| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | 40.46% YoY growth achieved in Q1 FY27. |
|---|---|
| Margins | EBITDA at 20% in Q1; aiming to return to 23-25%. |
| Order book | ₹2,329 crore as of July 1, 2026. |
| Demand visibility | Strong visibility from defense (66%) and space (21%) sectors. |
| Management confidence | High, despite fuel/RM headwinds; expecting Q3 margin normalization. |
Growth
Revenue grew 40.46% YoY; Value of Production grew 7.9% YoY. PAT increased 27.42% to ₹16.31 crore.
Outlook
Targeting 10% export mix. Planned ₹1,000 crore capex over 3 years for modernization. Implementing 'Metal Bank' to stabilize supply.
Risks
Margins hit by doubled LPG fuel costs and raw material price volatility (nickel, moly, tungsten).
Last quarter's promises, checked
Delivered
- Guided 12-15% revenue growth → delivered 40.46% (= BEAT)
- Guided 23-25% EBITDA margin → delivered 20% (Q1) (= MISS)
- Guided ₹1,000Cr capex over 3 years → delivered ₹1,000Cr plan confirmed (= BEAT)
Partly delivered
- Guided ₹1,500Cr order booking for FY27 → delivered ₹2,329Cr total book (= PARTIAL)
Missed
- Guided 23-25% EBITDA margin → delivered 20% (= MISS)
Earnings Call Transcript filed with NSE, 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.