Mishra Dhatu Nigam (NSE:MIDHANI) Dividend Payout Ratio: 0.20 (As of Mar. 2026) — 38% Below Median

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NSE:MIDHANI Mishra Dhatu Nigam Ltd NSE:MIDHANI
82 GF Score
Price ₹416.70
GF Value ₹464.85
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mishra Dhatu Nigam Dividend Payout Ratio?

Mishra Dhatu Nigam NSE:MIDHANI +1.05% 82 Dividend Payout Ratio is 0.20 as of Mar. 2026, which is 38% below its 10-year median of 0.32. GuruFocus rates NSE:MIDHANI with a GF Score™ of 82/100 and a GF Value™ of ₹464.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 269 Steel companies, Mishra Dhatu Nigam ranks better than 84.39% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Mishra Dhatu Nigam's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.20.

The historical rank and industry rank for Mishra Dhatu Nigam's Dividend Payout Ratio or its related term are showing as below:

NSE:MIDHANI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.32   Max: 0.62
Current: 0.12

During the past 13 years, the highest Dividend Payout Ratio of Mishra Dhatu Nigam was 0.62. The lowest was 0.12. And the median was 0.32.

NSE:MIDHANI's Dividend Payout Ratio is ranked better than
84.39% of 269 companies
in the Steel industry
Industry Median: 0.39 vs NSE:MIDHANI: 0.12

As of today (2026-07-15), the Dividend Yield % of Mishra Dhatu Nigam is 0.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mishra Dhatu Nigam was 3.40%. The lowest was 0.17%. And the median was 1.28%.

Mishra Dhatu Nigam's Dividends per Share for the months ended in Mar. 2026 was ₹0.85.

During the past 12 months, Mishra Dhatu Nigam's average Dividends Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -35.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -25.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mishra Dhatu Nigam was 28.70% per year. The lowest was -38.00% per year. And the median was -6.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Mishra Dhatu Nigam (NSE:MIDHANI) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mishra Dhatu Nigam Dividend Payout Ratio Related Terms

Mishra Dhatu Nigam Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mishra Dhatu Nigam's Dividend Payout Ratio 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.

Mishra Dhatu Nigam Dividend Payout Ratio Chart

Mishra Dhatu Nigam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.39 0.62 0.13 0.12

Mishra Dhatu Nigam Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.00 0.00 0.00 0.20

NSE:MIDHANI vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, Mishra Dhatu Nigam's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mishra Dhatu Nigam's Dividend Payout Ratio falls into.


NSE:MIDHANI
82GF Score
Mishra Dhatu Nigam Ltd NSE:MIDHANI
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mishra Dhatu Nigam Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Mishra Dhatu Nigam's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.85/ 7.02
=0.12

Mishra Dhatu Nigam's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.85/ 4.16
=0.20

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.20 mean?
Mishra Dhatu Nigam (NSE:MIDHANI) has a Dividend Payout Ratio of 0.20 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mishra Dhatu Nigam and its competitors. This is 38% below median its historical median of 0.32. Over the past decade, Mishra Dhatu Nigam's Dividend Payout Ratio has ranged from 0.12 to 0.62. According to the industry distribution chart, Mishra Dhatu Nigam ranks #42 out of 269 companies in the Steel industry, placing it in the top 15.6%.
Is Mishra Dhatu Nigam's Dividend Payout Ratio too high?
Mishra Dhatu Nigam's current Dividend Payout Ratio of 0.20 is 38% below median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.62. The Steel industry median Dividend Payout Ratio is 0.39. Mishra Dhatu Nigam's value of 0.20 is 48.7% below this industry median. Based on the distribution chart, Mishra Dhatu Nigam ranks #42 out of 269 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mishra Dhatu Nigam has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mishra Dhatu Nigam's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mishra Dhatu Nigam ranks #42 out of 269 companies for Dividend Payout Ratio. This places Mishra Dhatu Nigam in the top 16% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Mishra Dhatu Nigam's value of 0.20 is 48.7% below this benchmark. Historically, Mishra Dhatu Nigam's own Dividend Payout Ratio has ranged from 0.12 to 0.62 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.39, Mishra Dhatu Nigam has consistently been below 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 Dividend Payout Ratio for a Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, based on 269 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mishra Dhatu Nigam's current Dividend Payout Ratio of 0.20 is 48.7% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mishra Dhatu Nigam and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mishra Dhatu Nigam's current Dividend Payout Ratio is 0.20, which is 38% below median its own 10-year median of 0.32. 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 ₹464.85, compared to a current price of ₹416.70 — trading 10.4% below its estimated fair value. The current Dividend Payout Ratio is 0.20, which is 38% below median its 10-year median of 0.32 and 48.7% below the Steel industry median of 0.39. Mishra Dhatu Nigam's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Mishra Dhatu Nigam (NSE:MIDHANI), the current Dividend Payout Ratio is 0.20 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 ₹416.70 is trading 10.4% below its estimated GF Value™ of ₹464.85. GuruFocus considers Mishra Dhatu Nigam to be Modestly Undervalued.

Key valuation signals for NSE:MIDHANI:

  • Dividend Payout Ratio: 0.20 (38% below median its 10-year median of 0.32)
  • GF Value™: ₹464.85 vs. price of ₹416.70 (10.4% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 48.7% below the Steel median (#42 of 269)

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 Business Description

Other Exchanges 541195:India
Address P.O. Kanchanbagh, Hyderabad, TG, IND, 500058
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.
82GF Score

Get the complete analysis for NSE:MIDHANI

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹416.70
Price
₹464.85
GF Value