About Mukand Limited
Data last updated: 14 July 2026
Mukand Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in material handling and storage equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 29 November 1937, the company has been in operation for over 89 years.
Registered with ROC Mumbai under CIN L99999MH1937PLC002726. Listed on BSE: 500460 and NSE: BE : MUKANDLTD.
Capital: an authorised share capital of ₹210.1 Cr and a paid-up capital of ₹144.5 Cr. Formerly known as Mukand Lron & Steel Works Limited. It is led by directors including Sankaran Radhakrishnan and Arvind Madhav Kulkarni.
Last AGM: 08 August 2025. Financial statements filed for year ended 31 March 2025. Office: Bajaj Bhavanjamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹4,889.83 Cr, a growth of 0% compared to the previous year. The net worth stands at ₹1,522.31 Cr (up 60.31% YoY). Total assets are valued at ₹4,077.02 Cr (up 15.11% YoY).
The company has a workforce of approximately 2,341 employees as per the latest available data. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand - Mukand. As per MCA filings, the company has open charges of ₹369.12 Cr and satisfied charges of ₹4,772.33 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mukand.com.
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Registered AddressBajaj Bhavanjamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryMachinery and Equipment, Material Handling & Storage Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mukand Limited
Mukand Limited operates one associated brand: Mukand. These brands represent Mukand Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of alloy steel, stainless steel, and heavy machinery | mukand.com |
Business Activity of Mukand Limited
Mukand Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Mukand Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mukand Limited
Mukand Limited is audited by DHC & Co. (ICAI peer reviewed, certificate valid till 2028-10-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DHC & Co. (ICAI peer reviewed, certificate valid till 2028-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Mukand Limited
Mukand Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankaran Radhakrishnan | Director | 20 May 2019 | 7 Years 2 Months | Current |
|
Arvind Madhav Kulkarni
Also directs:
Mukand Sumi Metal Processing Limited
|
Director | 28 Jun 2022 | 4 Years 1 Months | Current |
| Niraj Ramkrishna Bajaj | Managing Director | 05 Jul 2008 | 18 Years 1 Months | Current |
|
Tasneem Vikram Singh Mehta
Also directs:
Tma Estates Llp
|
Director | 10 Feb 2025 | 1 Years 6 Months | Current |
| Prem Kumar Swamidas Chandrani | Director | 10 Sep 2024 | 1 Years 11 Months | Current |
|
Nirav Nayan Bajaj
Also directs:
Aryan Nayan Realty Llp, Mukand Sumi Special Steel Limited, Bajaj Electricals Limited and 4 more
|
Whole-Time Director | 16 May 2023 | 3 Years 2 Months | Current |
Financials of Mukand Limited FY 2026 filings available
