Comparison · NSE · data 2026-11-02
Ashapura Minechem Ltd vs Mishra Dhatu Nigam Ltd.
In plain words
Size: Mishra Dhatu Nigam Ltd. is about 1.7 times the market value of Ashapura Minechem Ltd.
Valuation (P/E): Mishra Dhatu Nigam Ltd. 51.6 vs Ashapura Minechem Ltd 9.8.
Return on equity: Ashapura Minechem Ltd 27.8% vs Mishra Dhatu Nigam Ltd. 8.9%.
Profit growth over 3 years: Ashapura Minechem Ltd 50.8% a year vs Mishra Dhatu Nigam Ltd. -5.6% a year.
Debt to equity: Ashapura Minechem Ltd 0.88 vs Mishra Dhatu Nigam Ltd. 0.27.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ASHAPURMIN | MIDHANI | |
|---|---|---|
| Price | ₹415.1 | ₹371.75 |
| Market cap | ₹3,907 cr | ₹6,758 cr |
| P/E | 9.8 | 51.6 |
| P/B | — | — |
| ROE | 27.8% | 8.9% |
| ROCE | 17.0% | 7.7% |
| Debt / equity | 0.88 | 0.27 |
| Operating margin | 7.6% | 13.5% |
| Dividend yield | 0.49% | 0.58% |
| Sales growth, 3 years (yearly) | 42.0% | 11.5% |
| Profit growth, 3 years (yearly) | 50.8% | -5.6% |
| 1-year return | -38.2% | -3.0% |
| Revenue, last 12 months | ₹5,498 cr | ₹1,278 cr |
| Net profit, last 12 months | ₹407 cr | ₹135 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹115 cr | ₹16 cr |
| Quarter profit vs a year earlier | +5.0% | +27.0% |
| Promoter holding | 48.09% | 74.00% |
| Health check | Strong (6.5/10) | Weak (3.8/10) |
Common questions
Which has a higher P/E, Ashapura Minechem Ltd or Mishra Dhatu Nigam Ltd.?
Mishra Dhatu Nigam Ltd. trades at the higher P/E (51.6 against 9.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Ashapura Minechem Ltd (27.8% against 8.9%).
Which carries more debt?
Ashapura Minechem Ltd has the higher debt-to-equity ratio (0.88 against 0.27).