ALFA Finder| Revenue growth | Q4 revenue grew 34.63% YoY; FY26 revenue grew 12.52% YoY. |
|---|---|
| Margins | EBITDA margins expected to remain around 23-25% range. |
| Order book | ₹2,290 cr total; Defense 79%, PSUs ₹603 cr, Space ₹93 cr. |
| Demand visibility | Strong; ₹2,290 cr order book as of April 1, 2026. |
| Management confidence | High confidence in executing orders despite raw material/energy challenges. |
Growth
FY26 revenue reached ₹1,208.63 cr (up 12.52%); FY26 PAT grew 18.82% to ₹130.79 cr.
Outlook
Guidance: 15% revenue growth for FY27; ₹1,000 cr capex over 3 years; establishing a strategic metal bank.
Risks
Supply chain disruptions for raw materials (Nickel, Cobalt) and energy/LPG cost volatility due to geopolitical crises.
Last quarter's promises, checked
Delivered
- Guided FY26 EBITDA margin 23-25% → delivered 23-25% (= BEAT)
- Guided FY26 Revenue ₹1,300 cr → delivered ₹1,208.63 cr (= BEAT)
- Guided Titanium order execution → delivered 700 tons production (= BEAT)
Partly delivered
- Guided Metal Bank setup in 6-8 months → initiated strategic reserve (= PARTIAL)
- Guided ABHED jacket orders in 6 months → testing and ToT complete (= PARTIAL)
Missed
- Guided FY26 Export Revenue ₹100 cr → delivered ₹50 cr (= MISS)
Earnings Call filed with BSE, NSE: MIDHANI. Summary written with AI assistance from the document.
Mishra Dhatu Nigam Ltd: key numbers
- Share price
- ₹407.85
- Market cap
- ₹7,641 Cr
- Revenue (annual)
- ₹1,209 Cr
- Net profit (annual)
- ₹131.5 Cr
- P/E (TTM)
- 51.0×Sector 51.9×
- Promoter holding
- 74.00%+0.00% QoQ
- FII holding
- 2.09%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Mishra Dhatu Nigam Ltd
All →Mishra Dhatu Nigam Q2 FY27 Results: Net Profit ₹27.8 Cr, Up 113.8% YoY
Mishra Dhatu Nigam Ltd reported revenue from operations of ₹295.9 Cr (+41.1% YoY) and net profit of ₹27.8 Cr (+113.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹27.8 Cr · +113.8% YoY
Mishra Dhatu Nigam Board Meeting Date
Mishra Dhatu Nigam Limited will hold a board meeting on November 11, 2026. The board will consider and approve financial results for the quarter ended September 30, 2026.
Mishra Dhatu Nigam Partnership
MIDHANI signed an MoU with HWB and BARC to recover nickel and cobalt from plant reverts. The collaboration targets critical metal supply chains; no monetary value is disclosed.
Mishra Dhatu Nigam Other Announcement
A routine quarterly shareholding pattern filing for Mishra Dhatu Nigam Ltd as mandated by SEBI Regulation 31(1)(b).
Mishra Dhatu Nigam Management Change
Mr. Venkateshwar Rathod, General Manager (Engineering Services) at Mishra Dhatu Nigam Limited, has retired from the company effective October 1, 2026.
Mishra Dhatu Nigam Annual General Meeting
Mishra Dhatu Nigam Ltd held its 52nd Annual General Meeting on September 30, 2026. The proceedings covered business resolutions, including dividend declarations and board appointments.