| Quarter | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| 141 | 117 | 230 | 142 | 159 | 129 | 216 | 192 | |
Growth YoY Revenue Growth YoY% | 12.4 | 10.0 | -6.3 | 34.8 | ||||
| 111 | 94 | 156 | 103 | 112 | 98 | 157 | 143 | |
| 31 | 23 | 75 | 39 | 47 | 31 | 58 | 49 | |
OPM OPM% | 21.7 | 20.0 | 32.4 | 27.4 | 29.3 | 23.7 | 27.0 | 25.5 |
| 4 | 6 | 2 | 4 | 2 | 5 | 3 | 6 | |
Interest Expense Interest ExpenseCr | 2 | 3 | 3 | 4 | 4 | 5 | 2 | 4 |
Depreciation DepreciationCr | 6 | 6 | 8 | 7 | 7 | 9 | 8 | 9 |
PBT PBTCr | 27 | 20 | 66 | 33 | 38 | 23 | 51 | 42 |
| 11 | 6 | 17 | 8 | 10 | 5 | 14 | 11 | |
| 15 | 15 | 48 | 24 | 28 | 17 | 37 | 31 | |
Growth YoY PAT Growth YoY% | 79.6 | 19.6 | -23.6 | 27.3 | ||||
NPM NPM% | 10.9 | 12.4 | 21.1 | 17.1 | 17.5 | 13.5 | 17.1 | 16.2 |
| 4.6 | 4.3 | 14.3 | 7.2 | 8.2 | 4.9 | 10.2 | 8.6 |
| Quarter | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| 141 | 117 | 230 | 142 | 159 | 129 | 216 | 192 | |
Growth YoY Revenue Growth YoY% | 12.4 | 10.0 | -6.3 | 34.8 | ||||
| 111 | 94 | 156 | 103 | 112 | 98 | 157 | 143 | |
| 31 | 23 | 75 | 39 | 47 | 31 | 58 | 49 | |
OPM OPM% | 21.7 | 20.0 | 32.4 | 27.4 | 29.3 | 23.7 | 27.0 | 25.5 |
| 4 | 6 | 2 | 4 | 2 | 5 | 3 | 6 | |
Interest Expense Interest ExpenseCr | 2 | 3 | 3 | 4 | 4 | 5 | 2 | 4 |
Depreciation DepreciationCr | 6 | 6 | 8 | 7 | 7 | 9 | 8 | 9 |
PBT PBTCr | 27 | 20 | 66 | 33 | 38 | 23 | 51 | 42 |
| 11 | 6 | 17 | 8 | 10 | 5 | 14 | 11 | |
| 15 | 15 | 48 | 24 | 28 | 17 | 37 | 31 | |
Growth YoY PAT Growth YoY% | 79.6 | 19.6 | -23.6 | 27.3 | ||||
NPM NPM% | 10.9 | 12.4 | 21.1 | 17.1 | 17.5 | 13.5 | 17.1 | 16.2 |
| 4.6 | 4.3 | 14.3 | 7.2 | 8.2 | 4.9 | 10.2 | 8.6 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 380 | 525 | 503 | 586 | 626 | 646 | 695 |
Growth Revenue Growth% | 38.2 | -4.3 | 16.5 | 6.9 | 3.1 | 10.2 | |
| 286 | 420 | 413 | 434 | 454 | 471 | 511 | |
| 94 | 106 | 90 | 151 | 172 | 174 | 184 | |
OPM OPM% | 24.8 | 20.1 | 17.8 | 25.9 | 27.4 | 27.0 | 26.5 |
| 14 | 14 | 20 | 18 | 43 | 14 | 16 | |
Interest Expense Interest ExpenseCr | 7 | 9 | 9 | 9 | 11 | 14 | 14 |
Depreciation DepreciationCr | 18 | 18 | 22 | 22 | 26 | 31 | 33 |
PBT PBTCr | 83 | 93 | 79 | 138 | 178 | 144 | 153 |
| 23 | 26 | 24 | 37 | 45 | 37 | 40 | |
PAT PATCr | 60 | 67 | 54 | 100 | 133 | 106 | 113 |
Growth PAT Growth% | 11.4 | -18.9 | 84.3 | 32.9 | -20.1 | 10.1 | |
NPM NPM% | 15.8 | 12.8 | 10.8 | 17.1 | 21.3 | 16.5 | 16.3 |
| 6,770.4 | 19.8 | 16.1 | 29.7 | 39.4 | 29.4 | 31.9 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 380 | 525 | 503 | 586 | 626 | 646 | 695 |
Growth Revenue Growth% | 38.2 | -4.3 | 16.5 | 6.9 | 3.1 | 10.2 | |
| 286 | 420 | 413 | 434 | 454 | 471 | 511 | |
| 94 | 106 | 90 | 151 | 172 | 174 | 184 | |
OPM OPM% | 24.8 | 20.1 | 17.8 | 25.9 | 27.4 | 27.0 | 26.5 |
| 14 | 14 | 20 | 18 | 43 | 14 | 16 | |
Interest Expense Interest ExpenseCr | 7 | 9 | 9 | 9 | 11 | 14 | 14 |
Depreciation DepreciationCr | 18 | 18 | 22 | 22 | 26 | 31 | 33 |
PBT PBTCr | 83 | 93 | 79 | 138 | 178 | 144 | 153 |
| 23 | 26 | 24 | 37 | 45 | 37 | 40 | |
PAT PATCr | 60 | 67 | 54 | 100 | 133 | 106 | 113 |
