Mishra Dhatu Nigam Limited has informed the Exchange regarding a press release dated March 31, 2026, titled "Press Release titled MIDHANI achieves highest ever sales amid supply chain disruptions ".
MIDHANI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MIDHANI reported record sales of ₹1,206 crore in FY 2025-26 (provisional and unaudited), a 12% year-on-year jump from ₹1,074 crore in the previous year, despite geopolitical disruptions affecting raw material supply. Export orders worth ₹85 crore were successfully executed during the year. Key growth came from superalloys and titanium alloys for indigenous aero-engine programs, plus performance-critical materials supplied to the Indian Navy and space sector. Notable milestones include 40% YoY rise in titanium production, CEMILAC and NADCAP certifications, and a strategic shift from being a raw material supplier to an integrated product company. The firm also secured technology transfer from IIT Delhi for ABHED bullet-proof jackets and signed an MoU to set up a Metal Bank for critical raw materials.
Record-high revenue signals strong demand and execution capability, likely to be viewed positively by investors. Diversification into new segments like aerospace fasteners, bullet-proof jackets, and a Metal Bank for raw material security could support future growth, though sales figures remain provisional and unaudited.