MIDHANI · NSE
Mishra Dhatu Nigam Limited
₹417.3
+2.32% (+₹9.45)
Prev. close
₹407.85
Volume
12,97,036
Delivery %
40.6%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Mishra Dhatu Nigam Limited
Mishra Dhatu Nigam Limited manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally. The company provides high value speciality steels, including ultra-high strength steel, armour grade plates, precipitation hardening steel, and ferritic, martensitic and austenitic stainless steels; cast superalloy single-crystal blade material for aero engines; and Titanium alloys, such as ingots, forged bars, rings, hot rolled plates, cold rolled sheets, hot rolled bars, cold drawn wires, titanium castings, bio implants, and fasteners. It also offers special products comprising personal and vehicle armour, aerospace-grade fasteners, and welding electrodes and precision springs. Mishra Dhatu Nigam Limited was incorporated in 1973 and is based in Hyderabad, India.
Details
Sector
Basic Materials
Industry
Steel
CEO
Mr. Padavittan Babu
Headquarters
Hyderabad
Employees
760
Website
midhani-india.inExchange
View on NSE ↗Key stats
Market cap
₹7,817.70 Cr
P/E ratio (TTM)
57.8
Dividend yield
0.61%
EPS (TTM)
₹7.22
Beta (1Y · daily vs NIFTY 50)
1.51
Beta (5Y · monthly vs NIFTY 50)
1.70
Shares float
4.87 Cr
EPS · quarter ended Jun 2026
₹0.88
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 2.6% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹813.23 Cr | ₹859.49 Cr | ₹871.94 Cr | ₹1,072.67 Cr | ₹1,052.79 Cr | ₹1,208.63 Cr | |
| EBITDA | ₹265.08 Cr | ₹293.61 Cr | ₹295.29 Cr | ₹224.09 Cr | ₹249.74 Cr | ₹275.59 Cr |
| ₹166.00 Cr | ₹177.00 Cr | ₹156.26 Cr | ₹91.78 Cr | ₹110.84 Cr | ₹131.47 Cr | |
| Diluted EPS | ₹8.88 | ₹9.43 | ₹8.34 | ₹4.9 | ₹5.92 | ₹7.02 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2,459.00 Cr | ₹2,779.00 Cr | ₹2,863.00 Cr | ₹2,905.00 Cr | ₹2,915.00 Cr | ₹3,221.00 Cr | |
| — | — | ₹488.65 Cr | ₹432.65 Cr | ₹349.76 Cr | ₹406.85 Cr | |
| Stockholders' equity | ₹1,071.00 Cr | ₹1,189.00 Cr | ₹1,285.00 Cr | ₹1,319.00 Cr | ₹1,415.00 Cr | ₹1,532.00 Cr |
CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹176.00 Cr | ₹52.00 Cr | ₹-35.00 Cr | ₹216.00 Cr | ₹217.00 Cr | ₹155.00 Cr | |
| Investing cash flow | ₹-114.95 Cr | ₹-102.91 Cr | ₹-2.95 Cr | ₹-65.16 Cr | ₹-96.17 Cr | ₹-149.58 Cr |
| ₹-37.00 Cr | ₹27.00 Cr | ₹43.00 Cr | ₹-148.00 Cr | ₹-126.00 Cr | ₹16.00 Cr | |
| Capital expenditure | ₹-159.00 Cr | ₹-126.00 Cr | ₹-73.00 Cr | ₹-79.00 Cr | ₹-68.00 Cr | ₹-49.00 Cr |
| End cash position | ₹33.87 Cr | ₹9.88 Cr | ₹14.29 Cr | ₹16.48 Cr | ₹10.88 Cr | ₹32.09 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Jun 26(20Q) |
|---|---|
| Promoter | 74.00% |
| Public | 26.00% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Mishra Dhatu Nigam Limited | ₹7,640.66 Cr | ₹417.3 | 56.4 | 4.99 | 8.6% | 0.27 | +12.3% | +2.8% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Show all 17
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
13 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
MIDHANI Share Price Today: Price Fall and Valuation Check
Mishra Dhatu Nigam (MIDHANI) share price fell 5.23% to Rs 424.4, bringing its market capitalization to Rs 8,389.09 crore. The stock's P/E ratio of 62.16 and P/B ratio of 5.42 are significantly higher than industry benchmarks. This decline puts the mid-cap stock in focus due to its valuation metrics relative to profitability.
MIDHANI Reports Record Revenue of ₹1,208.63 Cr
Mishra Dhatu Nigam Limited (MIDHANI) reported record revenue of ₹1,208.63 crore for fiscal year 2025-26, a 12.52% year-on-year increase. The company also achieved its highest-ever Value of Production and EBITDA, driven by strong performance in Defence, Aerospace, and Energy sectors. MIDHANI nearly doubled titanium alloy production and developed cast single-crystal superalloy material for aero-engine blades.