Mukand Ltd
Mukand Ltd is engaged in manufacturing of special alloy steel, billets, bars, rods, EOT cranes, material handling equipment and other industrial machinery and comprehensive engineering services.[1]
- Market Cap ₹ 1,725 Cr.
- Current Price ₹ 119
- High / Low ₹ 189 / 84.4
- Stock P/E 19.8
- Book Value ₹ 66.4
- Dividend Yield 1.68 %
- ROCE 10.4 %
- ROE 9.12 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 25.6%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.8% over past five years.
- Company has a low return on equity of -5.94% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Ferrous Metals Iron & Steel
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,533 | 2,819 | 2,731 | 2,667 | 3,070 | 3,588 | 2,818 | 2,681 | 4,643 | 5,618 | 5,218 | 4,912 | |
2,378 | 2,481 | 2,397 | 2,316 | 3,004 | 3,438 | 2,712 | 2,883 | 4,403 | 5,771 | 4,925 | 4,620 | |
Operating Profit | 155 | 339 | 334 | 350 | 66 | 150 | 107 | -203 | 240 | -153 | 293 | 291 |
OPM % | 6% | 12% | 12% | 13% | 2% | 4% | 4% | -8% | 5% | -3% | 6% | 6% |
34 | 5 | 21 | 220 | 284 | 79 | 52 | 666 | 32 | 573 | 15 | 18 | |
Interest | 244 | 266 | 279 | 425 | 267 | 303 | 338 | 307 | 161 | 175 | 131 | 130 |
Depreciation | 67 | 75 | 74 | 71 | 56 | 58 | 75 | 69 | 45 | 51 | 48 | 51 |
Profit before tax | -123 | 2 | 2 | 74 | 26 | -132 | -255 | 88 | 66 | 194 | 128 | 129 |
Tax % | -28% | 26% | 24% | 85% | -71% | -36% | -23% | 48% | -39% | 5% | 19% | 33% |
-88 | 2 | 2 | 11 | 44 | -84 | -196 | 46 | 92 | 185 | 104 | 87 | |
EPS in Rs | -6.22 | 0.11 | 0.11 | 0.79 | 3.12 | -5.95 | -13.83 | 3.25 | 6.48 | 12.84 | 7.17 | 6.02 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 31% | 24% | 16% | 28% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 12% |
3 Years: | 2% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 20% |
3 Years: | 8% |
TTM: | -17% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 47% |
3 Years: | -2% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | -15% |
3 Years: | -6% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 145 | 145 | 145 | 145 |
Reserves | 1,985 | 1,974 | 1,971 | 220 | 993 | 912 | 716 | 756 | 596 | 737 | 802 | 815 |
2,312 | 2,564 | 2,739 | 2,878 | 1,953 | 2,376 | 2,537 | 1,821 | 2,036 | 1,505 | 1,489 | 1,559 | |
1,141 | 1,118 | 1,105 | 1,163 | 1,295 | 948 | 1,015 | 658 | 822 | 797 | 637 | 1,016 | |
Total Liabilities | 5,579 | 5,797 | 5,957 | 4,402 | 4,381 | 4,378 | 4,409 | 3,377 | 3,598 | 3,183 | 3,072 | 3,535 |
2,486 | 2,448 | 2,407 | 693 | 562 | 505 | 516 | 447 | 484 | 447 | 441 | 529 | |
CWIP | 50 | 26 | 29 | 39 | 23 | 23 | 30 | 26 | 32 | 30 | 34 | 33 |
Investments | 251 | 251 | 251 | 267 | 1,428 | 1,453 | 1,429 | 715 | 188 | 275 | 121 | 30 |
2,792 | 3,072 | 3,270 | 3,404 | 2,368 | 2,397 | 2,435 | 2,189 | 2,894 | 2,431 | 2,476 | 2,943 | |
Total Assets | 5,579 | 5,797 | 5,957 | 4,402 | 4,381 | 4,378 | 4,409 | 3,377 | 3,598 | 3,183 | 3,072 | 3,535 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-26 | 12 | 117 | 295 | 764 | -172 | 121 | -262 | -105 | 174 | 77 | 169 | |
-19 | 2 | -31 | -33 | 89 | 8 | 16 | 1,353 | 338 | 558 | 102 | -122 | |
50 | -14 | -101 | -260 | -859 | 153 | -136 | -1,071 | -212 | -736 | -165 | -75 | |
Net Cash Flow | 4 | -0 | -15 | 2 | -6 | -10 | 0 | 19 | 21 | -5 | 13 | -29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 130 | 128 | 149 | 138 | 37 | 45 | 54 | 70 | 39 | 34 | 42 | 32 |
Inventory Days | 386 | 416 | 471 | 427 | 233 | 235 | 324 | 221 | 184 | 133 | 161 | 239 |
Days Payable | 280 | 254 | 270 | 275 | 209 | 143 | 184 | 85 | 64 | 50 | 47 | 71 |
Cash Conversion Cycle | 236 | 290 | 350 | 290 | 61 | 137 | 195 | 206 | 159 | 117 | 155 | 200 |
Working Capital Days | 143 | 192 | 223 | 236 | 83 | 120 | 150 | 198 | 132 | 97 | 119 | 128 |
ROCE % | 3% | 6% | 6% | 12% | 10% | 5% | 2% | -8% | 7% | -7% | 11% | 10% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 19 May
-
The Board At Its Meeting Held On May 16, 2025 Approved The Proposal For Slump Sale
16 May - Mukand approves FY25 results, Rs2/share dividend, and slump sale of machinery business to subsidiary Mukand Heavy Engineering.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
16 May - Mukand approves FY25 results, Rs 2/share dividend, and slump sale of industrial machinery business to subsidiary.
- Corporate Action-Board approves Dividend 16 May
-
Announcement under Regulation 30 (LODR)-Dividend Updates
16 May - Mukand approves FY25 results, Rs.2/share dividend, and slump sale of Industrial Machinery business to subsidiary.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
Concalls
-
Jul 2021TranscriptNotesPPT
Part of Bajaj Group
The company is a part of the Bajaj Group. [1] The group has involvement in various industries like automobiles (2 and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance, etc. Other group companies include Bajaj Auto, Bajaj Electrical, Bajaj Finance, Bajaj Finserv, Bajaj Holdings & investments, etc. [2]