Mukand Limited reported revenue of ₹4,889.83 Cr (up 0% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,889.83 Cr | ₹4,889.99 Cr | ₹5,174.81 Cr | ₹5,567.6 Cr | ₹4,636.66 Cr | ₹2,725.99 Cr | ₹2,922.69 Cr |
| Other Income | ₹553.7 Cr | ₹14.43 Cr | ₹16.03 Cr | ₹585.19 Cr | ₹115.72 Cr | ₹748.41 Cr | ₹68.24 Cr |
| Total Income | ₹5,443.53 Cr | ₹4,904.42 Cr | ₹5,190.84 Cr | ₹6,152.79 Cr | ₹4,752.38 Cr | ₹3,474.4 Cr | ₹2,990.93 Cr |
| Cost of Materials Consumed | ₹3,587.03 Cr | ₹3,194.07 Cr | ₹3,395.32 Cr | ₹3,954.22 Cr | ₹3,105.27 Cr | ₹1,580.71 Cr | ₹1,520.58 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹81 Lakh | ₹1.07 Cr | ₹4.29 Cr | ₹35.3 Cr | ₹119.01 Cr |
| Changes in Inventories | -₹438.06 Cr | -₹141.72 Cr | -₹45.96 Cr | -₹33.17 Cr | -₹212.51 Cr | ₹249.2 Cr | -₹26.03 Cr |
| Employee Benefit Expense | ₹236.53 Cr | ₹226.36 Cr | ₹219.01 Cr | ₹204.75 Cr | ₹191.33 Cr | ₹190.31 Cr | ₹189.92 Cr |
| Finance Costs | ₹150.2 Cr | ₹129.63 Cr | ₹131.47 Cr | ₹176.97 Cr | ₹160.55 Cr | ₹332.41 Cr | ₹363.97 Cr |
| Depreciation & Amortisation | ₹62.4 Cr | ₹50.73 Cr | ₹49.72 Cr | ₹52.38 Cr | ₹44.78 Cr | ₹68.52 Cr | ₹75.41 Cr |
| Other Expenses | ₹1,333.3 Cr | ₹1,327.05 Cr | ₹1,313.64 Cr | ₹1,617.79 Cr | ₹1,294.56 Cr | ₹1,119.24 Cr | ₹994.75 Cr |
| Total Expenses | ₹4,931.4 Cr | ₹4,786.12 Cr | ₹5,064.01 Cr | ₹5,974.01 Cr | ₹4,588.27 Cr | ₹3,575.69 Cr | ₹3,237.61 Cr |
| Profit Before Exceptional Items & Tax | ₹512.13 Cr | ₹118.3 Cr | ₹126.83 Cr | ₹178.78 Cr | ₹164.11 Cr | -₹101.29 Cr | -₹246.68 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹512.13 Cr | ₹118.3 Cr | ₹126.83 Cr | ₹178.78 Cr | ₹164.11 Cr | -₹101.29 Cr | -₹246.68 Cr |
| Total Tax Expense | -₹92.02 Cr | ₹42.41 Cr | ₹24.13 Cr | ₹49 Lakh | -₹15.42 Cr | ₹49.07 Cr | -₹56.57 Cr |
| Net Profit | ₹604.15 Cr | ₹75.89 Cr | ₹102.7 Cr | ₹171.78 Cr | ₹177.42 Cr | -₹203.78 Cr | -₹239.88 Cr |
| attributable to Owners | - | ₹0 | ₹0 | - | - | ₹0 | - |
| attributable to NCI | - | ₹0 | ₹0 | - | - | ₹0 | - |
| Other Comprehensive Income | -₹2.54 Cr | -₹5.22 Cr | -₹6.48 Cr | ₹44 Lakh | -₹1.48 Cr | -₹4.34 Cr | ₹1.93 Cr |
| Total Comprehensive Income | ₹601.61 Cr | ₹70.67 Cr | ₹96.22 Cr | ₹172.22 Cr | ₹175.94 Cr | -₹208.12 Cr | -₹237.95 Cr |
| EBITDA (computed) | ₹724.73 Cr | ₹298.66 Cr | ₹308.02 Cr | ₹408.13 Cr | ₹369.44 Cr | ₹299.64 Cr | ₹192.7 Cr |
| Basic EPS | ₹41.81 | ₹5.24 | ₹7.11 | ₹11.89 | ₹12.55 | ₹-14.41 | ₹-16.96 |
| Diluted EPS | ₹41.81 | ₹5.24 | ₹7.11 | ₹11.89 | ₹12.55 | ₹-14.41 | ₹-16.96 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹4,077.02 Cr | ₹3,541.95 Cr | ₹3,046.34 Cr | ₹3,177.81 Cr |
| Non-current Assets | ₹1,004.13 Cr | ₹835.35 Cr | ₹664.48 Cr | ₹688.65 Cr |
| Current Assets | ₹3,062.9 Cr | ₹2,699.03 Cr | ₹2,358.62 Cr | ₹2,470.35 Cr |
| Property, Plant & Equipment | ₹626.68 Cr | ₹536.74 Cr | ₹451.59 Cr | ₹456.21 Cr |
| Inventories | ₹2,402.43 Cr | ₹2,007.77 Cr | ₹1,590.12 Cr | ₹1,549.35 Cr |
| Trade Receivables | ₹422.63 Cr | ₹426.95 Cr | ₹532.99 Cr | ₹462.91 Cr |
