Mishra Dhatu Nigam Limited (MIDHANI) has announced record-breaking financial performance for FY 2025-26, achieving its highest-ever sales despite facing significant supply chain challenges. The government enterprise demonstrated resilience and strategic execution in navigating geopolitical disruptions while delivering strong growth across multiple business segments.

Record Financial Performance

MIDHANI's financial results for FY 2025-26 showcase exceptional growth momentum:

The company's provisional and unaudited figures reflect successful execution despite significant geopolitical disruptions affecting raw material supply chains. Strategic planning and execution successfully mitigated potential production impacts.

Key Business Drivers and Product Deliveries

The growth was primarily driven by strategic supplies to critical sectors including aerospace, defense, and space applications. Key contributors included supply of superalloys and titanium alloys for indigenous aero-engine programs, alongside performance-critical materials for the Indian Navy and Indian space sectors.

Notable deliveries during the year featured:

• Nickel-based single crystal cast sticks for aerospace applications
• Wrought superalloy bars and rolled rings for aerospace sector
• High-strength low-alloy steels for naval applications
• 31 numbers of titanium alloy windows for Shri Ram Mandir, Ayodhya - marking the first architectural use of titanium in India
• Approximately 90 tons of armour steel for Republic Day Presidential Dais

Major Achievements and Certifications

MIDHANI achieved several significant milestones during FY 2025-26:

Business Expansion and New Capabilities

The company has successfully transitioned from being primarily a raw material supplier to an integrated product company. New and expanded business areas include:

• Aerospace fasteners
• Superalloy and titanium castings
• Welding consumables
• Titanium fabricated structures

MIDHANI has also executed up-armouring of vehicles for different state police forces, meeting side mine blast proof requirements in light motor vehicles.

Technology Transfer and Strategic Partnerships

The company obtained technology transfer from IIT Delhi for manufacturing ABHED bullet proof jackets, recognized as one of the world's lightest BIS level 6 for API protection. Additionally, MIDHANI signed an MoU with different stakeholders for creating a Metal Bank to ensure uninterrupted availability of critical raw materials for defense projects of national importance.

MIDHANI's performance in FY 2025-26 demonstrates the company's ability to deliver consistent growth while expanding its product portfolio and strengthening its position as a critical supplier to India's defense, aerospace, and strategic sectors.

Mishra Dhatu Nigam has achieved a significant operational milestone by receiving NADCAP accreditation for its heat treatment facility. The company has formally announced this achievement through an official press release filed under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Official Announcement and Regulatory Compliance

The company has notified both BSE Limited and National Stock Exchange of India Limited about this development through proper regulatory channels. The formal communication was signed by Paul Antony, Company Secretary & Compliance Officer, demonstrating the company's commitment to transparent disclosure practices.

NADCAP Accreditation Achievement

The National Aerospace and Defense Contractors Accreditation Program (NADCAP) accreditation represents industry recognition of the company's heat treatment capabilities. According to the official press release, this recognition reflects Mishra Dhatu Nigam's commitment to the highest standards of quality, process control, and compliance with global aerospace industry requirements.

Strategic Impact on Operations

The NADCAP accreditation enhances Mishra Dhatu Nigam's ability to support critical aerospace and defence programs with world-class metallurgical processing. This certification demonstrates the company's commitment to quality assurance and process excellence in critical manufacturing operations.

The accreditation positions the company to better serve clients in the aerospace and defence sectors, where stringent quality requirements and process reliability are paramount. Heat treatment processes are crucial for ensuring the mechanical properties and performance characteristics of materials used in these demanding applications.

Management Acknowledgment

In the official press release, the company expressed gratitude to its dedicated team for their efforts in achieving this milestone and acknowledged valued customers for their continued trust and support. This recognition underscores the collaborative effort required to meet international aerospace industry standards.