 1995. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 7 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 35.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.11 <BR>Return on Equity: -6.68% <BR>Price to Book: -2.24 <BR><BR>Contact Details: <BR>Address: Textile Mill Area, Mandsaur Madhya Pradesh: 458001 <BR>Phone: 91-07422-234999/405139 <BR>Email: csmidindia@gmail.com <BR>Website: http://www.midindiaindustries.com

Are Mid India Industries Ltd latest results good or bad?

Mid India Industries Ltd's latest results show a quarterly profit of ₹0.35 crores and significant sales growth, but the company has a negative book value per share and a history of financial volatility, leading to a "STRONG SELL" rating and a low investor confidence score. Overall, the outlook remains challenging despite recent improvements.

The latest results for Mid India Industries Ltd present a mixed picture. On one hand, the company reported a net profit of ₹0.35 crores in Q4 FY26, a significant improvement from a loss of ₹0.06 crores in the previous quarter. Additionally, net sales surged by 105.03% quarter-on-quarter and an impressive 405.84% year-on-year, indicating a strong revenue rebound.<BR><BR>However, despite this quarterly profit, the overall financial health of the company raises serious concerns. The company has a negative book value per share of ₹-2.76, indicating that its liabilities exceed its assets. This negative net worth, coupled with extreme volatility in its financial performance over the past several quarters, suggests a lack of operational stability. The company has alternated between profits and losses, which raises questions about its ability to sustain growth.<BR><BR>Moreover, the stock has underperformed significantly over the past year, declining by 19.33%, which is worse than both the Sensex and its sector peers. The overall assessment of the company is quite negative, with a "STRONG SELL" rating and a low Mojo score of 23 out of 100, reflecting investor skepticism about its future prospects.<BR><BR>In summary, while the latest quarterly results show some positive developments, the underlying financial issues and volatility suggest that the overall outlook for Mid India Industries Ltd remains challenging.

Should I buy, sell or hold Mid India Industries Ltd?

When is the next results date for Mid India Industries Ltd?

The next results date for Mid India Industries Ltd is 22 May 2026.

The next results date for Mid India Industries Ltd is scheduled for 22 May 2026.

How has been the historical performance of Mid India Inds.?

Mid India Inds. has experienced significant financial decline, with net sales dropping from 18.98 Cr in Mar'22 to 6.32 Cr in Mar'25, resulting in negative operating profit and worsening profit after tax. The company's total assets and reserves have also decreased, indicating ongoing challenges in profitability and asset management.

Answer:<BR>The historical performance of Mid India Inds. shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Mid India Inds. has experienced a notable decline in net sales, dropping from 18.98 Cr in Mar'22 to just 6.32 Cr in Mar'25. This downward trend is reflected in total operating income, which also decreased from 14.68 Cr in Mar'23 to 6.32 Cr in Mar'25. The company's total expenditure has similarly decreased, from 18.04 Cr in Mar'22 to 6.38 Cr in Mar'25, but the operating profit has turned negative, with an operating profit of -0.06 Cr in Mar'25 compared to a profit of 1.25 Cr in Mar'23. The profit before tax has also shown a downward trajectory, moving from 0.58 Cr in Mar'23 to -0.13 Cr in Mar'25. Consequently, the profit after tax has worsened from 0.45 Cr in Mar'23 to -0.12 Cr in Mar'25. The company's reserves have remained negative, standing at -20.80 Cr in Mar'25, and the book value per share has also declined to -2.76. Total assets have decreased from 7.92 Cr in Mar'22 to 1.53 Cr in Mar'25, while total liabilities have similarly fallen from 7.92 Cr to 1.53 Cr over the same period. Overall, the financial performance of Mid India Inds. has deteriorated significantly, indicating challenges in maintaining profitability and asset management.

Who are the top shareholders of the Mid India Inds.?

The top shareholder of Mid India Industries is Ranchod Prasad Laxmi Narayan Huf, holding 23.05%. The company has no pledged promoter holdings, and the highest public shareholder is Orbit Investments And Trading at 1.42%, with individual investors owning 40.67% of the shares.

The top shareholders of Mid India Industries include the promoters, with Ranchod Prasad Laxmi Narayan Huf holding the largest stake at 23.05%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Orbit Investments And Trading, which holds 1.42%. Additionally, individual investors collectively hold 40.67% of the shares.

Is Mid India Inds. overvalued or undervalued?

As of April 25, 2023, Mid India Industries is considered overvalued and risky due to negative financial ratios, poor performance compared to peers, and a year-to-date decline of 14.59% against the Sensex's gain of 5.59%.

As of 25 April 2023, the valuation grade for Mid India Industries has moved from does not qualify to risky. The company appears to be overvalued based on its financial ratios, which include a PE ratio of -12.91, an EV to EBITDA of -12.86, and an EV to Sales of 2.03. These negative ratios indicate significant financial distress and lack of profitability.<BR><BR>In comparison to its peers, Mid India Industries stands out unfavorably against K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE ratio of 42.6. The negative capital employed and negative book value further reinforce the notion that the company is not performing well financially. Additionally, the stock has underperformed the Sensex over various periods, notably showing a year-to-date decline of 14.59% compared to the Sensex's gain of 5.59%. Overall, Mid India Industries is assessed as overvalued given its current financial standing and market performance.

What is the technical trend for Mid India Inds.?

As of June 5, 2025, Mid India Inds. has shifted to a bearish trend with moderate strength, indicated by bearish MACD and moving averages, while showing mixed signals from the KST and underperforming against the Sensex over the past year and three years.

As of 5 June 2025, the technical trend for Mid India Inds. has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on both weekly and monthly time frames, bearish moving averages on the daily chart, and mildly bearish Bollinger Bands on both weekly and monthly time frames. The KST shows a mildly bullish signal on the weekly but is bearish on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the performance metrics, with significant underperformance compared to the Sensex over various time frames, particularly in the 1Y and 3Y periods.

Has Mid India Inds. declared dividend?

No Dividend History Available