Mishra Dhatu Nigam Ltd, Fundamental analysis

Industry Industry name	Aerospace & Defence
Variance Full Year Net Profit Variance	19
Equity Latest Equity	187.34
Face Value Latest Face Value	10
Reserves Total Reserve	1344.64
Dividend Full Year Dividend %	13
Sales Turnover Full Year Net Sales	1182.03
Net Profit Full Year Net Profit	131.47
Full Year CPS Full Year Cash Per Share	10.6
Earning Per Share Full Year Earning Per Share	7
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	531.17
Previous EPS Previous earnings per share	0
Book Value Book value	81.8
Networth Full Year Return on Networth	8.11
Price/Book Value Price to Book value	4.792176
Yearly PE ratio Full Year Price to Earning per share	55.9
Yearly PC ratio Full Year Price to Cash Per Share	37.1
Bse value BSE Value in lakhs	62.61
Nse value NSE Value in lakhs	1881.65
High 52 week high	455
Low 52 week low	267
Price NSE Current market price	393
CPM Current market price	392

Market cap BSE / NSE Market Cap	7352.16
Net profit Latest Quarter Net Profit	77.9
Net profit variance Latest Quarter Net Profit variance	39
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	1038.64
TTM OP Trailing Twelve 12 month Operating Profit	188.53
TTM OPM Trailing Twelve 12 month Operating Profit Margin	18.15
TTM GP Trailing Twelve 12 month Gross Profit	251.21
TTM GPM Trailing Twelve 12 month Gross Profit Margin	21.25
TTM NP Trailing Twelve 12 month Net Profit	87.98
TTM NPV Trailing Twelve 12 month Net Profit Variane	18.66
TTM EPS Trailing Twelve 12 month EPS	7.02
TTM PE Trailing Twelve 12 month PE	55.9
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	60.87
Equity Latest Equity	187.34
LTP Latest Price (BSE/NSE)	392
Gross block Latest Gross Block	1405.43
Loans Total loans	310.68
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	20.1
Year GPM Full Year Gross Profit Margin	21.3
Quarter OPM Latest quater Operation Profit Margin	21.8

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	156	256	234	406	169	208	275	531
YOY Sales Growth %	-14%	15%	0%	3%	8%	-19%	17%	31%
Gross Sales	156	256	234	406	169	208	275	531
Other Operating Income	7	6	4	4	2	2	1	22
+ Expenses	133	207	182	313	134	175	220	415
Material Cost %	91%	48%	51%	7%	107%	79%	59%	-3%
Raw Material Cost	94	117	100	111	110	118	132	145
Change in Inventory	47	6	19	-81	71	47	28	-161
Manufacturing Cost %	40%	26%	29%	21%	39%	35%	29%	17%
Employee Cost %	20%	14%	15%	10%	19%	16%	14%	8%
Other Cost %	-65%	-7%	-18%	39%	-85%	-46%	-21%	56%
Raw Materials %	60%	45%	43%	27%	65%	57%	48%	27%
Stock Adjustments %	-30%	-2%	-8%	20%	-42%	-22%	-10%	30%
Other Manufacturing Expenses %	40%	26%	29%	21%	39%	35%	29%	17%
Operating Profit	23	49	52	93	34	33	55	116
OPM %	15%	19%	22%	23%	20%	16%	20%	22%
+ Other Income	8	9	7	8	7	9	8	15
Miscellaneous Income	8	9	7	8	7	9	8	15
Interest	7	8	7	7	6	6	6	7
Depreciation	15	16	16	16	16	17	17	17
Profit before tax	9	34	36	77	19	19	39	107
+ Tax %	42%	30%	30%	27%	32%	33%	29%	27%
Current Tax	3	8	9	19	5	5	10	29
Deferred Tax	1	2	2	2	1	1	1	1
+ Net Profit	5	24	26	56	13	13	28	78
Net Profit After Minority Interest	5	24	26	56	13	13	28	78
EPS in Rs	0.28	1.27	1.36	3.00	0.69	0.69	1.48	4.16

