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Mid India Inds.

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE401C01018
  • NSEID: MIDINDIA
  • BSEID: 500277
INR
8.17
-0.06 (-0.73%)
BSENSE

Apr 11, 12:48 PM

BSE+NSE Vol: 497

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

8.118.67

52 Week

6.6614.37
Valuation
Technical
Day's Volume

CASH

497 (-74.61%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.25%

Held by 0 DIIs

Promoter

50.92%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -2.55% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Stock is technically in a Mildly Bearish range

3

Risky - Negative EBITDA

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 13 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.05

stock-summary
Return on Equity

6.16%

stock-summary
Price to Book

-3.06

Revenue and Profits (1 Year):
Net Sales:
2 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-14.9%
0%
-14.9%
1 Year
12.23%
0%
12.23%
2 Years
-34.74%
0%
-34.74%
3 Years
-31.92%
0%
-31.92%
4 Years
133.43%
0%
133.43%
5 Years
751.04%
0%
751.04%

Mid India Inds. for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-2.55%
EBIT Growth (5y)
10.67%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.25%
ROCE (avg)
16.62%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
-3.06
EV to EBIT
-13.21
EV to EBITDA
-13.21
EV to Capital Employed
-2.89
EV to Sales
2.07
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Ranchod Prasad Laxmi Narayan Huf (23.05%)

Highest Public shareholder

Himmat Finlease Private Limited (1.37%)

Individual Investors Holdings

39.1%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 53.55% vs 51.96% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 500.00% vs 90.91% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.38",
          "val2": "1.55",
          "chgp": "53.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.06",
          "val2": "0.01",
          "chgp": "500.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.04",
          "val2": "-0.01",
          "chgp": "500.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.52%",
          "val2": "0.65%",
          "chgp": "1.87%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -50.29% vs -42.30% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -71.43% vs -114.29% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.57",
          "val2": "5.17",
          "chgp": "-50.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.00",
          "val2": "0.17",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.14",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.12",
          "val2": "-0.07",
          "chgp": "-71.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "3.29%",
          "chgp": "-3.29%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -6.95% vs -50.92% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 65.22% vs -136.51% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4.95",
          "val2": "5.32",
          "chgp": "-6.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.06",
          "val2": "0.07",
          "chgp": "-14.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.15",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.08",
          "val2": "-0.23",
          "chgp": "65.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.21%",
          "val2": "1.32%",
          "chgp": "-0.11%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -54.16% vs -22.66% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -193.33% vs -13.46% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
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          "val2": "14.68",
          "chgp": "-54.16%",
          "chgp_class": "negative"
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.21",
          "val2": "1.25",
          "chgp": "-116.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.15",
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          "chgp": "67.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.42",
          "val2": "0.45",
          "chgp": "-193.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3.12%",
          "val2": "8.51%",
          "chgp": "-11.63%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
2.38
1.55
53.55%
Operating Profit (PBDIT) excl Other Income
0.06
0.01
500.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.04
-0.01
500.00%
Operating Profit Margin (Excl OI)
2.52%
0.65%
1.87%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 53.55% vs 51.96% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 500.00% vs 90.91% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2.57
5.17
-50.29%
Operating Profit (PBDIT) excl Other Income
-0.00
0.17
-100.00%
Interest
0.00
0.00
Exceptional Items
0.00
-0.14
100.00%
Standalone Net Profit
-0.12
-0.07
-71.43%
Operating Profit Margin (Excl OI)
0.00%
3.29%
-3.29%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -50.29% vs -42.30% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -71.43% vs -114.29% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
4.95
5.32
-6.95%
Operating Profit (PBDIT) excl Other Income
0.06
0.07
-14.29%
Interest
0.00
0.00
Exceptional Items
0.00
-0.15
100.00%
Standalone Net Profit
-0.08
-0.23
65.22%
Operating Profit Margin (Excl OI)
1.21%
1.32%
-0.11%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -6.95% vs -50.92% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 65.22% vs -136.51% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
6.73
14.68
-54.16%
Operating Profit (PBDIT) excl Other Income
-0.21
1.25
-116.80%
Interest
0.00
0.00
Exceptional Items
-0.15
-0.46
67.39%
Standalone Net Profit
-0.42
0.45
-193.33%
Operating Profit Margin (Excl OI)
-3.12%
8.51%
-11.63%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -54.16% vs -22.66% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -193.33% vs -13.46% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Mid India Industries Ltd stock-summary
stock-summary
Mid India Industries Ltd
Micro Cap
Textile
Mid India Industries Ltd (Erstwhile known Mid India Spinning Company Limited) was incorporated as Public Limited Company in March, 1991. Its name was changed to the present one in Feb.'95. The Company is engaged in manufacturing of cotton textiles, yarn, fabrics & other textile products. MIIL is a 100% export-oriented spinning unit, mainly promoted by R P Ganediwal and Others. The company's unit is located in Mandsaur, a rich cotton-growing area in Madhya Pradesh. It went public in Mar.
Company Coordinates stock-summary
Company Details
Textile Mill Area , Mandsaur Madhya Pradesh : 458001
stock-summary
Tel: 91-07422-234999/405139
stock-summary
http://www.midindiaindustries.com
stock-summary
csmidindia@gmail.com
Registrar Details
Ankit Consultancy Pvt Ltd, Plot No 60, Electronic Complex, Pardeshipura, Indore
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