| Cash & Equivalents | ₹15.72 Cr | ₹21.6 Cr | ₹51.01 Cr | ₹39.36 Cr |
| Equity (Net Worth) | ₹1,522.31 Cr | ₹949.62 Cr | ₹921.1 Cr | ₹853.78 Cr |
| Equity Share Capital | ₹144.49 Cr | ₹144.51 Cr | ₹144.51 Cr | ₹144.51 Cr |
| Borrowings (Non-current) | ₹265.63 Cr | ₹107.25 Cr | ₹1,433.09 Cr | ₹1,448.39 Cr |
| Borrowings (Current) | ₹1,431.08 Cr | ₹1,452.04 Cr | ₹55.96 Cr | ₹56.23 Cr |
| Total Debt (computed) | ₹1,696.71 Cr | ₹1,559.29 Cr | ₹1,489.05 Cr | ₹1,504.62 Cr |
| Current Liabilities | ₹2,215.77 Cr | ₹2,417.91 Cr | ₹639.48 Cr | ₹812.19 Cr |
| Total Liabilities | ₹2,554.71 Cr | ₹2,592.33 Cr | ₹2,125.24 Cr | ₹2,324.03 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹440.98 Cr | ₹180.09 Cr | ₹10.22 Cr | ₹105.9 Cr | -₹91.83 Cr |
| Investing Cash Flow | ₹471.94 Cr | -₹123.74 Cr | ₹99.04 Cr | ₹618.82 Cr | ₹300.4 Cr |
| Financing Cash Flow | -₹36.84 Cr | -₹85.76 Cr | -₹152.33 Cr | -₹727.67 Cr | -₹196.44 Cr |
| Capital Expenditure | ₹108.39 Cr | ₹126.06 Cr | ₹47.72 Cr | ₹60.96 Cr | ₹231.09 Cr |
| Free Cash Flow (computed) | -₹549.37 Cr | ₹54.03 Cr | -₹37.5 Cr | ₹44.94 Cr | -₹322.92 Cr |
| Dividends Paid | ₹28.78 Cr | ₹28.82 Cr | ₹28.9 Cr | ₹21.67 Cr | ₹14.09 Cr |
| Net Change in Cash | -₹5.88 Cr | -₹29.41 Cr | -₹43.07 Cr | -₹2.95 Cr | ₹12.13 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,269.09 Cr | ₹1,331.41 Cr | ₹1,160.62 Cr | ₹1,128.71 Cr | ₹1,106.89 Cr | ₹1,262.27 Cr | ₹1,262.84 Cr | ₹1,257.99 Cr | ₹1,239.16 Cr | ₹1,176.68 Cr | ₹1,376.68 Cr | ₹1,382.29 Cr |
| Other Income | ₹508.34 Cr | ₹3.92 Cr | ₹2.76 Cr | ₹38.68 Cr | ₹5.55 Cr | ₹1.54 Cr | ₹3.31 Cr | ₹4.03 Cr | ₹3.92 Cr | ₹5.7 Cr | ₹3.48 Cr | ₹2.93 Cr |
| Total Income | ₹1,777.43 Cr | ₹1,335.33 Cr | ₹1,163.38 Cr | ₹1,167.39 Cr | ₹1,112.44 Cr | ₹1,263.81 Cr | ₹1,266.15 Cr | ₹1,262.02 Cr | ₹1,243.08 Cr | ₹1,182.38 Cr | ₹1,380.16 Cr | ₹1,385.22 Cr |
| Cost of Materials Consumed | ₹906.4 Cr | ₹992.01 Cr | ₹875.83 Cr | ₹812.79 Cr | ₹705.77 Cr | ₹811.17 Cr | ₹860.03 Cr | ₹817.1 Cr | ₹855.47 Cr | ₹764.82 Cr | ₹842.5 Cr | ₹932.53 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | -₹1.78 Cr | ₹66 Lakh | ₹68 Lakh | ₹44 Lakh | ₹39 Lakh | ₹6 Lakh | ₹5 Lakh | ₹31 Lakh |
| Changes in Inventories | -₹18.02 Cr | -₹139.01 Cr | -₹175.66 Cr | -₹105.37 Cr | -₹33.23 Cr | -₹3.84 Cr | -₹71.34 Cr | -₹33.31 Cr | -₹73.32 Cr | -₹41.77 Cr | ₹76.93 Cr | -₹7.8 Cr |
| Employee Benefit Expense | ₹55.65 Cr | ₹63.03 Cr | ₹59.95 Cr | ₹57.9 Cr | ₹54.68 Cr | ₹58.23 Cr | ₹57.25 Cr | ₹56.2 Cr | ₹52.56 Cr | ₹63.43 Cr | ₹51.6 Cr | ₹51.42 Cr |
| Finance Costs | ₹39.06 Cr | ₹39.72 Cr | ₹37.53 Cr | ₹33.89 Cr | ₹33.29 Cr | ₹31.83 Cr | ₹32.58 Cr | ₹31.93 Cr | ₹31.42 Cr | ₹33.55 Cr | ₹33.08 Cr | ₹33.42 Cr |
| Depreciation & Amortisation | ₹18.02 Cr | ₹15.51 Cr | ₹14.5 Cr | ₹14.37 Cr | ₹13.26 Cr | ₹12.66 Cr | ₹13.62 Cr | ₹11.19 Cr | ₹12.3 Cr | ₹12.49 Cr | ₹12.47 Cr | ₹12.46 Cr |
| Other Expenses | ₹342.55 Cr | ₹343.25 Cr | ₹331.36 Cr | ₹316.14 Cr | ₹316.32 Cr | ₹323.78 Cr | ₹340.14 Cr | ₹346.81 Cr | ₹321.21 Cr | ₹327.89 Cr | ₹335.68 Cr | ₹328.86 Cr |
