About Mid India Industries Limited
Data last updated:
Mid India Industries Limited is a public limited company based in Mandsaur, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L17124MP1991PLC006324. Its GSTIN is 23AABCM3346F1ZW (Madhya Pradesh). It is a listed company as per MCA records. Its shares are listed on BSE: 500277.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹16.3 Cr. It was formerly known as Mid India Spinning Limited. It is led by directors including Sanjay Singh (Managing Director) and Bhawani Shankar Soni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Textile Mill Area Station Road, Mandsaur, Madhya Pradesh, India – 458001.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹13.12 Cr, a growth of 107.6% compared to the previous year. For the same year it recorded a net profit of ₹30 Lakh (net margin 2.3%) and EBITDA of ₹28 Lakh (EBITDA margin 2.1%).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Mid India Industries. As per MCA filings, the company has satisfied charges of ₹51.02 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 1 case is pending. The company has 2 deals on record (2 market trades); the latest was in March 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midindiaindustries.com.
Company details
CIN history
Mid India Industries has one previous CIN (Corporate Identification Number): U17124MP1991PLC006324. The current CIN is L17124MP1991PLC006324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17124MP1991PLC006324 | Current |
| U17124MP1991PLC006324 | Previous |
Contact details
Mid India Industries Limited's registered office is in Mandsaur, Madhya Pradesh. Its website is midindiaindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTextile Mill Area Station Road, Mandsaur, Madhya Pradesh, India – 458001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mid India Industries 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
Mid India Industries operates one associated brand: Mid India Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cotton and synthetic yarns are manufactured by the company. | midindiaindustries.com |
Business activity
The main business activity of Mid India Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mid India Industries Limited, buy the company report.
Financials of Mid India Industries Limited
FY 2025-26 filings availableMid India Industries Limited reported revenue of ₹13.12 Cr (up 107.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| 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 | 13.12 | 6.32 | 6.73 | 14.68 | 18.98 | 1.65 | 8.48 |
| Revenue growth | +107.6% | -6.1% | -54.2% | -22.7% | +1050.3% | -80.5% | - |
| EBITDA | 0.28 | (0.06) | (0.36) | 0.78 | 0.93 | 0.00 | 0.18 |
| EBITDA margin | +2.1% | -1.0% | -5.4% | +5.3% | +4.9% | 0.0% | +2.1% |
| Profit before tax | 0.34 | (0.13) | (0.40) | 0.58 | 0.78 | (0.24) | (0.04) |
| Net profit | 0.30 | (0.03) | (0.43) | 0.81 | 0.51 | (0.25) | (0.04) |
| Net profit margin | +2.3% | -0.5% | -6.4% | +5.5% | +2.7% | -15.2% | -0.5% |
| EPS (₹) | 0.18 | (0.07) | (0.26) | 0.28 | 0.32 | (0.15) | (0.02) |
| Balance sheet | |||||||
| Total assets | (4.15) | (4.46) | (4.35) | (4.02) | (4.74) | (5.25) | (5.00) |
| Net worth | (4.18) | (4.50) | (4.38) | (4.08) | (4.78) | (5.29) | (5.04) |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.12 | 0.05 | 0.20 | 0.09 | 0.12 | 0.03 | 0.04 |
| Net working capital | (4.45) | (4.76) | (5.04) | (5.55) | (6.33) | (7.39) | (7.40) |
| Cash flow | |||||||
| Cash from operations | 0.08 | (0.16) | (0.58) | (0.03) | (0.09) | 0.03 | (0.08) |
| Cash from investing | (0.01) | 0.00 | 0.70 | (0.01) | 0.18 | (0.04) | (0.02) |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.00 | 6.93 | 3.38 | 1.31 | 1.49 | 1.37 | 2.38 | 1.55 |
| Revenue growth (YoY) | +34.2% | +405.8% | +42.0% | -15.5% | +46.1% | - | - | - |
| Other income | 0.04 | 0.08 | 0.02 | 0.02 | 0.00 | 0.09 | 0.00 | 0.00 |
| Total expenses | 2.15 | 6.61 | 3.45 | 1.32 | 1.46 | 1.50 | 2.32 | 1.54 |
| EBITDA | (0.15) | 0.32 | (0.07) | (0.01) | 0.03 | (0.13) | 0.06 | 0.01 |
| EBITDA margin | -7.5% | +4.6% | -2.1% | -0.8% | +2.0% | -9.5% | +2.5% | +0.6% |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.11) | 0.39 | (0.06) | 0.00 | 0.02 | (0.06) | 0.04 | (0.01) |
| Tax | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.00 | 6.93 | 3.38 | 1.31 | 1.49 | 1.37 | 2.38 | 1.55 |
| Revenue growth (YoY) | +34.2% | +405.8% | +42.0% | -15.5% | +46.1% | - | - | - |
