Mishra Dhatu Nigam share price, P/E, ROE & financials

As of 6 Nov 2026, Mishra Dhatu Nigam trades at 52.6× trailing earnings, above the industry P/E of 19.9×, and the shares are 21% below their 52-week high. It earns ROCE of 8.8% and ROE of 8.9%, and sales grew 12% a year over 3 years while net profit fell 5.6%. Its dividend yield is 0.7%, and debt is 0.27× equity. It is a small-cap company with a market cap of ₹7,108 Cr, ranked 24th of 150 Steel companies by market cap; the shares rose 1.7% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹381.00
Day high: ₹381.30
Day low: ₹370.90
Prev. close: ₹386.50
Volume: 5.7 L

Health check

1 good · 5 to check

ReturnsBehind
+1.7% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 52.6 vs industry 19.9.
GrowthSlow
Sales +11.6%, profit −5.6% a year over 3 years.
ProfitabilityWeak
ROCE 8.8% vs peer median 18.7%.
Balance sheetSolid
Debt 0.27× equity, interest covered 8.4×, Piotroski 7 of 9.
Red flags1 to check
P/E of 52.6 against an industry P/E of 19.9.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹7,108 Cr, #24 of 150 in its industry by size.

Defensive

Beta 0.73 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,278 Cr · profit ₹135 Cr

Market cap: ₹7,108 Cr; Small cap
P/E: 52.6; Industry 19.9
Price to book: 4.64; Peers 2.28
Dividend yield: 0.66%
ROE: 8.9%; Peers 23.4%
ROCE: 8.8%; Peers 18.7%
Debt to equity: 0.27; Debt ₹407 Cr
EPS (TTM): ₹7.21; Face value ₹10
OPM (TTM): 19.3%; Net margin 10.6%
Sales growth: +35.0%; Latest quarter vs a year ago
Profit growth: +27.0%; Latest quarter vs a year ago
Price to sales: 5.56; EV/EBITDA 30.0

Strengths

Quarterly profit up 27.0% on a year ago.
Quarterly sales up 35.0% on a year ago.

Risks to check

P/E of 52.6 against an industry P/E of 19.9.

Derived automatically from reported figures. Not a recommendation.

About Mishra Dhatu Nigam

Mishra Dhatu Nigam Limited manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally. The company provides high value speciality steels, including ultra-high strength steel, armour grade plates, precipitation hardening steel, and ferritic, martensitic and austenitic stainless steels; cast superalloy single-crystal blade material for aero engines; and Titanium alloys, such as ingots, forged…

Headquarters: Hyderabad
Employees: 760
Sector: Basic Materials
ISIN: INE099Z01011
Website: midhani-india.in

Price range

52 weeks

₹266.65₹482.40

Today

₹370.90₹381.30

Avg volume (3M): 18.2 L
1-year return: plus 1.7%
From 52-week high: minus 21.4%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
MIDHANIMishra Dhatu Nigam	379.40	minus 1.84%	7,108	52.6	28.8	8.8%	19.3%	0.27	11.6%	plus 1.7%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
169	208	275	531	227
134	175	220	415	191
34.2	32.8	54.6	116	36.6
20.3%	15.8%	19.9%	21.8%	16.1%
7.3	9.1	7.7	14.6	10.1
6.2	5.8	6.3	6.8	6.1
16.1	16.8	16.9	16.7	16.6
19.2	19.3	39.2	107	24.1
32.3%	32.9%	29.4%	27.3%	31.6%
13	13	27.6	77.9	16.5
0.69	0.69	1.48	4.16	0.88

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +11.6%
Profit CAGR 3Y: −5.6%
EPS CAGR 3Y: −5.6%
ROE: 8.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
850	1,031	1,053	1,182
–	+21.3%	+2.1%	+12.3%
577	823	819	928
273	208	234	254
32.1%	20.2%	22.2%	21.5%
23.7	17.5	16.5	24.7
25.7	34.6	29.4	25.1
53	58.6	63.5	66.4
−0.6	−1.3	−0.5	−2.5
217	131	157	185
28.0%	30.2%	29.3%	28.9%
156	91.8	111	131
–	minus 41.3%	+20.8%	+18.6%
8.34	4.90	5.92	7.02

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
187	187	187	187
1,098	1,132	1,228	1,345
489	433	350	407
1,089	1,154	1,150	1,282
2,863	2,905	2,915	3,221
1,093	1,113	1,100	1,079
81.9	85	28.7	15.8
2.1	2.1	2.1	–
14.3	16.5	50.9	192
1,672	1,689	1,733	1,934
2,863	2,905	2,915	3,221

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−35.4	216	217	155
−2.9	−65.2	−96.2	−150
42.8	−148	−126	16.1
4.4	2.2	−5.6	21.2
−72.9	−79.3	−67.7	−49.3
−108	136	149	105
−60.3	−57.7	−14.1	−15.9

Shareholding pattern

Source: NSE filings

74.0%

promoters

Promoters74.00%
Public26.00%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.00%	26.00%	0.00
30 Jun 2026	74.00%	26.00%	0.00
31 Mar 2026	74.00%	26.00%	0.00
31 Dec 2025	74.00%	26.00%	0.00
30 Sep 2025	74.00%	26.00%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you