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Mishra Dhatu Nigam
Mid Cap•770 Employees•IPO 2018
Current Price
₹344.15
-2.1 (-0.61%)Updated
Today's Range
₹336.85
₹362.00
₹344.15
52 Week Range
52W Low₹226.93
52W High₹469.00
₹344.15
Downside51.65%
Upside36.28%
Price Chart
Compare with Peers
Historical Ratios
Track top 12 most important financial ratios
P/E Ratio: Price to Earnings - Most used valuation metric
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Analyzing Investment Quality
Processing 9 key metrics...
Key Metrics
Hover for details
Valuation
Market Cap
₹6,750.8 Cr
Market Cap
Total market value of companyP/E Ratio
61.50
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)P/B Ratio
4.90
P/B Ratio
Price to Book Value. <3 may indicate undervaluationEPS
₹5.85
EPS
Earnings Per Share. Higher and growing is positiveProfitability
ROE
4.84%
ROE
Return on Equity. >15% is good, >20% is excellentROCE
10.60%
ROCE
Return on Capital Employed. >15% is goodNet Margin
10.29%
Net Margin
Net profit as % of revenue. >10% is goodOperating Margin
-%
Operating Margin
Operating profit margin. >15% is goodGrowth
EPS Growth (5Y)
-6.86%
EPS Growth (5Y)
5-year EPS growth. >15% is strongRevenue Growth (5Y)
8.54%
Revenue Growth (5Y)
5-year revenue growth. >10% is goodQtr Sales Growth
4.31%
Qtr Sales Growth
Quarter-over-quarter sales growthQtr Profit Growth
145.00%
Qtr Profit Growth
Quarter-over-quarter profit growthFinancial Health
Debt/Equity
0.25
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellentBook Value
₹75.53
Book Value
Net asset value per shareDividend Yield
-%
Dividend Yield
Annual dividend as % of price. >2% is goodPromoter Holding
74.00%
Promoter Holding
Promoter stake. >50% shows confidenceGood
Average
Needs Attention
SWOT Analysis
Strengths
5 points- •Mishra Dhatu Nigam Ltd (MIDHANI) boasts a robust promoter holding of 74%, signaling strong confidence in its long-term prospects and operational stability. This high ownership stake minimizes risks from hostile takeovers, reassuring investors.
- •The company demonstrates impressive quarterly profit growth, with a significant 145% variation, indicating strong recent operational performance and potential for sustained earnings momentum. This highlights effective cost management and demand.
Weaknesses
5 points- •MIDHANI's high P/E ratio of 61.00, significantly above some peers like HAL (37.83), suggests potential overvaluation. This valuation demands strong future growth to justify current stock price levels.
- •The company exhibits relatively modest returns on equity (ROE) of 8.10% and capital employed (ROCE) of 10.60%, which are lower than several industry peers, indicating less efficient capital utilization.
Opportunities
4 points- •The growing global and domestic demand for advanced materials in the Aerospace & Defense sector presents significant expansion opportunities for MIDHANI. Increased government spending and modernization initiatives will drive growth.
- •MIDHANI can capitalize on opportunities for product diversification and technological innovation, developing new specialized alloys and components for emerging defense and space applications. This could unlock new revenue streams.
Threats
4 points- •Intense competition from established players like HAL, BEL, and Data Patterns in the Aerospace & Defense sector could pressure MIDHANI's market share and pricing power. This competitive landscape demands continuous innovation.
- •Dependency on specific raw materials, potentially subject to price volatility or supply chain disruptions, could impact MIDHANI's production costs and profitability. Geopolitical events may exacerbate these risks.
Segment-wise Financial Analysis
Financial Results
Balance Sheet
Standalone • Annual • All amounts in ₹ Crores • CA Schedule III Format
No Balance Sheet Data Available
Standalone annual data is not available for this symbol.
Try switching to Consolidated view.
