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Mid India Industries Ltd (MIDINDIA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500277 NSE: MIDINDIA Trading | Small Cap | Mid India Inds. Share Price

₹6.44 0.28 (4.55%)

As on 10-Jun'26 16:59

Mid India Industries Ltd (MIDINDIA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500277 NSE: MIDINDIA Trading | Small Cap | Mid India Inds. Share Price

₹6.44 0.28 (4.55%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹10 Cr.
Current Price
₹6.4
52-Week Low / High
₹5 / 10
TTM EPS
₹0.2
TTM Sales
₹13.1 Cr.
Book Value per Share
₹-2.6
P/E Ratio
33.58
Industry PE
36.2
Price to Book (P/B)
-2.39
Higher than its 5-year historical median
Price to Sales (P/S)
0.77
Lower than its 5-year historical median
EV/EBITDA
25.44
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
0.00%
Underperforms industry median
Return on Assets (ROA)
-4.06%
Operating Profit Margin
0.6%
Net Profit Margin
-1.86%
Gross Profit Margin
-0.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-6.09%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
50.71%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-21 Cr.
Equity
₹16.3 Cr.
Face Value
₹10
All Time Low / High
₹0.26 / 46.45

Mid India Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Mid India Industries Ltd a good quality company?
Mid India Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Mid India Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mid India Industries Ltd vs industry peers?
Mid India Industries Ltd revenue CAGR is -5.71%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Mid India Industries Ltd?
Promoters hold 50.71% of the Mid India Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mid India Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 19.1% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Mid India Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -18%-74.9%0%0%0%0%0%0%0%0%-
Value Creation
Index
-2.3-6.4NANANANANANANANA-

Growth Parameters

Sales 23.125.522.721.38.51.71914.76.76.313
Sales YoY Gr.-10.2%-10.9%-6.3%-60.1%-80.5%1,050.3%-22.7%-54.2%-6.1%-
Adj EPS -0.6-1.4-2.7-1.6-0-0.20.30.5-0.3-00.2
YoY Gr.-NANANANANANA46.9%-155.3%NA-
BVPS (₹) 2.51.2-1.5-3.1-3.1-3.3-2.9-2.5-2.7-2.8-2.6
Adj Net
Profit
-0.9-2.3-4.3-2.6-0-0.30.50.8-0.4-0.10
Cash Flow from Ops. 10.4-0-0-0.10-0.1-0-0.6-0.2-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -13.4%-5.7%-30.7%-6.1%
Adj EPS NANA-145.4%NA
BVPS-201%NANANA
Share Price 20.4% 9% -11.4% -20.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-20.1-76.61574.769.80.84.9-10.3-17.410.11.2-6.7
Op. Profit
Mgn %
-3.1-8.2-18.1-11.12.1-0.54.98.5-3.10.62.1
Net Profit
Mgn %
-4-9-19.1-12.2-0.5-15.42.75.3-6.4-0.82.2
Debt to
Equity
0000000000-
Working Cap
Days
10396106811949719013321513748
Cash Conv.
Cycle
286-28-98-337-1,407-139-206-325-338-97

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales23.1025.4522.6721.258.481.6518.9814.686.736.32
Operating Expenses + 23.8227.5426.7823.608.301.6518.0413.436.946.38
Manufacturing Costs4.785.425.713.940.0100000
Material Costs15.4917.9316.4616.517.921.3717.3713.016.415.81
Employee Cost 2.723.4242.580.150.140.110.160.230.16
Other Costs 0.820.770.610.570.230.140.560.260.300.42
Operating Profit -0.72-2.10-4.10-2.350.18-0.010.941.25-0.21-0.06
Operating Profit Margin (%) -3.1%-8.2%-18.1%-11.1%2.1%-0.5%4.9%8.5%-3.1%-0.9%
Other Income + 0.120.030.030.030.030.020.030.020.160
Exceptional Items 00.060.050.0100.010-0.46-0.150
Interest 0.02000000000
Depreciation 0.240.240.270.270.250.260.190.220.200.07
Profit Before Tax -0.85-2.25-4.29-2.58-0.04-0.250.790.58-0.40-0.13
Tax 0000000.270.130.03-0.01
Profit After Tax -0.85-2.25-4.29-2.58-0.04-0.250.520.45-0.42-0.12
PAT Margin (%) -3.7%-8.8%-18.9%-12.2%-0.4%-15.2%2.7%3.1%-6.3%-1.9%
Adjusted EPS (₹)-0.5-1.4-2.6-1.6-0.0-0.20.30.3-0.3-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Mid India Inds. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4.121.87-2.42-5-5.04-5.29-4.78-4.08-4.38-4.50
Share Capital 16.3016.3016.3016.3016.3016.3016.3016.3016.3016.30
Reserves -12.18-14.43-18.72-21.30-21.34-21.59-21.08-20.38-20.68-20.80
Debt +0.01000000000
Long Term Debt0000000000
Short Term Debt0.01000000000
Minority Interest0000000000
Trade Payables4.577.139.6510.2312.6810.0511.709.028.415.90
Others Liabilities 0.380.891.670.420.160.1110.740.250.13
Total Liabilities 9.089.898.895.657.804.867.925.674.281.53

