Mishra Dhatu Nigam
Market Cap
₹21.6b
Last Updated
2019/08/17 13:03 UTC
Data Sources
Company Financials
Executive Summary
Mishra Dhatu Nigam Limited manufactures and sells special steels, super alloys, and titanium alloys in India.
Snowflake
Fundamentals
Adequate balance sheet unattractive dividend payer.
Risks
- Mishra Dhatu Nigam is not covered by any analysts.
Similar Companies
Share Price & News
How has Mishra Dhatu Nigam's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.9%
NSEI:MIDHANI
-0.2%
IN Metals and Mining
-0.7%
IN Market
1 Year Return
-17.0%
NSEI:MIDHANI
-31.0%
IN Metals and Mining
-12.1%
IN Market
MIDHANI outperformed the Metals and Mining industry which returned -31% over the past year.
MIDHANI underperformed the Market in India which returned -12.1% over the past year.
Share holder returns
| MIDHANI | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.9% | -0.2% | -0.7% |
| 30 Day | -2.6% | -14.6% | -5.7% |
| 90 Day | -6.2% | -14.9% | -4.3% |
| 1 Year | -14.6%-17.0% | -28.2%-31.0% | -10.4%-12.1% |
| 3 Year | n/a | 5.0%-6.3% | 19.0%13.0% |
| 5 Year | n/a | -11.5%-25.6% | 37.9%25.2% |
Price Volatility Vs. Market
How volatile is Mishra Dhatu Nigam's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Mishra Dhatu Nigam Limited's (NSE:MIDHANI) High P/E Ratio Isn't Necessarily A Bad Thing1 month ago | Simply Wall St
Why Mishra Dhatu Nigam Limited (NSE:MIDHANI) Is A Top Dividend Stock1 month ago | Simply Wall St
Boasting A 16% Return On Equity, Is Mishra Dhatu Nigam Limited (NSE:MIDHANI) A Top Quality Stock?Valuation
Is Mishra Dhatu Nigam undervalued based on future cash flows and its price relative to the stock market?
15.3x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Mishra Dhatu Nigam's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Mishra Dhatu Nigam's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Mishra Dhatu Nigam is overvalued based on earnings compared to the IN Metals and Mining industry average.
Mishra Dhatu Nigam is overvalued based on earnings compared to the India market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Mishra Dhatu Nigam, we can't assess if its growth is good value.
Price Based on Value of Assets
Mishra Dhatu Nigam is overvalued based on assets compared to the IN Metals and Mining industry average.
Next Steps
Future Growth
How is Mishra Dhatu Nigam expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Unable to determine if Mishra Dhatu Nigam is high growth as no revenue estimate data is available.
Mishra Dhatu Nigam's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to compare Mishra Dhatu Nigam's revenue growth to the India market average as no estimate data is available.
Mishra Dhatu Nigam's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
Mishra Dhatu Nigam's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Mishra Dhatu Nigam will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Mishra Dhatu Nigam performed over the past 5 years?
6.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Mishra Dhatu Nigam's year on year earnings growth rate has been positive over the past 5 years.
Mishra Dhatu Nigam's 1-year earnings growth is less than its 5-year average (3.6% vs 6%)
Mishra Dhatu Nigam's earnings growth has not exceeded the IN Metals and Mining industry average in the past year (3.6% vs 11.4%).
Return on Equity
Mishra Dhatu Nigam has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Mishra Dhatu Nigam used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
Return on Capital Employed
Mishra Dhatu Nigam's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Mishra Dhatu Nigam's financial position?
Financial Position Analysis
Mishra Dhatu Nigam is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Mishra Dhatu Nigam's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Mishra Dhatu Nigam's level of debt (12.8%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has increased over the past 5 years (12.2% vs 12.8% today).
Debt is not well covered by operating cash flow (19%, less than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 25.6x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 10.9x debt.
