Mishra Dhatu Nigam Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 13, 2025, 1:24 pm

Market Cap	5,058 Cr.
Current Price	270
High / Low	541/227
Stock P/E	50.4
Book Value	72.0
Dividend Yield	0.52 %
ROCE	9.44 %
ROE	7.00 %
Face Value	10.0
PEG Ratio	-5.25

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Mishra Dhatu Nigam Ltd

Competitors of Mishra Dhatu Nigam Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mishra Dhatu Nigam Ltd	5,058 Cr.	270	541/227	50.4	72.0	0.52 %	9.44 %	7.00 %	10.0
Industry Average	5,058.00 Cr	270.00		50.40	72.00	0.52%	9.44%	7.00%	10.00

All Competitor Stocks of Mishra Dhatu Nigam Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	234	323	115	181	231	345	188	227	252	406	163	262	238
Expenses	171	201	82	122	166	244	146	191	216	325	140	213	186
Operating Profit	63	122	33	59	66	100	42	36	36	80	23	49	52
OPM %	27%	38%	29%	32%	28%	29%	22%	16%	14%	20%	14%	19%	22%
Other Income	5	16	7	9	9	12	8	8	6	8	8	9	7
Interest	3	15	5	6	7	8	9	9	9	8	7	8	7
Depreciation	7	12	12	13	14	14	14	14	14	15	15	16	16
Profit before tax	58	110	23	49	54	90	27	21	19	65	9	34	36
Tax %	26%	27%	24%	31%	28%	27%	31%	33%	34%	28%	43%	31%	30%
Net Profit	43	81	18	34	38	66	19	14	12	46	5	24	25
EPS in Rs	2.29	4.32	0.94	1.79	2.06	3.53	0.99	0.74	0.67	2.48	0.27	1.26	1.35

Last Updated: February 28, 2025, 6:24 pm

Below is a detailed analysis of the quarterly data for Mishra Dhatu Nigam Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹238.00 Cr.. The value appears to be declining and may need further review. It has decreased from 262.00 Cr. (Sep 2024) to ₹238.00 Cr., marking a decrease of 24.00 Cr..
For Expenses, as of Dec 2024, the value is ₹186.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 213.00 Cr. (Sep 2024) to ₹186.00 Cr., marking a decrease of 27.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹52.00 Cr.. The value appears strong and on an upward trend. It has increased from 49.00 Cr. (Sep 2024) to ₹52.00 Cr., marking an increase of ₹3.00 Cr..
For OPM %, as of Dec 2024, the value is 22.00%. The value appears strong and on an upward trend. It has increased from 19.00% (Sep 2024) to 22.00%, marking an increase of 3.00%.
For Other Income, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 9.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 2.00 Cr..
For Interest, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 8.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹16.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 16.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹36.00 Cr.. The value appears strong and on an upward trend. It has increased from 34.00 Cr. (Sep 2024) to ₹36.00 Cr., marking an increase of ₹2.00 Cr..
For Tax %, as of Dec 2024, the value is 30.00%. The value appears to be improving (decreasing) as expected. It has decreased from 31.00% (Sep 2024) to 30.00%, marking a decrease of 1.00%.
For Net Profit, as of Dec 2024, the value is ₹25.00 Cr.. The value appears strong and on an upward trend. It has increased from 24.00 Cr. (Sep 2024) to ₹25.00 Cr., marking an increase of ₹1.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 1.35. The value appears strong and on an upward trend. It has increased from ₹1.26 (Sep 2024) to 1.35, marking an increase of 0.09.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:29 pm

