| Quarterly Financials | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 137 | 176 | 215 | 217 | 117 | 167 | 193 | 348 | 121 | 188 | 229 | 331 | 117 | 190 | 236 | 345 | 190 | 231 | 240 | 401 | 164 | 265 | 242 | 414 | 176 |
| Expenses | 95 | 119 | 150 | 154 | 108 | 114 | 104 | 243 | 89 | 136 | 171 | 201 | 82 | 122 | 166 | 244 | 146 | 191 | 216 | 325 | 140 | 213 | 186 | 317 | 136 |
| EBITDA | 42 | 57 | 66 | 64 | 9 | 53 | 89 | 105 | 33 | 52 | 58 | 129 | 35 | 68 | 70 | 101 | 44 | 40 | 24 | 76 | 24 | 52 | 56 | 97 | 40 |
| Operating Profit % | 27 % | 30 % | 27 % | 24 % | 5 % | 30 % | 45 % | 29 % | 22 % | 27 % | 24 % | 36 % | 25 % | 32 % | 27 % | 27 % | 20 % | 14 % | 7 % | 17 % | 10 % | 17 % | 21 % | 22 % | 19 % |
| Depreciation | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 12 | 12 | 13 | 14 | 14 | 14 | 14 | 15 | 16 | 15 | 16 | 16 | 16 | 16 |
| Interest | 2 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 3 | 15 | 5 | 6 | 7 | 8 | 9 | 9 | 9 | 8 | 7 | 8 | 7 | 7 | 6 |
| Profit Before Tax | 36 | 51 | 59 | 56 | -0 | 44 | 81 | 102 | 25 | 46 | 58 | 111 | 24 | 49 | 54 | 91 | 27 | 21 | 19 | 65 | 9 | 34 | 36 | 77 | 19 |
| Tax | 13 | 16 | -2 | 16 | 1 | 12 | 21 | 27 | 6 | 12 | 15 | 30 | 6 | 15 | 15 | 24 | 8 | 7 | 6 | 18 | 4 | 10 | 11 | 21 | 6 |
| Net Profit | 23 | 35 | 60 | 40 | -1 | 33 | 60 | 75 | 19 | 34 | 43 | 81 | 18 | 34 | 39 | 66 | 19 | 14 | 13 | 46 | 5 | 24 | 26 | 56 | 13 |
| EPS in ₹ | 1.23 | 1.84 | 3.23 | 2.14 | -0.05 | 1.74 | 3.21 | 3.99 | 1.00 | 1.81 | 2.29 | 4.33 | 0.95 | 1.79 | 2.06 | 3.54 | 1.00 | 0.74 | 0.68 | 2.47 | 0.28 | 1.26 | 1.36 | 3.00 | 0.69 |
Mishra Dhatu Nigam
Mishra Dhatu Nigam
374.90
+3.50
(0.94%)
Market Cap
7,023.38 Cr
EPS
5.92
PE Ratio
58.70
Dividend Yield
0.00 %
Industry
Aerospace & Defense52 Week High
469.00
52 Week Low
226.93
PB Ratio
4.92
Debt to Equity
0.35
Sector
Engineering
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from2 analysts
Company News
View All News
Mishra Dhatu Nigam Limited announced that Dr. S.V.S. Narayana Murty, Chairman & Managing Director, has received approval from the Department of Defence Production, Ministry of Defence for an extension of his additional charge as Director (Production & Marketing). The extension is effective from October 1, 2025, for one month or until a regular incumbent joins the position, whichever occurs first.
Mishra Dhatu Nigam Limited (MIDHANI) has secured a new order worth Rs. 136 crore. Following this order, the company's total open order position stands at approximately Rs. 1,983 crore. The company communicated this development to BSE Limited and National Stock Exchange of India Limited through its Company Secretary & Compliance Officer Paul Antony.
