Mishra Dhatu Nigam Bags ₹306 Crore Contract: Order Book Rises Over ₹2,000 Crore

Mishra Dhatu Nigam Ltd (MIDHANI), a government-owned producer of metals and alloys, has received a new order worth ₹306 crore. With this addition, the company’s total open order book now stands at around ₹2,212 crore, as mentioned in its latest exchange filing.

Order Details

The company has not disclosed specifics of the new order. MIDHANI supplies special metals and alloys used in defence, aerospace, and other strategic industries. The order adds to the list of contracts the firm has secured over the past few months, showing business activity in its core sectors.

MIDHANI Q1FY26 Earnings Results

In the first quarter of FY26, MIDHANI reported a profit after tax of ₹12.96 crore, up from ₹5.3 crore in the same quarter last year. Revenue for the quarter rose to ₹170.5 crore, a 4% increase year-on-year. 

The company’s EBITDA stood at ₹34.18 crore, up 46%, with operating margins improving to 20.05% compared to 14.28% a year earlier. Finance costs declined to ₹6.17 crore, and other income was slightly lower at ₹7.11 crore versus ₹7.77 crore in the previous year.

Sector and Exports

According to company statements made earlier this year, MIDHANI expects higher orders in FY26, especially from the Naval and Aerospace divisions. The company began exporting about three years ago and has since received increasing orders from major global clients, including Boeing, Airbus, and GE. These exports have added to its overall order pipeline.

Read More: Saatvik Green Energy Bags ₹639 Crore Solar Module Orders from Power Producers!

MIDHANI Share Price Performance 

As of October 15, 2025, 10:32 AM, Mishra Dhatu Nigam Ltd (MIDHANI) share price was trading at ₹383, a 1.34% increase from the previous close.

Conclusion

With the new ₹306 crore order, MIDHANI’s total order book has reached ₹2,212 crore. The company continues to focus on fulfilling existing contracts and handling new projects in the defence and aerospace materials space.

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