{"id":76700,"date":"2026-04-24T17:42:38","date_gmt":"2026-04-24T12:12:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=76700"},"modified":"2026-04-24T17:42:39","modified_gmt":"2026-04-24T12:12:39","slug":"midhani-mishra-dhatu-nigam-q4-results-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/","title":{"rendered":"Midhani (Mishra Dhatu Nigam) Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook"},"content":{"rendered":"<p>Midhani (Mishra Dhatu Nigam) (MIDHANI) Q4 results for FY26 are expected in May 2026. With Q3 FY26 revenue of Rs 412 Cr and PAT of Rs 68 Cr as the base, the street is watching closely for margin trajectory and management guidance on FY27 demand.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Get Free SEBI-Registered Research on Midhani (Mishra Dhatu Nigam) \u00e2\u20ac\u201d Click Here<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Midhani_Mishra_Dhatu_Nigam_Q4_FY26_Earnings_Preview_aE%E2%80%9D_What_to_Expect\" title=\"Midhani (Mishra Dhatu Nigam) Q4 FY26 Earnings Preview \u00e2\u20ac\u201d What to Expect\">Midhani (Mishra Dhatu Nigam) Q4 FY26 Earnings Preview \u00e2\u20ac\u201d What to Expect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Midhani_Mishra_Dhatu_Nigam_Q4_Results_2026_aE%E2%80%9D_Date_and_Key_Estimates\" title=\"Midhani (Mishra Dhatu Nigam) Q4 Results 2026 \u00e2\u20ac\u201d Date and Key Estimates\">Midhani (Mishra Dhatu Nigam) Q4 Results 2026 \u00e2\u20ac\u201d Date and Key Estimates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#5_Reasons_Midhani_Mishra_Dhatu_Nigam_Q4_Results_Could_Beat_Estimates\" title=\"5 Reasons Midhani (Mishra Dhatu Nigam) Q4 Results Could Beat Estimates\">5 Reasons Midhani (Mishra Dhatu Nigam) Q4 Results Could Beat Estimates<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Strong_Domestic_Order_Pipeline\" title=\"Strong Domestic Order Pipeline\">Strong Domestic Order Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Defence_Export_Growth\" title=\"Defence Export Growth\">Defence Export Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Indigenisation_Mandates\" title=\"Indigenisation Mandates\">Indigenisation Mandates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Armed_Forces_Modernisation\" title=\"Armed Forces Modernisation\">Armed Forces Modernisation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Naval_Expansion_Programme\" title=\"Naval Expansion Programme\">Naval Expansion Programme<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#5_Key_Risks_to_Watch_in_Midhani_Mishra_Dhatu_Nigam_Q4_Results\" title=\"5 Key Risks to Watch in Midhani (Mishra Dhatu Nigam) Q4 Results\">5 Key Risks to Watch in Midhani (Mishra Dhatu Nigam) Q4 Results<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Execution_and_Delivery_Delays\" title=\"Execution and Delivery Delays\">Execution and Delivery Delays<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Defence_Budget_Variability\" title=\"Defence Budget Variability\">Defence Budget Variability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Technology_and_IP_Risk\" title=\"Technology and IP Risk\">Technology and IP Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Global_OEM_Competition\" title=\"Global OEM Competition\">Global OEM Competition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Long_Gestation_and_Working_Capital_Pressure\" title=\"Long Gestation and Working Capital Pressure\">Long Gestation and Working Capital Pressure<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Analyst_Ratings_and_Target_Price_for_Midhani_Mishra_Dhatu_Nigam\" title=\"Analyst Ratings and Target Price for Midhani (Mishra Dhatu Nigam)\">Analyst Ratings and Target Price for Midhani (Mishra Dhatu Nigam)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q4_Results_2026_Calendar_aE%E2%80%9D_Key_Dates_to_Track\" title=\"Q4 Results 2026 Calendar \u00e2\u20ac\u201d Key Dates to Track\">Q4 Results 2026 Calendar \u00e2\u20ac\u201d Key Dates to Track<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#How_to_Invest_in_Midhani_Mishra_Dhatu_Nigam_Based_on_Q4_Results\" title=\"How to Invest in Midhani (Mishra Dhatu Nigam) Based on Q4 Results\">How to Invest in Midhani (Mishra Dhatu Nigam) Based on Q4 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Frequently_Asked_Questions_aE%E2%80%9D_Midhani_Mishra_Dhatu_Nigam_Q4_Results_2026\" title=\"Frequently Asked Questions \u00e2\u20ac\u201d Midhani (Mishra Dhatu Nigam) Q4 Results 2026\">Frequently Asked Questions \u00e2\u20ac\u201d Midhani (Mishra Dhatu Nigam) Q4 Results 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_When_will_Midhani_Mishra_Dhatu_Nigam_announce_Q4_FY26_results\" title=\"Q: When will Midhani (Mishra Dhatu Nigam) announce Q4 FY26 results?