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Latest news about Mishra Dhatu Nigam

MIDHANI Faces Rs 1.18 Lakh Fine from BSE for Board Composition Non-Compliance 3 days ago

Mishra Dhatu Nigam Limited (MIDHANI) has been fined Rs 1,18,000 by BSE for non-compliance with board composition regulations for the quarter ended September 30, 2025. MIDHANI hasn't paid the fine, citing that the authority to appoint Directors lies with the President of India through the Ministry of Defence. The company plans to request a fine waiver from BSE, stating the impossibility of compliance due to its governance structure. MIDHANI asserts that the fine has no impact on its financial, operational, or other activities.

MIDHANI Reports Q2 FY26 Results: Revenue Dips but Strategic Initiatives Underway Nov 19, 2025

Mishra Dhatu Nigam Sets Ambitious FY26 Revenue Target Despite Recent Challenges Nov 15, 2025

MIDHANI Reports Revenue Decline and Profit Dip in Q2 FY2025-26 Nov 14, 2025

Mishra Dhatu Nigam Secures Rs. 306 Crore Order, Bolstering Order Book to Rs. 2,212 Crore Oct 14, 2025

More news about Mishra Dhatu Nigam

04Oct 25

MIDHANI Appoints Shri Padavittan Babu as Director of Production & Marketing

Mishra Dhatu Nigam Limited (MIDHANI) has appointed Shri Padavittan Babu as the new Director of Production & Marketing for a five-year term. Babu, currently General Manager (Technical Services), will assume the role with a pay scale of Rs. 1,60,000 - 2,90,000 (IDA). The appointment was conveyed by the Department of Defence Production, Ministry of Defence, and will commence from the date Babu takes charge. MIDHANI will provide additional disclosure information after Babu officially assumes the position.

18Sept 25

MIDHANI Chairman's Additional Role as Director Extended for One Month

Mishra Dhatu Nigam Limited (MIDHANI) announced that Dr. S.V.S. Narayana Murty, the company's Chairman & Managing Director, will continue his additional role as Director (Production & Marketing) from October 1, 2025, for one month or until a regular incumbent joins. This extension was approved by the Department of Defence Production, Ministry of Defence, ensuring leadership continuity in MIDHANI's production and marketing operations.

15Sept 25

MIDHANI Secures Rs. 136 Crore Order, Boosting Open Order Position to Rs. 1,983 Crore

Mishra Dhatu Nigam Limited (MIDHANI) has received a new order worth Rs. 136.00 crore, increasing its total open order position to Rs. 1,983.00 crore. The company, a Government of India Enterprise specializing in metals and metal alloys, disclosed this information in a regulatory filing to the BSE and NSE. Paul Antony, Company Secretary & Compliance Officer, communicated this development in compliance with SEBI regulations.

23Aug 25

Mishra Dhatu Nigam Reports 150% Jump in Q1 Net Profit, Eyes Rs 1,300-1,500 Crore Revenue for FY2026

Mishra Dhatu Nigam Limited (MIDHANI) reported robust Q1 FY2026 results. Turnover increased 4.31% to Rs 170.50 crores, while profit after tax surged 150.49% to Rs 12.80 crores. EBITDA grew 32.86% to Rs 41.28 crores with a 24.22% margin. The company's order book stands at Rs 1,827.00 crores, with 80% from defense projects. MIDHANI targets FY2026 revenue of Rs 1,300-1,500 crores and aims to reach Rs 2,000 crores turnover in five years. The company is expanding its product portfolio, including establishing powder manufacturing facilities for additive manufacturing applications.

21Jul 25

MIDHANI Appoints Madhubala Kalluri as New Director of Finance

Mishra Dhatu Nigam Limited (MIDHANI) has appointed Ms. Madhubala Kalluri as the new Director of Finance, effective July 21, 2025. She will serve until August 31, 2027, or until further orders from the Ministry of Defence. Ms. Kalluri, with over 32 years of experience at MIDHANI, previously served as General Manager (Finance) and briefly as CFO. She holds a postgraduate degree in Commerce and is a Fellow Member of The Institute of Cost Accountants of India. Her appointment concludes Dr. S. V. S. Narayana Murty's temporary charge of the role.

