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Mishra Dhatu Nigam LimitedMIDHANICorporate

Aerospace & Defense Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹419.65
MCap ₹7,862 Cr · P/E 58.1
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹239 Cr
Sales · Jun 2026
+40.5% YoY
₹37 Cr
Operating Profit · Jun 2026
+7.1% YoY
15.3%
OPM % · Jun 2026
-23.5% YoY
₹16 Cr
Net Profit · Jun 2026
+28.6% YoY
₹0.88
EPS · Jun 2026
+29.4% YoY

📝 Mishra Dhatu Nigam Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Mishra Dhatu Nigam Limited reported revenue of ₹239 crore for the quarter ended June 2026 (Q1 FY27), up 40.5% from ₹170 crore in the same quarter last year, and down 56.7% sequentially over the March 2026 quarter.

Net profit rose 28.6% year-on-year to ₹16 crore, from ₹13 crore. Earnings per share (EPS) came in at ₹0.88.

Operating profit stood at ₹37 crore — an operating margin (OPM) of 15.3%, compared with 20.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mishra Dhatu Nigam Limited posted revenue of ₹1,209 crore, a growth of 12.6% over FY25, with a net profit of ₹132 crore (up 18.7% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,278 crore with a net profit of ₹135 crore.

Valuation snapshot

At the current price of ₹419.65, MIDHANI has a market capitalisation of ₹7,862 crore and a trailing P/E of about 58.1.

Within the Aerospace & Defense industry, it is the 17th-largest of the 30 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.00%, foreign institutional investors (FIIs) 2.09%, domestic institutional investors (DIIs) 7.30%, public shareholders 16.61% of Mishra Dhatu Nigam Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹7,862 Cr
Current Price ?
₹419.6
P/E ?
58.13below ind
Industry P/E ?
67.70
P/B ?
5.13
P/S ?
6.15
P/FCF ?
74.87
Enterprise Value ?
₹8,269 Cr
EV/EBITDA ?
34.40
PEG ?
N/A
Earnings Yield ?
2.1%
Dividend Yield ?
0.20%
Profitability & Returns
Sales (TTM) ?
₹1,278 Cr
OPM ?
18.8%
Profit after tax (TTM) ?
₹135 Cr
EPS (TTM) ?
₹7.22
ROCE ?
11.0%
ROE ?
8.8%
ROA ?
4.2%
Growth
Sales — latest qtr ?
₹239 Cr
PAT — latest qtr ?
₹16 Cr
YoY qtr sales growth ?
40.5%
YoY qtr profit growth ?
28.6%
Sales growth (3y) ?
12%
Sales growth (5y) ?
8%
Profit growth (3y) ?
-6%
Profit growth (5y) ?
-5%
Financial Health
Debt ?
₹407 Cr
Debt to Equity ?
0.27
Interest Coverage ?
6.9
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.00%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
2.9%
Return 6 months ?
13.5%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 23134518,772227252405163262238411170210276553239 +40.5% -56.7%
Operating Profit 661004,1543636802349529334335511637 +7.1% -68.4%
Other Income 91281886889787981510 +40.3% -33.4%
Interest 78863998787766676 -1.5% -13.2%
Depreciation 14141,419141415151616161617171717 +3.0% -2.3%
Profit Before Tax 54912,690211965934367719193910724 +26.7% -77.5%
Net Profit 39661,87114134652426561313287816 +28.6% -78.9%
EPS 2.063.541.000.740.682.480.271.261.363.000.680.681.484.160.88 +29.4% -78.8%
OPM % 28.4% 29.0% 22.1% 16.0% 14.2% 19.8% 14.3% 18.7% 21.8% 22.7% 20.0% 15.6% 19.9% 21.0% 15.3% -23.5% -27.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,074 Cr ₹1,209 Cr ₹1,278 Cr +12.6%
Operating Profit ₹218 Cr ₹238 Cr ₹240 Cr +9.3%
OPM % 20.26% 19.68% 18.80% -2.9%
NPM % 10.32% 10.88% 10.58% +5.4%
Other Income ₹31 Cr ₹39 Cr ₹42 Cr +26.1%
Depreciation ₹63 Cr ₹67 Cr ₹67 Cr +5.7%
Interest ₹29 Cr ₹25 Cr ₹25 Cr -14.4%
EBIT ₹154 Cr ₹171 Cr ₹173 Cr +10.9%
PBT ₹156 Cr ₹184 Cr ₹189 Cr +18.0%
Tax ₹35 Cr ₹13 Cr ₹14 Cr -64.4%
Net Profit ₹111 Cr ₹132 Cr ₹135 Cr +18.7%
EPS ₹5.89 ₹7.00 ₹7.20 +18.8%
Material Cost ₹322 Cr ₹228 Cr ₹231 Cr -29.1%
Employee Cost ₹106 Cr ₹66 Cr ₹71 Cr -38.2%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 187187187187 +0.0%
Reserves 1,0981,1321,2281,345 +9.5%
Borrowings 489433350407 +16.3%
Other Liabilities 1,0891,1541,1501,282 +11.5%
Total Liabilities 2,8632,9052,9153,221 +10.5%
Fixed Assets 1,0161,0321,0741,066 -0.7%
CWIP 80832516 -36.0%
Investments 21222524 -4.0%
Other Assets 1,7461,7691,7902,115 +18.2%
Total Assets 2,8632,9052,9153,221 +10.5%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -35216217155 -28.6%
Cash from Investing Activity -3-65-96-150 -56.2%
Cash from Financing Activity 43-148-12616 +112.7%
Net Cash Flow 42-621 +450.0%
Free Cash Flow -108136149105 -29.5%
CFO/OP 6%128%116%84% -27.6%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 132110139167 +20.1%
Inventory Days ———935 —
Days Payable ———80 —
Cash Conversion Cycle 1321101391,022 +635.3%
Working Capital Days 389332357327 -8.4%
ROCE % 15%9%11%11% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.00%74.00%74.00%74.00%74.00% +0.0%
FIIs 1.34%1.37%1.25%1.32%2.09% +58.3%
DIIs 8.98%8.83%7.92%7.81%7.30% -6.5%
Public 15.69%15.80%16.82%16.85%16.61% -1.4%
No. of Shareholders 1,64,8911,62,1111,66,8111,64,3311,56,612 -4.7%

