Mid India Industries (BSE 500277)₹4.70+3.98%Other Textile Products
In the Mar 2026 quarter (standalone), Mid India Industries reported sales of ₹6.92 Cr, up 408.8% from Mar 2025, and net profit of ₹0.36 Cr. For the year to Mar 2026, sales were ₹13.10 Cr and net profit ₹0.31 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.29 | 1.86 | 0.14 | 1.41 | 1.01 | 1.54 | 2.37 | 1.36 | 1.48 | 1.30 | 3.37 | 6.92 |
| Expenses | 3.13 | 1.85 | 0.24 | 1.68 | 1.01 | 1.53 | 2.31 | 1.48 | 1.45 | 1.32 | 3.44 | 6.60 |
| Operating Profit | 0.15 | 0.00 | −0.09 | −0.26 | 0.00 | 0.00 | 0.05 | −0.11 | 0.02 | −0.01 | −0.06 | 0.31 |
| OPM % | 4.8% | 0.5% | −66.7% | −19.1% | 0.0% | 0.7% | 2.5% | −8.8% | 2.0% | −1.5% | −2.1% | 4.6% |
| Other Income | −0.11 | −0.05 | −0.02 | 0.16 | −0.10 | 0.00 | 0.00 | 0.10 | 0.00 | 0.03 | 0.03 | 0.09 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.00 | −0.07 | −0.15 | −0.15 | −0.10 | 0.00 | 0.03 | −0.04 | 0.01 | 0.00 | −0.05 | 0.38 |
| Tax % | 0.0% | 0.0% | 0.0% | 18.8% | 0.0% | 0.0% | 0.0% | −19.9% | 0.0% | 0.0% | 0.0% | 10.3% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.00 | −0.10 | −0.15 | −0.18 | −0.12 | −0.02 | 0.05 | −0.03 | 0.01 | −0.02 | −0.07 | 0.36 |
| EPS (Rs) | 0.00 | −0.05 | −0.09 | −0.11 | −0.06 | 0.00 | 0.01 | −0.01 | 0.00 | 0.00 | −0.03 | 0.20 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.95 | 25.23 | 22.56 | 21.20 | 8.45 | 1.61 | 18.89 | 14.65 | 6.72 | 6.31 | 13.10 | 13.07 |
| Expenses | 23.68 | 27.33 | 26.69 | 23.53 | 8.28 | 1.62 | 17.96 | 13.42 | 6.93 | 6.28 | 12.82 | 12.81 |
| Operating Profit | −0.71 | −2.08 | −4.09 | −2.34 | 0.17 | 0.00 | 0.92 | 1.23 | −0.20 | 0.02 | 0.27 | 0.26 |
| OPM % | −3.2% | −8.3% | −18.2% | −11.1% | 2.1% | −0.6% | 4.9% | 8.4% | −3.1% | 0.5% | 2.1% | 2.0% |
| Other Income | 0.13 | 0.10 | 0.09 | 0.05 | 0.04 | 0.03 | 0.05 | −0.45 | 0.02 | −0.10 | 0.12 | 0.15 |
| Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.23 | 0.23 | 0.26 | 0.26 | 0.24 | 0.25 | 0.18 | 0.21 | 0.19 | 0.06 | 0.04 | 0.00 |
| Profit before tax | −0.85 | −2.23 | −4.28 | −2.57 | −0.03 | −0.24 | 0.77 | 0.57 | −0.39 | −0.12 | 0.33 | 0.34 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 34.7% | 22.5% | 7.5% | −7.6% | 11.8% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −0.84 | −2.24 | −4.28 | −2.57 | −0.03 | −0.24 | 0.53 | 0.46 | −0.41 | −0.11 | 0.31 | 0.28 |
| EPS (Rs) | −0.51 | −1.37 | −2.62 | −1.57 | −0.01 | −0.14 | 0.31 | 0.27 | −0.25 | −0.06 | 0.17 | 0.17 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.30 | 16.30 | 16.31 | 16.31 | 16.31 | 16.29 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 |
| Reserves | −11.32 | −12.17 | −14.40 | −18.67 | −21.27 | −21.29 | −21.54 | −21.06 | −20.35 | −20.65 | −20.78 | −20.45 |
| Borrowings | 0.22 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 3.71 | 4.89 | 8.00 | 11.26 | 10.62 | 12.81 | 10.08 | 12.67 | 9.71 | 8.62 | 6.00 | 7.48 |
