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5004

MukandBSE:500460 Stock Report

Market Cap

₹20.0b

7D

-2.5%

1Y

189.0%

Updated

18 Oct, 2021

Data

Company Financials
500460 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends1/6

500460 Overview

Mukand Limited engages in the manufacture and sale of alloy and stainless steel products in India.

Mukand Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mukand
Historical stock prices
Current Share Price₹141.60
52 Week High₹43.60
52 Week Low₹166.50
Beta1.29
1 Month Change-0.98%
3 Month Change2.98%
1 Year Change188.98%
3 Year Change154.22%
5 Year Change101.28%
Change since IPO209.85%

Recent News & Updates

Shareholder Returns

500460IN Metals and MiningIN Market
7D-2.5%11.3%2.8%
1Y189.0%159.3%68.3%

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.

Price Volatility

Is 500460's price volatile compared to industry and market?
500460 volatility
500460 Beta1.29
Industry Beta1.22
Market Beta1

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

FoundedEmployeesCEOWebsite
19371,543A. Kulkarnihttps://www.mukand.com

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

How do Mukand's earnings and revenue compare to its market cap?
500460 fundamental statistics
Market Cap₹20.02b
Earnings (TTM)-₹31.00m
Revenue (TTM)₹32.06b

0.6x

P/S Ratio

-645.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500460 income statement (TTM)
Revenue₹32.06b
Cost of Revenue₹25.39b
Gross Profit₹6.67b
Expenses₹6.70b
Earnings-₹31.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin20.80%
Net Profit Margin-0.096%
Debt/Equity Ratio447.6%

How did 500460 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

-456%

Payout Ratio

Valuation

Is Mukand undervalued compared to its fair value and its price relative to the market?

4.33x

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).


Future Growth

How is Mukand forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-11.9%

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.


Past Performance

How has Mukand performed over the past 5 years?

-56.5%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

What is Mukand current dividend yield, its reliability and sustainability?

0.71%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

A. Kulkarni (70 yo)

no data

Tenure

₹8,300,000

Compensation

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.


Leadership Team

Experienced Management: 500460's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: 500460's board of directors are considered experienced (6.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mukand Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Mukand Limited
  • Bajaj Bhawan
  • 3rd Floor
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:11
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.