Q2 2026 Mishra Dhatu Nigam Ltd Earnings Call Transcript

Nov 13, 2025 / 04:30 AM GMT

Release Date Price: ₹364.95 (-4.55%)

Transcript

Key Points

Positve

Mishra Dhatu Nigam Ltd (NSE:MIDHANI) reported a robust order book position of 2,220 crore, providing strong visibility for future growth.
The company has signed a Memorandum of Understanding (MOU) for creating a Metal Bank to ensure uninterrupted production and supply, which is crucial for strategic projects.
MIDHANI has entered into an MOU for a new bulletproof jacket technology, which is expected to significantly increase future orders.
The company is targeting a revenue of 1,300 crore for FY26, with a focus on executing high-value titanium and superalloy orders.
MIDHANI is actively working on expanding its export market, with plans to achieve 100-150 crore in exports annually, supported by upcoming NADCAP certification.

Negative

The company experienced a decrease in revenue for the second quarter, attributed to delays in order execution and increased inventory levels.
There are supply chain disruptions affecting the import of raw materials, impacting the company's ability to fulfill certain orders.
MIDHANI's growth target of 10% annually is considered conservative given the potential in the defense and aerospace sectors.
The company faces infrastructure limitations that could hinder its ability to scale up production and meet higher demand.
There is a significant reliance on imported raw materials, which poses a risk due to geopolitical uncertainties and supply chain issues.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MISR.NS - Mishra Dhatu Nigam Ltd
Q2 2026 Mishra Dhatu Nigam Ltd Earnings Call
Nov 14, 2025 / 04:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to Midhani Q2 FY26 earnings conference call hosted by ICIA Securities Limited. As a reminder, all participant lines will be in listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing and 0 on your touchstone telephone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Vikas Singh, for thank you and over to you, sir.

--------------------------------------------------------------------------------
Unidentified_2 [2]
------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.