About Mid India Industries Limited
Data last updated: 05 January 2026
Mid India Industries Limited is a public limited company based in Mandsaur, Madhya Pradesh, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 19 March 1991, the company has been in operation for over 35 years.
Registered with ROC Gwalior under CIN L17124MP1991PLC006324. Listed on BSE: 500277.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹16.3 Cr. Formerly known as Mid India Spinning Limited. It is led by directors including Manish Joshi and Dhawal Bagmar.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: Textile Mill Area Station Road, Mandsaur, Madhya Pradesh, India – 458001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.32 Cr, a decline of 8% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data.
The company is associated with 1 brand - Mid India Industries. As per MCA filings, the company has satisfied charges of ₹51.02 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midindiaindustries.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressTextile Mill Area Station Road, Mandsaur, Madhya Pradesh, India – 458001
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mid India Industries Limited
Mid India Industries Limited has one previous CIN (Corporate Identification Number): U17124MP1991PLC006324. The current CIN is L17124MP1991PLC006324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17124MP1991PLC006324 | Current |
| U17124MP1991PLC006324 | Previous |
Associated Brands with Mid India Industries Limited
Mid India Industries Limited operates one associated brand: Mid India Industries. These brands represent Mid India Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cotton and synthetic yarns are manufactured by the company. | midindiaindustries.com |
Business Activity of Mid India Industries Limited
Mid India Industries Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of Mid India Industries Limited
Mid India Industries Limited is audited by ATM & Associates (ICAI peer reviewed, certificate valid till 2028-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| ATM & Associates (ICAI peer reviewed, certificate valid till 2028-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Mid India Industries Limited
Mid India Industries Limited is currently managed by 9 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manish Joshi
Also directs:
Sanatan Palm Plantation Private Limited, Govindah Nutrition Limited, Bhadora Industries Limited and 1 more
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Company Secretary | 01 May 2025 | 1 Years 2 Months | Current |
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Dhawal Bagmar
Also directs:
Ad- Manum Finance Limited, Available Finance Limited
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Director | 12 Aug 2024 | 1 Years 10 Months | Current |
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Awani Kothari
Also directs:
Econ Antri Limited
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Director | 11 Aug 2023 | 2 Years 10 Months | Current |
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Bhushan Tambe
Also directs:
Econ Antri Limited
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Director | 11 Aug 2023 | 2 Years 10 Months | Current |
|
Bhawani Shankar Soni
