Midwest Energy share price, P/E, ROE & financials

As of 6 Nov 2026, Midwest Energy is loss-making on a trailing 12-month basis, with a net loss of ₹11 Cr, so it has no P/E ratio. The share price is ₹261.75, 56% below its 52-week high. Sales grew 70% a year over 3 years. Debt is 0.76× equity. It is a small-cap company with a market cap of ₹3,395 Cr, ranked 31st of 97 Electrical Equipment & Parts companies by market cap; the shares rose 0.1% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹257.95
Day high: ₹262.95
Day low: ₹251.00
Prev. close: ₹252.00
Volume: 75.4K

Health check

6 to check

ReturnsBehind
+0.1% over a year, better than 2 of 7 peers.
Price tagLoss-making
Earnings were negative over the last 12 months.
GrowthUnder pressure
Sales +70.4% a year over 3 years, but loss-making now.
ProfitabilityNegative
ROCE -1.9% vs peer median 22.1%.
Balance sheetStretched
Debt 0.76× equity, operating profit doesn’t cover interest, Piotroski 5 of 9.
Red flags4 to check
Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹3,395 Cr, #31 of 97 in its industry by size.

Defensive

Beta 0.27 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹14 Cr · profit ₹−11 Cr

Market cap: ₹3,395 Cr; Small cap
P/E: n/a; Industry 30.0
Price to book: 7.39; Peers 7.24
Dividend yield: 0.00%
ROE: −5.2%; Peers 18.0%
ROCE: −1.9%; Peers 22.1%
Debt to equity: 0.76; Debt ₹302 Cr
EPS (TTM): −₹0.95
OPM (TTM): −53.7%; Net margin −78.1%
Sales growth: +1163.6%; Latest quarter vs a year ago
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 235.72; EV/EBITDA −403.6

Strengths

Quarterly sales up 1163.6% on a year ago.

Risks to check

Loss-making over the last twelve months.
Return on equity is low at −5.2%.
56% below its 52-week high.
Interest coverage of only −3.7×.

Derived automatically from reported figures. Not a recommendation.

About Midwest Energy

Midwest Energy Limited engages in the processing and trading of granite, marbles, and other natural stones in India. The company was formerly known as Midwest Gold Limited and changed its name to Midwest Energy Limited in May 2026. Midwest Gold Limited was incorporated in 1990 and is based in Hyderabad, India.

Headquarters: Hyderabad
Employees: 40
Sector: Industrials
ISIN: INE519N01022
Website: midwestgoldltd.com

Price range

52 weeks

₹234.00₹590.00

Today

₹251.00₹262.95

Avg volume (3M): 1 L
1-year return: plus 0.1%
From 52-week high: minus 55.6%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
REMAGNETMidwest Energy	261.75	plus 3.87%	3,395	–	–	−1.9%	−53.7%	0.76	70.4%	plus 0.1%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
0.5	1.2	1.2	5.8	6.2
3.2	3.2	3.2	9	6.7
−2.7	−2	−2	−3.2	−0.5
−551.4%	−169.7%	−167.9%	−55.8%	−7.3%
0.3	0.2	0.2	1.1	1.7
0.7	0.8	0.6	0.5	1.3
0.7	0.9	0.9	0.9	0.9
−3.8	−3.5	−3.3	−3.5	−1
−3.8	−3.2	−2.9	−3.5	−1
-0.31	-0.29	-0.26	-0.30	-0.09

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +70.4%
ROE: −5.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.8	1	0.8	8.7
–	minus 40.3%	minus 25.8%	+1016.2%
6.9	2.1	4.7	18.3
−5.2	−1	−3.9	−9.7
−295.7%	−97.5%	−500.0%	−111.7%
0	0	0.1	1.5
1	1.2	2.4	2.6
0.1	0.1	0.6	3.3
−0	0	−0.1	–
−6.3	−2.3	−6.8	−14
−52.3%	–	0.1%	–
−9.6	−2.3	−5.6	−12.6
-2.94	-0.70	-1.24	-1.11

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.3	3.3	11	12.9
−24.1	−26.4	75.2	388
25.1	26.8	92.5	288
3.6	3.4	23.3	25.1
7.9	7.1	202	714
2	1.9	83.2	394
–	–	78.4	302
0	0	0.3	12.3
0.2	0.3	39.4	216
5.6	4.8	0.9	−211
7.9	7.1	202	714

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−1.8	−0.4	−33.3	−14.2
−0.1	0	−83.9	−416
2	0.5	156	517
0.1	0.1	39.1	87.4
−0.1	–	−83	−314
−1.9	−0.4	−116	−328

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 0.0% (Yahoo estimate).

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you