MIDHANI partners with HWB & BARC to recover nickel & cobalt from plant reverts
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Mishra Dhatu Nigam Ltd.
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Unlock signals — freeAbout Mishra Dhatu Nigam Ltd.
Mishra Dhatu Nigam Limited (MIDHANI) is a state‑owned Indian manufacturer of high‑value specialty steels and titanium alloys, catering to defence, aerospace, and industrial sectors. The company’s core revenue drivers include ultra‑high strength steel, armour‑grade plates, precipitation‑hardening steel, and titanium castings used in aero‑engine blades and biomedical implants. In FY27, MIDHANI reported revenue of ₹1,278 crore and a net income of ₹135 crore, reflecting steady profitability amid growing defence contracts. Recent developments highlight a strategic partnership with Hindustan Aeronautics Limited (HAL) to develop indigenous aero‑engine materials, positioning MIDHANI as a key supplier for India’s self‑reliance agenda. Competitively, MIDHANI benefits from government backing and a ni
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1,073 Cr +23.02% | ₹1,074 Cr +0.13% | ₹1,209 Cr +12.52% |
| EBITDA Margin | 18.10% | 20.30% | 19.66% |
| Net Profit | ₹91.47 Cr -41.44% | ₹110.84 Cr +21.17% | ₹131.47 Cr +18.61% |
| EPS | ₹4.90 | ₹5.92 | ₹7.02 |
Annual figures in Indian Rupees (Crores). Source: company filings (NSE).
Recent News
MIDHANI Partners with HWB and BARC to Recover Nickel and Cobalt from Plant Waste
MIDHANI joins BARC, Heavy Water Board to recover nickel and cobalt from manufacturing waste
Strategic Outlook
- Q1FY27 results: revenue ₹239 Cr, PAT ₹16 Cr, EPS ₹0.88, EBITDA margin 15.3%. Growth context: revenue YoY +40.5%, PAT YoY +27.0%, revenue QoQ -56.7%, PAT QoQ -78.9%. Street verdict: strong beat, PAT surprise None.
Realisations, demand recovery, cost efficiency, capacity utilisation, and margin discipline remain the key forward drive...
FY26 (last completed FY): revenue ₹1, 209 Cr, PAT ₹131 Cr, EBITDA margin 19.7%, EPS ₹7.02. Year-on-year: revenue YoY +12...
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Frequently Asked Questions
What AI signals does NiveshIQ provide for Mishra Dhatu Nigam Ltd.?
NiveshIQ detects active intelligence signals for Mishra Dhatu Nigam Ltd. (MIDHANI) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for Mishra Dhatu Nigam Ltd.?
Mishra Dhatu Nigam Ltd. operates in the Capital Goods sector with a market capitalisation of ₹772,121.8L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
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No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.