Univest
Univest
  • Markets

IMFA vs Nava vs Midhani: Which Stock Should You Track

  • October 5, 2026
  • Posted by: Ankit Jaiswal
  • Category: Market
No Comments
IMFA vs Nava vs Midhani: Which Stock Should You Track

Indian Metals and Ferro Alloys PE 12.07, mkt cap Rs 6,335 crore. Nava PE 16.09, mkt cap Rs 15,646 crore. Mishra Dhatu Nigam PE 60.42, mkt cap Rs 8,116 crore.

Quick Answer

Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam is a side-by-side comparison of three companies from the Ferro Alloys, Metals and Defence Alloys space. On this comparison, Indian Metals and Ferro Alloys carries a market capitalisation of about Rs 6,335 crore against Rs 15,646 crore for Nava and Rs 8,116 crore for Mishra Dhatu Nigam, with return on equity of 15.61%, 9.00% and 8.54% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.

Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam starts with the core numbers most investors compare within the Ferro Alloys, Metals and Defence Alloys segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.

All three names sit in the Ferro Alloys, Metals and Defence Alloys bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.

Click Here – Get Free Investment Predictions

Table of Contents

Toggle
  • Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam: Company Overview
  • Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam: Valuation and Profitability Snapshot
  • Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam: Latest Quarterly Results
  • What Should Investors Look at Beyond These Numbers?
  • Conclusion
  • FAQs on Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam
    • What is the market cap difference between Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam?
    • Which of the three has the highest PE ratio?
    • Which of the three has the highest ROE?
    • Which of these three stocks pays the highest dividend yield?
    • What is the debt to equity ratio for Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam?
    • Which of the three trades at the highest price to book value?
    • Is one of Indian Metals and Ferro Alloys, Nava or Mishra Dhatu Nigam better than the others?

Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam: Company Overview

Indian Metals and Ferro Alloys is a listed Indian company in the Ferro Alloys, Metals and Defence Alloys space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Nava is a listed Indian company in the Ferro Alloys, Metals and Defence Alloys space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Mishra Dhatu Nigam is a listed Indian company in the Ferro Alloys, Metals and Defence Alloys space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam: Valuation and Profitability Snapshot

Metric Indian Metals and Ferro Alloys Nava Mishra Dhatu Nigam
Market Cap (approx.) Rs 6,335 crore Rs 15,646 crore Rs 8,116 crore
PE Ratio (TTM) 12.07 16.09 60.42
PB Ratio 2.33 1.79 5.30
Return on Equity (ROE) 15.61% 9.00% 8.54%
EPS (TTM, Rs) 97.26 34.32 7.17
Dividend Yield 1.06% 1.54% 0.48%
Debt to Equity 0.35 0.25 0.27
Book Value per Share (Rs) 503.67 308.68 81.71

Check the Univest Screener for Live Data

On valuation, Indian Metals and Ferro Alloys trades at a PE of 12.07 and a PB of 2.33, Nava at a PE of 16.09 and a PB of 1.79, while Mishra Dhatu Nigam trades at a PE of 60.42 and a PB of 5.30. On return on equity, the three post 15.61%, 9.00% and 8.54% respectively, and on dividend yield they stand at 1.06%, 1.54% and 0.48%.

Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam: Latest Quarterly Results

Company Latest Quarter Revenue Latest Quarter Net Profit YoY Change (Revenue) QoQ Change (Revenue)
Indian Metals and Ferro Alloys Rs 973.36 crore Rs 192.59 crore +46.7% +26.5%
Nava Rs 1,268.77 crore Rs 332.82 crore +2.9% +6.2%
Mishra Dhatu Nigam Rs 249.47 crore Rs 16.47 crore +40.5% -56.0%

Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.

Download the Univest iOS App or Univest Android App to track Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam live prices.

What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three ferro alloys, metals and defence alloys names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.

Conclusion

Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam highlights how differently three companies in the same ferro alloys, metals and defence alloys segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on Indian Metals and Ferro Alloys vs Nava vs Mishra Dhatu Nigam

What is the market cap difference between Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam?

Ans. As of September 2026, Indian Metals and Ferro Alloys has a market cap of approximately Rs 6,335 crore, Nava is at approximately Rs 15,646 crore, and Mishra Dhatu Nigam is at approximately Rs 8,116 crore.

Which of the three has the highest PE ratio?

Ans. Among Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam, the PE ratios stand at 12.07, 16.09 and 60.42 respectively as of September 2026.

Which of the three has the highest ROE?

Ans. Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam post ROE of 15.61%, 9.00% and 8.54% respectively as of September 2026.

Which of these three stocks pays the highest dividend yield?

Ans. Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam carry dividend yields of 1.06%, 1.54% and 0.48% respectively.

What is the debt to equity ratio for Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam?

Ans. Indian Metals and Ferro Alloys carries a debt to equity of 0.35, Nava of 0.25, and Mishra Dhatu Nigam of 0.27.

Which of the three trades at the highest price to book value?

Ans. Indian Metals and Ferro Alloys, Nava and Mishra Dhatu Nigam trade at price to book ratios of 2.33, 1.79 and 5.30 respectively.

Is one of Indian Metals and Ferro Alloys, Nava or Mishra Dhatu Nigam better than the others?

Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.



Ferro Alloys metals and defence alloys Stock Market
Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

Leave a Reply Cancel reply