Financial Services • Microfinance (NBFC-MFI)

Midland Microfin Limited is a microfinance company headquartered in Jalandhar, Punjab. It is registered with the Reserve Bank of India as an NBFC-MFI. Its main business is small loans to women entrepreneurs in rural and semi-urban areas, mostly through the Joint Liability Group (JLG) model, where a group of borrowers stands behind each other's loans. It also offers other products such as vehicle loans and solar-linked loans. The annual report for FY26 shows a company that is still growing. Assets under management were ₹3,207.85 crore, with 1,080,733 active borrowers. The branch network was 613 at 31 March 2026, up from 517 a year earlier, and the report says it had reached 636 branches by the date of the report. The company works in 16 states and 2 union territories and added 4 new states during the year. In the financial statements (the report gives one set, standalone), total revenue from operations for FY26 was ₹6,369.57 million (about ₹637 crore) and profit for the year was ₹347.64 million, up from ₹266.73 million in FY25. Total assets rose to ₹35,176.64 million. Gross NPA stood at 1.99% and net NPA at 0.64%, and the capital adequacy ratio was 29.44%. Mr. Amardeep Singh Samra is the Managing Director and is listed as a promoter in the annual report. Mr. Parveen Kumar Gupta is the Chairman and an independent director. The board also has a nominee director, Mr. Sachin Nithyanand Kamath. The company's equity shares are not listed on any stock exchange, and the report confirms this. IPO Guru does not show an IPO filing for this company yet. Unlisted shares of a company like this are dealt off-market between private buyers and sellers, so the price shown here is only indicative. It was ₹195 per share on 14 October 2026, with a lot size of 500 shares. This is not a recommendation to buy or sell.
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Data refreshed 08 Nov 2026, 10:00 pm IST.