Mishra Dhatu Nigam Limited Share Price and Company Fundamentals



Price
₹162.6
Change
-1.050 (-0.642%)
52 week
155.55 - 214.6

Last traded: Last Friday at 9:59 AM

Mishra Dhatu Nigam Limited manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India. The company provides special steels, including high strength special steel, austenitic steel, armour steel, maraging steel, and precipitation hardening martensitic stainless steel for aero and defense applications; and nickel base, iron base, and cobalt base super alloys used in aeronautics, space, nuclear, chemical, petrochemical, power generation, and furnace industries. It also offers titanium and titanium alloys, soft magnetic, controlled expansion alloys, heat resistance alloys, special purpose alloys, refractory metals, and other alloys; bars, bright bars, and wire/fine wire; and hot and cold rolled sheets, and strip, as well as open die forging products. The company offers special weld consumables, fasteners, biomedical implants, and armour products. Mishra Dhatu Nigam Limited was founded in 1973 and is based in Hyderabad, India.

Key Metrics

PE ratio

17.44

PB ratio

2.59

Dividend yield

1.89%

Beta

0.29

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSteel / Basic Materials
Websitehttps://www.midhani-india.in
Mailing addressPO Kanchanbagh Hyderabad 500058 India
Phone / Fax91 40 2418 4515 / 91 40 2956 8502

Dividends

Dividend yield

1.89%

Dividend amount

₹3.10

Payout ratio

33.30%

Mishra Dhatu Nigam Limited paid ₹3.10 dividend and the ex-dividend date was 22 Mar 2022.The dividend payout ratio is 33.30%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MIDHANI dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MIDHANI's forward dividend amount is ₹3.12 and the forward dividend yield is 1.90%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Mishra Dhatu Nigam Limited.

NameTitleAgeTotal Pay
Dr. Sanjay Kumar JhaChairman & MD575.05M
Mr. Gowri Sankara Rao NaramsettiCFO & Director1.62M
Mr. Paul AntonyCompany Sec. & Compliance Officer1.37M
Ms. Madhubala KalluriAssistant Gen. Mang. of Fin. & Accounts
Mr. D. Gopi KrishnaGen. Mang. of Production & Marketing
Mr. Achanta Rama Krishna RaoGen. Mang. of Human Resource
Dr. Upender VennamChief Vigilance Officer
Mr. K. Siva SubramanianGen. Mang. of R&D

Profitability and management effectiveness

Profit margin

20.55%

Operating margin

26.68%

Return on assets

5.47%

Return on equity

15.62%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mishra Dhatu Nigam Limited is and its enterprise value is .

The MIDHANI's stocks Beta value is 0.29 making it 71% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Mishra Dhatu Nigam Limited (NSE:MIDHANI) Frequently Asked Questions

1. What is Mishra Dhatu Nigam Limited's Stock Symbol?

Mishra Dhatu Nigam Limited trades on NSE under the ticker symbol "MIDHANI".

2. What is Mishra Dhatu Nigam Limited's stock price today?

One share of MIDHANI stock can currently be purchased for approximately ₹162.6.

3. How can I contact Mishra Dhatu Nigam Limited?

Mishra Dhatu Nigam Limited's mailing address is PO Kanchanbagh Hyderabad 500058 India. The company can be reached via phone at 91 40 2418 4515.

4. What is Mishra Dhatu Nigam Limited's official website?

The official website of Mishra Dhatu Nigam Limited is https://www.midhani-india.in.