Mukand Ltd

Mukand Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mukand Ltd

₹ 164 -1.77%
27 Sep - close price
mukand.com BSE: 500460 NSE: MUKANDLTD
About

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]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 2,366 Cr.
  • Current Price ₹ 164
  • High / Low ₹ 213 / 135
  • Stock P/E 24.2
  • Book Value ₹ 65.5
  • Dividend Yield 1.22 %
  • ROCE 10.8 %
  • ROE 11.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 26.3% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 22.4%

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -6.93% 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

Sector: Steel Industry: Steel - Large

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
792 1,197 1,325 1,329 1,462 1,462 1,347 1,346 1,391 1,381 1,188 1,257 1,258
755 1,145 1,260 1,244 1,383 1,415 1,270 1,715 1,319 1,308 1,125 1,173 1,190
Operating Profit 37 53 65 85 80 48 78 -369 72 72 63 84 68
OPM % 5% 4% 5% 6% 5% 3% 6% -27% 5% 5% 5% 7% 5%
4 2 24 3 3 22 7 554 3 3 6 4 4
Interest 39 38 40 44 43 46 50 36 33 33 34 32 32
Depreciation 11 11 11 11 11 12 14 14 12 12 12 12 11
Profit before tax -10 6 38 32 28 12 20 134 30 30 24 45 29
Tax % -96% -95% 10% -47% 19% 6% 17% -1% 7% 20% 9% 32% 22%
-0 12 34 47 23 11 17 134 28 24 21 30 22
EPS in Rs -0.03 0.83 2.42 3.31 1.59 0.79 1.15 9.30 1.91 1.69 1.48 2.11 1.55
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,126 2,533 2,819 2,731 2,667 3,070 3,588 2,818 2,681 4,643 5,618 5,218 5,084
2,013 2,378 2,481 2,397 2,316 3,004 3,438 2,712 2,883 4,403 5,771 4,925 4,797
Operating Profit 113 155 339 334 350 66 150 107 -203 240 -153 293 288
OPM % 5% 6% 12% 12% 13% 2% 4% 4% -8% 5% -3% 6% 6%
118 34 5 21 220 284 79 52 666 32 573 15 17
Interest 215 244 266 279 425 267 303 338 307 161 175 131 130
Depreciation 64 67 75 74 71 56 58 75 69 45 51 48 47
Profit before tax -48 -123 2 2 74 26 -132 -255 88 66 194 128 127
Tax % -17% -28% 26% 24% 85% -71% -36% -23% 48% -39% 5% 19%
-39 -88 2 2 11 44 -84 -196 46 92 185 104 99
EPS in Rs -2.70 -6.22 0.11 0.11 0.79 3.12 -5.95 -13.83 3.25 6.48 12.84 7.17 6.83
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% 31% 24% 16% 28%
Compounded Sales Growth
10 Years: 7%
5 Years: 8%
3 Years: 25%
TTM: -8%
Compounded Profit Growth
10 Years: 13%
5 Years: 26%
3 Years: 30%
TTM: -48%
Stock Price CAGR
10 Years: 15%
5 Years: 38%
3 Years: 6%
1 Year: -3%
Return on Equity
10 Years: -8%
5 Years: -22%
3 Years: -7%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 73 141 141 141 141 141 141 141 141 145 145 145
Reserves 2,003 1,985 1,974 1,971 220 993 912 716 756 596 737 802
2,166 2,312 2,564 2,739 2,878 1,953 2,376 2,537 1,821 2,036 1,505 1,489
921 1,141 1,118 1,105 1,163 1,295 948 1,015 658 822 797 637
Total Liabilities 5,164 5,579 5,797 5,957 4,402 4,381 4,378 4,409 3,377 3,598 3,183 3,072
2,408 2,486 2,448 2,407 693 562 505 516 447 484 447 441
CWIP 146 50 26 29 39 23 23 30 26 32 30 34
Investments 228 251 251 251 267 1,428 1,453 1,429 715 188 275 121
2,382 2,792 3,072 3,270 3,404 2,368 2,397 2,435 2,189 2,894 2,431 2,476
Total Assets 5,164 5,579 5,797 5,957 4,402 4,381 4,378 4,409 3,377 3,598 3,183 3,072

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
12 -26 12 117 295 764 -172 121 -262 -105 174 77
-78 -19 2 -31 -33 89 8 16 1,353 338 558 102
72 50 -14 -101 -260 -859 153 -136 -1,071 -212 -736 -165
Net Cash Flow 5 4 -0 -15 2 -6 -10 0 19 21 -5 13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 136 130 128 149 138 37 45 54 70 39 34 42
Inventory Days 356 386 416 471 427 233 235 324 221 184 133 161
Days Payable 252 280 254 270 275 209 143 184 85 64 50 47
Cash Conversion Cycle 240 236 290 350 290 61 137 195 206 159 117 155
Working Capital Days 144 143 192 223 236 83 120 150 198 132 97 119
ROCE % 1% 3% 6% 6% 12% 10% 5% 2% -8% 7% -7% 11%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.35% 74.61% 74.72% 73.82% 73.82% 73.82% 74.36% 74.70% 74.70% 74.70% 74.70% 74.70%
0.04% 0.07% 0.07% 0.03% 0.08% 0.04% 0.14% 0.06% 0.08% 0.32% 0.23% 0.20%
3.59% 3.59% 3.59% 3.27% 2.18% 2.18% 2.10% 1.52% 1.17% 1.19% 1.56% 1.74%
22.02% 21.73% 21.62% 22.88% 23.92% 23.96% 23.40% 23.72% 24.04% 23.78% 23.50% 23.35%
No. of Shareholders 32,64132,34733,09644,62745,26743,17543,78344,83947,59349,80949,48149,355

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Right Issue

Credit ratings

Concalls

  • Jul 2021
    Transcript
    Notes
    PPT