Midwest Energy

Which are the latest news on Midwest Energy?

Why is Midwest Energy Ltd falling/rising?

As of 05-Sep, Midwest Energy Ltd's stock price is declining, currently at 3,793.20, reflecting a 1.67% decrease. Despite a strong annual return, the company's weak long-term fundamentals and reduced investor participation raise concerns about its growth potential and ability to service debt.

As of 05-Sep, Midwest Energy Ltd's stock price is falling, currently at 3,793.20, which reflects a decrease of 64.3 points or 1.67%. The stock has been on a downward trend, having lost 7.17% over the last four days and opening today with a loss of 3.79%. Additionally, the stock has underperformed its sector by 3.07% today.<BR><BR>Investor participation has also declined, with delivery volume dropping by 84.68% compared to the five-day average, indicating reduced interest from retail investors. Although institutional investors have increased their stake by 0.6%, the overall liquidity remains low, with the stock trading at only 2% of its five-day average traded value.<BR><BR>Despite positive results in the last four quarters and a significant return of 84.23% over the past year, the company's long-term fundamentals appear weak. It has a negative EBITDA of Rs. -0.52 cr and a poor EBIT to Interest ratio of -1.85, which raises concerns about its ability to service debt. The average Return on Capital Employed (ROCE) is 0%, and the operating profit growth rate of 8.33% over the last five years suggests limited long-term growth potential. These factors contribute to the stock's current decline.

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. They are responsible for the company's strategic direction and regulatory compliance.

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 guiding the company's strategic direction and ensuring compliance with regulatory requirements.

What does Midwest Energy do?

Midwest Energy Ltd trades in granite and marbles and was originally incorporated as Nova Granites (India) Ltd in 1990. As of June 2026, it reported net sales of 6 Cr and a net loss of 1 Cr, with a market cap of INR 5,150 Cr.

Overview:<BR>Midwest Energy Ltd is engaged in the trading business of granite and marbles within the miscellaneous industry and falls under the small-cap market category.<BR><BR>History:<BR>The company was originally incorporated in November 1990 as Nova Granites (India) Ltd in Karnataka. It was established as a 100% Export Oriented Unit (EOU) focused on processing granite blocks and other minerals. 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 5,150 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: 12.19<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, and others, with varying management and growth risks. Notably, Knowledge Marine has the highest 1-year return at 211.79%, while Midwest Energy's return is 96.79%.

Peers: The peers of Midwest Energy are Doms Industries, Sandur Manganese, Knowledge Marine, Dredging Corpn., Navneet Educat., Crizac, Ramco Inds., Flair Writing, Creative Newtech, and Kapston Services.<BR><BR>Quality Snapshot: Excellent management risk is observed at Crizac, while Average management risk is found at Sandur Manganese, Knowledge Marine, Navneet Educat., Ramco Inds., Flair Writing, and Creative Newtech, and the rest. Good management risk is noted at Doms Industries, while Below Average management risk is seen at Midwest Energy and Dredging Corpn. Growth is Excellent at Sandur Manganese, Knowledge Marine, and Crizac, while Good growth is noted at Navneet Educat. Average growth is observed at Midwest Energy and Kapston Services, and Below Average growth is seen at Doms Industries, Dredging Corpn., and Ramco Inds., and the rest. Capital Structure is Excellent at Doms Industries, Sandur Manganese, Navneet Educat., Ramco Inds., and Flair Writing, while Good is noted at Knowledge Marine, Average at Creative Newtech, and Below Average at Midwest Energy, Dredging Corpn., and Kapston Services.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Knowledge Marine at 211.79%, while the lowest is Crizac at -52.67%. Midwest Energy's own 1-year return is 96.79%, which is significantly higher than Crizac's but lower than Knowledge Marine's. Additionally, Dredging Corpn., Navneet Educat., Crizac, and Flair Writing have negative six-month returns.

How big is Midwest Energy?

As of 31st August, Midwest Energy Ltd has a market capitalization of 5,150.00 Cr, with recent net sales of 14.40 Cr and a net profit loss of 10.92 Cr over the last four quarters. Shareholder's funds are 88.75 Cr, and total assets are valued at 204.53 Cr as of March 2025.

As of 31st August, <BR><BR>Market Cap: Midwest Energy Ltd has a market capitalization of 5,150.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 14.40 Cr, while the sum of Net Profit for the same period reflects a loss of 10.92 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at 88.75 Cr, and Total Assets are 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