Mishra Dhatu Nigam financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹239cr+40.5% on Q1 FY26
Net profit
₹16.5cr+27.0% on Q1 FY26
EBITDA margin
15.3%−4.7 pts on Q1 FY26
EPS
₹0.88+27.5% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue239170+40.5%
EBITDA36.634.2+7.1%
EBITDA margin15.3%20.0%−4.7 pts
Profit before tax23.919.0+25.9%
Net profit16.513.0+27.0%
EPS₹0.88₹0.69+27.5%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹239 crNet profit₹16.5 crNet margin6.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
7,091————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
19219250.916.514.3
284284234324387
7,183————
1,2781,2091,0741,073872
—+12.5%+0.1%+23.0%—
240238218194258
18.8%19.7%20.3%18.1%29.5%
173171155136204
13513111191.8156
10.6%10.9%10.3%8.6%17.9%
₹7.20₹7.02₹5.92₹4.88₹8.34
—+18.6%+21.2%−41.4%—
—155217216−35.4
—−49.3−67.7−79.1−72.9
105105149137−108
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MIDHANI₹378.50

Mishra Dhatu Nigam Ltd.

· Capital Goods & Defence
₹ CrorePeersMTARTECHBELMAHSEAMLESOSWALPUMPSPARASLLOYDSENGGKSBKRNMcap ₹7,091 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————7,090.8
- Cash, Equiv & ST Investments14.316.550.9192.1192.1
+ Total Debt387.4324.1234.1284.0284.0
Enterprise Value————7,182.7
Revenue871.91,072.71,074.11,208.61,277.6
Growth %, YoY—+23.0+0.1+12.5—
EBITDA257.5194.2218.0237.6240.0
Margin %29.5318.1020.3019.6618.79
EBIT204.5135.6154.6171.1173.1
Net Income156.391.8110.8131.5135.0
Margin %17.928.5610.3210.8810.56
EPS, Adj (current shares)8.344.885.927.027.20
Growth %, YoY—-41.4+21.2+18.6—
Cash from Operations-35.4215.6217.0154.7—
Capital Expenditures-72.9-79.1-67.7-49.3—
Free Cash Flow-108.3136.6149.3105.4105.4
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Mishra Dhatu Nigam financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Mishra Dhatu Nigam (NSE: MIDHANI) had a market capitalisation of ₹6,776 crore at the 29 October 2026 close (₹361.70 a share), a PE ratio of 50.2 on the last four quarters' profit and a price-to-book ratio of 4.42. In FY26 its consolidated net profit was ₹131 crore on revenue of ₹1,209 crore; in Q1 FY27 (April–June 2026) it was ₹16.5 crore, up 27.0% year on year. Its debt-to-equity ratio was 0.19 on 31 March 2026. Promoters held 74.00% of the shares on 30 September 2026.

Share price used
₹361.70 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Mishra Dhatu Nigam at a glance · consolidated

Market cap
₹6,776 Crat ₹361.70 · 29 Oct close
PE ratio (last 4 quarters)
50.251.5 on FY26 profit
Price to book (PB)
4.42book value ₹81.78 a share
ROE (FY26)
8.9%+0.8 pts vs FY25ROCE 7.4%
Debt to equity
0.19net debt ₹91.8 Cr
Promoter holding
74.00%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.58%₹2.10 a share in 12 months
Net worth
₹1,532 Cr+8.3% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹105 Cr−29.4% vs FY25

Questions

What is the Mishra Dhatu Nigam PE ratio today?

Mishra Dhatu Nigam's PE ratio is 50.2 at the 29 October 2026 close (₹361.70 a share): a market capitalisation of ₹6,776 crore divided by consolidated net profit of ₹135 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹131 crore) it is 51.5.

Is Mishra Dhatu Nigam debt free?

No. Mishra Dhatu Nigam had borrowings of ₹284 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.19. Its cash and current investments were ₹192 crore, so its net debt was ₹91.8 crore.

What is the Mishra Dhatu Nigam debt to equity ratio?

Mishra Dhatu Nigam's debt-to-equity ratio was 0.19 on 31 March 2026: borrowings of ₹284 crore against total equity of ₹1,532 crore. A year earlier, on 31 March 2025, it was 0.17.

What is the Mishra Dhatu Nigam PB ratio (price to book value)?

Mishra Dhatu Nigam's price-to-book (PB) ratio is 4.42 at the 29 October 2026 close: a market capitalisation of ₹6,776 crore divided by shareholders' equity (book value) of ₹1,532 crore on 31 March 2026. That is a book value of ₹81.78 per share against a share price of ₹361.70.

What is the Mishra Dhatu Nigam net worth?

Mishra Dhatu Nigam's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,532 crore on 31 March 2026, up 8.3% from ₹1,415 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,776 crore at the 29 October 2026 close.

