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Midwest Gold Ltd - Stock Valuation and Financial Performance

BSE: 526570 | NSE: | Ceramics/Marble/Granite/Sanitaryware | Small Cap

Midwest Gold Share Price

726.90 14.25 2.00%
as on 13-Jun'25 16:59

DeciZen - make an informed investing decision on Midwest Gold

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Midwest Gold stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
803.1 Cr.
52-wk low:
21.3
52-wk high:
726.9

Is Midwest Gold Ltd an attractive stock to invest in?

1. Is Midwest Gold Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Midwest Gold Ltd is a below average quality company.

2. Is Midwest Gold Ltd undervalued or overvalued?

The key valuation ratios of Midwest Gold Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Midwest Gold Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Midwest Gold Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Midwest Gold:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Midwest Gold Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -8.6%-9.7%-21.3%-4.5%-11.7%-14.9%-16.7%-14.5%-69.7%-27.4%-
Value Creation
Index
-1.6NANANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.14.12.60.10.10.60.40.11.81.10
Sales YoY Gr.-3,291.7%-36.1%-95.4%-8.3%427.3%-36.2%-67.6%1,358.3%-40%-
Adj EPS 0.3-2.9-5.3-4.1-2.3-3.8-4.4-4-29.3-7-3.6
YoY Gr.--1188.9%NANANANANANANANA-
BVPS (₹) -5.6-9.2-14.9-19-21.3-25.1-29.4-34.3-63.7-70.882.7
Adj Net
Profit
0.1-1-1.7-1.3-0.8-1.3-1.4-1.3-9.6-2.3-4
Cash Flow from Ops. 00.2000.10.20.3-3.7-1.8-0.4-
Debt/CF from Ops. -363.883.11437.5-735.996.39453.8-6-13.8-64.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 27.3%57%41.6%-40%
Adj EPS -243.6%NANANA
BVPSNANANANA
Share Price 51.1% 141.5% 188.9% 3311.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-9.139.844.324.211.416.51612.559.810.4-59.6
Op. Profit
Mgn %
-311.1-14.3-44.6-534.4-495.2-111.5-292.9-765.7-296-99.4-631
Net Profit
Mgn %
75.4-23.7-67.2-1099.4-702.2-216.7-384.4-1052.3-547.2-219.5-876.6
Debt to
Equity
-8-4-2.5-2-1.7-1.7-1.9-2-1.2-1.20
Working Cap
Days
34,0309571,12221,15224,9604,9978,24724,9461,4771,83613,609
Cash Conv.
Cycle
21,18245058015,44818,3233,4045,54217,295476-327-52,940

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 41.58%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -66.05%

Latest Financials - Midwest Gold Ltd.

Standalone Consolidated
TTM EPS (₹) -3.6 -
TTM Sales (₹ Cr.) 0.5 -
BVPS (₹.) 82.7 -
Reserves (₹ Cr.) 80 -
P/BV 8.79 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 21.31 / 726.90
All Time Low / High (₹) 0.10 / 712.65
Market Cap (₹ Cr.) 803
Equity (₹ Cr.) 11.1
Face Value (₹) 10
Industry PE 50

Management X-Ray of Midwest Gold:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

No data found!

Key Ratios of Midwest Gold

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales0430010021
Operating Expenses 0541111272
Manufacturing Costs0100000000
Material Costs0330001021
Employee Cost 0000000010
Other Costs 0110000141
Operating Profit 0-1-1-1-1-1-1-1-5-1
Operating Profit Margin (%) -311.0%-21.2%-51.8%-534.0%-495.0%-112.0%-295.0%-1,135.5%-298.0%-99.7%
Other Income 0001000000
Interest 0000000111
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax -1-1-20-1-1-2-2-6-2
Tax -1001000030
Profit After Tax 0-1-2-1-1-1-1-2-10-2
PAT Margin (%) 75.4%-28.5%-72.2%-1,099.4%-702.0%-216.0%-373.0%-1,311.2%-548.0%-219.0%
Adjusted EPS (₹)0.3-3.5-5.7-4.1-2.3-3.8-4.2-5.0-29.4-7.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund -2-3-5-6-7-8-10-11-21-23
Share Capital 3333333333
Reserves -5-6-8-9-10-11-13-14-24-26
Minority Interest0000000000
Debt15121212121418222527
Long Term Debt0000000000
Short Term Debt15121212121418222527
Trade Payables3344443333
Others Liabilities 00-2011-1-300
Total Liabilities 161210101011111187

Fixed Assets

Gross Block161616161611101099
Accumulated Depreciation131313141488877
Net Fixed Assets3332222222
CWIP 0000000000
Investments 0000000000
Inventories2211122221
Trade Receivables6655555400
Cash Equivalents 0000000000
Others Assets5211111333
Total Assets 161210101011111187

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0000000-4-20
PBT -1-1-20-1-1-2-2-6-2
Adjustment 0000000151
Changes in Working Capital 0110111-2-10
Tax Paid 0000000000
Cash Flow From Investing Activity 0000000000
Capex 0000000000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity 0000000420
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000420
Net Cash Flow 0000000000
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.010.290.240.010.010.060.030.010.190.14
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days0512743003,2235,1010449129
Inventory Days5,3111551762,1102,7828881,8235,080366524
Payable Days03214037,273002,0356,1856571,212

Midwest Gold Ltd Stock News

Midwest Gold Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Midwest Gold on 13-Jun-2025 16:59 is ₹726.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 13-Jun-2025 16:59 the market cap of Midwest Gold stood at ₹803.1.
The latest P/E ratio of Midwest Gold as of 13-Jun-2025 16:59 is 0.00.
The latest P/B ratio of Midwest Gold as of 13-Jun-2025 16:59 is 8.79.
The 52-week high of Midwest Gold is ₹726.9 and the 52-week low is ₹21.31.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Midwest Gold is ₹0.45 ( Cr.) .

About Midwest Gold Ltd

Midwest Gold was originally incorporated as a limited company under the name and style of Nova Granites (India) on November 20, 1990 in the State of Karnataka. The company was incorporated as 100% export oriented unit (EOU) with an object of processing of Granite Blocks including mining and processing of all other types of minerals. The company had commenced its commercial operations in the year 1990.

The company has been engaged in the business of manufacturing and marketing granite slabs and tiles. Located in the Bangalore district of Karnataka, the manufacturing developed capacity to manufactures polished granite slabs and tiles, dimensional granite blocks and polished marble slabs and tiles.

The registered office is at No 25A, Attibele Industrial Area, Attibele, Bangalore - 562107.

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