Good evening :)
Mishra Dhatu Nigam Ltd

Mishra Dhatu Nigam Ltd

MIDHANI Share Price

NSE
417.750.13% (-0.55)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹7,942 cr, stock is ranked 679

Stock is 3.24x as volatile as Nifty

MIDHANI Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹7,942 cr, stock is ranked 679

Stock is 3.24x as volatile as Nifty

MIDHANI Performance & Key Metrics

MIDHANI Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
58.865.610.29%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
24.973.181.39%

MIDHANI Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

MIDHANI Company Profile

Mishra Dhatu Nigam Ltd manufactures superalloys, titanium, and special steels, supplying to defense and strategic sectors, including energy and aerospace applications.

MIDHANI Similar Stocks (Peers)

Compare with peers Compare with peers 

MIDHANI Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
-42,97,499.42
-42,97,499.42
1Y Return
7.95%
7.95%
Buy Reco %
90.91
90.91
PE Ratio
6.26
6.26
1Y Return
80.79%
80.79%
Buy Reco %
71.43
71.43
PE Ratio
10.62
10.62
1Y Return
18.36%
18.36%
Buy Reco %
100.00
100.00
PE Ratio
29.27
29.27
1Y Return
9.48%
9.48%
Buy Reco %
66.67
66.67
PE Ratio
14.05
14.05
1Y Return
20.56%
20.56%
Buy Reco %
0.00
0.00
Compare with Peers

MIDHANI Sentiment Analysis

MIDHANI Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MIDHANI Stock Summary · June 2026

Strong results and robust visibility: management reported a Q4 record turnover of INR 552.7 crore (up 34.6% YoY) alongside an order book of roughly INR 2,290 crore, providing revenue runway as they scale aerospace and titanium capabilities. The tone was execution‑focused, highlighting capacity additions and a three‑year capex roadmap to debottleneck forging, bar‑rolling and wire‑drawing, completion of NADCAP heat‑treatment accreditation, an operational aerospace fastener unit and vertical integration to capture higher‑value aerospace work. Management also acknowledged recurring supply risks from imported high‑purity alloys and intermittent price volatility, framing a government‑backed metal bank as a short‑to‑medium‑term contingency to be operational in about four months alongside supplier diversification. They signaled continued order pursuit and commercialisation of titanium and advanced alloys, expect to secure additional orders in the coming year, and guided near‑term targets of roughly 15% top‑line growth with margin improvement tied to execution, revenue mix and the metal‑bank commissioning.

MIDHANI Stock Growth Drivers
MIDHANI Stock Growth Drivers
6
  • Record financial performance and improved profitability

    The company achieved its highest-ever quarterly and annual revenue and notable profit expansion: Q4 FY25-26

  • Robust order book and growing revenue visibility

    Order visibility has strengthened materially, with an open order book reported around INR 2,249–2,290 crore

MIDHANI Stock Challenges
MIDHANI Stock Challenges
5
  • Critical input scarcity and import dependence creating supply-chain exposure

    The company faces a structural shortage of domestically available high-purity alloy inputs — notably nickel,

  • Energy supply instability constraining production and growth

    Energy availability, especially LPG and overall energy stability, is repeatedly cited as a binding operational

MIDHANI Forecast

MIDHANI Forecasts

Price

Revenue

Earnings

MIDHANI

MIDHANI

Income

Balance Sheet

Cash Flow

MIDHANI Income Statement

MIDHANI Income Statement

Loading...

Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue413.63171.41270.93245.24418.22177.78218.84283.40567.30249.63
Operating & Other expensessubtract325.13140.15213.16185.52317.22136.33176.98221.02436.73202.88
Depreciation/Amortizationsubtract15.4615.2715.6916.1816.3516.1216.7716.8916.6716.60
Interest & Other Itemssubtract8.406.847.897.297.436.175.796.346.756.08
Taxes & Other Itemssubtract18.293.8510.3710.7321.026.196.3611.5129.257.61
EPS2.470.281.271.363.000.690.691.484.160.88

MIDHANI Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF

Investor Presentation

Dec 9PDF
FY 2020FY 2020

Annual report

PDF

Investor Presentation

Aug 8PDF
FY 2019FY 2019

Annual report

PDF

Investor Presentation

May 30PDF
FY 2018FY 2018

Annual report

PDF
 

MIDHANI Stock Peers

MIDHANI Past Performance & Peer Comparison

MIDHANI Past Performance & Peer Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Mishra Dhatu Nigam Ltd60.425.610.29%
Vedanta Aluminium Metal Ltd-42,97,499.42-24,55,713.95
Vedanta Ltd6.261.5912.20%
NLC India Ltd10.621.701.43%

MIDHANI Stock Price Comparison

Compare MIDHANI with any stock or ETF
Compare MIDHANI with any stock or ETF
MIDHANI
Loading...

