Mishra Dhatu Nigam's Q3 FY 2025-26 Quarterly Results
- 13 Feb 2026
Result Summary
- Mishra Dhatu Nigam Ltd reported a 29.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.6%.
- Its expenses for the quarter were up by 22.4% QoQ and 16.9% YoY.
- The net profit increased 113.3% QoQ and increased 8.3% YoY.
- The earnings per share (EPS) of Mishra Dhatu Nigam Ltd stood at 1.48 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 283.22 | 218.66 | 244.98 | 29.5% | 15.6% |
Total Expenses | 244.25 | 199.54 | 208.99 | 22.4% | 16.9% |
Profit Before Tax | 38.97 | 19.13 | 36.00 | 103.7% | 8.2% |
Tax | 11.51 | 6.35 | 10.73 | 81.3% | 7.3% |
Profit After Tax | 27.64 | 12.96 | 25.52 | 113.3% | 8.3% |
Earnings Per Share | 1.48 | 0.69 | 1.36 | 114.5% | 8.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mishra Dhatu Nigam Ltd, commonly known as MIDHANI, operates primarily in the advanced metallurgical industry. The company specializes in the manufacturing of special steels, superalloys, and titanium alloys, which are critical for the aerospace, defense, power generation, nuclear, and other industries. MIDHANI is recognized for its role in strategic sectors, supplying materials for defense equipment and space missions. As of the latest available data, the company has not disclosed any recent major developments. However, MIDHANI's historical focus has been on enhancing its product portfolio to meet the stringent demands of its primary customer sectors.
Revenue
In the third quarter of the fiscal year 2026, Mishra Dhatu Nigam Ltd reported a total income of ₹283.22 crores, reflecting a significant increase from the previous quarter's ₹218.66 crores. This represents a quarter-over-quarter growth of 29.5%. When compared to the same quarter in the previous year, where the total income was ₹244.98 crores, there is a year-over-year growth of 15.6%. These figures indicate a robust increase in revenue across both comparisons, indicating strong sales performance during the quarter.
Profitability
For the third quarter of FY26, Mishra Dhatu Nigam Ltd recorded a profit before tax of ₹38.97 crores, which is a substantial increase from ₹19.13 crores in the second quarter of the same fiscal year. This marks a quarter-over-quarter growth of 103.7%. Compared to the third quarter of FY25, where the profit before tax was ₹36.00 crores, the year-over-year growth is 8.2%. The profit after tax for Q3FY26 was ₹27.64 crores, up from ₹12.96 crores in Q2FY26, representing a quarter-over-quarter increase of 113.3%. Year-over-year, the profit after tax increased by 8.3% from ₹25.52 crores in Q3FY25. These numbers suggest strong profitability growth during the quarter.
Operating Metrics
The total expenses for Mishra Dhatu Nigam Ltd in Q3FY26 amounted to ₹244.25 crores, up from ₹199.54 crores in the previous quarter, which is a 22.4% increase. Comparing this to the same quarter in the previous year, where expenses were ₹208.99 crores, there is a year-over-year growth of 16.9%. The effective tax for the quarter was ₹11.51 crores, up from ₹6.35 crores in Q2FY26, showing an increase of 81.3% quarter-over-quarter. The year-over-year increase from Q3FY25's ₹10.73 crores is 7.3%. Earnings per share for Q3FY26 stood at ₹1.48, which is a considerable increase from ₹0.69 in Q2FY26, and shows a 114.5% QoQ increase. Year-over-year, the EPS rose by 8.8% from ₹1.36 in Q3FY25. These metrics provide insight into operational efficiency and shareholder value enhancement during the quarter.