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	761	810	666	711	713	813	859	872	1,073	1,074
Sales Growth %		6%	-18%	7%	0%	14%	6%	1%	23%	0%
Gross Sales			653	703	709	804	837	850	1,031	1,053
Excise Duty	45	36	4	0	0	0	0	0	0	0
Other Operating Income			4	8	4	9	23	22	41	21
+ Expenses	489	432	475	527	517	568	597	614	879	856
Material Cost %	37%	34%	18%	27%	17%	26%	22%	-26%	-7%	1%
Raw Material Cost	245	194	154	293	377	170	320	0	0	0
Change in Inventory	38	78	-36	-104	-257	42	-129	-228	-75	8
Manufacturing Cost %	18%	19%	26%	26%	31%	24%	27%	76%	72%	62%
Employee Cost %	12%	13%	19%	15%	17%	15%	14%	14%	12%	13%
Other Cost %	-3%	-13%	9%	7%	8%	5%	6%	7%	4%	4%
Raw Materials %	32%	24%	23%	41%	53%	21%	37%	0%	0%	0%
Stock Adjustments %	-5%	-10%	5%	15%	36%	-5%	15%	26%	7%	-1%
Power & Fuel %	7%	7%	8%	8%	9%	5%	7%	12%	8%	8%
Other Manufacturing Expenses %	11%	12%	18%	18%	22%	19%	19%	64%	64%	53%
Selling & Administration %	5%	5%	6%	6%	6%	4%	5%	5%	4%	3%
Miscellaneous Expenses %	3%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Operating Profit	273	378	191	184	196	245	262	258	194	218
OPM %	36%	47%	29%	26%	28%	30%	31%	30%	18%	20%
+ Other Income	29	23	36	37	36	20	32	38	30	32
Miscellaneous Income			36	37	36	20	32	38	30	32
Exceptional Income			6	0	0	0	0	0	0	0
Interest	5	5	9	7	7	13	23	27	35	30
Depreciation	14	18	20	23	26	27	33	53	59	63
Profit before tax			198	191	201	226	239	217	131	157
+ Tax %			34%	32%	21%	26%	26%	28%	30%	29%
Current Tax	35	62	59	49	51	57	61	56	35	39
Deferred Tax	8	-2	8	11	-9	3	1	4	5	7
+ Net Profit			131	131	158	166	177	156	92	111
Profit Growth %				-1%	21%	5%	6%	-12%	-41%	21%
Extraordinary Income / Expense			6	0	0	0	0	0	0	0
Exceptional Item			6	0	0	0	0	0	0	0
Net Profit After Minority Interest	0	0	0	131	158	166	177	156	92	111
EPS in Rs				6.97	8.44	8.88	9.43	8.34	4.90	5.92

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	187	187	187	187	187	187	187	187	187	187
Reserves	432	517	602	647	769	884	1,002	1,098	1,132	1,228
+ Borrowings	13	21	93	107	134	160	268	489	433	350
Secured Borrowings	12	20	47	106	33	0	28	67	59	39
Unsecured Borrowings	2	1	46	1	100	160	240	421	374	311
Deferred Credit	0	0	0	0	0	0	28	0	0	0
+ Other Liabilities	488	375	483	883	1,306	1,228	1,322	1,089	1,154	1,150
Current Liabilities	327	257	367	472	598	519	603	508	535	514
Provisions	60	29	38	21	30	44	33	30	30	30
Other liability items	165	127	122	416	711	712	725	588	626	643
Total Liabilities	1,121	1,101	1,365	1,825	2,396	2,459	2,779	2,863	2,905	2,915
+ Fixed Assets	263	327	344	425	441	429	938	1,016	1,032	1,074
Gross Block	277	359	396	499	541	556	1,098	1,228	1,301	1,405
Accumulated Depreciation	14	32	51	74	100	127	160	213	270	331
CWIP	7	6	65	175	405	549	132	80	83	25
Investments	2	2	2	2	20	21	21	21	22	25
+ Other Assets	849	765	954	1,223	1,530	1,461	1,688	1,746	1,769	1,790
Inventories	289	206	241	509	911	801	1,091	1,225	1,310	1,281
Trade receivables	209	289	413	352	297	386	306	316	323	410
Cash Equivalents	196	208	180	198	111	94	63	14	17	51
Loans n Advances	94	32	36	111	199	174	223	196	125	51
Other asset items	62	31	83	52	12	6	4	-4	-5	-3
Total Assets	1,121	1,101	1,365	1,825	2,396	2,459	2,779	2,863	2,905	2,915

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	216	119	20	296	204	176	52	-35	216	217
Profit from Operations				208	218	260	279	280	210	232
Working Capital Changes				140	31	-37	-157	-263	40	22
Profit Before Tax & Extraordinary Items	163	188	197	192	198	224	240	217	131	157
Depreciation	14	18	20	23	26	27	33	53	59	63
Interest (Net)	-7	-13	-13	-7	-7	8	6	13	22	15
Profit / Loss on Sale of Assets	0	0	0	0	0	0	0	0	0	0
Receivables	11	-79	-125	61	54	-88	80	-9	-7	-87
Inventories	134	83	-35	-267	-402	110	-291	-133	-85	29
Trade Payables	-42	13	29	32	1	-42	90	-17	-26	-27
Direct Taxes Paid	-38	-61	-39	-52	-45	-48	-70	-52	-34	-36
+ Cash from Investing Activity	-107	-65	-78	-205	-195	-115	-103	-3	-65	-96
Purchase of Fixed Assets	-30	-82	-95	-214	-272	-159	-126	-73	-79	-68
Sale of Fixed Assets	0	0	0	0	0	0	0	0	0	0
Purchase of Investments	0	0	0	0	-20	0	0	0	0	-3
Interest Received	11	17	21	14	13	4	15	8	6	6
Others	-88	-1	-4	-5	83	40	7	62	9	-31
+ Cash from Financing Activity	-90	-43	25	-78	-13	-37	27	43	-148	-126
Proceeds from Other Long-Term Borrowings	0	0	0	14	27	27	107	369	264	182
Repayment of Long-Term Borrowings	-46	0	0	0	0	0	0	-240	-320	-265
Dividend Paid	-40	-43	-46	-85	-34	-52	-59	-60	-58	-14
Interest Paid				-6	-6	-12	-22	-26	-35	-29
Others	0	5	79	0	0	0	0	0	0	0
Net Cash Flow	19	12	-33	13	-4	24	-24	4	2	-6