| Total Liabilities | 8.91 | 9.04 | 9.91 | 8.90 | 5.66 | 7.81 | 4.85 | 7.92 | 5.67 | 4.28 | 1.53 | 3.34 |
| Fixed Assets | 2.09 | 2.25 | 2.33 | 2.30 | 2.15 | 1.90 | 1.64 | 1.46 | 1.24 | 0.50 | 0.34 | 0.30 |
| CWIP | 0.00 | 0.00 | 0.23 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.21 | 0.00 | 0.12 | 0.14 | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 6.82 | 6.79 | 7.14 | 6.43 | 3.39 | 5.77 | 3.02 | 6.46 | 4.43 | 3.78 | 1.19 | 3.04 |
| Inventories | 4.71 | 3.93 | 4.39 | 2.30 | 0.00 | 0.00 | 0.00 | 1.09 | 0.22 | 0.01 | 0.03 | 0.02 |
| Trade receivables | 1.33 | 1.59 | 1.63 | 3.02 | 2.36 | 5.23 | 2.57 | 3.78 | 2.39 | 2.73 | 0.15 | 1.05 |
| Cash & equivalents | 0.12 | 0.48 | 0.13 | 0.25 | 0.12 | 0.03 | 0.02 | 0.11 | 0.08 | 0.19 | 0.04 | 0.11 |
| Total Assets | 8.91 | 9.04 | 9.91 | 8.90 | 5.66 | 7.81 | 4.85 | 7.92 | 5.67 | 4.28 | 1.53 | 3.34 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.50 | 0.98 | 0.36 | −0.05 | −0.03 | −0.09 | 0.04 | −0.10 | −0.04 | −0.59 | −0.17 | 0.09 |
| Cash from investing activity | 0.08 | −0.39 | −0.68 | 0.07 | −0.06 | −0.01 | −0.03 | 0.17 | 0.00 | 0.69 | 0.00 | 0.00 |
| Cash from financing activity | −0.78 | −0.23 | −0.02 | 0.08 | −0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash flow | −0.18 | 0.35 | −0.34 | 0.10 | −0.11 | −0.09 | 0.00 | 0.08 | −0.03 | 0.11 | −0.15 | 0.06 |
| Capex | 0.00 | 0.39 | 0.54 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | 0.49 | 0.58 | −0.15 | −0.18 | 0.03 | −0.09 | 0.04 | −0.10 | −0.05 | 0.13 | −0.17 | 0.08 |
| CFO / OP % | 117.0% | −139.0% | −17.0% | 1.0% | 1.0% | −44.0% | −300.0% | −39.0% | −12.9% | 276.1% | −532.9% | 14.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 17 | 25 | 24 | 49 | 41 | 226 | 581 | 73 | 60 | 149 | 9 | 29 |
| Inventory days | 85 | 92 | 90 | 51 | 0 | 0 | 0 | 23 | 6 | 1 | 1 | 1 |
| Days payable | 60 | 108 | 145 | 214 | — | — | — | 246 | 253 | 479 | 371 | 232 |
| Cash conversion cycle | 40 | 9 | −33 | −115 | 40 | 225 | 580 | −150 | −188 | −330 | −362 | −202 |
| Working capital days | 35 | 23 | −21 | −89 | −134 | −320 | −1,671 | −124 | −139 | −283 | −278 | −126 |
| ROCE % | 4.0% | −18.1% | −76.7% | — | — | — | — | — | — | — | — | — |
For the Mar 2026 quarter, Mid India Industries reported sales of ₹6.92 Cr, up 408.8% year on year and net profit of ₹0.36 Cr. The operating margin was 4.6%.
Mid India Industries' sales for the year to Mar 2026 were ₹13.10 Cr; over the last twelve months they were ₹13.07 Cr.
Net profit for the year to Mar 2026 was ₹0.31 Cr, and ₹0.28 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.17.
Mid India Industries reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.11 Cr.
Cash from operations was ₹0.09 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.08 Cr.