Comparison · NSE · data 2026-11-03
Jain Resource Recycling Limited vs Mishra Dhatu Nigam Ltd.
In plain words
Size: Jain Resource Recycling Limited is about 1.4 times the market value of Mishra Dhatu Nigam Ltd..
Valuation (P/E): Mishra Dhatu Nigam Ltd. 51.7 vs Jain Resource Recycling Limited 26.1.
Return on equity: Jain Resource Recycling Limited 30.8% vs Mishra Dhatu Nigam Ltd. 8.9%.
Profit growth over 3 years: Jain Resource Recycling Limited 56% a year vs Mishra Dhatu Nigam Ltd. -5.6% a year.
Debt to equity: Jain Resource Recycling Limited 0.82 vs Mishra Dhatu Nigam Ltd. 0.27.
Differences in the numbers, not a recommendation of either stock.
Side by side
19 metrics shown
| JAINREC | MIDHANI | |
|---|---|---|
| Price | ₹273.25 | ₹372.5 |
| Market cap | ₹9,498 cr | ₹6,988 cr |
| P/E | 26.1 | 51.7 |
| P/B | — | — |
| ROE | 30.8% | 8.9% |
| ROCE | 36.0% | 7.7% |
| Debt / equity | 0.82 | 0.27 |
| Operating margin | 5.2% | 13.5% |
| Dividend yield | 0.00% | 0.56% |
| Sales growth, 3 years (yearly) | 45.4% | 11.5% |
| Profit growth, 3 years (yearly) | 56.0% | -5.6% |
| 1-year return | -29.1% | -3.7% |
| Revenue, last 12 months | ₹10,718 cr | ₹1,278 cr |
| Net profit, last 12 months | ₹361 cr | ₹135 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹69 cr | ₹16 cr |
| Quarter profit vs a year earlier | +21.2% | +27.0% |
| Promoter holding | 73.59% | 74.00% |
| Health check | Average (5.6/10) | Weak (3.8/10) |
Common questions
Which has a higher P/E, Jain Resource Recycling Limited or Mishra Dhatu Nigam Ltd.?
Mishra Dhatu Nigam Ltd. trades at the higher P/E (51.7 against 26.1). 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?
Jain Resource Recycling Limited (30.8% against 8.9%).
Which carries more debt?
Jain Resource Recycling Limited has the higher debt-to-equity ratio (0.82 against 0.27).