About Midwest Limited
Data last updated:
Midwest Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the other mining and quarrying segment of the mining sector. It was incorporated on 11 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L14102TG1981PLC003317. Its GSTIN is 36AAACM9486D1Z9 (Telangana). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.08 Cr. It is led by directors including Kollareddy Ramachandra (Whole-Time Director) and Uma Priyadarshini Kollareddy (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 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹643.14 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹133.3 Cr (net margin 20.7%) and EBITDA of ₹214.53 Cr (EBITDA margin 33.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 20% over five years.
The company has about 324 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹345.91 Cr and satisfied charges of ₹357.56 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 14 deals on record (12 secondary share transfers, 1 ipo, 1 market trade); the latest was in October 2025. Its 10 peer companies in the Manufacturing industry (Cables and Wires, Ceramics, Sanitaryware and Tiles) are compared by revenue, 5 larger and 5 smaller; the largest is R.E.Cables & Conductors Private Limited with revenue of ₹688.71 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midwestgranite.com.
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- Registered AddressLevel 19 Wing A Sky One Prestige Skytech, Financial District Nanakramguda, Hyderabad, Telangana, India – 500032
- IndustryMining, Other Mining & Quarrying
- 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
- One PDF report, delivered after checkout
Business Activity of Midwest Limited
The main business activity of Midwest is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Midwest Limited FY 2025 filings available
Midwest Limited reported revenue of ₹643.14 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midwest Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 7% growth in the latest year. EBITDA rose 27% 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 Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹214.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹133.3 Cr | •••• | •••• | •••• | •••• |
| 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 Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.7% | •••• | •••• | •••• | •••• |
| 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 are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Midwest Limited
Midwest Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires, Ceramics, Sanitaryware and Tiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.E.Cables & Conductors Private Limited | ₹688.71 Cr (FY 2016) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Orient Bell Limited Listed | ₹672.47 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Uttar Pradesh, India |
| Welspun Flooring Limited | ₹652.33 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Aditya Auto Products and Engineering (India) Pvt Ltd | ₹647.22 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Stellaris Specialities India Limited | ₹646.29 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Midwest Limited this company | ₹643.14 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Oswal Cables Ltd | ₹638.9 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Jaipur, Rajasthan, India |
| Bansal High Carbons Private Limited | ₹631.24 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Delhi, India |
| D P Wires Limited Listed | ₹629.83 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Ratlam, Madhya Pradesh, India |
| Vidya Metal Manufacturing Co Private Limited | ₹627.55 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Bonlon Industries Limited Listed | ₹623.41 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Midwest by revenue in the Manufacturing industry (Cables and Wires, Ceramics, Sanitaryware and Tiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Midwest Limited
Midwest has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kollareddy Ramachandra Also directs: Rubi Halten LLP, S.C.R. Agro Tech Private Limited, Andhra Pradesh Granite (Midwest) Private Limited and 5 more | Whole-Time Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Kukreti Soumya Also directs: Midwest Rare Earth Private Limited, Midwest Neostone Private Limited, Christian Michelsen Energy Private Limited and 5 more | Director | 26 Oct 2012 | 13 Years 11 Months | Current |
| Rana Som Also directs: Andhra Pradesh Granite (Midwest) Private Limited, Sumedha Fiscal Services Ltd, Bengal Birbhum Coalfields Limited and 5 more | Director | 19 Sep 2024 | 2 Years 0 Months | Current |
| Pavan Kumar Duvva | Director | 19 Sep 2024 | 2 Years 0 Months | Current |
| Smita Amol Lahoti Also directs: Z F Steering Gear (India) Limited | Director | 19 Sep 2024 | 2 Years 0 Months | Current |