Metric	Mar 2010	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	363	555	647	716	773	662	711	713	813	859	872	1,073	1,069
Expenses	309	448	518	565	587	470	526	514	567	596	613	878	864
Operating Profit	54	106	129	152	186	191	185	199	246	263	259	195	205
OPM %	15%	19%	20%	21%	24%	29%	26%	28%	30%	31%	30%	18%	19%
Other Income	19	26	23	29	23	36	37	36	20	31	38	30	31
Interest	2	5	8	5	5	9	7	7	13	23	27	35	30
Depreciation	3	6	10	14	18	20	23	26	27	33	53	59	63
Profit before tax	68	121	134	162	186	198	191	202	226	239	217	131	144
Tax %	34%	32%	26%	26%	32%	34%	32%	21%	26%	26%	28%	30%
Net Profit	45	82	99	119	126	131	131	160	166	176	156	91	100
EPS in Rs	304.91	440.16	529.31	637.18	674.23	7.01	6.97	8.53	8.88	9.41	8.32	4.87	5.36
Dividend Payout %	20%	45%	38%	28%	30%	30%	31%	30%	31%	33%	40%	29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	20.73%	20.20%	5.88%	3.97%	0.00%	22.14%	3.75%	6.02%	-11.36%	-41.67%
Change in YoY Net Profit Growth (%)	0.00%	-0.53%	-14.32%	-1.91%	-3.97%	22.14%	-18.39%	2.27%	-17.39%	-30.30%

Mishra Dhatu Nigam Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	9%
3 Years:	10%
TTM:	6%

Compounded Profit Growth
10 Years:	1%
5 Years:	-7%
3 Years:	-18%
TTM:	-10%

Stock Price CAGR
10 Years:	%
5 Years:	4%
3 Years:	17%
1 Year:	-24%

Return on Equity
10 Years:	15%
5 Years:	13%
3 Years:	12%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:31 pm

Month	Mar 2010	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	146	187	187	187	187	187	187	187	187	187	187	187	187
Reserves	165	258	353	432	517	602	647	771	885	1,003	1,099	1,132	1,161
Borrowings	44	57	59	13	21	93	107	134	160	360	489	433	440
Other Liabilities	477	849	564	488	375	483	883	1,306	1,228	1,230	1,089	1,154	1,211
Total Liabilities	832	1,350	1,163	1,121	1,101	1,365	1,825	2,398	2,461	2,781	2,864	2,906	2,999
Fixed Assets	37	115	244	263	327	344	425	441	429	938	1,016	1,032	1,077
CWIP	16	118	9	7	6	65	175	405	549	132	80	83	24
Investments	2	2	2	2	2	2	2	22	22	22	22	22	25
Other Assets	778	1,115	907	849	765	954	1,223	1,530	1,461	1,688	1,746	1,769	1,873
Total Assets	832	1,350	1,163	1,121	1,101	1,365	1,825	2,398	2,461	2,781	2,864	2,906	2,999

Below is a detailed analysis of the balance sheet data for Mishra Dhatu Nigam Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹187.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹187.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,161.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,132.00 Cr. (Mar 2024) to ₹1,161.00 Cr., marking an increase of 29.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹440.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹433.00 Cr. (Mar 2024) to ₹440.00 Cr., marking an increase of 7.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,211.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,154.00 Cr. (Mar 2024) to ₹1,211.00 Cr., marking an increase of 57.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,999.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,906.00 Cr. (Mar 2024) to ₹2,999.00 Cr., marking an increase of 93.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,077.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,032.00 Cr. (Mar 2024) to ₹1,077.00 Cr., marking an increase of 45.00 Cr..
For CWIP, as of Sep 2024, the value is ₹24.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹83.00 Cr. (Mar 2024) to ₹24.00 Cr., marking a decrease of 59.00 Cr..
For Investments, as of Sep 2024, the value is ₹25.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹22.00 Cr. (Mar 2024) to ₹25.00 Cr., marking an increase of 3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,873.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,769.00 Cr. (Mar 2024) to ₹1,873.00 Cr., marking an increase of 104.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,999.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,906.00 Cr. (Mar 2024) to ₹2,999.00 Cr., marking an increase of 93.00 Cr..