MIDHANI Holdings

MIDHANI Shareholdings

MIDHANI Promoter Holdings Trend

MIDHANI Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MIDHANI Institutional Holdings Trend

MIDHANI Institutional Holdings Trend

Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 1.24%

Increased Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.24%

Tickertape Separator

MIDHANI Shareholding Pattern

MIDHANI Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.00%5.81%1.56%2.56%16.06%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

MIDHANI Shareholding History

MIDHANI Shareholding History

MarJunSepDec '25MarJun1.65%1.34%1.37%1.25%1.32%2.56%

Mutual Funds Invested in MIDHANI

Mutual Funds Invested in MIDHANI

No mutual funds holding trends are available

Top 5 Mutual Funds holding Mishra Dhatu Nigam Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
3.2160%0.24%-0.00%80/343 (-3)
1.2731%0.13%-0.01%161/273 (+76)
0.3259%0.50%-0.06%20/22 (-1)

Compare 3-month MF holding change on Screener

MIDHANI Insider Trades & Bulk Stock Deals

MIDHANI Insider Trades & Bulk Stock Deals

Loading...

smallcases containing MIDHANI stock

smallcases containing MIDHANI stock

Looks like this stock is not in any smallcase yet.

MIDHANI Events

MIDHANI Events

MIDHANI Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MIDHANI has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.29%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.95 every year

Dividends

Corp. Actions

Announcements

Legal Orders

MIDHANI Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MIDHANI has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.29%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.95 every year

MIDHANI Upcoming Dividends

MIDHANI Upcoming Dividends

No upcoming dividends are available

MIDHANI Past Dividends

MIDHANI Past Dividends

Cash Dividend

Ex DateEx DateMar 18, 2026

Interim
Interim | Div/Share: ₹0.85

Dividend/Share

0.85

Ex DateEx Date

Mar 18, 2026

Cash Dividend

Ex DateEx DateMar 25, 2025

Interim
Interim | Div/Share: ₹0.75

Dividend/Share

0.75

Ex DateEx Date

Mar 25, 2025

Cash Dividend

Ex DateEx DateMar 22, 2024

Interim
Interim | Div/Share: ₹1.41

Dividend/Share

1.41

Ex DateEx Date

Mar 22, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹1.67

Dividend/Share

1.67

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateMar 23, 2023

Interim
Interim | Div/Share: ₹1.68

Dividend/Share

1.68

Ex DateEx Date

Mar 23, 2023

MIDHANI Stock News & Opinions

MIDHANI Stock News & Opinions

Earnings
Earnings
Mishra Dhatu Nigam Ltd consolidated sales down 57.18% on year in Q2FY2026, net profit tumbled by 78.86%

Mishra Dhatu Nigam Ltd share price slipped 1.24% to Rs 428.35 after the company's net profit witnessed a sharp fall of 78.86% to Rs 16.47 crore, while revenue from operations nosedived 57.18% to Rs 227.47 crore in Q2FY26 over Q1FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.38 lakh crore, tanking 47.53%. It has inched up 3.88% over last one week and gained upto 4.04% in last one month while the market capitalization of Mishra Dhatu Nigam Ltd has improved by 3.06% and 1.60% in the same period respectively. Profit before tax (PBT) of Mishra Dhatu Nigam Ltd stood at Rs 24.07 crore in Q2 FY26, rallying 25.63% year-on-year, and crashing by 77.54% quarter-on-quarter. EBITDA came in at Rs 27 crore, declining 1.59% YoY and plunging by 73.79% sequentially. Total expenses slumped by 51.59% to Rs 219.48 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 112.16 crore, registering a fall of 22.71% YoY, while employee benefits expense was at Rs 37.31 crore, contracting 9.27% YoY. For the TTM ended FY26, revenue from operations grew marginally by 2.09% to Rs 1052.79 crore, while net profit saw a strong growth of 20.77% to Rs 110.84 crore, compared to previous TTM. EBITDA surged by 16814% to Rs 187.13 crore, and PBT registered a growth of 19.27% to Rs 156.81 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 216.96 crore in FY26, as against Rs 215.64 crore in FY25. Mishra Dhatu Nigam Ltd soared by 9.06% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.

2 weeks agoCapital Market - Live
Corporate
Corporate
Board of Mishra Dhatu Nigam recommends final dividend

Mishra Dhatu Nigam announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 1.25 per equity Share (i.e. 12.5%) , subject to the approval of the shareholders.

2 months agoCapital Market - Live
Corporate
Corporate
Mishra Dhatu Nigam schedules board meeting

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 29 May 2026.

