About Midwest Energy Limited
Data last updated:
Midwest Energy Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Midwest Granite Pvt Ltd. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 20 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L13200TG1990PLC163511. Its GSTIN is 36AAACN4898C1ZC (Telangana). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 526570.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.97 Cr. It was formerly known as Nova Granites (India) Limited. It is led by directors including Deepak Kukreti (Whole-Time Director) and Satyanarayana Raju Baladari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Level 19 Wing A Sky One Prestige Skytech, Financial District Nanakramguda Hyderabad, Telangana, India – 500032.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹8.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.02 Cr (net margin -161.9%) and EBITDA of -₹10 Cr (EBITDA margin -115.5%). The net worth stands at ₹414.15 Cr (up 315.3% YoY). Total assets are valued at ₹700.76 Cr (up 262.4% YoY).
The company is associated with 1 brand: Midwest Gold. As per MCA filings, the company has open charges of ₹321 Cr and satisfied charges of ₹67.82 Cr on record. Court records list 22 cases involving the company, including 18 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midwestgoldltd.com.
Company details
Name history
Midwest Energy has undergone 2 name changes throughout its history. The company was previously known as Nova Granites (India) Limited, and Midwest Energy Limited. The current legal name is Midwest Energy Limited.
| Company Name | Status |
|---|---|
| Midwest Energy Limited | Current |
| Nova Granites (India) Limited | Previous |
CIN history
Midwest Energy has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L13200TG1990PLC163511, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L13200TG1990PLC163511 | Current |
| L14104KA1990PLC011396 | Previous |
| L13200KA1990PLC011396 | Previous |
| L85110KA1990PLC011396 | Previous |
Contact details
Midwest Energy Limited's registered office is in Hyderabad, Telangana. Its website is midwestgoldltd.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressLevel 19 Wing A Sky One Prestige Skytech, Financial District Nanakramguda Hyderabad, Telangana, India – 500032
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Midwest Energy Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Midwest Energy operates one associated brand: Midwest Gold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Granite and other minerals are processed for various applications. | midwestgoldltd.com |
Business activity
The main business activity of Midwest Energy is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Midwest Energy Limited, buy the company report.
Financials of Midwest Energy Limited
FY 2025-26 filings availableMidwest Energy Limited reported revenue of ₹8.66 Cr (up 1010.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 8.66 | 0.78 |
| Revenue growth | +1010.3% | - |
| EBITDA | (10.00) | (4.24) |
| EBITDA margin | -115.5% | -543.6% |
| Profit before tax | (14.02) | (6.84) |