Fixed Assets

Net Fixed Assets +2.242.322.292.141.891.631.451.230.490.33
Gross Block22.1922.3222.4522.4922.4922.2722.2722.284.594.45
Accumulated Depreciation19.9519.9920.1520.3420.5920.6420.8221.054.104.13
CWIP 00.220.160000000
Investments 00.2000.110.130.180000
Inventories3.924.402.310001.100.210.020.02
Trade Receivables1.601.643.032.375.242.583.792.402.740.16
Cash Equivalents 0.490.140.260.130.040.030.120.090.200.05
Others Assets 0.830.950.840.880.500.441.451.730.820.98
Total Assets 9.089.898.895.657.804.867.925.674.281.53

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.970.35-0.04-0.02-0.080.03-0.09-0.03-0.58-0.16
PBT -0.85-2.25-4.29-2.58-0.04-0.250.520.45-0.42-0.12
Adjustment 0.310.210.70-0.280.160.240.170.210.040.16
Changes in Working Capital 1.552.393.562.85-0.20.04-1.05-0.81-0.22-0.19
Tax Paid -0.03000000.270.130.03-0.01
Cash Flow From Investing Activity + -0.40-0.690.08-0.07-0.02-0.040.18-0.010.700
Capex -0.40-0.49-0.130.0400-0-0.010.700
Net Investments 0-0.200.21-0.11-0.02-0.040.18000
Others 00-00000000
Cash Flow From Financing Activity + -0.22-0.010.07-0.03-000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.02-0-00000000
Dividend Paid 0000000000
Others -0.20-0.010.07-0.03-000000
Net Cash Flow 0.36-0.350.11-0.12-0.10-0.010.09-0.040.12-0.16

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-18.8-75.07N/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)-17.97-74.89N/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio2.572.682.412.921.260.262.972.161.352.18
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A-0.17-0.07N/AN/A
Working Capital Days
Receivable Days23.2023.2037.6046.40163.80866.6061.3077.10139.6083.80
Inventory Days68.1059.7054.1000021.2016.406.501.30
Payable Days93119186219.705283,017.40228.50290.60496449.90

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mid India Industries Ltd FAQs

The current trading price of Mid India Inds. on 10-Jun-2026 16:59 is ₹6.44.

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 09-Jun-2026 the market cap of Mid India Inds. stood at ₹10.04 Cr

The latest P/E ratio of Mid India Inds. as of 09-Jun-2026 is 33.58.

The latest P/B ratio of Mid India Inds. as of 09-Jun-2026 is -2.39.

The 52-week high of Mid India Inds. is ₹9.69 and the 52-week low is ₹5.22.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mid India Inds. is ₹13.12 ( Cr.) .

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

The key valuation ratios of Mid India Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Mid India Industries Ltd

Mid India Industries was incorporated in 1991 is engaged in the business of manufacturing, marketing and export of cotton yarn and polyester cotton blended yarn. It also trades in terry towels.

The manufacturing plant of the company is located at Mandsaur in Madhya Pradesh with an installed capacity of 12,480 spindles of cotton and blended yarns and 432 rotors. The registered office of the company is located at Textile Mill Area, Mandsaur, Madhya Pradesh- 458001.

Business area of the company

The company is engaged in the business of manufacturing, marketing and export of cotton yarn and polyester cotton blended yarn.

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