| Total Expenses | ₹1,343.66 Cr | ₹1,314.51 Cr | ₹1,143.51 Cr | ₹1,129.72 Cr | ₹1,088.31 Cr | ₹1,234.49 Cr | ₹1,232.96 Cr | ₹1,230.36 Cr | ₹1,200.03 Cr | ₹1,160.47 Cr | ₹1,352.31 Cr | ₹1,351.2 Cr |
| Profit Before Exceptional Items & Tax | ₹433.77 Cr | ₹20.82 Cr | ₹19.87 Cr | ₹37.67 Cr | ₹24.13 Cr | ₹29.32 Cr | ₹33.19 Cr | ₹31.66 Cr | ₹43.05 Cr | ₹21.91 Cr | ₹27.85 Cr | ₹34.02 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹433.77 Cr | ₹20.82 Cr | ₹19.87 Cr | ₹37.67 Cr | ₹24.13 Cr | ₹29.32 Cr | ₹33.19 Cr | ₹31.66 Cr | ₹43.05 Cr | ₹21.91 Cr | ₹27.85 Cr | ₹34.02 Cr |
| Total Tax Expense | -₹121.21 Cr | ₹10.56 Cr | ₹9.99 Cr | ₹8.64 Cr | ₹13.23 Cr | ₹14.44 Cr | ₹7.41 Cr | ₹7.33 Cr | ₹13.96 Cr | ₹2.55 Cr | ₹4.54 Cr | ₹3.08 Cr |
| Net Profit | ₹554.98 Cr | ₹10.26 Cr | ₹9.88 Cr | ₹29.03 Cr | ₹10.9 Cr | ₹14.88 Cr | ₹25.78 Cr | ₹24.33 Cr | ₹29.09 Cr | ₹19.36 Cr | ₹23.31 Cr | ₹30.94 Cr |
| attributable to Owners | - | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - |
| attributable to NCI | - | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - |
| Other Comprehensive Income | ₹65 Lakh | -₹1.06 Cr | -₹1.06 Cr | -₹1.07 Cr | -₹2.19 Cr | -₹1.01 Cr | -₹1.01 Cr | -₹1.01 Cr | -₹6.36 Cr | -₹7 Lakh | -₹1 Lakh | -₹4 Lakh |
| Total Comprehensive Income | ₹555.63 Cr | ₹9.2 Cr | ₹8.82 Cr | ₹27.96 Cr | ₹8.71 Cr | ₹13.87 Cr | ₹24.77 Cr | ₹23.32 Cr | ₹22.73 Cr | ₹19.29 Cr | ₹23.3 Cr | ₹30.9 Cr |
| EBITDA (computed) | ₹490.85 Cr | ₹76.05 Cr | ₹71.9 Cr | ₹85.93 Cr | ₹70.68 Cr | ₹73.81 Cr | ₹79.39 Cr | ₹74.78 Cr | ₹86.77 Cr | ₹67.95 Cr | ₹73.4 Cr | ₹79.9 Cr |
| Basic EPS | ₹38.51 | ₹0.71 | ₹0.68 | ₹2.01 | ₹0.75 | ₹1.03 | ₹1.78 | ₹1.68 | ₹2.01 | ₹1.34 | ₹1.61 | ₹2.14 |
| Diluted EPS | ₹38.51 | ₹0.71 | ₹0.68 | ₹2.01 | ₹0.75 | ₹1.03 | ₹1.78 | ₹1.68 | ₹2.01 | ₹1.34 | ₹1.61 | ₹2.14 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Specialty Steel | ₹1,216.47 Cr | ₹509.82 Cr | ₹2,907.91 Cr | ₹679.42 Cr |
| Industrial Machinery & Engineering Contracts | ₹60.56 Cr | -₹4.53 Cr | ₹465.3 Cr | ₹55.97 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Specialty Steel | ₹4,743.3 Cr | ₹675.39 Cr | - | - |
| Industrial Machinery & Engineering Contracts | ₹156.87 Cr | -₹10.36 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,762.3 Cr | ₹4,911.61 Cr | ₹5,217.53 Cr | ₹5,618.36 Cr | ₹4,623.19 Cr | ₹2,680.7 Cr | ₹2,818.38 Cr |
| Other Income | ₹574.14 Cr | ₹18.13 Cr | ₹15.6 Cr | ₹585.11 Cr | ₹39.12 Cr | ₹666.68 Cr | ₹52.23 Cr |
| Total Income | ₹5,336.44 Cr | ₹4,929.74 Cr | ₹5,233.13 Cr | ₹6,203.47 Cr | ₹4,662.31 Cr | ₹3,347.38 Cr | ₹2,870.61 Cr |
| Cost of Materials Consumed | ₹3,574.85 Cr | ₹3,212.62 Cr | ₹3,436.93 Cr | ₹3,995.97 Cr | ₹3,105.27 Cr | ₹1,581.16 Cr | ₹1,564.89 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹81 Lakh | ₹1.07 Cr | ₹2.47 Cr | ₹1 Cr | ₹3 Lakh |
| Changes in Inventories | -₹442.97 Cr | -₹141.72 Cr | -₹41.07 Cr | -₹31.22 Cr | -₹212.51 Cr | ₹249.2 Cr | -₹26.03 Cr |
