MIDHANI Releases Q3FY26 Earnings Conference Call Transcript Following Audio Recording
Mishra Dhatu Nigam Limited has released the complete transcript of its Q3FY26 earnings conference call held on February 17, 2026, complementing the previously available audio recording. The transcript provides comprehensive details of the company's strong quarterly performance, strategic achievements, and management discussions with analysts and investors.

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Mishra Dhatu Nigam Limited (MIDHANI) has released the complete transcript of its Q3FY26 earnings conference call, following the earlier availability of the audio recording. The government enterprise filed the transcript with stock exchanges on February 21, 2026, under Regulation 30 compliance requirements.
Conference Call Documentation
The quarterly results discussion session was conducted on February 17, 2026, with comprehensive documentation now available for stakeholders.
| Parameter: | Details |
|---|---|
| Conference Date: | February 17, 2026 |
| Start Time: | 11:00 AM |
| End Time: | 12:00 PM |
| Duration: | 1 Hour |
| Focus: | Q3FY26 Results Discussion |
| Transcript Release: | February 21, 2026 |
Key Financial Highlights from Conference Call
During the earnings call, Chairman and Managing Director Dr. S.V.S. Narayana Murty presented the company's Q3FY26 performance metrics, showing strong quarterly growth.
| Metric: | Q3FY26 | Q2FY26 | Growth (%) |
|---|---|---|---|
| Turnover: | ₹275.66 crores | ₹209.72 crores | +31.44% |
| Value of Production: | ₹304.05 crores | ₹256.37 crores | +18.60% |
| Profit Before Tax: | ₹39.00 crores | ₹19.11 crores | +104.14% |
| Profit After Tax: | ₹27.46 crores | ₹12.76 crores | +115.22% |
Nine-Month Performance and Order Book
For the nine-month period ending December 2025, MIDHANI reported stable performance with a robust order book position.
| Parameter: | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|
| Turnover: | ₹655.88 crores | ₹663.54 crores | -1.15% |
| Value of Production: | ₹801.73 crores | - | +8.86% |
| Profit Before Tax: | ₹77.10 crores | - | Stable |
| Profit After Tax: | ₹53.04 crores | - | Stable |
| Order Book (Jan 1, 2026): | ₹2,440 crores | - | - |
Strategic Achievements and Product Mix
The management highlighted significant achievements including supply of 31 titanium alloy windows for Ram Janmabhoomi at Ayodhya and 90 tons of material for the Presidential Dais at Republic Day 2026. The company's product mix for the nine-month period shows diversified revenue streams across specialty materials.
| Product Category: | Revenue Share (%) |
|---|---|
| Special Steel: | 37% |
| Super Alloys: | 20% |
| Titanium Alloys: | 19% |
| Maraging Steel: | 15% |
| Other Grades: | 9% |
Regulatory Compliance and Accessibility
The transcript has been made available on the company's website and formally communicated to both BSE Limited (Scrip Code 541195) and NSE Limited (Trading Symbol MIDHANI). The communication was signed by Paul Antony, Company Secretary & Compliance Officer, ensuring proper authorization and regulatory adherence.
This comprehensive documentation reflects MIDHANI's commitment to maintaining transparent communication with its analyst and investor community while ensuring full regulatory compliance under Regulation 30 requirements.
Historical Stock Returns for Mishra Dhatu Nigam
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.84% | -8.95% | -15.21% | -21.88% | +18.06% | +61.37% |
































