IDEAFORGE vs MIDHANI: Stock Comparison

Ideaforge Technology Limited vs Mishra Dhatu Nigam Limited

Live data: 18 May 2026, 4:01 PM IST • Source: NSE and company filings

Mishra Dhatu Nigam Limited is the larger company by market capitalisation. Ideaforge Technology Limited shows a lower P/E and lower leverage, while Mishra Dhatu Nigam Limited shows a higher ROE, a higher dividend yield and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Ideaforge Technology Limited and Mishra Dhatu Nigam Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, IDEAFORGE is more favourable on 2 of 13 scored metrics and MIDHANI on 11These counts are context-free and are not an overall rating.

Key Differences

Market Cap
MIDHANI is the larger company
₹7,444 Cr vs ₹3,733 Cr
P/E Ratio
IDEAFORGE has a lower P/E
-221.06x vs 55.8x
P/B Ratio
MIDHANI has a lower P/B
4.79x vs 6.28x
EPS
MIDHANI has higher earnings per share
₹7.05 vs ₹-23.6
Dividend Yield
MIDHANI has a higher dividend yield
0.21% vs 0%
Revenue Growth (TTM YoY)
MIDHANI has faster revenue growth
34.6% vs -56.66%
EPS Growth (TTM YoY)
MIDHANI has faster EPS growth
38.7% vs 0%
Qtr Sales Growth
MIDHANI has stronger quarterly sales growth
34.6% vs 9.87%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricIDEAFORGEMIDHANI
SectorCapital GoodsCapital Goods
IndustryAerospace & DefenseAerospace & Defense

Price

MetricIDEAFORGEMIDHANI
Live Price₹817.7₹397.1
Day Change-0.12%1.12%
Volume16.47 L2.96 L
52-Week High₹888₹454.8
52-Week Low₹366₹266.65
Distance from 52W High-7.92%-12.69%

Valuation

MetricIDEAFORGEMIDHANI
Market Cap₹3,733 Cr₹7,444 Cr
P/E Ratio-221.06x55.8x
P/B Ratio6.28x4.79x
EPS₹-23.6₹7.05
Book Value₹141.29₹81.81
Dividend Yield0%0.21%

Growth

MetricIDEAFORGEMIDHANI
Revenue Growth (TTM YoY)-56.66%34.6%
EPS Growth (TTM YoY)0%38.7%
Qtr Sales Growth9.87%34.6%
Qtr Profit Growth-42.9%38.6%

Profitability & Leverage

MetricIDEAFORGEMIDHANI
ROE-2.84%8.92%
ROCE-9.69%11.3%
Net Margin-7.53%11.12%
Operating Margin-7.06%19.7%
Debt to Equity0.12x0.27x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricIDEAFORGEMIDHANI
Promoter Holding24.56% 4.37 pp74%
FII Holding4.89% 4.16 pp2.56% 1.24 pp
DII Holding2.69% 1.19 pp7.37% 0.45 pp
Public Holding63.46% 0.97 pp16.06% 0.8 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Ideaforge Technology Limited and Mishra Dhatu Nigam Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.