Mishra Dhatu Nigam
380.30
+2.70(+0.72%)
Market Cap₹7,074.00 Cr
PE Ratio60.02
Company Performance:
1D+0.72%
1M-7.82%
6M+33.18%
1Y+2.24%
5Y+111.98%
View Company Insightsright
More news about Mishra Dhatu Nigam
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.
Mishra Dhatu Nigam
380.30
+2.70
(+0.72%)
1 Year Returns:+2.24%
Industry Peers
Hindustan Aeronautics
4,878.50
(+0.35%)
Bharat Electronics
412.80
(+0.24%)
Solar Industries
14,058.00
(+0.16%)
Bharat Dynamics
1,540.00
(+2.33%)
Data Patterns
2,806.80
(+2.75%)
Zen Technologies
1,376.60
(+1.99%)
Astra Microwave Products
1,081.20
(+2.61%)
Apollo Micro Systems
293.65
(+0.07%)