Midwest Energy Ltd

Midwest Energy Ltd (MIDWEST) is a micro-cap Construction company valued at ₹4,903 crore operating in Construction Materials on the NSE and BSE.

Recent price move

Midwest Energy Ltd last traded at ₹3,574.3, modestly down 1.11% on the day.

Recent developments

2026-06-30: The company reported a net loss of ₹1 crore for the latest quarter, narrowing from a ₹4 crore loss in the same quarter of the previous year. 2026-06-30: Promoter holding fell by 0.33 percentage points to 58.45%, while foreign institutional holding rose by 0.61 percentage points to 12.63%.

Financial performance

The company's business has grown significantly, with annual revenue rising 800.0% to ₹9 crore, but net profit remains a loss of ₹14 crore, widening from a ₹7 crore loss the previous year. The latest quarter saw revenue jump 1173.5% to ₹6 crore, while the net loss narrowed from ₹4 crore to ₹1 crore compared to the same quarter a year earlier.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 12.05 times book value.

Things to watch

The company continues to report a net loss, with a net profit margin of -155.6% and return on equity of -5.7%. The latest quarter's net loss, though narrower than the previous year, still reflects ongoing challenges in profitability. The stock is 39.4% below its 52-week high, indicating a significant drop from recent peak levels.

Where it stands

Midwest Energy Ltd's revenue has surged, but net profit remains a loss, with the latest quarter showing some improvement in narrowing the loss. Promoter holding decreased slightly, while foreign institutional holding increased. The stock is significantly below its 52-week high, and the company continues to report negative returns on equity and capital employed.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.