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Mishra Dhatu Nigam Ltd

Mishra Dhatu Nigam Ltd

MIDHANI Share Price

NSE
₹405.050.45% (-1.85)
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With a market cap of ₹7,622 cr, stock is ranked 697

Stock is 3.42x 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 ₹7,622 cr, stock is ranked 697

Stock is 3.42x as volatile as Nifty

MIDHANI Performance & Key Metrics

MIDHANI Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
56.495.390.31%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
24.283.061.43%

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
-41,91,111.17
-41,91,111.17
1Y Return
13.94%
13.94%
Buy Reco %
92.31
92.31
PE Ratio
6.01
6.01
1Y Return
54.17%
54.17%
Buy Reco %
75.00
75.00
PE Ratio
10.36
10.36
1Y Return
6.08%
6.08%
Buy Reco %
100.00
100.00
PE Ratio
28.82
28.82
1Y Return
9.81%
9.81%
Buy Reco %
75.00
75.00
PE Ratio
12.15
12.15
1Y Return
22.07%
22.07%
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 · August 2026

MIDHANI reported a strong quarter with turnover rising 40.46% year on year to Rs. 239.49 crore and profit after tax increasing 27.42% to Rs. 16.31 crore, even as management acknowledged margin pressure from sharply higher LPG costs and about Rs. 13 crores of raw material price variance. The company emphasized building on its core defense and nuclear franchise, supported by an order book of about Rs. 2,329 crore, while also expanding into higher-value alloys, titanium and new applications such as aerospace, where it completed isothermal forging for a fighter aircraft program and secured orders for four grades of super alloys and three grades of titanium alloys. Management also highlighted commercialization steps including S400 certification from General Electric USA for testing services, first commercial booking for rolling 7000-series aluminum alloy, and progress on the spring plant and bulletproof jacket program. On operations, scrap inventory was reduced by about Rs. 17 crores and the metal bank initiative was presented as a supply-chain support tool. Near term, management said margin pressure could continue into Q2 before normalizing from Q3, while FY27 capex is expected to stay modest at about Rs. 50 crore to Rs. 60 crore.

MIDHANI Stock Growth Drivers
MIDHANI Stock Growth Drivers
10
  • Strong Revenue, Profitability, and Production Momentum

    MIDHANI delivered a strong operating start to FY27, with turnover rising 40.46% year on year

  • Large Order Book and Near-Term Demand Visibility

    The company’s order book remains a major support for future performance, standing at about Rs.

MIDHANI Stock Challenges
MIDHANI Stock Challenges
5
  • Margin Compression from Fuel and Raw Material Inflation

    Profitability was materially hurt by sharp increases in operating inputs, especially LPG and key raw

  • Exposure to Competitive Pricing and Lower Structural Margins

    The company is moving away from nomination-based business toward a fully competitive bidding environment, which

MIDHANI Forecast

MIDHANI Forecasts

Price

Revenue

Earnings

MIDHANI

MIDHANI

Income

Balance Sheet

Cash Flow

MIDHANI Income Statement

MIDHANI Income Statement

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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 2026FY 2026

Annual report

PDF
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
 

MIDHANI Stock Peers

MIDHANI Past Performance & Peer Comparison

MIDHANI Past Performance & Peer Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Mishra Dhatu Nigam Ltd57.995.390.31%
Vedanta Aluminium Metal Ltd-41,91,111.17-23,94,920.67—
Vedanta Ltd6.011.5212.73%
NLC India Ltd10.361.441.46%

MIDHANI Stock Price Comparison

Compare MIDHANI with any stock or ETF
Compare MIDHANI with any stock or ETF
MIDHANI
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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)
3.5043%0.25%-0.00%85/340 (-11)
1.4067%0.13%-0.01%246/271 (-20)
0.3643%0.50%-0.02%19/21 (+1)

Compare 3-month MF holding change on Screener

MIDHANI Insider Trades & Bulk Stock Deals

MIDHANI Insider Trades & Bulk Stock Deals

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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 0.31%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.07 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 0.31%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.07 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

Spotlight
Spotlight
Mishra Dhatu Nigam Ltd leads gainers in 'A' group

Raymond Ltd, GE Vernova T&D India Ltd, Data Patterns (India) Ltd and Jubilant Pharmova Ltd are among the other gainers in the BSE's 'A' group today, 08 September 2026.Mishra Dhatu Nigam Ltd soared 11.51% to Rs 468.9 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 9.59 lakh shares were traded on the counter so far as against the average daily volumes of 1.08 lakh shares in the past one month. Raymond Ltd surged 10.36% to Rs 852.9. The stock was the second biggest gainer in 'A' group. On the BSE, 5.14 lakh shares were traded on the counter so far as against the average daily volumes of 81687 shares in the past one month. GE Vernova T&D India Ltd spiked 8.47% to Rs 4732.75. The stock was the third biggest gainer in 'A' group. On the BSE, 3.2 lakh shares were traded on the counter so far as against the average daily volumes of 53790 shares in the past one month. Data Patterns (India) Ltd spurt 6.98% to Rs 4911. The stock was the fourth biggest gainer in 'A' group. On the BSE, 90483 shares were traded on the counter so far as against the average daily volumes of 49362 shares in the past one month. Jubilant Pharmova Ltd exploded 6.63% to Rs 1016. The stock was the fifth biggest gainer in 'A' group. On the BSE, 45603 shares were traded on the counter so far as against the average daily volumes of 22868 shares in the past one month.

2 weeks agoCapital Market - Live
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.

1 month 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.

3 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.

4 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.

5 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

6 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

6 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

6 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

7 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

7 months agoCapital Market - Live

Frequently asked questions

  1. The share price of MIDHANI as on 25th September 2026 is ₹405.05. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Mishra Dhatu Nigam Ltd (MIDHANI) share are
    • Past 1 week: -1.98%
    • Past 1 month: -3.10%
    • Past 3 months: -1.94%
    • Past 6 months: 32.96%
    • Past 1 year: 2.78%
    • Past 3 years: 0.43%
    • Past 5 years: 118.83%

  3. The current dividend yield of Mishra Dhatu Nigam Ltd (MIDHANI) is 0.31.

  4. 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 ₹7622.86 Cr as of 25th September 2026.

  5. The 52-week high of Mishra Dhatu Nigam Ltd (MIDHANI) is ₹482.40 and the 52-week low is ₹266.65.

  6. The P/E (price-to-earnings) ratio of Mishra Dhatu Nigam Ltd (MIDHANI) is 57.99. The P/B (price-to-book) ratio is 5.39.

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

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