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Mishra Dhatu Nigam NSEI:MIDHANI Stock Report

Last Price

₹411.30

Market Cap

₹77.2b

7D

-2.9%

1Y

115.3%

Updated

19 Apr, 2024

Data

Company Financials +

Mishra Dhatu Nigam Limited

NSEI:MIDHANI Stock Report

Market Cap: ₹77.2b

MIDHANI Stock Overview

Mishra Dhatu Nigam Limited manufactures and sells super alloys and other special metals in India.

MIDHANI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends2/6

Mishra Dhatu Nigam Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mishra Dhatu Nigam
Historical stock prices
Current Share Price₹411.30
52 Week High₹547.50
52 Week Low₹189.70
Beta0.12
1 Month Change14.95%
3 Month Change-12.74%
1 Year Change115.34%
3 Year Change128.75%
5 Year Change207.97%
Change since IPO356.75%

Recent News & Updates

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

Recent updates

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

Introducing Mishra Dhatu Nigam (NSE:MIDHANI), A Stock That Climbed 11% In The Last Year

Jan 25
Introducing Mishra Dhatu Nigam (NSE:MIDHANI), A Stock That Climbed 11% In The Last Year

Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital

Jan 07
Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital

Do Its Financials Have Any Role To Play In Driving Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Stock Up Recently?

Dec 21
Do Its Financials Have Any Role To Play In Driving Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Stock Up Recently?

We're Not Counting On Mishra Dhatu Nigam (NSE:MIDHANI) To Sustain Its Statutory Profitability

Dec 03
We're Not Counting On Mishra Dhatu Nigam (NSE:MIDHANI) To Sustain Its Statutory Profitability

Should You Rely On Mishra Dhatu Nigam's (NSE:MIDHANI) Earnings Growth?

Jul 02
Should You Rely On Mishra Dhatu Nigam's (NSE:MIDHANI) Earnings Growth?

Shareholder Returns

MIDHANIIN Metals and MiningIN Market
7D-2.9%-0.8%-2.5%
1Y115.3%55.3%44.5%

Return vs Industry: MIDHANI exceeded the Indian Metals and Mining industry which returned 55.3% over the past year.

Return vs Market: MIDHANI exceeded the Indian Market which returned 44.5% over the past year.

Price Volatility

Is MIDHANI's price volatile compared to industry and market?
MIDHANI volatility
MIDHANI Average Weekly Movement8.8%
Metals and Mining Industry Average Movement7.3%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.3%

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

Volatility Over Time: MIDHANI's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1973751Sanjay Jhawww.midhani-india.in

Mishra Dhatu Nigam Limited manufactures and sells super alloys and other special metals in India. It 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. The company also offers nickel, cobalt, and iron-based superalloys; titanium and titanium alloys, soft magnetic, controlled expansion alloys; special purpose steel and other special metals; 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₹77.18b
Earnings (TTM)₹1.12b
Revenue (TTM)₹10.12b

69.0x

P/E Ratio

7.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIDHANI income statement (TTM)
Revenue₹10.12b
Cost of Revenue₹3.85b
Gross Profit₹6.27b
Other Expenses₹5.15b
Earnings₹1.12b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 30, 2024

Earnings per share (EPS)5.96
Gross Margin61.96%
Net Profit Margin11.04%
Debt/Equity Ratio37.8%

How did MIDHANI perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

52%

Payout Ratio
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