Mishra Dhatu Nigam Limited (MIDHANI)

MIDHANI is India's DPSU for special metals and superalloys, manufacturing nickel-based superalloys, titanium alloys, special-purpose steels (incl. DMR-249A defence-grade naval steel for INS Arihant cl

defenceindia-oemOperationalTier A
Country: IN

Last verified:

At a Glance

Headquarters
Hyderabad (Kanchanbagh), Telangana, India
Type
Company (listed)
Founded
1973 (incorporated; production commenced 1982); established under Ministry of Defence
India entity
null
Listed
NSE: MIDHANI | BSE: 541195 (IPO March 2018); Miniratna Category-I CPSE
Key India role
MIDHANI is India's DPSU for special metals and superalloys, manufacturing nickel-based superalloys, titanium alloys, special-purpose steels (incl. DMR-249A defence-grade naval steel for INS Arihant cl
indicators
[]
key specs
[]

What It Is

MIDHANI is India's DPSU for special metals and superalloys, manufacturing nickel-based superalloys, titanium alloys, special-purpose steels (incl. DMR-249A defence-grade naval steel for INS Arihant class nuclear submarines), soft-magnetic alloys, and refractory metal alloys. These feed India's strategic sectors — aerospace (HAL Tejas, ISRO launchers, GTRE Kaveri engine), defence (naval vessels, armour), nuclear, and space. MIDHANI supplied superalloys for the indigenous Kaveri aero-engine programme (single-crystal alloy capable of withstanding 1,400-1,500 °C), the GE-F414 turbofan (for LCA Tejas Mk2), and large titanium rings (≥2,250 mm) for aerospace applications. MIDHANI secured a ₹600 Cr superalloy supply contract with HAL (2024) strengthening indigenous aerospace. DMRL (DRDO) is the upstream R&D lab; MIDHANI is the production scale-up agency.

Sources: [1][2][3][4][5]

Deployments & Procurement

3 documented India deployment(s)/procurement(s).

AgencyContextYearQuantity / NoteSources
HAL (aerospace)₹600 Cr superalloy supply contract2024₹600 Cr supply[1][2][3]
Indian Navy (Arihant-class SSBN + ASW vessels)DMR-249A defence-grade steel used in nuclear submarine hulls and ASW vesselsongoingMultiple vessels[1][2][3]
DRDO GTRE (Kaveri engine)Superalloys (S130/S132/S80 round bars + 5,260 kg) for Kaveri/Kaveri Derivative EngineongoingMultiple lots[1][2][3]

Import Dependencies

Not analysed in this dossier.

Intelligence Assessment

Methodology: /research/methodology/

India footprint
Documented/5

8 sources with India-specific evidence.

Sources: [1][2][3][4]

Indigenous content
Not disclosed/5

Indigenous percentage not publicly verified.

Sources: [1][2][3]

Operational status
Operational/5

Based on latest public sources as of 2026-08-30.

Sources: [1][2][3]

Source quality
Medium/5

1 official, 3 credible sources.

Sources: [1][2][3]

FAQ

When was MIDHANI founded and where is it headquartered?

See the dossier sources above for details.

Sources: [1][2][3]

What is MIDHANI's stock ticker on NSE?

See the dossier sources above for details.

Sources: [1][2][3]

Which special steel does MIDHANI produce for the Arihant-class nuclear submarines?

DMR-249A defence-grade naval steel for INS Arihant class nuclear submarines), soft-magnetic alloys, and refractory metal alloys.

Sources: [1][2][3]

What superalloy did MIDHANI develop for the Kaveri engine programme?

MIDHANI supplied superalloys for the indigenous Kaveri aero-engine programme (single-crystal alloy capable of withstanding 1,400-1,500 °C), the GE-F414 turbofan (for LCA Tejas Mk2), and large titanium rings (≥2,250 mm) for aerospace applications.

Sources: [1][2][3]

What is the value of MIDHANI's superalloy supply contract with HAL?

MIDHANI secured a ₹600 Cr superalloy supply contract with HAL (2024) strengthening indigenous aerospace.

Sources: [1][2][3]

Open Questions

  • Import-dependency table not published on the listing; component-level analysis pending.
  • Re-verify “status” against primary Indian sources (MoD/PIB/DRDO/OEM) next cycle.

Sources

  1. src-01Indicative
    https://midhani-india.in
    MIDHANI Official·accessed 2026-08-30

    Domain root only; demoted to indicative per Atlas source-quality rule.

  2. src-02Official
    https://midhani-india.in/midhani_categories/special-products
    MIDHANI·accessed 2026-08-30
  3. src-03Credible
    https://en.wikipedia.org/wiki/Mishra_Dhatu_Nigam
    Wikipedia·accessed 2026-08-30
  4. src-04Credible
    https://www.screener.in/company/MIDHANI
    Screener.in·accessed 2026-08-30
  5. src-05Credible
    https://idrw.org/kaveri-engine-derivative-kde-project-highlights-continued-reliance-on-imports
    IDRW·Jun 12, 2025·accessed 2026-08-30
  6. src-06Indicative
    https://www.indiandefensenews.in/2024/01/midhani-providing-special-material.html
    Indian Defence News·Jan 25, 2024·accessed 2026-08-30
  7. src-07Indicative
    https://defence.in/threads/despite-midhanis-success-kaveri-engine-still-relies-on-key-imported-alloys-hindering-true-self-reliance-goal.14581
    defence.in·Jun 19, 2025·accessed 2026-08-30
  8. src-08Indicative
    https://www.linkedin.com/posts/anaadiprofessor_mishra-dhatu-nigam-has-secured-a-600-cr-activity-7352940864345706498-Vawt
    LinkedIn·2024·accessed 2026-08-30
  9. src-atlas-listingIndicative
    Mishra Dhatu Nigam Limited (MIDHANI) — Defence Atlas listing
    Techadyant Labs — Atlas register (own register)·accessed 2026-09-27

    Own register: indicative only, never official per standing evidence rules. All listing-derived figures in this dossier are attributed to this source.

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