About Midwest Neostone Private Limited
Data last updated:
Midwest Neostone Private Limited is a private limited company based in Ongole, Andhra Pradesh, India, a subsidiary of Midwest Granite Pvt Ltd. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U26990AP2017PTC104823. Its GSTIN is 37AAKCM7686H1ZR (Andhra Pradesh).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.71 Cr. It is led by directors including Kukreti Soumya and Ranganayakamma Kollareddy.
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 D.No.35 – 065 – 138 Mangamuru Road South By – Pass Road Behind Y.S.R. Congress Party Office, Ongole, Andhra Pradesh, India – 523002.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.12 Lakh. For the same year it recorded a net loss of ₹16.7 Lakh (net margin -405.3%) and EBITDA of -₹13.56 Lakh (EBITDA margin -329.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 230% over five years.
As per MCA filings, the company has open charges of ₹110 Cr on record. The company has 3 deals on record (2 acquisitions, 1 rights issue); the latest was in June 2019. Its 10 peer companies in the Metals and Minerals industry (Other Minerals) are compared by revenue, 5 larger and 5 smaller; the largest is GL Steel and Power Limited with revenue of ₹4.48 Lakh.
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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- Website
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- Registered AddressD.No.35 – 065 – 138 Mangamuru Road South By – Pass Road Behind Y.S.R. Congress Party Office, Ongole, Andhra Pradesh, India – 523002
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
- 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 Neostone Private Limited
The main business activity of Midwest Neostone is mining and quarrying. In detail, this covers other mining and quarrying.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | 08 | Other mining and quarrying | 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 Neostone Private Limited FY 2025 filings available
Midwest Neostone Private Limited reported revenue of ₹4.12 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midwest Neostone Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 230% over five years. EBITDA rose 55% 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 Neostone Private 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 | -₹13.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.7 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 Neostone Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -329.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -405.3% | •••• | •••• | •••• | •••• |
| 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 Neostone are in the company report.
Financial statements from FY 2017
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 Neostone Private Limited
Midwest Neostone Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GL Steel and Power Limited | ₹4.48 Lakh (FY 2017) | •••• | •••• | -14.0% | •••• | Gandhidham, Gujarat, India |
| Sri Vidya Mineral Processors Private Limited | ₹4.44 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Leuco Microns Private Limited | ₹4.39 Lakh (FY 2025) | •••• | •••• | 229.0% | •••• | Morbi, Gujarat, India |
| Kashi Fuel Products Pvt. Ltd. | ₹4.35 Lakh (FY 2024) | •••• | •••• | 77.0% | •••• | Kolkata, West Bengal, India |
| SPJ Steel and Minerals Limited | ₹4.2 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Midwest Neostone Private Limited this company | ₹4.12 Lakh (FY 2025) | •••• | •••• | •••• | Ongole, Andhra Pradesh, India | |
| Carlos Metals Private Limited | ₹4.11 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| SKLN Minerva Associates Private Limited | ₹4.06 Lakh (FY 2016) | •••• | •••• | 44.0% | •••• | Nagpur, Maharashtra, India |
| K. R. Microns Private Limited | ₹4 Lakh (FY 2024) | •••• | •••• | -97.0% | •••• | Rajsamand, Rajasthan, India |
| HRS Minerals (India) Private Limited | ₹4 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Mysore, Karnataka, India |
| Khosla Metal Powders Pvt Ltd | ₹3.77 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Midwest Neostone by revenue in the Metals and Minerals industry (Other Minerals), 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 Neostone Private Limited
Midwest Neostone Private Limited is audited by B SRINIVASA RAO & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B SRINIVASA RAO & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Midwest Neostone Private Limited
Midwest Neostone has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kukreti Soumya Also directs: Midwest Green Marine Private Limited, Midwest Limited, Midwest Rare Earth Private Limited and 5 more | Director | 10 Dec 2021 | 4 Years 10 Months | Current |
| Ranganayakamma Kollareddy Also directs: Midwest Altira Private Limited, Midwest Green Marine Private Limited, Gigawatt X Mobility Private Limited and 1 more | Director | 01 Sep 2017 | 9 Years 1 Months | Current |
| Kollareddy Ramachandra | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
Ownership and Shareholding of Midwest Neostone Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midwest Neostone Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2024 | Hdfc Bank Limited | ₹110 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Midwest Neostone Private Limited
Midwest Neostone Private Limited has 3 deals on record (2 acquisitions, 1 rights issue); the latest was in June 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Rights issue | ₹46 Lakh | Investors: Midwest Limited |
| May 2017 | Acquisition | ₹8.14 Cr | Buyer: Midwest Limited |
| Mar 2017 | Acquisition | ₹10 Lakh | Buyer: Midwest Limited |
Full deal history
All 3 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.
Employees and EPFO Compliance at Midwest Neostone Private Limited
Employment history and EPFO contributions of people linked to Midwest Neostone.
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.
Recent Activity on Midwest Neostone Private Limited
Midwest Neostone Private Limited has 7 board changes on record since 2017: 5 appointments and 2 cessations. The latest: Kukreti Soumya was appointed as Director on 10 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Midwest Neostone Private 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 Neostone Private 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 Neostone Private 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 Neostone Private Limited
Midwest Neostone has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAKCM7686H1ZR | Andhra Pradesh | Active | 30 Nov 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 Neostone Private 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 Neostone Private Limited
Frequently Asked Questions about Midwest Neostone Private Limited
Midwest Neostone is an active private limited company based in Ongole, Andhra Pradesh, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U26990AP2017PTC104823.
Midwest Neostone reported revenue of ₹4.12 Lakh for FY 2025.
Midwest Neostone has 3 current directors:
- Kukreti Soumya - Director
- Ranganayakamma Kollareddy - Director
- Kollareddy Ramachandra - Director
Midwest Neostone reported a net loss of ₹16.7 Lakh (net margin -405.3%) and EBITDA of -₹13.56 Lakh (EBITDA margin -329.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midwest Neostone is -14% over three years and 230% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midwest Neostone is 37AAKCM7686H1ZR, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Midwest Neostone is U26990AP2017PTC104823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midwest Neostone was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Midwest Neostone has 3 deals on record (2 acquisitions, 1 rights issue); the latest was in June 2019.
The peers of Midwest Neostone by revenue are GL Steel and Power Limited, Sri Vidya Mineral Processors Private Limited, Leuco Microns Private Limited, Kashi Fuel Products Pvt. Ltd, SPJ Steel and Minerals Limited and 5 more, all in the Metals and Minerals industry (Other Minerals).
Kukreti Soumya was appointed as Director on 10 Dec 2021. Rajasekhar Reddy Malireddy ceased to be Director on 01 Mar 2021. Rajasekhar Reddy Malireddy was appointed as Director on 07 Jan 2019. Midwest Neostone has 7 board changes on record in total.