MIDWEST ENERGY LIMITED

BSE: REMAGNET526570ISIN INE519N01022

Commodities
Other Construction Materials
BSE Commodities

Share price

₹242.00-4.30 (-1.75%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

25 Sep 2026 · Split 10:1 (₹10 → ₹1)

52W high: ₹590.00
52W low: ₹234.00
Off 52W high: -58.98%
1M return: -32.61%
3M return: -29.33%
6M return: -39.78%
1Y return: -3.83%
20D avg volume: 1,61,296
50 DMA: ₹330.53
200 DMA: ₹403.83

Key ratios Consolidated

Market cap: ₹3,139 Cr
Current price: ₹242.00
52W high / low: ₹590.00 / ₹234.00
Face value: ₹1.00
P/E: -278.60
P/B: —
EPS (TTM): ₹-0.87
Book value / share: —
ROE: —
ROCE: -1.90%
Operating margin: —
Net margin: —
Debt / equity: 0.76
Net debt: ₹174.86 Cr
Interest cover: -4.39
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 562.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	6.24	5.76	1.20	1.20	0.49	0.78	—
	1.67	1.13	0.23	0.21	0.30	0.36	—
	7.91	6.89	1.44	1.41	0.80	1.14	—
	8.93	10.34	4.69	4.94	4.57	7.98	—
	4.43	0.00	0.00	0.00	0.00	0.07	—
	0.00	0.00	0.00	0.00	0.00	0.46	—
	1.72	2.27	1.44	1.52	1.19	0.27	—
	1.29	0.50	0.59	0.84	0.66	2.37	—
	0.94	0.86	0.87	0.85	0.70	0.58	—
	2.16	5.74	1.79	1.72	2.03	3.14	—
	-1.02	-3.45	-3.25	-3.52	-3.78	-6.85	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	-1.02	-3.45	-3.25	-3.52	-3.78	-6.85	—
	0.00	0.00	0.00	0.00	0.00	-0.01	—
	-1.02	-3.47	-3.25	-3.52	-3.78	-6.84	—
	0.93	-3.05	-2.61	-2.89	-3.14	-12.36	—
Key metrics
	1.21	-2.09	-1.79	-1.83	-2.42	-3.90	—
	19.40%	-36.30%	-149.20%	-152.50%	-493.90%	-500.00%	—
	-16.30%	-60.20%	-270.80%	-293.30%	-771.40%	-876.90%	—
	—	-0.50%	—	-1.30%	—	-2.70%	—
	1,173.50%	638.50%	—	—	—	—	—
	73.00%	49.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	14.40	8.66	0.78	—
	3.24	1.87	0.36	—
	17.65	10.53	1.14	—
	28.90	24.54	7.98	—
	4.43	0.00	0.07	—
	0.00	0.00	0.46	—
	6.95	6.42	0.27	—
	3.22	2.60	2.37	—
	3.52	3.29	0.58	—
	11.41	11.28	3.14	—
	-11.24	-14.01	-6.85	—
	0.00	0.00	0.00	—
	-11.24	-14.01	-6.85	—
	0.00	0.00	-0.01	—
	-11.26	-14.01	-6.84	—
	-7.62	-12.67	-12.36	—
Key metrics
	-4.50	-8.12	-3.90	—
	-31.25%	-93.80%	-500.00%	—
	-78.19%	-161.80%	-876.90%	—
	—	-1.90%	-2.70%	—
	—	1,010.30%	—	—
	—	-104.80%	—	—
	—	-205.64	-116.30	—
	—	0.70	4.87	—
	—	0.76	1.18	—
	—	174.86	66.65	—
	—	562.2	421.1	—
Balance sheet
	—	713.95	204.56	—
	—	258.46	97.65	—
	—	126.76	39.31	—
	—	7.09	0.63	—
	—	6.44	3.90	—
	—	—	51.59	—
	—	91.33	4.86	—
	—	0.19	3.63	—
	—	116.95	37.44	—
	—	301.62	105.96	—
	—	103.53	28.76	—
	—	198.09	77.20	—
	—	398.23	89.77	—
Cash flow
	—	-9.80	-33.28	—
	—	-422.44	-83.94	—
	—	519.70	156.27	—
	—	195.84	83.02	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	4.63	4.09	0.00	0.01	0.00	0.17	0.26	0.01	—	0.73	—	0.07
	2.86	-2.37	1.92	1.75	1.50	0.84	0.38	0.13	0.02	0.02	0.00	0.00
	7.49	1.72	1.92	1.76	1.50	1.01	0.65	0.14	0.02	0.76	0.00	0.08
