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Mishra Dhatu Nigam NSEI:MIDHANI Stock Report

Last Price

₹432.15

Market Cap

₹81.0b

7D

-9.9%

1Y

88.2%

Updated

31 May, 2024

Data

Company Financials +

Mishra Dhatu Nigam Limited

NSEI:MIDHANI Stock Report

Market Cap: ₹81.0b

MIDHANI Stock Overview

Manufactures and sells super alloys and other special metals in India.

MIDHANI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends3/6

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₹432.15
52 Week High₹547.50
52 Week Low₹225.00
Beta0.12
1 Month Change-1.55%
3 Month Change1.12%
1 Year Change88.22%
3 Year Change124.55%
5 Year Change235.65%
Change since IPO379.90%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

MIDHANIIN Metals and MiningIN Market
7D-9.9%-3.4%-1.9%
1Y88.2%76.5%41.0%

Return vs Industry: MIDHANI exceeded the Indian Metals and Mining industry which returned 76.7% over the past year.

Return vs Market: MIDHANI exceeded the Indian Market which returned 41% over the past year.

Price Volatility

Is MIDHANI's price volatile compared to industry and market?
MIDHANI volatility
MIDHANI Average Weekly Movement6.2%
Metals and Mining Industry Average Movement6.9%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market4.2%

Stable Share Price: MIDHANI has not had significant price volatility in the past 3 months.

Volatility Over Time: MIDHANI's weekly volatility (6%) has been stable over the past year.

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₹80.96b
Earnings (TTM)₹917.82m
Revenue (TTM)₹11.03b

88.2x

P/E Ratio

7.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIDHANI income statement (TTM)
Revenue₹11.03b
Cost of Revenue₹4.49b
Gross Profit₹6.54b
Other Expenses₹5.62b
Earnings₹917.82m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.90
Gross Margin59.32%
Net Profit Margin8.32%
Debt/Equity Ratio24.6%

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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