| Employee Benefit Expense | ₹199.41 Cr | ₹225.65 Cr | ₹218.76 Cr | ₹204.57 Cr | ₹190.31 Cr | ₹188.74 Cr | ₹188.52 Cr |
| Finance Costs | ₹144.58 Cr | ₹129.63 Cr | ₹131.47 Cr | ₹175.17 Cr | ₹132.04 Cr | ₹307.02 Cr | ₹338.11 Cr |
| Depreciation & Amortisation | ₹54.33 Cr | ₹50.62 Cr | ₹48.18 Cr | ₹51.19 Cr | ₹44.78 Cr | ₹68.52 Cr | ₹75.41 Cr |
| Other Expenses | ₹1,256.11 Cr | ₹1,323.78 Cr | ₹1,309.88 Cr | ₹1,612.45 Cr | ₹1,294.25 Cr | ₹863.95 Cr | ₹984.28 Cr |
| Total Expenses | ₹4,786.31 Cr | ₹4,800.58 Cr | ₹5,104.96 Cr | ₹6,009.2 Cr | ₹4,556.61 Cr | ₹3,259.59 Cr | ₹3,125.21 Cr |
| Profit Before Exceptional Items & Tax | ₹550.13 Cr | ₹129.16 Cr | ₹128.17 Cr | ₹194.27 Cr | ₹105.7 Cr | ₹87.79 Cr | -₹254.6 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹550.13 Cr | ₹129.16 Cr | ₹128.17 Cr | ₹194.27 Cr | ₹105.7 Cr | ₹87.79 Cr | -₹254.6 Cr |
| Total Tax Expense | -₹92.02 Cr | ₹42.21 Cr | ₹24.5 Cr | ₹8.79 Cr | -₹16.42 Cr | ₹41.79 Cr | -₹59.03 Cr |
| Net Profit | ₹634.69 Cr | ₹86.95 Cr | ₹103.67 Cr | ₹185.48 Cr | ₹122.12 Cr | ₹46 Cr | -₹195.57 Cr |
| Other Comprehensive Income | ₹127.4 Cr | -₹5.22 Cr | -₹9.93 Cr | ₹5.74 Cr | -₹2.32 Cr | -₹5.72 Cr | ₹2.25 Cr |
| Total Comprehensive Income | ₹762.09 Cr | ₹81.73 Cr | ₹93.74 Cr | ₹191.22 Cr | ₹119.8 Cr | ₹40.28 Cr | -₹193.32 Cr |
| EBITDA (computed) | ₹749.04 Cr | ₹309.41 Cr | ₹307.82 Cr | ₹420.63 Cr | ₹282.52 Cr | ₹463.33 Cr | ₹158.92 Cr |
| Basic EPS | ₹44.44 | ₹6.02 | ₹7.17 | ₹12.84 | ₹8.64 | ₹3.25 | ₹-13.83 |
| Diluted EPS | ₹44.44 | ₹6.02 | ₹7.17 | ₹12.84 | ₹8.64 | ₹3.25 | ₹-13.83 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹4,179.99 Cr | ₹3,534.74 Cr | ₹3,072 Cr | ₹3,182.62 Cr |
| Non-current Assets | ₹1,213.29 Cr | ₹836.95 Cr | ₹736.12 Cr | ₹762.72 Cr |
| Current Assets | ₹2,956.71 Cr | ₹2,690.22 Cr | ₹2,312.64 Cr | ₹2,401.09 Cr |
| Property, Plant & Equipment | ₹455.22 Cr | ₹528.8 Cr | ₹440.82 Cr | ₹445.13 Cr |
| Inventories | ₹2,384.07 Cr | ₹2,007.77 Cr | ₹1,494.18 Cr | ₹1,446.52 Cr |
| Trade Receivables | ₹373.53 Cr | ₹434.07 Cr | ₹599.14 Cr | ₹517.57 Cr |
| Cash & Equivalents | ₹15.36 Cr | ₹21.49 Cr | ₹49.24 Cr | ₹36.58 Cr |
| Equity (Net Worth) | ₹1,693.54 Cr | ₹959.82 Cr | ₹946.32 Cr | ₹881.48 Cr |
| Equity Share Capital | ₹144.51 Cr | ₹144.51 Cr | ₹144.51 Cr | ₹144.51 Cr |
| Borrowings (Non-current) | ₹265.63 Cr | ₹107.25 Cr | ₹1,433.09 Cr | ₹1,448.39 Cr |
| Borrowings (Current) | ₹1,431.07 Cr | ₹1,452.04 Cr | ₹55.96 Cr | ₹56.23 Cr |
| Total Debt (computed) | ₹1,696.7 Cr | ₹1,559.29 Cr | ₹1,489.05 Cr | ₹1,504.62 Cr |
| Current Liabilities | ₹2,168.34 Cr | ₹2,408.37 Cr | ₹639.95 Cr | ₹789.36 Cr |
| Total Liabilities | ₹2,486.45 Cr | ₹2,574.92 Cr | ₹2,125.68 Cr | ₹2,301.14 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹517.91 Cr | ₹168.94 Cr | ₹76.65 Cr | ₹173.44 Cr | -₹123.17 Cr |
| Investing Cash Flow | ₹531.49 Cr | -₹122.33 Cr | ₹101.52 Cr | ₹558.07 Cr | ₹337.55 Cr |
| Financing Cash Flow | -₹19.71 Cr | -₹75.49 Cr | -₹165.51 Cr | -₹736.25 Cr | -₹193.45 Cr |