Mishra Dhatu Nigam Limited delivered robust quarterly results with turnover reaching Rs. 170.5 crores, marking 4.31% growth over the previous year. The company achieved significant profitability improvements with EBITDA growing 32.86% to Rs. 41.28 crores, profit before tax surging 112.5% to Rs. 19 crores, and profit after tax jumping 150.49% to Rs. 12.8 crores. Value of production increased 14.47% to Rs. 241.29 crores. The company maintains a strong order book of Rs. 1,827 crores and expects additional orders worth Rs. 701 crores in Q2. Management targets revenue of Rs. 1,300-1,500 crores for the fiscal year, with EBITDA margins expected to remain between 23-25%. The order book comprises 80% defense-related orders including Rs. 761 crores from aerospace, Rs. 156 crores from army, and Rs. 420 crores from naval sectors. The company operates with 40% utilization of its wide plate mill and is establishing powder manufacturing facilities for additive manufacturing applications.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
4,762.00 | #1 3,18,470.66 | #1 38.18 | #1 33,542.60 | 3.92 | #1 8,364 | -3.71 | 55.12 | |
404.80 | 2,95,899.85 | 53.20 | 24,511.10 | 17.06 | 5,287 | 22.46 | 52.49 | |
13,561.00 | 1,22,713.56 | 97.16 | 7,611.10 | 24.49 | 1,288 | 17.34 | 38.57 | |
2,775.50 | 1,11,958.12 | 51.12 | 12,553.10 | 18.78 | 2,277 | -35.05 | 47.09 | |
1,494.70 | 54,790.10 | 98.03 | 3,695.50 | 35.31 | 550 | #1 155.56 | 41.61 | |
2,521.80 | 28,887.72 | 50.97 | 5,410.50 | 39.01 | 527 | 37.84 | 52.78 | |
2,530.90 | 14,168.98 | 66.33 | 113.70 | 2.06 | 4 | -22.26 | 48.23 | |
1,427.40 | 12,888.05 | 51.30 | 1,032.00 | #1 126.91 | 299 | -33.21 | 46.23 | |
327.50 | 10,923.19 | 165.83 | 565.00 | 51.27 | 56 | 110.71 | 62.25 | |
984.70 | 9,349.23 | 58.29 | 1,068.70 | 16.10 | 154 | 126.39 | 47.46 |
Forecast
Actual
Growth Rate
Revenue Growth
-4.52 %
Net Income Growth
28.55 %
Cash Flow Change
708.98 %
ROE
-42.76 %
ROCE
-33.81 %
EBITDA Margin (Avg.)
-10.73 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 1,825 | 2,396 | 2,459 | 2,780 | 2,863 | 2,905 | 2,915 |
| Fixed Assets | 425 | 441 | 429 | 939 | 1,016 | 1,032 | 1,099 |
| Current Assets | 1,166 | 1,514 | 1,451 | 1,678 | 1,744 | 1,767 | 1,787 |
| Capital Work in Progress | 175 | 405 | 549 | 132 | 80 | 83 | 25 |
| Investments | 2 | 21 | 21 | 21 | 21 | 22 | 1,281 |
| Other Assets | 1,223 | 1,530 | 1,461 | 1,688 | 1,746 | 1,769 | 0 |
| Total Liabilities | 1,825 | 2,396 | 2,459 | 2,780 | 2,863 | 2,905 | 2,915 |
| Current Liabilities | 534 | 697 | 643 | 802 | 801 | 775 | 686 |
| Non Current Liabilities | 457 | 743 | 746 | 788 | 777 | 811 | 814 |
| Total Equity | 835 | 957 | 1,071 | 1,190 | 1,285 | 1,319 | 1,415 |
| Reserve & Surplus | 647 | 769 | 884 | 1,002 | 1,098 | 1,132 | 1,228 |
| Share Capital | 187 | 187 | 187 | 187 | 187 | 187 | 187 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | 13 | -4 | 24 | -24 | 4 | 2 |
| Investing Activities | -205 | -195 | -115 | -103 | -3 | -65 |
| Operating Activities | 296 | 204 | 176 | 52 | -35 | 216 |
| Financing Activities | -78 | -13 | -37 | 27 | 43 | -148 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % | 74.00 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 1.08 % | 1.27 % | 1.42 % | 1.26 % | 1.65 % | 1.34 % |
| DIIs | 14.18 % | 14.18 % | 13.65 % | 14.27 % | 14.74 % | 14.59 % | 15.55 % | 13.77 % | 13.82 % | 13.12 % | 12.48 % | 11.76 % | 11.04 % | 9.33 % | 8.45 % | 8.49 % | 8.79 % | 8.98 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 9.62 % | 9.68 % | 10.54 % | 9.82 % | 9.27 % | 9.30 % | 8.35 % | 9.84 % | 9.84 % | 9.99 % | 10.25 % | 11.13 % | 11.91 % | 13.14 % | 13.94 % | 14.35 % | 13.74 % | 13.76 % |
| Others | 2.21 % | 2.13 % | 1.81 % | 1.90 % | 1.99 % | 2.12 % | 2.09 % | 2.39 % | 2.34 % | 2.89 % | 3.26 % | 3.12 % | 1.98 % | 2.26 % | 2.18 % | 1.90 % | 1.82 % | 1.92 % |
| No of Share Holders | 87,620 | 90,146 | 93,754 | 87,553 | 86,505 | 85,599 | 78,813 | 81,201 | 82,463 | 78,588 | 93,631 | 1,01,808 | 1,23,007 | 1,42,559 | 1,53,279 | 1,56,888 | 1,57,106 | 1,64,891 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 2.1 | 2.19 | 2.56 | 2.78 | 3.1 | 3.35 | 1.41 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 1.49 | 1.22 | 1.45 | 1.68 | 1.7 | 0.85 | 0.52 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Sept 2025 |  Annual General Meeting | NA | 30 Sept 2025 | 388.70 | 371.60 |
| 23 Mar 2021 |  Dividend | ₹ 1.20 /share | 22 Mar 2021 | 193.90 | 186.05 |
| 22 Sept 2021 | Dividend | ₹ 1.58 /share | 21 Sept 2021 | 206.30 | 184.55 |
| 23 Mar 2022 | Dividend | ₹ 1.56 /share | 22 Mar 2022 | 172.75 | 168.65 |
| 22 Sept 2022 | Dividend | ₹ 1.54 /share | 21 Sept 2022 | 165.80 | 223.15 |
| 23 Mar 2023 | Dividend | ₹ 1.68 /share | 23 Mar 2023 | 193.00 | 188.65 |
| 22 Sept 2023 | Dividend | ₹ 1.67 /share | 22 Sept 2023 | 224.20 | 404.00 |
| 22 Mar 2024 | Dividend | ₹ 1.41 /share | 22 Mar 2024 | 354.00 | 368.05 |
| 30 Sept 2024 | Annual General Meeting | NA | 30 Sept 2024 | 399.60 | 387.30 |
| 13 Nov 2024 |  Quarterly Result Announcement | NA | 13 Nov 2024 | 339.75 | 316.55 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 320.65 | 299.25 |
| 25 Mar 2025 | Dividend | ₹ 0.75 /share | 25 Mar 2025 | 262.55 | 297.30 |
| 28 May 2025 | Quarterly Result Announcement | NA | 28 May 2025 | 397.20 | 416.15 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 403.15 | 387.10 |
Announcements
Closure of Trading Window
5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Change in ManagementSep 18, 2025
Sep 18, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 15, 2025
Sep 15, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 11, 2025
Sep 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 10, 2025
Sep 10, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 09, 2025
Sep 09, 2025Reg. 34 (1) Annual Report.Sep 06, 2025
Sep 06, 2025Business Responsibility and Sustainability Reporting (BRSR)Sep 06, 2025
Sep 06, 2025Notice Of Annual General Meeting Scheduled To Be Held On September 30 2025Sep 06, 2025
Sep 06, 2025Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015 (SEBI LODR).Aug 30, 2025
Aug 30, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 23, 2025
Aug 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Appointment Of Secretarial Auditors Of The Company.Aug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 13, 2025
Aug 13, 2025Un-Audited Financial Results Of The Compony For Quarter Ended On June 30 2025.Aug 13, 2025
Aug 13, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On August 13 2025Aug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 12, 2025
Aug 12, 2025Board Meeting Intimation for Intimation Of Board MeetingJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 21, 2025
Jul 21, 2025Intimation Regarding Appointment Of Director (Finance)Jul 17, 2025
Jul 17, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Jul 08, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 19, 2025
Jun 19, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 10, 2025
Jun 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 04, 2025
Jun 04, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 03, 2025
Jun 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 31, 2025
May 31, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 31, 2025
May 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2025
May 30, 2025Intimation Of Fine Levied By Stock ExchangesMay 30, 2025
May 30, 2025Integrated Filing (Financial)May 28, 2025
May 28, 2025Board Meeting Outcome for Audited Financial Results For Quarter And Year Ended On FY 2024-25.May 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 27, 2025
May 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 21, 2025
May 21, 2025Board Meeting Intimation for Financial ResultsMay 21, 2025
May 21, 2025Clarification On Price MovementMay 16, 2025
May 16, 2025Clarification sought from Mishra Dhatu Nigam LtdMay 15, 2025
May 15, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 28, 2025
Apr 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 18, 2025
Apr 18, 2025Intimation Of Appointment Of Chairman & Managing Director Of The Company.Apr 15, 2025
Apr 15, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 05, 2025
Apr 05, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 03, 2025
Apr 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 01, 2025
Apr 01, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 01, 2025
Apr 01, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMar 28, 2025
Mar 28, 2025Closure of Trading WindowMar 25, 2025
Mar 25, 2025Technical Indicators
RSI(14)
Neutral 36.84
ATR(14)
Volatile 12.61
STOCH(9,6)
Neutral 26.25
STOCH RSI(14)
Oversold 11.44
MACD(12,26)
Bearish -1.90
ADX(14)
Weak Trend 17.74
UO(9)
Bearish 30.42
ROC(12)
Downtrend And Accelerating -4.49
WillR(14)
Oversold -95.74
Mutual Fund Holdings
Bandhan Infrastructure Fund Direct Plan-Growth 
Motilal Oswal Nifty India Defence Index Fund Direct-Growth 
Aditya Birla Sun Life Nifty India Defence Index Fund Direct-Growth 
Groww Nifty Total Market Index Fund Direct - Growth 
Angel One Nifty Total Market Index Fund Direct - Growth 
Mirae Asset Nifty Total Market Index Fund Direct-Growth 
Kotak BSE PSU Index Fund Direct-Growth 
HDFC BSE 500 Index Fund Direct - Growth 
Nippon India Power & Infra Fund Direct-Growth 
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