Mishra Dhatu Nigam Ltd (MIDHANI)
₹392.70
Mkt cap
₹7,357 Cr
P/E ratio
56.20
P/B
4.81
Div yield
0.22%
ROE
8.88%
ROCE
11.30%
EPS (TTM)
₹6.99
Book value
₹82
52W range
270–450
Sector
Industrials
Mishra Dhatu Nigam Ltd (MIDHANI) manufactures superalloys, titanium, special purpose steel and other special metals. [1] It was incorporated in 1973 at Hyderabad as a Government of India Enterprise under the Ministry of Defence. [2] GoI still owns ~74% stake in the company after its IPO in 2018. [3]
Health check
Constructive
ValuationCheap
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−12.80% from high₹393
₹270+45.20% from low₹450
Current
₹392.70
Prev close
₹392.90
Day
−0.05%
Price performance
1D
−0.05%
1W
−4.11%
1M
−4.93%
3M
+4.46%
6M
+13.58%
1Y
−7.63%
YTD
+10.57%
Financials
FRevenue, profit & margin
P/E ratio
56.2×
MIDHANI is 16% below the sector median of 66.6×
MIDHANI56.2×
Sector median66.6×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 345 | 188 | 227 | 252 | 406 | 163 | 262 | 238 | 411 | 170 | 210 | 276 | 553 | |
| Expenses | 244 | 146 | 191 | 216 | 325 | 140 | 213 | 186 | 317 | 136 | 177 | 221 | 437 | |
| Operating Profit | 100 | 42 | 36 | 36 | 80 | 23 | 49 | 52 | 93 | 34 | 33 | 55 | 116 | |
| OPM % | 29% | 22% | 16% | 14% | 20% | 14% | 19% | 22% | 23% | 20% | 16% | 20% | 21% | |
| Other Income | 12 | 8 | 8 | 6 | 8 | 8 | 9 | 7 | 8 | 7 | 9 | 8 | 14 | |
| Interest | 8 | 9 | 9 | 9 | 8 | 7 | 8 | 7 | 7 | 6 | 6 | 6 | 7 | |
| Depreciation | 14 | 14 | 14 | 14 | 15 | 15 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | |
| Profit before tax | 90 | 27 | 21 | 19 | 65 | 9 | 34 | 36 | 77 | 19 | 19 | 39 | 107 | |
| Tax % | 27% | 31% | 33% | 34% | 28% | 43% | 31% | 30% | 27% | 33% | 33% | 30% | 27% | |
| Net Profit | 66 | 19 | 14 | 12 | 46 | 5 | 24 | 25 | 56 | 13 | 13 | 27 | 78 | |
| EPS in Rs | 3.53 | 0.99 | 0.74 | 0.67 | 2.48 | 0.27 | 1.26 | 1.35 | 3.00 | 0.68 | 0.68 | 1.47 | 4.15 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202674.00%Promoter
Promoters74.00%
FIIs2.57%1.25
DIIs7.37%0.44
Public16.06%0.79
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Hind.Aeronautics | ₹4,573.40 | 33.55 | 3,05,858 | 0.98% | 4,196 | +5.52% | 13,942 | +1.77% | 31.96% |
| Bharat Electron | ₹405.00 | 48.84 | 2,96,046 | 0.59% | 2,226 | +4.62% | 10,224 | +11.75% | 36.53% |
| Bharat Dynamics | ₹1,243.00 | 108.40 | 45,564 | 0.37% | 113 | −58.51% | 480 | −72.98% | 13.84% |
| Garden Reach Sh. | ₹2,565.80 | 39.30 | 29,392 | 0.54% | 303 | +24.14% | 2,119 | +29.06% | 42.96% |
| Data Pattern | ₹4,584.50 | 103.85 | 25,666 | 0.22% | 138 | +21.30% | 345 | −12.96% | 21.92% |
| Astra Microwave | ₹1,813.40 | 89.22 | 17,217 | 0.12% | 106 | +44.21% | 488 | +19.71% | 20.25% |
| Zen Technologies | ₹1,768.70 | 82.81 | 15,970 | 0.06% | 47 | −68.80% | 178 | −45.20% | 16.18% |
| Mishra Dhatu Nig | ₹392.70 | 56.25 | 7,357 | 0.22% | 78 | +38.49% | 553 | +34.63% | 11.30% |
| Median: 33 Co. | ₹764.30 | 66.59 | 4,344 | 0.02% | 20 | +21.30% | 175 | +29.06% | 15.30% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011bse
Concall transcripts25
TranscriptJun 2026RECJun 2026TranscriptFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025TranscriptJun 2025RECJun 2025TranscriptFeb 2025RECFeb 2025TranscriptNov 2024RECNov 2024TranscriptAug 2024TranscriptJun 2024TranscriptMar 2024TranscriptNov 2023TranscriptAug 2023TranscriptJun 2023TranscriptFeb 2023TranscriptNov 2022TranscriptAug 2022TranscriptJun 2022PPTDec 2020PPTAug 2019
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 18 JulCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 JulClosure of Trading Window 25 JunAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Jun - Investor Meet organised by Antique Stock Broking Limited on June 11, 2026 at 1600 hrs.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 Jun - Transcript of Investor Concall held on June 3, 2026.