| Net profit | (14.02) | (5.51) |
| Net profit margin | -161.9% | -706.4% |
| EPS (₹) | (12.67) | (5.07) |
| Balance sheet | ||
| Total assets | 701 | 193 |
| Net worth | 414 | 99.72 |
| Total debt | 288 | 92.49 |
| Cash & bank | 220 | 41.54 |
| Net working capital | 245 | 68.79 |
| Cash flow | ||
| Cash from operations | (14.24) | (33.28) |
| Cash from investing | (416) | (83.94) |
| Cash from financing | 517 | 156 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | 6.24 | 5.76 | 1.20 | 1.20 | 0.49 |
| Revenue growth (YoY) | +1173.5% | - | - | - | - |
| Other income | 1.67 | 1.13 | 0.23 | 0.21 | 0.30 |
| EBITDA | (0.46) | (3.22) | (2.03) | (2.04) | (2.73) |
| EBITDA margin | -7.4% | -55.9% | -169.2% | -170.0% | -557.1% |
| Depreciation | 0.94 | 0.86 | 0.87 | 0.85 | 0.70 |
| Interest | 1.29 | 0.50 | 0.59 | 0.84 | 0.66 |
| Profit before tax | (1.02) | (3.45) | (3.26) | (3.52) | (3.79) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (1.02) | (3.45) | (3.26) | (3.52) | (3.79) |
| EPS (₹) | (0.93) | (3.05) | (2.61) | (2.89) | (3.14) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 24.46 | 0.45 | 1.05 | 1.75 | 0.12 | 0.37 | 0.57 |
| Revenue growth | +5335.6% | -57.1% | -40.0% | +1358.3% | -67.6% | -35.1% | - |
| EBITDA | (2.02) | (3.03) | (1.04) | (5.23) | (1.40) | (1.10) | (0.66) |
| EBITDA margin | -8.3% | -673.3% | -99.1% | -298.9% | -1166.7% | -297.3% | -115.8% |
| Profit before tax | 2.80 | (3.93) | (2.30) | (6.31) | (2.01) | (1.55) | (0.87) |
| Net profit | 2.80 | (3.85) | (2.30) | (9.59) | (1.62) | (1.45) | (1.27) |
| Net profit margin | +11.5% | -855.6% | -219.1% | -548.0% | -1350.0% | -391.9% | -222.8% |
| EPS (₹) | 2.47 | (3.57) | (7.02) | (29.38) | (4.95) | (4.23) | (3.83) |
| Balance sheet | |||||||
| Total assets | 520 | 145 | 3.79 | 4.39 | 10.99 | 8.30 | 5.47 |
| Net worth | 437 | 109 | (23.14) | (20.82) | (11.22) | (9.60) | (8.22) |
| Total debt | 80.84 | 35.81 | 26.78 | 25.12 | 22.13 | 17.84 | 13.66 |
| Cash & bank | 171 | 38.76 | 0.26 | 0.19 | 0.14 | 0.13 | 0.10 |
| Net working capital | 197 | 43.42 | 1.40 | 1.91 | 5.20 | 2.62 | (0.21) |
| Cash flow | |||||||
| Cash from operations | (20.43) | (9.27) | (0.41) | (1.82) | 0.62 | 0.33 | 0.15 |
| Cash from investing | (280) | (69.00) | 0.03 | (0.12) | 0.02 | 0.10 | (0.19) |
| Cash from financing | 371 | 116 | 0.45 | 1.98 | (0.62) | (0.40) | (0.07) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.63 | 4.10 | 20.36 | 0.01 | 0.00 | 0.63 | 0.26 | 0.01 |
| Revenue growth (YoY) | - | +550.8% | +7730.8% | 0.0% | - | - | - | - |
| Other income | 2.86 | 2.05 | 2.05 | 1.75 | 1.50 | 0.61 | 0.38 | 0.13 |
| Total expenses | 3.76 | 5.38 | 20.27 | 0.21 | 0.21 | 2.59 | 0.80 | 0.16 |
| EBITDA | 0.87 | (1.28) | 0.09 | (0.20) | (0.21) | (1.96) | (0.54) | (0.15) |
| EBITDA margin | +18.8% | -31.2% | +0.4% | -2000.0% | - | -311.1% | -207.7% | -1500.0% |
| Depreciation | 0.03 | 0.04 | 0.04 | 0.01 | 0.01 | 0.03 | 0.02 | 0.02 |
| Interest | 0.55 | 0.50 | 0.59 | 0.81 | 0.65 | 0.60 | 0.94 | 0.33 |
| Profit before tax | 3.15 | 0.23 | 1.51 | 0.73 | 0.63 | (1.98) | (1.12) | (0.37) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | 6.24 | 5.76 | 1.20 | 1.20 | 0.49 |