| Capital Expenditure | ₹66.24 Cr | ₹125.24 Cr | ₹49.35 Cr | ₹61.79 Cr | ₹194.41 Cr |
| Free Cash Flow (computed) | -₹584.15 Cr | ₹43.7 Cr | ₹27.3 Cr | ₹111.65 Cr | -₹317.58 Cr |
| Dividends Paid | ₹28.78 Cr | ₹28.82 Cr | ₹28.73 Cr | ₹21.59 Cr | ₹14.09 Cr |
| Net Change in Cash | -₹6.13 Cr | -₹28.88 Cr | ₹12.66 Cr | -₹4.74 Cr | ₹20.93 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,217.98 Cr | ₹1,300.18 Cr | ₹1,144.14 Cr | ₹1,102.39 Cr | ₹1,118.91 Cr | ₹1,282.39 Cr | ₹1,304.36 Cr | ₹1,258.06 Cr | ₹1,257.38 Cr | ₹1,188.4 Cr | ₹1,380.53 Cr | ₹1,391.22 Cr |
| Other Income | ₹514.44 Cr | ₹9.49 Cr | ₹7.72 Cr | ₹42.49 Cr | ₹8.11 Cr | ₹2.71 Cr | ₹3.59 Cr | ₹3.72 Cr | ₹3.86 Cr | ₹5.7 Cr | ₹3.39 Cr | ₹2.65 Cr |
| Total Income | ₹1,732.42 Cr | ₹1,309.67 Cr | ₹1,151.86 Cr | ₹1,144.88 Cr | ₹1,127.02 Cr | ₹1,285.1 Cr | ₹1,307.95 Cr | ₹1,261.78 Cr | ₹1,261.24 Cr | ₹1,194.1 Cr | ₹1,383.92 Cr | ₹1,393.87 Cr |
| Cost of Materials Consumed | ₹899.27 Cr | ₹986.47 Cr | ₹876.35 Cr | ₹812.76 Cr | ₹686.03 Cr | ₹833.66 Cr | ₹896.82 Cr | ₹833.36 Cr | ₹853.91 Cr | ₹780.58 Cr | ₹852.33 Cr | ₹950.11 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹66 Lakh | ₹68 Lakh | ₹44 Lakh | ₹39 Lakh | ₹6 Lakh | ₹5 Lakh | ₹31 Lakh |
| Changes in Inventories | -₹19.22 Cr | -₹138.46 Cr | -₹176.85 Cr | -₹108.44 Cr | -₹5.42 Cr | -₹3.99 Cr | -₹63.07 Cr | -₹45.47 Cr | -₹53.54 Cr | -₹47.2 Cr | ₹70.87 Cr | -₹11.2 Cr |
| Employee Benefit Expense | ₹48.7 Cr | ₹54.22 Cr | ₹49.47 Cr | ₹47.02 Cr | ₹54.41 Cr | ₹58.06 Cr | ₹57.12 Cr | ₹56.01 Cr | ₹52.49 Cr | ₹63.4 Cr | ₹51.55 Cr | ₹51.32 Cr |
| Finance Costs | ₹37.22 Cr | ₹38.44 Cr | ₹36.28 Cr | ₹32.64 Cr | ₹33.3 Cr | ₹31.55 Cr | ₹32.75 Cr | ₹31.95 Cr | ₹31.54 Cr | ₹33.5 Cr | ₹33.04 Cr | ₹33.39 Cr |
| Depreciation & Amortisation | ₹14 Cr | ₹13.64 Cr | ₹13.4 Cr | ₹13.29 Cr | ₹13.17 Cr | ₹12.27 Cr | ₹13.24 Cr | ₹10.79 Cr | ₹11.92 Cr | ₹12.11 Cr | ₹12.08 Cr | ₹12.07 Cr |
| Other Expenses | ₹313.29 Cr | ₹323.45 Cr | ₹318.26 Cr | ₹303.5 Cr | ₹315.57 Cr | ₹322.49 Cr | ₹338.33 Cr | ₹345.9 Cr | ₹319.84 Cr | ₹328.12 Cr | ₹333.56 Cr | ₹328.36 Cr |
| Total Expenses | ₹1,293.26 Cr | ₹1,277.76 Cr | ₹1,116.91 Cr | ₹1,100.77 Cr | ₹1,097.06 Cr | ₹1,254.7 Cr | ₹1,275.87 Cr | ₹1,232.98 Cr | ₹1,216.55 Cr | ₹1,170.57 Cr | ₹1,353.48 Cr | ₹1,364.36 Cr |
| Profit Before Exceptional Items & Tax | ₹439.16 Cr | ₹31.91 Cr | ₹34.95 Cr | ₹44.11 Cr | ₹29.96 Cr | ₹30.4 Cr | ₹32.08 Cr | ₹28.8 Cr | ₹44.69 Cr | ₹23.53 Cr | ₹30.44 Cr | ₹29.51 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹439.16 Cr | ₹31.91 Cr | ₹34.95 Cr | ₹44.11 Cr | ₹29.96 Cr | ₹30.4 Cr | ₹32.08 Cr | ₹28.8 Cr | ₹44.69 Cr | ₹23.53 Cr | ₹30.44 Cr | ₹29.51 Cr |
| Total Tax Expense | -₹121.21 Cr | ₹10.56 Cr | ₹9.99 Cr | ₹8.64 Cr | ₹12.57 Cr | ₹14.26 Cr | ₹7.43 Cr | ₹6.39 Cr | ₹14.27 Cr | ₹2.2 Cr | ₹6.09 Cr | ₹1.94 Cr |
| Net Profit | ₹567.76 Cr | ₹17.21 Cr | ₹15.9 Cr | ₹33.82 Cr | ₹17.39 Cr | ₹16.14 Cr | ₹24.65 Cr | ₹22.41 Cr | ₹30.42 Cr | ₹21.33 Cr | ₹24.35 Cr | ₹27.57 Cr |
