Mishra Dhatu Nigam Limited
MIDHANI
Rank in Stocks
#9789
Mishra Dhatu Nigam Limited (MIDHANI), an Indian enterprise founded in Hyderabad... Mishra Dhatu Nigam Limited (MIDHANI), an Indian enterprise founded in Hyderabad in 1973, is a leading manufacturer and supplier of advanced metallic materials. The company's diverse product range encompasses superalloys, titanium, specialized steels, and various other high-performance metals. MIDHANI provides a comprehensive selection of special steel grades, including high-strength, austenitic, armour, maraging, and precipitation-hardening martensitic stainless steels, which are vital for aerospace and defense sector applications. Additionally, it produces nickel, iron, and cobalt-based superalloys that are indispensable across critical industries such as aeronautics, space exploration, nuclear power, chemical processing, petrochemicals, power generation, and high-temperature furnace operations. The company's offerings further extend to titanium and its alloys, soft magnetic alloys, controlled expansion alloys, heat-resistant alloys, specific-purpose alloys, and refractory metals. These advanced materials are available in various forms, including bars (standard, bright, and fine wire), hot and cold rolled sheets, strips, and open die forged products. Complementing its core metal production, MIDHANI also supplies specialized weld consumables, industrial fasteners, biomedical implants, and protective armour solutions.
Share Price
$4.21
Last synced: 2026-11-09
Market Cap
$788.97M
Change (1 day)
4.85%
Change (1 year)
-2.93%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Mishra Dhatu Nigam Limited (MIDHANI)
Category
Basic Materials
Operating Margin for Mishra Dhatu Nigam Limited (MIDHANI)
Operating Margin as of November 2026 TTM: 13.58%
According to Mishra Dhatu Nigam Limited's latest financial reports, its current operating margin (TTM) is 13.58%. At the end of 2025 the company had an operating margin of 15.00%.
Operating Margin history for Mishra Dhatu Nigam Limited from 2013 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 13.58% | -9.47% |
| 2025 | 15.00% | -65.69% |
| 2024 | 43.72% | 73.63% |
| 2023 | 25.18% | -7.63% |
| 2022 | 27.26% | -0.73% |
| 2021 | 27.46% | 11.58% |
| 2020 | 24.61% | 4.32% |
| 2019 | 23.59% | -12.30% |
| 2018 | 26.90% | 20.84% |
| 2017 | 22.26% | 12.82% |
| 2016 | 19.73% | 5.06% |
| 2015 | 18.78% | 1.08% |
| 2014 | 18.58% | 1.70% |
| 2013 | 18.27% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 13.25% | -99.02% |
US
|
|
| 4.26% | -99.69% |
LU
|
|
| 13.00% | -99.04% |
IN
|
|
| 12.02% | -99.11% |
US
|
|
| 19.95% | -98.53% |
IN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Mishra Dhatu Nigam Limited's operating margin
What is Mishra Dhatu Nigam Limited's operating margin?
Mishra Dhatu Nigam Limited's operating margin is 13.58%, as of Nov 2026.
What was Mishra Dhatu Nigam Limited's operating margin in 2025?
In 2025, Mishra Dhatu Nigam Limited's operating margin was 15.00%, compared with 43.72% in 2024.
How has Mishra Dhatu Nigam Limited's operating margin changed since 2020?
From 2020 to 2025, Mishra Dhatu Nigam Limited's operating margin was highest in 2024 (43.72%) and lowest in 2025 (15.00%).
How does Mishra Dhatu Nigam Limited's operating margin compare with similar companies?
Mishra Dhatu Nigam Limited's operating margin (13.58%) is higher than that of 4 of the 5 similar companies listed above. The highest among them is Tata Steel Limited, with 19.95%.