| Revenue growth (YoY) | +1173.5% | - | - | - | - |
| Other income | 1.67 | 1.13 | 0.23 | 0.21 | 0.30 |
| EBITDA | (0.46) | (3.22) | (2.03) | (2.04) | (2.73) |
| EBITDA margin | -7.4% | -55.9% | -169.2% | -170.0% | -557.1% |
| Depreciation | 0.94 | 0.86 | 0.87 | 0.85 | 0.70 |
| Interest | 1.29 | 0.50 | 0.59 | 0.84 | 0.66 |
| Profit before tax | (1.02) | (3.45) | (3.26) | (3.52) | (3.79) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (1.02) | (3.45) | (3.26) | (3.52) | (3.79) |
| EPS (₹) | (0.93) | (3.05) | (2.61) | (2.89) | (3.14) |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 8.66 | 0.78 |
| Revenue growth | +1010.3% | - |
| Other income | 1.87 | 0.36 |
| Total expenses | 18.66 | 5.02 |
| Employee cost | 0.00 | 0.27 |
| EBITDA | (10.00) | (4.24) |
| EBITDA margin | -115.5% | -543.6% |
| Depreciation | 3.29 | 0.58 |
| Interest | 2.60 | 2.38 |
| Profit before tax | (14.02) | (6.84) |
| Tax | 0.00 | (0.01) |
| Net profit | (14.02) | (5.51) |
| Net profit margin | -161.9% | -706.4% |
| EPS (₹) | (12.67) | (5.07) |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 26.37 | 24.52 |
| Reserves & surplus | 381 | 75.20 |
| Shareholders' funds (net worth) | 414 | 99.72 |
| Minority interest | (2.44) | 1.03 |
| Secured loans | 174 | 56.68 |
| Unsecured loans | 114 | 35.81 |
| Total debt | 288 | 92.49 |
| Total liabilities | 701 | 193 |
| Assets | ||
| Gross block | 125 | 35.54 |
| Net block | 115 | 28.34 |
| Capital work in progress | 189 | 75.54 |
| Investments | 1.55 | 0.00 |
| Inventories | 6.49 | 3.90 |
| Sundry debtors | 7.09 | 0.63 |
| Cash & bank balances | 220 | 41.54 |
| Loans & advances | 25.29 | 31.41 |
| Total current assets | 259 | 77.48 |
| Total current liabilities | 13.24 | 8.69 |
| Net working capital | 245 | 68.79 |
| Total assets | 701 | 193 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 39.31 | 0.26 |
| Net cash from operating activities | (14.24) | (33.28) |
| Net cash from investing activities | (416) | (83.94) |
| Net cash from financing activities | 517 | 156 |
| Net change in cash | 87.45 | 39.05 |
| Closing cash | 220 | 41.54 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +1010.3% | - |
| EBITDA growth | -135.9% | - |
| PBT growth | -104.8% | +9997.0% |
| Net income growth | -154.5% | - |
| Profitability & leverage | ||
| Net income margin | -161.8% | -875.6% |
| Return on capital employed | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% |
| Debt / equity | 0.74 | 0.93 |
| Long-term debt / equity | 0.48 | 0.64 |
| Interest cover | -20.67 | -49.38 |
| Efficiency & per share | ||
| Fixed asset turnover | 0.11 | 0.02 |
| Inventory turnover | 1.67 | 0.20 |
| Debtors turnover | 2.24 | 1.24 |
| EPS (₹) | (10.86) | (6.19) |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 305.61 | 78.07 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.63 | 4.10 | 20.36 | 0.01 | 0.00 | 0.63 | 0.26 | 0.01 |
| Revenue growth (YoY) | - | +550.8% | +7730.8% | 0.0% | - | - | - | - |
| Other income | 2.86 | 2.05 | 2.05 | 1.75 | 1.50 | 0.61 | 0.38 | 0.13 |
| Total expenses | 3.76 | 5.38 | 20.27 | 0.21 | 0.21 | 2.59 | 0.80 | 0.16 |
