Mishra Dhatu Nigam Limited

NSEI:MIDHANI Stock Report

Market Cap: ₹79.0b

Mishra Dhatu Nigam (MIDHANI) Stock Overview

Manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally. More details

MIDHANI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends3/6

MIDHANI Community Fair Values

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₹403.66
FV
4.5% overvalued intrinsic discount
28.22%
Revenue growth p.a.
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21 days ago author updated this narrative

Mishra Dhatu Nigam Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mishra Dhatu Nigam
Historical stock prices
Current Share Price₹421.80
52 Week High₹540.00
52 Week Low₹226.93
Beta0.060
1 Month Change0.40%
3 Month Change61.05%
1 Year Change-17.70%
3 Year Change153.11%
5 Year Change103.23%
Change since IPO368.41%

Recent News & Updates

Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Can Manage Its Debt Responsibly

Jun 30
Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Can Manage Its Debt Responsibly

Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Decelerating Rates Of Return

Jun 01
Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Decelerating Rates Of Return

Recent updates

Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Can Manage Its Debt Responsibly

Jun 30
Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Can Manage Its Debt Responsibly

Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Decelerating Rates Of Return

Jun 01
Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Decelerating Rates Of Return

Market Participants Recognise Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Earnings Pushing Shares 28% Higher

May 14
Market Participants Recognise Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Earnings Pushing Shares 28% Higher

Why We're Not Concerned Yet About Mishra Dhatu Nigam Limited's (NSE:MIDHANI) 26% Share Price Plunge

Feb 19
Why We're Not Concerned Yet About Mishra Dhatu Nigam Limited's (NSE:MIDHANI) 26% Share Price Plunge
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Supercritical Alloy Development And Titanium Expansion Will Open New Market Opportunities

Strategic partnerships and expanding titanium production align with growing aerospace and defense demand, likely enhancing revenue and profit margins.

Earnings Tell The Story For Mishra Dhatu Nigam Limited (NSE:MIDHANI)

Dec 04
Earnings Tell The Story For Mishra Dhatu Nigam Limited (NSE:MIDHANI)

Be Wary Of Mishra Dhatu Nigam (NSE:MIDHANI) And Its Returns On Capital

Nov 14
Be Wary Of Mishra Dhatu Nigam (NSE:MIDHANI) And Its Returns On Capital

Mishra Dhatu Nigam Limited's (NSE:MIDHANI) CEO Compensation Looks Acceptable To Us And Here's Why

Sep 23
Mishra Dhatu Nigam Limited's (NSE:MIDHANI) CEO Compensation Looks Acceptable To Us And Here's Why

Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital Not Reflecting Well On The Business

Aug 07
Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital Not Reflecting Well On The Business

Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Share Price Not Quite Adding Up

Apr 25
Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Share Price Not Quite Adding Up

Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Smaller Dividend Than Last Year

Mar 17
Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Smaller Dividend Than Last Year

Is Mishra Dhatu Nigam (NSE:MIDHANI) Using Too Much Debt?

Mar 01
Is Mishra Dhatu Nigam (NSE:MIDHANI) Using Too Much Debt?

Mishra Dhatu Nigam (NSE:MIDHANI) Will Be Hoping To Turn Its Returns On Capital Around

Jan 18
Mishra Dhatu Nigam (NSE:MIDHANI) Will Be Hoping To Turn Its Returns On Capital Around

Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Has A Meaningful Debt Burden

Nov 10
Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Has A Meaningful Debt Burden

Mishra Dhatu Nigam (NSE:MIDHANI) Is Increasing Its Dividend To ₹1.67

Sep 10
Mishra Dhatu Nigam (NSE:MIDHANI) Is Increasing Its Dividend To ₹1.67

Is Mishra Dhatu Nigam (NSE:MIDHANI) A Risky Investment?

Jun 07
Is Mishra Dhatu Nigam (NSE:MIDHANI) A Risky Investment?

