Midland Polymers share price
BSE: 531597Chemicals & Petrochemicals
Midland Polymers Ltd. · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Apr 1996
Last traded ₹23.90 on 3 Mar 2015
Latest announcements
Routine notices left out.
Oct 2026
22 Oct · Results
19 Oct · Board meeting
Meeting on 22 Oct 2026: quarterly results13 Oct · Board meeting
Meeting on 17 Oct 2026: quarterly results
Q2 results, quarter to Sep 2026
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹0.00 Cr
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- −₹0.31 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.30 Cr
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs−0.1
- Other expenses−0.2
- Operating profit−0.3
- Depreciation0.0
- Other income0.0
- Finance costs0.0
- Profit before tax−0.3
- Tax0.0
- Net profit−0.3
Midland Polymers results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
Peak revenue ₹0.06 Cr, quarter to Mar 2024; lowest ₹0.00 Cr, quarter to Dec 2023A loss in 10 of the 11 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Dec 2023Q3 | Mar 2024 | Jun 2024Q1 | Sep 2024Filed 13 Nov | Dec 2024Q3Filed 24 Jan | Mar 2025 | Jun 2025Q1Filed 30 Jul | Sep 2025Q2Filed 11 Nov | Dec 2025Q3Filed 31 Jan | Mar 2026Q4Filed 29 May | Jun 2026Q1Filed 12 Aug | Sep 2026Q2Filed 22 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 0.03 | 0.02 | 0.09 | 0.03 | 0.02 | – | 0.05 | 0.00 | 0.01 | 0.07 | 0.35 | 0.31 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | – | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.11 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | 0.03 | 0.02 | 0.08 | 0.01 | 0.01 | – | 0.04 | 0.00 | 0.01 | 0.06 | 0.35 | 0.20 |
| Operating profit before depreciation | −0.03 | 0.03 | −0.09 | −0.03 | −0.02 | – | −0.05 | 0.00 | −0.01 | −0.07 | −0.35 | −0.31 |
| Operating margin | – | 61.6% | – | – | – | – | – | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.03 | 0.03 | −0.09 | −0.03 | −0.02 | – | −0.05 | 0.00 | −0.01 | −0.07 | −0.32 | −0.30 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | – | 0.0% | – | – | – | – | – | – | – | – | – | – |
| Net profit | −0.03 | 0.03 | −0.09 | −0.03 | −0.02 | – | −0.05 | 0.00 | −0.01 | −0.07 | −0.32 | −0.30 |
| Net margin | – | 61.6% | – | – | – | – | – | – | – | – | – | – |
| Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary | −₹0.41 | ₹0.05 | −₹0.13 | −₹0.04 | −₹0.24 | – | −₹0.75 | −₹0.16 | −₹0.20 | −₹1.00 | −₹4.79 | – |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Dec 2021, Mar 2022, Jun 2022, Sep 2022, Dec 2022, Mar 2023, Jun 2023 and Sep 2023. The quarter to Mar 2025 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹0.23 Cr, year to Mar 2019; lowest ₹0.00 Cr, year to Mar 2026A loss in 2 of the 4 years with results on record
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2026
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.0
- Employee costs0.0
- Other expenses−0.1
- Operating profit−0.1
- Depreciation0.0
- Other income0.0
- One-off items0.0
- Finance costs0.0
- Profit before tax−0.1
- Tax0.0
- Net profit−0.1
What the company owns
- Plant, investments and other assets₹0 Cr
- Cash and bank₹0 Cr
What pays for it: net worth and liabilities
- Borrowings₹3 Cr
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the years to Mar 2017, Mar 2018, Mar 2020, Mar 2022 and Mar 2023. The year to Mar 2025 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures. The last column is the twelve months to Sep 2026, the latest four quarters added.