\">Q: When will Midhani (Mishra Dhatu Nigam) announce Q4 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_What_is_the_revenue_estimate_for_Midhani_Mishra_Dhatu_Nigam_Q4_FY26\" title=\"Q: What is the revenue estimate for Midhani (Mishra Dhatu Nigam) Q4 FY26?\">Q: What is the revenue estimate for Midhani (Mishra Dhatu Nigam) Q4 FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_What_PAT_is_expected_for_Midhani_Mishra_Dhatu_Nigam_in_Q4_FY26\" title=\"Q: What PAT is expected for Midhani (Mishra Dhatu Nigam) in Q4 FY26?\">Q: What PAT is expected for Midhani (Mishra Dhatu Nigam) in Q4 FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_Will_Midhani_Mishra_Dhatu_Nigam_declare_a_dividend_in_Q4_FY26\" title=\"Q: Will Midhani (Mishra Dhatu Nigam) declare a dividend in Q4 FY26?\">Q: Will Midhani (Mishra Dhatu Nigam) declare a dividend in Q4 FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_What_is_the_current_share_price_and_market_cap_of_Midhani_Mishra_Dhatu_Nigam\" title=\"Q: What is the current share price and market cap of Midhani (Mishra Dhatu Nigam)?\">Q: What is the current share price and market cap of Midhani (Mishra Dhatu Nigam)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_What_are_the_key_risks_for_Midhani_Mishra_Dhatu_Nigam_in_Q4_FY26\" title=\"Q: What are the key risks for Midhani (Mishra Dhatu Nigam) in Q4 FY26?\">Q: What are the key risks for Midhani (Mishra Dhatu Nigam) in Q4 FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_Is_Midhani_Mishra_Dhatu_Nigam_a_buy_before_Q4_results\" title=\"Q: Is Midhani (Mishra Dhatu Nigam) a buy before Q4 results?\">Q: Is Midhani (Mishra Dhatu Nigam) a buy before Q4 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Q_How_can_I_track_Midhani_Mishra_Dhatu_Nigam_Q4_results_live\" title=\"Q: How can I track Midhani (Mishra Dhatu Nigam) Q4 results live?\">Q: How can I track Midhani (Mishra Dhatu Nigam) Q4 results live?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/midhani-mishra-dhatu-nigam-q4-results-2026\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Midhani_Mishra_Dhatu_Nigam_Q4_FY26_Earnings_Preview_aE%E2%80%9D_What_to_Expect\"><\/span><strong>Midhani (Mishra Dhatu Nigam) Q4 FY26 Earnings Preview \u00e2\u20ac\u201d What to Expect<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India&#8217;s defence sector is witnessing significant order activity backed by rising domestic procurement mandates, indigenisation push and growing defence exports, making Q4 FY26 a strong quarter for listed defence manufacturers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Midhani_Mishra_Dhatu_Nigam_Q4_Results_2026_aE%E2%80%9D_Date_and_Key_Estimates\"><\/span><strong>Midhani (Mishra Dhatu Nigam) Q4 Results 2026 \u00e2\u20ac\u201d Date and Key Estimates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Parameter<\/th>\n<th>Q3 FY26 Actual<\/th>\n<th>Q4 FY26 Estimate<\/th>\n<th>YoY Growth<\/th>\n<\/tr>\n<tr>\n<td>Revenue (Rs Cr)<\/td>\n<td>412<\/td>\n<td>448<\/td>\n<td>+9%<\/td>\n<\/tr>\n<tr>\n<td>PAT (Rs Cr)<\/td>\n<td>68<\/td>\n<td>78<\/td>\n<td>+15%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin<\/td>\n<td>&#8212;<\/td>\n<td>17.4%<\/td>\n<td>Improvement expected<\/td>\n<\/tr>\n<tr>\n<td>Results Date<\/td>\n<td>&#8212;<\/td>\n<td>May 2026<\/td>\n<td>&#8212;<\/td>\n<\/tr>\n<tr>\n<td>Dividend History<\/td>\n<td colspan=\"3\">Rs 3.00 per share<\/td>\n<\/tr>\n<tr>\n<td>Dividend Expectation<\/td>\n<td colspan=\"3\">Rs 4.00 final dividend expected<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Estimates based on analyst consensus as of April 2026. Actual results may vary. Verify before investing.