Home/Stocks/Mishra Dhatu Nigam Ltd.
NSE: MIDHANI · Capital Goods & Defence

Mishra Dhatu Nigam Ltd.

418.30 1.45%
Open
425.00
High
434.05
Low
417.25
Prev close
424.45
Volume
8,03,522

Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →

What Mishra Dhatu Nigam does

Mishra Dhatu Nigam (MIDHANI) is a government-owned specialty metals and alloys manufacturer producing superalloys, titanium alloys, special steels and other advanced materials for strategic sectors — defence, space, and nuclear energy — from its Hyderabad facility. Its customers include DRDO, ISRO, ordnance factories, HAL and nuclear power entities, with order-book-driven revenue concentrated in strategic government programmes. It is one of the few Indian producers of aerospace-grade superalloys and titanium melts.

It is India's primary strategic-materials supplier for defence and space applications, operating under the Ministry of Defence.

Listing and classification

NSE symbol
MIDHANI
ISIN
INE099Z01011
Sector
Capital Goods & Defence
Sub-sector
Heavy Engineering
Market-cap tier
Micro Cap
Market-cap rank
#2141

Mishra Dhatu Nigam Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →

Financial ratios, as filed

Consolidated annual figures taken from Mishra Dhatu Nigam Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).

Mishra Dhatu Nigam Ltd. — key consolidated ratios by financial year
MetricFY26FY25FY24
EPS (basic, ₹)7.025.924.90
Book value / share (₹)81.7875.5370.42
Return on equity8.6%7.8%6.9%
Return on capital employed7.2%6.9%6.4%
Operating margin14.2%14.4%12.6%
Net margin10.9%10.3%8.6%
EBITDA₹238 Cr₹218 Cr₹194 Cr
Free cash flow₹105 Cr₹149 Cr₹137 Cr
Total debt₹284 Cr₹234 Cr₹324 Cr
Debt to equity0.190.170.25
Interest coverage6.85.33.9
Current ratio2.522.612.28
Shares outstanding18,73,40,00018,73,40,00018,73,40,000

Open the full income statement, balance sheet and cash flow for MIDHANI

Shareholding pattern

As disclosed for the quarter ended 30 Jun 2026.

Promoter & group
74.00%
FII / FPI
2.56%
DII
7.37%
Public
26.00%

Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →

Peers in Heavy Engineering

Companies Alphave classifies in the same sub-sector, closest by market capitalisation.

What this page will not tell you

Whether to buy it
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A forecast of next quarter
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Intraday precision
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