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026Filed 29 May | Sep 2026Twelve monthsFiled 22 Oct |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.23 | – | 0.20 | – | – | 0.06 | – | 0.00 | 0.00 |
| – | – | – | – | – | 0.52 | – | 0.14 | 0.74 | |
| Materials and goods bought | – | – | – | – | – | 0.00 | – | 0.00 | 0.00 |
| Employee costs | – | – | – | – | – | 0.00 | – | 0.02 | 0.13 |
| Other expenses | – | – | – | – | – | 0.52 | – | 0.12 | 0.61 |
| Operating profit before depreciation | – | – | – | – | – | −0.46 | – | −0.14 | −0.74 |
| Operating margin | – | – | – | – | – | −843.6% | – | – | – |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | – | – | – | – | – | 0.0% | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | – | – | – | – | – | 0.0% | – | – | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | – | – | – | – | – | 943.6% | – | – | – |
| Depreciation and amortisation | 0.00 | – | 0.00 | – | – | 0.00 | – | 0.00 | 0.00 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | – | – | – | – | −0.46 | – | −0.14 | −0.74 |
| Other income | 0.23 | – | 0.20 | – | – | 0.01 | – | 0.00 | 0.04 |
| Finance costs | 0.00 | – | 0.00 | – | – | 0.00 | – | 0.00 | 0.00 |
| One-off items | – | – | – | – | – | 0.00 | – | 0.00 | 0.00 |
| Profit before tax | 0.08 | – | 0.08 | – | – | −0.46 | – | −0.14 | −0.70 |
| Tax | −0.01 | – | 0.02 | – | – | 0.00 | – | 0.00 | 0.00 |
| Net profit | 0.09 | – | 0.06 | – | – | −0.46 | – | −0.14 | −0.70 |
| Net margin | 37.9% | – | 30.4% | – | – | −830.9% | – | – | – |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019 and Mar 2021: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.
Earlier years, Mar 2008 to Mar 2016
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.12 | 0.17 | – | – | – | 0.37 | 0.87 | 0.40 | 0.27 |
| – | – | – | – | – | 0.19 | – | – | 0.20 | |
| Materials and goods bought | 0.05 | 0.02 | – | – | – | – | – | – | – |
| Employee costs | – | – | – | – | – | 0.09 | – | – | 0.12 |
| Other expenses | – | – | – | – | – | 0.03 | – | – | 0.09 |
| Operating profit before depreciation | – | – | – | – | – | 0.19 | – | – | 0.07 |
| Operating margin | – | – | – | – | – | 49.8% | – | – | 26.2% |
| Employee costs, % of revenue | – | – | – | – | – | 23.6% | – | – | 42.1% |
| Other expenses, % of revenue | – | – | – | – | – | 7.9% | – | – | 31.8% |
| Depreciation and amortisation | 0.06 | 0.06 | – | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 |
| Operating profit after depreciation | – | – | – | – | – | 0.18 | – | – | 0.06 |
| Other income | 0.02 | 1.66 | 0.32 | 0.29 | 0.03 | – | – | – | – |
| Finance costs | – | – | – | – | – | 0.00 | – | – | 0.00 |
| One-off items | −0.37 | – | – | – | – | – | – | – | – |
| Profit before tax | −0.47 | 1.59 | 0.29 | 0.23 | 0.01 | 0.17 | 0.45 | 0.11 | 0.06 |
| Tax | – | – | – | – | 0.04 | 0.04 | 0.05 | −0.06 | −0.01 |
| Net profit | −0.47 | 1.59 | 1.22 | 0.56 | −0.02 | 0.14 | 0.39 | 0.17 | −0.11 |
| Net margin | −406.1% | 957.2% | – | – | – | 36.4% | 45.1% | 42.5% | −39.6% |
Standalone, ₹ crore, years to March.
Balance sheet
Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2026, after the latest full year: the balance sheet at its end.
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026Filed 29 May | Sep 2026Half yearFiled 22 Oct |
|---|---|---|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | −1.8 | – | −2.1 | 14.9 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 0.7 | – | 0.7 | 16.0 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | −2.5 | – | −2.8 | −1.1 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 2.3 | – | 2.5 | 1.6 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 2.3 | – | 2.5 | 1.7 |
| Liabilities due after a yearLiabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 0.0 | – | 0.0 | 0.0 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 0.5 | – | 0.4 | 16.6 |
| Assets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 0.0 | – | 0.0 | 16.1 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 0.5 | – | 0.4 | 0.5 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | 2.3 | – | 2.5 | 1.5 |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2019 and Mar 2021, so its lines and the ratios worked from it are blank there.
Cash flow
Standalone, ₹ crore, years to March. The last column is the half year to Sep 2026, after the latest full year: the cash flow over its six months.
