# Midwest (NSE: MIDWESTLTD) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/MIDWESTLTD · Pivot · prices to 21 Oct 2026

Midwest (NSE: MIDWESTLTD) closed at ₹1,134.15 on 21 Oct 2026, up 0.43% on the day. With a market capitalisation of ₹4,101 Cr, it ranks 861st by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Building Materials.

At its last close the stock traded at 38.5× trailing earnings, against a return on equity of 10.9% in FY26. Its 52-week range is ₹860.00 (1 Oct 2026) to ₹1,859.90 (8 Jan 2026); the last close is 39.0% below the high. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹216 Cr (−5.2% year on year) and net profit ₹37 Cr (−23.6%), on a consolidated basis. Promoters held 77.12% of the company as of 30 Jun 2026; 1.39% of promoter shares were pledged.

## Key numbers

| Metric | Value |
| --- | --- |
| Last close | ₹1,134.15 |
| Market cap | ₹4,101 Cr |
| P/E (trailing) | 38.5 |
| ROE | 10.9% (FY26) |
| ROCE | 13.7% (FY26) |
| Debt to equity | 0.18 |
| 52-week high | ₹1,859.90 (8 Jan 2026) |
| 52-week low | ₹860.00 (1 Oct 2026) |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | ₹216 Cr | −5.2% | ₹37 Cr | −23.6% | ₹10.24 |
| Q3 FY26 | ₹129 Cr | +10.0% | ₹17 Cr | +19.6% | ₹4.87 |
| Q2 FY26 | ₹159 Cr | +12.4% | ₹28 Cr | +79.6% | ₹8.19 |
| Q1 FY26 | ₹142 Cr | +3.3% | ₹24 Cr | −55.6% | ₹7.21 |
| Q4 FY25 | ₹228 Cr | — | ₹48 Cr | — | ₹14.33 |
| Q3 FY25 | ₹117 Cr | — | ₹15 Cr | — | ₹4.29 |
| Q2 FY25 | ₹141 Cr | — | ₹15 Cr | — | ₹4.56 |
| Q1 FY25 | ₹138 Cr | — | ₹55 Cr | — | ₹16.24 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹626 Cr | ₹133 Cr |
| FY24 | ₹586 Cr | ₹100 Cr |
| FY23 | ₹503 Cr | ₹54 Cr |
| FY22 | ₹525 Cr | ₹67 Cr |
| FY21 | ₹380 Cr | ₹60 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 77.12%
- Foreign institutions: 3.88%
- Domestic institutions: 14.56%
- Non-institutions: 4.44%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Surya Roshni](https://app.pivotnow.in/stock/SURYAROSNI) | ₹211.55 | ₹4,604 Cr | 16.1 | — |
| [MOIL](https://app.pivotnow.in/stock/MOIL) | ₹226.18 | ₹4,602 Cr | 15.8 | — |
| [Ashapura Minechem](https://app.pivotnow.in/stock/ASHAPURMIN) | ₹437.75 | ₹4,182 Cr | 10.4 | — |
| [DEE Development Engineers](https://app.pivotnow.in/stock/DEEDEV) | ₹553.00 | ₹4,161 Cr | 49.6 | — |
| [Kalyani Steels](https://app.pivotnow.in/stock/KSL) | ₹926.40 | ₹4,044 Cr | 15.7 | — |
| [Venus Pipes & Tubes](https://app.pivotnow.in/stock/VENUSPIPES) | ₹1,841.20 | ₹3,814 Cr | 37.2 | — |

## Questions and answers

### What is the share price of Midwest today?

Midwest (NSE: MIDWESTLTD) last closed at ₹1,134.15 on 21 Oct 2026. Its 52-week high is ₹1,859.90 and its 52-week low is ₹860.00.

### What is the market cap of Midwest?

Midwest's market capitalisation is ₹4,101 Cr (₹4,101 Cr) at the 21 Oct 2026 close, ranking 861st among the NSE companies Pivot tracks.

### What is the P/E ratio of Midwest?

Midwest trades at a trailing P/E of 38.5. The median P/E of the 6 closest Metals & Mining peers by market cap is 16.1.

### What is the ROE and ROCE of Midwest?

Return on equity was 10.9% in FY26 and return on capital employed was 13.7% in FY26 (consolidated figures).

### Is Midwest a debt-free company?

No. Midwest's debt-to-equity ratio was 0.18 in FY26, with total debt of ₹130 Cr.

### What were Midwest's latest quarterly results?

For Q4 FY26 (quarter ended 31 Mar 2026), Midwest reported revenue of ₹216 Cr, −5.2% year on year, and net profit of ₹37 Cr, −23.6% year on year.

### What is the shareholding pattern of Midwest?

As of 30 Jun 2026: promoters 77.12%, foreign institutions 3.88%, domestic institutions 14.56%, non-institutions 4.44%. 1.39% of promoter shares were pledged.

### Who are Midwest's competitors?

The listed Metals & Mining companies closest to Midwest by market cap are Surya Roshni, MOIL, Ashapura Minechem, DEE Development Engineers, Kalyani Steels and Venus Pipes & Tubes.

### Is Midwest a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Midwest's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on MIDWESTLTD against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.