Partnership/JV
Mishra Dhatu Nigam Signs Critical Metals Recovery MoU
Mishra Dhatu Nigam signed an MoU with HWB and BARC to recover nickel and cobalt from plant reverts, supporting resource efficiency and sustainable critical-metal supply.
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Investor Presentation
Q2 FY21
Investor Presentation
Q1 FY20
Investor Presentation
Q4 FY19

Aerospace & Defense
Aerospace & Defense
7,092 Cr
High Risk
52.5
44.1
1.6
4.6
481.90
266.70
Sales CAGR
Profit CAGR
ROE
ROCE
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Mishra Dhatu Nigam Ltd (MIDHANI) is currently trading at 363.55 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Mishra Dhatu Nigam Limited (MIDHANI) is India’s Navratna CPSE metallurgical specialist producing superalloys, titanium alloys, maraging steels and specialised metallic products for defence, space, nuclear and strategic industries, with a portfolio exceeding 500 alloy grades and unique domestic leadership in titanium and nickel-based superalloys. Q1 FY27 operational performance showed strong top-line momentum: turnover of Rs.239.49 crore (up 40.5% YoY), value of production Rs.260.36 crore (up 7.9% YoY), EBITDA Rs.46.6 crore (up 12.9% YoY) and PAT of Rs.16.31 crore (up 27.4% YoY), indicating healthy execution despite input cost pressures. Order book at Rs.2,329 crore as of 1 July 2026 provides multi-quarter visibility, with an order mix of roughly 66% defence, 21% space and 9% energy; this composition positions MIDHANI to capture near-term demand linked to indigenisation and national strategic programmes. MIDHANI secured GE’s S400 laboratory approval allowing in-country mechanical, chemical and metallography testing for aerospace-grade specimens, and is pursuing Nadcap/NAS410 accreditation and ISO 27001/50001, which could materially accelerate customer qualifications, export potential and third-party testing revenue streams. Near-term margin compression in Q1 was driven by LPG fuel spike and adverse RM price variance (~Rs.13–14 crore); management expects normalization by Q3, while multi-year CapEx, a planned metal bank and process modernization aim to lift yields, reduce volatility and expand higher-margin alloy execution over time.
Over the past 52 weeks, Mishra Dhatu Nigam Ltd has traded between a low of ₹266.70 and a high of ₹481.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Mishra Dhatu Nigam Ltd has a market capitalization of approximately 7,091.76. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Mishra Dhatu Nigam Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 52.54 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 7,091.76 Cr, Mishra Dhatu Nigam Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Mishra Dhatu Nigam Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Mishra Dhatu Nigam Ltd is 52.54. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
As of January 1, 2026, Mishra Dhatu Nigam Limited (MIDHANI) reported a robust order book position of ₹2,440 crore, providing strong visibility for future revenue.
