Mishra Dhatu Nigam Limited
NSE: MIDHANI · Aerospace & Defense
Snapshot
Unlock Mishra Dhatu Nigam Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Mishra Dhatu Nigam Limited (MIDHANI) is a specialised metallurgical manufacturer producing super alloys, titanium, and special purpose steels. The company serves critical sectors including aerospace, defence, nuclear energy, and petrochemical industries.
Business Model
The company generates revenue through the manufacturing and sale of high-performance metal products, including bars, sheets, strips, and forged components. It operates as a strategic supplier for high-tech industries requiring materials that withstand extreme conditions.
- Founded:1973
Growth Outlook
Growth is driven by the increasing indigenisation of defence and aerospace manufacturing in India. The company is positioned to benefit from long-term demand for advanced materials in space exploration and strategic defence programmes.
Key Risks
- Concentration Risk. The company is heavily dependent on a limited number of government-led aerospace and defence programmes.
- Raw Material Price Volatility. Fluctuations in the global prices of nickel, cobalt, and titanium can significantly impact manufacturing margins.
- Technological Obsolescence. The requirement for continuous R&D investment is high to keep pace with evolving global metallurgical standards.
- Regulatory Dependency. As a public sector undertaking, the company's performance is closely tied to government defence spending and policy shifts.
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Key Metrics
REVENUE
₹1,278 Cr
TTM · consolidated
NET PROFIT
₹135 Cr
TTM · consolidated
EPS
₹7.21
TTM · consolidated
RETURN ON EQUITY
9.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
9.3%
TTM · consolidated
P/E
58.1x
Q1 FY27 · consolidated
EV/EBITDA
28.3x
Q1 FY27 · consolidated
EBITDA MARGIN
22.0%
TTM · consolidated
NET PROFIT MARGIN
6.9%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.1%
Q1 FY27 · consolidated
Peers · Aerospace & Defense
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Mishra Dhatu Nigam LimitedMIDHANI | ₹7,846 Cr | 58.09 | 28.26 | 18.2% | 22.0% | 9.2% | 9.3% | +10.2% |
Paras Defence and Space Technologies LimitedPARAS | ₹11,402 Cr | 120.73 | 78.13 | 36.6% | 28.5% | 14.1% | 18.6% | +112.6% |
Unimech Aerospace and Manufacturing Ltd.UNIMECH | ₹7,642 Cr | 106.12 | 56.15 | — | 48.2% | 10.2% | 14.6% | +46.8% |
Axiscades Technologies Ltd.AXISCADES | ₹7,280 Cr | 200.19 | 45.19 | 4.6% | 15.2% | 5.3% | 12.7% | +24.5% |
Rossell TechsysROSSTECH | ₹4,337 Cr | 168.70 | 60.76 | 46.0% | 14.0% | 17.8% | 41.1% | +62.5% |
Avantel LtdAVANTEL | ₹4,117 Cr | 286.96 | 82.28 | -10.5% | 22.6% | 5.2% | 10.0% | -2.3% |
As of Q1 FY27
Financials
Mishra Dhatu Nigam Limited
NSE: MIDHANI · Aerospace & Defense
Snapshot
Unlock Mishra Dhatu Nigam Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Mishra Dhatu Nigam Limited (MIDHANI) is a specialised metallurgical manufacturer producing super alloys, titanium, and special purpose steels. The company serves critical sectors including aerospace, defence, nuclear energy, and petrochemical industries.
Business Model
The company generates revenue through the manufacturing and sale of high-performance metal products, including bars, sheets, strips, and forged components. It operates as a strategic supplier for high-tech industries requiring materials that withstand extreme conditions.
- Founded:1973
Growth Outlook
Growth is driven by the increasing indigenisation of defence and aerospace manufacturing in India. The company is positioned to benefit from long-term demand for advanced materials in space exploration and strategic defence programmes.
Key Risks
- Concentration Risk. The company is heavily dependent on a limited number of government-led aerospace and defence programmes.
- Raw Material Price Volatility. Fluctuations in the global prices of nickel, cobalt, and titanium can significantly impact manufacturing margins.
- Technological Obsolescence. The requirement for continuous R&D investment is high to keep pace with evolving global metallurgical standards.
- Regulatory Dependency. As a public sector undertaking, the company's performance is closely tied to government defence spending and policy shifts.
Start your research today
Unlock AI insights, financials, peers and live data on Mishra Dhatu Nigam Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹1,278 Cr
TTM · consolidated
NET PROFIT
₹135 Cr
TTM · consolidated
EPS
₹7.21
TTM · consolidated
RETURN ON EQUITY
9.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
9.3%
TTM · consolidated
P/E
58.1x
Q1 FY27 · consolidated
EV/EBITDA
28.3x
Q1 FY27 · consolidated
EBITDA MARGIN
22.0%
TTM · consolidated
NET PROFIT MARGIN
6.9%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.1%
Q1 FY27 · consolidated
Peers · Aerospace & Defense
As of Q1 FY27