⚖️ Peer comparison

Industry: Aerospace & Defense · top 25 of 30 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 HAL Hindustan Aeronautics ₹4,905.00 328,034 35.2 33,785 9,321 29.6% 27.6% 6.8% 9.0% 14.4% 14.9%
2 BEL Bharat Electronics ₹404.35 295,571 48.1 28,689 6,147 28.6% 21.4% 15.9% 13.9% 25.6% 8.8%
3 MAZDOCK Mazagon Dock ₹2,339.00 94,351 33.0 13,323 2,854 19.3% 21.4% 13.8% 14.2% 12.1% 21.7%
4 BDL Bharat Dynamics ₹1,190.00 43,621 83.7 2,766 521 12.7% 18.8% -27.0% -23.6% 130.8% 547.4%
5 COCHINSHIP Cochin Shipyard ₹1,381.00 36,331 53.4 5,047 680 15.1% 13.5% 4.2% -13.4% 2.4% -19.4%
6 GRSE Garden Reach ₹2,394.90 27,434 34.3 7,507 801 11.1% 10.7% 37.9% 41.9% 38.5% 44.0%
7 DATAPATTNS Data Patterns ₹4,829.00 27,035 100.9 941 267 39.6% 28.4% 30.5% 22.4% 17.2% -15.2%
8 SIGMAADV SIGMA ADVANCED ₹965.50 18,338 233.8 194 73 22.5% 37.6% — — — -93.0%
9 ASTRAMICRO Astra Microwave ₹1,688.50 16,031 84.8 1,139 189 28.5% 16.6% 10.5% 26.1% -11.5% -24.1%
10 APOLLO Apollo Micro ₹413.85 15,379 121.0 1,022 115 22.6% 11.3% 60.8% 90.9% 88.1% 42.6%
11 ZENTEC Zen Technologies ₹1,679.80 15,109 55.9 829 250 34.4% 30.1% -47.9% -44.0% -10.5% -40.0%
12 AEQUS Aequs ₹226.75 14,849 — 1,371 -171 5.6% -12.5% — — 54.5% -1430.7%
13 SWANDEF SWAN DEFENCE ₹2,734.00 14,403 41.2 341 350 -90.2% 102.4% 3886.9% -48.6% 72.1% 2932.2%
14 PARAS Paras Defence ₹1,307.30 10,535 104.4 511 96 25.5% 18.8% 30.7% 45.5% 37.3% 45.3%
15 UNIMECH Unimech Aerospace ₹1,779.80 9,060 125.7 285 72 33.1% 25.2% -0.5% -24.7% 70.8% 46.7%
16 AXISCADES AXISCADES Technologies ₹1,817.70 7,731 151.0 1,262 51 10.9% 4.1% 12.4% -4.3% 42.2% —
17 MIDHANI Mishra Dhatu ₹403.90 7,567 56.1 1,278 135 18.8% 10.6% 12.6% 18.7% 40.5% 28.6%
18 CYIENTDLM Cyient DLM ₹900.90 7,150 85.2 1,439 84 10.0% 5.8% -17.0% 7.7% 26.5% 5.8%
19 CENTUM Centum Electronics ₹4,276.10 6,303 76.3 1,072 83 11.4% 7.7% -1.2% -852.0% -25.3% 2257.0%
20 ROSSTECH Rossell Techsys ₹1,549.80 5,864 227.2 552 26 12.9% 4.7% 86.8% 175.3% 77.1% 116.5%
21 AVANTEL Avantel ₹156.19 4,150 251.9 241 17 22.7% 7.1% -10.5% -73.4% 35.7% 67.2%
22 IDEAFORGE Ideaforge Technology ₹761.60 3,786 n/m 283 3 9.3% 1.2% 41.0% 71.4% 427.6% 89.2%
23 JAYKAY Jaykay Enterprises ₹188.76 2,459 12.9 259 200 10.7% 77.2% 129.1% 2867.2% 14536.6% —
24 543920 CFF Fluid ₹778.35 2,150 41.6 209 39 28.2% 18.7% — — 59.1% 100.0%
25 523606 Sika Interplant ₹1,113.70 2,002 68.1 186 35 22.0% 18.6% 43.1% 38.2% -37.0% -18.8%
❓ Frequently asked questions
What was Mishra Dhatu Nigam Limited's revenue in Q1 FY27?
Mishra Dhatu Nigam Limited reported revenue of ₹239 crore for the quarter ended June 2026 (Q1 FY27), up 40.5% from ₹170 crore in the same quarter last year, and down 56.7% sequentially over the March 2026 quarter.
What was Mishra Dhatu Nigam Limited's net profit in Q1 FY27?
Net profit rose 28.6% year-on-year to ₹16 crore, from ₹13 crore. Earnings per share (EPS) came in at ₹0.88.
What is MIDHANI's market capitalisation and P/E ratio?
At the current price of ₹419.65, MIDHANI has a market capitalisation of ₹7,862 crore and a trailing P/E of about 58.1.
Who owns Mishra Dhatu Nigam Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.00%, foreign institutional investors (FIIs) 2.09%, domestic institutional investors (DIIs) 7.30%, public shareholders 16.61% of Mishra Dhatu Nigam Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI