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  4. MISHRA DHATU NIGAM LTD.
Mishra Dhatu Nigam Ltd.
NSE: MIDHANI | BSE: 541195

Mishra Dhatu Nigam Live Share Price Today, Share Analysis and Chart

Expensive Performer
BasketIn 2 Starfolio Baskets
aboutMishra Dhatu Nigam Ltd. (MIDHANI) is a specialized metals and alloys manufacturing facility under the administrative control of the Ministry of Defence, Government of India. As a Mini-Ratna Category-I PSU, the company plays a strategic role in ac... Read More
Ask AI about Mishra Dhatu Nigam
360.75-17.75(-4.69%)

25.22% Fall from 52W High

450.5K
NSE+BSE Volume

NSE 30 Oct, 2026 3:31 PM (IST)

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My Notes

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- / 100
- / 100
42.6 / 100
Expensive PerformerThese stocks are strong in quality but with mid-range technicals. Their valuations are expensiveView SimilarEmbed DVM
Analyst Price Target
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12

S

10

W

6

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SWOT Analysis

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Medium rank

11Positive12Negative

47.8%Pass in checklist

045
55
100

PE Valuation Check

Right Now
Fairly Valued
3.4%
1 Year Forward
Undervalued
38.8%
INSIGHTMishra Dhatu Nigam is fairly valued at current PE, but undervalued on future earnings estimates

Mishra Dhatu Nigam Stock Price Analysis

Day Price Range

-4.7% 1 Day return
360.8 (LTP)
359377.6
LowHigh

Week Price Range

-0.2% 1 Week return
360.8 (LTP)
356.4380.8
LowHigh

Month Price Range

-17.6% 1 Month return
360.8 (LTP)
356.4465.8
LowHigh

52 Week Price Range

-6.3% 1 Year return
360.8 (LTP)
266.6482.4
LowHigh
View full Price History/Seasonality

Mishra Dhatu Nigam Forecaster - Analyst Share Price Target and Estimates

Revenue forecast

Hit

Mishra Dhatu Nigam's Revenue was higher than average estimate 2 times in past 3 years

EPS forecast

CURRENT EPS
7
AVG. ESTIMATE
9.7
LOW ESTIMATE
9.3
HIGH ESTIMATE
10
CURRENT EPS
AVG. ESTIMATE
Hit

EPS is expected to grow by 38.5% in FY27

Consensus Recommendation

3 ANALYST Recommendations
STRONG BUY

The consensus recommendation from 3 analysts for Mishra Dhatu Nigam is STRONG BUY

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Mishra Dhatu Nigam Technical Analysis

Mishra Dhatu Nigam EMA & SMA

Bearish-8
0 bullish, 8 bearish
Bullish0
Bearish8
5 Day370.9
10 Day381.6
12 Day385.5
20 Day396.9
26 Day402.0
50 Day410.6
100 Day409.7
200 Day398.5

Mishra Dhatu Nigam Delivery And Volume

Daily Avg. Delivery Volume %
30 Oct, 202655.2%
Week38.8%
Month40.6%
Legend
Positive IndicatorNeutral IndicatorNegative Indicator

Mishra Dhatu Nigam Resistance and Support

365.77
Pivot
First Resistance372.5
Second Resistance384.3
Third Resistance391.1
First Support354.0
Second Support347.2
Third Support335.4
Day RSI32
Day MACD-16.5
Day MFI28
Day MACD Signal Line-10.9

Mishra Dhatu Nigam Beta

1 Month0.8
1 Year1.4
3 Month0.6
3 Year1.5

Mishra Dhatu Nigam Price Change Analysis

↓-17.6%
Over 1 Month
LowHigh
356.4465.9
↓-8.9%
Over 3 Months
LowHigh
356.4482.4
↓-7.5%
Over 6 Months
LowHigh
356.4482.4
↓-6.3%
Over 1 Year
LowHigh
266.7482.4
All Technicals →

Mishra Dhatu Nigam Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026
 
NameCategorySharesShares %
President Of IndiaPromoter138,631,60074 %
HufPublic1,438,3440.8 %
Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage FundDii6,450,0003.4 %

