147.64
-0.90%
Close of 9 Nov 2026, in INR
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About Mukand
Its shares trade on NSE under the ticker MUKANDLTD.NS. It has been listed since 3 November 1994. In the fiscal year to 31 March 2025, it reported revenue of ₹48.90bn and net income of ₹758.9m. At that date it held total assets of ₹35.42bn and shareholders' equity of ₹9.50bn.
Mukand Ltd. engages in the manufacture and sale of alloy steel products, rods, structurals, rails, and stainless steel bars. The company is headquartered in Mumbai, Maharashtra. The firm's segments include Specialty Steel, Industrial Machinery and Engineering Contracts, and Others. The Specialty Steel segment includes products, such as billets, blooms, rounds, wire rods, bars, rods and sections, bright bars and wires of special and alloy steel and stainless steel. The Industrial Machinery and Engineering Contracts segment products include electric overhead traveling (EOT) and other cranes, steel structurals, material handling equipment, and processing plant and equipment, among others. The Others segment comprises of road construction, property development and operations of non-banking financial activities. Its crane products include EOT crane, girder crane and shipyard cranes.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 3 Nov 1994
- Employees
- 1,607
- Website
- mukand.com ↗
Leadership
Pay as last reported
- Shri. Nirajkumar BajajChairman of the Board, Managing Director, since 2007₹11.2m
- Shri. A. KulkarniChief Executive Officer, since 2020
- Shri. Dhanesh GoradiaChief Financial Officer
- Shri. Neeraj KantChief Executive Officer - Kalwe Steel Plant
- Mr. V. RatnaprasadChief Executive Officer - Steel Plant, Ginigera
- Mr. Gurnam SinghChief Executive - Industrial Machinery Division
- Shri. Rajendra SawantCompliance Officer, Company Secretary
- Shri. Nirav BajajWhole-Time Director, since 2023
- Mr. Prem ChandraniIndependent Director
- Mrs. Tasneem MehtaAdditional Independent Director
- Shri. Sankaran RadhakrishnanNon-Executive Independent Director₹580,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Mukand Ltd. specializes in alloy steel products and stainless steel bars with strong market presence in India.
- The company's Specialty Steel segment offers diverse products like billets, blooms, and bright bars for industrial use.
- Mukand Ltd. has a robust portfolio including EOT cranes and steel structurals for engineering contracts.
Weaknesses
- Mukand Ltd. faces limited international expansion beyond India's domestic market.
- The company's reliance on the Indian market for revenue growth may pose risks.
- Mukand Ltd. has a relatively small employee count compared to industry giants.
Opportunities
- Growing demand for stainless steel in the Indian construction sector presents new market opportunities.
- Expansion into non-banking financial activities within the Others segment could yield higher profits.
- Increasing infrastructure projects in India may boost demand for Mukand's steel structurals.
Threats
- Competition from global steel manufacturers could impact Mukand's market share.
- Economic downturns in India might reduce demand for industrial steel products.
- Regulatory changes in the Metals & Mining sector could increase operational costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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