Notably, the Reserves (₹1,161.00 Cr.) exceed the Borrowings (440.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	119	20	296	204	176	5	-35	216
Cash from Investing Activity +	-65	-78	-205	-195	-115	-68	-3	-65
Cash from Financing Activity +	-43	25	-78	-13	-37	39	43	-148
Net Cash Flow	12	-33	13	-4	24	-24	4	2

Free Cash Flow

Month	Mar 2010	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	10.00	49.00	70.00	139.00	165.00	98.00	78.00	65.00	86.00	-97.00	-230.00	-238.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2010	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	108	160	124	106	136	228	181	152	173	130	132	110
Inventory Days	875	886	704	372	277	749	984	2,784	1,381	2,088
Days Payable	115	190	158	68	89	299	248	394	148	336
Cash Conversion Cycle	868	857	670	410	324	678	916	2,542	1,407	1,882	132	110
Working Capital Days	61	241	167	144	134	194	277	430	393	453	531	431
ROCE %			26%	27%	28%	25%	22%	21%	21%	19%	15%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%
FIIs	0.31%	0.51%	0.52%	0.52%	0.58%	0.95%	1.19%	0.96%	1.07%	1.27%	1.42%	1.26%
DIIs	14.74%	14.59%	15.57%	13.76%	13.82%	13.11%	12.48%	11.84%	11.04%	9.33%	8.44%	8.48%
Public	10.95%	10.91%	9.90%	11.71%	11.61%	11.93%	12.33%	13.20%	13.88%	15.40%	16.13%	16.25%
No. of Shareholders	86,505	85,599	78,813	81,201	82,463	78,588	93,631	1,01,808	1,23,007	1,42,559	1,53,279	1,56,888

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Balanced Advantage Fund - Regular Plan	13,431,628	0.74	503.75	53,913	2025-03-12	24813.52%
Nippon India Small Cap Fund	1,498,686	0.14	56.21	53,913	2025-03-12	2679.82%
DSP Tiger Fund	1,477,655	2.01	55.42	53,913	2025-03-12	2640.81%
Nippon India Power & Infra Fund	775,000	0.96	29.07	53,913	2025-03-12	1337.5%
Nippon India Retirement Fund - Wealth Creation Scheme	775,000	1.07	29.07	53,913	2025-03-12	1337.5%
HDFC Capital Builder Value Fund - Regular Plan	718,298	0.44	26.94	53,913	2025-03-12	1232.33%
Taurus Ethical Fund	63,316	1.89	2.38	53,913	2025-03-12	17.44%
Motilal Oswal Nifty Microcap 250 Index Fund	53,913	0.35	2.02	53,913	2025-03-12	0%
Nippon India Retirement Fund - Income Generation Scheme	15,000	0.34	0.56	53,913	2025-03-12	-72.18%
ICICI Prudential S&P BSE 500 ETF	495	0.01	0.02	53,913	2025-03-12	-99.08%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.90	8.34	9.43	8.88	8.44
Diluted EPS (Rs.)	4.90	8.34	9.43	8.88	8.44
Cash EPS (Rs.)	8.00	11.15	11.17	10.32	9.92
Book Value[Excl.RevalReserv]/Share (Rs.)	70.42	68.61	63.49	57.17	51.07
Book Value[Incl.RevalReserv]/Share (Rs.)	70.42	68.61	63.49	57.17	51.07
Revenue From Operations / Share (Rs.)	57.26	46.54	45.88	43.41	38.05
PBDIT / Share (Rs.)	11.96	15.76	15.67	14.15	12.50
PBIT / Share (Rs.)	8.84	12.93	13.91	12.71	11.10
PBT / Share (Rs.)	6.99	11.56	12.76	12.07	10.79
Net Profit / Share (Rs.)	4.87	8.32	9.41	8.88	8.53
NP After MI And SOA / Share (Rs.)	4.90	8.34	9.43	8.88	8.44
PBDIT Margin (%)	20.89	33.86	34.16	32.59	32.84
PBIT Margin (%)	15.43	27.78	30.32	29.27	29.17
PBT Margin (%)	12.20	24.83	27.82	27.80	28.34
Net Profit Margin (%)	8.50	17.87	20.51	20.44	22.40
NP After MI And SOA Margin (%)	8.55	17.92	20.54	20.46	22.17
Return on Networth / Equity (%)	6.95	12.15	14.84	15.53	16.52
Return on Capital Employeed (%)	7.77	11.75	13.17	13.10	12.23
Return On Assets (%)	3.15	5.45	6.35	6.76	6.59
Long Term Debt / Equity (X)	0.04	0.05	0.02	0.00	0.00
Total Debt / Equity (X)	0.24	0.30	0.22	0.14	0.13
Asset Turnover Ratio (%)	0.37	0.30	0.32	0.33	0.33
Current Ratio (X)	2.28	2.18	2.09	2.26	2.17
Quick Ratio (X)	0.59	0.64	0.73	1.01	0.86
Inventory Turnover Ratio (X)	0.41	0.33	0.33	0.19	0.53
Dividend Payout Ratio (NP) (%)	62.86	38.60	33.30	31.06	17.89
Dividend Payout Ratio (CP) (%)	38.38	28.82	28.06	26.73	15.35
Earning Retention Ratio (%)	37.14	61.40	66.70	68.94	82.11
Cash Earning Retention Ratio (%)	61.62	71.18	71.94	73.27	84.65
Interest Coverage Ratio (X)	6.48	11.48	13.66	22.10	39.57
Interest Coverage Ratio (Post Tax) (X)	3.64	7.06	9.20	14.86	28.00
Enterprise Value (Cr.)	7684.98	3827.49	3303.60	3376.79	3373.31
EV / Net Operating Revenue (X)	7.16	4.39	3.84	4.15	4.73
EV / EBITDA (X)	34.29	12.96	11.25	12.74	14.41
MarketCap / Net Operating Revenue (X)	6.88	3.96	3.61	4.07	4.70
Retention Ratios (%)	37.13	61.39	66.69	68.93	82.10
Price / BV (X)	5.59	2.69	2.60	3.09	3.50
Price / Net Operating Revenue (X)	6.88	3.96	3.61	4.07	4.70
EarningsYield	0.01	0.04	0.05	0.05	0.04

