Synopsis:
Mishra Dhatu Nigam Ltd is in focus after securing a big new order value Rs. 136 crore.
A small-cap firm specializing within the manufacturing of superalloys, titanium, particular objective metal, and different superior metals, Mishra Dhatu Nigam Restricted (MIDHANI) has come into the highlight after securing a big new order value Rs. 136 crore, additional strengthening its place within the high-performance supplies area.
With the market capitalization of Rs. 7,720.28 crore, the shares of Mishra Dhatu Nigam Restricted is buying and selling at Rs. 412.10, up by 1.44 p.c from its earlier day’s shut worth of Rs. 406.25 per fairness share, and it has reached a excessive of Rs. 419.70 in the identical buying and selling day.
Work Order
Mishra Dhatu Nigam Restricted (MIDHANI) has secured a brand new order value Rs. 136 crore, taking its whole open order guide to roughly Rs. 1,983 crore as of now. The corporate has not disclosed additional particulars of the order.
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In regards to the Firm & Others
Mishra Dhatu Nigam Restricted (MIDHANI), based in 1973 and headquartered in Hyderabad, manufactures and sells superalloys, titanium, particular steels, and different superior metals for aerospace, defence, nuclear, energy, cryogenic, and engineering industries in India and overseas.
Its merchandise embody particular steels, nickel- and cobalt-based superalloys, titanium alloys, rolled merchandise, forgings, wires, welding consumables, fasteners, biomedical implants, and armour options.
As of FY24-25, Mishra Dhatu Nigam Restricted (MIDHANI) generated income from a various set of sectors, reflecting its sturdy presence in strategic and high-performance supplies. Defence and PSU tasks collectively accounted for the biggest share at 37 p.c every, underlining the corporate’s essential function in nationwide infrastructure and safety.
The Area sector contributed 11 p.c, exports added 9 p.c, whereas the Power section accounted for 1 p.c of whole income, highlighting MIDHANI’s broad industrial footprint each domestically and internationally.
A return on fairness (ROE) of about 8.05 p.c, a return on capital employed (ROCE) of about 10.6 p.c and debt to fairness ratio at 0.25 display the corporate’s monetary place. In the mean time, the corporate’s P/E ratio is 65.5x decrease as in comparison with its trade P/E 74.1x.
In Q1FY26, the corporate reported income of Rs. 170 crore, up 4 p.c YoY from Rs. 163 crore however down sharply 59 p.c QoQ from Rs. 411 crore. Internet revenue stood at Rs. 13 crore, rising 160 p.c YoY from Rs. 5 crore however declining 77 p.c QoQ from Rs. 56 crore, reflecting sturdy annual development however vital sequential slowdown.
Written by Akshay Sanghavi
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