Next Steps
Dividend
What is Mishra Dhatu Nigam's current dividend yield, its reliability and sustainability?
1.90%
Current Dividend Yield
Dividend Yield and Payments Analysis
Mishra Dhatu Nigam's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.63%).
Mishra Dhatu Nigam's dividend is below the markets top 25% of dividend payers in India (2.52%).
It is too early to tell whether Mishra Dhatu Nigam has stable dividend payments.
Mishra Dhatu Nigam only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Mishra Dhatu Nigam's salary, the management and board of directors tenure and is there insider trading?
3.1yrs
Average management tenure
CEO
Dinesh Likhi (59yo)
3.9yrs
Tenure
₹3,966,249
Compensation
Dr. Dinesh Kumar Likhi has been Chairman and Managing Director of Mishra Dhatu Nigam Limited since September 1, 2015 and its Director since September 01, 2011. He has thirty five (35) years of experience i ...
CEO Compensation Analysis
Dinesh's remuneration is lower than average for companies of similar size in India.
Insufficient data for Dinesh to compare compensation growth.
Management Age and Tenure
3.1yrs
Average Tenure
55yo
Average Age
The tenure for the Mishra Dhatu Nigam management team is about average.
Board Age and Tenure
3.7yrs
Average Tenure
58.5yo
Average Age
The tenure for the Mishra Dhatu Nigam board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
B. Raj
General Manager of Commercial & Business Development
Dinesh Likhi (59yo)
Chairman & MD
- Tenure: 3.9yrs
- Compensation: ₹3.97m
Paul Antony
Company Secretary & Compliance Officer
Achanta Rama Rao
General Manager of Human Resource
Sanjeev Singhal (54yo)
CFO, Director of Finance & Whole Time Director
- Tenure: 2.6yrs
- Compensation: ₹3.88m
Sanjay Jha (55yo)
Whole Time Director and Director of Production & Marketing
- Tenure: 3.1yrs
- Compensation: ₹3.70m
Shaik Pasha
Chief Vigilance Officer
Atchutaram Dasu
General Manager of Operations
Board Members
Sanjeev Singhal (54yo)
CFO, Director of Finance & Whole Time Director
- Tenure: 2.6yrs
- Compensation: ₹3.88m
Prem Kataria (58yo)
Permanent Special Invitee
- Tenure: 8.3yrs
Sanjay Jha (55yo)
Whole Time Director and Director of Production & Marketing
- Tenure: 3.1yrs
- Compensation: ₹3.70m
Usha Ramachandra (57yo)
Independent Director
- Tenure: 3.7yrs
- Compensation: ₹550.00k
Surendra Sinh (62yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: ₹145.00k
Dinesh Likhi (59yo)
Chairman & MD
- Tenure: 3.9yrs
- Compensation: ₹3.97m
Sanjay Jaju
Government Nominee Director
- Tenure: 1.3yrs
Jyoti Mukhopadhyay (66yo)
Independent Director
- Tenure: 3.7yrs
- Compensation: ₹225.00k
Indraganty Sarma (66yo)
Independent Director
- Tenure: 3.7yrs
- Compensation: ₹335.00k
Company Information
Mishra Dhatu Nigam Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mishra Dhatu Nigam Limited
- Ticker: MIDHANI
- Exchange: NSEI
- Founded: 1973
- Industry: steel
- Sector: materials
- Market Cap: ₹21.582b
- Shares outstanding: 187.34m
- Website: Click here
Number of Employees
Location
- Mishra Dhatu Nigam Limited
- PO Kanchanbagh
- Hyderabad
- Andhra Pradesh
- 500058
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MIDHANI | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Apr 2018 |
| 541195 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Apr 2018 |
Biography
Mishra Dhatu Nigam Limited manufactures and sells special steels, super alloys, and titanium alloys in India. The company offers special steels, including martensitic steel, ultra high strength steel, aust ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/17 13:03 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.