MIDINDIA
Mid India Industries financials
- Market cap
- ₹10 Cr
- Sector
- Textiles
What Mid India Industries Limited does
Mid India Industries Limited was originally set up as a textile manufacturer, and its registered office still sits in the 'Textile Mill Area' of Mandsaur, Madhya Pradesh, but the company's own filings confirm it is no longer engaged in any manufacturing activity. Its current business is trading in heavy plant machinery and spare parts, administered from a corporate office in Indore. The company runs a lean operation with no permanent employees other than its Key Managerial Personnel.
Segments
- Trading — heavy plant machinery & spare parts
- Manufacturing operations
- None — company has ceased manufacturing activities
- Primary active business
- Trading of heavy plant machinery and spare parts
- Office locations
- 2 (Registered office — Mandsaur, MP; Corporate office — Indore, MP)
- Employee strength
- No permanent employees; only Key Managerial Personnel retained
Quarterly results
Q1 FY27: revenue up 34.2%, net profit down 650.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 1 | 1 | 1 −15% | 3 +42% | 7 +406% | 2 +34% |
| EBITDA | 0 | 0 | -0 | 0 | -0 −300% | -0 −217% | 0 +367% | -0 −567% |
| Net profit | -0 | 0 | -0 | 0 | -0 +0% | -0 −250% | 0 +975% | -0 −650% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −27.3% 1Y
1Y: ₹8.53 on 10 Sept 2025 → ₹6.2. High ₹8.57 (12 Sept 2025), low ₹5.26 (30 Mar 2026).
Financials, as filed
Revenue grew 39.5% a year over 2 years, FY24 to FY26. Operating margin widened to 2.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹7 Cr | ₹6 Cr | ₹13 Cr |
| Operating profit | ₹-0 Cr | ₹-0 Cr | ₹0 Cr |
| Operating margin | -3.0% | -0.8% | 2.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-0 Cr | ₹-0 Cr | ₹0 Cr |
| Net margin | -6.4% | -1.9% | 2.3% |
| Cash from operations | ₹-1 Cr | ₹-0 Cr | ₹0 Cr |
| Free cash flow | ₹0 Cr | ₹-0 Cr | ₹0 Cr |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹-22 Cr | ₹-21 Cr | ₹-20 Cr | ₹-21 Cr | ₹-21 Cr | ₹-20 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹10 Cr | ₹13 Cr | ₹10 Cr | ₹9 Cr | ₹7 Cr | ₹8 Cr |
| Total liabilities | ₹5 Cr | ₹8 Cr | ₹6 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr |
| Fixed assets | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹3 Cr | ₹6 Cr | ₹4 Cr | ₹4 Cr | ₹2 Cr | ₹3 Cr |
| Total assets | ₹5 Cr | ₹8 Cr | ₹6 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025.
- Promoters
- 50.7%
- DIIs
- 0.3%
- Public
- 49.0%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Dec '23: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Mar '24: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Jun '24: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Sep '24: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Dec '24: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Mar '25: Promoters 50.9%, DIIs 0.3%, Public 48.8%.Jun '25: Promoters 50.7%, DIIs 0.3%, Public 49.0%.Sep '25: Promoters 50.7%, DIIs 0.3%, Public 49.0%.Dec '25: Promoters 50.7%, DIIs 0.3%, Public 49.0%.Mar '26: Promoters 50.7%, DIIs 0.3%, Public 49.0%.Jun '26: Promoters 50.7%, DIIs 0.3%, Public 49.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Pradeep Ganediwal +5.25 pp 19.78% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Mid India Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ranchod Prasad Laxmi Narayan Huf | 23.05% | unchanged |
| Pradeep Ganediwal | 19.78% | +5.25 pp |
| Pradyumn Ganediwal | 4.84% | unchanged |
| Indira Ganediwal | 1.84% | unchanged |
| Orbit Investments And Trading | 1.42% | unchanged |
| Ratasha Agarwal | 1.34% | unchanged |
| Girdhari Sagarmal Biyani | 1.31% | unchanged |
| Priti Ganediwal | 0.58% | unchanged |
| Late Ranchhod Prasad Ganediwal | 0.31% | −5.25 pp |
| Sushila Devi Ganediwal | 0.31% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Mid India Industries Limited
Guides on how to read this kind of business and the numbers that matter.