Mishra Dhatu Nigam Ltd.
Snapshot View

197.90 -2.45 ▼-1.2%

26 July 2021, 04:02:12 P.M.
Volume: 416,686

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website
Financial Indicators
Market Cap 3,707.46 Cr.
Earnings per share (EPS) 8.88 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 22.28 Trailing Twelve Months Ending 2021-03
Industry PE 15.65 Trailing Twelve Months Ending 2021-03
Book Value / Share 57.18 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.46 Calculated using Price: 197.90
Dividend Yield 1.29 Period Ending 2020-03
No. of Shares Subscribed 18.73 Cr. 187,340,000 Shares
FaceValue 10
Company Profile

Mishra Dhatu Nigam Limited (MIDHANI) was established in the year 1973 under Ministry of Defence as Government of India Enterprise. The production unit of MIDHANI, located at Kanchanbagh, Hyderabad, was commissioned in the year 1982. MIDHANI has been set up with a view to achieve self-reliance in production and supply of various super alloys, special steels, materials to Defence, other Strategic Sectors for Nuclear, aeronautical and Space applications. The guiding factors for setting up of MIDHANI were the demand for Defence oriented technologies, which come under the national priorities.

Business area of the company

The company is engaged in the business of manufacturing of superalloys, titanium, special purpose steel and other special metals.

Products

Alloys

  • Superalloy
  • Titanium & Titanium Alloys
  • Special Steel
  • Other Metal and Alloys

Products

  • Long Products
  • Flat Products
  • Open Die Forgings
  • Investment castings
  • Special Products

Awards

2013-14:

  • MIDHANI was honored with Rajbasha Cup Award

2014-15:

  • Raksha Mantri Award of Excellence Award, 2014-15.

2015-16:

  • MIDHANI has been bestowed with 5th Annual Greentech CSR award under Gold Category
  • MIDHANI has been bestowed with certificate from ELETS for the Project Performance Excellence of MIDHANI

2016-17:

  • Corporate Vigilance Excellence Award
  • Skoch Awards - 2016
  • Excellence Award

2017-18:

  • MIDHANI was awarded Raksha Mantri’s Award for Excellence for the year 2014-15 under the category of innovation. The award was given for development of Nuclear Application Steel Plate.

2018-19:

  • MIDHANI was awarded HR-Excellence Award for Value Growth in the Non-financial category

2019-20:

  • MIDHANI was Conferred “GOLD Award” for “Corporate Excellence” by Skoch Group (Highest Independent Honour in India) for the Project “Modernization & Diversification of Products & Processes at MIDHANI” in June 2019 at New Delhi.
  • MIDHANI was awarded India’s Most Trusted Company 2019 by IBC Media USA in August 2019 at New Delhi.

Milestones

  • 1983-1984: First commercial production started.
  • 1987-1988: Entered into the field of fabrication of special armour panels.
  • 2000-2001: Development of bio implants from Titanium alloys.
  • 2001-2002: Development Niobium alloy required for critical space applications.
  • 2002-2003: Supply of indigenized special fasteners commenced.
  • 2005-2006: Development of large forgings of Chromium -Molybdenum steel in the form of weld neck flanges, blind flanges etc.
  • 2006-2007: Development of gun barrel forgings.
  • 2008-2009: Achieved Mini Ratna category-1 status from MoD.
  • 2009-2010: Commencement of commercial production of 6.5 metric tonnes vacuum induction melting furnace.
  • 2010-2011: Commissioning of critical equipment like 10 tonnes vacuum arc re-melting furnace.
  • 2011-2012: Implementation of the e-Procurement portal for publishing and processing tenders online.
  • 2011-2012: Signatory to UN Global Compact Initiative.
  • 2014-2015: Commissioning of 6000 tonnes forge press and electron beam melting furnace.
  • 2015-2016: Commissioning of in-house designed 20 tonnes electro slag refining furnace and 10 tonnes vacuum arc re-melting furnace.
  • 2015-2016: Awarded “Excellent” rating with a score of 97.06%, which is the best amongst all the defence PSUs and ranks among top 5% of all companies signing such MoUs with the Department of Defence Production.
  • 2016-2017: Commissioning of 20 tonnes electric arc furnace.
  • 2017-2018: NALCO signed MoU with MIDHANI for setting up of Aluminium Alloy Plant. 
  • 2018-2019: MIDHANI and TUBACEX Sign MoU 
  • 2019-2020: Midhani Delivers Ultra High Strength Steel & Cobalt Alloys For 'Gaganyaan' Of ISRO

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.22%
1 Week
-0.23%
1 Month
-5.06%
3 Month
+9.70%
6 Month
+5.83%
1 Year
-5.33%
2 Year
+68.71%
5 Year
2 years 2019-03 2020-03
Return on Equity (%) 15.64 17.83
Return on Capital Employed (%) 21.06 20.61
Return on Assets (%) 7.16 7.57

Balance Sheet View Details

Particulars 2 years 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 835 957
Non Curr. Liab. 456 743
Curr. Liab. 534 697
Minority Int.
Equity & Liab. 1,825 2,396
Non Curr. Assets 659 882
Curr. Assets 1,166 1,514
Misc. Exp. not W/O
Total Assets 1,825 2,396

Profit Loss View Details

Particulars 2 years 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 711 713
Other Income 37 36
Total Income 748 749
Total Expenditure -526 -514
PBIDT 221 235
Interest -7 -7
Depreciation -23 -26
Taxation -60 -42
Exceptional Items
PAT 131 160

Cash Flow View Details

Particulars 2 years 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 296 204
Cash Fr. Inv. -205 -195
Cash Fr. Finan. -78 -13
Net Change 13 -4
Cash & Cash Eqvt 14 10

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.00 74.00 74.00 74.00 74.00 74.00 74.00 74.00 74.00
Public 26.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Related Party Transactions
Mishra Dhatu Nigam Limited has informed the Exchange about related Party Transactions for the half year ended March 31, 2021
Thu, 22 Jul 2021
Related Party Transactions
Mishra Dhatu Nigam Limited has informed the Exchange about related Party Transactions for the half year ended March 31, 2021
Wed, 14 Jul 2021
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Mishra Dhatu Nigam Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Technical Scans View Details

Mon, 26 Jul 2021
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Both SRS And ARS Below Zero Both SRS And ARS Below Zero
Closing Near 50 EMA Closing Near 50 EMA
Closing Near 100 EMA Closing Near 100 EMA
Close Crossing 50 EMA From Above Close Crossing 50 EMA From Above

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