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Midwest Key Ratios

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NSE: MIDWESTLTD | BSE: 544587

₹942.60

up-down-arrow ₹-50.80 (-5.11%)

As on 24-Sep-2026IST

Market cap

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₹3,419 Cr

Revenue (TTM)

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₹695 Cr

P/E Ratio

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30.8

P/B Ratio

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3.5

Div. Yield

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0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -11.11 34.85 10.21 8.71 11.18
EBIT -19.90 23.55 6.28 28.00 13.72
Net Profit -17.32 26.68 11.71 25.06 12.08
EPS -17.32 18.45 6.27 21.92 11.54
Book Value -- -- 45.73 36.95 26.47
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 22.6219.6921.2122.2823.43
Net Margin info 17.8315.2715.9116.1420.73
Return on equity info 21.5121.0013.5713.5425.39
Return on Capital info 23.4623.42--15.8826.75
Return on Assets info 12.4611.3416.568.7214.59
Debt to Equity (x) info ----0.140.180.39

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
15.88
26.75
27.75
19.92
Peer Median
--
11.26
6.71
9.19
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

13.57

Higher than Peers by 10.55

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
13.57
13.54
25.39
25.59
17.13
Peer Median
3.02
7.70
3.44
6.50
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

16.56

Higher than Peers by 14.35

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
16.56
8.72
14.59
14.07
8.44
Peer Median
2.20
3.79
3.27
4.67
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

21.21

Higher than Peers by 18.88

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
21.21
22.28
23.43
22.15
13.65
Peer Median
2.33
14.24
11.49
10.26
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

15.91

Higher than Peers by 11.13

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
15.91
16.14
20.73
16.63
10.42
Peer Median
4.78
7.31
5.75
8.90
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
21.30
25.37
20.92
15.12
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

10.21

Higher than Peers by 10.78

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
10.21
3.10
6.93
16.54
-4.33
Peer Median
-0.57
8.31
30.45
1.37
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

6.28

Higher than Peers by 16.30

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
6.28
-1.94
13.09
89.13
-22.94
Peer Median
-10.02
3.76
32.17
9.69
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

11.71

Higher than Peers by 21.15

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
11.71
-20.12
32.87
84.30
-18.86
Peer Median
-9.44
-7.32
23.31
33.41
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

6.27

--

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
6.27
-19.91
26.82
78.45
-15.20
Peer Median
--
-5.80
23.41
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
55.85
41.09
24.96
21.43
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.14

Higher than Peers by 0.07

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
0.14
0.18
0.39
0.28
0.43
Peer Median
0.07
0.15
0.35
0.13
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
0.02
0.11
0.07
0.15
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

2.70

Higher than Peers by 0.69

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
2.70
2.61
1.56
1.66
1.28
Peer Median
2.01
2.75
1.98
2.69
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

2.50

Higher than Peers by 1.16

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
2.50
2.42
1.46
1.45
0.98
Peer Median
1.35
2.40
2.13
1.54
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

15.72

Higher than Peers by 12.37

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
15.72
11.08
16.58
15.34
9.19
Peer Median
3.34
4.75
5.04
8.09
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

32.74

Higher than Peers by 6.34

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
32.74
35.26
38.32
20.33
19.15
Peer Median
26.40
37.88
41.14
32.64
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

1.02

Higher than Peers by 0.59

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
1.02
0.53
0.69
0.82
0.78
Peer Median
0.42
0.50
0.43
0.50
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
132.17
104.64
67.10
50.08
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
20.09
18.89
29.49
39.37
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
2,370.47
527.23
235.76
6,990.81
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
-2,218.20
-403.70
-139.17
-6,901.36
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

30.79

Lower than Peers by 10.61

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
30.79
39.52
--
--
--
Peer Median
41.40
37.69
19.33
23.19
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

3.46

Higher than Peers by 1.52

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
3.46
4.33
--
--
--
Peer Median
1.94
2.22
1.91
1.18
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
--
--
--
--
--
Peer Median
--
--
--
0.12
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

17.10

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
17.10
21.62
1.25
0.60
1.24
Peer Median
--
10.06
18.49
18.96
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

3,419

Higher than Peers by 3,283

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Midwest
3,419
4,143
--
--
--
Peer Median
135
139
148
148
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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