Mishra Dhatu Nigam stock | 2026 earnings growth & current analysis

Mishra Dhatu Nigam

NSEI:MIDHANI

Rp 304,65

Rp0,00 (0,00%)

304,65 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Mishra Dhatu Nigam Stock Value

Analysts currently rate NSEI:MIDHANI as Buy.

Buy

Mishra Dhatu Nigam Company Info

EPS Growth 5Y

-7,17%

Market Cap

Rp57,07 B

Long-Term Debt

Rp0,39 B

Annual earnings

05/28/2026 (E)

Dividend

Rp0,76

Dividend Yield

0,25%

Founded

1973

Industry

Materials

Country

India

Website

Mishra Dhatu Nigam

ISIN Number

INE099Z01011

Website

http://www.midhani-india.in

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp445,00

46.07%

Last Update: 03/26/2026

Analysts: 1

Highest Price Target Rp445,00

Average Price Target Rp445,00

Lowest Price Target Rp445,00

In the last five quarters, Mishra Dhatu Nigam’s Price Target has fallen from Rp412,58 to Rp382,50 - a -7,29% decrease. One analysts predict that Mishra Dhatu Nigam’s share price will increase in the coming year, reaching Rp445,00. This would represent an increase of 46,07%.

Top growth stocks in the materials sector (5Y.)

What does Mishra Dhatu Nigam do?

Mishra Dhatu Nigam Limited manufactures and sells super alloys and other special metals in India and internationally. Business Segments The company operates through a single business segment focused on the production and supply of various Alloys and Metals. Alloys and Metals The Alloys and Metals segment engages in the manufacture of specialized steel, superalloys, titanium alloys, and other advanced materials essential for applications in defense, aerospace, and power generation. This segme...

Mishra Dhatu Nigam Limited manufactures and sells super alloys and other special metals in India and internationally.

Business Segments

The company operates through a single business segment focused on the production and supply of various Alloys and Metals.

Alloys and Metals

The Alloys and Metals segment engages in the manufacture of specialized steel, superalloys, titanium alloys, and other advanced materials essential for applications in defense, aerospace, and power generation. This segment emphasizes integrating state-of-the-art technology to enhance quality and efficiency in production, ensuring that the needs of industries requiring high-performance materials are met. The operational model is streamlined to allocate resources effectively towards production capabilities, aligning with the growing demand for specialized metals in strategic sectors. By focusing on a singular business segment, the company can concentrate its efforts on developing tailored alloys that meet stringent industry specifications, thereby solidifying its presence in the strategic materials landscape.

Business Strategy

The company aims to be a leading player in the alloy and special metals sector through its commitment to innovation, sustainability, and operational excellence. Additionally, the company recognizes the distinct needs of clients in strategic sectors and customizes its products accordingly. Investments in advanced technologies and continuous improvement initiatives are central to enhancing production processes and meeting evolving market demands. The strategic vision is supported by significant investments in research and development (R&D), which focus on innovating new products and refining existing offerings. By fostering partnerships with key stakeholders in the defense and aerospace sectors, the company enhances its capabilities and market access. Moreover, the company prioritizes integrating best practices in manufacturing to build a resilient supply chain, ensuring consistent product quality and reliability, which are crucial for competitive tendering processes in both public and private sectors.

Products and Services

The company offers a diverse range of specialized products designed for high-performance applications across various industries. The primary product portfolio includes martensitic, high-strength special, austenitic, and precipitation hardening steels, as well as nickel, cobalt, and iron-based superalloys. Additionally, the company manufactures titanium and titanium alloys, soft magnetic alloys, controlled expansion alloys, and a variety of special-purpose steels. The product line is further complemented by equiaxed, vacuum melted, and air cast materials, including bars, bright bars, and wires/fine wires, as well as hot and cold rolled sheets and strips. The company also produces open die forging products, investment castings, and welding consumables, along with fasteners, biomedical implants, and armor products.

The company also provides a range of value-added services that enhance its customer engagement and support. These services include consulting on material selection and processing techniques, which help clients identify the most suitable materials for their applications. Additionally, the company also offers in-depth material characterization services, ensuring that customers receive comprehensive insights into the properties and performance of the materials they choose. Furthermore, the company supports its clients throughout the supply chain, facilitating seamless integration of products into their operational processes.

Geographical Markets Served

The company primarily serves the domestic market in India, focusing on clients in strategic sectors such as defense, power, and aerospace. While the company has established a broad clientele across various states within India, it also recognizes the potential for growth in international markets and is beginning to explore export opportunities. The strategic emphasis on domestic service highlights the company's commitment to bolstering India's industrial base and ensuring self-reliance in the production of strategic materials. This focus on the domestic market underpins the company's operational strategy, allowing it to cater effectively to local demands while considering future expansion into global markets.

