Mishra Dhatu Nigam Limited
NSE: MIDHANIMarket Closed • NSE
Day range
52 week range
Mishra Dhatu Nigam Limited closed at INR419.65 (+0.38%) on volume 0.56x its 20-day average, trading 13.01% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved +181.8% QoQ
2026-09-23
DIVIDEND Announced
Dividend - Rs 1.25 Per Share
2026-03-18
DIVIDEND Announced
Interim Dividend - Re 0.85 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Low Debt Profile: Debt-to-Equity is comfortable at 0.27x
High Cash Flow Conversion: CFO/PAT averaged 1.76x over last 3 years
Risks
Stretched Valuation: Trading at a high P/E multiple of 58.2x
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 23 Sept 2026 | Dividend | ₹1.25 / share | — | 23 Sept 2026 |
| 19 Mar 2026 | Dividend | ₹0.85 / share | — | 18 Mar 2026 |
| 25 Mar 2025 | Dividend | ₹0.75 / share | — | 25 Mar 2025 |
| 22 Mar 2024 | Dividend | ₹1.41 / share | — | 22 Mar 2024 |
| 22 Sept 2023 | Dividend | ₹1.67 / share | — | 22 Sept 2023 |
| 23 Mar 2023 | Dividend | ₹1.68 / share | — | 23 Mar 2023 |
| 22 Sept 2022 | Dividend | ₹1.54 / share | — | 21 Sept 2022 |
| 23 Mar 2022 | Dividend | ₹1.56 / share | — | 22 Mar 2022 |
| 22 Sept 2021 | Dividend | ₹1.58 / share | — | 21 Sept 2021 |
| 23 Mar 2021 | Dividend | ₹1.20 / share | — | 22 Mar 2021 |
| 22 Sept 2020 | Dividend | ₹1.56 / share | — | 21 Sept 2020 |
| 14 Mar 2020 | Dividend | ₹1.00 / share | — | 12 Mar 2020 |
| — | Dividend | ₹0.51 / share | — | 17 Sept 2019 |
| 26 Mar 2019 | Dividend | ₹1.68 / share | — | 25 Mar 2019 |
| — | Dividend | ₹2.10 / share | — | 19 Sept 2018 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.21L | 37.59 | 2.21% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
 JSW Steel LimitedJSWSTEEL Open analysis | ₹2.97L | 12.05 | 0.59% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
 Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.28L | 13.37 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
 Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 46.94 | 1.17% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
 Tata Steel LimitedTATASTEEL Open analysis | ₹2.19L | 19.83 | 2.27% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
 Hindalco Industries LimitedHINDALCO Open analysis | ₹2.02L | 12.32 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
 Grasim Industries LimitedGRASIM Open analysis | ₹1.98L | 34.82 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
 Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.93 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
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, 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; investment castings products; bars, bright bars, and wires/fine wires; and hot and cold rolled sheets, and strips, as well as open die forging products. In addition, the company offers welding consumables, fasteners, biomedical implants, and armour products. Mishra Dhatu Nigam Limited was incorporated in 1973 and is based in Hyderabad, India.
IndiaBasic Materials
Is Mishra Dhatu Nigam Limited Shariah compliant?
Mishra Dhatu Nigam Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (5.18%) complies with AAOIFI threshold (≤ 33%).
What is Mishra Dhatu Nigam Limited's current valuation relative to peers?
Mishra Dhatu Nigam Limited trades at a P/E of 58.2x compared to the sector median of 21.9x, and a Price-to-Book of 5.1x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.27x. Interest coverage is 6.8x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.