	4.34	1.50	0.86	1.03	0.87	2.92	1.75	0.52	0.56	1.42	0.50	0.78
	0.00	0.00	0.00	0.00	0.00	0.05	0.01	0.00	0.02	0.00	0.03	0.10
	4.43	1.74	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.35	0.79	0.05	0.05	0.04	0.06	0.05	0.06	0.05	0.08	0.04	0.08
	0.55	-3.92	0.59	0.81	0.65	0.60	0.94	0.33	0.33	0.30	0.35	0.28
	0.03	0.04	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.02	0.02
	0.58	2.86	0.21	0.16	0.16	1.66	0.20	0.08	0.16	0.16	0.13	0.14
	3.15	0.22	1.06	0.73	0.63	-1.91	-1.11	-0.38	-0.54	-0.67	-0.49	-0.71
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	3.15	0.22	1.06	0.73	0.63	-1.91	-1.11	-0.38	-0.54	-0.67	-0.49	-0.71
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	3.15	0.22	1.06	0.73	0.63	-1.91	-1.11	-0.38	-0.54	-0.67	-0.49	-0.71
	2.43	0.20	0.96	0.66	0.57	-3.72	-3.40	-1.15	-1.66	-2.03	-1.51	-2.16
Key metrics
	3.73	-3.66	1.66	1.55	1.29	-1.30	-0.15	-0.03	-0.19	-0.35	-0.12	-0.41
	80.60%	-89.50%	—	15,500.00%	—	-764.70%	-57.70%	-300.00%	-950.00%	-47.90%	—	-585.70%
	68.00%	5.40%	—	7,300.00%	—	-1,123.50%	-426.90%	-3,800.00%	-2,700.00%	-91.80%	—	-1,014.30%
	—	-0.80%	—	1.60%	—	-1.40%	—	—	—	—	—	—
	—	2,305.90%	-100.00%	0.00%	-100.00%	-76.70%	—	-85.70%	—	—	—	—
	400.00%	111.50%	195.50%	292.10%	216.70%	-185.10%	-126.50%	46.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	8.73	24.46	0.45	1.04	1.75	0.12
	4.16	7.53	1.37	0.05	0.02	0.13
	12.89	31.99	1.82	1.10	1.77	0.25
	7.73	29.20	5.76	3.39	8.07	2.26
	0.00	0.00	0.07	0.48	1.33	0.07
	6.17	21.33	0.00	—	0.76	—
	1.24	1.38	0.22	0.31	0.65	0.43
	-1.97	2.58	2.19	1.21	1.01	0.63
	0.09	0.13	0.08	0.10	0.09	0.11
	3.81	3.77	2.10	0.64	0.84	0.73
	5.16	2.80	-3.94	-2.30	-6.31	-2.01
	0.00	0.00	0.00	—	—	—
	5.16	2.80	-3.94	-2.30	-6.31	-2.01
	0.00	0.00	0.00	—	3.30	0.39
	5.16	2.80	-3.94	-2.30	-9.61	-1.62
	4.25	2.47	-8.71	-7.02	-29.38	-4.95
Key metrics
	3.28	5.51	-1.67	-0.99	-5.21	-1.27
	37.57%	22.50%	-371.10%	-95.20%	-297.70%	-1,058.30%
	59.11%	11.40%	-875.60%	-221.20%	-549.10%	-1,350.00%
	—	1.20%	-1.90%	—	—	—
	1,884.09%	5,335.60%	-56.70%	-40.60%	1,358.30%	—
	—	171.10%	-71.30%	76.10%	-493.20%	—
	—	-82.62	-3.07	—	—	—
	—	-7.02	0.78	—	—	—
	—	0.23	0.31	—	—	—
	—	-13.01	-2.80	—	—	—
	—	368.9	113.6	—	—	—
Balance sheet
	—	525.68	120.76	—	—	—
	—	202.10	34.42	—	—	—
	—	109.12	31.56	—	—	—
	—	24.72	0.23	—	—	—
	—	0.00	0.00	—	—	—
	—	6.17	2.62	—	—	—
	—	64.12	1.36	—	—	—
	—	0.00	0.09	—	—	—
	—	86.07	29.21	—	—	—
	—	96.11	28.76	—	—	—
	—	80.68	28.76	—	—	—
	—	15.43	0.00	—	—	—
	—	423.63	91.40	—	—	—
Cash flow
	—	-19.66	-3.07	—	—	—
	—	-279.60	-44.31	—	—	—
	—	369.62	78.68	—	—	—
	—	62.96	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +140.88%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +1,884.09%
Profit YoY (TTM): +286.28%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 58.45%

