Midwest Limited Q3 FY26 earnings call summary

Earnings call of 12 Feb 2026, summarised by AI from the filing.

Midwest Q3 FY26 consolidated revenue ₹128 cr (Q3 FY25: ₹117 cr, +10%); Quartz commercial production started and Phase 2 guided.

Key takeaways

1. Change Quartz commercial production started after resolving integration issues; Phase 2 orders to be placed next month.
2. Driver Domestic granite demand on high growth trajectory and China demand supported by construction turnaround and strong RMB.

Original filing on BSE

Midwest Limited Q1 FY27 results

As filed: Revenue ₹192 cr, EBITDA ₹48.9 cr, PAT ₹31.0 cr, EBITDA margin 25.5%.

Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹192 cr). Scored once a year-earlier consolidated quarter exists.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹216 cr, EBITDA ₹58.3 cr, PAT ₹37.0 cr, EBITDA margin 27.0%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹216 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: +3.8% in 30 days (Nifty 500: +0.9%).
• Q3 FY26: Revenue ₹129 cr, EBITDA ₹30.5 cr, PAT ₹17.4 cr, EBITDA margin 23.7%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹129 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −20.5% in 29 days (Nifty 500: −9.6%).
• Q2 FY26: Revenue ₹159 cr, EBITDA ₹47.0 cr, PAT ₹28.0 cr, EBITDA margin 29.6%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹159 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: +33.0% in 30 days (Nifty 500: −0.5%).

Past price moves after results do not indicate future moves. Not a recommendation.

Midwest Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (13 Aug 2026), Results deck (13 Aug 2026)
• Q4 FY26: Earnings call (27 May 2026), Results deck (27 May 2026)
• Q3 FY26: Earnings call (12 Feb 2026), Results deck (12 Feb 2026)
• Q2 FY26: Earnings call (13 Nov 2025), Results deck (14 Nov 2025)