| Other Comprehensive Income | ₹130.6 Cr | -₹1.07 Cr | -₹1.06 Cr | -₹1.07 Cr | -₹2.19 Cr | -₹1.01 Cr | -₹1.01 Cr | -₹1.01 Cr | -₹9.81 Cr | -₹7 Lakh | -₹1 Lakh | -₹4 Lakh |
| Total Comprehensive Income | ₹698.36 Cr | ₹16.14 Cr | ₹14.84 Cr | ₹32.75 Cr | ₹15.2 Cr | ₹15.13 Cr | ₹23.64 Cr | ₹21.4 Cr | ₹20.61 Cr | ₹21.26 Cr | ₹24.34 Cr | ₹27.53 Cr |
| EBITDA (computed) | ₹490.38 Cr | ₹83.99 Cr | ₹84.63 Cr | ₹90.04 Cr | ₹76.43 Cr | ₹74.22 Cr | ₹78.07 Cr | ₹71.54 Cr | ₹88.15 Cr | ₹69.14 Cr | ₹75.56 Cr | ₹74.97 Cr |
| Basic EPS | ₹38.78 | ₹1.48 | ₹1.73 | ₹2.45 | ₹1.20 | ₹1.12 | ₹1.71 | ₹1.55 | ₹2.11 | ₹1.48 | ₹1.68 | ₹1.91 |
| Diluted EPS | ₹38.78 | ₹0.00 | ₹1.73 | ₹0.00 | ₹1.20 | ₹1.12 | ₹1.71 | ₹1.55 | ₹2.11 | ₹1.48 | ₹1.68 | ₹1.91 |
| Segment · FY 2023 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Industrial Machinary & Engineering Contracts | ₹140.33 Cr | -₹22.25 Cr | - | - |
| Specialty Steel | ₹5,480.18 Cr | ₹403.32 Cr | - | - |
| less:Inter Segment Margin | ₹0 | -₹36 Lakh | - | - |
Shareholding Pattern of Mukand Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.70%, foreign institutional investors hold 0.26%, domestic institutional investors hold 1.10%, retail and other public shareholders hold 23.93% of Mukand Limited. The company had 49,218 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.70% | 74.70% | 74.70% | 74.70% | 74.70% | 74.70% |
| Public | 25.30% | 25.30% | 25.30% | 25.30% | 25.30% | 25.30% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.70% | 74.70% | 74.70% | 74.36% | 74.72% | 74.35% | 74.35% | 73.71% | 73.12% | 71.68% | 71.68% |
| Public | 25.30% | 25.30% | 25.30% | 25.64% | 25.28% | 25.65% | 25.65% | 26.29% | 26.88% | 28.32% | 28.32% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.34 | -0.36 | +0.37 | +0.00 | +0.64 | +0.59 | +1.44 | +0.00 | - |
Board & Governance of Mukand Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mukand Limited has 6 directors - 3 independent and 2 executive. The board is chaired by NIRAJ RAMKRISHNA BAJAJ.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| NIRAJ RAMKRISHNA BAJAJ | Executive Director · Chairperson | 1989-07-03 | 3 |
| ARVIND M KULKARNI | Non-Executive - Non Independent Director | 2022-06-28 | 1 |
| NIRAVNAYAN NIRAJ BAJAJ | Executive Director | 2023-05-16 | 2 |
| SANKARAN RADHAKRISHNAN | Non-Executive - Independent Director | 2019-05-20 | 1 |
| PREM KUMAR SWAMIDAS CHANDRANI | Non-Executive - Independent Director | 2024-09-10 | 1 |
| TASNEEM VIKRAM SINGH MEHTA | Non-Executive - Independent Director | 2025-02-10 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | SANKARAN RADHAKRISHNAN (Chairperson), ARVIND M KULKARNI, PREM KUMAR SWAMIDAS CHANDRANI, TASNEEM VIKRAM SINGH MEHTA |
| Nomination and remuneration committee | PREM KUMAR SWAMIDAS CHANDRANI (Chairperson), SANKARAN RADHAKRISHNAN, TASNEEM VIKRAM SINGH MEHTA |
| Stakeholders Relationship Committee | PREM KUMAR SWAMIDAS CHANDRANI (Chairperson), SANKARAN RADHAKRISHNAN, NIRAVNAYAN NIRAJ BAJAJ |
