Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Mukand Limited

Mukand Limited

NSE: MUKANDLTD
SteelBasic MaterialsSMALL CAPMCap ₹2.49k Cr
₹171.99₹1.64 (+0.96%)

Market Closed • NSE

Market cap₹2.49k Cr
Enterprise value₹4.13k Cr
P/E TTM3.93
P/B1.63
EPS TTM₹43.77
ROCE4.44%
D/E1.11
Dividend yield0.01%
Face value₹10.00
52W high₹190.70
52W low₹114.31
Price chart(1Y)
1Y Return:+28.14% (+₹37.77)
H: ₹190.7L: ₹129.01
1W-3.15%
1M+28.16%
3M+17.90%
6M+20.14%
1Y+33.45%
Today at a glance

Day range

₹169.34₹174.60

52 week range

₹114.31₹190.70
Volume134.4K0.18x 20D avg
Free float50.00%-81.80% volume

Mukand Limited closed at INR171.99 (+0.96%) on volume 0.18x its 20-day average, trading 9.81% below its 52-week high.

Technical analysis
RSI (14)58.6Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹7.66High
SMA 20₹167.97BULLISH
SMA 50₹149.32BULLISH
SMA 100₹143.40BULLISH
SMA 200₹137.37BULLISH
CPR bottom₹172.25
Pivot₹171.61
CPR top₹170.98
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -89.7% QoQ

2026-08-07

DIVIDEND Announced

Dividend - Rs 2 Per Share & Special Dividend Re 1 Per Share

2025-07-25

DIVIDEND Announced

Dividend - Rs 2 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.70k Cr₹2.49k Cr68.27%≤ 33%FAIL
Non-halal income ratio–₹4.89k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹4.06k Cr₹4.08k Cr99.61%≥ 20%PASS
Receivables ratio–₹4.08k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E3.9321.90
Forward P/E——
P/B1.632.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield25.404.60
Growth & profitability
RevenuePAT
FY24PAT margin 2.00%
FY25PAT margin 1.60%
FY26PAT margin 12.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y0.00%
Revenue CAGR 5Y-1.10%
PAT CAGR 3Y+99.60%
PAT CAGR 5Y+42.20%
Operating margin-0.79%
Net margin12.35%
Financial health & cash flow
Net debt₹1.68k CrModerate
Interest coverage0.70xEBIT / interest
CFO / PAT-0.55x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-44098.0 Lakh
Capital expenditure–
Free cash flow₹-54937.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall52/100
Valuation75/100
Profitability50/100
Financial health30/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 3.9x trades below sector historical averages

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
1.36%Institutional holding
23.94%Public holding
5Periods available
0.00%Promoter pledged
49.22KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
07 Aug 2026Dividend₹2.00 / share—07 Aug 2026
25 Jul 2025Dividend₹2.00 / share—25 Jul 2025
—Dividend₹2.00 / share—26 Jul 2024
—Dividend₹2.00 / share—28 Jul 2023
—Dividend₹1.50 / share—28 Jul 2022
10 Sept 2021Dividend₹1.00 / share—08 Sept 2021
—Annual General MeetingAnnual General Meeting—25 Jul 2019
—Annual General MeetingAnnual General Meeting—02 Aug 2018
—Annual General MeetingAnnual General Meeting—13 Jul 2017
—Annual General MeetingAnnual General Meeting—28 Jul 2016
—Annual General MeetingAnnual General Meeting—30 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)43.43%+0.30% latest vs average
Highest delivery65.47%on 18 Sept
Average volume (20D)736.7KTrading-session average
Conviction trendStrengthening+0.30% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Mukand Limited
Mukand Limited

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]

IndiaBasic Materials

Questions investors ask
Is Mukand Limited Shariah compliant?

Mukand Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (68.27%) exceeds AAOIFI threshold (≤ 33%).

What is Mukand Limited's current valuation relative to peers?

Mukand Limited trades at a P/E of 3.9x compared to the sector median of 21.9x, and a Price-to-Book of 1.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.11x. Interest coverage is 0.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -1.1% while net profit growth averaged 42.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.