| EBITDA | 0.87 | (1.28) | 0.09 | (0.20) | (0.21) | (1.96) | (0.54) | (0.15) |
| EBITDA margin | +18.8% | -31.2% | +0.4% | -2000.0% | - | -311.1% | -207.7% | -1500.0% |
| Depreciation | 0.03 | 0.04 | 0.04 | 0.01 | 0.01 | 0.03 | 0.02 | 0.02 |
| Interest | 0.55 | 0.50 | 0.59 | 0.81 | 0.65 | 0.60 | 0.94 | 0.33 |
| Profit before tax | 3.15 | 0.23 | 1.51 | 0.73 | 0.63 | (1.98) | (1.12) | (0.37) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 24.46 | 0.45 | 1.05 | 1.75 | 0.12 | 0.37 | 0.57 |
| Revenue growth | +5335.6% | -57.1% | -40.0% | +1358.3% | -67.6% | -35.1% | - |
| Other income | 7.53 | 1.37 | 0.05 | 0.02 | 0.13 | 0.08 | 0.05 |
| Total expenses | 26.48 | 3.48 | 2.09 | 6.98 | 1.52 | 1.47 | 1.23 |
| Employee cost | 0.00 | 0.22 | 0.31 | 0.65 | 0.43 | 0.39 | 0.45 |
| EBITDA | (2.02) | (3.03) | (1.04) | (5.23) | (1.40) | (1.10) | (0.66) |
| EBITDA margin | -8.3% | -673.3% | -99.1% | -298.9% | -1166.7% | -297.3% | -115.8% |
| Depreciation | 0.13 | 0.08 | 0.10 | 0.09 | 0.11 | 0.13 | 0.19 |
| Interest | 2.58 | 2.19 | 1.21 | 1.01 | 0.63 | 0.40 | 0.07 |
| Profit before tax | 2.80 | (3.93) | (2.30) | (6.31) | (2.01) | (1.55) | (0.87) |
| Tax | 0.00 | 0.00 | 0.00 | 3.30 | (0.39) | (0.16) | 0.39 |
| Net profit | 2.80 | (3.85) | (2.30) | (9.59) | (1.62) | (1.45) | (1.27) |
| Net profit margin | +11.5% | -855.6% | -219.1% | -548.0% | -1350.0% | -391.9% | -222.8% |
| EPS (₹) | 2.47 | (3.57) | (7.02) | (29.38) | (4.95) | (4.23) | (3.83) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.37 | 24.52 | 3.27 | 3.27 | 3.27 | 3.27 | 3.27 |
| Reserves & surplus | 411 | 82.81 | (26.41) | (24.09) | (14.49) | (12.87) | (11.49) |
| Shareholders' funds (net worth) | 437 | 109 | (23.14) | (20.82) | (11.22) | (9.60) | (8.22) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.66 |
| Unsecured loans | 80.84 | 35.81 | 26.78 | 25.12 | 22.13 | 17.84 | 0.00 |
| Total debt | 80.84 | 35.81 | 26.78 | 25.12 | 22.13 | 17.84 | 13.66 |
| Total liabilities | 520 | 145 | 3.79 | 4.39 | 10.99 | 8.30 | 5.47 |
| Assets | |||||||
| Gross block | 68.32 | 5.58 | 9.16 | 9.16 | 10.15 | 10.15 | 10.59 |
| Net block | 64.12 | 1.52 | 1.93 | 2.02 | 2.06 | 2.17 | 2.32 |
| Capital work in progress | 26.07 | 17.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 62.78 | 30.47 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.05 | 0.76 | 1.14 | 1.86 | 1.65 | 1.79 | 1.91 |
| Sundry debtors | 24.72 | 0.23 | 0.40 | 0.34 | 4.01 | 5.21 | 5.15 |
| Cash & bank balances | 171 | 38.76 | 0.26 | 0.19 | 0.14 | 0.13 | 0.10 |
| Loans & advances | 6.20 | 7.47 | 2.89 | 2.99 | 2.49 | 0.74 | 0.73 |
| Total current assets | 202 | 47.22 | 4.69 | 5.38 | 8.29 | 7.87 | 7.89 |
| Total current liabilities | 5.43 | 3.80 | 3.29 | 3.47 | 3.09 | 5.25 | 8.10 |
| Net working capital | 197 | 43.42 | 1.40 | 1.91 | 5.20 | 2.62 | (0.21) |
| Total assets | 520 | 145 | 3.79 | 4.39 | 10.99 | 8.30 | 5.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 38.76 | 0.71 | 0.19 | 0.14 | 0.13 | 0.10 | 0.21 |
| Net cash from operating activities | (20.43) | (9.27) | (0.41) | (1.82) | 0.62 | 0.33 | 0.15 |
| Net cash from investing activities | (280) | (69.00) | 0.03 | (0.12) | 0.02 | 0.10 | (0.19) |
