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MIDHANIMishra Dhatu Nigam Limited

Rs 362▲ +0.10%
Market closedEquity EOD 26 Oct
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52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.44.2% up the range
Rs 267Rs 482
MIDHANI price
Daily candles, adjusted for splits and bonus issues so a corporate action does not show as a crash. Pick a window from one month to the full history, add indicators, or open it full screen.
EOD 26 Oct
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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 6,782 cr
Larger than 50% of 22 peers
sector middle Rs 7,058 cr
P/EPrice to earnings: how many rupees investors pay for each rupee of profit the company made over the last twelve months. Compare it with similar companies rather than reading it alone.
50.2x
Lower than 81% of 16 peers
sector middle 108.0x
Price to bookPrice to book: the share price divided by the shareholders' money per share in the latest balance sheet. Around 1 means the market values the company close to its book value.
4.4x
Lower than 86% of 22 peers
sector middle 8.8x
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
8.8%
Lower than 61% of 18 peers
sector middle 11.2%
FY23 12.2%FY26 8.6%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
8.8%
Lower than 70% of 23 peers
sector middle 15.6%
FY23 11.8%FY26 8.8%
Debt to equityBorrowings divided by shareholders' money. 0 means no borrowings; 1 means it owes as much as its owners have put in. Not shown for banks and lenders, whose borrowing is their business.
0.19
Higher than 65% of 23 peers
sector middle 0.10
FY23 0.30FY26 0.19
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.2%
Higher than 81% of 21 peers
sector middle 0.1%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
+40.5%
Higher than 72% of 18 peers
sector middle +29.6%
FY23 1.4%FY24 23.0%

Peers are the listed companies in the exchange's own industry group: Aerospace & Defense. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 12 Aug 2026), sales rose 40.5% from a year earlier to Rs 239 cr and profit rose 27.0% to Rs 16.5 cr.

Nothing in the filings we hold crosses one of our rules yet. Each rule needs a few complete years of results, so recently listed companies often show nothing here.

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 20 results, the share rose on 5 and fell on 15, and moved by 3% or more on 11.

Q4 FY22Q4 FY23Q4 FY24Q1 FY26Q1 FY27

Q1 FY27: results filed 12 Aug 2026. The share went from its close on 11 Aug 2026 to its close on 13 Aug 2026 +4.00%.

Where every Rs 100 of sales goes
From the company's own yearly results. Each year is scaled to that year's sales, so you compare shares, not size: how much went on running costs, depreciation, interest and tax, and how much was left as profit.
4 financial years
Sales, last 12 months
Rs 1,278 Cr
Profit, last 12 months
Rs 135 Cr
Earnings per share
Rs 7.2
Profit growth (qtr, YoY)
+27.00%

Of every Rs 100 of sales in FY26, Rs 80 went on running costs, Rs 5.5 on depreciation, Rs 2.1 on interest and Rs 4.4 on tax; Rs 11 was left as profit.

FY22
69
7.3
21
FY23
70
18
FY24
82
8.6
FY26
80
11
Sales (Rs 100)Other incomeRunning costsDepreciationInterestTaxProfit

Thin bar: money in (sales plus other income). Thick bar: where it went. Each year is scaled to its own sales, so the bars compare shares, not size.

How fast it has grown
Compound growth per year in sales, profit and earnings per share between financial years, from the company's own results. A span appears only if our filings cover both ends of it.
Sales
3 yrs
+11.5%/yr
Latest qtr
+40.5%
Profit
3 yrs
-5.6%/yr
Latest qtr
+27.0%

Per year, compounded, between financial years FY26 and the year named; only spans our filings cover. The faint bar is the latest quarter against the same quarter a year earlier. Earnings per share is not shown: filed figures are not adjusted for bonus issues and splits, so its growth would mislead.

Health check, year by year
Margins, returns, debt and interest cover for each financial year. Each row is coloured against this company's own usual level, so you see what is improving and what is slipping.
MeasureFY22FY23FY24FY26
Sales growthSales against the previous financial year.-1.4%23.0%-
Operating marginProfit from operations, before depreciation, interest and tax, per Rs 100 of sales.30.5%29.5%18.1%19.7%
Net marginProfit after everything, per Rs 100 of sales.20.5%17.9%8.6%10.9%
ROEProfit as a percentage of shareholders' money (from the March balance sheet).-12.2%7.0%8.6%
ROCEOperating profit as a percentage of all long-term capital, owners' and lenders'.-11.8%7.8%8.8%
Debt to equityBorrowings divided by shareholders' money. Lower is safer.-0.30x0.25x0.19x
Interest coverHow many times operating profit covers the interest bill. Higher is safer.12.1x9.4x4.8x8.3x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 3,221 Cr of assets. Its owners funded 48% of that and borrowings 9%.

What it owns
34%
41%
17%
Plant, property and projects1,079 Cr
Goodwill and intangibles3 Cr
Investments24 Cr
Inventory1,333 Cr
Owed by customers554 Cr
Cash and bank192 Cr
Everything else36 Cr
How that is paid for
48%
40%
Shareholders1,532 Cr
Borrowings284 Cr
Owed to suppliers114 Cr
Other liabilities1,291 Cr
Cash and equivalents
Rs 192 Cr
Net debt
Rs 92 Cr
Current ratio
2.52x
short-term assets per rupee due soon
Book value / share
Rs 82
Return on assets
4.2%
EV / EBITDA
24.9x

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs 155 Cr, spent Rs 49 Cr on plant and equipment, and cash rose by Rs 21 Cr over the year.

From running the business
+155 Cr
Spent on or received from investing
-150 Cr
From or to lenders and shareholders
+16 Cr
Net change in cash
+21 Cr
Cash from operations for every Rs 100 of profit
Rs -23
FY23
Rs 235
FY24
Rs 118
FY26

Rs 100 or more means every rupee of reported profit arrived as cash.

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Aerospace & Defense · 27
P/E50.21vs 107.98 median
Cheapest: GRSE 26.74Priciest: AXISCADES 227.1
Net margin10.56%vs 10.95% median
Lowest: KAVDEFENCE -17.68%Highest: ZENTEC 29.31%
Revenue growth40.47%vs 29.59% median
Lowest: KAVDEFENCE -63.12%Highest: IDEAFORGE 436.68%
Compared against
AEQUSAPOLLOASTRAMICROAVANTELAXISCADESBDLBELC2CCENTUMCYIENTDLMDATAPATTNSDCXINDIAGRSEHALIDEAFORGEJAYKAYKAVDEFENCEKRISHNADEFNIBEPARASROSSTECHSIGMAADVSIKATANAATECHERAUNIMECHZENTEC

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Aerospace & Defense · 24 shown
Company
HAL
Hindustan Aeronautics Limited
3.19 L cr34.3x7.8x22.7%13.8%0.0027.6%+14.4%1.05%
BEL
Bharat Electronics Limited
2.65 L cr43.2x11.1x25.6%31.9%0.0021.4%+24.9%0.78%
BDL
Bharat Dynamics Limited
37,719 cr72.4x8.9x12.3%7.2%0.0018.8%+130.8%0.50%
GRSE
Garden Reach Shipbuilders & Engineers Limited
21,411 cr26.7x8.2x30.5%36.8%0.0010.7%+38.5%0.95%
DATAPATTNS
Data Patterns (India) Limited
21,133 cr163.0x12.2x15.4%21.0%0.0028.5%+16.8%0.21%
AEQUS
Aequs Limited
16,257 cr-10.9x-1.1%0.27--0.00%
APOLLO
Apollo Micro Systems Limited
15,269 cr121.2x11.6x8.8%13.5%0.4111.2%+88.1%0.05%
ASTRAMICRO
Astra Microwave Products Limited
14,226 cr75.4x10.8x14.4%21.0%0.2216.6%-11.6%-
ZENTEC
Zen Technologies Limited
13,947 cr77.1x7.4x10.1%15.6%0.0029.3%-10.5%0.13%
UNIMECH
Unimech Aerospace and Manufacturing Limited
8,218 cr114.3x11.1x9.8%12.3%0.1525.3%+70.9%0.00%
AXISCADES
AXISCADES Technologies Limited
8,177 cr227.1x11.2x5.0%15.7%0.383.3%-24.8%0.00%
MIDHANI
Mishra Dhatu Nigam Limited
6,782 cr50.2x4.4x8.8%8.8%0.1910.6%+40.5%0.23%
CYIENTDLM
Cyient DLM Limited
5,939 cr72.4x5.9x8.1%10.5%0.106.0%+34.3%0.00%
CENTUM
Centum Electronics Limited
5,820 cr109.0x17.0x15.3%20.7%0.384.3%-25.3%0.15%
ROSSTECH
Rossell Techsys Limited
5,271 cr205.0x34.0x16.6%32.7%2.644.7%+77.1%0.01%
PARAS
Paras Defence and Space Technologies Limited
5,052 cr107.0x7.0x13.2%16.3%0.0418.8%+37.3%0.08%
AVANTEL
Avantel Limited
3,618 cr219.6x10.7x5.1%8.6%0.107.1%+35.6%0.15%
IDEAFORGE
Ideaforge Technology Limited
2,825 cr-4.7x--2.6%0.12-+436.7%0.00%
JAYKAY
Jaykay Enterprises Limited
2,576 cr-3.7x-30.0%0.01--0.00%
NIBE
NIBE Limited
1,719 cr-4.9x-3.6%4.5%0.30-2.9%-0.11%
KRISHNADEF
Krishna Defence And Allied Industries Limited
1,667 cr-8.6x-26.3%0.01--0.04%
DCXINDIA
DCX Systems Limited
1,504 cr-1.0x-1.4%0.8%0.00-3.3%-53.6%0.00%
KAVDEFENCE
Kavveri Defence & Wireless Technologies Limited
494 cr178.7x4.4x-1.0%1.1%0.04-17.7%-63.1%0.00%
SIGMAADV
SIGMA ADVANCED SYSTEMS LIMITED
----52.8%0.64---

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
4 years · 20 quarters
Full financial years - the long arc of the business.
Sales growth
+12.0%
a year, 3 years
Profit growth
-9.4%
a year, 3 years
Operating margin
19.7%
latest year
Sales by financial yearRs 1,209 Cr
Net profit by financial yearRs 132 Cr
FY224 full years · hover a yearFY26

Operating margin has gone from 30.5% to 19.7% over these years - the share of every rupee of sales kept after running costs, before interest and tax. Full financial years only, so a part-year is never shown as a whole one. Hover any year for its complete figures.

Dividends paid
Cash paid per share, from the exchange's corporate-action record, restated to today's share count across bonuses and splits. Dates shown are ex-dates: you must own the shares before that date to receive the payment.
0.35% yield
Rs 350 / year
Paid 8 of 9 yrs
on Rs 1 lakh at today's price · 0.35% yield · Rs 1.25/share
What each year paid, on Rs 1 lakh
580
605
431
768
856
925
390
345
18
19
20
21
22
23
24
25
26*
* 2026 so far - more may still be declared this year

2026 has paid Rs 1.25 per share, about Rs 345 on Rs 1 lakh at today's price. It skipped 1 of the last 9 years. Dividends are at the company's discretion and can be cut or skipped.

Large institutional deals
Bulk and block deals reported by the exchange, where a single large trade is disclosed along with the counterparty's name. Only deals above the exchange's disclosure threshold appear here.
last 8
DatePartySideQtyPriceValue
2026-09-08MICROCURVES TRADING PRIVATE LIMITEDSELL31,95,357471.43Rs 150.64 Cr
2026-09-08MICROCURVES TRADING PRIVATE LIMITEDBUY31,95,357471.15Rs 150.55 Cr
2026-09-08JUNOMONETA FINSOL PRIVATE LIMITEDSELL11,89,149470.73Rs 55.98 Cr
2026-09-08JUNOMONETA FINSOL PRIVATE LIMITEDBUY11,81,079470.52Rs 55.57 Cr
2026-09-08QE SECURITIES LLPSELL10,62,276468.55Rs 49.77 Cr
2026-09-08QE SECURITIES LLPBUY10,24,458467.96Rs 47.94 Cr
2026-09-08GRAVITON RESEARCH CAPITAL LLPSELL9,50,440459.11Rs 43.64 Cr
2026-09-08GRAVITON RESEARCH CAPITAL LLPBUY9,50,440458.89Rs 43.61 Cr
Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
27.7Oversold
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
40.4%Near average
today 40.4%20d avg 40.7%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-14.38%
vs 200-DMA
-7.21%
1-month
-13.02%
3-month
-7.82%
1-year
-4.13%
Realized vol (30d)
46.2%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.