3 months agoCapital Market - Live
Corporate
Corporate
Mishra Dhatu Nigam announces cessation of directors

Mishra Dhatu Nigam announced the cessation of V.T. Rema (DIN: 09561611), Ajay Kumar Chauhan (DIN: 09394953) and Aruna Sarap (DIN No: 09583629) as Part-time Non-official (Independent) Directors of the company with effect from 17 April 2026.

4 months agoCapital Market - Live
Corporate
Corporate
MIDHANI receives NADCAP accreditation for heat treatment facility

Mishra Dhatu Nigam's (MIDHANI) Heat Treatment facility has been awarded the prestigious NADCAP accreditation. This recognition reflects MIDHANI'fs commitment to the highest standards of quality, process control, and compliance with global aerospace industry requirements. Achieving NADCAP accreditation would further strengthen MIDHANI'fs capability to support critical aerospace and defence programs with world']class metallurgical processing. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Board of Mishra Dhatu Nigam recommends interim dividend

Mishra Dhatu Nigam announced that the Board of Directors of the Company at its meeting held on 13 March 2026, inter alia, have recommended the interim dividend of Rs 0.85 per equity Share (i.e. 8.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Mishra Dhatu Nigam to conduct board meeting

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 13 March 2026.Powered by Capital Market - Live

5 months agoCapital Market - Live
Earnings
Earnings
Mishra Dhatu Nigam consolidated net profit rises 8.31% in the December 2025 quarter

Net profit of Mishra Dhatu Nigam rose 8.31% to Rs 27.64 crore in the quarter ended December 2025 as against Rs 25.52 crore during the previous quarter ended December 2024. Sales rose 17.22% to Rs 274.55 crore in the quarter ended December 2025 as against Rs 234.22 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales274.55234.22 17 OPM %19.9022.39 - PBDT56.0452.43 7 PBT39.1536.25 8 NP27.6425.52 8 Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Corporate
Mishra Dhatu Nigam schedules board meeting

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

6 months agoCapital Market - Live
Spotlight
Spotlight
Mishra Dhatu Nigam secures Rs 158-crore order

Mishra Dhatu Nigam is engaged in the business of manufacturing superalloys, titanium, special-purpose steel, and other special metals. The company reported a 45.6% drop in consolidated net profit to Rs 12.96 crore, on a 19% decline in revenue from operations to Rs 207.76 crore in Q2 FY26 over Q2 FY25. Shares of Mishra Dhatu Nigam rose 0.33% to Rs 363.20 on the BSE.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Mishra Dhatu Nigam Ltd (MIDHANI) today?

    The share price of MIDHANI as on 28th August 2026 is ₹417.75. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Mishra Dhatu Nigam Ltd (MIDHANI) share?

    The past returns of Mishra Dhatu Nigam Ltd (MIDHANI) share are
    • Past 1 week: -0.63%
    • Past 1 month: 5.35%
    • Past 3 months: 0.60%
    • Past 6 months: 21.73%
    • Past 1 year: 13.51%
    • Past 3 years: 2.94%
    • Past 5 years: 129.69%

  3. What are the peers or stocks similar to Mishra Dhatu Nigam Ltd (MIDHANI)?
  4. What is the dividend yield % of Mishra Dhatu Nigam Ltd (MIDHANI) share?

    The current dividend yield of Mishra Dhatu Nigam Ltd (MIDHANI) is 0.29.

  5. What is the market cap of Mishra Dhatu Nigam Ltd (MIDHANI) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Mishra Dhatu Nigam Ltd (MIDHANI) is ₹7942.28 Cr as of 28th August 2026.

  6. What is the 52 week high and low of Mishra Dhatu Nigam Ltd (MIDHANI) share?

    The 52-week high of Mishra Dhatu Nigam Ltd (MIDHANI) is ₹456.60 and the 52-week low is ₹266.65.

  7. What is the PE and PB ratio of Mishra Dhatu Nigam Ltd (MIDHANI) stock?

    The P/E (price-to-earnings) ratio of Mishra Dhatu Nigam Ltd (MIDHANI) is 60.42. The P/B (price-to-book) ratio is 5.61.

  8. Which sector does Mishra Dhatu Nigam Ltd (MIDHANI) belong to?

    Mishra Dhatu Nigam Ltd (MIDHANI) belongs to the Materials sector & Metals - Diversified sub-sector.

  9. How to buy Mishra Dhatu Nigam Ltd (MIDHANI) shares?

    You can directly buy Mishra Dhatu Nigam Ltd (MIDHANI) shares on Tickertape. Simply sign up, connect your demat account and place your order.