Synopsis:
Mishra Dhatu Nigam Ltd is in focus after securing a significant new order worth Rs. 136 crore.
A small-cap company specializing in the manufacturing of superalloys, titanium, special purpose steel, and other advanced metals, Mishra Dhatu Nigam Limited (MIDHANI) has come into the spotlight after securing a significant new order worth Rs. 136 crore, further strengthening its position in the high-performance materials space.
With the market capitalization of Rs. 7,720.28 crore, the shares of Mishra Dhatu Nigam Limited is trading at Rs. 412.10, up by 1.44 percent from its previous day’s close price of Rs. 406.25 per equity share, and it has reached a high of Rs. 419.70 in the same trading day.
Work Order
Mishra Dhatu Nigam Limited (MIDHANI) has secured a new order worth Rs. 136 crore, taking its total open order book to approximately Rs. 1,983 crore as of now. The company has not disclosed further details of the order.
Also Read: Stock under ₹100 jumps 5% after receiving ₹58 Cr order for storm water drainage project
About the Company & Others
Mishra Dhatu Nigam Limited (MIDHANI), founded in 1973 and headquartered in Hyderabad, manufactures and sells superalloys, titanium, special steels, and other advanced metals for aerospace, defence, nuclear, power, cryogenic, and engineering industries in India and abroad.
Its products include special steels, nickel- and cobalt-based superalloys, titanium alloys, rolled products, forgings, wires, welding consumables, fasteners, biomedical implants, and armour solutions.
As of FY24-25, Mishra Dhatu Nigam Limited (MIDHANI) generated revenue from a diverse set of sectors, reflecting its strong presence in strategic and high-performance materials. Defence and PSU projects together accounted for the largest share at 37 percent each, underlining the company’s critical role in national infrastructure and security.
The Space sector contributed 11 percent, exports added 9 percent, while the Energy segment accounted for 1 percent of total revenue, highlighting MIDHANI’s broad industrial footprint both domestically and internationally.
A return on equity (ROE) of about 8.05 percent, a return on capital employed (ROCE) of about 10.6 percent and debt to equity ratio at 0.25 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 65.5x lower as compared to its industry P/E 74.1x.
In Q1FY26, the company reported revenue of Rs. 170 crore, up 4 percent YoY from Rs. 163 crore but down sharply 59 percent QoQ from Rs. 411 crore. Net profit stood at Rs. 13 crore, rising 160 percent YoY from Rs. 5 crore but declining 77 percent QoQ from Rs. 56 crore, reflecting strong annual growth but significant sequential slowdown.
Written by Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
