Mukand Limited engages in the manufacture and sale of alloy and stainless steel products in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹141.60|
|52 Week High||₹43.60|
|52 Week Low||₹166.50|
|1 Month Change||-0.98%|
|3 Month Change||2.98%|
|1 Year Change||188.98%|
|3 Year Change||154.22%|
|5 Year Change||101.28%|
|Change since IPO||209.85%|
Recent News & Updates
|500460||IN Metals and Mining||IN Market|
Return vs Industry: 500460 exceeded the Indian Metals and Mining industry which returned 150.3% over the past year.
Return vs Market: 500460 exceeded the Indian Market which returned 68.3% over the past year.
Stable Share Price: 500460 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 500460's weekly volatility (6%) has been stable over the past year.
About the Company
Mukand Limited engages in the manufacture and sale of alloy and stainless steel products in India. It operates through Steel, Industrial Machinery and Engineering Contracts, and Others segments. The Steel segment offers billets, blooms, rounds, wire rods, bars, rods and sections, bright bars, and wires of special and alloy steel and stainless steel.
Mukand Fundamentals Summary
|500460 fundamental statistics|
Is 500460 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500460 income statement (TTM)|
|Cost of Revenue||₹25.39b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.22|
|Net Profit Margin||-0.096%|
How did 500460 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is Mukand undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 500460 (₹141.6) is trading above our estimate of fair value (₹12.77)
Significantly Below Fair Value: 500460 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500460 is unprofitable, so we can't compare its PE Ratio to the Indian Metals and Mining industry average.
PE vs Market: 500460 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500460's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500460 is overvalued based on its PB Ratio (4.3x) compared to the IN Metals and Mining industry average (1.7x).
How is Mukand forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mukand has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Mukand performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500460 is currently unprofitable.
Growing Profit Margin: 500460 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500460 is unprofitable, and losses have increased over the past 5 years at a rate of 56.5% per year.
Accelerating Growth: Unable to compare 500460's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500460 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (129.5%).
Return on Equity
High ROE: 500460 has a negative Return on Equity (-0.67%), as it is currently unprofitable.
How is Mukand's financial position?
Financial Position Analysis
Short Term Liabilities: 500460's short term assets (₹25.7B) exceed its short term liabilities (₹9.5B).
Long Term Liabilities: 500460's short term assets (₹25.7B) exceed its long term liabilities (₹18.3B).
Debt to Equity History and Analysis
Debt Level: 500460's debt to equity ratio (447.6%) is considered high.
Reducing Debt: 500460's debt to equity ratio has increased from 185.2% to 447.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 500460 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 500460 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 39% each year.
What is Mukand current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500460's dividend (0.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 500460's dividend (0.71%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).
Stability and Growth of Payments
Stable Dividend: 500460's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500460's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 500460 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
A. Kulkarni (70 yo)
Mr. A. M. Kulkarni has been the Chief Executive Officer at Mukand Limited and served as its Chief of Business Strategy of Steel Division. He has been Chief Executive of Steel Plant - Thane for Steel Divisi...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether A.'s total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: A.'s compensation has been consistent with company performance over the past year.
Experienced Management: 500460's management team is considered experienced (2.7 years average tenure).
Experienced Board: 500460's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500460 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mukand Limited's employee growth, exchange listings and data sources
- Name: Mukand Limited
- Ticker: 500460
- Exchange: BSE
- Founded: 1937
- Industry: Steel
- Sector: Materials
- Market Cap: ₹20.023b
- Shares outstanding: 141.41m
- Website: https://www.mukand.com
Number of Employees
- Mukand Limited
- Bajaj Bhawan
- 3rd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:11|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.