Quarter	September 2026	June 2026
Promoter %	58.45%	58.45%

Holder	Type	Holding	Previous	Change
RAMA RAGHAVA REDDY KOLLAREDDY	Promoter	49.23%	49.23%	0.00%
SOUMYA KUKRETI	Promoter	7.09%	7.09%	0.00%
INDIA EMERGING GIANTS FUND LIMITED	Public	5.70%	5.41%	+0.29%
VIKASA INDIA EIF I FUND	Public	5.10%	5.09%	+0.01%
MUSUKU MAHENDER REDDY	Public	3.08%	3.08%	0.00%
CHIRANJEEV SINGH SALUJA	Public	2.57%	2.57%	0.00%
SARVAN SINGH KLAIR	Public	2.09%	2.09%	0.00%
KOLLAREDDY RANGANAYAKAMMA	Promoter	1.73%	1.73%	0.00%
VIKASA INDIA EIF I FUND - EMERGING GIANTS FUND	Public	1.67%	1.67%	0.00%
MUSUNURU SUSMITHA	Public	1.62%	1.62%	0.00%
BLUE LOTUS CAPITAL MULTI BAGGER FUND II	Public	1.45%	1.46%	-0.01%
VENKAT NAVEEN GADDE	Public	1.44%	1.44%	0.00%
RAMA VARA PRASAD MEKA	Public	1.16%	1.16%	0.00%
GADDE SUSHMA SRI	Public	1.07%	1.16%	-0.09%
JAIN PAWAN K	Promoter	0.26%	0.26%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
MIDWEST ENERGY LIMITED S	3,139	242.00	605.00	1.20%	+1,884.09% TTM	+286.28% TTM	-3.83%
Ramco Industries Ltd	2,669	307.30	7.92	4.70%	+17.34% TTM	+45.76% TTM	-12.38%
Glass Wall Systems (India) Limited	2,154	245.00	—	—	+64.18% FY26	+45.70% FY26	—
ArisInfra Solutions Limited	1,214	148.45	14.67	13.80%	—	—	-10.44%
BIRLANU LIMITED	901	1,194.20	-7.30	-2.70%	+9.17% TTM	-18.19% TTM	-37.16%
Everest Industries Ltd.	718	452.85	37.76	-11.70%	-16.31% TTM	+178.04% TTM	-22.94%
MARBLE CITY INDIA LIMITED S	397	154.90	94.45	13.50%	+4.13% TTM	-33.70% TTM	-1.81%
SAHYADRI INDUSTRIES LTD. S	347	317.45	6.40	10.20%	+19.77% TTM	+193.30% TTM	+20.96%
OM GALAXY LIMITED	290	85.50	18.10 FY26	—	+10.07% FY26	+4.52% FY26	—
Nidhi Granites Limited	228	284.75	27.33	46.60%	+9.73% TTM	+145.29% TTM	-37.92%
Glittek Granites Ltd. S	212	81.60	1,360.00	-3.60%	-63.86% TTM	-99.32% TTM	+641.82%
DIVYASHAKTI LIMITED S	68	65.79	212.23	0.80%	-58.93% TTM	-90.40% TTM	+11.62%
CELLA SPACE LIMITED S	61	30.09	5.71	13.90%	+847.86% TTM	-79.82% TTM	+87.36%
Ravileela Granites Limited S	57	54.00	6.35	42.50%	+39.51% TTM	+593.08% TTM	+17.39%
Associated Ceramics Ltd. S	53	175.00	20.49	10.70%	-11.22% TTM	+1.16% TTM	-18.57%
LERTHAI FINANCE LIMITED S	29	409.00	-68.51	-4.00%	-100.00% TTM	-5,300.00% TTM	-43.19%
Neelkanth Rockminerals ltd. S	28	55.25	95.26	3.90%	—	+11.11% TTM	+172.84%
Jai Mata Glass Ltd. S	26	2.65	-132.50	-11.30%	-69.70% TTM	+64.06% TTM	+39.47%
Shiva Granito Export Limited S	19	14.21	-355.25	1.50%	—	—	+25.86%
Inani Marbles & Industries Ltd. S	17	9.26	115.75	3.20%	-4.64% TTM	+25.00% TTM	-53.23%
Solid Stone Company Ltd.	13	24.32	26.22	10.70%	-13.78% TTM	-39.02% TTM	-29.55%
Triveni Glass Ltd. S	11	8.83	6.59	4.90%	-100.00% TTM	+1,088.24% TTM	-32.80%
Milestone Global Limited	9	17.50	7.89	9.00%	+31.30% TTM	+246.88% TTM	-32.04%
Sashwat Technocrats Limited S	8	276.75	1,203.26	-11.90%	+25.00% TTM	+125.00% TTM	+4.24%
Mayur Floorings Ltd. S	8	15.43	35.88	6.00%	+31.98% TTM	+117.19% TTM	-20.30%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Outcome of Board Meeting held on November 04, 20264 Nov 2026 · Others / Outcome without intimation