Shareholding Pattern
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Company Insider Trading Activity
No insider trading data available
Corporate Action
Company Announcements
Technical Analysis & Indicators
Standard pivot points - most widely used
Pivot Points (CLASSIC)
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹408.78 | +₹64.63 | +18.78% |
| R3 | ₹383.63 | +₹39.48 | +11.47% |
| R2 | ₹372.82 | +₹28.67 | +8.33% |
| R1 | ₹358.48 | +₹14.33 | +4.16% |
| PIVOT | ₹347.67 | 3.52 | 1.02% |
| CURRENT | ₹344.15 | - | - |
| S1 | ₹283.03 | -₹61.12 | -17.76% |
| S2 | ₹308.18 | -₹35.97 | -10.45% |
| S3 | ₹322.52 | -₹21.63 | -6.29% |
| S4 | ₹333.33 | -₹10.82 | -3.14% |
CPR Levels
Support
Resistance
S4
N/A
S3
N/A
S2
N/A
S1
N/A
| CPR |
BC: N/AP: N/ATC: N/A
R1
N/A
R2
N/A
R3
N/A
R4
N/A
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment
is trading CPR, indicating
● CPR Width
CPR is
● Opening Range
Day's range: ~
● Price Position
Trading Inside opening range
Delivery Volume Analysis & Trading Activity
Latest Volume+148.1% vs avg
1.25M
(02 Mar 2026)Delivery %-11.6% vs avg
22.6%
(02 Mar 2026)Avg Volume (20D)20-day average
5.05L
(03 Feb - 02 Mar)Avg Delivery %Trend ↑
34.2%
(03 Feb - 02 Mar)Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.
Peer Comparison & Industry Benchmarking
Quick Compare
Largest by Market Cap
JSW Steel Ltd
3.04L ₹ Cr
Best Profit Growth
JSW Steel Ltd
166.00 %
Highest Dividend Yield
Maharashtra Seamless Ltd
1.88 %
Peer Comparison
| Company Name |
|---|
 Bansal Wire Industries Ltd |
 Goodluck India Ltd |
 Indian Metals & Ferro Alloys Ltd |
 Jai Balaji Industries Ltd |
 Jayaswal Neco Industries Ltd |
 JSW Steel Ltd |
 Maharashtra Seamless Ltd |
 MOIL Ltd |
 Sunflag Iron & Steel Company Ltd |
 Surya Roshni Ltd |
About
Mishra Dhatu Nigam Ltd
Mishra Dhatu Nigam Limited (MIDHANI) is a leading Indian manufacturer and supplier of high-performance materials, specializing in superalloys, titanium alloys, special purpose steels, and other specialty metals. Its operations cater to both domestic and international markets, serving a diverse range of industries that demand superior material properties.
A significant portion of MIDHANI's business focuses on the production of various types of special steels. These include martensitic, high-strength, austenitic, and precipitation-hardening steels, each engineered for specific applications. These steels find extensive use in demanding sectors like aerospace, power generation, nuclear energy, defense, and cryogenic engineering, as well as more general engineering applications.
Beyond special steels, MIDHANI's product portfolio encompasses a wide array of high-performance materials. This includes nickel-, cobalt-, and iron-based superalloys, renowned for their exceptional strength and resistance to high temperatures and corrosion. The company also produces titanium and titanium alloys, known for their lightweight yet strong characteristics, and soft magnetic and controlled expansion alloys for specialized applications.
The company offers a comprehensive range of product forms to meet diverse customer requirements. This includes bars (including bright bars), wires (including fine wires), hot and cold rolled sheets and strips, and open die forging products. MIDHANI also provides value-added products such as welding consumables, fasteners, and even biomedical implants, showcasing its versatility in material processing and application.
Furthermore, MIDHANI's product line extends to armor products, highlighting its contribution to the defense sector. This diversification across various product categories and industries ensures a robust and resilient business model, contributing to MIDHANI's position as a key player in the Indian and global specialty metals market. The company's long history, dating back to its incorporation in 1973, speaks to its experience and expertise in this specialized field.
