Markets › India › NSE › MIDWESTLTD

Midwest Ltd

NSE:MIDWESTLTDNon-Energy MineralsNSE:NIFTY_IPO

₹1,129.35+10.00%At closeAt close · Mon 19 Oct · ≈ AED 43.57 · Market cap $415.56M · Next earnings Wed 2 Dec

Ratio	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Gross margin	26.9%	26.9%	27.9%	35.2%	37.2%	37.2%	+0.0 pts
Operating margin	—	17.7%	14.5%	23.3%	24.8%	22.9%	−1.9 pts
Net margin	12.1%	12.1%	10.8%	16.5%	19.5%	16.2%	−3.3 pts
EBITDA margin	21.1%	21.1%	18.7%	27.1%	28.7%	27.7%	−1.0 pts
Return on equity	—	18.4%	13.2%	19.5%	19.8%	10.9%	−8.9 pts
Return on assets	10.5%	10.5%	8.2%	12.7%	11.6%	7.7%	−3.9 pts
Return on capital employed	—	22.3%	15.0%	23.4%	19.5%	12.9%	−6.6 pts
Debt / equity	—	0.3×	0.4×	0.3×	0.4×	0.2×	−48.8%
Debt / assets	16.1%	16.1%	22.9%	16.3%	22.8%	14.1%	−8.8 pts
Interest coverage	0.0×	9.3×	7.6×	14.2×	13.6×	10.4×	−23.7%
Current ratio	—	1.1×	1.3×	1.7×	1.6×	2.7×	+68.5%
Quick ratio	—	0.8×	0.9×	1.4×	1.4×	2.5×	+71.3%
Cash ratio	—	0.2×	0.1×	0.2×	0.1×	0.3×	+382.7%
Asset turnover	0.9×	0.9×	0.8×	0.8×	0.6×	0.5×	−20.1%
Inventory turnover	—	6.2×	5.1×	8.3×	9.2×	7.9×	−13.6%
Receivables turnover	—	9.8×	4.7×	4.2×	2.2×	2.6×	+19.5%
Dividend payout	—	0.0%	0.0%	13.9%	0.0%	0.0%	—