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Mishra Dhatu Nigam Ltd dividend

Mishra Dhatu Nigam Ltd dividend

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₹ 3.6 Cr

Volume transacted

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68.0 K

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Last Updated time: 12 Jul 14:24 PM

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Mishra Dhatu Nigam Ltd

NSE: MIDHANI

DPS

3.35

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Mishra Dhatu Nigam Ltd is ₹ 3.35 as of 2023 .a1#The Dividend Payout of Mishra Dhatu Nigam Ltd changed from 31.42 % on March 2019 to 0 % on March 2023 . This represents a CAGR of -100.00% over 5 years. a1#The Latest Trading Price of Mishra Dhatu Nigam Ltd is ₹ 524.25 as of 12 Jul 14:17 .a1#The Market Cap of Mishra Dhatu Nigam Ltd changed from ₹ 2642 crore on March 2019 to ₹ 3454 crore on March 2023 . This represents a CAGR of 5.51% over 5 years. a1#The Revenue of Mishra Dhatu Nigam Ltd changed from ₹ 122.38 crore to ₹ 413.63 crore over 8 quarters. This represents a CAGR of 83.84% a1#The EBITDA of Mishra Dhatu Nigam Ltd changed from ₹ 40.47 crore to ₹ 88.5 crore over 8 quarters. This represents a CAGR of 47.88% a1#The Net Pr of Mishra Dhatu Nigam Ltd changed from ₹ 17.77 crore to ₹ 46.34 crore over 8 quarters. This represents a CAGR of 61.49% a1#

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Company Fundamentals For Mishra Dhatu Nigam Ltd

Market Cap

9,942 Cr

EPS

4.9

P/E Ratio (TTM) *

108.3

P/B Ratio (TTM) *

7.5

DTE *

0.3

ROE *

7.0

ROCE *

7.0

Dividend Yield *

0

DPS *

3.35

Dividend Payout *

0

Ann.Dividend % *

0

* All values are consolidated

Last Updated time: 12 Jul 14:24 PM

* All values are consolidated

Last Updated time: 12 Jul 14:24 PM

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Historical Dividend Payout of Mishra Dhatu Nigam Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Mishra Dhatu Nigam Ltd

Period
Mar '1931
Mar '2030
Mar '2131
Mar '2233
Mar '230

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Mishra Dhatu Nigam Ltd

NSE: MIDHANI

PRICE

524.25

-6.45 (-1.22%)

stock direction

Last updated : 12 Jul 14:17

SWOT Analysis Of Mishra Dhatu Nigam Ltd

Strength

3

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Mishra Dhatu Nigam Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Mishra Dhatu Nigam Ltd

Period
Mar '192642
Mar '203351
Mar '213310
Mar '223099
Mar '233455

* All values are a in crore

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Historical Revenue of Mishra Dhatu Nigam Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Mishra Dhatu Nigam Ltd

Period
Jun '22122
Sep '22190
Dec '22241
Mar '23357
Jun '23196
Sep '23235
Dec '23259
Mar '24414

* All values are a in crore

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Historical EBITDA of Mishra Dhatu Nigam Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Mishra Dhatu Nigam Ltd

Period
Jun '2240
Sep '2268
Dec '2275
Mar '23112
Jun '2350
Sep '2344
Dec '2342
Mar '2489

* All values are a in crore

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Historical Net Profit of Mishra Dhatu Nigam Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Mishra Dhatu Nigam Ltd

Period
Jun '2218
Sep '2234
Dec '2239
Mar '2366
Jun '2319
Sep '2314
Dec '2313
Mar '2446

