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Mishra Dhatu NigamNSE:MIDHANI +0.38%81 Days Inventory is 397.82 as of Mar. 2026, which is 61% below its 10-year median of 1,007.24. GuruFocus rates NSE:MIDHANI with a GF Score™ of 81/100 and a GF Value™ of ₹466.48 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 582 Steel companies, Mishra Dhatu Nigam ranks worse than 98.97% on this metric.
The historical rank and industry rank for Mishra Dhatu Nigam's Days Inventory or its related term are showing as below:
NSE:MIDHANI'
s Days Inventory Range Over the Past 10 Years
Min: 295.29 Med: 1007.24 Max: 1944.05
Current: 947.84
During the past 13 years, Mishra Dhatu Nigam's highest Days Inventory was 1944.05. The lowest was 295.29. And the median was 1007.24.
NSE:MIDHANI's Days Inventory is ranked worse than 98.97% of 582
companies
in the Steel industry
Industry Median: 86.57
vs NSE:MIDHANI: 947.84
Mishra Dhatu Nigam's Days Inventory
declined
from Mar. 2025 (608.05) to Mar. 2026 (397.82).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mishra Dhatu Nigam's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.23.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Mishra Dhatu Nigam's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.51.
Mishra Dhatu Nigam (NSE:MIDHANI) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Mishra Dhatu Nigam's Inventory Turnover for the
three
months ended in Mar. 2026 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Mishra Dhatu Nigam's Inventory to Revenue for the
three
months ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Mishra Dhatu Nigam Days Inventory Related Terms
Mishra Dhatu Nigam Days Inventory Historical Data
* Premium members only.
The historical data trend for Mishra Dhatu Nigam's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:MIDHANI vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Mishra Dhatu Nigam's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mishra Dhatu Nigam Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mishra Dhatu Nigam's Days Inventory falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mishra Dhatu Nigam (NSE:MIDHANI) has a Days Inventory of 397.82 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mishra Dhatu Nigam and its competitors. This is 61% below median its historical median of 1,007.24. Over the past decade, Mishra Dhatu Nigam's Days Inventory has ranged from 295.29 to 1,944.05. According to the industry distribution chart, Mishra Dhatu Nigam ranks #576 out of 582 companies in the Steel industry, placing it in the top 99%.
Is Mishra Dhatu Nigam's Days Inventory too high?
Mishra Dhatu Nigam's current Days Inventory of 397.82 is 61% below median its 10-year median of 1,007.24. Over the past 10 years, this metric has ranged from a low of 295.29 to a high of 1,944.05. The Steel industry median Days Inventory is 86.57. Mishra Dhatu Nigam's value of 397.82 is 359.5% above this industry median. Based on the distribution chart, Mishra Dhatu Nigam ranks #576 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mishra Dhatu Nigam has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mishra Dhatu Nigam's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Mishra Dhatu Nigam ranks #576 out of 582 companies for Days Inventory. This places Mishra Dhatu Nigam in the lower half of its industry. The industry median Days Inventory is 86.57. Mishra Dhatu Nigam's value of 397.82 is 359.5% above this benchmark. Historically, Mishra Dhatu Nigam's own Days Inventory has ranged from 295.29 to 1,944.05 over the past decade. While the company's 10-year median is 1,007.24 vs. the industry median of 86.57, Mishra Dhatu Nigam has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mishra Dhatu Nigam's current Days Inventory of 397.82 is 359.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mishra Dhatu Nigam and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mishra Dhatu Nigam's current Days Inventory is 397.82, which is 61% below median its own 10-year median of 1,007.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mishra Dhatu Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mishra Dhatu Nigam (NSE:MIDHANI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹466.48, compared to a current price of ₹411.10 — trading 11.9% below its estimated fair value. The current Days Inventory is 397.82, which is 61% below median its 10-year median of 1,007.24 and 359.5% above the Steel industry median of 86.57. Mishra Dhatu Nigam's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Mishra Dhatu Nigam (NSE:MIDHANI), the current Days Inventory is 397.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mishra Dhatu Nigam (NSE:MIDHANI) Overvalued in 2026?
Based on GuruFocus' analysis, Mishra Dhatu Nigam stock appears to be undervalued.
The current stock price of ₹411.10 is trading 11.9% below its estimated GF Value™ of ₹466.48.
GuruFocus considers Mishra Dhatu Nigam to be Modestly Undervalued.
Key valuation signals for NSE:MIDHANI:
Days Inventory: 397.82 (61% below median its 10-year median of 1,007.24)
GF Value™: ₹466.48 vs. price of ₹411.10 (11.9% below fair value)
Industry Position: 359.5% above the Steel median (#576 of 582)
No single metric tells the full story. See the NSE:MIDHANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing superalloys, titanium, special purpose steel, and other special metals. Its product portfolio includes titanium and titanium alloys, special steel, fasteners, investment castings, open-die forgings, and others. Geographically, the company caters to both Indian and international markets, of which, a majority of its revenue is derived from its business in India.
81GF Score
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