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

All Shareholding details

Mishra Dhatu Nigam Deals - Insider, Bulk, Block and SAST

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
MICROCURVES TRADING PRIVATE LIMITEDBulkSell08 Sep 2026471.433,195,357NSE
GRAVITON RESEARCH CAPITAL LLPBulkSell08 Sep 2026459.11950,440NSE
JUNOMONETA FINSOL PRIVATE LIMITEDBulkSell08 Sep 2026470.731,189,149NSE
QE SECURITIES LLPBulkSell08 Sep 2026468.551,062,276NSE
JUNOMONETA FINSOL PRIVATE LIMITEDBulkPurchase08 Sep 2026470.521,181,079NSE
GRAVITON RESEARCH CAPITAL LLPBulkPurchase08 Sep 2026458.89950,440NSE
MICROCURVES TRADING PRIVATE LIMITEDBulkPurchase08 Sep 2026471.153,195,357NSE
QE SECURITIES LLPBulkPurchase08 Sep 2026467.961,024,458NSE
MICROCURVES TRADING PRIVATE LIMITEDBulkSell13 Aug 2026446.171,064,722NSE
MICROCURVES TRADING PRIVATE LIMITEDBulkPurchase13 Aug 2026445.921,064,722NSE
All deals
All insider trades

Mishra Dhatu Nigam Corporate Actions

Mishra Dhatu Nigam Dividend history and yield

Mishra Dhatu Nigam dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Mishra Dhatu Nigam dividend yield over time.

#Ex-Date
Dividend AmountDividend TypeRecord DateInstrument Type
123 Sep 2026
1.25FINAL23 Sep 2026Equity Share
218 Mar 2026
0.85INTERIM19 Mar 2026Equity Share
325 Mar 2025
0.75INTERIM25 Mar 2025Equity Share
422 Mar 2024
1.41INTERIM22 Mar 2024Equity Share
522 Sep 2023
1.67FINAL22 Sep 2023Equity Share

Mishra Dhatu Nigam Board Meetings

Mishra Dhatu Nigam past and upcoming board meetings.

#Ex-Date
PurposeNotes
112 Aug 2026
Quarterly Results-
229 May 2026
Audited Results & Final Dividend-
313 Mar 2026
Interim Dividend-
412 Feb 2026
Quarterly Results-
513 Nov 2025
Quarterly Results-
All Corporate Actions

Mishra Dhatu Nigam Research Reports

Mishra Dhatu Nigam research reports with share price targets, and buy/hold/sell recommendations from top brokers.

#
Date
Broker NameTargetPrice When RecommendedTypeUpsideChange Since RecommendationLinks
117 Aug 2026ICICI Securities Limited
Target
510437.5Buy16.57%-17.54%pdf
203 Jun 2026ICICI Securities Limited
Target
480443.25Buy8.29%-18.61%pdf
303 Jun 2026ICICI Direct
Target
500443.25Buy12.8%-18.61%pdf
417 Feb 2026ICICI Direct425365Buy16.44%-1.16%pdf
516 Nov 2025ICICI Direct
Target
460361.2Buy27.35%-0.12%pdf
All Reports of Mishra

Mishra Dhatu Nigam Corporate Filings

Mishra Dhatu Nigam BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

DateAnnouncement TitleDetailsLinks
27 Oct 2026
Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release
PDF
09 Oct 2026
Mishra Dhatu Nigam Ltd - 541195 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
PDF
01 Oct 2026
Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Change in Management
Retirement for General Manager (Engineering Services).
PDF
30 Sep 2026
Mishra Dhatu Nigam Ltd - 541195 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Voting Results and Scrutinizer''s Report for 52nd AGM.
PDF
30 Sep 2026
Mishra Dhatu Nigam Ltd - 541195 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings of 52nd AGM.
PDF
VIEW ALL

Mishra Dhatu Nigam DocumentsAsk MarketMind AI

Mishra Dhatu Nigam Earnings Call

Mishra Dhatu Nigam earnings calls, including management commentary and AI-generated summaries.

DateTitleLinks
22 Aug 2026Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
06 Jun 2026Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
17 Feb 2026Mishra Dhatu Nigam Results Earnings Call for Q3FY26AudioVideo
19 Nov 2025Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
23 Aug 2025Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAi summaryLink
view all

Mishra Dhatu Nigam Annual Reports

Mishra Dhatu Nigam financials, including annual results, balance sheets, and cash flow statements.

DateReport TitleLinks
2026Annual Report Mar-2026Link
2025Annual Report Mar-2025Link
2024Annual Report Mar-2024Link
2023Annual Report Mar-2023Link
2022Annual Report Mar-2022Link

Mishra Dhatu Nigam Credit Ratings

Mishra Dhatu Nigam credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

DateRating AgencyCompany NameDescriptionLinks
29 Jan 2026crisil ratingsMishra Dhatu Nigam LimitedMishra Dhatu Nigam Limited:Ratings reaffirmed at 'Crisil AA- / Stable / Crisil A1+ 'Link
09 Sep 2025crisil ratingsMishra Dhatu Nigam LimitedMishra Dhatu Nigam Limited:Update on Mishra Dhatu Nigam LimitedLink
20 May 2025crisil ratingsMishra Dhatu Nigam LimitedMishra Dhatu Nigam Limited:Update on Mishra Dhatu Nigam LimitedLink
03 Feb 2025crisil ratingsMishra Dhatu Nigam LimitedMishra Dhatu Nigam Limited:Ratings reaffirmed at 'Crisil AA-/Stable/Crisil A1+'Link
27 Feb 2024crisil ratingsMishra Dhatu Nigam LimitedMishra Dhatu Nigam Limited:Ratings reaffirmed at 'CRISIL AA-/Stable/CRISIL A1+'Link

Mishra Dhatu Nigam Investor Presentations

Mishra Dhatu Nigam investor presentations, including business updates, financial insights, and strategic initiatives.

DateReport TitleLinks
09 Dec 2020Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
08 Aug 2019Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
30 May 2019Mishra Dhatu Nigam Ltd - 541195 - Announcement under Regulation 30 (LODR)-Investor PresentationLink

Mishra Dhatu Nigam - Company Profile

Mishra Dhatu Nigam Management Structure

Mishra Dhatu Nigam management structure with salaries, total experience, and qualifications.

NAMEDESIGNATIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Madhubala KalluriDirector(Finance),Whole Time Director,General Manager(Accounts),Chief Financial Officer51.41Mar 25
Smt. Spurthi ReddyChief Vigilance Officer-Mar 25
PAUL ANTONYCompany Secretary,Compliance Officer-Mar 25
Shri. Arun Kumar SharmaGeneral Manager(Technical,Services)-Mar 25
Shri. Anand Kumar KaluvalaGeneral Manager-Mar 25
Shri. P. BabuGeneral Manager(Technical,Services)-Mar 25
Shri. S K DwivediGeneral Manager(P-III)-Mar 25
Shri. A. RavichandranGeneral Manager(Quality Management)-Mar 25
Shri. V. RathodGeneral Manager(ES.,MRSS,Utilities)-Mar 25
Shri. Shashi Kumar DwivediGeneral Manager(P-III)-Mar 25

Mishra Dhatu Nigam Board of Directors

Mishra Dhatu Nigam Board of directors with salaries, total experience, and qualifications.

NAMEPOSITIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
S.V.S. Narayana MurtyChairman / Executive Director / Managing Director61.14Mar 26
Madhubala KalluriED - Finance / CFO / GM - F&A36.79Mar 26
Padavittan BabuExecutive Director- Projects22.93Mar 26
Sameer MundraIndependent Non Exe. Director-Mar 26
Pugazhendhy ArumugamIndependent Non Exe. Director-Mar 26
PAUL ANTONYCompany Sec. & Compli. Officer-Mar 26
Meera MohantNominee (Govt)-Mar 26
Website: midhani-india.in/

About the company - Business Profile

Mishra Dhatu Nigam Ltd. (MIDHANI) is a specialized metals and alloys manufacturing facility under the administrative control of the Ministry of Defence, Government of India. As a Mini-Ratna Category-I PSU, the company plays a strategic role in achieving self-reliance for India’s critical sectors, including Defence, Space, and Energy. MIDHANI is one of the few facilities globally capable of manufacturing a wide range of superalloys, titanium alloys, and special steels required for high-tech applications.

Key Points

  • Key Facts:
    • Founded: 1973.
    • Headquarters: Hyderabad, Telangana.
    • Ownership: Government of India Enterprise (Ministry of Defence).
    • Stock Listing: Listed on BSE and NSE.
    • Products: Superalloys, Titanium alloys, Special Steels, Armour products, and Molybdenum.
  • Operations and Resources:
    • Hyderabad Unit: The primary manufacturing facility equipped with advanced vacuum melting, refining, and processing capabilities. It produces forged bars, rings, near-net shapes, closed die forgings, and cold-rolled sheets.
    • Rohtak Unit: A dedicated armoring facility in Haryana established to address the operational needs of security forces.
    • Assets: Notable assets include an 8-ton Vacuum Induction Melting (VIM) furnace and a 6000-ton forging press.
  • Market and Significance:
    • MIDHANI serves as a critical supplier for national missions, including GSLV-F16/NISAR and ADITYA-L1.
    • It is a strategic partner to the Indian Space Research Organisation (ISRO), Defence Research and Development Organisation (DRDO), and various Ordnance Factories.
  • Business Model and Competencies:
    • The business model revolves around the high-value manufacturing of specialty metals that are otherwise restricted for import.
    • Core Strength: Expertise in the complete metallurgy chain, from melting and casting to finished fabricated products. It excels in indigenous development of materials for ballistic protection and aerospace engines.
  • Financial Performance (FY 2024-25):
    • Revenue from Operations: ₹1,07,410.15 Lakh.
    • Profit After Tax (PAT): ₹11,006.87 Lakh.
    • EBITDA Margin: 23.18%.
    • Value of Production (VoP): ₹1,06,562.38 Lakh.
    • Order Book: As of April 1, 2025, the open order value stood at ₹1,83,200 Lakh.
  • Revenue Breakdown by Sector (FY 2024-25):
    • Defence: ₹79,060.40 Lakh (73.6%).
    • Space: ₹12,083.30 Lakh (11.2%).
    • Energy: ₹1,019.50 Lakh (0.9%).
    • Others: ₹15,246.95 Lakh (14.2%).
  • Strategic Initiatives and Innovation:
    • Metal Bank: Entered into an MoU in November 2025 to create a "metal bank" to ensure an uninterrupted supply of imported raw materials.
    • ABHED Bulletproof Jacket: Signed an MoU for the production of "ABHED" bulletproof jackets, a technology developed by DRDO and IIT Delhi.
    • Export Focus: The company aims to increase export revenue from the current level to 10% initially, with a long-term target of 30%.
    • Indigenization: Heavy focus on the "Aatmanirbhar Bharat" initiative, transitioning from a space-heavy order book to significant growth in the Defence sector.
  • Sustainability:
    • Renewable Energy: Consumed 66,34,256 MJ of energy from renewable sources in FY25.
    • Waste Management: Responsibly disposed of 109 MT of waste.
    • Procurement: 54.49% of procurement was sourced from MSEs.

References

  1. Annual Report May 2025
  2. Annual Report May 2024
  3. Earnings Transcript Nov 2025
  4. Quarterly Results Feb 2026
  5. Quarterly Results Nov 2025

Mishra Dhatu Nigam FAQ

Mishra Dhatu Nigam today is trading in the red, down by 4.69% at ₹360.75.
Mishra Dhatu Nigam is currently trading down 4.69% on an intraday basis. In the past week the stock fell 0.25%. Stock has been down 8.9% in the past quarter and fell 6.34% in the past year. You can view this in the share price history/seasonality section.
Mishra Dhatu Nigam is listed on NSE with the ticker MIDHANI and on BSE as 541195. It's currently trading on NSE at a share price of ₹360.75 and on BSE with a share price of ₹363.55.
The market cap of Mishra Dhatu Nigam is ₹6,758.29 Cr. as of Oct 30, 2026.
Mishra Dhatu Nigam announced a FINAL dividend of 12.5% which equals ₹1.25 in Sep 23, 2026.The last three ex-dates for Mishra Dhatu Nigam were Mar 18, 2026, Mar 25, 2025 and Mar 22, 2024. To view the full dividend history of Mishra Dhatu Nigam click here.
Mishra Dhatu Nigam has never issued stock splits or bonus shares since the time of its listing on the BSE/NSE exchanges.
Mishra Dhatu Nigam reported ₹249.47 Cr. in revenue, ₹16.47 Cr. in net profit, and ₹46.6 Cr. in EBITD as of Aug 12, 2026 for Q1 FY26-27.
According to the predictions of 3 analysts, the share price prediction for Mishra Dhatu Nigam is ₹495 with an upside of 37%.
The PE ratio of Mishra Dhatu Nigam is 50.07 as of Oct 30, 2026.
The PB ratio of Mishra Dhatu Nigam is 4.36 as of Oct 30, 2026.
You can view the latest analyst reports on the Mishra Dhatu Nigam reports dashboard. Either click on the Reports tab on this page's sub-header or click here to be directed to the dashboard.
You can set real-time stock alerts on price, volume, SMA, and several other parameters by scrolling to the top of this page and clicking the bell icon on the far right-hand side of the stock overview.
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