Mishra Dhatu Nigam Share Price Dips Despite Strong Q1 Performance

New Delhi, August 14 – Shares of public sector enterprise Mishra Dhatu Nigam Ltd. were in focus on Thursday after the company posted robust Q1 results for FY26, even though its business is largely concentrated in the fourth quarter. Notably, 45% of its annual business comes from Q4.

Market Performance

• The stock closed the previous trading session 4.3% higher at ₹403.8.
• Over the past month, it has declined 6.5%, but is still up 17.8% year-to-date.
• The company's market capitalisation currently stands at ₹7,500 crore.

Q1 Financial Highlights (April–June 2025)

Revenue

• ₹170.5 crore, up 4% from ₹163.5 crore in Q1 FY25.

Net Profit

• ₹12.96 crore, a jump of 145% from ₹5.3 crore last year.

EBITDA

• ₹34.18 crore, up 46% from ₹23.35 crore in the same period last year.

EBITDA Margins

• Expanded to 20.05% from 14.28% a year ago.

Finance Cost

• Down 10% to ₹6.17 crore from ₹6.85 crore in Q1 FY25.

Other Income

• Slightly lower at ₹7.11 crore compared to ₹7.77 crore last year.

Order Book & Business Outlook

• As of July 1, 2025, Mishra Dhatu Nigam’s order book stood at ₹1,827 crore.
• With a significant portion of business expected in Q4, the Q1 numbers still reflect operational efficiency and margin improvement.

Summary

Despite a minor dip in share price recently, Mishra Dhatu Nigam delivered a strong Q1 performance marked by double profit growth, higher margins, and a steady revenue rise. While the company’s biggest quarter is yet to come, these results indicate a solid start to FY26.