Midwest Limited
1,100.95
INR
-36.25
(-3.19%)
ISIN
INE0XAD01024
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Kollareddy Ramachandra
- Full Time Employees
- 373
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Hyderabad India
- Website
- midwest.in
- Similar Companies
- Business
- Midwest Limited is an India-based vertically integrated natural stone exploration, mining, processing, and mineral production company. Founded in 1981 and headquartered in Hyderabad, Telangana, India, the company operates across three core business segments: Natural Stone, Mineral Processing, and Contract Mining Services. Midwest Limited provides a comprehensive portfolio of products and industrial solutions, including: dimensional granite blocks, cut-to-size slabs, and surface-treated tiles, specializing in premium varieties such as Black Galaxy Granite, Absolute Black Granite, Tan Brown Granite, and Laza Grey marble; quartz minerals, including high-purity quartz powder, quartz grit, and raw quartz inputs for the engineered stone, photovoltaic solar glass, and semiconductor industries; heavy mineral sands, comprising ilmenite, rutile, zircon, garnet, and sillimanite; and specialized mining services, such as open-cast quarrying, diamond wire sawing, geological resource mapping, deep-hole blast hole drilling, and contract extraction services. The company owns and operates multiple captive quarries and processing facilities across southern India, including Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, catering to residential and commercial construction firms, infrastructure developers, stone wholesalers, and industrial manufacturers across domestic and export markets in China, Italy, Thailand, the United States, Europe, and Southeast Asia. In recent major developments, Midwest Limited completed its initial public offering (IPO) and listed its equity shares on the National Stock Exchange of India and BSE Limited; acquired additional granite and quartz quarry concessions through state government e-auctions to expand its resource reserves; commissioned expanded processing capacities for high-grade solar-quality quartz grit; and initiated strategic diversification programs focused on critical minerals, rare-earth element processing, and advanced materials for renewable energy storage systems.