Is Mishra Dhatu Nigam (MIDHANI) overvalued or fairly valued?

MarketChacha shows Mishra Dhatu Nigam's valuation in context — a forward P/E of about 33.1, a price-to-book of about 4.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Mishra Dhatu Nigam's revenue?

Mishra Dhatu Nigam reported revenue of ₹1,209 Cr for FY2026, with net profit of ₹131 Cr, per official filings.

What is the share price of Mishra Dhatu Nigam (MIDHANI)?

Mishra Dhatu Nigam last traded at ₹402.20 (-1.8% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Mishra Dhatu Nigam

MIDHANI · NSE · Defense · India

₹402.20-1.8%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 9:59 AM

Snapshot

TickerMIDHANI

ExchangeNSE

SectorDefense

IndustrySteel

CountryIndia

HeadquartersHyderabad, India

Market cap₹7,535 Cr

P/B4.9

Volume3.05L

Websitewww.midhani-india.in

Filings tracked0

About Mishra Dhatu Nigam

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.

Profile as reported by Yahoo Finance.

Who owns it

Promoters74.0%
Institutions8.0%
Public & other18.0%

26 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Margin has compressed by about 7.1 points over the period — profitability is trending down.

Net margin trend17.9% → 10.8%

Margin has compressed by about 7.1 points over the period — profitability is trending down.

Growth qualityrev 11% · PAT -6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹1,626 Cr · EPS 12.15

Est. earnings growth +16.8%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹266.6552-wk range₹454.80

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹7,535 Cr

Day change

-1.8%

Fwd P/E

33.1

P/B

4.9

Div yield

0.39%

Beta

0.65

Revenue (FY2026)

₹1,209 Cr

Net margin

10.8%

Revenue CAGR (3y)

+11.5%

Profit CAGR (3y)

-5.7%

Net profit (FY2026)

₹131 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about MIDHANI

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹1,209 Cr	₹131 Cr	10.8%
FY2025	₹1,074 Cr	₹110 Cr	10.2%
FY2024	₹1,073 Cr	₹91 Cr	8.5%
FY2023	₹872 Cr	₹156 Cr	17.9%

Quarterly

Period	Revenue	Net profit
2026Q1	₹553 Cr	—
2025Q4	—	₹27 Cr
2025Q1	₹411 Cr	—
2024Q4	—	₹25 Cr

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.