After reviewing the key financial ratios for Mishra Dhatu Nigam Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 4.90. This value is below the healthy minimum of 5. It has decreased from 8.34 (Mar 23) to 4.90, marking a decrease of 3.44.
For Diluted EPS (Rs.), as of Mar 24, the value is 4.90. This value is below the healthy minimum of 5. It has decreased from 8.34 (Mar 23) to 4.90, marking a decrease of 3.44.
For Cash EPS (Rs.), as of Mar 24, the value is 8.00. This value is within the healthy range. It has decreased from 11.15 (Mar 23) to 8.00, marking a decrease of 3.15.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 70.42. It has increased from 68.61 (Mar 23) to 70.42, marking an increase of 1.81.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 70.42. It has increased from 68.61 (Mar 23) to 70.42, marking an increase of 1.81.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 57.26. It has increased from 46.54 (Mar 23) to 57.26, marking an increase of 10.72.
For PBDIT / Share (Rs.), as of Mar 24, the value is 11.96. This value is within the healthy range. It has decreased from 15.76 (Mar 23) to 11.96, marking a decrease of 3.80.
For PBIT / Share (Rs.), as of Mar 24, the value is 8.84. This value is within the healthy range. It has decreased from 12.93 (Mar 23) to 8.84, marking a decrease of 4.09.
For PBT / Share (Rs.), as of Mar 24, the value is 6.99. This value is within the healthy range. It has decreased from 11.56 (Mar 23) to 6.99, marking a decrease of 4.57.
For Net Profit / Share (Rs.), as of Mar 24, the value is 4.87. This value is within the healthy range. It has decreased from 8.32 (Mar 23) to 4.87, marking a decrease of 3.45.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 4.90. This value is within the healthy range. It has decreased from 8.34 (Mar 23) to 4.90, marking a decrease of 3.44.
For PBDIT Margin (%), as of Mar 24, the value is 20.89. This value is within the healthy range. It has decreased from 33.86 (Mar 23) to 20.89, marking a decrease of 12.97.
For PBIT Margin (%), as of Mar 24, the value is 15.43. This value is within the healthy range. It has decreased from 27.78 (Mar 23) to 15.43, marking a decrease of 12.35.
For PBT Margin (%), as of Mar 24, the value is 12.20. This value is within the healthy range. It has decreased from 24.83 (Mar 23) to 12.20, marking a decrease of 12.63.
For Net Profit Margin (%), as of Mar 24, the value is 8.50. This value is within the healthy range. It has decreased from 17.87 (Mar 23) to 8.50, marking a decrease of 9.37.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 8.55. This value is within the healthy range. It has decreased from 17.92 (Mar 23) to 8.55, marking a decrease of 9.37.
For Return on Networth / Equity (%), as of Mar 24, the value is 6.95. This value is below the healthy minimum of 15. It has decreased from 12.15 (Mar 23) to 6.95, marking a decrease of 5.20.
For Return on Capital Employeed (%), as of Mar 24, the value is 7.77. This value is below the healthy minimum of 10. It has decreased from 11.75 (Mar 23) to 7.77, marking a decrease of 3.98.
