Mukand Limited

NSEI:MUKANDLTD Stock Report

Market Cap: ₹16.8b

Mukand Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Arvind Kulkarni

Chief executive officer

₹32.5m

Total compensation

CEO salary percentage0.83%
CEO tenure2.1yrs
CEO ownership0.002%
Management average tenure2.5yrs
Board average tenure2yrs

Recent management updates

Recent updates

There's No Escaping Mukand Limited's (NSE:MUKANDLTD) Muted Earnings Despite A 26% Share Price Rise

May 17
There's No Escaping Mukand Limited's (NSE:MUKANDLTD) Muted Earnings Despite A 26% Share Price Rise

Under The Bonnet, Mukand's (NSE:MUKANDLTD) Returns Look Impressive

Apr 24
Under The Bonnet, Mukand's (NSE:MUKANDLTD) Returns Look Impressive

Mukand Limited's (NSE:MUKANDLTD) Shares Lagging The Market But So Is The Business

Mar 02
Mukand Limited's (NSE:MUKANDLTD) Shares Lagging The Market But So Is The Business

Investors Shouldn't Overlook Mukand's (NSE:MUKANDLTD) Impressive Returns On Capital

Jan 15
Investors Shouldn't Overlook Mukand's (NSE:MUKANDLTD) Impressive Returns On Capital

Mukand's (NSE:MUKANDLTD) Dividend Will Be ₹2.00

Jul 16
Mukand's (NSE:MUKANDLTD) Dividend Will Be ₹2.00

Here's Why Mukand (NSE:MUKANDLTD) Has A Meaningful Debt Burden

Jun 12
Here's Why Mukand (NSE:MUKANDLTD) Has A Meaningful Debt Burden

Mukand Limited (NSE:MUKANDLTD) Stock Catapults 30% Though Its Price And Business Still Lag The Market

Apr 27
Mukand Limited (NSE:MUKANDLTD) Stock Catapults 30% Though Its Price And Business Still Lag The Market

Is Now The Time To Put Mukand (NSE:MUKANDLTD) On Your Watchlist?

Mar 14
Is Now The Time To Put Mukand (NSE:MUKANDLTD) On Your Watchlist?

Mukand (NSE:MUKANDLTD) Is Making Moderate Use Of Debt

Feb 10
Mukand (NSE:MUKANDLTD) Is Making Moderate Use Of Debt

Why Investors Shouldn't Be Surprised By Mukand Limited's (NSE:MUKANDLTD) Low P/E

Dec 23
Why Investors Shouldn't Be Surprised By Mukand Limited's (NSE:MUKANDLTD) Low P/E

If EPS Growth Is Important To You, Mukand (NSE:MUKANDLTD) Presents An Opportunity

Oct 26
If EPS Growth Is Important To You, Mukand (NSE:MUKANDLTD) Presents An Opportunity

Mukand (NSE:MUKANDLTD) Is Increasing Its Dividend To ₹2.00

Jul 15
Mukand (NSE:MUKANDLTD) Is Increasing Its Dividend To ₹2.00

Returns Are Gaining Momentum At Mukand (NSE:MUKANDLTD)

May 23
Returns Are Gaining Momentum At Mukand (NSE:MUKANDLTD)

We Ran A Stock Scan For Earnings Growth And Mukand (NSE:MUKANDLTD) Passed With Ease

Mar 07
We Ran A Stock Scan For Earnings Growth And Mukand (NSE:MUKANDLTD) Passed With Ease

Mukand (NSE:MUKANDLTD) Shareholders Will Want The ROCE Trajectory To Continue

Dec 20
Mukand (NSE:MUKANDLTD) Shareholders Will Want The ROCE Trajectory To Continue

Is Mukand (NSE:MUKANDLTD) Using Too Much Debt?

Jun 21
Is Mukand (NSE:MUKANDLTD) Using Too Much Debt?

Investors Shouldn't Be Too Comfortable With Mukand's (NSE:MUKANDLTD) Robust Earnings

Nov 18
Investors Shouldn't Be Too Comfortable With Mukand's (NSE:MUKANDLTD) Robust Earnings

Is Mukand (NSE:MUKANDLTD) Using Debt In A Risky Way?

Jun 10
Is Mukand (NSE:MUKANDLTD) Using Debt In A Risky Way?

