as of —
₹—
Change
—
Day Open
₹—
Day High
₹—
Day Low
₹—
NSE Close — 25 Sep 2026
₹405.05
Change
-1.85 (-0.45%)
Open
₹407.0
Prev. Close
₹406.9
Day High
₹408.8
Day Low
₹400.05
Volume Analysis
Traded
368,821
Delivered
138,769
Delivery %
37.63%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Low return on equity (8.92%)
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹417.96 | ₹413.38 | ₹409.21 | ₹404.63 | ₹400.46 | ₹395.88 | ₹391.71 |
| Fibonacci | ₹413.38 | ₹410.04 | ₹407.97 | ₹404.63 | ₹401.29 | ₹399.22 | ₹395.88 |
| Camarilla | ₹407.46 | ₹406.65 | ₹405.85 | ₹404.63 | ₹404.25 | ₹403.45 | ₹402.64 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+18.52%
1 Week
-3.23%
1 Month
-3.04%
3 Months
-3.2%
6 Months
+40.11%
1 Year
+5.48%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹113.67
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
8.43%
Net margin 10.56% × asset turnover 0.38x × equity multiplier 2.1x
Company Overview
Sector
Capital Goods
Market Cap
₹7,588 Cr
P/E (TTM)
56.2
ROE
8.92%
Book Value
₹81.8
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Mishra Dhatu Nigam Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 55/100. The strongest factor is Financial Strength (100/100), while Valuation (19/100) is the weakest area to weigh before deciding. Notably: Low return on equity (8.92%). FII holding has been rising.
TopFund Score — Fundamentals Quality
55/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has been maintaining a healthy dividend payout of 24.0%
- −Stock is trading at 4.95 times its book value
- −The company has delivered a poor sales growth of 8.25% over past five years.
- −Company has a low return on equity of 8.06% over last 3 years.
- −Company might be capitalizing the interest cost
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
MIDHANI to attend investor/analyst meeting with Elara Capital and Dam Capital on September 28, 2026 in Hyderabad.
Ms. Meera Mohanty appointed Government Nominee Director at MIDHANI from September 17, 2026, replacing Shri Prakash Rajpurohit.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 188 | 227 | 252 | 406 | 163 | 262 | 238 | 411 | 170 | 210 | 276 | 553 | 239 |
| Expenses + | 146 | 191 | 216 | 325 | 140 | 213 | 186 | 317 | 136 | 177 | 221 | 437 | 203 |
| Operating Profit | 42 | 36 | 36 | 80 | 23 | 49 | 52 | 93 | 34 | 33 | 55 | 116 | 37 |
| OPM % | 22.0% | 16.0% | 14.0% | 20.0% | 14.0% | 19.0% | 22.0% | 23.0% | 20.0% | 16.0% | 20.0% | 21.0% | 15.0% |
| Other Income + | 8 | 8 | 7 | 8 | 8 | 9 | 7 | 8 | 7 | 9 | 8 | 15 | 10 |
| Interest | 9 | 9 | 9 | 8 | 7 | 8 | 7 | 7 | 6 | 6 | 6 | 7 | 6 |
| Depreciation | 14 | 14 | 14 | 15 | 15 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 |
| Profit before tax | 27 | 21 | 19 | 65 | 9 | 34 | 36 | 77 | 19 | 19 | 39 | 107 | 24 |
| Tax % | 30.0% | 33.0% | 33.0% | 28.0% | 42.0% | 30.0% | 30.0% | 27.0% | 32.0% | 33.0% | 29.0% | 27.0% | 32.0% |
| Net Profit + | 19 | 14 | 13 | 46 | 5 | 24 | 26 | 56 | 13 | 13 | 28 | 78 | 16 |
| EPS in Rs | 1 | 1 | 1 | 2 | 0 | 1 | 1 | 3 | 1 | 1 | 1 | 4 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 711 | 713 | 813 | 859 | 872 | 1,073 | 1,074 | 1,209 | 1,278 |
| Expenses + | 526 | 515 | 567 | 596 | 613 | 878 | 855 | 971 | 1,038 |
| Operating Profit | 185 | 197 | 246 | 263 | 259 | 195 | 219 | 238 | 240 |
| OPM % | 26.0% | 28.0% | 30.0% | 31.0% | 30.0% | 18.0% | 20.0% | 20.0% | 19.0% |
| Other Income + | 37 | 36 | 20 | 32 | 38 | 30 | 32 | 39 | 42 |