Also directs:
Trizon Developers Private Limited
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Whole-Time Director | 24 May 2019 | 7 Years 1 Months | Current |
| Deepika Gandhi | Director | 14 Nov 2014 | 11 Years 7 Months | Current |
Financials of Mid India Industries Limited FY 2026 filings available
Mid India Industries Limited reported revenue of ₹13.12 Cr (up 107.56% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹13.12 Cr | ₹6.32 Cr | ₹6.73 Cr | ₹14.68 Cr | ₹18.98 Cr | ₹1.65 Cr | ₹8.48 Cr | ₹21.21 Cr |
| Other Income | ₹11.27 Lakh | ₹0 | ₹15.96 Lakh | ₹1.52 Lakh | ₹3.37 Lakh | ₹1.67 Lakh | ₹2.87 Lakh | ₹7.36 Lakh |
| Total Income | ₹13.23 Cr | ₹6.32 Cr | ₹6.89 Cr | ₹14.69 Cr | ₹19.01 Cr | ₹1.66 Cr | ₹8.51 Cr | ₹21.28 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹13.27 Cr |
| Purchases of Stock-in-Trade | ₹11.37 Cr | ₹5.8 Cr | ₹6.22 Cr | ₹12.12 Cr | ₹18.48 Cr | ₹1.37 Cr | ₹7.92 Cr | ₹1.44 Cr |
| Changes in Inventories | -₹1.11 Lakh | ₹28,000 | ₹19.01 Lakh | ₹88.93 Lakh | -₹1.1 Cr | ₹0 | ₹0 | ₹1.79 Cr |
| Employee Benefit Expense | ₹21.42 Lakh | ₹19.08 Lakh | ₹26.55 Lakh | ₹18.9 Lakh | ₹11.38 Lakh | ₹14.02 Lakh | ₹14.63 Lakh | ₹2.58 Cr |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹4.99 Lakh | ₹6.87 Lakh | ₹19.67 Lakh | ₹22.29 Lakh | ₹18.67 Lakh | ₹26.44 Lakh | ₹24.97 Lakh | ₹27.36 Lakh |
| Other Expenses | ₹1.27 Cr | ₹38.28 Lakh | ₹26.46 Lakh | ₹22.75 Lakh | ₹55.64 Lakh | ₹13.97 Lakh | ₹23.39 Lakh | ₹4.51 Cr |
| Total Expenses | ₹12.89 Cr | ₹6.45 Cr | ₹7.14 Cr | ₹13.65 Cr | ₹18.23 Cr | ₹1.92 Cr | ₹8.55 Cr | ₹23.87 Cr |
| Profit Before Exceptional Items & Tax | ₹33.93 Lakh | -₹12.61 Lakh | -₹24.69 Lakh | ₹1.04 Cr | ₹78.48 Lakh | -₹25.54 Lakh | -₹3.95 Lakh | -₹2.59 Cr |
| Exceptional Items | ₹0 | ₹0 | -₹15.02 Lakh | -₹46.22 Lakh | ₹33,000 | ₹55,000 | ₹35,000 | ₹62,000 |
| Profit Before Tax | ₹33.93 Lakh | -₹12.61 Lakh | -₹39.71 Lakh | ₹57.81 Lakh | ₹78.81 Lakh | -₹24.99 Lakh | -₹3.6 Lakh | -₹2.58 Cr |
| Total Tax Expense | ₹4.08 Lakh | -₹82,000 | ₹2.73 Lakh | ₹12.85 Lakh | ₹26.87 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹29.85 Lakh | -₹11.79 Lakh | -₹42.44 Lakh | ₹44.96 Lakh | ₹51.94 Lakh | -₹24.99 Lakh | -₹3.6 Lakh | -₹2.58 Cr |
| Other Comprehensive Income | ₹32,000 | -₹19,000 | -₹23,000 | -₹2.18 Lakh | ₹31,000 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹30.17 Lakh | -₹11.98 Lakh | -₹42.67 Lakh | ₹42.78 Lakh | ₹52.25 Lakh | -₹24.99 Lakh | -₹3.6 Lakh | -₹2.58 Cr |
| EBITDA (computed) | ₹38.92 Lakh | -₹5.74 Lakh | -₹5.02 Lakh | ₹1.26 Cr | ₹97.15 Lakh | ₹90,000 | ₹21.02 Lakh | -₹2.32 Cr |
| Basic EPS | ₹0.19 | ₹-0.07 | ₹-0.26 | ₹0.26 | ₹0.32 | ₹-0.15 | ₹-0.02 | ₹-1.59 |
| Diluted EPS | ₹0.19 | ₹-0.07 | ₹-0.26 | ₹0.26 | ₹0.32 | ₹-0.15 | ₹0.02 | ₹-1.59 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹3.34 Cr | ₹1.53 Cr | ₹4.28 Cr | ₹5.67 Cr | ₹7.92 Cr | ₹4.84 Cr | ₹7.8 Cr | ₹5.65 Cr |
| Non-current Assets | ₹29.18 Lakh | ₹33.07 Lakh | ₹70.55 Lakh | ₹1.66 Cr | ₹1.73 Cr | ₹1.96 Cr | ₹2.28 Cr | ₹2.67 Cr |
| Current Assets | ₹3.05 Cr | ₹1.2 Cr | ₹3.57 Cr | ₹4.01 Cr | ₹6.18 Cr | ₹2.88 Cr | ₹5.52 Cr | ₹2.98 Cr |
| Property, Plant & Equipment | ₹28.51 Lakh | ₹32.79 Lakh | ₹49.12 Lakh | ₹1.23 Cr | ₹1.45 Cr | ₹1.63 Cr | ₹1.89 Cr | ₹2.14 Cr |
