Mukand
131.34
+2.72(+2.11%)
Market Cap₹1,897.80 Cr
PE Ratio30.94
Company Performance:
1D+2.11%
1M+5.16%
6M-3.33%
1Y+44.28%
5Y+51.75%
View Company Insightsright
More news about Mukand
19Feb 26
Mukand Limited Issues Postal Ballot Notice for Director Re-appointments and Related Party Transactions
Mukand Limited has issued a postal ballot notice seeking shareholder approval for re-appointment of Chairman & Managing Director Niraj Bajaj and Whole-time Director Nirav Bajaj for three-year terms, with annual remuneration of ₹2.30 crore and ₹60.03 lakh respectively. The company also seeks approval for material related party transactions worth ₹5,225 crore for FY 2026-27, including ₹3,150 crore with Mukand Sumi Special Steel Limited and ₹2,075 crore with Jamnalal Sons Private Limited. Remote e-voting will be conducted from February 20 to March 21, 2026, with results by March 24, 2026.
 no imag found
16Feb 26
Mukand Limited Reports Q3 FY26 Results with Revenue of ₹1,300.18 Crore
Mukand Limited announced Q3 FY26 financial results showing revenue growth of 6.34% to ₹1,300.18 crore and profit after tax of ₹17.21 crore. The Board approved key leadership appointments and the company fulfilled regulatory compliance by publishing results in multiple newspapers including Business Standard and Free Press Journal.
 no imag found
16Feb 26
Mukand Limited Announces Leadership Change in Machine Building Division
Mukand Limited has announced a leadership change in its Machine Building Division, with Shri Gurnam Singh retiring as Chief Executive Officer and Shri Vidyakant S. Mirje taking over the role, both effective February 16, 2026. The new CEO brings 31 years of experience in sales management, product management, P&L management, marketing, and production management, with qualifications including an MBA in Marketing from Mumbai University and BE in Mechanical Engineering from Karnataka University.
 no imag found
12Jan 26
Mukand Limited Schedules Board Meeting for February 12, 2026 to Review Q3FY26 Financial Results
Mukand Limited has scheduled its Board of Directors meeting for February 12, 2026, to consider and approve unaudited financial results for Q3FY26, covering the quarter and nine months ended December 31, 2025. The company has implemented a trading window closure from January 1-14, 2026, for designated persons in compliance with SEBI insider trading regulations. The announcement fulfills regulatory obligations under SEBI listing requirements, with formal notifications sent to BSE and NSE exchanges.
 no imag found
12Nov 25
Mukand Reports Decline in Q2 FY2026 Financial Performance
Mukand Limited experienced a decline in financial performance for Q2 FY2026. Consolidated revenue decreased by 8.1% to ₹1,160.62 crore. Profit After Tax fell by 60.9% to ₹9.88 crore. The Specialty Steel segment revenue dropped by 5.8% to ₹1,138.72 crore, while Industrial Machinery & Engineering Contracts segment saw a 56.5% decrease to ₹23.73 crore. The company executed an Agreement for Sale for land parcels in Thane District for ₹673 crore, approved the transfer of part of its Industrial Machinery Division to a subsidiary, and received approval for a demerger scheme of its stainless steel business.
 no imag found
18Oct 25
Mukand Limited Transfers Part of Industrial Machinery Business to Subsidiary via Slump Sale
Mukand Limited signed a Business Transfer Agreement with its wholly-owned subsidiary, Mukand Heavy Engineering Limited (MHEL), to transfer parts of its Industrial Machinery Business through a slump sale. The transfer includes EOT Cranes design and manufacturing, materials handling, and process plant equipment operations. MHEL will issue equity shares at fair value to Mukand Limited as purchase consideration. The move aims to provide focused attention on transferred segments, enhance growth opportunities, create operational synergies, and maximize stakeholder value.
 no imag found
11Aug 25
Mukand Limited Reports Robust Q1 FY2026 Results with 435.8% QoQ Surge in Net Profit
Mukand Limited reported robust Q1 FY2026 results with total income at Rs 1,102.39 crore, up 4.1% QoQ. Net profit surged 435.8% QoQ to Rs 35.47 crore, while EBITDA margin improved to 8.3%. The company completed a demerger of its stainless steel business and signed a land sale agreement for Rs 673.00 crore. Management highlighted successful transformation and focus on high-margin stainless steel production.
 no imag found
08Aug 25
Mukand Limited Reports Q1 Results with 108.65% Jump in Standalone Profit
Mukand Ltd., a specialty steel manufacturer, reported a significant increase in profit for Q1. Standalone profit rose 29.12% to ₹35.47 crore, while consolidated profit jumped 166.33% to ₹29.03 crore. Revenue slightly decreased on a standalone basis but increased on a consolidated level. The company executed a land sale agreement for ₹673 crore and approved the transfer of part of its Industrial Machinery Division to a subsidiary.
 no imag found
23Jul 25
Mukand Limited Inks Rs. 673 Crore Land Sale Deal in Thane
Mukand Limited has entered into an agreement to sell 17.77 acres of land in Kalwe and Dighe, Thane district, for Rs. 673 crore to AGP DC INFRA PRIVATE LIMITED. The deal includes 50% rights to an access road and a perpetual right of way. An advance of Rs. 110 crore has been paid. The sale is subject to government approvals and due diligence, expected to complete within 30 days of meeting conditions. This non-related party transaction will not impact Mukand's core operations.
 no imag found
16May 25
Mukand Limited to Restructure: Plans Partial Transfer of Industrial Machinery Business
Mukand Limited announced plans to transfer a portion of its industrial machinery business to Mukand Heavy Engineering as part of a restructuring initiative. The company has not disclosed specific details about the scope, timeline, or financial implications of this transfer. This move could potentially impact shareholders, employees, customers, and suppliers, though the exact effects remain unclear due to limited information.
 no imag found
16May 25
Mukand's Q4 Profit Dips, Recommends ₹2 Per Share Dividend
Mukand Ltd's Q4 results show a 62.54% drop in net profit to ₹109 million, with revenue falling 10.65% to ₹11.07 billion. EBITDA decreased to ₹651.30 million, and EBITDA margin contracted to 5.88%. Despite challenges, the board recommended a dividend of ₹2.00 per equity share.
 no imag found
Mukand
131.34
+2.72
(+2.11%)
1 Year Returns:+44.28%
Industry Peers
JSW Steel
1,194.30
(+3.68%)
Tata Steel
204.18
(+3.05%)
Jindal Steel
1,213.10
(+3.84%)
Jindal Stainless
753.40
(+4.57%)
NMDC Steel
40.15
(+1.85%)
Prakash Industries
131.85
(+4.20%)