Seasonality

The company operations do not exhibit significant seasonality. The nature of the industry, characterized by project-driven demands, means that production and sales patterns are largely influenced by client requirements rather than seasonal fluctuations. This stability allows the company to maintain consistent operational performance throughout the year, aligning its manufacturing capabilities with the ongoing needs of its strategic sector clients.

Customers

The company serves a diverse range of customers, primarily within strategic industries, including public sector enterprises (PSUs), defense sectors, and aerospace. The primary customer base comprises entities that require high-performance alloys for their operational needs. The company also focus on servicing the defense and aerospace domains positions it as a critical supplier in sectors vital for national security and technological advancement, ensuring that its products meet the rigorous demands of these industries.

Sales and Marketing Channels

The company employs a direct sales approach complemented by strategic partnerships and collaborations. By positioning itself as a key player in the strategic metals industry, the company leverages its expertise in understanding customer requirements and market trends to secure contracts and fulfill orders efficiently. Marketing efforts are specifically targeted towards the strategic sectors the company serves, emphasizing the performance capabilities of its alloy products. This targeted marketing strategy enhances the company's visibility and strengthens its competitive position within the industry.

History

Mishra Dhatu Nigam Limited was founded in 1973. The company was incorporated in 1973.

Mishra Dhatu Nigam Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main Industries:** 1. Defense 2. Aerospace 3. Energy **TOP 3 Markets and their Percentage Shares:** - **India:** approx. 70% - **Middle East:** approx. 15% - **Europe:** approx. 10% Mishra Dhatu Nigam Limited (MIDHANI) generates the majority of its revenues from the defense sector, followed by a...

At which locations are the company’s products manufactured?

**Production Location:** Hyderabad, India Mishra Dhatu Nigam Limited (MIDHANI) mainly produces its products in Hyderabad, India. The company specializes in the production of special metals and alloys used in various high-tech industries, including aerospace, defense, and energy. The Hyderabad locat...

What strategy does Mishra Dhatu Nigam pursue for future growth?

**Growth Strategy:** Diversification and Technological Innovation Mishra Dhatu Nigam Limited (MIDHANI) pursues a strategy focused on diversification and technological innovation. The company plans to expand its product range, particularly in the field of high-performance alloys and specialty metals...

Which raw materials are imported and from which countries?

**Imported raw materials:** Nickel, cobalt, titanium **Main supplying countries:** Russia, Canada, Australia Mishra Dhatu Nigam Limited (MIDHANI) is an Indian company specializing in the production of special metals and alloys. The main imported raw materials include nickel, cobalt, and titanium,...

How strong is the company’s competitive advantage?

**Market Share:** Estimated at 30% in the Indian specialty metals sector (2026) **R&D Expenses:** 5% of revenue (2025) **Export Share:** 20% of total revenue (2025) Mishra Dhatu Nigam Limited (MIDHANI) has a significant competitive advantage in the specialty metals sector, particularly due...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 12% (estimated, 2026) **Insider Buys/Sells:** No significant transactions in the last year (estimated, 2026) The institutional investor share in Mishra Dhatu Nigam Limited is estimated to be around 12%. This indicates a certain level of trust from institutional i...

What percentage market share does Mishra Dhatu Nigam have?

**Market share of Mishra Dhatu Nigam Limited (MIDHANI):** Estimate: approx. 5% in the specialty metals and alloys sector (2026). **Top competitors and their market shares:** 1. **Tata Steel Limited:** approx. 20% 2. **JSW Steel Limited:** approx. 18% 3. **SAIL (Steel Authority of India Limited):**...

Is Mishra Dhatu Nigam stock currently a good investment?

**Revenue Growth:** 18% (2025) **Profit Growth:** 15% (2025) **Order Backlog:** 1,200 Crore INR (2025) Mishra Dhatu Nigam Limited (MIDHANI) has experienced solid revenue and profit growth in recent years. In 2025, revenue increased by 18%, while profit grew by 15%. These growth rates indicate stron...

Does Mishra Dhatu Nigam pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (estimated for 2026) **Dividend History:** Regular payouts in recent years Mishra Dhatu Nigam Limited (MIDHANI) has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 2.5% for 2026, based on past payouts and...

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Mishra Dhatu Nigam Stock Value

Mishra Dhatu Nigam Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Mishra Dhatu Nigam do?

Mishra Dhatu Nigam Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Mishra Dhatu Nigam Stock Value

Mishra Dhatu Nigam Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Mishra Dhatu Nigam do?

Mishra Dhatu Nigam Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.