Mishra Dhatu Nigam Limited (NSE:MIDHANI)

Mishra Dhatu Nigam Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	10,653	10,741	10,727	8,719	8,595	8,132
Other Revenue	158.52	0.01	0.48	-	-	-
Revenue	10,811	10,741	10,727	8,719	8,595	8,132
Revenue Growth (YoY)	3.12%	0.13%	23.03%	1.45%	5.69%	14.08%
Cost of Revenue	4,226	4,472	4,671	1,802	2,045	2,221
Gross Profit	6,585	6,269	6,056	6,917	6,550	5,911
Selling, General & Admin	1,433	1,455	1,356	1,314	1,247	1,228
Other Operating Expenses	2,863	2,485	2,624	2,889	2,639	2,187
Operating Expenses	4,940	4,581	4,576	4,739	4,221	3,699
Operating Income	1,646	1,688	1,480	2,179	2,329	2,212
Interest Expense	-287.74	-294.48	-345.75	-257.32	-215	-119.95
Interest & Investment Income	-	72.02	55.18	58.97	154.84	42.99
Earnings From Equity Investments	7.52	7.69	5.19	3.88	3.1	1.31
Currency Exchange Gain (Loss)	-	-16.1	-7.56	-13	4.01	-1.6
Other Non Operating Income (Expenses)	302.63	61.79	72.67	129.21	76.53	46.42
EBT Excluding Unusual Items	1,668	1,518	1,260	2,100	2,353	2,181
Gain (Loss) on Sale of Assets	-	0.59	-	0.01	0.02	0.12
Asset Writedown	-	-	-2.56	-0.47	-1.1	-1.75
Other Unusual Items	-	49.03	57.78	69.58	42.84	82.54
Pretax Income	1,668	1,568	1,315	2,169	2,394	2,262
Income Tax Expense	483.15	459.7	396.96	606.73	628.12	598.02
Net Income	1,185	1,108	917.82	1,563	1,766	1,664
Net Income to Common	1,185	1,108	917.82	1,563	1,766	1,664
Net Income Growth	51.23%	20.76%	-41.27%	-11.52%	6.13%	5.26%
Shares Outstanding (Basic)	187	187	187	187	187	187
Shares Outstanding (Diluted)	187	187	187	187	187	187
EPS (Basic)	6.34	5.92	4.90	8.34	9.43	8.88
EPS (Diluted)	6.34	5.92	4.90	8.34	9.43	8.88
EPS Growth	51.91%	20.76%	-41.26%	-11.54%	6.17%	5.22%
Free Cash Flow	-	1,493	1,366	-1,083	-853.74	167.91
Free Cash Flow Per Share	-	7.97	7.29	-5.78	-4.56	0.90
Dividend Per Share	-	0.750	1.410	3.350	3.100	2.780
Dividend Growth	-	-46.81%	-57.91%	8.06%	11.51%	8.59%
Gross Margin	60.91%	58.36%	56.45%	79.33%	76.21%	72.69%
Operating Margin	15.22%	15.71%	13.79%	24.98%	27.10%	27.20%
Profit Margin	10.96%	10.32%	8.56%	17.92%	20.55%	20.46%
Free Cash Flow Margin	-	13.90%	12.73%	-12.42%	-9.93%	2.07%
EBITDA	2,328	2,181	1,925	2,572	2,598	2,479
EBITDA Margin	21.54%	20.30%	17.94%	29.50%	30.22%	30.49%
D&A For EBITDA	682.34	493.2	444.69	393.81	268.55	267.29
EBIT	1,646	1,688	1,480	2,179	2,329	2,212
EBIT Margin	15.22%	15.71%	13.79%	24.98%	27.10%	27.20%
Effective Tax Rate	28.96%	29.32%	30.19%	27.97%	26.23%	26.43%
Revenue as Reported	11,114	11,050	11,026	9,097	8,908	8,331
Advertising Expenses	-	25.81	11.49	48.3	15.43	12.27

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.