| 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
- ₹456.50
- Market cap
- ₹8,552 Cr
- Revenue (annual)
- ₹1,209 Cr
- Net profit (annual)
- ₹131.5 Cr
- P/E (TTM)
- 63.4×Sector 53.9×
- Promoter holding
- 74.00%+0.00% QoQ
- FII holding
- 2.57%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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