Acceptance of MIDC offer for allotment of Leasehold Industrial Land for setting up 5000 MTPA NdFeB permanent magnet manufacturing facility.30 Oct 2026 · Company Update / General
Certificate under Reg. 74(5) of SEBI(DP) Regulations 201815 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Clarification on Price Movement10 Oct 2026 · Company Update / General
The Exchange has sought clarification from Midwest Energy Ltd on October 12, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....9 Oct 2026 · Company Update / Clarification
Voting Results along with Scrutinizer''s Report of 36th Annual General Meeting.1 Oct 2026 · AGM/EGM / AGM
Proceedings of Thirty-Sixth Annual General Meeting30 Sep 2026 · AGM/EGM / AGM
Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We refere to our intimation dated June 30, 2026 and August 08, 2026 regarding the sub-division/split of the existing equity shares of the Company. In this regard, we wish to inform you ....12 Sep 2026 · Corp. Action / Record Date
Newspaper Publication- Notice of Annual General Meeting10 Sep 2026 · Company Update / Newspaper Publication
Outcome of Postal Ballot Proceedings conducted by the Company.10 Sep 2026 · AGM/EGM / Postal Ballot
Voting Result of postal ballot and submission of Scrutinizer''s Report.10 Sep 2026 · AGM/EGM / Postal Ballot
Notice of 36th Annual General Meeting8 Sep 2026 · AGM/EGM / AGM
Annual Report8 Sep 2026 · Others / Reg. 34 (1) Annual Report
Outcome of Board meeting held on September 07, 20267 Sep 2026 · Others / Outcome without intimation
Monitoring Agency Report for the quarter ended June 30, 2026.14 Aug 2026 · Company Update / Monitoring Agency Report
Newspaper Publication- Unaudited Financial Results for the quarter ended June 30, 2026.13 Aug 2026 · Company Update / Newspaper Publication
Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026.10 Aug 2026 · Result / Financial Results
We wish to inform you that the Board of Director in their meeting held on August 10, 2026 has, inter alia, considered and approved the Un-audited (Standalone & Consolidated) Financial Results ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Submission of Newspaper Advertisements- Notice of Postal Ballot.10 Aug 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot8 Aug 2026 · AGM/EGM / Postal Ballot
Midwest Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....5 Aug 2026 · Board Meeting / Board Meeting
Revised submission of the Outcome of the Board meeting dated 28th July 2026 to incorporate the additional disclosure relating to the resignation of the Independent Director as required ....29 Jul 2026 · Company Update / General
The Board of Directors at its meeting held on July 28, 2026, inter alia, considered and approved/took note of the items as detailed in the attached Outcome of the Board Meeting pursuant ....28 Jul 2026 · Others / Outcome without intimation
