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Mishra Dhatu Nigam Share Price Target 2025, 2026 to 2030

Mishra Dhatu Nigam Share Price Target 2025, 2026 to 2030

Price Target January 29, 2025 0
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Mishra Dhatu Nigam Limited (MIDHANI), established in 1973, is a prominent Public Sector Undertaking (PSU) operating under the Department of Defence Production, Ministry of Defence, Government of India. Headquartered in Hyderabad, Telangana, MIDHANI is renowned for its expertise in producing critical materials such as superalloys, titanium alloys, special-purpose steels, and other strategic metals and alloys. The company caters to the complex needs of diverse sectors, including aerospace, defence, atomic energy, power generation, and chemical industries. With state-of-the-art facilities, MIDHANI has developed innovative products like Titan 26A and Titan 29A, high-temperature titanium alloys integral to manufacturing critical components for aircraft engines. Additionally, MIDHANI plays a vital role in India’s defence sector by producing advanced armour solutions, including bulletproof jackets and armoured vehicles, offering ballistic protection against a variety of weapon systems. Dedicated to achieving self-reliance in the supply of strategic materials, MIDHANI continues to be a cornerstone in bolstering India’s defence and strategic capabilities.

Latest News on Mishra Dhatu Nigam

Mishra Dhatu Nigam Limited (MIDHANI) has recently forged a strategic partnership with Armoured Vehicles Nigam Limited (AVNL) to advance the development of armored vehicles. This collaboration focuses on leveraging MIDHANI’s expertise in producing advanced materials and AVNL’s capabilities in manufacturing armored solutions. The partnership is centered around projects at the Vehicle Factory Jabalpur, a key hub for the production of defense vehicles in India. This initiative underscores MIDHANI’s commitment to strengthening India’s defense sector by contributing to the indigenization and enhancement of armored vehicle technologies, further reinforcing the nation’s self-reliance in strategic defense manufacturing.

Shareholdings Patterns of Mishra Dhatu Nigam

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters +74.00%74.00%74.00%74.00%74.00%
FIIs +0.96%1.07%1.27%1.42%1.26%
DIIs +11.84%11.04%9.33%8.44%8.48%
Public +13.20%13.88%15.40%16.13%16.25%
No. of Shareholders1,01,8081,23,0071,42,5591,53,2791,56,888

The shareholding pattern of Mishra Dhatu Nigam Limited (MIDHANI) from December 2023 to December 2024 demonstrates a stable ownership structure with notable trends. Throughout this period, the promoters consistently held a majority stake of 74.00%, reflecting their strong commitment to the company. Foreign Institutional Investors (FIIs) displayed a gradual increase in their holdings from 0.96% in December 2023 to a peak of 1.42% in September 2024 before settling slightly lower at 1.26% by December 2024.

Domestic Institutional Investors (DIIs), however, exhibited a declining trend, reducing their stake from 11.84% in December 2023 to 8.48% by the end of 2024. The public shareholding increased steadily, rising from 13.20% in December 2023 to 16.25% in December 2024, indicating growing interest among individual investors. The number of shareholders also rose significantly, from 1,01,808 in December 2023 to 1,56,888 by December 2024, highlighting the increasing investor base and confidence in Mishra Dhatu Nigam’s growth prospects.

How to Buy Mishra Dhatu Nigam Shares in India?

Below are the trading platforms that you can use to purchase Mishra Dhatu Nigam shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

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Mishra Dhatu Nigam Share Price Prediction: 2025 – 2030

Mishra Dhatu Nigam Share Price Prediction 2025

WhenMaximum PriceMinimum Price
February 2025373.99287.68
March 2025381.84293.73
April 2025378.06290.82
May 2025367.05282.35
June 2025383.57295.05
July 2025376.05289.27
August 2025387.68298.21
September 2025392.33301.79
October 2025402.53309.64
November 2025412.59317.38
December 2025431.16331.66

As we move through 2025, Mishra Dhatu Nigam’s share prices are expected to gradually rise. In February, prices could reach a maximum of ₹373.99 and a minimum of ₹287.68, progressing to ₹402.53 and ₹309.64 by October. By December 2025, the shares may peak at ₹431.16 and bottom at ₹331.66, reflecting consistent growth throughout the year.

Mishra Dhatu Nigam Share Price Prediction 2026

WhenMaximum PriceMinimum Price
January 2026444.09341.61
February 2026432.99333.07
March 2026441.65339.73
April 2026450.67346.67
May 2026446.20343.23
June 2026457.36351.81
July 2026448.39344.92
August 2026462.26355.58
September 2026471.50362.70
October 2026483.76372.13
November 2026495.86381.43
December 2026508.25390.96

As we step into 2026, Mishra Dhatu Nigam’s share prices are projected to show steady growth. In January, prices may peak at ₹444.09 and bottom at ₹341.61, progressing to ₹457.36 and ₹351.81 by June. By October, the shares could reach a maximum of ₹483.76 and a minimum of ₹372.13. Concluding the year in December, prices are anticipated to achieve a high of ₹508.25 and a low of ₹390.96.