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026Filed 29 May | Sep 2026Half year |
|---|---|---|---|---|
| Cash from operations. Cash the business brought in from its operations in the period, after paying suppliers, staff and tax. Cash from operations in the glossary | 1.6 | – | −0.1 | −0.6 |
| Cash generated before tax. Cash from operations before income tax paid: profit before tax, with non-cash items added back and the change in working capital. Cash generated before tax in the glossary | 1.6 | – | −0.1 | −0.6 |
| Change in working capital. Cash taken up, below nought, or released by the change in stock, money owed by customers, money owed to suppliers and other short-term items over the year. Change in working capital in the glossary | 4.6 | – | 0.0 | 0.1 |
| ReceivablesChange in receivables. Cash taken up, below nought, or released by the change in what customers owe. Change in receivables in the glossary | −0.5 | – | 0.0 | 0.0 |
| PayablesChange in payables. Cash kept, above nought, or paid out by the change in what the company owes suppliers. Change in payables in the glossary | 0.0 | – | 0.0 | 0.0 |
| Other working capitalOther working capital. The working-capital change from every other short-term item: advances, provisions, other assets and liabilities. Other working capital in the glossary | 5.1 | – | 0.0 | 0.1 |
| Capital spendingCapital spending. Cash spent in the period on plant, equipment, buildings and other long-lived assets. Capital spending in the glossary | 0.0 | – | 0.0 | 0.0 |
| Free cash flowFree cash flow. Cash from operations less capital spending: what is left to repay borrowings, pay dividends or keep. Free cash flow in the glossary | 1.6 | – | −0.1 | −0.6 |
| Cash from investing. Cash spent on, below nought, or received from plant, investments, businesses bought or sold, and interest and dividends received. Cash from investing in the glossary | 11.0 | – | 0.2 | −16.1 |
| Cash from financing. Cash raised from, or paid to, lenders and shareholders: borrowings taken and repaid, interest, lease payments, dividends and shares issued or bought back. Cash from financing in the glossary | −12.6 | – | 0.0 | 16.7 |
| Dividends paidDividends paid. Cash paid to shareholders as dividends during the period. Dividends paid in the glossary | 0.0 | – | 0.0 | 0.0 |
| Shares bought backShares bought back. Cash spent buying the company's own shares back from shareholders. Shares bought back in the glossary | 12.9 | – | 0.0 | 0.0 |
| Shares issuedShares issued. Cash raised by selling new shares. Shares issued in the glossary | 0.3 | – | 0.0 | 17.6 |
| Net change in cashNet change in cash. Cash from operations, investing and financing added together: how much cash and cash equivalents rose or fell over the year, before currency effects. Net change in cash in the glossary | 0.0 | – | 0.0 | 0.0 |
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2019 and Mar 2021.
Ratios
Standalone, years to March.
| Ratio | Mar 2024 | Mar 2025 | Mar 2026Filed 29 May |
|---|---|---|---|
| Return on equityReturn on equity. Profit belonging to shareholders as a percentage of their average net worth over the year. | 25.0%what Return on equity, Mar 2024, includes. This year's return on equity, asset turnover and assets per rupee of net worth are on its year-end balance sheet: none a year before is on record to average with. | – | –what Return on equity, Mar 2026, includes. This year's return on equity, asset turnover and assets per rupee of net worth are on its year-end balance sheet: none a year before is on record to average with. |
| Return on capital employedReturn on capital employed. Operating profit after depreciation divided by net worth plus borrowings at the year end, times 100: what the business earns on all the money in it. | −101.8% | – | −34.5% |
| Receivable daysReceivable days. Trade receivables divided by revenue, times 365: the average days customers take to pay. Receivable days in the glossary | 431 | – | – |
| Working capital daysWorking capital days. Assets turning to cash within a year, less cash, bank deposits and current investments, minus liabilities due within a year, less borrowings, divided by the year's revenue, times 365. Working capital days in the glossary | 2,960 | – | – |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | 0.12 | – | 0.00 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | −0.26 | – | −0.19 |
Debt to equity is left blank for the years to Mar 2024 and Mar 2026: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2019 and Mar 2021, so its lines and the ratios worked from it are blank there.
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.