Midwest Energy inaugurates its Giga Watt Scale manufacture facility for manufacture Battery Energy Storage Systems20 Jul 2026 · Company Update / Press Release / Media Release
Certificate under Reg. 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quater ended June 30, 2026.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Midwest Energy Limited, along with Midwest Limited and Non- Ferrous Materials Technology Development Centre (NFTDC), has signed a Memorandum of Understanding (MoU) with PT Perusahaan Mineral ....8 Jul 2026 · Company Update / Press Release / Media Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, at its meeting ....30 Jun 2026 · Board Meeting / Outcome of Board Meeting
The Trading window for dealing in the Securities of the Company shall remain closed for all Designated Persons and their Immidiate Relatives from July 1, 2026 till 48 hours after the declaration ....29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Board of Directors of the Company, at its meeting held today, i.e., June 27, 2026, has approved the appointment of Mrs. Soumya Kukreti (DIN: 01760289) as an Additional Director in the ....27 Jun 2026 · Others / Outcome without intimation
Closure of Trading Window pursuant to proposed sub-division of equity shares of the Company.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Midwest Gold Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/06/2026 ,inter alia, to consider and approve Proposal for alteration in the ....24 Jun 2026 · Board Meeting / Board Meeting
Resubmission pursuant to BSE email for separate filing of Statement on Impact of Audit Qualifications (Audit Report with Modified Opinion) for Standalone and Consolidated Financial Results ....12 Jun 2026 · Result / Financial Results
Outcome of Board Meeting held on 05th June 2026: The Board of Directors at its meeting held today i.e. 05th June 2026 has inter-alia considered and approved the appointment of Ms. Prabhat ....5 Jun 2026 · Others / Outcome without intimation
Newspaper Publication with respect to Audited Standalone and Consolidated Financial Statements for the quarter and FY ended March 31, 2026.1 Jun 2026 · Company Update / Newspaper Publication
Resignation of Company Secretary and Compliance Officer31 May 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Audited Financial Results(Standalone and Consolidated) for the quarter and year ended 31st March 202630 May 2026 · Result / Financial Results
Outcomes of Board Meeting29 May 2026 · Board Meeting / Outcome of Board Meeting
Midwest Gold Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Audited Financial Results for ....28 May 2026 · Company Update / Board Meeting Rescheduled
This is to inform that the name of company has been changed from Midwest Gold Limited to Midwest Energy Limited pursuant to the scheme of Amalgamation. Fresh Certificate of incorporation ....25 May 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Stock Split From Rs.10/- to Rs.1/-	25 Sep 2026	25 Sep 2026	—

Board meetings

10 Aug 2026 Board Meeting - Financial Results