Mishra Dhatu Nigam Limited share price
NSE: MIDHANI · ISIN INE099Z01011
Key numbers
- Market cap
- ₹ 7,588 Cr
- Current price
- ₹ 405.05
- 52-week high / low
- ₹ 482 / 267
- Stock P/E
- 56.2
- Book value
- ₹ 81.8
- Dividend yield
- 0.62%
- ROCE
- 11.3%
- ROE
- 8.9%
- Debt to equity
- 0.27
- Sales growth (3 yrs)
- 11.6%
- Profit growth (3 yrs)
- -5.6%
- 1-year return
- 2.6%
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.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 169 | 208 | 275 | 531 | 227 |
| Operating profit | 34 | 33 | 55 | 116 | 37 |
| Net profit | 13 | 13 | 28 | 78 | 16 |
| EPS (₹) | 0.69 | 0.69 | 1.48 | 4.16 | 0.88 |
Concall summary (2026-08-22)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- 2, 329 crore, providing good visibility for the coming quarter.
- 600 crores worth of orders are there, and we expect it to increase only.
Growth & demand
- 239.49 crore during the quarter, registering a growth of 40.46% over the same quarter last year.
- 260.36 crore with a growth of 7.9% against the corresponding quarter of previous year.
Margins & costs
- If you see that in before FY '24, you are doing a margin of around in the range of 24% to 26%.
- So, just wanted to understand when can we start to secure 25 % to 28% kind of the margin again because as you said that mix started to improve from here on, especially on the titanium side.
Capex & expansion
- We have also conducted one seminar on artificial intelligence because we know that artificial intelligence is going in a big way and how AI can be used in metallurgical processing industries, particularly for a specialized super alloy and titanium alloy plant like MIDHANI .
- So, this is another thing , a nd the spring plant that we have in our campus, we have started working.
Balance sheet & cash
- So, it won't impact our, release our working capital.
Peers in Steel
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