For Return On Assets (%), as of Mar 24, the value is 3.15. This value is below the healthy minimum of 5. It has decreased from 5.45 (Mar 23) to 3.15, marking a decrease of 2.30.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.04. This value is below the healthy minimum of 0.2. It has decreased from 0.05 (Mar 23) to 0.04, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.24. This value is within the healthy range. It has decreased from 0.30 (Mar 23) to 0.24, marking a decrease of 0.06.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.37. It has increased from 0.30 (Mar 23) to 0.37, marking an increase of 0.07.
For Current Ratio (X), as of Mar 24, the value is 2.28. This value is within the healthy range. It has increased from 2.18 (Mar 23) to 2.28, marking an increase of 0.10.
For Quick Ratio (X), as of Mar 24, the value is 0.59. This value is below the healthy minimum of 1. It has decreased from 0.64 (Mar 23) to 0.59, marking a decrease of 0.05.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.41. This value is below the healthy minimum of 4. It has increased from 0.33 (Mar 23) to 0.41, marking an increase of 0.08.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 62.86. This value exceeds the healthy maximum of 50. It has increased from 38.60 (Mar 23) to 62.86, marking an increase of 24.26.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 38.38. This value is within the healthy range. It has increased from 28.82 (Mar 23) to 38.38, marking an increase of 9.56.
For Earning Retention Ratio (%), as of Mar 24, the value is 37.14. This value is below the healthy minimum of 40. It has decreased from 61.40 (Mar 23) to 37.14, marking a decrease of 24.26.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 61.62. This value is within the healthy range. It has decreased from 71.18 (Mar 23) to 61.62, marking a decrease of 9.56.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.48. This value is within the healthy range. It has decreased from 11.48 (Mar 23) to 6.48, marking a decrease of 5.00.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.64. This value is within the healthy range. It has decreased from 7.06 (Mar 23) to 3.64, marking a decrease of 3.42.
For Enterprise Value (Cr.), as of Mar 24, the value is 7,684.98. It has increased from 3,827.49 (Mar 23) to 7,684.98, marking an increase of 3,857.49.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 7.16. This value exceeds the healthy maximum of 3. It has increased from 4.39 (Mar 23) to 7.16, marking an increase of 2.77.
For EV / EBITDA (X), as of Mar 24, the value is 34.29. This value exceeds the healthy maximum of 15. It has increased from 12.96 (Mar 23) to 34.29, marking an increase of 21.33.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 6.88. This value exceeds the healthy maximum of 3. It has increased from 3.96 (Mar 23) to 6.88, marking an increase of 2.92.
For Retention Ratios (%), as of Mar 24, the value is 37.13. This value is within the healthy range. It has decreased from 61.39 (Mar 23) to 37.13, marking a decrease of 24.26.
For Price / BV (X), as of Mar 24, the value is 5.59. This value exceeds the healthy maximum of 3. It has increased from 2.69 (Mar 23) to 5.59, marking an increase of 2.90.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 6.88. This value exceeds the healthy maximum of 3. It has increased from 3.96 (Mar 23) to 6.88, marking an increase of 2.92.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.01, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mishra Dhatu Nigam Ltd as of March 13, 2025 is: ₹204.27

