Mishra Dhatu Nigam Ltd Stock Price Today (NSE: MIDHANI)
Fundamental Score
Mishra Dhatu Nigam Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Mishra Dhatu Nigam Ltd share price today is ₹358.00, up +0.00% on NSE/BSE as of 19 February 2026. Mishra Dhatu Nigam Ltd (MIDHANI) is a Mid-cap company in the Aerospace & Defense sector with a market capitalisation of ₹6.03K (Cr). The 52-week high for MIDHANI share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 56.33x, MIDHANI is currently trading below its industry average P/E of 64.22x. The company has a Return on Equity (ROE) of 8.05% and a debt-to-equity ratio of 0.23.
Mishra Dhatu Nigam Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Mishra Dhatu Nigam Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Mishra Dhatu Nigam Share Price: A Conservative Value Investor's Perspective
The Aerospace & Defense sector, while often perceived as growth-oriented, presents unique challenges for value investors seeking capital safety. Long lead times, dependence on government contracts, and technological obsolescence are key risks. This analysis examines the Mishra Dhatu Nigam share price, currently trading at ₹354.299988, through the lens of a conservative value investor, prioritizing downside protection and long-term sustainability. We assess the company’s fundamentals against its peers, focusing on financial health and competitive advantages.
A key metric to consider is Mishra Dhatu Nigam's (MIDHANI) Price-to-Earnings (PE) ratio of 56.33. Compared to sector peers, this appears relatively high, suggesting the market anticipates significant future earnings growth. However, a high PE can also indicate overvaluation, posing a risk if growth expectations are not met. Management quality and capital allocation decisions are therefore critical. The quality of Bharat Dynamics Ltd
Bharat Dynamics Ltd management, for example, is often cited as a strength, contributing to its efficient execution of defense contracts. MIDHANI's management track record warrants careful scrutiny to ensure prudent capital deployment.Return on Capital Employed (ROCE) is a vital indicator of a company's profitability and efficiency in using its capital. Mishra Dhatu Nigam's ROCE of 10.6% is a crucial point of analysis. While positive, it needs further contextualization. A higher ROCE generally implies a stronger competitive moat, as it suggests the company can generate superior returns compared to its cost of capital. However, 10.6% might be considered borderline, especially considering the cyclical nature of the defense industry and the need for consistent reinvestment in research and development to maintain technological leadership. This level of ROCE impacts the durability of MIDHANI's economic moat compared to industry behemoths with higher returns.
This analysis forms part of a comprehensive, 80-parameter fundamental audit designed to assess the long-term investment viability of Mishra Dhatu Nigam. This audit is verified by Sweta Mishra, and focuses on balance sheet strength, cash flow generation, and competitive positioning. The goal is to determine if the current Mishra Dhatu Nigam share price offers sufficient margin of safety for a conservative value investor seeking preservation of capital. Observational analysis reveals both opportunities and risks associated with this investment.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mishra Dhatu Nigam Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MIDHANI across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Strong Operating Margins (25.20%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Conservative Debt Levels (D/E: 0.23)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (6.67x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹108.49 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (74.00%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
6 factors identified
Below-Average Return on Equity (8.05%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Premium Valuation Risk (P/E: 56.33x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Profit Decline Concern (-45.77%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-19.99%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Earnings Growth (-7.17% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-7.17% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Mishra Dhatu Nigam Ltd Financial Statements
Comprehensive financial data for Mishra Dhatu Nigam Ltd including income statement, balance sheet and cash flow
About MIDHANI (Mishra Dhatu Nigam Ltd)
Mishra Dhatu Nigam Ltd (MIDHANI) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Aerospace & Defense sector with a current market capitalisation of ₹6.03K (Cr). Mishra Dhatu Nigam Ltd has delivered a Return on Equity (ROE) of 8.05% and a ROCE of 10.60%. The debt-to-equity ratio stands at 0.23, reflecting the company's capital structure. Investors tracking MIDHANI share price can monitor key metrics including P/E ratio, promoter holding of 74.00%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
MIDHANI Share Price: Frequently Asked Questions
What is the current share price of Mishra Dhatu Nigam Ltd (MIDHANI)?
As of 19 Feb 2026, 09:11 am IST, Mishra Dhatu Nigam Ltd share price is ₹358.00. The MIDHANI stock has a market capitalisation of ₹6.03K (Cr) on NSE/BSE.
Is MIDHANI share price Overvalued or Undervalued?
MIDHANI share price is currently trading at a P/E ratio of 56.33x, compared to the industry average of 64.22x. Based on this relative valuation, the Mishra Dhatu Nigam Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of MIDHANI share price?
The 52-week high of MIDHANI share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Mishra Dhatu Nigam Ltd share price?
Key factors influencing MIDHANI share price include quarterly earnings growth (Sales Growth: -19.99%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Mishra Dhatu Nigam Ltd a good stock for long-term investment?
Mishra Dhatu Nigam Ltd shows a 5-year Profit Growth of -7.17% and an ROE of 8.05%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.23 before investing in MIDHANI shares.
How does Mishra Dhatu Nigam Ltd compare with its industry peers?
Mishra Dhatu Nigam Ltd competes with major peers in the Aerospace & Defense. Investors should compare MIDHANI share price P/E of 56.33x and ROE of 8.05% against the industry averages to determine competitive standing.
What is the P/E ratio of MIDHANI and what does it mean?
MIDHANI share price has a P/E ratio of 56.33x compared to the industry average of 64.22x. Investors pay ₹56 for every ₹1 of annual earnings.
How is MIDHANI performing according to Bull Run's analysis?
MIDHANI has a Bull Run fundamental score of 33.1/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MIDHANI belong to?
MIDHANI operates in the Aerospace & Defense industry. This classification helps understand the competitive landscape and sector-specific trends affecting Mishra Dhatu Nigam Ltd share price.
What is Return on Equity (ROE) and why is it important for MIDHANI?
MIDHANI has an ROE of 8.05%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Mishra Dhatu Nigam Ltd generates profits from shareholders capital.
How is MIDHANI debt-to-equity ratio and what does it indicate?
MIDHANI has a debt-to-equity ratio of 0.23, which indicates conservative financing with low financial risk.
What is MIDHANI dividend yield and is it a good dividend stock?
MIDHANI offers a dividend yield of 0.23%, meaning you receive ₹0.23 annual dividend for every ₹100 invested in Mishra Dhatu Nigam Ltd shares.
How has MIDHANI share price grown over the past 5 years?
MIDHANI has achieved 5-year growth rates of: Sales Growth 8.54%, Profit Growth -7.17%, and EPS Growth -7.17%.
What is the promoter holding in MIDHANI and why does it matter?
Promoters hold 74.00% of MIDHANI shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Mishra Dhatu Nigam Ltd.
What is MIDHANI market capitalisation category?
MIDHANI has a market capitalisation of ₹6026 crores, placing it in the Mid-cap category.
How volatile is MIDHANI stock?
MIDHANI has a beta of N/A. A beta > 1 suggests the Mishra Dhatu Nigam Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MIDHANI operating profit margin trend?
MIDHANI has a 5-year average Operating Profit Margin (OPM) of 25.20%, indicating the company's operational efficiency.
How is MIDHANI quarterly performance?
Recent quarterly performance shows Mishra Dhatu Nigam Ltd YoY Sales Growth of -19.99% and YoY Profit Growth of -45.77%.
What is the institutional holding pattern in MIDHANI?
MIDHANI has FII holding of 1.37% and DII holding of 8.83%. Significant institutional holding often suggests professional confidence in the Mishra Dhatu Nigam Ltd stock.