| Inventories | ₹3.26 Lakh | ₹2.15 Lakh | ₹2.43 Lakh | ₹21.45 Lakh | ₹1.1 Cr | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹1.06 Cr | ₹16.03 Lakh | ₹2.74 Cr | ₹2.4 Cr | ₹3.79 Cr | ₹2.58 Cr | ₹5.24 Cr | ₹2.37 Cr |
| Cash & Equivalents | ₹11.76 Lakh | ₹4.62 Lakh | ₹20.25 Lakh | ₹8.53 Lakh | ₹12.26 Lakh | ₹2.8 Lakh | ₹3.81 Lakh | ₹13.43 Lakh |
| Equity (Net Worth) | -₹4.18 Cr | -₹4.5 Cr | -₹4.38 Cr | -₹4.08 Cr | -₹4.78 Cr | -₹5.29 Cr | -₹5.04 Cr | -₹5 Cr |
| Equity Share Capital | ₹16.3 Cr | ₹16.3 Cr | ₹16.3 Cr | ₹16.3 Cr | ₹16.3 Cr | ₹16.3 Cr | ₹16.3 Cr | ₹16.3 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹7.51 Cr | ₹5.98 Cr | ₹8.6 Cr | ₹9.56 Cr | ₹12.51 Cr | ₹10.09 Cr | ₹12.8 Cr | ₹10.61 Cr |
| Total Liabilities | ₹7.52 Cr | ₹6.04 Cr | ₹8.66 Cr | ₹9.75 Cr | ₹12.7 Cr | ₹10.13 Cr | ₹12.84 Cr | ₹10.65 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹7.85 Lakh | -₹15.62 Lakh | -₹58.3 Lakh | -₹2.67 Lakh | -₹8.66 Lakh |
| Investing Cash Flow | -₹71,000 | ₹0 | ₹70.02 Lakh | -₹1.06 Lakh | ₹18.12 Lakh |
| Financing Cash Flow | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹71,000 | ₹0 | ₹0 | ₹1.06 Lakh | ₹25,000 |
| Free Cash Flow (computed) | ₹7.14 Lakh | -₹15.62 Lakh | -₹58.3 Lakh | -₹3.73 Lakh | -₹8.91 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹7.14 Lakh | -₹15.62 Lakh | ₹11.72 Lakh | -₹3.73 Lakh | ₹9.46 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹6.93 Cr | ₹3.38 Cr | ₹1.31 Cr | ₹1.49 Cr | ₹1.37 Cr | ₹2.38 Cr | ₹1.55 Cr | ₹1.02 Cr |
| Other Income | ₹7.96 Lakh | ₹1.65 Lakh | ₹1.66 Lakh | ₹0 | ₹9.45 Lakh | ₹0 | ₹0 | -₹9.45 Lakh |
| Total Income | ₹7.01 Cr | ₹3.4 Cr | ₹1.33 Cr | ₹1.49 Cr | ₹1.47 Cr | ₹2.38 Cr | ₹1.55 Cr | ₹92.75 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹5.08 Cr | ₹3.76 Cr | ₹1.18 Cr | ₹1.35 Cr | ₹1.28 Cr | ₹2.19 Cr | ₹1.29 Cr | ₹1.04 Cr |
| Changes in Inventories | ₹80.27 Lakh | -₹80.52 Lakh | -₹3.01 Lakh | ₹2.15 Lakh | -₹2.15 Lakh | ₹2.32 Lakh | ₹14.82 Lakh | -₹14.71 Lakh |
| Employee Benefit Expense | ₹7.18 Lakh | ₹6.4 Lakh | ₹4.54 Lakh | ₹3.3 Lakh | ₹4.83 Lakh | ₹3.96 Lakh | ₹4.51 Lakh | ₹5.78 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹1.28 Lakh | ₹1.21 Lakh | ₹1.29 Lakh | ₹1.21 Lakh | ₹1.78 Lakh | ₹1.7 Lakh | ₹1.71 Lakh | ₹1.68 Lakh |
| Other Expenses | ₹65.79 Lakh | ₹43.09 Lakh | ₹12.76 Lakh | ₹5.7 Lakh | ₹18.76 Lakh | ₹6.74 Lakh | ₹6.27 Lakh | ₹6.51 Lakh |
| Total Expenses | ₹6.63 Cr | ₹3.46 Cr | ₹1.33 Cr | ₹1.47 Cr | ₹1.52 Cr | ₹2.34 Cr | ₹1.56 Cr | ₹1.04 Cr |
| Profit Before Exceptional Items & Tax | ₹38.8 Lakh | -₹6.17 Lakh | -₹81,000 | ₹2.11 Lakh | -₹4.66 Lakh | ₹4.06 Lakh | -₹1.2 Lakh | -₹10.81 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹38.8 Lakh | -₹6.17 Lakh | -₹81,000 | ₹2.11 Lakh | -₹4.66 Lakh | ₹4.06 Lakh | -₹1.2 Lakh | -₹10.81 Lakh |
| Total Tax Expense | ₹4.08 Lakh | ₹0 | ₹0 | ₹0 | -₹82,000 | ₹0 | -₹44,000 | ₹0 |
| Net Profit | ₹34.72 Lakh | -₹6.17 Lakh | -₹81,000 | ₹2.11 Lakh | -₹3.84 Lakh | ₹4.06 Lakh | -₹76,000 | -₹10.81 Lakh |
| Other Comprehensive Income | ₹32,000 | ₹0 | ₹0 | ₹0 | -₹19,000 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹35.04 Lakh | -₹6.17 Lakh | -₹81,000 | ₹2.11 Lakh | -₹4.03 Lakh | ₹4.06 Lakh | -₹76,000 | -₹10.81 Lakh |
| EBITDA (computed) | ₹40.08 Lakh | -₹4.96 Lakh | ₹48,000 | ₹3.32 Lakh | -₹2.88 Lakh | ₹5.76 Lakh | ₹51,000 | -₹9.13 Lakh |
