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

MarketChacha shows Mishra Dhatu Nigam's valuation in context — a forward P/E of about 33.9, a price-to-book of about 5.1 — 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 ₹418.80 (+0.5% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Mishra Dhatu Nigam

MIDHANI · NSE · Defense · India

Snapshot

TickerMIDHANI

ExchangeNSE

SectorDefense

IndustrySteel

CountryIndia

HeadquartersHyderabad, India

Websitewww.midhani-india.in

Filings tracked4

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.

Who owns it

Promoters74.0%
Institutions7.6%
Public & other18.4%

26 institutional holders

Ownership breakdown from public market data. 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 9% · PAT -4%

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 ₹1,669 Cr · EPS 12.37

Est. earnings growth +27.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Revenue (FY2026)

₹1,209 Cr

Net margin

10.8%

Revenue CAGR (3y)

+11.5%

Profit CAGR (3y)

-5.7%

Net profit (FY2026)

₹131 Cr

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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
Q4 FY26	₹553 Cr	—
Q3 FY26	—	₹27 Cr
Q4 FY25	₹411 Cr	—
Q3 FY25	—	₹25 Cr

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

Filings & announcements

2026

In Terms Of Regulation 30 SEBI LODR, BSE And NSE On August 25, 2026 Imposed A Fine On MIDHANI.
Fine imposed by BSE and National Stock Exchange of India Limited (NSE) on MIDHANI
BSE8/26/2026
Earnings Call Transcript
Transcript of Investor Conference call held on August 17, 2026 for Q1- MIDHANI
BSE8/22/2026
Change in Management
Appointment of Non-executive Independent Directors on the Board of MIDHANI
BSE8/21/2026
Change in Management
Shri Anand Kumar Kaluvala - GM (Production) has retired from MIDHANI w.e.f. August 1, 2026.
BSE8/2/2026

In the news

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