About Midwest Limited
Data last updated: 10 December 2025
Midwest Limited is a public limited company based in Hyderabad, Telangana, India. It specialises in other mining and quarrying, a part of the broader mining sector. Incorporated on 11 December 1981, the company has been in operation for over 45 years.
Registered with ROC Hyderabad under CIN U14102TG1981PLC003317.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.08 Cr. It is led by directors including Kukreti Soumya and Kollareddy Uma Priyadarshini.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 8 – 2 – 684/3/25 & 26 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500032.
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.
The company has a workforce of approximately 324 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹389.13 Cr and satisfied charges of ₹285.53 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 midwestgranite.com.
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Registered Address8 – 2 – 684/3/25 & 26 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500032
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IndustryMining, Other Mining & Quarrying
- 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 Midwest Limited
Midwest Limited 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 |
Business Activity of Midwest Limited
Midwest Limited is engaged in the principal business activity of mining and quarrying, with detailed activities including 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 | ********* |
Auditor Details of Midwest Limited
Midwest Limited is audited by M S K A & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE 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 |
|---|---|---|
| M S K A & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Midwest Limited
Midwest Limited is currently managed by 9 directors, with 10 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 |
|---|---|---|---|---|
|
Kukreti Soumya
Also directs:
Midwest Limited, Midwest Neostone Private Limited, Christian Michelsen Energy Private Limited and 5 more
|
Whole-Time Director | 26 Oct 2012 | 13 Years 8 Months | Current |
| Kollareddy Uma Priyadarshini | Whole-Time Director | 01 Dec 2022 | 3 Years 7 Months | Current |
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Smita Amol Lahoti
Also directs:
Midwest Limited, Z F Steering Gear (India) Limited
|
Director | 19 Sep 2024 | 1 Years 9 Months | Current |
|
Rana Som
Also directs:
Midwest Limited, Andhra Pradesh Granite (Midwest) Private Limited, Sumedha Fiscal Services Ltd and 5 more
|
Director | 19 Sep 2024 | 1 Years 9 Months | Current |
| Kollareddy Ramachandra | Whole-Time Director | 01 Apr 2004 | 22 Years 3 Months | Current |
| Duvva Pavan Kumar | Director | 19 Sep 2024 | 1 Years 9 Months | Current |
Financials of Midwest Limited FY 2026 filings available
Midwest Limited reported revenue of ₹645.62 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹645.62 Cr |
| Other Income | ₹14.16 Cr |
| Total Income | ₹659.78 Cr |
| Cost of Materials Consumed | ₹17.6 Cr |
| Purchases of Stock-in-Trade | ₹1.58 Cr |
| Changes in Inventories | -₹9.84 Cr |
| Employee Benefit Expense | ₹56.87 Cr |
| Finance Costs | ₹13.78 Cr |
| Depreciation & Amortisation | ₹31.02 Cr |
| Other Expenses | ₹405.04 Cr |
| Total Expenses | ₹516.04 Cr |
| Profit Before Exceptional Items & Tax | ₹143.73 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹143.73 Cr |
| Total Tax Expense | ₹37.26 Cr |
| Net Profit | ₹106.48 Cr |
| attributable to Owners | ₹104.85 Cr |
| attributable to NCI | ₹1.63 Cr |
| Other Comprehensive Income | ₹8.72 Cr |
| Total Comprehensive Income | ₹115.19 Cr |
| EBITDA (computed) | ₹188.53 Cr |
| Basic EPS | ₹29.45 |
| Diluted EPS | ₹29.45 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹1,366.77 Cr |
| Non-current Assets | ₹768.96 Cr |
| Current Assets | ₹597.81 Cr |
| Property, Plant & Equipment | ₹386.26 Cr |
| Inventories | ₹43.46 Cr |
| Trade Receivables | ₹227.62 Cr |
| Cash & Equivalents | ₹63.37 Cr |
| Equity (Net Worth) | ₹978.52 Cr |
| Equity Share Capital | ₹18.08 Cr |
| Borrowings (Non-current) | ₹129.92 Cr |
| Borrowings (Current) | ₹41.9 Cr |
| Total Debt (computed) | ₹171.83 Cr |
| Current Liabilities | ₹218.55 Cr |