Mishra Dhatu Nigam Share Price Target 2027

WhenMaximum PriceMinimum Price
January 2027513.34394.87
February 2027526.50405.00
March 2027547.03420.79
April 2027536.31412.54
May 2027520.69400.53
June 2027544.12418.55
July 2027533.45410.34
August 2027549.95423.03
September 2027569.19437.84
October 2027583.99449.22
November 2027598.59460.46
December 2027613.56471.97

Mishra Dhatu Nigam Share Price Prediction 2028

WhenMaximum PriceMinimum Price
January 2028625.83481.41
February 2028641.88493.75
March 2028666.91513.01
April 2028653.83502.95
May 2028634.79488.30
June 2028663.35510.27
July 2028650.35500.27
August 2028670.46515.74
September 2028693.93533.79
October 2028711.97547.67
November 2028729.77561.36
December 2028748.01575.39

Mishra Dhatu Nigam Share Price Target 2029

WhenMaximum PriceMinimum Price
January 2029762.97586.90
February 2029782.54601.95
March 2029813.05625.43
April 2029797.11613.16
May 2029773.90595.30
June 2029808.72622.09
July 2029792.86609.89
August 2029817.38628.76
September 2029845.99650.76
October 2029867.99667.68
November 2029889.69684.38
December 2029911.93701.49

Mishra Dhatu Nigam Share Price Prediction 2030

WhenMaximum PriceMinimum Price
January 2030930.17715.52
February 2030954.02733.86
March 2030991.23762.48
April 2030971.79747.53
May 2030943.49725.76
June 2030985.94758.42
July 2030966.61743.55
August 2030996.51766.54
September 20301,031.38793.37
October 20301,058.20814.00
November 20301,084.66834.35
December 20301,111.77855.21

As we progress through 2030, Mishra Dhatu Nigam’s share prices are expected to demonstrate significant growth. In January, prices could reach a maximum of ₹930.17 and a minimum of ₹715.52. By June, the projections suggest a peak of ₹985.94 and a low of ₹758.42. Moving into the later months, October may witness a high of ₹1,058.20 and a low of ₹814.00. Closing the year in December, prices are anticipated to touch a maximum of ₹1,111.77 and a minimum of ₹855.21.

Mishra Dhatu Nigam Financial Condition

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales +7138138598721,0731,083
Expenses +514567596613878894
Operating Profit199246263259195189
OPM %28%30%31%30%18%17%
Other Income +362031383031
Interest71323273532
Depreciation262733535961
Profit before tax202226239217131126
Tax %21%26%26%28%30%
Net Profit +1601661761569188
EPS in Rs8.538.889.418.324.874.68
Dividend Payout %30%31%33%40%29%

The financial performance of Mishra Dhatu Nigam (MIDHANI) over the years reflects its dynamic operational trends. Sales figures have steadily increased from ₹713 crore in March 2020 to ₹1,073 crore in March 2024, with the trailing twelve months (TTM) recording ₹1,083 crore. However, operating profit margins (OPM) showed a declining trend, dropping from 28% in March 2020 to 17% in TTM, mainly due to rising expenses, which escalated from ₹514 crore in March 2020 to ₹894 crore in TTM.

Net profit displayed fluctuations, peaking at ₹176 crore in March 2022 before declining to ₹91 crore in March 2024 and further to ₹88 crore in TTM. Similarly, earnings per share (EPS) decreased from ₹9.41 in March 2022 to ₹4.68 in TTM. While other income remained stable, increasing slightly to ₹31 crore in TTM, depreciation and interest costs grew significantly, impacting the profit before tax, which dropped from ₹239 crore in March 2022 to ₹126 crore in TTM.

The dividend payout ratio, which peaked at 40% in March 2023, decreased to 29% in March 2024. Overall, Mishra Dhatu Nigam has experienced a mix of growth in sales and challenges in profitability, highlighting the need for cost optimization to sustain long-term performance.

FAQs

What is the current market capitalization of Mishra Dhatu Nigam?

As of January 29th, 2025, the market cap is quite strong, standing at ₹6,008 Crores.

What is the current share price of Mishra Dhatu Nigam?

Mishra Dhatu Nigam India shares are currently trading at ₹321 as of January 29th, 2025.

What is the share price target for Mishra Dhatu Nigam in 2025?

Looking ahead, the share price is expected to range between ₹282.35 to ₹431.16 by 2025.

What is the share price target for Mishra Dhatu Nigam in 2030?

The long-term outlook is optimistic, with a projected range of ₹855.21 to ₹1,111.77 by December 2030.

What is the current Price-to-Earnings (PE) ratio of Mishra Dhatu Nigam?

Currently, the stock’s PE ratio is at a reasonable 68.6.

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Conclusion

Mishra Dhatu Nigam Limited (MIDHANI) has proven itself as a significant player in India’s defense and strategic materials sector, achieving steady financial growth with sales rising from ₹713 crore in March 2020 to ₹1,083 crore in TTM 2024. However, operating profit margins have seen some pressure due to increased expenses. The company’s strong promoter stake of 74% and the increasing public interest in its shares reflect growing investor confidence. Looking ahead, MIDHANI’s share price is forecasted to continue its upward trajectory, reaching a maximum of ₹431.16 in December 2025 and further increasing to ₹1,111.77 by December 2030, supported by its strategic partnerships and position in critical defense and industrial sectors.

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Author: Ashnoor

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