- Return on assets, latest yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- −34.2%
| Measure | 3 years |
|---|---|
| Return on capital employed, averageReturn on capital employed, average. 3 years: The plain average of the yearly return on capital employed over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly return on capital employed over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly return on capital employed over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −68.1% |
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly asset turnover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.06 |
Where the cash came from and went
Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.
| ₹ crore | Latest year |
|---|---|
| Cash from operationsCash from operations. Latest year: Cash from operating activities in the latest year. 3 years: Cash from operating activities added over the last three years, needing every one of them. 5 years: Cash from operating activities added over the last five years, needing every one of them. | −0.15 |
| Cash from investingCash from investing. Latest year: Cash from investing activities in the latest year. 3 years: Cash from investing activities added over the last three years, needing every one of them. 5 years: Cash from investing activities added over the last five years, needing every one of them. | 0.15 |
| Cash from financingCash from financing. Latest year: Cash from financing activities in the latest year. 3 years: Cash from financing activities added over the last three years, needing every one of them. 5 years: Cash from financing activities added over the last five years, needing every one of them. | 0.00 |
| Capital spendingCapital spending. Latest year: Spending on property, plant and equipment in the latest year. 3 years: Spending on property, plant and equipment added over the last three years, needing every one of them. 5 years: Spending on property, plant and equipment added over the last five years, needing every one of them. | 0.00 |
| Dividends paidDividends paid. Latest year: Dividends paid in the latest year. 3 years: Dividends paid added over the last three years, needing every one of them. 5 years: Dividends paid added over the last five years, needing every one of them. | 0.00 |
| Shares bought backShares bought back. Latest year: Shares bought back in the latest year. 3 years: Shares bought back added over the last three years, needing every one of them. 5 years: Shares bought back added over the last five years, needing every one of them. | 0.00 |
| Shares issued for cashShares issued for cash. Latest year: Shares issued for cash in the latest year. 3 years: Shares issued for cash added over the last three years, needing every one of them. 5 years: Shares issued for cash added over the last five years, needing every one of them. | 0.00 |
| Borrowings raisedBorrowings raised. Latest year: Money raised by borrowing, as a positive amount, in the latest year; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. 3 years: Money raised by borrowing, as a positive amount, added over the last three years, needing every one of them; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. 5 years: Money raised by borrowing, as a positive amount, added over the last five years, needing every one of them; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. Borrowings raised in the glossary | 0.00 |
| Borrowings repaidBorrowings repaid. Latest year: Money paid back on borrowings, as a positive amount, in the latest year. 3 years: Money paid back on borrowings, as a positive amount, added over the last three years, needing every one of them. 5 years: Money paid back on borrowings, as a positive amount, added over the last five years, needing every one of them. | 0.00 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | −10.13 | – | 22.78 | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the year to Mar 2026 the company reports one business segment, Commodity chemicals, which carries all its revenue.
Who owns Midland Polymers, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters80.47%
- Individuals and others19.53%
Shareholding pattern, per cent, from Mar 2023
- Promoters
- Individuals and others
| Per cent | Dec 2016 | Mar 2017 | Jun 2017 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.03% | 9.03% | 9.03% | 9.03% | 9.03% | 9.03% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 80.47% | |
| Indian promoters | 9.03% | 9.03% | 9.03% | 9.03% | 9.03% | 9.03% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 5.66% | 80.47% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 90.97% | 90.97% | 90.97% | 90.97% | 90.97% | 90.97% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 94.34% | 19.53% |
| Shares in issue | 13,58,74,700 | 13,58,74,700 | 13,58,74,700 | 13,58,74,700 | 13,58,74,700 | 13,58,74,700 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 6,68,760 | 1,60,20,628 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. Shares locked in in the glossary | – | – | – | – | – | – | 5,45,150 | 5,45,150 | 5,45,150 | 5,45,150 | 5,45,150 | 5,45,150 | 5,45,150 | 5,45,150 | 5,45,150 | – | 37,850 | 1,53,89,718 |
| Promoters' shares locked in | – | – | – | – | – | – | 37,850 | 37,850 | 37,850 | 37,850 | 37,850 | 37,850 | 37,850 | 37,850 | 37,850 | – | 37,850 | 1,28,89,718 |
Filings before Mar 2023 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Midland Polymers promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Boreddy Gayathri, 27.97%.