| Total Liabilities | ₹388.25 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹174.72 Cr |
| Investing Cash Flow | -₹275.71 Cr |
| Financing Cash Flow | ₹150.13 Cr |
| Capital Expenditure | ₹129.96 Cr |
| Free Cash Flow (computed) | ₹44.76 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹49.15 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹215.81 Cr | ₹128.86 Cr | ₹158.69 Cr |
| Other Income | ₹2.63 Cr | ₹5.27 Cr | ₹2.06 Cr |
| Total Income | ₹218.44 Cr | ₹134.12 Cr | ₹160.75 Cr |
| Cost of Materials Consumed | ₹4.9 Cr | ₹6.5 Cr | ₹3.44 Cr |
| Purchases of Stock-in-Trade | ₹57.1 Lakh | ₹17.9 Lakh | ₹36.6 Lakh |
| Changes in Inventories | -₹3.31 Cr | -₹7.14 Cr | ₹1.31 Cr |
| Employee Benefit Expense | ₹14.54 Cr | ₹16.39 Cr | ₹14.61 Cr |
| Finance Costs | ₹1.84 Cr | ₹4.69 Cr | ₹3.55 Cr |
| Depreciation & Amortisation | ₹8.4 Cr | ₹8.62 Cr | ₹7.4 Cr |
| Other Expenses | ₹140.78 Cr | ₹82.39 Cr | ₹92.43 Cr |
| Total Expenses | ₹167.71 Cr | ₹111.62 Cr | ₹123.11 Cr |
| Profit Before Exceptional Items & Tax | ₹50.73 Cr | ₹22.5 Cr | ₹37.64 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹50.73 Cr | ₹22.5 Cr | ₹37.64 Cr |
| Total Tax Expense | ₹13.7 Cr | ₹5.14 Cr | ₹9.93 Cr |
| Net Profit | ₹37.02 Cr | ₹17.36 Cr | ₹27.71 Cr |
| attributable to Owners | ₹35.56 Cr | ₹18.31 Cr | ₹27.78 Cr |
| attributable to NCI | ₹1.47 Cr | -₹94.5 Lakh | -₹6.6 Lakh |
| Other Comprehensive Income | ₹3.82 Cr | ₹1.38 Cr | ₹3.38 Cr |
| Total Comprehensive Income | ₹40.85 Cr | ₹18.74 Cr | ₹31.09 Cr |
| EBITDA (computed) | ₹60.96 Cr | ₹35.81 Cr | ₹48.59 Cr |
| Basic EPS | ₹10.24 | ₹4.87 | ₹8.19 |
| Diluted EPS | ₹10.24 | ₹4.87 | ₹8.19 |
| Segment · Q3 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Granite | ₹128.91 Cr | ₹31.43 Cr | ₹0 | ₹0 |
| Quartz | ₹43.7 Lakh | -₹2.97 Cr | ₹0 | ₹0 |
| Others | ₹0 | -₹26.1 Lakh | ₹0 | ₹0 |
| Elimination | -₹48.8 Lakh | -₹1.01 Cr | ₹0 | ₹0 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹421.77 Cr |
| Other Income | ₹16.99 Cr |
| Total Income | ₹438.76 Cr |
| Cost of Materials Consumed | ₹12.36 Cr |
| Purchases of Stock-in-Trade | ₹1.58 Cr |
| Changes in Inventories | -₹1.31 Cr |
| Employee Benefit Expense | ₹43.89 Cr |
| Finance Costs | ₹8.42 Cr |
| Depreciation & Amortisation | ₹19.03 Cr |
| Other Expenses | ₹223.25 Cr |
| Total Expenses | ₹307.21 Cr |
| Profit Before Exceptional Items & Tax | ₹131.55 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹131.55 Cr |
| Total Tax Expense | ₹33.92 Cr |
| Net Profit | ₹97.63 Cr |
| Other Comprehensive Income | -₹11.7 Lakh |
| Total Comprehensive Income | ₹97.51 Cr |
| EBITDA (computed) | ₹159 Cr |
| Basic EPS | ₹28.00 |
| Diluted EPS | ₹28.00 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹975.64 Cr |
| Non-current Assets | ₹526.51 Cr |
| Current Assets | ₹441.98 Cr |
| Property, Plant & Equipment | ₹241.47 Cr |
| Inventories | ₹24.16 Cr |
| Trade Receivables | ₹165.3 Cr |
| Cash & Equivalents | ₹44.86 Cr |
| Equity (Net Worth) | ₹819.77 Cr |
| Equity Share Capital | ₹18.08 Cr |
| Borrowings (Non-current) | ₹32.17 Cr |
| Borrowings (Current) | ₹18.76 Cr |
| Total Debt (computed) | ₹50.93 Cr |
| Current Liabilities | ₹106.55 Cr |
| Total Liabilities | ₹155.87 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹92.78 Cr |
| Investing Cash Flow | -₹228.97 Cr |
| Financing Cash Flow | ₹176.51 Cr |
| Capital Expenditure | ₹44.02 Cr |
| Free Cash Flow (computed) | ₹48.75 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹40.32 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹117.78 Cr | ₹103.04 Cr | ₹122.25 Cr |
| Other Income | ₹4.73 Cr | ₹5.98 Cr | ₹2.41 Cr |
| Total Income | ₹122.51 Cr | ₹109.03 Cr | ₹124.67 Cr |
| Cost of Materials Consumed | ₹3.2 Cr | ₹3.32 Cr | ₹3.07 Cr |
| Purchases of Stock-in-Trade | ₹57.1 Lakh | ₹17.9 Lakh | ₹36.6 Lakh |
| Changes in Inventories | -₹53.4 Lakh | -₹1.67 Cr | ₹1.65 Cr |
| Employee Benefit Expense | ₹11.65 Cr | ₹12.12 Cr | ₹11.66 Cr |
| Finance Costs | ₹1.13 Cr | ₹2.19 Cr | ₹2.6 Cr |
| Depreciation & Amortisation | ₹5.03 Cr | ₹4.86 Cr | ₹4.74 Cr |
| Other Expenses | ₹67.01 Cr | ₹48.88 Cr | ₹61.83 Cr |
| Total Expenses | ₹88.05 Cr | ₹69.88 Cr | ₹85.92 Cr |
| Profit Before Exceptional Items & Tax | ₹34.45 Cr | ₹39.15 Cr | ₹38.74 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹34.45 Cr | ₹39.15 Cr | ₹38.74 Cr |
