MIDHANI FY26 PAT rises 18.82% to ₹130.79 Cr, dividend declared

1 min read     Updated on 31 May 2026, 03:16 AM
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Mishra Dhatu Nigam Limited reported a PAT of ₹130.79 Cr for FY26, up 18.82%, with a record turnover of ₹1,208.63 Cr. The Board recommended a final dividend of ₹1.25 per share. Q4 turnover reached ₹552.75 Cr, up 34.63% YoY.

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Mishra Dhatu Nigam Limited reported a Profit After Tax (PAT) of ₹130.79 Cr for the financial year ended March 31, 2026, registering a growth of 18.82% compared to the previous year. The company achieved its highest ever annual turnover of ₹1,208.63 Cr, a 12.52% increase over the prior year. The Board of Directors has recommended a final dividend of ₹1.25 per equity share, or 12.5%, subject to shareholder approval at the upcoming Annual General Meeting.

The Board, in its meeting held on May 29, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. Madhubala Kalluri, Director (Finance) & Chief Financial Officer, declared that the statutory auditors, M/S ANJANEYULU & CO., Chartered Accountants, issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Operational performance for the fourth quarter of FY26 showed significant momentum, with quarterly turnover reaching a record ₹552.75 Cr, a growth of 34.63% year-on-year. Profit After Tax for the quarter stood at ₹77.75 Cr, up 38.49% from the corresponding quarter of the previous year. The Value of Production for the full year also hit a record high of ₹1,193.92 Cr, growing by 12.04%.

Financial Performance for FY26

The company’s EBITDA for FY26 stood at ₹275.59 Cr, a growth of 10.69% compared to the previous year. Profit Before Tax (PBT) increased by 17.98% to ₹184.09 Cr. The order book position as of April 1, 2026, stood strong at ₹2,290.00 Cr, providing visibility for future revenue.

Metric FY26 Value Previous Year Value Growth (%)
Turnover ₹1,208.63 Cr ₹1,074.10 Cr 12.52%
Value of Production ₹1,193.92 Cr ₹1,065.62 Cr 12.04%
EBITDA ₹275.59 Cr ₹248.97 Cr 10.69%
PBT ₹184.09 Cr ₹156.04 Cr 17.98%
PAT ₹130.79 Cr ₹110.07 Cr 18.82%

Strategic Achievements

During the year, MIDHANI achieved its highest ever titanium alloy production of 700T, nearly doubling from the previous year. The company signed an MoU with major stakeholders to create a Metal Bank to ensure the availability of critical raw materials for Defence projects. Additionally, MIDHANI received Airworthiness Certificates for 10 alloys from CEMILAC, authorizing production for advanced aero engines, and was awarded the prestigious NADCAP certification for Heat Treatment.

Historical Stock Returns for Mishra Dhatu Nigam

1 Day5 Days1 Month6 Months1 Year5 Years
-3.05%-1.31%+2.26%+24.06%-6.75%+112.73%

How does the company plan to utilize the strong order book of ₹2,290.00 Cr to sustain the current revenue momentum into FY27?

What impact will the new Metal Bank initiative have on raw material costs and supply chain resilience for future Defence projects?

With titanium alloy production nearly doubling, what are the expected revenue contributions from this segment in the upcoming financial year?

MIDHANI schedules Q4FY26 results conference call for June 3

1 min read     Updated on 30 May 2026, 08:06 AM
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Mishra Dhatu Nigam Limited has scheduled a Q4FY26 results and business update conference call for June 3, 2026, at 11:00 hrs IST, following its Board meeting on May 29, 2026. The session will be led by Chairman & Managing Director Dr. S. V. S. Narayana Murty, Director (Finance) Mrs. Madhubala Kalluri, and Director (Production & Marketing) Mr. Padavittan Babu. Domestic and international investors can access the call via specific universal and toll-free numbers provided by ICICI Securities.

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Mishra Dhatu Nigam Limited has announced a Q4FY26 results and business update conference call scheduled for Wednesday, June 3, 2026, at 11:00 hrs IST. The announcement follows the Board of Directors' meeting on May 29, 2026, to approve the financial results for the quarter and year ended March 31, 2026. The conference call provides an opportunity for analysts and investors to gain insights into the company's performance and future outlook.

Conference Call Details

The call will be led by the company's senior leadership, including Dr. S. V. S. Narayana Murty, Chairman & Managing Director, Mrs. Madhubala Kalluri, Director (Finance), and Mr. Padavittan Babu, Director (Production & Marketing). Participants can join the discussion via universal access numbers or register through the Diamond Pass link provided by ICICI Securities.

The following table lists the access details for the conference call:

Access Type Details
Universal Access +91 22 6280 1144 / +91 22 7115 8045
Singapore 8001012045
Hong Kong 800964448
UK 08081011573
USA 18667462133

Contact Information

For any clarifications regarding the conference call, participants may contact the coordinators at ICICI Securities. Key contacts include Mr. Rushad Kapadia and Ms. Seema Sehgal, among others listed in the invitation. The intimation was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Mishra Dhatu Nigam

1 Day5 Days1 Month6 Months1 Year5 Years
-3.05%-1.31%+2.26%+24.06%-6.75%+112.73%

What are the key growth drivers MIDHANI anticipates for FY27 based on current order book trends?

How might the company's capital expenditure plans impact its production capacity over the next fiscal year?

What strategies is MIDHANI pursuing to mitigate potential raw material cost fluctuations?

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1 Year Returns:-6.75%