Unlisted Shares
Midland Micro Finance Limited
Midland Micro Finance Limited (Unlisted)
Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About Midland Micro Finance Limited
Midland Microfinance Limited (MMFL), founded in 2011, is a Kerala-based microfinance institution (MFI) registered with RBI as an NBFC-MFI. The company focuses on providing financial and socially empowering services to women in rural and semi-urban areas through JLG (Joint Liability Group) and individual lending models.
Share Details
| company Name | Midland Micro Finance Limited (Unlisted) |
| indicative Unlisted Share Price | ₹244 |
| market Capitalization | ₹1027 Crore |
| lot Size | 100 |
| 52 Week High | ₹195 |
| 52 Week Low | ₹195 |
| face Value | ₹10 |
| book Value | 120.16 |
| pe Ratio | 30.55 |
| pb Ratio | 1.62 |
| debt To Equity | 3.16 |
| return On Equity | 5.35 |
| total Outstanding Shares | 52373407 |
| isin | INE884Q01015 |
| depository | NSDL & CDSL |
| pan | AAACS5185A |
| cin | U65923KL2011PLC027893 |
| rta | Skyline Financial Services |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Interest Earned | 207 | 355 | 449 | 805 |
| Other Income | 12 | 40 | 84 | 31 |
| Interest Expended | 104 | 188 | 204 | 272 |
| Operating Expenses | 9 | 110 | 183 | 294 |
| Provisions and Contingencies | 9 | 51 | 51 | 118 |
| PBT | 22 | 47 | 72 | 38 |
| PAT | 22 | 47 | 72 | 38 |
| EPS | 0.98 | 0.03 | 0.82 | 0.4 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Gross NPA (%) | 3.67 | 0.08 | 2.97 | 1.47 |
| Net NPA (%) | 0.98 | 0.03 | 0.82 | 0.4 |
| Advances | 1,034 | 1,528 | 2,027 | 2,136 |
| Book Value | 59.45 | 78.37 | 102.49 | 119.81 |
| P/B | 3.28 | 2.55 | 1.9 | 1.65 |
| ROE (%) | 8.13 | 13.53 | 14.77 | 5.35 |
Financial Annual Report Summary
Midland Microfinance has shown strong growth in its loan portfolio (Advances) and interest income. The company maintains healthy asset quality with low Gross NPA and consistent profitability.
Why Invest in Midland Micro Finance
- Strong growth in loan book (Advances).
- Excellent asset quality with very low NPAs.
- Consistent profitability and improving ROE.
- Typical NBFC-MFI debt-to-equity structure.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 11 | 12 | 16.5 | 18 |
| Cash and Balances | 482 | 328 | 0.5 | 378 |
| Investments | 15 | 80 | 52 | 187 |
| Advances | 1,034 | 1,528 | 2,027 | 2,136 |
| Other Assets | 27 | 44 | 52 | 62 |
| Total Assets | 1,569 | 1,990 | 2,521 | 2,763 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 65.5 | 65.5 | 67.8 | 52.3 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 225 | 302 | 440 | 587 |
| Borrowings | 1,129 | 1,138 | 1,864 | 1,980 |
| Deposits | 0 | 0 | 0 | 0 |
| Other Liabilities | 169.5 | 204.5 | 287.4 | 169.7 |
| Total Liabilities | 1,569 | 1,990 | 2,521 | 2,763 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
Debt to Equity ratio of 3.16. Strong growth in borrowings to support loan book expansion.
Liabilities Breakdown
Debt to Equity ratio of 3.16 (typical for NBFC-MFI).
Additional Insights
Healthy growth in Advances with good asset quality. Reserves growing steadily.
Cash Flow Insights
- Negative operating cash flow due to rapid loan book expansion (typical for MFIs).
- Funded through borrowings and equity.
Shareholding Pattern
Recent
Promoter: High
Institutional: Low
Public: Low
Promoters & Management
Professionally managed NBFC-MFI with strong focus on women empowerment and financial inclusion.
Key Management
Not Available on page
Registrar & Transfer Agent (RTA)
Registrar: Skyline Financial Services
Website: https://www.skylinerta.com/
Management Analysis
Focus on responsible lending, low NPA maintenance, and expanding outreach to underserved women in rural India.
Frequently Asked Questions About Midland Micro Finance Limited
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