Mishra Dhatu Nigam (NSE:MIDHANI) Will Be Hoping To Turn Its Returns On Capital Around

May 17
Mishra Dhatu Nigam (NSE:MIDHANI) Will Be Hoping To Turn Its Returns On Capital Around

Mishra Dhatu Nigam's (NSE:MIDHANI) Upcoming Dividend Will Be Larger Than Last Year's

Mar 18
Mishra Dhatu Nigam's (NSE:MIDHANI) Upcoming Dividend Will Be Larger Than Last Year's

Returns On Capital At Mishra Dhatu Nigam (NSE:MIDHANI) Paint A Concerning Picture

Nov 08
Returns On Capital At Mishra Dhatu Nigam (NSE:MIDHANI) Paint A Concerning Picture

Mishra Dhatu Nigam's (NSE:MIDHANI) Dividend Will Be Reduced To ₹1.54

Sep 16
Mishra Dhatu Nigam's (NSE:MIDHANI) Dividend Will Be Reduced To ₹1.54

Mishra Dhatu Nigam (NSE:MIDHANI) Has Announced That Its Dividend Will Be Reduced To ₹1.54

Sep 02
Mishra Dhatu Nigam (NSE:MIDHANI) Has Announced That Its Dividend Will Be Reduced To ₹1.54

Mishra Dhatu Nigam (NSE:MIDHANI) Has A Somewhat Strained Balance Sheet

Aug 20
Mishra Dhatu Nigam (NSE:MIDHANI) Has A Somewhat Strained Balance Sheet

Here's What's Concerning About Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital

Apr 08
Here's What's Concerning About Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital

Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 16
Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Bigger Dividend Than Last Year

Mishra Dhatu Nigam (NSE:MIDHANI) Has Announced That It Will Be Increasing Its Dividend To ₹1.58

Sep 08
Mishra Dhatu Nigam (NSE:MIDHANI) Has Announced That It Will Be Increasing Its Dividend To ₹1.58

Mishra Dhatu Nigam (NSE:MIDHANI) Is Reinvesting At Lower Rates Of Return

Apr 12
Mishra Dhatu Nigam (NSE:MIDHANI) Is Reinvesting At Lower Rates Of Return

Is Mishra Dhatu Nigam Limited (NSE:MIDHANI) A Smart Choice For Dividend Investors?

Mar 05
Is Mishra Dhatu Nigam Limited (NSE:MIDHANI) A Smart Choice For Dividend Investors?

These 4 Measures Indicate That Mishra Dhatu Nigam (NSE:MIDHANI) Is Using Debt Extensively

Feb 15
These 4 Measures Indicate That Mishra Dhatu Nigam (NSE:MIDHANI) Is Using Debt Extensively

Shareholder Returns

MIDHANIIN Metals and MiningIN Market
7D-3.5%-0.8%-0.2%
1Y-17.7%-6.8%-1.5%

Return vs Industry: MIDHANI underperformed the Indian Metals and Mining industry which returned -6.8% over the past year.

Return vs Market: MIDHANI underperformed the Indian Market which returned -1.5% over the past year.

Price Volatility

Is MIDHANI's price volatile compared to industry and market?
MIDHANI volatility
MIDHANI Average Weekly Movement7.4%
Metals and Mining Industry Average Movement6.0%
Market Average Movement5.8%
10% most volatile stocks in IN Market8.5%
10% least volatile stocks in IN Market3.9%

Stable Share Price: MIDHANI's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: MIDHANI's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1973770S.V.S. Murtywww.midhani-india.in

Mishra Dhatu Nigam Limited manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally. The company provides special steels, including martensitic, high strength special, austenitic, and precipitation hardening steels for use in aerospace, power generation, nuclear, defence, cryogenic, and other general engineering industries. It also offers nickel, cobalt, and iron-based superalloys; titanium and titanium alloys, soft magnetic, controlled expansion alloys; special purpose steel and other special metals; equiaxed, vacuum melted, vacuum, and air cast; bars, bright bars, and wires/fine wires; and hot and cold rolled sheets, and strips, as well as open die forging products.

Mishra Dhatu Nigam Limited Fundamentals Summary

How do Mishra Dhatu Nigam's earnings and revenue compare to its market cap?
MIDHANI fundamental statistics
Market cap₹79.02b
Earnings (TTM)₹1.11b
Revenue (TTM)₹10.74b
71.3x
P/E Ratio
7.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIDHANI income statement (TTM)
Revenue₹10.74b
Cost of Revenue₹4.31b
Gross Profit₹6.43b
Other Expenses₹5.33b
Earnings₹1.11b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)5.92
Gross Margin59.90%
Net Profit Margin10.32%
Debt/Equity Ratio16.5%

How did MIDHANI perform over the long term?

See historical performance and comparison

Dividends

0.4%
Current Dividend Yield
14%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/09 19:15
End of Day Share Price 2025/07/09 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mishra Dhatu Nigam Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research
Amit DixitICICI Securities Ltd.