Mishra Dhatu Nigam Limited (MIDHANI) has announced its financial results for the fiscal year 2025-26, reporting a record revenue of ₹1,208.63 crore. This represents a 12.52% year-on-year growth. The company also achieved its highest-ever Value of Production and EBITDA, demonstrating strong financial performance across its strategic sectors including Defence, Aerospace, and Energy.
MIDHANI Achieves Record Financial Performance in FY 2025-26
Mishra Dhatu Nigam Limited (MIDHANI) has declared its financial results for the fiscal year ended March 31, 2026, marking a landmark year with unprecedented financial strength and significant contributions to India’s strategic sectors. The company reported a record revenue of ₹1,20,862.59 lakh (₹1,208.63 crore) for FY 2025-26, achieving a year-on-year growth of 12.52% over the previous year’s revenue of ₹1,07,410.15 lakh.
Key Financial Highlights
The company’s performance highlights include:
- Highest Ever Revenue: ₹1,20,862.59 lakh, a 12.52% YoY growth.
- Value of Production (VoP): ₹1,19,391.98 lakh, a 12.04% YoY growth.
- EBITDA: ₹27,558.83 lakh, reflecting a 10.69% YoY growth.
- Profit Before Tax (PBT): ₹18,409.40 lakh, a growth of 17.98%.
- Profit After Tax (PAT): ₹13,078.62 lakh, an increase of 18.82% YoY.
These achievements were realized despite geopolitical uncertainties and supply-chain disruptions, reflecting the company’s strong operations, disciplined execution, and sustained focus on creating value.
Operational Performance and Strategic Contributions
During the year, MIDHANI further strengthened its position as a strategic materials partner to key sectors. The company increased the production of titanium alloys, nearly doubling it to approximately 700 MT. It also expanded the supply of superalloys and other critical materials for indigenous aero-engine programs. A significant technological milestone was the development of cast single-crystal superalloy material for aero-engine blades for the first time, an achievement widely regarded as highly demanding in metallurgy. The material successfully passed all customer-mandated tests.
Beyond aerospace, MIDHANI completed its first commercial rolling order for a 7000-series Aluminium alloy and advanced testing for ABHED bulletproof jackets. The company also commenced operations at its spring plant. Notably, MIDHANI delivered 31 specially engineered titanium windows for the Shri Ram Janmabhoomi Mandir in Ayodhya, marking a significant contribution that showcased titanium’s versatility beyond strategic sectors.
Source: BSE