| Basic EPS | ₹0.21 | ₹-0.04 | ₹0.00 | ₹0.01 | ₹-0.02 | ₹0.02 | ₹0.00 | ₹-0.07 |
| Diluted EPS | ₹0.21 | ₹-0.04 | ₹0.00 | ₹0.01 | ₹-0.02 | ₹0.02 | ₹0.00 | ₹-0.07 |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| LEASE RENT | ₹0 | -₹19.67 Lakh | - | - |
| TRADING | ₹6.73 Cr | -₹36 Lakh | - | - |
Shareholding Pattern of Mid India Industries Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 50.71%, domestic institutional investors hold 0.25%, retail and other public shareholders hold 49.04% of Mid India Industries Limited. The company had 17,527 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 50.71% | 50.71% | 50.71% | 50.71% | 50.92% | 50.92% |
| Public | 49.29% | 49.29% | 49.29% | 49.29% | 49.08% | 49.08% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 50.71% | 50.92% | 50.91% |
| Public | 49.29% | 49.08% | 49.09% |
| Promoter change (YoY, %pts) | -0.21 | +0.01 | - |
Charges & Borrowings of Mid India Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 1998 | Dena Bank | ₹1.5 Cr | Satisfied |
| 04 Jun 1998 | Dena Bank | ₹7 Cr | Satisfied |
| 10 Jul 1997 | Dena Bank | ₹25 Lakh | Satisfied |
| 10 Jul 1997 | Dena Bank | ₹8.4 Cr | Satisfied |
| 10 Jul 1997 | Dena Bank | ₹2.74 Cr | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Mid India Industries Limited
Mid India Industries Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Mid India Industries Limited
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GST Compliance of Mid India Industries Limited
GSTIN & GST Filing Data of Mid India Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mid India Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mid India Industries Limited
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MSME Payment Delays by Mid India Industries Limited
MSME Payment Delays by Mid India Industries Limited
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Subsidiaries & Group Companies of Mid India Industries Limited
Subsidiaries & Group Companies of Mid India Industries Limited
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MCA Filings & Documents of Mid India Industries Limited
MCA Filings & Documents of Mid India Industries Limited
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Recent Activity on Mid India Industries Limited
Frequently Asked Questions about Mid India Industries Limited
Mid India Industries Limited is an active public limited company in the manufacturing sector based in Mandsaur, Madhya Pradesh, India. It was incorporated on 19 March 1991 (35+ years old) and is registered under CIN L17124MP1991PLC006324. Listed on BSE: 500277. The company has 1 employees.
Mid India Industries Limited reported revenue of ₹6.32 Cr for FY 2025 (down 8.00% YoY).
The current directors of Mid India Industries Limited are:
- Manish Joshi
- Dhawal Bagmar
- Awani Kothari
- Bhushan Tambe
- Bhawani Shankar Soni
- Deepika Gandhi
- Shailendra Agrawal
- Om Prakash Dhanotiya
- Sanjay Singh
The primary industry of Mid India Industries Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Mid India Industries Limited is listed on BSE with code 500277.
Mid India Industries Limited can be reached at the registered office: Textile Mill Area Station Road, Mandsaur, Madhya Pradesh, India – 458001, or through the website midindiaindustries.com.