Mid India Industries Ltd vs Promact Plastis Ltd Stock Comparison

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Last Updated on: Oct 31, 2026

Key Highlights

The Latest Trading Price of Mid India Industries Ltd is ₹ 6.2 as of 19 Jun 15:30 . The P/E Ratio of Mid India Industries Ltd changed from 26.8 on March 2022 to 29.2 on March 2026 . This represents a CAGR of 1.73% over 5 yearsThe P/E Ratio of Promact Plastis Ltd changed from 3.6 on March 2023 to 0 on March 2026 . This represents a CAGR of -100.00% over 4 years The Market Cap of Mid India Industries Ltd changed from ₹ 5.71 crore on March 2021 to ₹ 8.57 crore on March 2026 . This represents a CAGR of 7.00% over 6 yearsThe Market Cap of Promact Plastis Ltd changed from ₹ 3.41 crore on March 2021 to ₹ 6.71 crore on March 2026 . This represents a CAGR of 11.94% over 6 years The revenue of Mid India Industries Ltd for the Sep '26 is ₹ 0 crore as compare to the Jun '26 revenue of ₹ 2.04 crore. This represent the decline of -100% The revenue of Promact Plastis Ltd for the Sep '26 is ₹ 8.7 crore as compare to the Jun '26 revenue of ₹ 26.29 crore. This represent the decline of -66.91% The ebitda of Mid India Industries Ltd for the Sep '26 is ₹ 0 crore as compare to the Jun '26 ebitda of ₹ -0.1 crore. This represent the decline of -100% The ebitda of Promact Plastis Ltd for the Sep '26 is ₹ 0.28 crore as compare to the Jun '26 ebitda of ₹ 19.8 crore. This represent the decline of -98.59% The net profit of Mid India Industries Ltd changed from ₹ -0.11 crore to ₹ 0 crore over 10 quarters. This represents a CAGR of -100.00% The net profit of Promact Plastis Ltd changed from ₹ -0.15 crore to ₹ 0.19 crore over 10 quarters. This represents a CAGR of NaN% The Dividend Payout of Mid India Industries Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of Promact Plastis Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .

About Mid India Industries Ltd

Mid India Industries Limited was initially incorporated as Mid India Spinning Company Limited in March 1991.
The name of the Company was changed to Mid India Industries Limited in February 1995 with necessary shareholders' resolution and due approval from the ROC. Company is engaged in manufacturing of cotton textiles, yarn, fabrics & other textile products.
MIIL is a 100% export-oriented spinning unit, mainly promoted by R P Ganediwal and Others. The company's unit is located in Mandsaur, a rich cotton-growing area in Madhya Pradesh.
It went public in Mar.'93 to meet the entire capital requirement for the first phase of the installation of 12,480 spindles at a cost of Rs 16.3 cr.
The plant is equipped with state-of-the-art spinning machines.

About Promact Plastis Ltd

Promact Plastics Limited was incorporated on March 26, 1985 as a private limited at Ahmadabad and subsequently converted into a public limited company on February 15, 1993 and a certificate to that effect was obtained from the office of the Registrar of Companies, Gujarat on March 24, 1993. The company started commercial production in 1986-87 with an installed capacity utilization of 81%.
In 1989-90 the plant was enhanced by way of installing Tidied Tape time, increasing the instated capacity to 532 TPA. The company was able to achieve 100% capacity utilization on the enhanced capacity in 1990-91.
In 1991-92 the company added one more tapeline to increase the instated capacity has been able to achieve more than 100% capacity utilization on the increased capacity. But however, in 2014-15, the Company had discontinued the running business of HDPE/PP Woven Bags, Fabrics and Tarpaulin due to unviable operations.

FAQs for the comparison of Mid India Industries Ltd and Promact Plastis Ltd

Which company has a larger market capitalization, Mid India Industries Ltd or Promact Plastis Ltd?

Market cap of Mid India Industries Ltd is 9 Cr while Market cap of Promact Plastis Ltd is 8 Cr

What are the key factors driving the stock performance of Mid India Industries Ltd and Promact Plastis Ltd?

The stock performance of Mid India Industries Ltd and Promact Plastis Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Mid India Industries Ltd and Promact Plastis Ltd?

As of October 31, 2026, the Mid India Industries Ltd stock price is INR ₹5.6. On the other hand, Promact Plastis Ltd stock price is INR ₹13.77.

How do dividend payouts of Mid India Industries Ltd and Promact Plastis Ltd compare?

To compare the dividend payouts of Mid India Industries Ltd and Promact Plastis Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.