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Mishra Dhatu Nigam Ltd.

MIDHANI · Steel & Iron Products
₹381.80
▼ 11.95 (-3.03%)
Market dataas of 22 Oct 2026, 12:00 am IST
52-week range · NSE20.9% below its high
Low ₹266.65High ₹482.40
43.2% above its low · +1.1% over 52 weeks
Today’s range · NSE₹380.55 – ₹393.00
Low ₹380.55High ₹393.00
3.3% between low and high
P/E against its industry201% above the industry median
MIDHANI54.4
Industry median18.1
Steel & Iron Products · median of profitable companies in the industry
Market cap₹7,153 Cr
Current price₹381.80
Volume · NSE4.33 L
52w High / Low · NSE₹482 / ₹267
Stock P/E54.4
Industry P/E18.1
Book value₹81.78
Dividend yield0.55%
ROCE12.2%
ROE8.9%
Debt / Equity0.19
EPS (TTM)₹7.02
Face value₹10

Price

Daily candles · NSE
▲ ₹4.20 (1.11%)over 1Y
300.0350.0400.0450.03.9CrOct 25Jan 26Apr 26Jul 26Oct 26

What the numbers say

  • Low return on equity: 3-year ROE 8.0%.
  • Comfortable leverage: debt-to-equity of 0.19.
  • Sales compounded at 11.5% over 3 years.
  • Profits convert to cash well (CFO/OP 0.78).
  • Trades above its industry P/E (54.4 vs 18.1).

Generated automatically from reported financials. These are observations, not a recommendation to buy or sell.

  • Mishra Dhatu Nigam secures S400 approval from GE Aerospace

    The achievement reinforces MIDHANI’s position as a trusted partner to the global aerospace industry

    COMPANY

Company announcements as filed with the exchanges. Reproduced for information — not a view or a recommendation.

Profit & Loss · ₹ croreFY26FY25FY24FY23FY22
Net Sales1,2091,0741,073872859
Other income3831303831
Total Income1,2471,1051,103910891
Expenditure970855878613596
Operating Profit277250225296295
Interest2630352723
Depreciation6663595333
Profit before tax185157131217239
Tax5346406163
Net Profit13111192156177
EPS (₹)7.025.924.908.349.43
Net margin %10.910.38.617.920.5

Consolidated figures, as filed with the exchanges. Newest year first.

Balance Sheet · ₹ croreFY26FY25FY24FY23FY22
Equity capital187187187187187
Reserves1,3451,2281,1321,0981,002
Net worth1,5321,4151,3191,2851,190
Total sources2,3242,1772,0862,0221,942
Net block1,0661,0741,0321,016938
Capital work in progress16258380132
Investments2429242431
Inventory1,3331,2811,3101,2251,091
Debtors554410323316306
Cash & bank19251171463
Book value (₹)81.7875.5370.4268.6163.50

Consolidated figures, as filed with the exchanges. Newest year first.

Cash Flow · ₹ croreFY26FY25FY24FY23FY22
From operations155217216-355
From investing-150-96-65-3-68
From financing16-126-1484339
Net change in cash21-624-24
Free cash flow5121150-38-63
Closing cash3211161410

Consolidated figures, as filed with the exchanges. Newest year first.

RatiosFY26FY25FY24FY23FY22
ROCE %12.211.410.115.619.5
ROE %8.98.17.012.615.6
PAT margin %10.910.38.617.920.5
EBIT margin %17.417.415.628.030.4
Debt / equity0.190.170.250.300.22
Current ratio2.522.612.282.182.09
Interest cover8.086.154.719.0611.61
Sales growth %12.50.123.01.45.7
Dividend per share (₹)2.100.751.413.353.10
Payout %29.912.728.840.232.9

Consolidated figures, as filed with the exchanges. Newest year first.

Frequently asked

Mishra Dhatu Nigam Ltd. (MIDHANI) last traded at ₹381.80 on the NSE, down +3.03% on the session. Prices on this page are indicative and for information only.

Mishra Dhatu Nigam Ltd. has traded between ₹266.65 and ₹482.40 over the last 52 weeks on the NSE.

Mishra Dhatu Nigam Ltd. has a market capitalisation of about ₹7,153 crore.

Mishra Dhatu Nigam Ltd. trades at a P/E of 54.4, against an industry P/E of 18.1.

Open a trading and Demat account with Labdhi — it is fully digital with paperless KYC — then place a buy order for MIDHANI from the Labdhi app or web platform.

Yes. You can invest in equities in a staggered manner through Labdhi. Speak to your Labdhi adviser about a plan suited to your goals and risk profile.

Who is actually trading it

Delivery against churn, the deals big enough to be reported, what the insiders did, and the benchmarks that hold Mishra Dhatu Nigam Ltd..

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Exchange filings and end-of-day data, not a live feed. Bulk, block and insider records are published by the exchanges when a threshold is crossed, so they show reportable activity only. For information, not a recommendation to deal, and not a view on any person named above.

Disclosures. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Prices and data on this page are indicative and for information only. Nothing here is investment advice or a recommendation to buy or sell any security. Investors should consider their own objectives, financial situation and risk profile, and may wish to seek independent advice, before investing.

Figures are as reported by the company; consolidated where available. Errors and omissions excepted.

L. F. C. Securities Pvt. Ltd. · Member BSE, NSE, MCX · SEBI Stock Broker INZ000170736 · CDSL IN-DP-281-2016 · AMFI ARN-78991 · Investment Adviser (Non-Individual) INA000011617 · Compliance Officer: Mr. Santosh Patil · santoshp@labdhi.in · 022-35006933 · Investor Grievances: investorgreve@labdhi.in