Mukand Share Price & Earnings Call Analysis

₹145.31-0.32% today
Market cap
₹2,100 Cr
P/E
3.32
ROE
5.57%
PEG
0.11
Price to sales
0.41
Debt to equity
1.11
52W high / low
₹186 / ₹116
Sales growth (5Y)
12.40%
EBITDA margin
2.56%
Net profit margin
1.41%
Promoter holding
74.70%
Sales (last year)
₹5,121 Cr

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]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

Financials of Mukand

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Mukand

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,3121,3821,3771,1771,2391,2581,2631,2621,1071,1291,1611,3291,269
Expenses +1,6911,3051,3071,1141,1561,1871,1871,1901,0421,0811,0911,2571,287
Operating Profit-3797770628371767265476972-17
OPM %-29%6%5%5%7%6%6%6%6%4%6%5%-1%
Other Income +554336443263934508
Interest38333334313233323334384039
Depreciation15121212121114131314141618
Profit before tax1233428224332332924382021434
Tax %-2%9%16%12%33%23%24%49%55%23%50%51%-28%
Net Profit +1253123192924251511291010555
EPS in Rs8.682.141.611.342.011.681.751.030.752.010.680.7138.41

Financials of Mukand

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +3,0162,9532,7133,4363,6892,9232,7264,6435,5685,1754,8904,890
Expenses +2,6432,5932,3513,2163,5422,8483,2284,4045,7394,8824,6054,719
Operating Profit37336036122014875-502239-172293285171
OPM %12%12%13%6%4%3%-18%5%-3%6%6%4%
Other Income +-712451,33179687481195731514554
Interest276293294473327364332161177131130150
Depreciation7677721585875694552505162
Profit before tax13242920-158-296-155151172127118512
Tax %12%280%127%11%-27%-19%32%-17%0%18%36%-18%
Net Profit +12-6-11821-115-240-20417617210476604
EPS in Rs0.79-0.53-0.8058.06-8.17-16.96-14.4112.4711.897.195.2541.81
Dividend Payout %0%0%0%0%0%0%-7%12%17%28%38%10%

Financials of Mukand

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141141141141141141141145145145145145
Reserves1,7251,7141739387745293215227097608051,378
Borrowings +2,6212,8522,9792,1242,5752,7552,0762,0361,5051,4891,5591,697
Other Liabilities +1,3761,3861,1811,2439751,0346998228196361,033858
Total Liabilities5,8636,0934,4744,4474,4654,4603,2373,5243,1783,0303,5424,077
Fixed Assets +2,4612,429693562505516447484488452539632
CWIP3831392323302632303414093
Investments38361331,2681,2871,214528128159102940
Other Assets +3,3263,5973,6092,5942,6502,7002,2362,8802,5012,5342,8333,312
Total Assets5,8636,0934,4744,4474,4654,4603,2373,5243,1783,0303,5424,077

Financials of Mukand

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +19135319894-56150-328-10210665180-441
Cash from Investing Activity +-11-35-36887121,34528061999-124472
Cash from Financing Activity +-10-94-283-98740-159-997-166-728-152-86-37
Net Cash Flow-35-0-5-922012-312-29-6
Free Cash Flow-697283980-50129302-319726127440
CFO/OP1%41%90%412%-36%205%69%-37%-66%23%61%-255%

Financials of Mukand

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days122144137314552693930383232
Inventory Days380417456220227309217184144173240278
Days Payable230238294196138172846450487165
Cash Conversion Cycle27332329956134189203159125163201245
Working Capital Days87104119-15537715541971192062
ROCE %7%7%8%4%5%2%-18%8%-8%11%10%23%
32out of 100

Momentum score · price trend

32 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+2.6%62%
Last 6 months+4.7%62%
Last 3 months+1.5%71%

The price is 27.2% below its all-time high of ₹200.35 (2 Feb 2024). Stocks more than 20% below their peak have their score halved, so 64 became 32.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Mukand: 0.4 × 62 + 0.4 × 62 + 0.2 × 71 = 64, halved to 32 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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