Mid India Inds.

Has Mid India Inds. declared dividend?

No Dividend History Available

Who are the peers of the Mid India Inds.?

Peers of Mid India Inds. include Trent, Page Industries, K P R Mill Ltd, and Vedant Fashions, among others. Page Industries shows the highest 1-year return at 26.58%, while Mid India Inds. has a return of -30.59%.

Peers: The peers of Mid India Inds. are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Kakatiya Textile, Simplex Mills, Sri Lak.Sar.Arni, Jayatma Industri, and Jindal Cotex Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted at Trident, and Below Average management risk is present at Jayatma Industri and Jindal Cotex Ltd. Growth is Excellent at K P R Mill Ltd and Page Industries, while Good growth is seen at Trent. Below Average growth is reported at Vedant Fashions and Jayatma Industri, and the rest do not qualify. Capital Structure is Excellent for K P R Mill Ltd, Page Industries, and Vedant Fashions, while Below Average is noted for Trent, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Vedant Fashions at -24.55%. Mid India Inds. has a 1-year return of -30.59%, which is lower than both. Additionally, Kakatiya Textile, Simplex Mills, and Trident have negative six-month returns.

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.

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

As of March 2022, the management team of Mid India Inds. includes Sanjay Singh (Chairman & Managing Director), Bhawani Shankar Soni (Executive Director), and five Independent Non-Executive Directors. Only Bhawani Shankar Soni receives remuneration, amounting to 3.25 lacs INR.

As of March 2022, the management team of Mid India Inds. 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>Bhawani Shankar Soni is the only member of the management team receiving remuneration, which is 3.25 lacs INR.

What does Mid India Inds. do?

Mid India Industries Ltd manufactures cotton textiles, yarn, and fabrics, operating in the Garments & Apparels industry as a Micro Cap company. As of March 2025, it reported net sales of 14 Cr and a market cap of INR 13 Cr.

Overview: <BR>Mid India Industries Ltd is engaged in the manufacturing of cotton textiles, yarn, fabrics, and other textile products, operating within the Garments & Apparels industry and classified as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated in March 1991 and was previously known as Mid India Spinning Company Limited before changing its name in February 1995. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 14 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 13 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 2.67% <BR>Price to Book: -2.78<BR><BR>Contact Details: <BR>Address: Textile Mill Area, Mandsaur, Madhya Pradesh: 458001 <BR>Tel: 91-07422-234999/405139 <BR>Email: csmidindia@gmail.com <BR>Website: http://www.midindiaindustries.com

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.

How big is Mid India Inds.?

As of 24th July, Mid India Industries Ltd has a market capitalization of 13.00 Cr and reported Net Sales of 6.32 Cr with a Net Profit loss of 0.12 Cr over the latest four quarters. As of March 2024, Shareholder's Funds were at a loss of 4.38 Cr, and Total Assets were valued at 4.28 Cr.

As of 24th July, Mid India Industries Ltd has a market capitalization of 13.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 6.32 Cr. However, it experienced a loss of 0.12 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds stood at a loss of 4.38 Cr, while Total Assets were valued at 4.28 Cr.

When is the next results date for Mid India Inds.?

Mid India Inds. will announce its results on 14 November 2025.

Mid India Inds. will declare its results on 14 November 2025.

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.

Should I buy, sell or hold Mid India Inds.?

Are Mid India Industries Ltd latest results good or bad?

Mid India Industries Ltd's latest results are concerning, showing a 158.02% revenue growth to ₹3.38 crores but a net loss of ₹0.06 crores and negative operating margins. The company's financial health is further weakened by negative shareholder funds and significant liquidity issues.

Mid India Industries Ltd's latest results indicate significant challenges. While the company reported a remarkable revenue growth of 158.02% quarter-on-quarter to ₹3.38 crores in Q3 FY26, this increase has not translated into profitability. The company recorded a net loss of ₹0.06 crores, a stark contrast to a profit of ₹0.04 crores in the same quarter last year. Furthermore, the operating margin turned negative at -2.07%, down from a positive margin of 2.52% in Q3 FY25.<BR><BR>Despite a year-on-year revenue growth of 24.85% over the first nine months of FY26, the overall financial health of the company remains concerning. The balance sheet reflects negative shareholder funds of ₹4.50 crores and a severe working capital deficit, with current liabilities significantly exceeding current assets. This situation raises serious questions about the company's liquidity and ability to meet short-term obligations.<BR><BR>In summary, while there are signs of revenue growth, the persistent losses, negative operating margins, and liquidity issues suggest that the latest results are more indicative of ongoing struggles rather than a positive turnaround.

