Midwest Equestrian Limited

Midwest Equestrian Limited - consumer goods in Aligarh, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U28999UP2018PLC102275 Incorporated 20 March 2018 ROC Kanpur HQ Aligarh, Uttar Pradesh, India
Active Public Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2024
₹1.09 Cr
▼ 5% YoY
Net profit · FY 2024
₹2.56 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹3.04 Lakh
EBITDA margin 2.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings

About Midwest Equestrian Limited

Data last updated:

Midwest Equestrian Limited is a public limited company based in Aligarh, Uttar Pradesh, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 20 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U28999UP2018PLC102275. Its GSTIN is 09AALCM7378P1ZB (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Nurul Abidin and Yusuf Abidin.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 24 Upsidc Industrial Zone Cdf Complex Anoopshahar Road, Aligarh, Uttar Pradesh, India – 202001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.09 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.56 Lakh (net margin 2.4%) and EBITDA of ₹3.04 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.

As per MCA filings, the company has open charges of ₹1.1 Cr on record.

Midwest Equestrian Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-02-0023241). For more details, the company can be reached via its website midwestcorporation.com.

Company Details of Midwest Equestrian Limited
CIN U28999UP2018PLC102275
Registration Number 102275
Incorporation Date 20 March 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-UP-02-0023241
Key People
Nurul Abidin Director Yusuf Abidin Director Syed Saif Abidin Director

Recognitions & Rankings of Midwest Equestrian

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-02-0023241
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    midwestcorporation.com
  • Social Media
    Locked
  • Registered Address
    F – 24 Upsidc Industrial Zone Cdf Complex Anoopshahar Road, Aligarh, Uttar Pradesh, India – 202001
  • Industry
    Consumer Goods, Accessories Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Midwest Equestrian Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Midwest Equestrian Limited

The main business activity of Midwest Equestrian is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Midwest Equestrian Limited FY 2024 filings available

Midwest Equestrian Limited reported revenue of ₹1.09 Cr (down 5% YoY) for FY 2024.

Revenue · FY 2024
₹1.09 Cr ▼ 5%
Net profit · FY 2024
₹2.56 Lakh margin 2.4%
EBITDA · FY 2024
₹3.04 Lakh margin 2.8%

Compounded Annual Growth Rate (CAGR) of Midwest Equestrian Limited

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 81%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 383%
5 years · compounded
▲ 94%

Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 81%. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Midwest Equestrian Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹3.04 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.56 Lakh••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Midwest Equestrian Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.8%••••••••••••••••
Net Profit Margin2.4%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Midwest Equestrian are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Board of Directors of Midwest Equestrian Limited

Midwest Equestrian has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nurul AbidinDirector20 Mar 20188 Years 7 MonthsCurrent
Yusuf AbidinDirector20 Mar 20188 Years 7 MonthsCurrent
Syed Saif Abidin
Also directs: Midwest Castings Limited
Director20 Mar 20188 Years 7 MonthsCurrent
Nighat AbidinDirector20 Mar 20188 Years 7 MonthsCurrent
View all directors

Peer Comparison of Midwest Equestrian Limited

Midwest Equestrian Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Black Light Marketing Private Limited₹1.1 Cr (FY 2024)••••••••-35.0%••••Mumbai, Maharashtra, India
Aryan Music House Private Limited₹1.1 Cr (FY 2025)••••••••233.0%••••Delhi, India
Durable Chrome Factory Private Limited₹1.09 Cr (FY 2024)••••••••2.0%••••Chennai, Tamil Nadu, India
S I M Consultancy Services Private Limited₹1.09 Cr (FY 2025)••••••••28.0%••••Delhi, India
Neferex Worldwide LLP₹1.09 Cr (FY 2023)••••••••56.0%••••Noida, Uttar Pradesh, India
Midwest Equestrian Limited this company₹1.09 Cr (FY 2024)••••••••-5.0%••••Aligarh, Uttar Pradesh, India
Minicosm Services Private Limited₹1.09 Cr (FY 2024)••••••••17.0%••••Hyderabad, Telangana, India
Mycheck Partners Agency Private Limited₹1.08 Cr (FY 2024)••••••••7.0%••••New Delhi, Delhi, India
Shrat Exports (OPC) Private Limited₹1.08 Cr (FY 2025)••••••••-70.0%••••New Delhi, Delhi, India
Pavaki Vintrade Private Limited₹1.08 Cr (FY 2025)••••••••103.0%••••Kolkata, West Bengal, India
Together Tech Private Limited₹1.08 Cr (FY 2025)••••••••-37.0%••••Noida, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Midwest Equestrian by revenue in the Consumer Products industry (Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Midwest Equestrian Limited