* All values are a in crore

About Mishra Dhatu Nigam Ltd

About Mishra Dhatu Nigam Ltd

    Mishra Dhatu Nigam Limited (MIDHANI ), a Public Sector Undertaking was set up in 1973 and is engaged in manufacturing of Super Alloys, Titanium base Alloys, Special Stainless Steel in semi-finished forms and other special metals. The Company is one of the leading manufacturers of Special Steels, Super Alloys and the only manufacturer of Titanium Alloys in India. MDNL is one of the few metallurgical plants of its kind in the world, designed to manufacture a wide range of special metals and alloys using integrated and highly flexible manufacturing systems. The Company manufactures unique combinations of metal and alloys. These special alloys have superior mechanical properties and better workability which are essential for special applications in aerospace, power generation, nuclear, defence and other general engineering industries. These products are key ingredients for strategic sectors in India, which typically cannot be imported from other countries due to its national security related concerns. The manufacturing facilities include Primary and Secondary melting furnaces such as Electric Arc Furnace with Ladle Refining Furnace, Vacuum Degassing/ Vacuum Oxygen Decarburisation, Vacuum Induction Melting Furnace, Vacuum Induction Refining Furnace, Vacuum Arc ReMelting Furnace, Electro Slag Re-Melting Furnace and Electron Beam Melting Furnace. Subsequent operations are carried out at 6000T/1500T Forge Presses, Ring Rolling Mill, Hot Rolling and Cold Rolling Mills, Bar and Wire Drawing Mills etc. based on the output, form and sizes required. The auxiliary supporting services like conditioning, heat treatment, machining, pickling, quality control also forms part of MIDHANI's manufacturing processes. The Company manufactures special steels like martensitic steel, ultra high strength steel, austenitic steel and precipitation hardening steel. It manufactures three varieties of Superalloys - nickel base, iron base and cobalt base. It also manufactures varieties of titanium alloys. Most of the orders executed by the Company are in the nature of an import substitute. The Company has the competence of developing and manufacturing customised alloys tailor-made to suit the specific requirements of customers for their critical applications. Presently, the company conducts the operations at manufacturing facility in Hyderabad. It is in the process of setting up two new manufacturing facilities in Rohtak and Nellore. It has several certifications including the ISO 9001:2008 - Quality Management System and AS 9100 C for manufacturing and supply of metals and alloy products. The Company has the research and development laboratory which is accredited to National Accreditation Board for Testing and Calibration Laboratories. With the constant developments made over the years in various operational areas, by utilizing in-house research and development capabilities, the Company indigenized various critical technologies, alloys and products which reduced dependence on imports of these critical materials. The Company has been handling challenging developmental tasks, taking a lead position in indigenisation of critical technologies and products to render support to several programmes of national importance. The company was incorporated as a private limited company with the name 'Mishra Dhatu Nigam Private Limited' on November 20, 1973. Being a Government Company, the word private was deleted from name of the company by the RoC on June 15, 1974. The status of the Company was changed from a private limited company to deemed public limited company under the provisions of Section 43A with effect from July 01, 1983. The production unit of MIDHANI, located at Kanchanbagh, in Hyderabad, was commissioned in the year 1982. It was established to achieve self-reliance in production and supply of various super alloys, special steels, materials to Strategic Sectors of the country. The company started commercial production in 1983-1984. During the year 1987-1988, the company entered into the field of fabrication of special armour panels. During the year 2000-2001, the company developed bio implants from Titanium alloys. The status of the Company was again changed from deemed public company to a private limited company after notification of the Companies (Amendment) Act, 2000 on 27 February 2001 and the word private was not inserted in the certificate of incorporation. During the year 2001-2002, the company developed Niobium alloy required for critical space applications. In 2002-2003, the company commenced supply of indigenized special fasteners. In 2015-2006, the company developed large forgings of Chromium -Molybdenum steel in the form of weld neck flanges, blind flanges etc. During the year 2006-2007, the company developed gun barrel forgings. In 2008-2009, the company achieved Mini Ratna category-1 status from the Ministry of Defence. In 2009-2010, the company commenced commercial production of 6.5 metric tonnes vacuum induction melting furnace. In 2010-2011, the company commissioned critical equipment like 10 tonnes vacuum arc re-melting furnace. In 2011- 2012, the company implemented the e-Procurement portal for publishing and processing tenders online. In 2014-2015, the company commissioned 6000 tonnes forge press and electron beam melting furnace. In 2015-2016, the company commissioned in-house designed 20 tonnes electro slag refining furnace and 10 tonnes vacuum arc re-melting furnace. In 2016-2017, the company commissioned 20 tonnes electric arc furnace. The company was converted into a public limited company on November 13, 2017. On 17/01/2018 the company filed Draft Red Herring Prospectus and on 16/03/2018 filed Red Herring Prospectus with SEBI for raising Rs. 435.02 cr. The Issue dates were from 21/03/2018 to 23/03/2018 with Price Band of Rs. 87 to Rs. 90. The Issue got subscribed 1.21 times leading to its Issue Price being fixed at Rs. 90. The Shares got listed in BSE and NSE on 04/04/2018 at Rs. 87.00 which is 3.33% below Issue Price. On 18 April 2018, Mishra Dhatu Nigam Limited informed the stock exchanges that it has entered into two non-binding MoU at the recently concluded Defexpo India-2018. MIDHANI and National Aluminium Co. Ltd. (NALCO) set up a Joint Venture Company, Utkarsha Aluminum Dhatu Nigam Limited. This JVC was incorporated on 21st August, 2019, for establishing a manufacturing plant at Nellore, Andhra Pradesh for manufacturing of high end Aluminium Alloy products and to meet the market demand