Mishra Dhatu Nigam Latest Share Price (MIDHANI)
TODAY IN ONE LINE
MIDHANI slumped 6.2% on above-average volume (2.5x avg), lagging Nifty's -0.1% move, supported by recent strong earnings.
With a market cap of ₹7,813.95 Cr., it trades at a P/E of 61.71. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Mishra Dhatu Nigam flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 38.7% YoY
- ●Quarterly OutperformanceLatest quarter Sales up 34.6% and Profit up 38.6%
- ●Healthy Operating MarginsOPM is structurally strong at 19.7%
- ●High Promoter HoldingPromoters hold 74.0% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.27x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Poor Capital ReturnsLow ROE of 8.9%
- ●Expensive ValuationTrading at a high P/E ratio of 60.3x
Latest Mishra Dhatu Nigam News
What changed recently?
Recent events, corporate actions, and announcements.
Mishra Dhatu Nigam Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Mishra Dhatu Nigam Limited, framed against the sector median so the premium or discount is obvious at a glance.
Mishra Dhatu Nigam Limited trades at a P/E of 61.71× and P/B of 5.43×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Mishra Dhatu Nigam Limited technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Mishra Dhatu Nigam Limited — derived from the latest tape, not yesterday's close.
Mishra Dhatu Nigam Limited last traded at ₹417.25 with an intraday range of ₹415.1–₹447.7 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹417.25| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 503.47 | +86.22 | +20.66% |
| R3 | 470.87 | +53.62 | +12.85% |
| R2 | 459.28 | +42.03 | +10.07% |
| R1 | 438.27 | +21.02 | +5.04% |
| PIVOT | 426.68 | 9.43 | 2.26% |
| CURRENT | 417.25 | — | — |
| S1 | 405.67 | -11.58 | -2.78% |
| S2 | 394.08 | -23.17 | -5.55% |
| S3 | 373.07 | -44.18 | -10.59% |
| S4 | 340.47 | -76.78 | -18.40% |
MIDHANI is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹419.05–₹447.7
Trading Inside opening range
Mishra Dhatu Nigam Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Mishra Dhatu Nigam Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
Mishra Dhatu Nigam Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹7,813.95 Cr. and reported EPS of ₹7.05.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 1,074 | 1,209 ▲ 12.5% |
| Sales Growth YoY %Derived | 0.13% | 12.52% |
| Other Income | 31 | 38 ▲ 22.9% |
| Total Income | 1,105 | 1,247 ▲ 12.8% |
| 431 | 520 ▲ 20.8% | |
| Gross ProfitDerived | 643 | 688 ▲ 7.0% |
| Gross Margin %Derived | 59.90% | 56.95% |
| 425 | 451 ▲ 6.0% | |
| EBITDA (Operating Profit)Derived | 218 | 238 ▲ 9.0% |
| OPM %Derived | 20.30% | 19.66% |
| 93 | 91 ▼ 1.5% | |
| Profit Before Tax (PBT) | 156 | 184 ▲ 18.0% |
| 46 | 53 ▲ 16.0% | |
| Effective Tax %Derived | 29.46% | 28.96% |
| Total Profit for Period | 111 | 131 ▲ 18.6% |
| Net Profit (Owner's PAT)Derived | 111 | 131 ▲ 18.6% |
| Net Profit Margin %Derived | 10.32% | 10.88% |
| PAT Growth YoY %Derived | 20.76% | 18.61% |
| Earnings Per Share (EPS ₹) | 5.92 | 7.02 ▲ 18.6% |
| Diluted Shares Outstanding (Cr) | 19 | 19 ▲ 0.0% |
| Share of Profit from Associates/JVs | 1 | 1 ▼ 11.6% |
| Other Comprehensive Income (Net of Tax) | -1 | 1 ▲ 250.7% |
| Total Expenses (incl. D&A & Interest) | 949 | 1,063 ▲ 12.0% |
| Material Cost % of RevenueDerived | 39.31% | 41.83% |
