REMAGNET share price & results
- Jun 2026
- Sept 2026
Hyderabad holding company, formerly in granite, now holds a 97.40% stake in Midwest Energy Pvt Ltd.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4.6 | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Operating margin | 18.8 | +573.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 3.2 | +400.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | -4.62 | +2.4 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | Trailing twelve months | TTM to Jun 2026 | Not in the analysed materials. No older figure is substituted. |
Price
Performance −87.5% 1Y
1Y: ₹2,070.15 on 24 Oct 2025 → ₹259. High ₹5,710.1 (2 Feb 2026), low ₹246.25 (26 Oct 2026).
- Previous close
- ₹246.25
- Market cap
- ₹5.9k Cr
- 52-week range
- ₹246.25 – ₹5,710.1
- One year
- −87.73%
- Return on equity (TTM to Jun 2026)
- -4.62%
Overview
- Symbol
- NSE:REMAGNET
- Sector
- Construction Materials
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What REMAGNET does
Based on the company's own presentations, annual report and earnings calls.
Midwest Gold Limited, incorporated in 1990 and headquartered in Hyderabad, was until FY2024-25 a subsidiary of Midwest Limited (formerly Midwest Granite Private Limited). During FY2024-25 the company's promoter changed hands and it acquired a 97.40% equity stake in Midwest Energy Private Limited via a share-swap preferential allotment, alongside a separate cash preferential issue to non-promoter investors that raised further capital. The annual report excerpt available does not describe the current day-to-day operating activities of Midwest Energy Private Limited or the group's ongoing business in operational detail.
- Stake in Midwest Energy Private Limited
- 97.40% (acquired via share swap, FY2024-25)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 2 fiscal years held (Mar 2025 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +400% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 1 | 0 | 0 | 20 | 4 | 5 |
| Expenses | 0 | 1 | 3 | 0 | 0 | 20 | 5 | 4 |
| Operating profit | -0 | -1 | -2 | -0 | -0 | 0 | -1 | 1 |
| Operating margin | −1500.0% | −207.7% | −309.5% | −555.1% | −2000.0% | 0.4% | −31.5% | 18.8% |
| Other income | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 3 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0 | -1 | -2 | 1 | 1 | 2 | 0 | 3 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | -0 | -1 | -2 | 1 | 1 | 2 | 0 | 3 |
| EPS (₹ per share) | -0.11 | -0.34 | -0.18 | 0.06 | 0.07 | 0.13 | 0.02 | 0.24 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 1 | 1 | 24 |
| Expenses | 2 | 4 | 26 |
| Operating profit | -1 | -3 | -2 |
| Other income | 0 | 1 | 7 |
| Interest | 1 | 2 | 3 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | -2 | -4 | 3 |
| Net profit | -2 | -4 | 3 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 11 | 11 | 13 |
| Reserves | -14 | -24 | -26 | 80 | 69 | 411 |
| Borrowings | 22 | 25 | 27 | 29 | 152 | 99 |
| Other liabilities | 3 | 4 | 3 | 1 | 7 | 3 |
| Total liabilities | 14 | 8 | 7 | 121 | 239 | 526 |
| Fixed assets | 2 | 2 | 2 | 1 | 49 | 90 |
| Capital work in progress | 0 | 0 | 0 | 0 | 97 | 0 |
| Investments | 0 | 0 | 0 | 40 | 2 | 63 |
| Other assets | 12 | 6 | 5 | 80 | 91 | 373 |
| Total assets | 14 | 8 | 7 | 121 | 239 | 526 |
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Cash from operations | -3 | -22 |
| Cash from investing | -44 | -279 |
| Cash from financing | 79 | 371 |
| Net cash flow | 31 | 70 |
| Free cash flow | -3 | -91 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 5140 | 12075 | 71 | 139 | 92 | 369 |
| Inventory days | 990 | 3346 | 411 | 438 | 172 | 1 |
| Days payable | 1825 | 5678 | 690 | 1226 | 70 | 0 |
| Cash conversion cycle | 4305 | 9743 | -208 | -649 | 194 | 370 |
| Working capital days | -15143 | -51952 | -4883 | -8909 | -12474 | -823 |
| Return on capital employed | −17.5% | −14.5% | −69.2% | −27.5% | −1.1% | 1.6% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 58.45% as of Sept 2026; institutions added 0.33 pts since Jun 2026.
- Promoters 58.45%
- Foreign institutions 12.97%
- Domestic institutions 1.56%
- Public 27.02%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- FPI fund +0.29 pp 5.70% 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 Sep 2026 filing
Every holder of REMAGNET above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 49.23% | unchanged | |
| 7.09% | unchanged | |
| FPI fund | 5.70% | +0.29 pp |
| FPI fund | 5.10% | unchanged |
| 3.08% | unchanged | |
| 2.57% | unchanged | |
| 2.09% | unchanged | |
| 1.73% | unchanged | |
| FPI fund | 1.67% | unchanged |
| 1.62% | unchanged | |
| AIF | 1.45% | unchanged |
| 1.44% | 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.
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