in sectors such as Defence, Space and National Aluminium Co. Ltd. During COVID-19 crisis, MIDHANI developed and supplied 1.5 kg. of 0.16 mm Nickel Wire with purity ~100%, which was critically required for the manufacture of Oxygen sensor pertaining to the 'Critical Core Ventilator' being produced by Bharat Electronics Limited (BEL) for COVID-19 patients. The material was developed and supplied for the first time within 96 hours during the lockdown period which had helped to establish an indigenous source of critical raw material which otherwise had to be imported. In FY 21, the Company developed spider casting, fulfilling stringent Aerospace requirements for Semi CryoEngine of Satellite Launch Vehicle'. Its indigenously manufactured impellers, made of Nickel based Super Alloy were delivered to customers. It supplied first consignment of Superfer 800 (Alloy 800) Steam Generator Tubes for 700 MWe Pressurized Heavy-Water Reactor (PHWR) for application in Energy Sector on February 15, 2021. Under Atma Nirbhar Bharat' initiative, indigenously manufactured impellers made of Nickel Super Alloy 'Superni 600' was delivered for application in Energy sector on March 16, 2021. It developed and supplied Rolled Homogenous Armor (RHA) Steel for Missile Penetration Test. RHA steel, which was being imported was indigenously developed under Atmanirbhar Bharat Programme'. The Company dispatched first consignment of high temperature alloy on March 20, 2021 with 75% indigenous content for the country's indigenous Kaveri Dry Engine Program' powering the Unmanned Combat Aerial Vehicle (UCAV). The consignment contained Nickel base Super-alloy and Titanium alloy forged bars thoroughly qualified in airworthy certification requirements used for various Class I and Class II components of the engine. During the year 2021, the Company manufactured large size forged slab made of Titanium alloy for Gaganyaan Mission and Titanium tubes through forge route. It developed Superfer 52, a high strength precision alloy for spring application, Cobalt free high strength steel for export order. It developed and supplied wide slab made of Titanium alloy for Advanced Medium Combat Aircraft (AMCA) project. It developed fine grained bar feed stock made of Super alloy for Aero engine disc Application, Blade blank for Adour Engine, Pack Rolling of Titanium Sheet, Process optimization of special alloys using AI and was certified for development of Aero grade Bearing Steel. The Company dispatched first consignment of Ultra High Strength Steel and Cobalt alloy with stringent quality requirements for Prestigious Human Space Flight Program of ISRO 'Gaganyaan'. During the year 2021, the Company developed Titanium Alloy Casting ('74 kg) for Strategic Application. It delivered sets of Isothermally Forged Titanium Alloy High Pressure Compressor Disc using complete indigenous technology under Industry Research Partnership for aerospace application in FY21. It developed and supplied to National Aluminium Co. Ltd (NALCO) Caster Roll Shells which are shrink fitted on the core and used for casting of Aluminium Strip with nominal thickness of 7 mm. During FY 2020-21, MIDHANI was awarded ISO 14000:2015 (EMS) Certification for Environmental management and ISO 45001:2018 (OHSMS) Certification for Occupational Health and Safety Assessment. It has been certified with ISO 14001:2015 (Environmental Management System). In 2021-22, MIDHANI developed PT 1M Seamless Pipes for applications in sea and fresh water; developed Top Hatch, primary viewport, and secondary viewports for deep sea Spherical Pressure Hull (SPH) components; Zircalloy Tubes were forged and supplied for its use in Energy applications; Borated Zirconium Strip of 1mm x 10mm X 1000mm for use in Energy application; developed and manufactured, Fluid End Component- MDN 16-5-1, Super Martensitic Stainless Steel for its application in Oil and Gas Sector; MIDHANI in collaboration with DMRL, developed 5 types of bearing steels. The Light Combat Aircraft Tejas LSP4 completed one hour flight accommodated with indigenous aircraft bearings for the critical gear box on February 8, 2022. During the year 2021-22, MIDHANI commissioned a Wide Plate Rolling facility; for manufacturing and supply of Helical Compression Springs for Railway Wagons, Coaches, Locomotives, a Spring Manufacture unit was set up and commissioned; Replacement of old reheating furnace of capacity 30T for heating of billets was setup in Forge shop and the furnace was commissioned; a 20T capacity Fixed Hearth Furnace for reheating of smaller ingots was commissioned; revamping of Bogie drive of the furnace was completed; Tempering furnace for Wide Plate Mill (WPM) was commissioned. A new 8T Capacity Vacuum Induction Melting' Furnace (VIM) was set up and made operational; 300 Kg Vacuum Arc Skull Melting Furnace was installed; an armour unit of MIDHANI was set up at Rohtak, Haryana; Major construction activities of Phase-I & Phase was completed; Equipment like Fiber cutting machine, Water jet cutting machine, Hydraulic ballistic press, CNT spray machine, etc were commissioned. In 2022-23, MIDHANI achieved a significant milestone by manufacturing Titan 31 plate for the qualification of the Wide Plate Mill, specifically catering to the requirements of VSSC (Vikram Sarabhai Space Centre) - ISRO for the prestigious Gaganyaan Mission. It manufactured Superni C-276 (Haste Alloy), a corrosion-resistant nickel-based alloy; supplied feedstock and mill forms of high-temperature alloys for the prestigious Kaveri dry engine program; completed development and certification of Superni 115 LPT blade blank for aeroengines; additionally completed development and certification of Titan 26M, a Titanium alloy capable of withstanding temperatures up to 520°C under creep conditions; the newly established armour unit at Rohtak, Haryana commenced production and delivered 15 bulletproof vehicles of the Isuzu Shaurya model to the J&K police. Additionally, 47 MIDHANI Twarit model vehicles were dispatched to the J&K police. The unit has also supplied composites for mine-proof vehicles to AVNL's- (Armoured Vehicle Nigam Limited), Vehicle Factory, Jabalpur. During the year 2022-23, MIDHANI launched heavy forging slabs measuring 127 (T) x 590 (W) x 900 (L) mm; launched forged bars of Hastelloy-X; developed a high-performance alloy, comprising Nickel- Chromium- MolybdenumTitanium, specifically designed for the Indian Molten Salt Breeder Reactor (IMSBR); achieved indigenous bulk production of High-Pressure Compressor (HPC) discs using Titanium alloy TITAN26A.