| Employee Cost % of RevenueDerived | 13.25% | 11.99% |
| Other Cost % of RevenueDerived | 26.35% | 25.30% |
| Interest Coverage (x)Derived | 5.25x | 6.83x |
| Period | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 713 | 813 ▲ 14.1% | 859 ▲ 5.7% | 872 ▲ 1.4% | 1,073 ▲ 23.0% | 1,074 ▲ 0.1% | 1,209 ▲ 12.5% | |
| Sales Growth YoY %Derived | — | 14.08% | 5.69% | 1.45% | 23.02% | 0.13% | 12.52% | |
| Other Income | 36 | 20 ▼ 45.6% | 31 ▲ 57.9% | 38 ▲ 20.7% | 30 ▼ 20.8% | 31 ▲ 3.3% | 38 ▲ 22.9% | |
| Total Income | 749 | 833 ▲ 11.2% | 891 ▲ 6.9% | 910 ▲ 2.1% | 1,103 ▲ 21.2% | 1,105 ▲ 0.2% | 1,247 ▲ 12.8% | |
119 | 212 ▲ 77.3% | 191 ▼ 9.9% | 163 ▼ 14.7% | 449 ▲ 175.4% | 431 ▼ 4.0% | 520 ▲ 20.8% | ||
| Gross ProfitDerived | 594 | 602 ▲ 1.4% | 669 ▲ 11.2% | 709 ▲ 6.0% | 624 ▼ 12.0% | 643 ▲ 3.1% | 688 ▲ 7.0% | |
| Gross Margin %Derived | 83.25% | 73.97% | 77.80% | 81.32% | 58.19% | 59.90% | 56.95% | |
396 | 356 ▼ 10.0% | 406 ▲ 14.0% | 452 ▲ 11.1% | 430 ▼ 4.8% | 425 ▼ 1.1% | 451 ▲ 6.0% | ||
| EBITDA (Operating Profit)Derived | 198 | 245 ▲ 24.1% | 262 ▲ 7.0% | 258 ▼ 1.8% | 194 ▼ 24.6% | 218 ▲ 12.3% | 238 ▲ 9.0% | |
| OPM %Derived | 27.73% | 30.16% | 30.52% | 29.53% | 18.10% | 20.30% | 19.66% | |
32 | 39 ▲ 21.7% | 54 ▲ 39.8% | 79 ▲ 44.5% | 93 ▲ 18.3% | 93 ▼ 0.2% | 91 ▼ 1.5% | ||
| Profit Before Tax (PBT) | 202 | 226 ▲ 11.9% | 239 ▲ 5.8% | 217 ▼ 9.4% | 131 ▼ 39.5% | 156 ▲ 19.2% | 184 ▲ 18.0% | |
42 | 60 ▲ 41.2% | 63 ▲ 5.0% | 61 ▼ 3.4% | 40 ▼ 34.6% | 46 ▲ 15.8% | 53 ▲ 16.0% | ||
| Effective Tax %Derived | 20.96% | 26.45% | 26.27% | 28.02% | 30.31% | 29.46% | 28.96% | |
| Total Profit for Period | 158 | 166 ▲ 5.3% | 177 ▲ 6.1% | 156 ▼ 11.5% | 92 ▼ 41.3% | 111 ▲ 20.8% | 131 ▲ 18.6% | |
| Net Profit (Owner's PAT)Derived | 158 | 166 ▲ 5.3% | 177 ▲ 6.1% | 156 ▼ 11.5% | 92 ▼ 41.3% | 111 ▲ 20.8% | 131 ▲ 18.6% | |
| Net Profit Margin %Derived | 22.18% | 20.46% | 20.55% | 17.92% | 8.56% | 10.32% | 10.88% | |
| PAT Growth YoY %Derived | — | 5.26% | 6.13% | -11.52% | -41.27% | 20.76% | 18.61% | |
| Earnings Per Share (EPS ₹) | 8.44 | 8.88 ▲ 5.2% | 9.43 ▲ 6.2% | 8.34 ▼ 11.6% | 4.88 ▼ 41.5% | 5.92 ▲ 21.3% | 7.02 ▲ 18.6% | |
| Diluted Shares Outstanding (Cr) | 19 | 19 ▲ 0.0% | 19 ▲ 0.0% | 19 ▲ 0.0% | 19 ▲ 0.0% | 19 ▲ 0.0% | 19 ▲ 0.0% | |
| Share of Profit from Associates/JVs | -2 | 0 ▲ 108.1% | 0 ▲ 135.8% | 0 ▲ 25.5% | 1 ▲ 33.5% | 1 ▲ 48.2% | 1 ▼ 11.6% | |
| Other Comprehensive Income (Net of Tax) | -2 | -0 ▲ 82.5% | 1 ▲ 277.8% | -0 ▼ 112.8% | -0 ▼ 303.9% | -1 ▼ 213.2% | 1 ▲ 250.7% | |
| Total Expenses (incl. D&A & Interest) | 547 | 607 ▲ 10.9% | 652 ▲ 7.4% | 693 ▲ 6.4% | 972 ▲ 40.2% | 949 ▼ 2.3% | 1,063 ▲ 12.0% | |
| Material Cost % of RevenueDerived | 52.83% | 20.91% | 37.24% | 44.86% | 48.80% | 39.31% | 41.83% | |
| Employee Cost % of RevenueDerived | 17.32% | 14.88% | 14.26% | 14.43% | 12.48% | 13.25% | 11.99% | |
| Other Cost % of RevenueDerived | 38.20% | 28.93% | 33.02% | 37.36% | 27.61% | 26.35% | 25.30% | |
| Interest Coverage (x)Derived | 29.00x | 18.20x | 10.67x | 7.95x | 3.92x | 5.25x | 6.83x |
Mishra Dhatu Nigam segment analysis : revenue and profit mix.
Disclosed business segments at Mishra Dhatu Nigam with their share of revenue and profit, switchable between consolidated and standalone reporting.
Mishra Dhatu Nigam discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Mishra Dhatu Nigam Limited.