Why is Mid India Industries Ltd falling/rising?

As of 17-Mar, the stock price of Mid India Industries Ltd is at 5.90, unchanged from the previous session. The stock has significantly underperformed, with declines of 0.84% weekly, 17.48% monthly, and 31.95% annually, indicating bearish trends and decreased investor confidence.

As of 17-Mar, the stock price of Mid India Industries Ltd is currently at 5.90, showing no change from the previous trading session. The stock has been underperforming in various time frames, with a decline of 0.84% over the past week, 17.48% over the past month, and a significant 22.57% year-to-date. In the last year, the stock has decreased by 31.95%, contrasting sharply with the Sensex, which has risen by 2.56% during the same period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.76%. Additionally, the moving averages show that while the stock is higher than its 5-day moving average, it is lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 10.74% compared to the 5-day average. This decline in trading activity may indicate a lack of confidence among investors.<BR><BR>Overall, the combination of significant declines in stock performance over various periods, underperformance relative to the sector, lower moving averages, and falling investor participation suggests that Mid India Industries Ltd is experiencing downward pressure on its stock price.

Why is Mid India Industries Ltd falling/rising?

As of 18-Mar, Mid India Industries Ltd's stock price is at 6.20, reflecting a 4.73% increase. This rise is supported by strong relative performance, increased investor interest, and a positive trend in the textile sector, despite longer-term declines.

As of 18-Mar, Mid India Industries Ltd's stock price is rising, currently at 6.20, with a change of 0.28, reflecting an increase of 4.73%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.94% today, indicating strong relative performance. Additionally, it has been on a positive trend, gaining for the last three days and achieving a total return of 10.32% during this period.<BR><BR>Investor participation appears to be increasing, as evidenced by a rise in delivery volume, which was 1.9k on 17 March, up by 1.66% compared to the 5-day average. This suggests growing interest among investors. Furthermore, the stock's performance today aligns with a broader positive movement in the textile sector, which has gained 2.82%.<BR><BR>While the stock's longer-term performance shows declines over various periods, including a year-to-date drop of 18.64% and a one-year decline of 26.89%, the recent short-term gains and sector performance indicate a temporary positive sentiment among investors. The stock is currently trading above its 5-day moving average, although it remains below its longer-term moving averages, which may suggest potential for further recovery in the near term.

Why is Mid India Industries Ltd falling/rising?

As of 19-Mar, the stock price of Mid India Industries Ltd is at 5.75, reflecting a decline of 7.26%. The stock has underperformed significantly over various periods and is trading below all key moving averages, indicating a bearish trend.

As of 19-Mar, the stock price of Mid India Industries Ltd is falling, currently at 5.75, which reflects a decrease of 0.45 or 7.26%. This decline is evident in the stock's performance over various time periods, with a 1-week drop of 2.54%, a 1-month decrease of 19.24%, and a year-to-date decline of 24.54%. Additionally, the stock has underperformed compared to the benchmark Sensex, which has only fallen by 2.40% over the same week.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 4.48% and has experienced a trend reversal after three consecutive days of gains. The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume on March 18 falling by 98.85% compared to the 5-day average. The textile sector, in which the company operates, has also seen a decline of 2.78%, contributing to the negative sentiment surrounding the stock. Overall, these factors collectively explain the falling stock price of Mid India Industries Ltd.

Why is Mid India Industries Ltd falling/rising?

As of 20-Mar, the stock price of Mid India Industries Ltd is Rs 5.65, reflecting a 1.74% decrease. The stock has significantly underperformed, with an 18.47% decline over the past month and is trading below its moving averages, indicating a bearish trend.

As of 20-Mar, the stock price of Mid India Industries Ltd is falling, currently at Rs 5.65, which reflects a decrease of Rs 0.1 or 1.74%. The stock has been underperforming significantly, with a notable decline of 18.47% over the past month and a year-to-date drop of 25.85%. Additionally, the stock has shown a consistent downward trend, having fallen for the last two days, resulting in a total return decrease of 8.87% during this period.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, while there has been a rise in investor participation, with delivery volume increasing by 319.71% against the 5-day average, this has not translated into positive price movement. The stock is also close to its 52-week low, being only 4.42% away from Rs 5.4. Overall, these factors contribute to the current decline in the stock price of Mid India Industries Ltd.

Which are the latest news on Mid India Inds.?

Which are the latest news on Mid India Inds.?

Which are the latest news on Mid India Inds.?