Midwest (NSE:MIDWESTLTD) Research & Development: ₹5 Mil (TTM As of Mar. 2026)


NSE:MIDWESTLTD Midwest Ltd NSE:MIDWESTLTD
29 GF Score
Price ₹1,309.50
! 3 Warning Signs
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What is Midwest Research & Development?

Midwest NSE:MIDWESTLTD -1.27% 29 Research & Development is ₹5 Mil as of Mar. 2026. GuruFocus rates NSE:MIDWESTLTD with a GF Score™ of 29/100. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Midwest's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5 Mil.


Midwest  (NSE:MIDWESTLTD) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Midwest Research & Development Related Terms


Midwest Research & Development Historical Data

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The historical data trend for Midwest's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Midwest Research & Development Chart

Midwest Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Research & Development
15.52 17.96 18.75 0.00

Midwest Quarterly Data
Mar23 Mar24 Dec24 Mar25 Jun25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial 0.00 0.00 4.61 0.00 0.00
NSE:MIDWESTLTD
29GF Score
Midwest Ltd NSE:MIDWESTLTD
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Midwest Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹5 Mil mean?
Midwest (NSE:MIDWESTLTD) has a Research & Development of ₹5 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Midwest and its competitors.
Is Midwest's Research & Development too high?
Midwest's current Research & Development is ₹5 Mil. Overall, Midwest has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Midwest's Research & Development compare to CRH and VMC?
Midwest's Research & Development of ₹5 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Building Materials company?
A good Research & Development depends on the Building Materials industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Midwest and its competitors. Midwest's current Research & Development is ₹5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midwest stock overvalued right now?
Midwest (NSE:MIDWESTLTD) has a current Research & Development of ₹5 Mil. The current Research & Development is ₹5 Mil. Midwest's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Midwest (NSE:MIDWESTLTD), the current Research & Development is ₹5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Midwest Business Description

Other Exchanges 544587:India
Address Road No.12, Banjara Hills, 8-2-684/3/25 and 26, Hyderabad, TG, IND, 500 034
Midwest Ltd is engaged in the business of exploration, exploitation, manufacturing, processing, and selling of dressed Granite blocks, Slabs, and Diamond cutting wires. It is a natural stone company focused on the mining, processing, and export of Black Galaxy Granite and other premium granite varieties. The company operates a complete value chain from quarrying to distribution, serving markets across various countries. Midwest has expanded into related areas such as quartz processing and diamond wire manufacturing. Revenue is generated mainly through the sale and export of Black Galaxy granite to the Chinese market. It operates in three business segments: (i) Natural Stone Segment; (ii) Diamond Wire Segment; and (iii) Others (comprises scrap sales and export incentives received).
29GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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