Market Data
Market Cap₹488.53 Cr.
52W High₹5,900
Current Price₹376.6
52W Low₹341.05
Down from 52W High93.6 %
Face Value₹10
Performance
ROCE-1.14 %
ROE-2.73 %
EPS (TTM)₹-0.93
EPS Prev Qtr₹-3.05
EPS Last Year₹-2.89
EBITDA Qtr₹-1.4 Cr.
Book Value₹309
Financial Health
Debt/Equity0.75
Debt/Profit-26.83
Total Assets₹713.95 Cr.
Promoter Holding58.45 %
Earning Power-1.58 %
Valuation
Industry P/E14.96
Price to Book1.22
Price to Sales33.93
Key Metrics
Face Value
₹10
About Midwest Energy Ltd
Metals & Mining · Mining & Mineral products
Midwest Energy Ltd is listed on NSE in the Metals & Mining / Mining & Mineral products sector. Face value ₹10. Market cap ₹488.53 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a significant promoter holding of 58.45%, indicating strong control and alignment of interests.
- The company operates in the Metals & Mining sector, which can offer growth potential due to cyclical demand for minerals.
Weaknesses
- The company reports a net loss of ₹11.24 Cr with a negative P/E ratio of -378.6, indicating unprofitable operations.
- It has a high P/B ratio of 52.47, suggesting the market values the company far above its book value, potentially indicating overvaluation.
- The Return on Capital Employed (ROCE) is negative at -4.12%, showing poor efficiency in generating returns from capital.
- The Return on Equity (ROE) is negative at -12.67%, reflecting the company’s inability to generate profits from shareholders' equity.
- Revenue of ₹14.4 Cr is low relative to the market cap of ₹4655.92 Cr, indicating potential operational scale issues.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Coal India Ltd | - | 8.33 | ₹2,59,820.63 Cr | 6.34% | ₹31,186.22 Cr | - | ₹1,67,759.9 Cr | - | 40.01% | 0.09 |
| Lloyds Metals & Energy Ltd | - | 20.78 | ₹1,03,369.42 Cr | 0.05% | ₹4,920.94 Cr | - | ₹22,083.55 Cr | - | 22.3% | 1.47 |
| NMDC Ltd | - | 9.12 | ₹68,066.25 Cr | 4.52% | ₹7,452.94 Cr | - | ₹32,127.28 Cr | - | 30.82% | 0.13 |
| KIOCL Ltd | - | 511.46 | ₹20,204.69 Cr | - | ₹38.88 Cr | - | ₹680.53 Cr | - | 2.86% | 0 |
| Gujarat Mineral Development Corporation Ltd | - | 17.37 | ₹16,612.32 Cr | 1.82% | ₹956.33 Cr | - | ₹2,827.42 Cr | - | 17.4% | 0.04 |
| Bharat Coking Coal Ltd | - | - | ₹15,125.94 Cr | - | ₹-116.68 Cr | - | ₹12,910.81 Cr | - | -0.26% | 0.35 |
| Sandur Manganese & Iron Ores Ltd | - | 12.32 | ₹8,832.52 Cr | 0.28% | ₹720.58 Cr | - | ₹5,327.82 Cr | - | 25.51% | 0.31 |
| MOIL Ltd | - | 78.03 | ₹4,953.85 Cr | 2.46% | ₹74.06 Cr | - | ₹975.89 Cr | - | 3.7% | 0 |
| Ashapura Minechem Ltd | - | 11.79 | ₹4,798.28 Cr | 0.4% | ₹410.88 Cr | - | ₹5,497.68 Cr | - | 23.26% | 0.93 |
| Deccan Gold Mines Ltd | - | - | ₹4,074.38 Cr | - | ₹-60.58 Cr | - | ₹14.42 Cr | - | -8.9% | 0.1 |