Growth PAT Growth% | 11.4 | -18.9 | 84.3 | 32.9 | -20.1 | 10.1 | |
NPM NPM% | 15.8 | 12.8 | 10.8 | 17.1 | 21.3 | 16.5 | 16.3 |
| 6,770.4 | 19.8 | 16.1 | 29.7 | 39.4 | 29.4 | 31.9 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 1 | 1 | 1 | 10 | 17 | 18 |
Reserves ReservesCr | 276 | 343 | 405 | 480 | 598 | 944 |
| 158 | 190 | 176 | 176 | 263 | 219 | |
| 61 | 61 | 68 | 82 | 163 | 170 | |
| 502 | 604 | 656 | 757 | 1,059 | 1,367 | |
| 163 | 211 | 232 | 296 | 423 | 598 | |
| 339 | 393 | 424 | 461 | 636 | 769 | |
| 502 | 604 | 656 | 757 | 1,059 | 1,367 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 1 | 1 | 1 | 10 | 17 | 18 |
Reserves ReservesCr | 276 | 343 | 405 | 480 | 598 | 944 |
| 158 | 190 | 176 | 176 | 263 | 219 | |
| 61 | 61 | 68 | 82 | 163 | 170 | |
| 502 | 604 | 656 | 757 | 1,059 | 1,367 | |
| 163 | 211 | 232 | 296 | 423 | 598 | |
| 339 | 393 | 424 | 461 | 636 | 769 | |
| 502 | 604 | 656 | 757 | 1,059 | 1,367 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 67 | 143 | -52 | 128 | 87 | 175 | |
| -40 | -99 | -17 | -64 | -201 | -276 | |
| -27 | -14 | 45 | -50 | 103 | 150 | |
Net Cash Flow Net Cash FlowCr | 0 | 31 | -25 | 14 | -11 | 49 |
Free Cash Flow Free Cash FlowCr | 26 | 87 | -86 | 81 | -88 | |
CFO To PAT CFO To PAT% | 110.9 | 213.6 | -95.4 | 127.5 | 65.5 | 164.1 |
CFO To EBITDA CFO To EBITDA% | 71.0 | 135.5 | -58.0 | 84.5 | 50.8 | 100.2 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 67 | 143 | -52 | 128 | 87 | 175 | |
| -40 | -99 | -17 | -64 | -201 | -276 | |
| -27 | -14 | 45 | -50 | 103 | 150 | |
Net Cash Flow Net Cash FlowCr | 0 | 31 | -25 | 14 | -11 | 49 |
Free Cash Flow Free Cash FlowCr | 26 | 87 | -86 | 81 | -88 | |
CFO To PAT CFO To PAT% | 110.9 | 213.6 | -95.4 | 127.5 | 65.5 | 164.1 |
CFO To EBITDA CFO To EBITDA% | 71.0 | 135.5 | -58.0 | 84.5 | 50.8 | 100.2 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 4,143 | 3,612 | |||||
Price To Earnings Price To Earnings | 39.5 | 31.3 | |||||
Price To Sales Price To Sales | 6.4 | 5.2 | |||||
Price To Book Price To Book | 4.3 | 4.0 | |||||
EV To EBITDA EV To EBITDA | 23.4 | 19.2 | |||||
GPM GPM% | 68.7 | 40.5 | 39.7 | 45.9 | 48.8 | ||
OPM OPM% | 24.8 | 20.1 | 17.8 | 25.9 | 27.4 | 27.0 | 26.5 |
NPM NPM% | 15.8 | 12.8 | 10.8 | 17.1 | 21.3 | 16.5 | 16.3 |
ROCE ROCE% | 23.6 | 23.2 | 15.8 | 23.9 | 22.1 | 13.9 | 13.9 |
ROE ROE% | 21.8 | 19.5 | 13.4 | 20.5 | 21.7 | 11.1 | 11.1 |
ROA ROA% | 12.0 | 11.1 | 8.3 | 13.3 | 12.6 | 7.8 | 7.8 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 4,143 | 3,612 | |||||
Price To Earnings Price To Earnings | 39.5 | 31.3 | |||||
Price To Sales Price To Sales | 6.4 | 5.2 | |||||
Price To Book Price To Book | 4.3 | 4.0 | |||||
EV To EBITDA EV To EBITDA | 23.4 | 19.2 | |||||
GPM GPM% | 68.7 | 40.5 | 39.7 | 45.9 | 48.8 | ||
OPM OPM% | 24.8 | 20.1 | 17.8 | 25.9 | 27.4 | 27.0 | 26.5 |
NPM NPM% | 15.8 | 12.8 | 10.8 | 17.1 | 21.3 | 16.5 | 16.3 |
ROCE ROCE% | 23.6 | 23.2 | 15.8 | 23.9 | 22.1 | 13.9 | 13.9 |
ROE ROE% | 21.8 | 19.5 | 13.4 | 20.5 | 21.7 | 11.1 | 11.1 |
ROA ROA% | 12.0 | 11.1 | 8.3 | 13.3 | 12.6 | 7.8 | 7.8 |
Documents — Midwest Ltd
Concall Transcript Summaries — Midwest Ltd