News

Mishra Dhatu Nigam Ltd share price slipped 1.24% to Rs 428.35 after the company`s net profit witnessed a sharp fall of 78.86% to Rs 16.47 crore, while revenue from operations nosedived 57.18% to Rs 227.47 crore in Q2FY26 over Q1FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.38 lakh crore, tanking 47.53%. It has inched up 3.88% over last one week and gained upto 4.04% in last one month while the market capitalization of Mishra Dhatu Nigam Ltd has improved by 3.06% and 1.60% in the same period respectively. Profit before tax (PBT) of Mishra Dhatu Nigam Ltd stood at Rs 24.07 crore in Q2 FY26, rallying 25.63% year-on-year, and crashing by 77.54% quarter-on-quarter. EBITDA came in at Rs 27 crore, declining 1.59% YoY and plunging by 73.79% sequentially. Total expenses slumped by 51.59% to Rs 219.48 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 112.16 crore, registering a fall of 22.71% YoY, while employee benefits expense was at Rs 37.31 crore, contracting 9.27% YoY. For the TTM ended FY26, revenue from operations grew marginally by 2.09% to Rs 1052.79 crore, while net profit saw a strong growth of 20.77% to Rs 110.84 crore, compared to previous TTM. EBITDA surged by 16814% to Rs 187.13 crore, and PBT registered a growth of 19.27% to Rs 156.81 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 216.96 crore in FY26, as against Rs 215.64 crore in FY25. Mishra Dhatu Nigam Ltd soared by 9.06% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Mishra Dhatu Nigam announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 1.25 per equity Share (i.e. 12.5%) , subject to the approval of the shareholders.

Net profit of Mishra Dhatu Nigam rose 38.61% to Rs 77.90 crore in the quarter ended March 2026 as against Rs 56.20 crore during the previous quarter ended March 2025. Sales rose 30.80% to Rs 531.17 crore in the quarter ended March 2026 as against Rs 406.09 crore during the previous quarter ended March 2025.For the full year,net profit rose 18.61% to Rs 131.47 crore in the year ended March 2026 as against Rs 110.84 crore during the previous year ended March 2025. Sales rose 12.28% to Rs 1182.03 crore in the year ended March 2026 as against Rs 1052.79 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales531.17406.09 31 1182.031052.79 12 OPM %21.8422.99 -20.1020.71 - PBDT123.8293.57 32 251.21220.29 14 PBT107.1577.22 39 184.77156.81 18 NP77.9056.20 39 131.47110.84 19 Powered by Capital Market - Live News

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 29 May 2026.