| Caliber Mining and Logistics Ltd | - | - | ₹3,444.65 Cr | - | - | - | - | - | - | 1.63 |
| Orissa Minerals Development Company Ltd | - | 659.44 | ₹2,195.94 Cr | - | ₹3.32 Cr | - | ₹103.39 Cr | - | 16.82% | -3.45 |
| 20 Microns Ltd | - | 11.09 | ₹750.72 Cr | 0.59% | ₹67.55 Cr | - | ₹951.38 Cr | - | 17.22% | 0.3 |
| South West Pinnacle Exploration Ltd | - | 14.11 | ₹616.95 Cr | - | ₹39.97 Cr | - | ₹264.49 Cr | - | 27% | 0.39 |
| Midwest Energy Ltd | - | - | ₹488.53 Cr | - | ₹-11.24 Cr | - | ₹14.4 Cr | - | -4.12% | 1.19 |
| Nilachal Carbo Metalicks Ltd | - | - | ₹311.09 Cr | - | - | - | - | - | - | 0.3 |
| Asi Industries Ltd | - | - | ₹210.32 Cr | - | ₹-65.71 Cr | - | ₹160.58 Cr | - | -16.36% | 0.37 |
| Shilp Gravures Ltd | - | 13.19 | ₹87.63 Cr | 1.47% | ₹6.64 Cr | - | ₹98.25 Cr | - | 8.52% | 0 |
| Elegant Marbles and Grani Industries Ltd | - | 15.81 | ₹50.3 Cr | - | ₹3.17 Cr | - | ₹34.36 Cr | - | 3.6% | 0 |
| Southern Magnesium & Chemicals Ltd | - | - | ₹24.07 Cr | - | ₹-0.27 Cr | - | ₹3.46 Cr | - | 1.73% | 0.25 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 1.2 | 1.2 | 5.76 | 6.24 |
| ↳ QoQ Growth | - | 0.0% | +380.0% | +8.3% |
| Expenses | 4.09 | 4.1 | 9.84 | 7.64 |
| Operating Profit | -2.89 | -2.89 | -4.08 | -1.4 |
| OPM % | -240.83% | -240.83% | -70.83% | -22.44% |
| Other Income | 0.21 | 0.23 | 1.13 | 1.67 |
| Interest | 0.84 | 0.59 | 0.5 | 1.29 |
| Depreciation | 0.85 | 0.87 | 0.86 | 0.94 |
| EBITDA | -2.04 | -2.02 | -3.22 | -0.46 |
| EBITDA Margin % | -170% | -168.33% | -55.9% | -7.37% |
| Profit Before Tax | -3.52 | -3.25 | -3.45 | -1.02 |
| Tax % | 0% | 0% | 0% | 0% |
| Net Profit | -3.52 | -3.25 | -3.45 | -1.02 |
| ↳ QoQ Growth | - | +7.7% | -6.2% | +70.4% |
| EPS | -2.89 | -2.61 | -3.05 | -0.93 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 11.0479 | 12.9 |
| Reserves | 77.6982 | 387.78 |
| Borrowings | 105.96 | 301.62 |
| Other Liabilities | 9.86 | 11.65 |
| Total Liabilities | 204.5632 | 713.95 |
| Fixed Assets | 48.3049 | 91.33 |
| CWIP | 58.0785 | 163.91 |
| Investments | 0 | 1.55 |
| Other Assets | 98.18 | 457.16 |
| Total Assets | 204.5632 | 713.95 |
Cash Flows
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Cash from Operating Activity | -33.2825 | -14.2382 |
| Cash from Investing Activity | -83.9368 | -415.58 |
| Cash from Financing Activity | 156.2726 | 517.2676 |
| Net Cash Flow | 39.0533 | 87.4494 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 63.15% | 57.91% | 58.78% | 58.45% |
| FIIs % | 6.78% | 11.7% | 12.02% | 12.63% |
| DIIs % | 1.86% | 1.71% | 1.59% | 1.58% |
| Public % | 20.96% | 22.49% | 22.05% | 21.96% |
| No. of Shareholders | 7,573 | 9,066 | 8,868 | 8,825 |