| Other income | 0.04 | 0.08 | 0.02 | 0.02 | 0.00 | 0.09 | 0.00 | 0.00 |
| Total expenses | 2.15 | 6.61 | 3.45 | 1.32 | 1.46 | 1.50 | 2.32 | 1.54 |
| EBITDA | (0.15) | 0.32 | (0.07) | (0.01) | 0.03 | (0.13) | 0.06 | 0.01 |
| EBITDA margin | -7.5% | +4.6% | -2.1% | -0.8% | +2.0% | -9.5% | +2.5% | +0.6% |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.11) | 0.39 | (0.06) | 0.00 | 0.02 | (0.06) | 0.04 | (0.01) |
| Tax | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | (0.01) | 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 | 13.12 | 6.32 | 6.73 | 14.68 | 18.98 | 1.65 | 8.48 |
| Revenue growth | +107.6% | -6.1% | -54.2% | -22.7% | +1050.3% | -80.5% | - |
| Other income | 0.11 | 0.00 | 0.16 | 0.02 | 0.04 | 0.02 | 0.03 |
| Total expenses | 12.84 | 6.38 | 7.09 | 13.90 | 18.05 | 1.65 | 8.30 |
| Employee cost | 0.18 | 0.16 | 0.23 | 0.16 | 0.11 | 0.14 | 0.15 |
| EBITDA | 0.28 | (0.06) | (0.36) | 0.78 | 0.93 | 0.00 | 0.18 |
| EBITDA margin | +2.1% | -1.0% | -5.4% | +5.3% | +4.9% | 0.0% | +2.1% |
| Depreciation | 0.05 | 0.07 | 0.20 | 0.22 | 0.19 | 0.26 | 0.25 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.34 | (0.13) | (0.40) | 0.58 | 0.78 | (0.24) | (0.04) |
| Tax | 0.04 | (0.01) | 0.03 | 0.13 | 0.27 | 0.00 | 0.00 |
| Net profit | 0.30 | (0.03) | (0.43) | 0.81 | 0.51 | (0.25) | (0.04) |
| Net profit margin | +2.3% | -0.5% | -6.4% | +5.5% | +2.7% | -15.2% | -0.5% |
| EPS (₹) | 0.18 | (0.07) | (0.26) | 0.28 | 0.32 | (0.15) | (0.02) |
| 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 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 |
| Reserves & surplus | (20.48) | (20.80) | (20.68) | (20.38) | (21.08) | (21.59) | (21.34) |
| Shareholders' funds (net worth) | (4.18) | (4.50) | (4.38) | (4.08) | (4.78) | (5.29) | (5.04) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | (4.15) | (4.46) | (4.35) | (4.02) | (4.74) | (5.25) | (5.00) |
| Assets | |||||||
| Gross block | 4.46 | 4.45 | 4.59 | 22.28 | 22.27 | 22.27 | 22.49 |
| Net block | 0.28 | 0.32 | 0.49 | 1.23 | 1.45 | 1.63 | 1.90 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.13 |
| Inventories | 0.03 | 0.02 | 0.02 | 0.21 | 1.10 | 0.00 | 0.00 |
| Sundry debtors | 1.06 | 0.16 | 2.74 | 2.40 | 3.79 | 2.58 | 5.24 |
| Cash & bank balances | 0.12 | 0.05 | 0.20 | 0.09 | 0.12 | 0.03 | 0.04 |
| Loans & advances | 1.84 | 0.98 | 0.60 | 1.31 | 1.17 | 0.09 | 0.12 |
| Total current assets | 3.05 | 1.21 | 3.56 | 4.01 | 6.18 | 2.70 | 5.40 |
| Total current liabilities | 7.50 | 5.97 | 8.60 | 9.56 | 12.51 | 10.09 | 12.80 |
| Net working capital | (4.45) | (4.76) | (5.04) | (5.55) | (6.33) | (7.39) | (7.40) |
| Total assets | (4.15) | (4.46) | (4.35) | (4.02) | (4.74) | (5.25) | (5.00) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.05 | 0.20 | 0.09 | 0.12 | 0.03 | 0.04 | 0.13 |
| Net cash from operating activities | 0.08 | (0.16) | (0.58) | (0.03) | (0.09) | 0.03 | (0.08) |
| Net cash from investing activities | (0.01) | 0.00 | 0.70 | (0.01) | 0.18 | (0.04) | (0.02) |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.07 | (0.16) | 0.12 | (0.04) | 0.09 | (0.01) | (0.10) |
| Closing cash | 0.12 | 0.05 | 0.20 | 0.09 | 0.12 | 0.03 | 0.04 |
| 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 | +107.6% | -6.1% | -54.2% | -22.7% | +1050.3% | -80.5% | - |
| EBITDA growth | +566.7% | +83.3% | -146.2% | -16.1% | - | -100.0% | - |
| PBT growth | +9998.0% | +67.5% | - | -25.6% | +9998.0% | -500.0% | +98.4% |
| Net income growth | +1100.0% | +93.0% | -153.1% | +58.8% | +304.0% | -525.0% | - |
| Revenue CAGR (3Y) | -3.7% | -30.7% | +59.8% | +20.1% | -3.7% | -58.3% | -30.7% |
| EBITDA CAGR (3Y) | -28.9% | - | - | +63.0% | - | -100.0% | - |
| Profitability & leverage | |||||||
| Net income margin | +2.3% | -1.9% | -6.4% | +3.1% | +2.7% | -14.6% | -0.5% |
| Return on capital employed | +5.7% | 0.0% | 0.0% | +6.3% | +14.2% | 0.0% | 0.0% |
| Return on net worth | +5.1% | 0.0% | 0.0% | +5.0% | +9.4% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.95 | 1.40 | 0.50 | 0.66 | 0.85 | 0.07 | 0.38 |
| Inventory turnover | 524.80 | 316.00 | 58.52 | 22.41 | 34.51 | 0.00 | 0.00 |
| Debtors turnover | 21.51 | 4.36 | 2.62 | 4.74 | 5.96 | 0.42 | 2.23 |
| EPS (₹) | 0.18 | (0.07) | (0.26) | 0.28 | 0.32 | (0.15) | (0.02) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (2.57) | (2.76) | (2.69) | (2.51) | (2.93) | (3.25) | (3.09) |
To see the full year-wise statements and ratios of Mid India Industries Limited, buy the company report.