Mishra Dhatu Nigam Ltd News Hub

News

Mishra Dhatu Nigam revises board meeting date

Mishra Dhatu Nigam has revised the meeting of the Board of Directors which was scheduled t...

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23 May 202411:33

News

Mishra Dhatu Nigam to hold board meeting

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 28 May ...

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20 May 202417:15

News

Mishra Dhatu Nigam to acquire 20% stake in JV co

Mishra Dhatu Nigam announced that a joint venture agreement o incorporate a Section 8 Comp...

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07 May 202417:06

News

Board of Mishra Dhatu Nigam recommends interim dividend

Mishra Dhatu Nigam announced that the Board of Directors of the Company at its meeting hel...

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14 Mar 202415:09

News

Mishra Dhatu Nigam announces board meeting date

Mishra Dhatu Nigam will hold a meeting of the Board of Directors of the Company on 14 Marc...

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06 Mar 202418:55

News

Mishra Dhatu Nigam, BEML and Bharat Electronics ink MoU

Mishra Dhatu Nigam; BEML; and Bharat Electronics signed tripartite Memorandum of Understan...

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05 Mar 202416:21

FAQs for dividends of Mishra Dhatu Nigam Ltd

What is the current market price of Mishra Dhatu Nigam Ltd Ltd as of July 12, 2024?

The current market price of Mishra Dhatu Nigam Ltd Ltd stands at 524.3 per share.

What dividend did Mishra Dhatu Nigam Ltd declare in the last fiscal year?

In the last fiscal year, Mishra Dhatu Nigam Ltd declared a dividend totaling ₹1.4.

What is the most recent dividend declared by Mishra Dhatu Nigam Ltd?

Mishra Dhatu Nigam Ltd recently declared a dividend of 1.4 in the latest quarter

How many times has Mishra Dhatu Nigam Ltd declared dividends in the current fiscal year

Mishra Dhatu Nigam Ltd has declared dividends 4 times totaling ₹1 in the current fiscal year (FY2023-2024).

How many times did Mishra Dhatu Nigam Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Mishra Dhatu Nigam Ltd declared dividends 4 times totaling ₹0.
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