Key Things To Understand About Mukand's (NSE:MUKANDLTD) CEO Pay Cheque

Feb 28
Key Things To Understand About Mukand's (NSE:MUKANDLTD) CEO Pay Cheque

Could The Mukand Limited (NSE:MUKANDLTD) Ownership Structure Tell Us Something Useful?

Jan 31
Could The Mukand Limited (NSE:MUKANDLTD) Ownership Structure Tell Us Something Useful?

Is Mukand (NSE:MUKANDLTD) Weighed On By Its Debt Load?

Dec 26
Is Mukand (NSE:MUKANDLTD) Weighed On By Its Debt Load?

If You Had Bought Mukand (NSE:MUKANDLTD) Shares A Year Ago You'd Have Earned 78% Returns

Nov 21
If You Had Bought Mukand (NSE:MUKANDLTD) Shares A Year Ago You'd Have Earned 78% Returns

Estimating The Intrinsic Value Of Mukand Limited (NSE:MUKANDLTD)

Sep 29
Estimating The Intrinsic Value Of Mukand Limited (NSE:MUKANDLTD)

CEO Compensation Analysis

How has Arvind Kulkarni's remuneration changed compared to Mukand's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

₹759m

Dec 31 2024n/an/a

₹941m

Sep 30 2024n/an/a

₹986m

Jun 30 2024n/an/a

₹961m

Mar 31 2024₹32m₹270k

₹1b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹12m₹11m

₹2b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022n/an/a

₹2b

Dec 31 2021n/an/a

₹684m

Sep 30 2021n/an/a

₹979m

Jun 30 2021n/an/a

-₹31m

Mar 31 2021n/an/a

-₹2b

Dec 31 2020n/an/a

-₹2b

Sep 30 2020n/an/a

-₹4b

Jun 30 2020n/an/a

-₹3b

Mar 31 2020₹8m₹8m

-₹2b

Dec 31 2019n/an/a

-₹2b

Sep 30 2019n/an/a

-₹2b

Jun 30 2019n/an/a

-₹1b

Mar 31 2019₹11m₹10m

-₹1b

Compensation vs Market: Arvind's total compensation ($USD381.03K) is above average for companies of similar size in the Indian market ($USD191.00K).

Compensation vs Earnings: Arvind's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Arvind Kulkarni (73 yo)

2.1yrs
Tenure
₹32,450,000
Compensation

Mr. Arvind Madhav Kulkarni serves as Chief Executive Officer at Mukand Limited and serves as its Director since April 13, 2023 and served as its Chief of Business Strategy of Steel Division. He served as P...

Leadership Team

NamePositionTenureCompensationOwnership
Nirajkumar Bajaj
Chairman & MD35.8yrs₹17.33m8.94%
₹ 1.5b
Arvind Kulkarni
CEO & Directorno data₹32.45m0.0024%
₹ 410.7k
Nirav Bajaj
Whole-Time Director2yrs₹4.00mno data
Dhanesh Goradia
Chief Financial Officer2.9yrsno datano data
Rajendra Sawant
Head of Legal & Secretarial3yrsno datano data
Gurnam Singh
Chief Business Officer of MBD4.3yrsno datano data
Subhankar Pal
Chief Operating Officer of Steel Plantno datano datano data
Neeraj Kant
Chief Executive Officer of Stainless Steel Divisionless than a yearno datano data
V. Mashruwala
President of MSSSLless than a yearno datano data
2.5yrs
Average Tenure
64yo
Average Age

Experienced Management: MUKANDLTD's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nirajkumar Bajaj
Chairman & MD35.8yrs₹17.33m8.94%
₹ 1.5b
Arvind Kulkarni
CEO & Director2.1yrs₹32.45m0.0024%
₹ 410.7k
Nirav Bajaj
Whole-Time Director2yrs₹4.00mno data
Radhakrishnan Sankaran
Non-Executive Independent Director6yrs₹1.00m0.00058%
₹ 97.6k
Tasneem Vikram Mehta
Independent Directorless than a yearno datano data
Prem Kumar Chandrani
Independent Directorless than a yearno datano data
2.0yrs
Average Tenure
70yo
Average Age

Experienced Board: MUKANDLTD's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/24 10:36
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mukand Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Parin TannaBatlivala & Karani Securities India Pvt. Ltd.
Nagaraju AirruvaFirstCall Research