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.

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.

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.

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?

Why is Mid India Industries Ltd falling/rising?

As of 02-Jun, the stock price of Mid India Industries Ltd is currently at 6.48, reflecting a slight increase of 0.47%. However, it has experienced significant declines over the year and shows declining investor interest, indicating potential challenges ahead.

As of 02-Jun, the stock price of Mid India Industries Ltd is rising slightly, with a current price of 6.48, reflecting a change of 0.03 (0.47%) upwards. Despite this minor increase, the stock has shown a negative performance over longer periods, with a year-to-date decline of 14.96% and a one-year drop of 17.97%. <BR><BR>In the short term, the stock has outperformed the benchmark Sensex over the past week, gaining 0.47% while the Sensex fell by 1.79%. However, the stock's performance over the last month and year indicates a significant downward trend, with declines of 5.68% and 17.97%, respectively. <BR><BR>Additionally, the stock has been characterized by erratic trading, having not traded on one day out of the last 20 days, which may contribute to its volatility. Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 81.15% against the 5-day average. <BR><BR>While the stock is currently trading above its 5-day and 50-day moving averages, it remains below its 20-day, 100-day, and 200-day moving averages, indicating a mixed technical outlook. Overall, despite the slight rise today, the broader trends and declining investor interest suggest that the stock is facing challenges that could impact its future performance.

Which are the latest news on Mid India Inds.?