MID INDIA INDUSTRIES LTD. (MIDINDIA) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of MID INDIA INDUSTRIES LTD. ₹2.02, price ₹5.80, upside -65.2%, quality 65 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹0.8200 – ₹44.25 · fair‑value band ₹1.08 – ₹2.50 · the ₹5.80 price screens above the ₹2.02 fair value. Dashed = 300-day average. As of Oct 3, 2026.
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Mid India Industries Limited manufactures and trades in cotton and polyester cotton blended yarn in India. It also offers multi fold yarn for use in carpets, tufting, and other industrial fabrics. The company was formerly known as Mid India Spinning Limited. Mid India Industries Limited was incorporated in 1991 and is based in Indore, India.
Stock analysis
MID INDIA INDUSTRIES LTD. (MIDINDIA) currently trades at ₹5.80, while our model-based Fair Value estimate is ₹2.02, 65.2% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹7.89 per share, and 5 of the 20 models we run sit above the ₹5.80 price.
Bear case: the Growth DCF group reads lowest at ₹1.32, and 15 of the 20 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹1.08 (bear) to ₹2.50 (bull), the price of ₹5.80 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Other sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
MID INDIA INDUSTRIES LTD. reported revenue of ₹131M in FY2026 versus ₹187M in FY2022, a compound −8.5%/yr. Reported net income was ₹3.0M in FY2026, compounding −12.9%/yr from FY2022.
Key figures
Market cap ₹94.5M (≈ $982K) · P/E ratio 48.3 · P/S ratio 1.10 · EPS (TTM) ₹0.1200 · Net margin 2.3% · Return on assets (EBIT) 2.5% · Operating margin −5.2% · Revenue (TTM) ₹137M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 29% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Other peers we cover trades at 49% fair-value upside, at −65%, MIDINDIA screens richer than that median.
Fair Value models
Bear ₹1.08Fair Value ₹2.02Bull ₹2.50
Price ₹5.80 · Upside -65.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹0.0615 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+107.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.1%
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−8.4%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−10.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.5%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−38% → 2%
⚠ Revenue per share shrinking 14.3%/yr over ~8Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+55.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +49.3% a year for the price.
Compare MID INDIA INDUSTRIES LTD. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other · 124 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside−65.2% · Bottom 25%
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets5.8% · Top 25%
Net margin (TTM)1.3% · Below median
Operating margin (TTM)−5.2% · Bottom 25%
Growth and dividend
Revenue growth36.6% · Top 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Other median · lower = cheaper
P/E (TTM)48.3× · Priciest 25%
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (TTM)0.69× · Cheaper than median
P/FCF132.4× · Priciest 25%
EV/EBITDA64.4× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 27
FUTURE (revenue growth)100· sector 0
PAST (return on equity)0· sector 0
HEALTH (low debt)0· sector 99
DIVIDEND (yield)0· sector 24
VALUE 0: the price sits above our fair-value range.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "MID INDIA INDUSTRIES LTD. Fair Value". https://www.fairvalue-calculator.com/stock/MIDINDIA
Frequently asked questions
Is MID INDIA INDUSTRIES LTD. (MIDINDIA) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹2.02 versus a price of ₹5.80, about −65% upside (overvalued).
What is the fair value of MIDINDIA?
Our model-based fair value for MID INDIA INDUSTRIES LTD. is ₹2.02 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹5.80.
What is the quality score of MIDINDIA?
MID INDIA INDUSTRIES LTD. has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for MID INDIA INDUSTRIES LTD. (MIDINDIA)?
Our model-based price target is the fair value of ₹2.02 (as of Oct 3, 2026) from 20 valuation models. Cautious scenario ₹1.08, optimistic scenario ₹2.50. It is a calculation from audited fundamentals, not an analyst target.
What is the MID INDIA INDUSTRIES LTD. stock forecast for 2026?
Our models put fair value at ₹2.02, about −65% upside versus a price of ₹5.80 (overvalued). Cautious scenario ₹1.08, optimistic scenario ₹2.50. The calculation is refreshed regularly with new filings.
What is the revenue of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
MID INDIA INDUSTRIES LTD. reported trailing-twelve-month revenue of about ₹137M (latest available figure, as of Oct 3, 2026).
What growth is priced into MID INDIA INDUSTRIES LTD. (MIDINDIA)?
