Mid India Industries Limited (MIDINDIA.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+127.9%

₹11.78

vs ₹5.17 price

Levered DCF

-₹5.84

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	27.68×	-137.52×	-27.92×	29.14×	25.5×	-54.4×	-369.23×	-5.13×
P/B	-1.98×	-3.6×	-2.7×	-3.26×	-2.78×	-2.51×	-2.64×	-2.66×
P/S	0.63×	2.57×	1.76×	0.93×	0.71×	9.72×	1.62×	0.63×
EV / EBITDA	20.93×	-281.77×	-58.05×	16.5×	13.52×	913.16×	62.05×	-5.7×
Gross margin	11.4%	8.2%	4.8%	6.2%	5.2%	-30.1%	-1.0%	-9.9%
Operating margin	1.7%	-0.5%	-6.0%	5.3%	2.6%	-38.6%	-3.8%	-12.6%
Net margin	2.3%	-1.9%	-6.3%	3.1%	2.8%	-18.3%	-0.4%	-12.2%
Current ratio	0.41×	0.2×	0.42×	0.42×	0.49×	0.29×	0.43×	0.28×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-7.1%	2.6%	9.7%	-11.0%	-10.9%	4.7%	0.7%	51.6%
Return on invested capital	-4.8%	0.7%	9.4%	-15.1%	-6.9%	10.1%	6.2%	53.7%
Return on assets	8.9%	-7.7%	-9.9%	7.9%	6.6%	-5.2%	-0.5%	-45.8%
Free cash flow yield	0.9%	-1.0%	-4.9%	-0.3%	-0.7%	0.3%	-0.6%	-0.2%
Earnings yield	3.6%	-0.7%	-3.6%	3.4%	3.9%	-1.9%	-0.3%	-19.4%
Enterprise value	₹81.5M	₹161.7M	₹116.3M	₹132.2M	₹131.8M	₹132.7M	₹132.6M	₹131.7M
Net debt / EBITDA	-0.3×	0.8×	1.01×	-0.11×	-0.13×	-1.93×	-0.18×	0.06×
Cash conversion cycle (days)	-196	-361	-329	-178	-145	-1,370	-323	-113