<\/em><\/p>\n<p><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Midhani (Mishra Dhatu Nigam) live price, FII\/DII activity and fundamentals on Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_Reasons_Midhani_Mishra_Dhatu_Nigam_Q4_Results_Could_Beat_Estimates\"><\/span><strong>5 Reasons Midhani (Mishra Dhatu Nigam) Q4 Results Could Beat Estimates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Strong_Domestic_Order_Pipeline\"><\/span><strong>Strong Domestic Order Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s rising defence capex budget and Make in India policy are creating robust order opportunities for domestic manufacturers across land, sea and air segments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Defence_Export_Growth\"><\/span><strong>Defence Export Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s defence exports have grown significantly in recent years, with government diplomatic support and competitive products creating reliable international revenue streams.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Indigenisation_Mandates\"><\/span><strong>Indigenisation Mandates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Positive indigenisation lists and offset obligations under DAP 2020 are creating captive demand for domestic defence manufacturers and reducing import dependence.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Armed_Forces_Modernisation\"><\/span><strong>Armed Forces Modernisation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Comprehensive modernisation programmes across the Indian Army, Navy and Air Force are sustaining long-term, multi-year defence procurement demand for domestic industry.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Naval_Expansion_Programme\"><\/span><strong>Naval Expansion Programme<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s expanding naval shipbuilding programme and maritime security requirements are driving substantial orders for warships, submarines and naval equipment from domestic yards.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_Key_Risks_to_Watch_in_Midhani_Mishra_Dhatu_Nigam_Q4_Results\"><\/span><strong>5 Key Risks to Watch in Midhani (Mishra Dhatu Nigam) Q4 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Execution_and_Delivery_Delays\"><\/span><strong>Execution and Delivery Delays<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Complex technical requirements, supply chain dependencies and government approvals often delay execution timelines and push revenue recognition to future quarters.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Defence_Budget_Variability\"><\/span><strong>Defence Budget Variability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Capex allocations within the defence budget can shift to revenue expenditure in any given year, delaying order conversion and contract finalisation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Technology_and_IP_Risk\"><\/span><strong>Technology and IP Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Sophisticated platforms may require proprietary technology or international technology transfer, creating IP challenges and potential cost overruns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Global_OEM_Competition\"><\/span><strong>Global OEM Competition<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For high-end platforms, government-to-government defence deals with global OEMs create competitive pressure on domestic manufacturers&#8217; win rates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Long_Gestation_and_Working_Capital_Pressure\"><\/span><strong>Long Gestation and Working Capital Pressure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Very long project development and delivery periods create working capital stress and delayed revenue recognition for defence manufacturers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Analyst_Ratings_and_Target_Price_for_Midhani_Mishra_Dhatu_Nigam\"><\/span><strong>Analyst Ratings and Target Price for Midhani (Mishra Dhatu Nigam)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Brokerage<\/th>\n<th>Rating<\/th>\n<th>Key Thesis<\/th>\n<\/tr>\n<tr>\n<td>YES Securities<\/td>\n<td>Buy<\/td>\n<td>Order book momentum and indigenisation dividend<\/td>\n<\/tr>\n<tr>\n<td>JM Financial<\/td>\n<td>Buy<\/td>\n<td>Export growth and domestic defence super-cycle<\/td>\n<\/tr>\n<tr>\n<td>ICICI Direct<\/td>\n<td>Outperform<\/td>\n<td>Defence capex trajectory highly favourable<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Analyst ratings are for informational purposes only and subject to change. Not investment advice.