What is the Mishra Dhatu Nigam ROE and ROCE?

In FY26, Mishra Dhatu Nigam's return on equity (ROE) was 8.9% and its return on capital employed (ROCE) was 7.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.1% and ROCE 7.1%.

What is the Mishra Dhatu Nigam market cap?

Mishra Dhatu Nigam's market capitalisation was ₹6,776 crore at the 29 October 2026 close: 18.73 crore shares at ₹361.70 each.

What is the Mishra Dhatu Nigam EPS?

Mishra Dhatu Nigam's basic earnings per share (EPS) were ₹7.02 in FY26, against ₹5.92 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹7.21.

What is the Mishra Dhatu Nigam dividend yield?

Mishra Dhatu Nigam's dividend yield is 0.58% at the 29 October 2026 close: dividends of ₹2.10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹361.70. They were ₹1.25 on 23 September 2026 and ₹0.85 on 18 March 2026 (interim).

What is the Mishra Dhatu Nigam book value per share?

Mishra Dhatu Nigam's book value per share was ₹81.78 on 31 March 2026: shareholders' equity of ₹1,532 crore divided by the 18.73 crore shares in issue, up 8.3% from ₹75.53 a year earlier. The share price at the 29 October 2026 close was ₹361.70.

What are the Mishra Dhatu Nigam latest quarterly results?

Mishra Dhatu Nigam's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹16.5 crore, up 27.0% from ₹13 crore in Q1 FY26; revenue from operations ₹239 crore, up 40.5% year on year.

What is the Mishra Dhatu Nigam revenue and profit in FY26?

In FY26 (April 2025–March 2026), Mishra Dhatu Nigam's consolidated net profit was ₹131 crore, up 18.6% from ₹111 crore in FY25, on revenue from operations of ₹1,209 crore (up 12.5%). Over three years, from FY23, net profit was down 15.8%.

What is the Mishra Dhatu Nigam dividend in 2026 and its record date?

In 2026, Mishra Dhatu Nigam has declared two dividends totalling ₹2.10 a share: ₹0.85 (interim) with record date 19 March 2026 and ex-date 18 March 2026 and ₹1.25 with record date 23 September 2026.

What is the Mishra Dhatu Nigam promoter holding?

Promoters held 74.00% of Mishra Dhatu Nigam on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Mishra Dhatu Nigam free cash flow?

In FY26, Mishra Dhatu Nigam generated ₹155 crore of cash from operations and spent ₹49.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹105 crore. In FY25 it was ₹149 crore.

What is the Mishra Dhatu Nigam shareholding pattern?

On 30 September 2026, Mishra Dhatu Nigam's shares were held by promoters 74.00%, foreign portfolio investors (FII/FPI) 2.09%, domestic institutions (DII) 7.30% (including mutual funds at 5.91%) and retail and other non-institutional investors 16.61%. Over the year, FII holding was up 0.72 percentage points from 1.37% and DII holding was down 1.53 percentage points from 8.83%.

How does the Mishra Dhatu Nigam PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, Mishra Dhatu Nigam's PE ratio is 51.5, the second highest of the four: MTAR Technologies 222.8, BEL 44.6 and Maharashtra Seamless 10.3, a peer average of 92.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Mishra Dhatu Nigam vs MTAR Technologies: how do they compare?

In FY26, Mishra Dhatu Nigam earned net profit of ₹131 crore on revenue of ₹1,209 crore, against ₹94 crore on ₹876 crore for MTAR Technologies. Mishra Dhatu Nigam's operating margin was 14.2% (MTAR Technologies 15.5%) and its return on equity 8.9% (MTAR Technologies 12.1%). At the 29 October 2026 close, Mishra Dhatu Nigam's market capitalisation was ₹6,776 crore against ₹20,947 crore for MTAR Technologies, and its PE ratio on FY26 profit 51.5 against 222.8.

When are the Mishra Dhatu Nigam next results?

Mishra Dhatu Nigam has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

How does Mishra Dhatu Nigam compare with its peers?

On FY26 consolidated figures, against MTAR Technologies, BEL and Maharashtra Seamless: Mishra Dhatu Nigam's operating margin of 14.2% is the third highest of the four (MTAR Technologies 15.5%, BEL 27.1%, Maharashtra Seamless 12.2%; peer average 18.3%); its return on equity of 8.9% is the lowest of the four (MTAR Technologies 12.1%, BEL 27.6%, Maharashtra Seamless 10.6%; peer average 16.8%); its revenue growth over three years of 11.5% a year is the third highest of the four (MTAR Technologies 15.2% a year, BEL 15.9% a year, Maharashtra Seamless −6.5% a year; peer average 8.2% a year).

Where do these Mishra Dhatu Nigam figures come from?

From Mishra Dhatu Nigam's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.