| Interest | 7 | 7 | 13 | 23 | 27 | 35 | 30 | 25 | 25 |
| Depreciation | 23 | 26 | 27 | 33 | 53 | 59 | 63 | 66 | 67 |
| Profit before tax | 191 | 200 | 226 | 239 | 217 | 131 | 157 | 185 | 190 |
| Tax % | 32.0% | 21.0% | 26.0% | 26.0% | 28.0% | 30.0% | 29.0% | 29.0% | — |
| Net Profit + | 131 | 158 | 166 | 177 | 156 | 92 | 111 | 131 | 135 |
| EPS in Rs | 7 | 8 | 9 | 9 | 8 | 5 | 6 | 7 | 7 |
| Dividend Payout % | 31.0% | 30.0% | 31.0% | 33.0% | 40.0% | 29.0% | 25.0% | 18.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Reserves | 647 | 769 | 884 | 1,002 | 1,098 | 1,132 | 1,228 | 1,345 |
| Borrowings + | 107 | 134 | 160 | 268 | 489 | 433 | 350 | 407 |
| Other Liabilities + | 883 | 1,306 | 1,228 | 1,322 | 1,089 | 1,154 | 1,150 | 1,282 |
| Total Liabilities | 1,825 | 2,396 | 2,459 | 2,779 | 2,863 | 2,905 | 2,915 | 3,221 |
| Fixed Assets + | 425 | 441 | 429 | 938 | 1,016 | 1,032 | 1,074 | 1,066 |
| CWIP | 175 | 405 | 549 | 132 | 80 | 83 | 25 | 16 |
| Investments | 2 | 20 | 21 | 21 | 21 | 22 | 25 | 24 |
| Other Assets + | 1,223 | 1,530 | 1,461 | 1,688 | 1,746 | 1,769 | 1,790 | 2,115 |
| Total Assets | 1,825 | 2,396 | 2,459 | 2,779 | 2,863 | 2,905 | 2,915 | 3,221 |
| Equity Capital | 187 | 187 | 187 | 187 | 187 | 187 | 187 | 187 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 296 | 204 | 176 | 52 | -35 | 216 | 217 | 155 |
| Cash from Investing Activity + | -205 | -195 | -115 | -103 | -3 | -65 | -96 | -150 |
| Cash from Financing Activity + | -78 | -13 | -37 | 27 | 43 | -148 | -126 | 16 |
| Net Cash Flow | 13 | -4 | 24 | -24 | 4 | 2 | -6 | 21 |
| CFO/OP | 188 | 126 | 91 | 46 | 6 | 128 | 116 | 84 |
| Free Cash Flow | 82 | -67 | 17 | -74 | -108 | 136 | 149 | 105 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 12.33% | 13.2% | 13.88% | 15.4% | 16.13% | 16.25% | 15.55% | 15.69% | 15.8% | 16.82% | 16.85% | 16.06% |
| Promoters | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% | 74.0% |
| FII | 1.19% | 0.96% | 1.07% | 1.27% | 1.42% | 1.26% | 1.65% | 1.34% | 1.37% | 1.25% | 1.32% | 2.57% |
| DII | 12.48% | 11.84% | 11.04% | 9.33% | 8.44% | 8.48% | 8.79% | 8.98% | 8.83% | 7.92% | 7.81% | 7.37% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Mishra Dhatu Nigam Ltd (this stock) | 7,588 | 56.2 | 4.95 | 8.92% |
| SKF India Ltd | 7,612 | 32.8 | 5.72 | 14.8% |
| Cyient Dlm Limited | 7,649 | 93.2 | 7.53 | 7.49% |
| Epl Limited | 7,659 | 18.6 | 2.68 | 15.7% |
| Man Industries (i) Ltd. | 7,662 | 37.5 | 3.67 | 9.23% |
| Sunflag Iron And Steel Co | 7,401 | 34.8 | 0.84 | 2.37% |
| Powerica Limited | 7,377 | 26.2 | — | 17.4% |
Which Mutual Funds Hold Mishra Dhatu Nigam Ltd?
Frequently Asked Questions about Mishra Dhatu Nigam Ltd
Mishra Dhatu Nigam Ltd (MIDHANI) closed at ₹405.05 on NSE on 25 September 2026, down 1.85 (0.45%) from the previous close.
Mishra Dhatu Nigam Ltd trades on the NSE (National Stock Exchange of India) under the symbol MIDHANI.
Mishra Dhatu Nigam Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 56.2.
Mishra Dhatu Nigam Ltd has a dividend yield of 0.21%.
Mishra Dhatu Nigam Ltd's 52-week high is ₹482.0 and its 52-week low is ₹267.0.
Mishra Dhatu Nigam Ltd has a market capitalisation of ₹7,588 crore.
Mishra Dhatu Nigam Ltd has a TopFund Quality Score of 55/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
What are other investors saying about Mishra Dhatu Nigam Ltd?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
Sign in to join the discussionNo comments yet — start the discussion.