For today's price to be fair in a discounted-cash-flow model, MID INDIA INDUSTRIES LTD. would have to grow free cash flow by +55.4 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +56.7 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of MIDINDIA use?
Our models discount MID INDIA INDUSTRIES LTD. at 12.4 %: a base by market capitalisation (nano), country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For MID INDIA INDUSTRIES LTD. that is +55.4 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has MID INDIA INDUSTRIES LTD. (MIDINDIA) delivered so far?
Over the past 5 years revenue at MID INDIA INDUSTRIES LTD. grew +56.7 % a year. The price currently implies +55.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of MID INDIA INDUSTRIES LTD. (MIDINDIA) growing?
The median revenue growth in the sector is +8.9 % a year. That is the yardstick for the growth priced into MID INDIA INDUSTRIES LTD. (+55.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
The free-cash-flow yield on the price is 0.76 %: that much free cash flow MID INDIA INDUSTRIES LTD. produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MID INDIA INDUSTRIES LTD. it is ₹2.02 per share (as of Oct 3, 2026), against a price of ₹5.80. It is the blended result of 20 valuation models (cash flow, earnings, asset, dividend).
Is MID INDIA INDUSTRIES LTD. stock overvalued or undervalued in 2026?
As of Oct 3, 2026, MIDINDIA trades above its calculated fair value: price ₹5.80, fair value ₹2.02, a gap of about −65% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MIDINDIA?
No. The price is what the market pays today (₹5.80); the fair value is what the company's own numbers justify (₹2.02). For MID INDIA INDUSTRIES LTD. the two are ₹3.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is MID INDIA INDUSTRIES LTD. worth?
The market values MID INDIA INDUSTRIES LTD. at about ₹94.5M (market capitalisation, as of Oct 3, 2026). Per share that is ₹5.80; our models calculate a fair value of ₹2.02 per share.
What do the bullish and bearish scenarios say about MIDINDIA?
Our models span a range for MID INDIA INDUSTRIES LTD.: cautious scenario ₹1.08, base ₹2.02, optimistic ₹2.50 per share (as of Oct 3, 2026, price ₹5.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MIDINDIA?
MID INDIA INDUSTRIES LTD. trades at a price-to-earnings ratio of 48.3 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹2.02 is built from several models across several years. Other multiples: P/S 0.7, EV/EBITDA 64.4.
How solid is the balance sheet of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
Balance-sheet figures for MID INDIA INDUSTRIES LTD. (as of Oct 3, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is MIDINDIA from its 52-week high?
MID INDIA INDUSTRIES LTD. trades at ₹5.80, about 29% below its 52-week high of ₹8.20 and 10% above the low of ₹5.26 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹2.02 is for.
Which stocks are comparable to MID INDIA INDUSTRIES LTD.?
From the same area (Other) we also value Navient Corporation, 542772, Newtek Business Services Corp, 532468, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is MID INDIA INDUSTRIES LTD. stock attractive at the current price?
The data as of Oct 3, 2026: price ₹5.80, calculated fair value ₹2.02 (−65%), Quality Score 65/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MIDINDIA calculated?
We run MID INDIA INDUSTRIES LTD. through 20 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹2.02, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. MID INDIA INDUSTRIES LTD. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
The closing price on Oct 1, 2026 was ₹5.80. Our model-based fair value is ₹2.02, about −65% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MID INDIA INDUSTRIES LTD. right now?
The price sits above even our optimistic bull case (₹2.50). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹1.08 to ₹2.50) leaves room in how you read the outcome.
Key figures of MID INDIA INDUSTRIES LTD.
How large is the market capitalisation of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
The market capitalisation of MID INDIA INDUSTRIES LTD. is ₹94.5M (≈ $982K). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
The price-to-sales ratio of MID INDIA INDUSTRIES LTD. is 1.10 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
Earnings per share at MID INDIA INDUSTRIES LTD. are ₹0.1200 (price ÷ EPS = P/E 48.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
The net margin of MID INDIA INDUSTRIES LTD. is 2.3% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
On an EBIT basis the return on assets of MID INDIA INDUSTRIES LTD. is 2.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of MID INDIA INDUSTRIES LTD. (MIDINDIA)?
The operating margin of MID INDIA INDUSTRIES LTD. is −5.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MID INDIA INDUSTRIES LTD. (MIDINDIA)?
Revenue at MID INDIA INDUSTRIES LTD. is growing +36.6% versus a year earlier (3y avg −3.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
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