1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Mukand Limited

Mukand Limited

143.06
INR
-10.32
(-6.73%)
43.71EPS
3.02P/E
19.10BMarket Cap
Mukand Limited
NSE:MUKANDLTD
(National Stock Exchange of India)

Recent

price

143.06

P/E

ratio

3.02

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
343.97
354.49
292.42
329.92
212.54
208.8
189.76
238.2
256.72
203.61
190.49
318.88
383.8
356.78
337.34
335.38
354.08
Revenue per Share
3.72
-11.88
-30.64
-11.08
0.79
-0.53
-0.8
58.06
-8.17
-16.96
-14.41
12.2
11.89
7.19
5.25
41.81
43.71
Basic EPS, GAAP
3.47
-0.51
-22.91
-13.67
-1.15
6.38
19.93
59.9
-4.74
9
-23.68
-24.01
3.11
1.94
3.74
-38.02
- -
Free Cash Flow per Basic Share
1.16
1.16
- -
- -
- -
- -
- -
- -
- -
- -
0.08
0.98
1.5
1.99
1.99
1.99
- -
Dividend per Share
291.61
279.13
248.76
132.48
132.4
14.79
14.07
76.36
64.7
47.43
32.71
47.13
59.09
62.62
65.72
105.35
- -
Book Value per Share
291.54
279.07
248.71
132.47
132.38
14.79
14.06
76.35
64.49
46.98
32.22
46.8
56.85
62.58
65.54
104.97
- -
Tangible Book Value per Share
73
73
73
76
141
141
141
141
141
141
141
144
144
144
144
144
145
Basic Weighted Avg Shares
25,149
25,919
21,380
25,171
30,054
29,525
26,833
33,683
36,302
28,792
26,936
46,076
55,457
51,553
48,745
48,461
51,233
Sales/Revenue/Turnover
6.4
2.36
1.6
4.34
9.77
10.8
10.99
2.96
3
1.37
-10.05
4.08
-3.97
4.63
4.73
1.74
1.19
Operating Margin (%)
692
658
645
677
765
770
715
1,587
720
754
685
454
524
497
507
624
660
Depreciation Expense
272
-869
-2,240
-845
111
-75
-113
8,210
-1,155
-2,399
-2,038
1,763
1,718
1,039
759
6,042
6,325
Net Income, GAAP
36.93
- -
- -
- -
12.04
280
127.14
10.77
- -
- -
- -
- -
0.28
18.12
35.85
- -
- -
Effective Tax Rate (%)
1.08
-3.35
-10.48
-3.36
0.37
-0.25
-0.42
24.38
-3.18
-8.33
-7.57
3.83
3.1
2.01
1.56
12.47
12.35
Profit Margin (%)
4,104
1,275
-43
3,655
8,106
8,250
9,507
-754
6,074
6,935
16,236
7,346
16,770
17,424
2,887
8,571
- -
Working Capital
8,901
7,742
8,567
11,616
15,463
16,358
17,057
7,751
15,645
18,905
17,595
8,801
14,428
14,275
1,016
2,600
- -
LT Debt
21,377
20,465
18,991
19,822
19,822
3,209
3,142
10,798
9,150
6,707
4,625
6,665
8,538
9,048
9,496
15,223
- -
Total Equity
2.79
- -
- -
- -
0.28
-14.24
-2.41
0.98
- -
- -
- -
- -
12.32
8.43
6.29
- -
- -
Return on Invested Capital (%)
4.27
- -
- -
- -
6.01
-14.04
-2.89
38.16
- -
- -
- -
- -
13.76
8.9
6.49
- -
- -
Return on Capital (%)
1.39
-4.16
-11.61
-4.58
0.59
-0.72
-5.56
128.41
-11.58
-30.26
-35.97
31.23
22.6
11.81
8.18
48.88
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
14,311
- -
LT Borrowings
- -
2,600
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
144
144
144
Market Capitalization
19,644
17,290
19,097

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
30,729
- -
Cash, Cash Equivalents & STI
- -
307
- -
Accounts Receivable, Net
- -
4,226
- -
Inventories
- -
24,024
- -
Total Current Liabilities
- -
22,158
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
14,311
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.2%
28.69%
60.31%
Free Cash Flow
-151.9%
-234.2%
-1,116.79%
Net Income, GAAP
-686.37%
88.11%
696.09%
Sales/Revenue/Turnover
7.54%
15.67%
-0.58%
Total Cash Common Dividend
- -
246.69%
-0.14%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12,580
12,628
12,623
11,069
48,745
2026
11,287
11,606
13,314
12,691
48,461
2027
13,622
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.68
1.75
1.03
0.75
5.25
2026
2.01
0.68
0.71
38.41
41.81
2027
3.97
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.99
2026
- -
- -
- -
- -
1.99
2027
- -
- -
- -
- -
- -
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Business
Mukand Limited operates extensively across India, specializing in the production and distribution of alloy and stainless steel goods, along with heavy industrial equipment. The company's operations are divided into distinct units: Steel, Industrial Machinery and Engineering Contracts, and diversified "Other" activities. The Steel division delivers a wide array of specialized steel items, encompassing billets, blooms, bars, wire rods, and bright bars in both alloy and stainless varieties, manufactured to precise specifications for demanding applications. The Industrial Machinery and Engineering Contracts segment focuses on the design, manufacturing, assembly, and commissioning of robust industrial apparatus. This includes overhead traveling and gantry cranes with capacities up to 500 tons, specialized port and shipyard cranes, various material handling systems, custom steel structural components, and processing plants engineered for both ferrous and non-ferrous sectors. These solutions cater to critical industries such as automotive, engineering, defense, power generation, and nuclear facilities. The "Other" activities segment handles ventures in road development, real estate ventures, and non-banking financial services. Established in 1937 and headquartered in Mumbai, India, Mukand Limited, a prominent part of the Bajaj Group, also engages in international trade, exporting its advanced products to markets including the United States, Germany, Italy, Japan, and the United Arab Emirates, among others. The organization was previously recognized as Mukand Iron & Steel Works Limited, adopting its current name in March 1989. Recent initiatives include signing an agreement for a 43.75 MW AC group captive solar plant.