Midwest is engaged in the business of exploration, mining, processing, marketing, distribution and export of natural stones, with an emphasis on sustainability. It is India’s largest producer and exporter of Black Galaxy Granite (a variety of Granite which is sparkling with flakes of a golden hue). It is also the largest producer in Absolute Black Granite (a variety known for its remarkable surface finish) in India, both of which have high demand.

Midwest major competitors are Pokarna, Murudeshwar Ceramics.
Market Cap of Midwest is ₹3,942 Crs.
While the median market cap of its peers are ₹1,555 Crs.

Midwest seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.