Our AI distills the core fundamental drivers supporting Mishra Dhatu Nigam Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Mishra Dhatu Nigam Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong promoter holding of 74% ensures stable governance and long-term strategic commitment
Operating margin of 14.48% reflects efficient cost control and operational discipline
Latest quarterly EPS grew 38.6% YoY, demonstrating robust earnings momentum
Low debt-to-equity ratio of 0.0027 indicates prudent financial structure and flexibility
Positive operating cash flow of ₹154.67 Cr supports liquidity and reinvestment capacity
Key Risks.
High P/E ratio of 60.28x demands sustained growth to justify current valuation
ROE of 8.92% and ROCE of 11.30% lag sector peers significantly in returns
Quarterly profit volatility of 38.60% raises concerns about earnings predictability
Modest dividend yield of 0.21% offers limited income for equity investors
Net margin compressed from 20%+ (FY2022) to 11.12% (FY2026) despite revenue growth
Flip Conditions.
Valuation risk. a P/E above 80 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
Mishra Dhatu Nigam Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Mishra Dhatu Nigam Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Mishra Dhatu Nigam Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Mishra Dhatu Nigam Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
Mishra Dhatu Nigam Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Mishra Dhatu Nigam Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Mishra Dhatu Nigam Limited stood at 11.2% of traded volume, against a 20-day average of 42.2%.
Mishra Dhatu Nigam announcements: results, concalls, ratings, M&A.
Filings Mishra Dhatu Nigam sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Mishra Dhatu Nigam files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 102 documents below.
Retirement
Mishra Dhatu Nigam Limited has informed the Exchange about Retirement of Shri Anand Kumar Kaluvala - General Manager (Production) w.e.f. August 1,…
Copy of Newspaper Publication
Mishra Dhatu Nigam Limited has informed the Exchange about Copy of IEPF Newspaper Publication
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Mishra Dhatu Nigam Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Trading Window
Mishra Dhatu Nigam Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…
General Updates
Mishra Dhatu Nigam Limited has informed the Exchange about General Updates
Mishra Dhatu Nigam dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Mishra Dhatu Nigam has declared, sequenced by announce and record date.
Mishra Dhatu Nigam corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Mishra Dhatu Nigam Limited: business, sector, key facts.
What Mishra Dhatu Nigam Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Mishra Dhatu Nigam Limited operates in the Aerospace & Defense industry under the Capital Goods sector, listed as NSE: MIDHANI, BSE: 541195.
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.
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Questions investors ask about Mishra Dhatu Nigam Limited (MIDHANI).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Mishra Dhatu Nigam Limited (MIDHANI)?
The current share price of Mishra Dhatu Nigam Limited (MIDHANI) is ₹417.25. Today, the stock has declined by ₹27.60 (6.2%), trading in a range of ₹415.10 to ₹447.70. The stock opened at ₹444.00 with a trading volume of 36,62,863 shares.
02Is Mishra Dhatu Nigam Limited stock a good investment for long-term?
Mishra Dhatu Nigam Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹7,813.95 Cr., P/E ratio of 61.71, ROE of 8.92%, and ROCE of 11.3%. The dividend yield stands at 0.21%. 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.
03What is the 52-week high and low price of Mishra Dhatu Nigam Limited stock?
The 52-week high price of Mishra Dhatu Nigam Limited (MIDHANI) is ₹456.60, while the 52-week low is ₹266.65. Currently trading at ₹417.25, the stock is 56.48% above its 52-week low and 8.62% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Mishra Dhatu Nigam Limited stock at the current price?
Whether to buy Mishra Dhatu Nigam Limited stock at ₹417.25 depends on multiple factors. The stock is currently trading with a P/E ratio of 61.71 and P/B ratio of 5.43. Today's performance shows a loss of 6.2%. 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.
05What is the dividend yield of Mishra Dhatu Nigam Limited and when is the next dividend?
Mishra Dhatu Nigam Limited offers a dividend yield of 0.21%, which means for every ₹100 invested at the current price of ₹417.25, you can expect to receive approximately ₹0.21 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.
06What are the key financial ratios and metrics of Mishra Dhatu Nigam Limited?
Mishra Dhatu Nigam Limited's key financial metrics include: P/E Ratio: 61.71, P/B Ratio: 5.43, ROE: 8.92%, ROCE: 11.3%, Dividend Yield: 0.21%, EPS: ₹7.05, Book Value: ₹81.81, and Debt-to-Equity: 0.27. The company's market cap stands at ₹7,813.95 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Mishra Dhatu Nigam Limited stock performing today in the market?
Mishra Dhatu Nigam Limited stock opened at ₹444.00 and is currently trading at ₹417.25, showing a decline of ₹27.60 (6.2%). The intraday high is ₹447.70 and low is ₹415.10. The trading volume stands at 36,62,863 shares, indicating strong market participation today.
08What is the P/E ratio of Mishra Dhatu Nigam Limited and what does it indicate?
Mishra Dhatu Nigam Limited has a Price-to-Earnings (P/E) ratio of 61.71, which means investors are willing to pay 61.71 for every ₹1 of earnings. With an EPS of ₹7.05, 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.
The data, ratios and commentary about Mishra Dhatu Nigam Limited (MIDHANI) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.