| Holder | |||
|---|---|---|---|
| Boreddy GayathriIndividuals and Hindu undivided families | 27.97% | 44,81,137 | 99.96% |
| Radha Krishna AvudariIndividuals and Hindu undivided families | 18.64% | 29,86,248 | 100.00% |
| Shaik Mahammad AmaanIndividuals and Hindu undivided families | 18.64% | 29,86,248 | 100.00% |
| SREEDAR REDDY GIndividuals and Hindu undivided families | 15.22% | 24,37,850 | 100.00% |
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Midland Polymers, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016 | Mar 2017 | Jun 2017 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ramachandra Rao TummalaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 11.55% |
| Sanivarapu Navya ReddyResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4.06% |
| SANIVARAPU JHANSIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 44.86% | 1.87% |
| CHAPPIDI SIVA KUMAR REDDYResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 7.07% | 7.07% | – |
| SUSHANT MOHAN LALResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% | – |
| VIVEK SURANAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.74% | 3.74% | – |
| BHASKARA REDDY KASAResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.99% | 2.99% | – |
| MANOHAR MANCHURIResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.99% | 2.99% | – |
| SANNAREDDY BABU SURESHResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.99% | 2.99% | – |
| SMITHA POLINENIResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.99% | 2.99% | – |
| VENKATA SESHA REDDY MUDIMELAResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.99% | 2.99% | – |
| ASHISH SHANKAR PANDAREResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.50% | 1.50% | – |
| VANTEDDU LAKSHMI PRIYA DARSHINIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | 18.69% | 18.69% | – | – | – |
| ADITI VISHWANATH SAJJANARResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | – | – | – |
| PREM KUMAR BAJAJResident individuals, up to ₹2 lakh at face value | – | – | – | – | – | – | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | – | 1.50% | 1.50% | – | – | – |
| LAKSHMI PRIYA VANGURU DARSHINIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 18.69% | 18.69% | 18.69% | 18.69% | – | – | – | – | – |
| V. Lakshmi Priya DarshiniResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | 18.69% | 18.69% | 18.69% | – | – | – | – | – | – | – | – | – |
| TRIBHUVAN DEALTRADE PRIVATE LIMITEDCompanies | 1.17% | – | 1.05% | 3.22% | 3.22% | 3.22% | – | – | – | – | – | – | – | – | – | – | – | – |
| RAJESH KUMAR GUPTAResident individuals, over ₹2 lakh at face value | 1.15% | – | 1.15% | 2.72% | 2.72% | 2.72% | – | – | – | – | – | – | – | – | – | – | – | – |
| PRANESH DEALMARK PRIVATECompanies | – | – | – | 2.27% | 2.63% | 2.63% | – | – | – | – | – | – | – | – | – | – | – | – |
| SHIPRA DEYResident individuals, over ₹2 lakh at face value | 2.26% | – | 2.26% | 2.26% | 2.26% | 2.26% | – | – | – | – | – | – | – | – | – | – | – | – |
| SILVER COMMOSALE PRIVATE LIMITEDCompanies | 1.88% | – | 1.88% | 1.88% | 1.88% | 1.88% | – | – | – | – | – | – | – | – | – | – | – | – |
| NITINKUMAR ANANTRAI VORA .Resident individuals, over ₹2 lakh at face value | – | – | – | 1.75% | 1.75% | 1.75% | – | – | – | – | – | – | – | – | – | – | – | – |
| AVIN AGRAWALResident individuals, over ₹2 lakh at face value | 1.68% | – | 1.68% | 1.68% | 1.68% | 1.68% | – | – | – | – | – | – | – | – | – | – | – | – |
| VIDYADHAR RAMNARESH DUBEYResident individuals, over ₹2 lakh at face value | 1.60% | – | 1.60% | 1.60% | 1.60% | 1.60% | – | – | – | – | – | – | – | – | – | – | – | – |
| MARUTI GAUDEResident individuals, over ₹2 lakh at face value | 1.59% | – | 1.59% | 1.59% | 1.59% | 1.59% | – | – | – | – | – | – | – | – | – | – | – | – |