| Uma Priyadarshini Kollareddy Also directs: Rubi Halten LLP, Highoctane Technologies Private Limited, Gigawatt X Mobility Private Limited and 2 more | Whole-Time Director | 01 Dec 2022 | 3 Years 10 Months | Current |
Charges & Borrowings of Midwest Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2026 | Hdfc Bank Limited | ₹3.96 Cr | Open |
| 25 Aug 2026 | Hdfc Bank Limited | ₹7.19 Cr | Open |
| 30 Jul 2026 | Axis Bank Limited | ₹2 Cr | Open |
| 16 Jul 2026 | Others | ₹4.5 Cr | Open |
| 22 May 2026 | Axis Bank Limited | ₹2.94 Cr | Open |
Total charge records: 219 View all charges
Deals & Funding of Midwest Limited
Midwest Limited has 14 deals on record (12 secondary share transfers, 1 ipo, 1 market trade); the latest was in October 2025.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹83.21 Cr | Buyer: Goldman Sachs Funds - Goldman Sachs India Equity Portfolio, Marwadi Chandarana Intermediaries Brokers Private Limited Seller: Marwadi Chandarana Intermediaries Brokers Private Limited |
| Oct 2025 | Secondary share transfer | Undisclosed | Buyer: SKEGEN Fund, Kotak ELSS Tax Saver Fund, Kotak MNC Fund Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Victorian Granites Private Limited Seller: an individual |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Victorian Granites Private Limited Seller: Reliance Granite Private Limited |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: Reliance Granite Private Limited Seller: an individual |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Midwest Limited
Midwest Limited has 2 court cases on record: 1 filed by Midwest, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by Beml Midwest Limited | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against Regional Labour Commissioner (Central) and Authority Under Minimum Wages Act 1948 | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Midwest Limited
Employment history and EPFO contributions of people linked to Midwest.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Midwest Limited
Midwest has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L14102TG1981PLC003317, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L14102TG1981PLC003317 | Current |
| U14102TG1981PTC003317 | Previous |
| U14102AP1981PTC003317 | Previous |
| U14102TG1981PLC003317 | Previous |
Recent Activity on Midwest Limited
Midwest Limited has 16 board changes on record since 2004: 7 appointments and 9 cessations. The latest: Kollareddy Ramachandra ceased to be Director on 26 Sep 2024.
436 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Midwest Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midwest Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midwest Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midwest Limited
Midwest has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACM9486D1Z9 | Telangana | Active | 01 Jul 2017 |
| 36AAACM9486D2Z8 | Telangana | Active | 28 May 2025 |
| 29AAACM9486D1Z4 | Karnataka | Active | 01 Jul 2017 |
| 37AAACM9486D1Z7 | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midwest Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Midwest Limited
Frequently Asked Questions about Midwest Limited
Midwest is an active public limited company based in Hyderabad, Telangana, India. The company works in other mining and quarrying, within the mining industry. It was incorporated on 11 December 1981 (45+ years old) and is registered under CIN L14102TG1981PLC003317.
Midwest reported revenue of ₹643.14 Cr for FY 2025 (up 7% YoY).
Midwest has 6 current directors:
- Kollareddy Ramachandra - Whole-Time Director
- Uma Priyadarshini Kollareddy - Whole-Time Director
- Kukreti Soumya - Director
- Rana Som - Director
- Pavan Kumar Duvva - Director
- Smita Amol Lahoti - Director
Midwest reported a net profit of ₹133.3 Cr (net margin 20.7%) and EBITDA of ₹214.53 Cr (EBITDA margin 33.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midwest is 6% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midwest is 36AAACM9486D1Z9, registered in Telangana. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAACM9486D2Z8 (Telangana), 29AAACM9486D1Z4 (Karnataka), 37AAACM9486D1Z7 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Midwest is L14102TG1981PLC003317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midwest has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the nclat.
Midwest was incorporated on 11 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Hyderabad.
Midwest has 14 deals on record (12 secondary share transfers, 1 ipo, 1 market trade); the latest was in October 2025.
The peers of Midwest by revenue are R.E.Cables & Conductors Private Limited, Orient Bell Limited, Welspun Flooring Limited, Aditya Auto Products and Engineering (India) Pvt Ltd, Stellaris Specialities India Limited and 5 more, all in the Manufacturing industry (Cables and Wires, Ceramics, Sanitaryware and Tiles).