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Mishra Dhatu Nigam MIDHANI.NS · INR

Materials · NSE · 🇮🇳 India

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395.65

+4.28%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹12.09bn

FY2017FY2026

Net income

₹1.31bn

FY2017FY2026

Free cash flow

₹964.4m

FY2017FY2026

Shareholders' equity

₹15.32bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹12.09bn₹10.74bn₹10.73bn₹8.72bn₹8.59bn₹8.13bn₹7.13bn₹7.11bn₹6.62bn₹7.76bn
Research and development₹3.0m₹7,000₹236,000₹3.0m₹68.2m₹127.2m₹33.2m₹146.7m₹104.5m₹110.0m
Operating income₹2.10bn₹4.81bn₹4.69bn₹2.20bn₹2.62bn₹2.39bn₹1.75bn₹1.68bn₹1.78bn₹1.73bn
Net income₹1.31bn₹1.11bn₹917.8m₹1.56bn₹1.77bn₹1.66bn₹1.58bn₹1.31bn₹1.31bn₹1.26bn
Diluted earnings per share7.025.934.898.309.428.888.446.976.996.73

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹32.21bn₹29.15bn₹29.05bn₹28.63bn₹27.79bn₹24.59bn₹23.96bn₹18.25bn₹13.65bn₹11.01bn
Cash and short-term investments₹1.92bn₹510.2m₹164.8m₹142.9m₹624.8m₹938.7m₹727.1m₹1.40bn₹851.1m₹1.94bn
Total liabilities₹16.89bn₹15.00bn₹15.86bn₹15.77bn₹15.90bn₹13.88bn₹14.40bn₹9.90bn₹5.76bn₹3.97bn
Debt₹4.07bn₹3.50bn₹4.33bn₹4.89bn₹3.60bn₹1.60bn₹1.34bn₹1.07bn₹928.5m₹212.8m
Shareholders' equity₹15.32bn₹14.15bn₹13.19bn₹12.85bn₹11.90bn₹10.71bn₹9.57bn₹8.35bn₹7.89bn₹7.04bn
Shares outstanding187m187m188m188m188m187m187m187m188m188m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹1.46bn₹2.00bn₹2.16bn−₹354.1m₹521.3m₹1.76bn₹2.04bn₹2.96bn₹202.6m₹1.19bn
Capital spending−₹493.4m−₹676.9m−₹793.2m−₹729.0m−₹1.26bn−₹1.59bn−₹2.72bn−₹2.14bn−₹954.9m−₹816.2m
Free cash flow₹964.4m₹1.33bn₹1.36bn−₹1.08bn−₹736.7m₹166.3m−₹672.5m₹822.1m−₹752.3m₹373.2m
Dividends paid−₹159.2m−₹140.5m−₹577.1m−₹603.4m−₹588.5m−₹517.4m−₹341.2m−₹854.0m−₹456.1m−₹426.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹2.39bn₹5.53bn₹2.75bn₹2.08bn₹1.69bn₹4.11bn₹2.34bn₹2.56bn
Operating income₹200.1m₹993.5m₹454.9m₹251.0m₹253.3m₹845.9m₹362.7m₹420.8m
Net income₹164.7m₹779.0m₹276.4m₹129.6m₹129.7m₹562.0m₹255.2m₹238.2m
Diluted earnings per share0.884.161.480.690.693.011.361.27
Cash from operations———₹100.0m—₹2.17bn—₹709.0m
Capital spending———−₹297.0m—−₹676.0m—−₹341.0m
Free cash flow———−₹197.0m—₹1.49bn—₹368.0m
Total assets—₹32.21bn—₹29.50bn—₹29.15bn—₹30.00bn
Cash and short-term investments—₹1.92bn—₹368.3m₹510.2m₹510.2m₹504.2m₹676.5m
Debt—₹3.27bn—₹3.38bn—₹3.85bn—₹4.40bn
Shareholders' equity—₹15.32bn—₹14.42bn₹14.15bn₹14.15bn₹13.48bn₹13.48bn

Financial ratios

Data as of 15 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin17.4%44.8%43.7%25.2%30.4%29.4%
Net margin10.9%10.3%8.6%17.9%20.5%20.5%
Return on equity8.6%7.8%7.0%12.2%14.8%15.5%
Return on assets4.1%3.8%3.2%5.5%6.4%6.8%
Free cash flow yield2.6%3.5%3.9%0.5%2.3%4.4%
Revenue growth12.5%0.1%23.0%1.4%5.7%14.1%
Earnings growth18.6%20.8%-41.3%-11.5%6.1%5.3%
Current ratio2.52x2.61x2.28x2.18x2.09x2.26x
Debt to equity0.21x0.19x0.27x0.32x0.24x0.15x
Equity ratio47.6%48.5%45.4%44.9%42.8%43.6%
Interest coverage8.38x16.33x13.56x8.16x11.60x18.82x
R&D as a share of sales0.0%0.0%0.0%0.0%0.8%1.6%
Buybacks as a share of market value-0.3%0.5%0.3%-0.3%-0.1%-0.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue11.5%8.2%5.4%
Operating income-1.5%-2.6%4.1%
Net income-5.6%-4.6%1.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin30.3%32.6%31.9%28.6%
Net margin10.6%11.6%14.1%15.8%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Price to earnings55.957.969.050.423.020.423.722.419.1
Price to sales6.16.05.99.04.74.25.34.13.8

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 23 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year1.250.850.753.083.223.142.761.51

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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