Board of directors of Mid India Industries Limited
Mid India Industries has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Singh | Managing Director | 28 Sep 2015 | 11 Years 1 Months | Current |
| Bhawani Shankar Soni Also directs: Trizon Developers Private Limited | Whole-Time Director | 24 May 2019 | 7 Years 5 Months | Current |
| Dhawal Bagmar Also directs: Ad- Manum Finance Limited, Available Finance Limited | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Awani Kothari Also directs: Econ Antri Limited | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
| Bhushan Tambe Also directs: Econ Antri Limited | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Mid India Industries Limited is audited by ATM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATM & ASSOCIATES | FY 2023 | 017397C |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 50.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 49.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 50.70% | 50.70% | 50.70% | 50.70% |
| Public | 49.30% | 49.30% | 49.30% | 49.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 1998 | 80041647 | Dena Bank | ₹1.5 Cr | Satisfied | |
| 04 Jun 1998 | 80041650 | Dena Bank | ₹7 Cr | Satisfied | |
| 10 Jul 1997 | 80041643 | Dena Bank | ₹25 Lakh | Satisfied | |
| 10 Jul 1997 | 80041644 | Dena Bank | ₹8.4 Cr | Satisfied | |
| 10 Jul 1997 | 80041645 | Dena Bank | ₹2.74 Cr | Satisfied |
To see the full charge records of Mid India Industries Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Mid India Industries Limited has 2 deals on record (2 market trades); the latest was in March 2025.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹12.8 Lakh | Buyer: an individual Seller: Himmat Finlease Pvt Ltd |
| Jul 2008 | Market trade | ₹5.3 Lakh | Buyer: Alken Management And Financial S |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mid India Industries Limited has 14 court cases on record: 5 filed by Mid India Industries, 9 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 1 |
| High courts | 5 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by Shailendra Cotton Company Pvt.Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Shailendra Cotton Co.Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (OJA) | Filed against the company by Motorol India Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Motorol India Ltd | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (MJC SUC) | Filed against the company by individuals | Pending |
To see the full case history of Mid India Industries 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
Mid India Industries Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mid India Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mid India Industries Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mid India Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM3346F1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mid India Industries Limited, buy the company report.
Recent activity
Mid India Industries Limited has 26 board changes on record since 1991: 16 appointments and 10 cessations. The latest: Manish Joshi was appointed as Company Secretary on 17 May 2025.
37 earlier events are in the company report.
News
Frequently asked questions
Mid India Industries is an active public limited company based in Mandsaur, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 March 1991 (35+ years old) and is registered under CIN L17124MP1991PLC006324. Listed on BSE: 500277.
Mid India Industries reported revenue of ₹13.12 Cr for FY 2025-26 (up 107.6% YoY) based on standalone financials.
Mid India Industries has 5 current directors:
- Sanjay Singh - Managing Director
- Bhawani Shankar Soni - Whole-Time Director
- Dhawal Bagmar - Director
- Awani Kothari - Director
- Bhushan Tambe - Director
The latest financial statements of Mid India Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mid India Industries is 23AABCM3346F1ZW, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mid India Industries is L17124MP1991PLC006324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mid India Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 500277).
Mid India Industries has 14 court cases on record: 5 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Mid India Industries was incorporated on 19 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Gwalior.
Mid India Industries has 2 deals on record (2 market trades); the latest was in March 2025.
Manish Joshi was appointed as Company Secretary on 17 May 2025. Shailendra Kumar Agrawal ceased to be Company Secretary on 15 Mar 2025. Deepika Gandhi ceased to be Director on 13 Nov 2024. Mid India Industries has 26 board changes on record in total.
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