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MIDHANI Declares Interim Dividend of Rs 0.85 Per Share; Sets Record Date for March 19, 2026
Mishra Dhatu Nigam Limited (MIDHANI) has announced an interim dividend of Rs 0.85 per equity share for the financial year 2025-26. This dividend represents 8.50% of the face value of Rs 10 per share. The Board of Directors approved the payout during their meeting held on March 13, 2026. The company has established March 19, 2026, as the record date to identify eligible shareholders for the distribution.
Key Highlights
Interim dividend of Rs 0.85 per equity share declared for FY 2025-26
Dividend rate is 8.50% based on the face value of Rs 10 per share
Record date for determining shareholder entitlement is March 19, 2026
Board meeting concluded at 12:50 hrs on March 13, 2026
💼 Action for Investors
Investors seeking dividend income should ensure they hold the stock before the ex-dividend date to qualify for the Rs 0.85 per share payout. This move reflects the company's commitment to returning value to shareholders.
MIDHANI Declares Interim Dividend of Rs. 0.85 Per Share for FY 2025-26
Mishra Dhatu Nigam Limited (MIDHANI) has announced an interim dividend of Rs. 0.85 per equity share for the financial year 2025-26. This payout represents 8.50% of the face value of Rs. 10 per share. The Board of Directors approved the dividend in a meeting held on March 13, 2026. The company has established March 19, 2026, as the record date to identify eligible shareholders for the payment.
Key Highlights
Interim dividend of Rs. 0.85 per equity share declared for FY 2025-26
Dividend payout is 8.50% based on a face value of Rs. 10 per share
Record date for dividend entitlement is set for March 19, 2026
Board meeting concluded on March 13, 2026, at 1250 hrs
💼 Action for Investors
Investors interested in the dividend should ensure they hold the stock before the ex-dividend date. Long-term investors should evaluate this payout in the context of the company's overall yield and performance in the defense sector.
MIDHANI Q3 FY26 PAT Jumps 115% QoQ to ₹27.46 Cr; Order Book Strong at ₹2,440 Cr
MIDHANI reported a robust sequential recovery in Q3 FY26, with revenue growing 31.44% QoQ to ₹275.66 crores and PAT more than doubling to ₹27.46 crores. While 9-month revenue remained flat YoY at ₹655.88 crores, the value of production increased by 8.86%, indicating strong internal manufacturing activity. The company maintains a healthy order book of ₹2,440 crores as of January 2026, with high-margin super alloys and titanium alloys contributing 39% of total revenue. Management highlighted technical milestones, including CEMILAC certifications and upcoming NADCAP certification, positioning the firm for major aerospace contracts.
Key Highlights
Q3 FY26 PAT rose 115% QoQ to ₹27.46 crores, while PBT increased to ₹39 crores from ₹19.11 crores in Q2.
Order book remains robust at ₹2,440 crores as of January 1, 2026, providing strong multi-year revenue visibility.
Titanium and Super Alloys together contribute 39% of the 9-month revenue, driving margin improvements.
Titanium production volume increased by approximately 20% compared to the previous year's levels.
Achieved technical milestones including CEMILAC certification for 10 super alloys and completion of NADCAP audit.
💼 Action for Investors
Investors should focus on the strong sequential recovery and the high-margin product mix as indicators of operational efficiency. The company remains a critical beneficiary of India's defense indigenization, particularly in the aerospace and aero-engine segments.
MIDHANI Q3 Net Profit Surges 96% YoY to ₹53.92 Crore; Revenue Up 15.8%
Mishra Dhatu Nigam Limited (MIDHANI) reported a robust 96.3% year-on-year increase in consolidated net profit to ₹53.92 crore for the quarter ended December 31, 2025. Revenue from operations grew by 15.8% to ₹275.66 crore compared to ₹237.97 crore in the corresponding quarter of the previous year. For the nine-month period, while revenue remained relatively flat, net profit more than doubled to ₹110.07 crore. This performance highlights significant margin expansion and improved operational efficiency during the quarter.
Key Highlights
Consolidated Net Profit surged 96.3% YoY to ₹53.92 crore in Q3 FY26.
Revenue from operations grew 15.8% YoY to ₹275.66 crore from ₹237.97 crore.
Earnings Per Share (EPS) nearly doubled to ₹2.88 from ₹1.47 in the year-ago quarter.
Nine-month consolidated net profit reached ₹110.07 crore, a 107.5% increase from ₹53.04 crore YoY.
Profit Before Tax (PBT) for the quarter stood at ₹78.88 crore compared to ₹38.97 crore YoY.
💼 Action for Investors
The strong bottom-line growth and significant margin improvement are highly positive indicators for the company. Investors should maintain a positive outlook while monitoring the execution of the order book and the performance of the Utkarsha Aluminium joint venture.
MIDHANI Secures New Order Worth Rs. 158 Crore; Total Order Book Reaches Rs. 2,590 Crore
Mishra Dhatu Nigam Limited (MIDHANI) has successfully secured a new contract valued at Rs. 158 crore. This acquisition further strengthens the company's order pipeline, bringing the total open order position to approximately Rs. 2,590 crore as of February 4, 2026. The steady inflow of orders highlights the sustained demand for the company's specialized metallurgical products in strategic sectors. This development provides significant revenue visibility for the company over the coming fiscal periods.
Key Highlights
Secured a fresh order worth Rs. 158 crore
Total open order position as of February 4, 2026, stands at approximately Rs. 2,590 crore
Order win complies with Regulation 30 of SEBI (LODR) Regulations, 2015
Strengthens the company's market position in specialized metal manufacturing
💼 Action for Investors
Investors should maintain a positive outlook as the growing order book provides strong revenue visibility. Focus on the company's execution efficiency to translate these orders into bottom-line growth.
MIDHANI Secures Rs. 121.75 Cr Order; Total Order Book Reaches Rs. 2,520 Cr
Mishra Dhatu Nigam Limited (MIDHANI) has successfully secured a new order valued at Rs. 121.75 crore. This acquisition has boosted the company's total open order position to approximately Rs. 2,520 crore as of December 18, 2025. The steady inflow of orders highlights the sustained demand for the company's specialized metallurgical products in strategic sectors like defense and aerospace. This provides significant revenue visibility for the company over the medium term.
Key Highlights
Secured a fresh contract worth Rs. 121.75 crore
Total open order book position stands at approximately Rs. 2,520 crore
Order win strengthens the company's position in the high-end metallurgy market
Announcement made in compliance with Regulation 30 of SEBI LODR
💼 Action for Investors
Investors should view this as a positive development that reinforces revenue visibility. Maintain a watch on the company's execution pace to ensure these orders translate into bottom-line growth.