| Net cash from financing activities | 371 | 116 | 0.45 | 1.98 | (0.62) | (0.40) | (0.07) |
| Net change in cash | 70.36 | 38.05 | 0.07 | 0.05 | 0.01 | 0.03 | (0.11) |
| Closing cash | 171 | 38.76 | 0.26 | 0.19 | 0.14 | 0.13 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5335.6% | -57.1% | -40.0% | +1358.3% | -67.6% | -35.1% | - |
| EBITDA growth | +33.3% | -191.4% | +80.1% | -273.6% | -27.3% | -66.7% | - |
| PBT growth | +9998.0% | -33.9% | +63.6% | -213.9% | -29.7% | -78.2% | -31.8% |
| Net income growth | +172.7% | -67.4% | +76.0% | -492.0% | -11.7% | -14.2% | - |
| Revenue CAGR (3Y) | +140.9% | +96.5% | +41.6% | +45.3% | +2.9% | +45.6% | -39.7% |
| EBITDA CAGR (3Y) | -27.9% | +37.3% | -1.9% | +99.4% | +37.4% | +18.6% | -21.0% |
| Profitability & leverage | |||||||
| Net income margin | +11.4% | -334.1% | -219.1% | -549.1% | -1350.0% | -375.7% | -221.1% |
| Return on capital employed | +1.6% | 0.0% | 0.0% | 0.0% | - | 0.0% | 0.0% |
| Return on net worth | +1.0% | 0.0% | 0.0% | 0.0% | - | 0.0% | 0.0% |
| Debt / equity | 0.21 | 0.73 | 0.00 | 0.00 | - | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 |
| Interest cover | -126.79 | -58.98 | -106.14 | -18.98 | -41.72 | -32.52 | -8.24 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.66 | 0.12 | 0.11 | 0.18 | - | 0.04 | 0.04 |
| Inventory turnover | 60.40 | 0.96 | 0.70 | 1.00 | - | 0.20 | 0.41 |
| Debtors turnover | 1.96 | 2.89 | 2.84 | 0.81 | - | 0.07 | 0.11 |
| EPS (₹) | 2.17 | (2.75) | (7.02) | (29.38) | (4.95) | (4.23) | (3.83) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 328.43 | 84.96 | (70.75) | (63.68) | (34.30) | (29.35) | (25.13) |
To see the full year-wise statements and ratios of Midwest Energy Limited, buy the company report.
Board of directors of Midwest Energy Limited
Midwest Energy has 8 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Kukreti Also directs: Deep Diya LLP, Garhwal Green Energy Private Limited, Green Charge Energy Private Limited and 5 more | Whole-Time Director | 15 Oct 2010 | 16 Years 0 Months | Current |
| Kothamasu Sri Surya Pratap | Director | 14 Nov 2022 | 3 Years 11 Months | Current |
| Satyanarayana Raju Baladari | Whole-Time Director | 18 Oct 2008 | 18 Years 0 Months | Current |
| Sasikanth Rao | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Rajyalakshmi Ankireddy | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
| Bhaskararao Gadipudi Also directs: Golden Lan Solution Private Limited | Director | 12 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Midwest Energy Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Midwest Energy Limitedthis company | ₹8.66 Cr (FY 2026) | -₹14.02 Cr | -161.9% | 1010.3% | Hyderabad, Telangana, India | |
| Province Developers Private Limited | ₹1.83 Cr (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Sushila Carbon & Chemicals Private Limited | ₹1.78 Cr (FY 2024) | 73.0% | Palamau, Jharkhand, India | |||
| Liddle Stone Mart Private Limited | ₹1.78 Cr (FY 2024) | 20.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Midwest Energy Limited, buy the company report.
Auditor
Midwest Energy Limited is audited by MAJETI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAJETI & CO | FY 2023 | 015975S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.40%, foreign institutional investors hold 12.60%, domestic institutional investors hold 1.60% and retail and other public shareholders hold 27.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.40% | 58.80% | 57.90% | 63.20% |
| Public | 41.60% | 41.20% | 42.10% | 36.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2026 | 101270261 | Canara Bank | ₹106.36 Cr | Open | |
| 20 Mar 2026 | 101270259 | Canara Bank | ₹106.36 Cr | Open | |
| 01 Sep 2025 | 101155720 | Canara Bank | ₹53.5 Cr | Open | |
| 01 Sep 2025 | 101156768 | Canara Bank | ₹53.5 Cr | Open | |
| 24 Jun 2025 | 101155808 | Hdfc Bank Limited | ₹18.45 Lakh | Open |
To see the full charge records of Midwest Energy Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Midwest Energy Limited has 22 court cases on record: 18 filed by Midwest Energy, 4 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 4 | 2 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against Maersk India Pvt.Ltd. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Union of India, and 2 Others and 2 others | Pending |
| High Court, TAMIL NADU | Court case (WVMP) | Filed against the company by The Government of Tamil Nadu and 1 other | Pending |
| High Court | Writ petition | Filed by the company against The State of Karnataka and 2 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka | Disposed |
To see the full case history of Midwest Energy Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midwest Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midwest Energy has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACN4898C1ZC | Telangana | Active | 01 Jul 2017 |
| 29AAACN4898C1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midwest Energy Limited, buy the company report.
Recent activity
Midwest Energy Limited has 33 board changes on record since 1990: 21 appointments and 12 cessations. The latest: Kukreti Soumya was appointed as Director on 27 Jun 2026.
39 earlier events are in the company report.
News
Frequently asked questions
Midwest Energy is an active public limited company based in Hyderabad, Telangana, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 20 November 1990 (36+ years old) and is registered under CIN L13200TG1990PLC163511. Listed on BSE: 526570.
Midwest Energy reported revenue of ₹8.66 Cr for FY 2025-26 (up 1010.3% YoY) based on consolidated financials.
Midwest Energy has 8 current directors:
- Deepak Kukreti - Whole-Time Director
- Satyanarayana Raju Baladari - Whole-Time Director
- Kothamasu Sri Surya Pratap - Director
- Sasikanth Rao - Director
- Rajyalakshmi Ankireddy - Director
- Bhaskararao Gadipudi - Director
- Somasekhar Reddy Bhimavarapu - Director
- Kukreti Soumya - Director
The latest financial statements of Midwest Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Midwest Energy is 36AAACN4898C1ZC, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACN4898C1Z7 (Karnataka).
The CIN (Corporate Identification Number) of Midwest Energy is L13200TG1990PLC163511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Midwest Energy is a listed company as per MCA records. Its shares are listed on BSE (code: 526570).
Midwest Energy has 22 court cases on record: 18 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Midwest Energy was incorporated on 20 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Midwest Energy by revenue are Province Developers Private Limited, Sushila Carbon & Chemicals Private Limited, Liddle Stone Mart Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Kukreti Soumya was appointed as Director on 27 Jun 2026. Palepu Ramakrishna Venkatachala was appointed as CFO on 11 Apr 2025. Somasekhar Reddy Bhimavarapu was appointed as Director on 10 Apr 2025. Midwest Energy has 33 board changes on record in total.