<\/em><\/p>\n<p><a href=\"https:\/\/univest.in\/screeners\"><strong>Midhani (Mishra Dhatu Nigam) share price (MIDHANI) is trading near Rs 368 with a market capitalisation of approximately Rs 6,850 Cr. Track the stock on Univest Screener for live price and fundamental data.<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q4_Results_2026_Calendar_aE%E2%80%9D_Key_Dates_to_Track\"><\/span><strong>Q4 Results 2026 Calendar \u00e2\u20ac\u201d Key Dates to Track<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Company<\/th>\n<th>Expected Results Date<\/th>\n<\/tr>\n<tr>\n<td>Midhani (Mishra Dhatu Nigam)<\/td>\n<td>May 2026<\/td>\n<\/tr>\n<tr>\n<td>TCS<\/td>\n<td>April 2026<\/td>\n<\/tr>\n<tr>\n<td>Infosys<\/td>\n<td>April 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Stay updated on all Q4 FY26 earnings at <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>. For TCS results see <a href=\"https:\/\/univest.in\/blogs\/tcs-q4-results-2026-date-preview\">TCS Q4 Results 2026<\/a> and for Infosys see <a href=\"https:\/\/univest.in\/blogs\/infosys-q4-results-2026-date-preview\">Infosys Q4 Results 2026<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Midhani_Mishra_Dhatu_Nigam_Based_on_Q4_Results\"><\/span><strong>How to Invest in Midhani (Mishra Dhatu Nigam) Based on Q4 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before investing in Midhani (Mishra Dhatu Nigam) based on Q4 results, consider the following approach: review the actual revenue and PAT versus analyst estimates, listen to the management earnings call for FY27 guidance, assess whether the EBITDA margin trajectory is improving or deteriorating, and check FII\/DII activity patterns post-results. A beat on estimates with positive guidance is typically a bullish signal; a miss with downgraded guidance may indicate further correction risk.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for SEBI-registered entry, target and stop-loss levels on Midhani (Mishra Dhatu Nigam) \u00e2\u20ac\u201d Click Here<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_aE%E2%80%9D_Midhani_Mishra_Dhatu_Nigam_Q4_Results_2026\"><\/span><strong>Frequently Asked Questions \u00e2\u20ac\u201d Midhani (Mishra Dhatu Nigam) Q4 Results 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Q_When_will_Midhani_Mishra_Dhatu_Nigam_announce_Q4_FY26_results\"><\/span><strong>Q: When will Midhani (Mishra Dhatu Nigam) announce Q4 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Midhani (Mishra Dhatu Nigam) (MIDHANI) is expected to announce Q4 FY26 results in May 2026. The exact board meeting date will be communicated via BSE\/NSE exchange filing. Track the date on Univest Screener.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_is_the_revenue_estimate_for_Midhani_Mishra_Dhatu_Nigam_Q4_FY26\"><\/span><strong>Q: What is the revenue estimate for Midhani (Mishra Dhatu Nigam) Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Analyst consensus estimates Midhani (Mishra Dhatu Nigam) Q4 FY26 revenue at approximately Rs 448 Cr, representing approximately 9% year-on-year growth. The actual number will depend on sector demand trends and execution in the quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_PAT_is_expected_for_Midhani_Mishra_Dhatu_Nigam_in_Q4_FY26\"><\/span><strong>Q: What PAT is expected for Midhani (Mishra Dhatu Nigam) in Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Estimated PAT for Midhani (Mishra Dhatu Nigam) Q4 FY26 is approximately Rs 78 Cr, up approximately 15% year-on-year. Margin expansion from