Mishra Dhatu Nigam Limited

NSE:MIDHANI India Steel
Market Cap
$691.79 Million
₹59.91 Billion INR
Market Cap Rank
#15568 Global
#692 in India
Share Price
₹319.80
Change (1 day)
-3.76%
52-Week Range
₹258.40 - ₹463.60
All Time High
₹531.15
About

Mishra Dhatu Nigam Limited manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally. The company provides special steels, including martensitic, special, austenitic, and precipitation hardening steels for use in aerospace, power generation, nuclear, defence, cryogenic, and other general engineering industries. It also offers nicke… Read more

Market Cap & Net Worth: Mishra Dhatu Nigam Limited (MIDHANI)

Mishra Dhatu Nigam Limited (NSE:MIDHANI) has a market capitalization of $691.79 Million (₹59.91 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #15568 globally and #692 in its home market, demonstrating a -6.94% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Mishra Dhatu Nigam Limited's stock price ₹319.80 by its total outstanding shares 187340000 (187.34 Million).

Mishra Dhatu Nigam Limited Market Cap History: 2018 to 2026

Mishra Dhatu Nigam Limited's market capitalization history from 2018 to 2026. Data shows growth from $267.66 Million to $691.79 Million (18.64% CAGR).

Index Memberships

Mishra Dhatu Nigam Limited is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY MICROCAP 250
NIFTYMICROCAP250
$68.11 Billion 0.26% #114 of 250
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$1.32 Trillion 0.01% #538 of 750

Weight: Mishra Dhatu Nigam Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Mishra Dhatu Nigam Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Mishra Dhatu Nigam Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.07x

Mishra Dhatu Nigam Limited's market cap is 0.07 times its annual revenue

Industry average:
0.02x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

0.67x

Mishra Dhatu Nigam Limited's market cap is 0.67 times its annual earnings

Industry average:
0.25x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2018 $267.66 Million $6.62 Billion $1.31 Billion 0.04x 0.20x
2019 $318.42 Million $7.11 Billion $1.31 Billion 0.04x 0.24x
2020 $412.92 Million $7.13 Billion $1.58 Billion 0.06x 0.26x
2021 $379.05 Million $8.13 Billion $1.66 Billion 0.05x 0.23x
2022 $461.53 Million $8.59 Billion $1.77 Billion 0.05x 0.26x
2023 $901.07 Million $8.72 Billion $1.56 Billion 0.10x 0.58x
2024 $729.86 Million $10.73 Billion $917.82 Million 0.07x 0.80x
2025 $742.95 Million $10.74 Billion $1.11 Billion 0.07x 0.67x

Competitor Companies of MIDHANI by Market Capitalization

Companies near Mishra Dhatu Nigam Limited in the global market cap rankings as of March 18, 2026.

Key companies related to Mishra Dhatu Nigam Limited by market ranking:

  • Nucor Corp (NYSE:NUE): Ranked #593 globally with a market cap of $35.76 Billion USD.
  • Steel Dynamics Inc (NASDAQ:STLD): Ranked #839 globally with a market cap of $23.47 Billion USD.
  • Nippon Steel Corporation (PINK:NISTF): Ranked #985 globally with a market cap of $19.91 Billion USD.
  • Reliance Steel & Aluminum Co (NYSE:RS): Ranked #1207 globally with a market cap of $15.56 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#593 Nucor Corp NYSE:NUE $35.76 Billion $162.08
#839 Steel Dynamics Inc NASDAQ:STLD $23.47 Billion $172.63
#985 Nippon Steel Corporation PINK:NISTF $19.91 Billion $19.62
#1207 Reliance Steel & Aluminum Co NYSE:RS $15.56 Billion $299.04

Mishra Dhatu Nigam Limited Historical Marketcap From 2018 to 2026

Between 2018 and today, Mishra Dhatu Nigam Limited's market cap moved from $267.66 Million to $ 691.79 Million, with a yearly change of 18.64%.

Year Market Cap Change (%)
2026 ₹691.79 Million -6.89%
2025 ₹742.95 Million +1.79%
2024 ₹729.86 Million -19.00%
2023 ₹901.07 Million +95.24%
2022 ₹461.53 Million +21.76%
2021 ₹379.05 Million -8.20%
2020 ₹412.92 Million +29.68%
2019 ₹318.42 Million +18.96%
2018 ₹267.66 Million --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Mishra Dhatu Nigam Limited was reported to be:

Source Market Cap
Yahoo Finance $691.79 Million USD
MoneyControl $691.79 Million USD
MarketWatch $691.79 Million USD
marketcap.company $691.79 Million USD
Reuters $691.79 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.