Midwest Energy Ltd
Midwest Energy Ltd (REMAGNET) last reported results for the quarter ended Jun 2026, with sales of ₹6.24 crore and net profit of ₹-1.02 crore. The stock last traded at ₹341, a market capitalisation of ₹4,425 crore. Over the past 52 weeks the stock has ranged between ₹199 and ₹590. Figures are as of 6 Oct 2026 and are not real time.
Midwest Energy Ltd share price and key metrics
- Current price
- ₹341
- Market cap
- ₹4,425 cr
- Book value
- ₹31.1
- ROE
- -5.75%
- ROCE
- -2.53%
- Dividend yield
- 0.00%
- 52w high / low
- 590/199
Metrics as of 6 Oct 2026. Not real time.
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Midwest Energy Ltd growth and returns
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- TTM
- 1010%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- TTM
- -107%
- 10 Years
- 77%
- 5 Years
- 185%
- 3 Years
- 381%
- 1 Year
- 40%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- Last Year
- -6%
Midwest Energy Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹6.24 cr, up 1173.5% from ₹0.49 cr a year earlier. Net profit was ₹-1.02 cr, up 73.0% year on year.
| ₹ crore | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Sales | 0.49 | 1.2 | 1.2 | 5.76 | 6.24 |
| Expenses | 3.21 | 3.24 | 3.22 | 8.98 | 6.7 |
| Operating profit | -2.72 | -2.04 | -2.02 | -3.22 | -0.46 |
| OPM % | -555.10% | -170.00% | -168.33% | -55.90% | -7.37% |
| Other income | 0.3 | 0.21 | 0.23 | 1.13 | 1.67 |
| Interest | 0.66 | 0.84 | 0.59 | 0.5 | 1.29 |
| Depreciation | 0.7 | 0.85 | 0.87 | 0.86 | 0.94 |
| Profit before tax | -3.78 | -3.52 | -3.25 | -3.45 | -1.02 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net profit | -3.78 | -3.53 | -3.25 | -3.45 | -1.02 |
| EPS (₹) | -0.31 | -0.29 | -0.27 | -0.27 | -0.08 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Midwest Energy Ltd annual results
| ₹ crore | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|
| Sales | 1 | 9 | 14 |
| Operating profit | -4 | -10 | -8 |
| OPM % | -533% | -114% | -54% |
| Net profit | -7 | -14 | -11 |
| EPS (₹) | -0.62 | -1.09 | -0.91 |
TTM is the trailing twelve months to the most recent quarter.
Midwest Energy Ltd balance sheet
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Equity capital | 11 | 13 |
| Reserves | 75 | 388 |
| Borrowings | 106 | 302 |
| Other liabilities | 10 | 12 |
| Total liabilities | 202 | 714 |
| Fixed assets | 28 | 115 |
| CWIP | 76 | 189 |
| Investments | 0 | 2 |
| Other assets | 98 | 408 |
| Total assets | 202 | 714 |
As reported by the company. Total assets equal total liabilities by construction.
Midwest Energy Ltd cash flow
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Cash from operations | -33 | -14 |
| Cash from investing | -84 | -416 |
| Cash from financing | 156 | 517 |
| Net cash flow | 39 | 87 |
| Free cash flow | -116 | -210 |
| CFO / operating profit | 798% | 132% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Midwest Energy Ltd operating ratios
| Per year | Mar 2025 | Mar 2026 |
|---|---|---|
| ROCE % | — | -3% |
| Debtor days | 295 | 299 |
| Inventory days | 879 | 2,468 |
| Days payable | 128 | 72 |
| Cash conversion cycle | 1,045 | 2,694 |
| Working capital days | -702 | -3,283 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Midwest Energy Ltd shareholding pattern
Promoters held 58.45% at Jun 2026, down from 63.15% at Jun 2025. FIIs 12.63% and DIIs 1.57%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 72.03% | 72.03% | 63.15% | 63.15% | 63.15% | 57.91% | 58.78% | 58.45% |
| FIIs | 0.00% | 0.00% | 6.62% | 6.72% | 6.78% | 11.70% | 12.02% | 12.63% |
| DIIs | 0.63% | 0.63% | 1.86% | 1.86% | 1.86% | 1.71% | 1.58% | 1.57% |
| Public | 27.33% | 27.32% | 28.37% | 28.28% | 28.21% | 28.68% | 27.61% | 27.35% |
| No. of shareholders | 6,754 | 6,734 | 6,802 | 6,822 | 7,573 | 9,066 | 8,868 | 8,825 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
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