Mishra Dhatu Nigam Limited Reports Record Sales in FY 2025-26
Mishra Dhatu Nigam Limited (MIDHANI) announced record-breaking performance for the fiscal year 2025-26, achieving its highest-ever sales of ₹ 1,206 crore (provisional and unaudited). This represents a 12% year-on-year growth compared to the previous year's ₹ 1,074 crore, and includes ₹ 85 crore (provisional and unaudited) in successful export orders.Despite significant geopolitical disruptions impacting raw material supply chains, strategic planning enabled MIDHANI to mitigate production impacts. Key drivers of this growth included the supply of Superalloys and Titanium alloys for indigenous aero-engine programs, along with performance-critical materials for the Indian Navy and Indian space sectors. Notable deliveries encompassed nickel-based single crystal cast sticks and wrought superalloy bars and rolled rings for aerospace, as well as high-strength low-alloy steels for naval applications.
Key Achievements in FY 2025-26:
- Received CEMILAC certification for 10 types of superalloy castings & bars.
- Received NADCAP certification for heat treating processes.
- Increased Titanium production by approximately 40% year-on-year.
- Supplied 31 Titanium alloy windows for Shri Ram Mandir, Ayodhya, marking the first architectural use of Titanium in India.
- Supplied approximately 90 tons of armour steel for Republic Day Presidential Dais.
- Transitioned from a raw material supplier to an integrated product company.
- Expanded into new areas, including aerospace fasteners, superalloy/titanium castings, welding consumables, and titanium fabricated structures.
MIDHANI also successfully completed the up-armouring of vehicles for various state police forces, meeting side mine blast proof requirements for light motor vehicles. The company obtained technology transfer from IIT Delhi for the manufacture of ABHED bulletproof jackets, recognized as one of the world's lightest BIS level 6 for API protection. Furthermore, a Memorandum of Understanding (MoU) was signed with stakeholders to establish a Metal Bank at MIDHANI, aiming to ensure a consistent supply of critical raw materials for national defense projects.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.