| Total Tax Expense | ₹8.88 Cr | ₹10.27 Cr | ₹9.68 Cr |
| Net Profit | ₹25.57 Cr | ₹28.88 Cr | ₹29.06 Cr |
| Other Comprehensive Income | ₹5.5 Lakh | -₹67.8 Lakh | ₹25.3 Lakh |
| Total Comprehensive Income | ₹25.63 Cr | ₹28.2 Cr | ₹29.32 Cr |
| EBITDA (computed) | ₹40.61 Cr | ₹46.19 Cr | ₹46.08 Cr |
| Basic EPS | ₹7.07 | ₹8.09 | ₹8.60 |
| Diluted EPS | ₹7.07 | ₹8.09 | ₹8.60 |
Board & Governance of Midwest Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Midwest Limited has 6 directors - 3 independent and 3 executive. The board is chaired by Rana Som.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Rana Som | Non-Executive - Independent Director · Chairperson | 2024-09-19 | 2 |
| Duvva Pavan Kumar | Non-Executive - Independent Director | 2024-09-19 | 1 |
| Smita Amol Lahoti | Non-Executive - Independent Director | 2024-09-19 | 2 |
| Kollareddy Ramachandra | Executive Director | 2004-04-01 | 1 |
| Kukreti Soumya | Executive Director | 2012-10-26 | 1 |
| Uma Priyadarshani Kollareddy | Executive Director | 2022-12-01 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Smita Amol Lahoti (Chairperson), Rana Som, Duvva Pavan Kumar |
| Nomination and remuneration committee | Duvva Pavan Kumar (Chairperson), Rana Som, Smita Amol Lahoti |
| Stakeholders Relationship Committee | Rana Som (Chairperson), Kukreti Soumya, Uma Priyadarshani Kollareddy |
| Risk Management Committee | Duvva Pavan Kumar (Chairperson), Kollareddy Ramachandra, Rana Som, Smita Amol Lahoti |
| Corporate Social Responsibility Committee | Smita Amol Lahoti (Chairperson), Kollareddy Ramachandra, Kukreti Soumya, Uma Priyadarshani Kollareddy |
| IPO Committee | Kollareddy Ramachandra (Chairperson), Kukreti Soumya, Uma Priyadarshani Kollareddy |
| Independent Director Committee | Rana Som (Chairperson), Smita Amol Lahoti, Duvva Pavan Kumar |
Charges & Borrowings of Midwest Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2025 | Hdfc Bank Limited | ₹17 Cr | Open |
| 30 Sep 2025 | The South Indian Bank Limited | ₹24.9 Lakh | Open |
| 29 Sep 2025 | Hdfc Bank Limited | ₹38.67 Lakh | Open |
| 22 Sep 2025 | Hdfc Bank Limited | ₹1.72 Cr | Open |
| 10 Jul 2025 | Hdfc Bank Limited | ₹59.69 Lakh | Open |
Total charge records: 208 View all charges
Employees and EPFO Compliance at Midwest Limited
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Employee Count & EPFO Data of Midwest Limited
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GST Compliance of Midwest Limited
GSTIN & GST Filing Data of Midwest Limited
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Credit Ratings, Litigation & Regulatory Alerts for Midwest Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Midwest Limited
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MSME Payment Delays by Midwest Limited
MSME Payment Delays by Midwest Limited
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Subsidiaries & Group Companies of Midwest Limited
Subsidiaries & Group Companies of Midwest Limited
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MCA Filings & Documents of Midwest Limited
MCA Filings & Documents of Midwest Limited
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Recent Activity on Midwest Limited
Frequently Asked Questions about Midwest Limited
Midwest Limited is an active public limited company in the mining sector based in Hyderabad, Telangana, India. It was incorporated on 11 December 1981 (45+ years old) and is registered under CIN L14102TG1981PLC003317. The company has 324 employees.
Midwest Limited reported revenue of ₹643.14 Cr for FY 2025 (up 7.00% YoY).
The current directors of Midwest Limited are:
- Kukreti Soumya
- Kollareddy Uma Priyadarshini
- Smita Amol Lahoti
- Rana Som
- Kollareddy Ramachandra
- Duvva Pavan Kumar
- Kollareddy Ramachandra
- Dilip Kumar Chalasani
- Rohit Tibrewal
The primary industry of Midwest Limited is mining. The company specifically operates in other mining and quarrying. The company is currently active in this sector.
Midwest Limited can be reached at the registered office: 8 – 2 – 684325 & 26 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500032, or through the website midwestgranite.com.
The authorised capital is ₹25 Cr, and the paid-up capital is ₹18.08 Cr.