| Risk Management Committee | NIRAJ RAMKRISHNA BAJAJ (Chairperson), SANKARAN RADHAKRISHNAN, ARVIND M KULKARNI |
| Corporate Social Responsibility Committee | NIRAJ RAMKRISHNA BAJAJ (Chairperson), SANKARAN RADHAKRISHNAN, NIRAVNAYAN NIRAJ BAJAJ |
Group Structure of Mukand Limited
Mukand Limited has 1 subsidiary company, 1 joint venture, and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Mukand Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mukand Sumi Metal Processing Ltd. | U27300MH2012PLC234000 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Mukand Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2013 | Kotak Mahindra Bank Limited | ₹1.86 Cr | Open |
| 15 Nov 2010 | Srei Equipment Finance Private Limited | ₹36.02 Lakh | Open |
| 18 Nov 2009 | Others | ₹47.75 Cr | Open |
| 01 Aug 2008 | Srei Infrastructure Finance Limited | ₹6.89 Lakh | Open |
| 07 Feb 2006 | Infrastructure Leasing & Financial Services Limited | ₹10 Cr | Open |
Total charge records: 88 View all charges
Employees and EPFO Compliance at Mukand Limited
Mukand Limited has a workforce of 2,341 employees as of Jan 22, 2026.
Employee and EPFO history for Mukand Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Mukand Limited
GST registrations and filing compliance for Mukand Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mukand Limited
Credit ratings, litigation, and regulatory alerts for Mukand Limited
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MSME Payment Delays by Mukand Limited
MSME payment history for Mukand Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Mukand Limited
Corporate group structure for Mukand Limited
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MCA Filings & Documents of Mukand Limited
MCA filings and documents for Mukand Limited
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Recent Activity on Mukand Limited
Recent News on Mukand Limited
Frequently Asked Questions about Mukand Limited
Mukand Limited is an active public limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 29 November 1937 (89+ years old) and is registered under CIN L99999MH1937PLC002726. Listed on BSE: 500460 and NSE: BE : MUKANDLTD. The company has 2,341 employees.
Mukand Limited reported revenue of ₹4,889.83 Cr for FY 2026 (up 0% YoY) based on consolidated NSE filings.
The current directors of Mukand Limited are:
- Sankaran Radhakrishnan - Director
- Arvind Madhav Kulkarni - Director
- Niraj Ramkrishna Bajaj - Managing Director
- Tasneem Vikram Singh Mehta - Director
- Prem Kumar Swamidas Chandrani - Director
- Nirav Nayan Bajaj - Whole-Time Director
The primary industry of Mukand Limited is machinery and equipment. The company specifically operates in material handling and storage equipment. The company is currently active in this sector.
Yes. Mukand Limited is listed on both BSE (code: 500460) and NSE (symbol: BE : MUKANDLTD).
Mukand Limited can be reached at the registered office: Bajaj Bhavanjamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website mukand.com.