Midwest Share Price Target 2026, 2027, 2030, 2040, 2050
Midwest is an Indian company that mines, processes, and sells natural stones like Black Galaxy and Absolute Black Granite. The company also makes diamond wire cutting tools and processes quartz. It sells its products to about 17 countries, including China, Italy, and Thailand. Its main work is mining, preparing, marketing, and exporting natural stones. Key products are granite for countertops, floors, and monuments, diamond wire tools for cutting in mining and construction, and processed quartz. It runs 16 granite mines and processing plants in Telangana and Andhra Pradesh and aims to stay financially strong, grow its business, and create long-term value.
What is Midwest Ltd NSE: MIDWESTLTD?
Midwest was established in 1981 by Mr K. Raghava Reddy and is located in Hyderabad, Telangana. It is a big Indian company that digs, processes, and sells natural stones, mainly granite. The company has 16 granite mines in Telangana and Andhra Pradesh and makes famous types like Black Galaxy, Absolute Black, and Tan Brown. It is the largest exporter of Black Galaxy Granite from India, making about 64% of the country’s exports in 2025. It also works with other materials like quartz and heavy minerals, which are used in buildings, renewable energy, semiconductors, and the titanium industries.
The company has been working in India’s stone mining industry for many years and runs 20 mines, including granite, quartz, and marble. These mines are located in different states like Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, giving Midwest a strong and varied supply of stone. The company uses modern machines like excavators, dump trucks, wire saws, and mechanical drills to mine and process the stones efficiently. In 2026, its share price target would be ₹3286, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1071 to ₹3286 in 2026.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 1071 | 3286 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1252 | 1859 |
| फ़रवरी | 1284 | 1625 |
| मार्च | 1170 | 1340 |
| अप्रैल | 1156 | 1600 |
| मई | 1200 | 1790 |
| जून | 1120 | 1407 |
| जुलाई | 1071 | 1747 |
| अगस्त | 1158 | 1932 |
| सितंबर | 1354 | 2387 |
| अक्टूबर | 1587 | 2598 |
| नवंबर | 1990 | 2778 |
| दिसम्बर | 2258 | 3286 |
It has been doing well financially, with steady growth in both sales and profits. Its revenue has been increasing every year, showing that the company is growing in the market and managing its production and sales effectively. Its profits have also been going up, which means the company is selling more while keeping costs under control and running smoothly. In 2027, its share price target would be ₹3000, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2251 to ₹3000 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 2251 | 3000 |
Besides granite, it has grown its business to also make diamond wire cutting tools and process quartz, giving it more products and services. This lets the company serve more industries, like construction, building materials, and renewable energy. With a strong range of products, smooth operations, and presence in international markets, it can compete well globally. In 2028, its share price target would be ₹, as per stock market analysts.
Its share price would be between ₹2924 to ₹3954 in 2028, as per stock market analysts.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 2924 | 3954 |
The company’s big operations, modern technology, and important resources give it an advantage over competitors. It uses its long experience and proven methods to mine and process stones efficiently, making high-quality products while keeping costs low. Its strong presence in key export markets and good relationships with international buyers help it keep its market share. The company can handle changes in global demand, manage stock well, and continue providing value to customers and partners in different markets with a flexible supply chain and modern facilities. In 2029, its share price target would be ₹4225, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3884 to ₹4225 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 3884 | 4225 |
It cares a lot about quality and follows international standards. All its products are checked carefully to make sure they meet the needs of different customers. This focus on quality has helped Midwest earn a strong reputation for being reliable and excellent in the natural stone industry, making it a trusted choice for clients in India and other countries. In 2030, its share price target would be ₹5524, as per stock market analysts.
Its share price would be between ₹4158 to ₹5524 in 2030, as per stock market analysts.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 4158 | 5524 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 4158 | 4284 |
| फ़रवरी | 4187 | 4335 |
| मार्च | 4224 | 4374 |
| अप्रैल | 4256 | 4425 |
| मई | 4287 | 4558 |
| जून | 4335 | 4668 |
| जुलाई | 4515 | 4778 |
| अगस्त | 4589 | 4889 |
| सितंबर | 4668 | 5025 |
| अक्टूबर | 4842 | 5225 |
| नवंबर | 5024 | 5368 |
| दिसम्बर | 5254 | 5524 |
The company plans to offer special natural stones like Laza Grey Marble and Celestia Quartzite through a business-to-business-to-consumer (B2B2C) model and also enter the high-purity quartz market by improving its existing products. It is also starting heavy mineral sand mining, looking for minerals like rutile, ilmenite, zircon, garnet, sillimanite, and monazite. In 2040, its share price target would be ₹12240, as per stock market analysts.
According to stock market analysts, its share price would be between ₹10887 to ₹12240 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 10887 | 12240 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 10887 | 11051 |
| फ़रवरी | 10930 | 11174 |
| मार्च | 10984 | 11253 |
| अप्रैल | 11087 | 11335 |
| मई | 11120 | 11557 |
| जून | 11256 | 11662 |
| जुलाई | 11335 | 11752 |
| अगस्त | 11512 | 11852 |
| सितंबर | 11625 | 11930 |
| अक्टूबर | 11841 | 12078 |
| नवंबर | 11882 | 12157 |
| दिसम्बर | 11978 | 12240 |
The company keeps enough stock near main markets like China and Italy, which helps distributors get better shipping prices and ensures products are always available. Its team studies market demand carefully, helping the company plan production and manage stock well so that deliveries are always on time. It looks after everything from mining to delivery, giving it full control over quality, cost, and time. This complete system helps the company keep its product quality high and customers satisfied. In 2050, its share price target would be ₹22778, as per stock market analysts.
Its share price would be between ₹20254 to ₹22778 in 2050, as per stock market analysts.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 20254 | 22778 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 20254 | 20451 |
| फ़रवरी | 20421 | 20662 |
| मार्च | 20520 | 20750 |
| अप्रैल | 20662 | 20884 |
| मई | 20721 | 20984 |
| जून | 20820 | 21120 |
| जुलाई | 20920 | 21441 |
| अगस्त | 21240 | 21750 |
| सितंबर | 21542 | 21985 |
| अक्टूबर | 21754 | 22254 |
| नवंबर | 21985 | 22451 |
| दिसम्बर | 22251 | 22778 |
Should I buy Midwest stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 1071 | 3286 |
| 2027 | 2251 | 3000 |
| 2028 | 2924 | 3954 |
| 2029 | 3884 | 4225 |
| 2030 | 4158 | 5524 |
| 2040 | 10887 | 12240 |
| 2050 | 20254 | 22778 |
It is a strong and growing company in India that makes and sells Black Galaxy Granite and other types of natural stones. The company is also moving into new areas like quartz processing, diamond wire tool making, and mining heavy mineral sands. This helps it grow and reach more markets. Midwest cares about quality and uses clean energy like solar power and electric vehicles to protect the environment. It has a good financial record and keeps working to grow its business while reducing loans. Overall, it looks like a good option for long-term investors if it continues to manage costs, keep up quality, and expand into new markets.
Midwest earnings results (Financials)
| मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | मार्च 2025 | |
| बिक्री + | 380 | 525 | 503 | 586 | 626 |
| व्यय + | 284 | 419 | 412 | 428 | 454 |
| परिचालन लाभ | 96 | 106 | 91 | 158 | 172 |
| OPM % | 25% | 20% | 18% | 27% | 27% |
| अन्य आय + | 12 | 14 | 19 | 12 | 43 |
| ब्याज | 7 | 9 | 10 | 10 | 11 |
| व्याख्या | 18 | 18 | 22 | 22 | 26 |
| कर से पहले लाभ | 83 | 93 | 79 | 138 | 178 |
| कर | 27% | 28% | 31% | 27% | 25% |
| नेट प्रॉफिट + | 60 | 67 | 54 | 100 | 133 |
| रुपये में ईपीएस | — | — | — | — | — |
| लाभांश भुगतान % | 0% | 0% | 0% | 0% | 0% |
Is Midwest stock good to buy? (bull case & bear case)
बुल केस:
- The company’s revenue grew from ₹502 crore to ₹626 crore in recent years, showing it is earning more every year.
- Profit after tax increased from ₹54 crore to ₹133 crore, showing the company is managing costs well and running efficiently.
- It has 16 granite mines and 2 processing units, giving it a strong capacity to produce quality stones.
- It is also expanding into quartz processing, diamond wire tools, and heavy mineral sand mining, which could bring more money in the future.
- The company exports to over 17 countries, with major markets in China, Italy, and the U.S., showing it has a strong global presence.
भालू का मामला:
- New projects need big investments, and delays or extra costs could hurt earnings.
- It works in a strictly regulated industry, so any changes in mining or environmental rules could cause problems.
- Dependence on exports makes the company sensitive to risks like tariffs, shipping issues, or lower demand abroad.
निष्कर्ष
It is a leading Indian company that mines, processes, and sells natural stones like Black Galaxy and Absolute Black Granite. It also works with quartz and makes diamond wire cutting tools. The company has 16 granite mines and two processing plants, managing everything from mining to making finished products like countertops and floors. Its sales and profits have been growing steadily, and it keeps low debt. It focuses on good quality, uses clean energy, and sells to countries like China and Italy.