COMPANY FACTS - MIDHANI
Registered Address
P.O. Kanchanbagh,
Hyderabad
TELANGANA
IN
Tel: 914024184547
Website:https://midhani-india.in/
Investor Relations:https://midhani-india.in/annual-reports/
Company Details
Group: Materials
Sector: Materials
Industry: Metals & Mining
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 770
IPO Date: 04/04/2018
MANAGEMENT - MIDHANI
Dr. S.V.S. Murty
Chairman of the Board, Managing Director
Smt. Madhubala Kalluri
Chief Financial Officer, Director (Finance)
Shri. Paul Antony
Compliance Officer, Company Secretary
Shri. Anand Kaluvala
General Manager - P-II & IV
Shri. Arun Sharma
General Manager - Marketing
Shri. Padavittan Babu
Director of Production and Marketing
Mr. Amit Satija
Government Nominee Director
Shri. Ajay Chauhan
Non-Executive Independent Director
Smt. Vallikkat Rema
Non-Executive Independent Director
Smt. Aruna Sarap
Non-Executive Independent Director
Investor Questions Answered
Mishra Dhatu Nigam Ltd (MIDHANI) Stock FAQs
Get answers to the most common questions about Mishra Dhatu Nigam Ltd stock price, fundamentals, financial metrics, and investment analysis
The current share price of Mishra Dhatu Nigam Ltd (MIDHANI) is ₹344.15. Today, the stock has declined by ₹2.10 (0.61%), trading in a range of ₹336.85 to ₹362. The stock opened at ₹337.3 with a trading volume of 12,52,310 shares.
Mishra Dhatu Nigam Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹6,750.8 crores, P/E ratio of 61.50, ROE of 4.84%, and ROCE of 10.60%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Mishra Dhatu Nigam Ltd (MIDHANI) is ₹469, while the 52-week low is ₹226.93. Currently trading at ₹344.15, the stock is 48.4% away from its 52-week low and 26.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Mishra Dhatu Nigam Ltd stock at ₹344.15 depends on multiple factors. The stock is currently trading with a P/E ratio of 61.50 and P/B ratio of N/A. Today's performance shows a loss of 0.61%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Mishra Dhatu Nigam Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹344.15, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Mishra Dhatu Nigam Ltd's key financial metrics include: P/E Ratio: 61.50, P/B Ratio: N/A, ROE: 4.84%, ROCE: 10.60%, Dividend Yield: 0.00%, EPS: ₹5.85, Book Value: ₹75.53, Debt-to-Equity: 0.25, and Current Ratio: N/A. The company's market cap stands at ₹6,750.8 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Mishra Dhatu Nigam Ltd stock opened at ₹337.3 and is currently trading at ₹344.15, showing a decline of ₹2.10 (0.61%). The intraday high is ₹362 and low is ₹336.85. The trading volume stands at 12,52,310 shares, indicating strong market participation today.
Mishra Dhatu Nigam Ltd has a Price-to-Earnings (P/E) ratio of 61.50, which means investors are willing to pay ₹61.50 for every ₹1 of earnings. With an EPS of ₹5.85, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Mishra Dhatu Nigam Ltd has a market capitalization of ₹6,750.8 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹344.15) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Mishra Dhatu Nigam Ltd has a book value of ₹75.53 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹344.15, which is 355.6% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Mishra Dhatu Nigam Ltd has a Return on Equity (ROE) of 4.84% and Return on Capital Employed (ROCE) of 10.60%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Mishra Dhatu Nigam Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Mishra Dhatu Nigam Ltd has a debt-to-equity ratio of 0.25, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Mishra Dhatu Nigam Ltd has an Earnings Per Share (EPS) of ₹5.85, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹344.15 and P/E ratio of 61.50, investors are paying 61.50 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Mishra Dhatu Nigam Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Mishra Dhatu Nigam Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Mishra Dhatu Nigam Ltd stock, consider: 1) Fundamental Analysis - Review P/E (61.50), ROE (4.84%), debt-to-equity (0.25), and growth rates. 2) Technical Analysis - Check 52-week range (₹226.93 - ₹469.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹344.15) with book value (₹75.53) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Mishra Dhatu Nigam Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹344.15 is 3342x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Mishra Dhatu Nigam Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹226.93 - ₹469.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.25 indicates leverage. 4) Liquidity Risk - Based on trading volume of 12,52,310 shares. 5) Valuation Risk - P/E of 61.50 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Mishra Dhatu Nigam Ltd operates in the industry with key metrics: P/E ratio of 61.50, ROE of 4.84%, market cap of ₹6,750.8 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.25), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Mishra Dhatu Nigam Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹344.15, with a 52-week range of ₹226.93 to ₹469.00. Based on fundamentals like P/E (61.50), ROE (4.84%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Mishra Dhatu Nigam Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹344.15. 2) Fundamental Deterioration - Declining ROE (currently 4.84%), increasing debt (D/E: 0.25), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Mishra Dhatu Nigam Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.
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