15Jul 25

Mishra Dhatu Nigam Secures ₹6,000 Crore Superalloy Deal with HAL

Mishra Dhatu Nigam Limited (MIDHANI) has signed a contract to supply superalloys worth ₹6,000 crore to Hindustan Aeronautics Limited (HAL). This deal value represents nearly 79% of MIDHANI's current market capitalization of ₹7,600 crore. The agreement underscores MIDHANI's significant role in India's aerospace and defense sectors, potentially providing a stable long-term revenue stream. This collaboration aligns with the government's 'Make in India' initiative, promoting self-reliance in critical sectors.

29May 25

Mishra Dhatu Nigam's Q4 Net Profit Surges 21% Year-over-Year

Mishra Dhatu Nigam's Q4 consolidated net profit increased by 21.38% year-over-year to 562.00 million rupees, up from 463.00 million rupees. Compared to the previous quarter, net profit surged by 120.39%. Revenue grew by 5.13% year-over-year to 4,100.00 million rupees. The company's strong financial performance indicates improved profitability and steady growth in the metallurgical sector.

28May 25

Mishra Dhatu Nigam Reports Strong Q4 Performance with 21% Profit Surge

Mishra Dhatu Nigam Limited (MIDHANI) announced strong Q4 results with a 21.4% increase in consolidated net profit to ₹56.20 crore, up from ₹46.30 crore year-over-year. Revenue rose 5.1% to ₹410.00 crore. Quarterly operating profit margin improved to 20.79% from 16.87% in Q3. For FY2024, total revenue grew 21.20% to ₹1,102.60 crore, but net profit declined to ₹91.80 crore from ₹156.30 crore in FY2023.

28Apr 25

Mishra Dhatu Nigam Shares Surge 8% on New CMD Appointment

Mishra Dhatu Nigam Limited (MIDHANI) shares rose 8% following the appointment of Dr. S.V.S. Narayana Murty as Chairman & Managing Director (CMD) on April 28, 2025. Dr. Murty, with a Ph.D. in Metallurgical Engineering and extensive experience in advanced materials development at ISRO, will lead the company until December 31, 2029. His impressive credentials include multiple awards in metallurgy and over 325 publications in international journals.

01Apr 25

Mishra Dhatu Nigam Reports Stable Sales and Record-Breaking Exports in FY 2024-25

Mishra Dhatu Nigam Limited (MIDHANI) released its performance highlights for FY 2024-25. The company maintained stable sales at Rs. 1070.00 crore, a slight decrease from Rs. 1072.67 crore in the previous year. Notably, MIDHANI achieved its highest-ever export figure of Rs. 94.00 crore, a 47.52% increase from Rs. 63.72 crore in FY 2023-24. This significant growth in exports demonstrates MIDHANI's expanding global presence and increasing international demand for its products.

24Mar 25

Mishra Dhatu Nigam Shares Surge 6% Ahead of Interim Dividend Record Date

Mishra Dhatu Nigam Limited (MIDHANI) shares rose nearly 6% to ₹303.90 on March 24, 2023, as investors positioned themselves before the interim dividend record date of March 25. The company's board approved an interim dividend of ₹0.75 per share for FY 2023-24 on March 19, representing a 7.5% yield on face value. The ex-dividend date is set for March 26, 2023.

19Mar 25

Mishra Dhatu Nigam Stock Surges 7% on Potential Interim Dividend Announcement

Mishra Dhatu Nigam Limited (MIDHANI) shares jumped over 7% as the company's board is set to meet to consider an interim dividend for FY 2024-25. The record date for the potential dividend is March 25, 2025. Separately, MIDHANI received fines from BSE and NSE for non-compliance with SEBI regulations regarding board composition, which the company plans to contest.

12Mar 25

Mishra Dhatu Nigam Board to Convene on March 20 for Interim Dividend Consideration

Mishra Dhatu Nigam Limited (MIDHANI) has announced a board meeting on March 20, 2025, to consider an interim dividend for FY 2024-25. The record date is set for March 20, 2025, if the dividend is declared. The trading window will be closed from March 13 to March 22, 2025, for designated persons and their immediate relatives.