Mishra Dhatu Nigam (NSE:MIDHANI) 3-Year RORE % : 16.21% (As of Mar. 2026)

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NSE:MIDHANI Mishra Dhatu Nigam Ltd NSE:MIDHANI
81 GF Score
Price ₹412.60
GF Value ₹469.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mishra Dhatu Nigam 3-Year RORE %?

Mishra Dhatu Nigam NSE:MIDHANI +2.22% 81 3-Year RORE % is 16.21 as of Mar. 2026. GuruFocus rates NSE:MIDHANI with a GF Score™ of 81/100 and a GF Value™ of ₹469.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 598 Steel companies, Mishra Dhatu Nigam ranks better than 65.89% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Mishra Dhatu Nigam's 3-Year RORE % for the quarter that ended in Mar. 2026 was 16.21%.

The industry rank for Mishra Dhatu Nigam's 3-Year RORE % or its related term are showing as below:

NSE:MIDHANI's 3-Year RORE % is ranked better than
65.89% of 598 companies
in the Steel industry
Industry Median: -0.09 vs NSE:MIDHANI: 16.21

Mishra Dhatu Nigam  (NSE:MIDHANI) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Mishra Dhatu Nigam 3-Year RORE % Related Terms


Mishra Dhatu Nigam 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Mishra Dhatu Nigam's 3-Year RORE % 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 3-Year RORE % Chart

Mishra Dhatu Nigam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.12 -3.08 -34.34 -20.10 16.21

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
3-Year RORE % 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 -20.10 -17.50 -13.04 -0.86 16.21

NSE:MIDHANI vs NUE, STLD, RS: 3-Year RORE % Comparison

For the Steel subindustry, Mishra Dhatu Nigam's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Steel Industry

For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Mishra Dhatu Nigam's 3-Year RORE % falls into.


NSE:MIDHANI
81GF Score
Mishra Dhatu Nigam Ltd NSE:MIDHANI
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mishra Dhatu Nigam 3-Year RORE % Calculation

Mishra Dhatu Nigam's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 7.02-4.89 )/( 17.82-4.68 )
=2.13/13.14
=16.21 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 16.21 mean?
Mishra Dhatu Nigam (NSE:MIDHANI) has a 3-Year RORE % of 16.21 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Mishra Dhatu Nigam and its competitors. According to the industry distribution chart, Mishra Dhatu Nigam ranks #204 out of 598 companies in the Steel industry, placing it in the top 34.1%.
Is Mishra Dhatu Nigam's 3-Year RORE % too high?
Mishra Dhatu Nigam's current 3-Year RORE % is 16.21. Based on the distribution chart, Mishra Dhatu Nigam ranks #204 out of 598 companies in the Steel industry, which is above the industry midpoint. 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 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Mishra Dhatu Nigam ranks #204 out of 598 companies for 3-Year RORE %. This puts Mishra Dhatu Nigam in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
A good 3-Year RORE % depends on the Steel industry context. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Mishra Dhatu Nigam and its competitors. Mishra Dhatu Nigam's current 3-Year RORE % is 16.21. 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 ₹469.52, compared to a current price of ₹412.60 — trading 12.1% below its estimated fair value. The current 3-Year RORE % is 16.21. Mishra Dhatu Nigam's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Mishra Dhatu Nigam (NSE:MIDHANI), the current 3-Year RORE % is 16.21 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 ₹412.60 is trading 12.1% below its estimated GF Value™ of ₹469.52. GuruFocus considers Mishra Dhatu Nigam to be Modestly Undervalued.

Key valuation signals for NSE:MIDHANI:

  • 3-Year RORE %: 16.21
  • GF Value™: ₹469.52 vs. price of ₹412.60 (12.1% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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.
81GF Score

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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹412.60
Price
₹469.52
GF Value