Midwest Equestrian Limited is audited by GODANIBANSAL&COMPANY for the financial year 2023.

NameStatusAppointment DateCessation Date
GODANIBANSAL&COMPANYLockedLockedLocked
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Ownership and Shareholding of Midwest Equestrian Limited

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Charges & Borrowings of Midwest Equestrian Limited

Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.10 Cr
Latest charge details
DateLenderAmountStatus
27 Jan 2025Others₹1.1 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Midwest Equestrian Limited

Employment history and EPFO contributions of people linked to Midwest Equestrian.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Midwest Equestrian Limited

Midwest Equestrian Limited has 4 board changes on record since 2018: 4 appointments. The latest: Nighat Abidin was appointed as Director on 20 Mar 2018.

Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 101043557 was registered on 27 Jan 2025.
AGM
Midwest Equestrian Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Midwest Equestrian Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Appointed
Nighat Abidin was appointed as Director.
Appointed
Nurul Abidin was appointed as Director.
Appointed
Syed Saif Abidin was appointed as Director.
Appointed
Yusuf Abidin was appointed as Director.
Incorporation
20 Mar 2018
Midwest Equestrian Limited was registered on 20 Mar 2018 with Roc Kanpur & aged 8 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Midwest Equestrian Limited

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MSME Payment Delays by Midwest Equestrian Limited

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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Midwest Equestrian Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Midwest Equestrian Limited

Midwest Equestrian has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AALCM7378P1ZBUttar PradeshActive26 Jul 2018
09AALCM7378P1DKUttar PradeshActive05 Mar 2025
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GST registrations and filing compliance

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MCA Filings & Documents of Midwest Equestrian Limited

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Frequently Asked Questions about Midwest Equestrian Limited

Midwest Equestrian is an active public limited company based in Aligarh, Uttar Pradesh, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 20 March 2018 (8+ years old) and is registered under CIN U28999UP2018PLC102275.

Midwest Equestrian reported revenue of ₹1.09 Cr for FY 2024 (down 5% YoY).

Midwest Equestrian has 4 current directors:

Midwest Equestrian reported a net profit of ₹2.56 Lakh (net margin 2.4%) and EBITDA of ₹3.04 Lakh (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Midwest Equestrian is 81% over three years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Midwest Equestrian is 09AALCM7378P1ZB, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AALCM7378P1DK (Uttar Pradesh).

The CIN (Corporate Identification Number) of Midwest Equestrian is U28999UP2018PLC102275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Midwest Equestrian was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Midwest Equestrian by revenue are Black Light Marketing Private Limited, Aryan Music House Private Limited, Durable Chrome Factory Private Limited, S I M Consultancy Services Private Limited, Neferex Worldwide LLP and 5 more, all in the Consumer Products industry (Accessories Retail and Distribution).

Nighat Abidin was appointed as Director on 20 Mar 2018. Nurul Abidin was appointed as Director on 20 Mar 2018. Syed Saif Abidin was appointed as Director on 20 Mar 2018. Midwest Equestrian has 4 board changes on record in total.

Yes, Midwest Equestrian is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-02-0023241).

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