operating leverage and input cost moderation are the primary drivers of profit growth expectations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_Will_Midhani_Mishra_Dhatu_Nigam_declare_a_dividend_in_Q4_FY26\"><\/span><strong>Q: Will Midhani (Mishra Dhatu Nigam) declare a dividend in Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Historical dividend pattern for Midhani (Mishra Dhatu Nigam): Rs 3.00 per share. For Q4 FY26, Rs 4.00 final dividend expected. Dividend declarations are subject to board approval at the time of results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_is_the_current_share_price_and_market_cap_of_Midhani_Mishra_Dhatu_Nigam\"><\/span><strong>Q: What is the current share price and market cap of Midhani (Mishra Dhatu Nigam)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Midhani (Mishra Dhatu Nigam) (MIDHANI) is currently trading at approximately Rs 368 with a market capitalisation of Rs 6,850 Cr. Track live price, volume and FII\/DII data on <a href=\"https:\/\/univest.in\/screeners\">Univest Screener<\/a>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_What_are_the_key_risks_for_Midhani_Mishra_Dhatu_Nigam_in_Q4_FY26\"><\/span><strong>Q: What are the key risks for Midhani (Mishra Dhatu Nigam) in Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Key risks include: Execution and Delivery Delays, Defence Budget Variability, Technology and IP Risk. Investors should monitor management commentary on these risks in the Q4 earnings call.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_Is_Midhani_Mishra_Dhatu_Nigam_a_buy_before_Q4_results\"><\/span><strong>Q: Is Midhani (Mishra Dhatu Nigam) a buy before Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This article does not constitute investment advice. Whether to buy Midhani (Mishra Dhatu Nigam) before Q4 results depends on your risk appetite, existing portfolio exposure and entry price relative to fair value. Consult a SEBI-registered financial advisor before making any investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q_How_can_I_track_Midhani_Mishra_Dhatu_Nigam_Q4_results_live\"><\/span><strong>Q: How can I track Midhani (Mishra Dhatu Nigam) Q4 results live?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Track Midhani (Mishra Dhatu Nigam) Q4 FY26 results live on the <a href=\"https:\/\/univest.in\/screeners\">Univest Screener<\/a>, which provides real-time price updates, financial data and analyst research. Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Android App<\/a> for mobile alerts.<\/p>\n<p><em>Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decisions. SEBI Registration: INH000012449.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/kridhan-infra-q4-results-2026\">Kridhan Infra Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/krebs-biochemicals-and-industries-q4-results-2026\">Krebs Biochemicals and Industries Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/krbl-q4-results-2026-2\">KRBL Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/kpit-technologies-q4-results-2026-2\">KPIT Technologies Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/kothari-sugars-and-chemicals-q4-results-2026\">Kothari Sugars and Chemicals Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get the complete Midhani (Mishra Dhatu Nigam) Q4 Results 2026 preview including expected date, revenue estimate of Rs 448 Cr, PAT estimate of Rs 78 Cr and latest analyst ratings. Updated on Univest.<\/p>\n","protected":false},"author":28,"featured_media":77293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3858],"class_list":["post-76700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-q4-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1777032771:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["72"],"rank_math_title":["Midhani (Mishra Dhatu Nigam) Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook"],"rank_math_description":["Midhani (Mishra Dhatu Nigam) Q4 Results 2026 preview including expected date, revenue estimate of Rs 448 Cr, PAT estimate of Rs 78 Cr and latest analyst ratings. 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