| ROCHITA DEYResident individuals, over ₹2 lakh at face value | 1.53% | – | 1.53% | 1.53% | 1.53% | 1.53% | – | – | – | – | – | – | – | – | – | – | – | – |
| BANKAT HANUMAN PRASAD MANDHANIAResident individuals, over ₹2 lakh at face value | 1.47% | – | 1.47% | 1.47% | 1.47% | 1.47% | – | – | – | – | – | – | – | – | – | – | – | – |
| SANJAY HANUMANPRASAD MANDHANIAResident individuals, over ₹2 lakh at face value | 1.45% | – | 1.45% | 1.45% | 1.45% | 1.45% | – | – | – | – | – | – | – | – | – | – | – | – |
| VIPUL BHAGWANDAS SHAHResident individuals, over ₹2 lakh at face value | 1.30% | – | 1.30% | 1.30% | 1.30% | 1.30% | – | – | – | – | – | – | – | – | – | – | – | – |
| CHETANA NITINKUMAR VORA .Resident individuals, over ₹2 lakh at face value | – | – | – | 1.18% | 1.18% | 1.18% | – | – | – | – | – | – | – | – | – | – | – | – |
| RAJESH DANGAYACH HUFOther non-institutions | 1.16% | – | 1.16% | 1.16% | 1.16% | 1.16% | – | – | – | – | – | – | – | – | – | – | – | – |
| SHOBHA DANGAYACHResident individuals, over ₹2 lakh at face value | 1.11% | – | 1.11% | 1.11% | 1.11% | 1.11% | – | – | – | – | – | – | – | – | – | – | – | – |
| ANITA DANGAYACHResident individuals, over ₹2 lakh at face value | 1.10% | – | 1.10% | 1.10% | 1.10% | 1.10% | – | – | – | – | – | – | – | – | – | – | – | – |
| KANCHANBEN ANANTRAI VORA .Resident individuals, over ₹2 lakh at face value | 1.09% | – | 1.09% | 1.09% | 1.09% | 1.09% | – | – | – | – | – | – | – | – | – | – | – | – |
| VEDANT COMMODEAL PRIVATE LIMITEDCompanies | – | – | – | – | – | 1.03% | – | – | – | – | – | – | – | – | – | – | – | – |
| NITIN ANANTRAI VORAResident individuals, over ₹2 lakh at face value | 1.75% | – | 1.75% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VISHAL VIJAY SHAHResident individuals, over ₹2 lakh at face value | 1.45% | – | 1.45% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| CHETNA NITIN VORAResident individuals, over ₹2 lakh at face value | 1.18% | – | 1.18% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.
Midland Polymers share price by year
Each calendar year to 2015.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2015 | 23.90 | −23.6% | 30.50 | 20.90 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2015 close is its last trade, on 3 Mar 2015.
Recent sessions
The 10 trading days to 3 Mar 2015, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 3 Mar 2015 | 23.90 | 23.90 | 23.90 | 23.90 | 23.90 | 6 |
| 2 Mar 2015 | 25.15 | 25.15 | 25.15 | 25.15 | 25.15 | 5 |
| 27 Feb 2015 | 26.45 | 26.45 | 26.45 | 26.45 | 26.45 | 1,41,950 |
| 25 Feb 2015 | 28.35 | 28.35 | 27.80 | 27.80 | 27.86 | 57,350 |
| 24 Feb 2015 | 28.90 | 28.90 | 28.35 | 28.35 | 28.57 | 2,39,900 |
| 23 Feb 2015 | 30.00 | 30.00 | 29.80 | 29.80 | 29.80 | 13,261 |
| 20 Feb 2015 | 30.75 | 30.75 | 30.40 | 30.50 | 30.50 | 1,36,600 |
| 19 Feb 2015 | 29.75 | 29.75 | 28.00 | 29.70 | 28.09 | 8,641 |
| 18 Feb 2015 | 28.55 | 28.55 | 26.00 | 27.20 | 28.20 | 4,031 |
| 16 Feb 2015 | 26.00 | 26.65 | 23.50 | 26.00 | 25.97 | 927 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 10 Jun 2013 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 10 Jun 2013 | Split | 0.1000 | Each share became 10. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- BSE code
- 531597
- ISIN
- INE046M01036
- Industry
- Chemicals & Petrochemicals
- Website
- www.midlandpolymers.com
- CIN
- L62013TS1992PLC178971
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1992
- Registered office
- Plot.No.8-2-603/23/3 & 8-2-603/23, 15, 2nd Floor, HSR Summit, Banjara Hills, Road No.10, Hyderabad 500034, Telangana
- Share registrar
- Purva Sharegistry (India) Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments