MIDHANIUpdated 1 Sept 2026, 5:45

Mishra Dhatu Nigam Ltd

MIDHANIUpdated 1 Sept 2026, 5:45

Market Cap

₹7,759Cr.

Current Price

₹414

High / Low

₹457/267

Stock P/E

57.8

ROE8.88%

ROCE11.3%

Book Value₹81.7

Face Value₹10.0

Dividend Yield0.21%

About

Mishra Dhatu Nigam Ltd (MIDHANI) manufactures superalloys, titanium, special purpose steel and other special metals.[1]It was incorporated in 1973 at Hyderabad as a Government of India Enterprise under the Ministry of Defence.[2]GoI still owns ~74% stake in the company after its IPO in 2018.[3]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Jun 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	124	106	136	228	181	152	173	130	132	110	139	167
Inventory Days	704	372	277	749	984	2,784	1,381	2,088	—	—	—	935
Days Payable	158	68	89	299	248	394	148	336	—	—	—	80
Cash Conversion Cycle	670	410	324	678	916	2,542	1,407	1,882	132	110	139	1,022
Working Capital Days	144	144	128	144	223	362	321	346	389	332	357	327
ROCE %	26%	27%	28%	25%	22%	21%	21%	19%	15%	9%	11%	11%

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 1 September 2026 at 5:45

MISHRA DHATU NIGAM LTD (MIDHANI) financials — quarterly results, P&L, cash flow, balance sheet, shareholding