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Mishra Dhatu Nigam Ltd is Overvalued by 24.34% compared to the current share price 270.00

Intrinsic Value of Mishra Dhatu Nigam Ltd as of March 13, 2025 is: 184.65

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Mishra Dhatu Nigam Ltd is Overvalued by 31.61% compared to the current share price 270.00

Last 5 Year EPS CAGR: -9.60%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.75%, which is a positive sign. The company has higher reserves (694.23 cr) compared to borrowings (185.38 cr), indicating strong financial stability. The company has shown consistent growth in sales (591.23 cr) and profit (170.69 cr) over the years.	The stock has a high average Working Capital Days of 288.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 414.08, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mishra Dhatu Nigam Ltd:
1. Net Profit Margin: 8.5%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 7.77% (Industry Average ROCE: 9.44%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.95% (Industry Average ROE: 7%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.64
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.59
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 50.4 (Industry average Stock P/E: 50.4)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.24
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Mishra Dhatu Nigam Ltd. is a Private Limited Listed company incorporated on 20/11/1973 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L14292TG1973GOI001660 and registration number is 001660. Currently Company is involved in the business activities of Manufacture of steel in ingots or other primary forms, and other semi- finished products of steel. Company's Total Operating Revenue is Rs. 1072.67 Cr. and Equity Capital is Rs. 187.34 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Aerospace & Defense	P O Kanchanbagh, Hyderabad Telangana 500058	company.secretary@midhani-india.in www.midhani-india.in

Management
Name	Position Held
Dr. Sanjay Kumar Jha	Chairman & Managing Director
Mr. Gowri Sankara Rao Naramsetti	Director - Finance & CFO
Mr. T Muthukumar	Director - Production & Marketing
Mr. Valluri Chakrapani	Non Exe. & Ind. Director
Mrs. V T Rema	Non Exe. & Ind. Director
Mr. Shalabh Tyagi	Government Nominee Director

FAQ

What is the latest intrinsic value of Mishra Dhatu Nigam Ltd?

The latest intrinsic value of Mishra Dhatu Nigam Ltd as on 13 March 2025 is 204.27, which is 24.34% lower than the current market price of ₹270.00, indicating the stock is overvalued by 24.34%. The intrinsic value of Mishra Dhatu Nigam Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹5,058 Cr. and recorded a high/low of ₹541/227 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,161 Cr and total liabilities of ₹2,999 Cr.

What is the Market Cap of Mishra Dhatu Nigam Ltd?

The Market Cap of Mishra Dhatu Nigam Ltd is 5,058 Cr..

What is the current Stock Price of Mishra Dhatu Nigam Ltd as on 13 March 2025?

The current stock price of Mishra Dhatu Nigam Ltd as on 13 March 2025 is ₹270.

What is the High / Low of Mishra Dhatu Nigam Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Mishra Dhatu Nigam Ltd stocks is ₹541/227.

What is the Stock P/E of Mishra Dhatu Nigam Ltd?

The Stock P/E of Mishra Dhatu Nigam Ltd is 50.4.

What is the Book Value of Mishra Dhatu Nigam Ltd?

The Book Value of Mishra Dhatu Nigam Ltd is 72.0.

What is the Dividend Yield of Mishra Dhatu Nigam Ltd?

The Dividend Yield of Mishra Dhatu Nigam Ltd is 0.52 %.

What is the ROCE of Mishra Dhatu Nigam Ltd?

The ROCE of Mishra Dhatu Nigam Ltd is 9.44 %.

What is the ROE of Mishra Dhatu Nigam Ltd?

The ROE of Mishra Dhatu Nigam Ltd is 7.00 %.

What is the Face Value of Mishra Dhatu Nigam Ltd?

The Face Value of Mishra Dhatu Nigam Ltd is 10.0.