Mukand Limited

Multi-division conglomerate manufacturing specialty steel and industrial machinery with high production capacity.

1937 | Mumbai, Maharashtra (India) | Active
Last Updated: June 29, 2024

Mukand Profile

Key Indicators

  • Authorised Capital ₹ 160.00 Cr
  • Paid Up Capital ₹ 144.51 Cr
  • Company Age 87 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.61 Cr
  • Satisfied Charges ₹ 4,767.72 Cr
  • Revenue Growth 33.06%
  • Profit Growth 51.88%
  • Ebitda -167.58%
  • Net Worth -12.12%
  • Total Assets -10.13%

About Mukand

Mukand Limited (ML) was founded in India on 29 November 1937 and has a glorious history of 87 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500460 and on the National Stock Exchange(NSE) under BE : MUKANDLTD.

The Corporate was formerly known as Mukand Lron & Steel Works Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 160.00 Cr and a paid-up capital of Rs 144.51 Cr.

The company currently has active open charges totaling ₹14.61 Cr. The company has closed loans amounting to ₹4,767.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mukand Limited India are Rajendra Sawant as COMPANY SECRETARY and Dhanesh Goradia as Cfo. Niravnayan Bajaj, Amit Yadav, Arvind Kulkarni, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mukand.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1937PLC002726

  • Company No.

    002726

  • Stock Symbol

    BSE : 500460 NSE : BE : MUKANDLTD

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1937

  • Date of AGM

    11 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Metals and Minerals

What products or services does Mukand Limited offer?

Mukand Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane, Material Handling Cranes, Cement Plant Machinery & Parts, Milling & Grinding Tools, Milling Machine Accessories, Transport Agents & Bulk Carriers, Goods Transport Services, Industrial Furnaces & Ovens, Furnace Structure.

Who are the key members and board of directors at Mukand?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajendra Sawant Country flag representing In Company Secretary17-May-2022Current
Dhanesh Goradia CFO01-Jun-2022Current
Nirajkumar Bajaj Country flag representing In Managing Director05-Jul-2008Current

Board Members (6)

NameDesignationAppointment DateStatus
Sankaran Radhakrishnan Country flag representing In Director 20-May-2019Current
Amit Yadav Country flag representing In Director 27-Oct-2010Current
Niravnayan Bajaj Country flag representing In Whole-Time Director 16-May-2023Current
Arvind Kulkarni Country flag representing In Director 28-Jun-2022Current
Bharti Gandhi Country flag representing In Director 11-Feb-2015Current
Prakash Mehta Country flag representing In Director 27-Sep-2007Current

Financial Performance of Mukand.

Mukand Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.06% increase. The company also saw a substantial improvement in profitability, with a 51.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.12%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.06%
Revenue from Operations
21.53%
Total Assets
-10.13%
Profit or Loss
51.88%
Net Worth
-12.12%
EBITDA
-167.58%

What is the Ownership and Shareholding Structure of Mukand?

In 2023, Mukand had a promoter holding of 74.36% and a public holding of 25.64%. The company had 1 Subsidiary, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.61 Cr

Satisfied Charges

₹4,767.72 Cr

Charges Breakdown by Lending Institutions

  • Infrastructure Leasing & Financial Services Limited : 10.00 Cr
  • Others : 4.61 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2022Others₹4.61 CrOpen
07 Feb 2006Infrastructure Leasing & Financial Services Limited₹10.00 CrOpen
24 Jan 2020Others₹200.00 CrSatisfied
15 Apr 2019Others₹25.00 CrSatisfied
25 Mar 2019Others₹10.00 CrSatisfied

How Many Employees Work at Mukand?

Mukand has a workforce of 2250 employees as of Mar 20, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mukand, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mukand's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mukand

Recent activity within the organization

  • Annual General Meeting

    Mukand Limited last Annual general meeting of members was held on 11 Aug 2023 as per latest MCA records.

    11 Aug 2023

  • Director Appointment

    Niravnayan Niraj Bajaj was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 May 2023 & has been associated with this company since 1 year 9 months .

    16 May 2023

  • Balance Sheet

    Mukand Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Arvind Madhav Kulkarni was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 2 years 7 months .

    28 Jun 2022

  • Charges

    A charge registered on 17 Oct 2006 via Charge ID 10024169 with Dena Bank was fully satisfied on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge registered on 26 Dec 2003 via Charge ID 80005610 with Others was fully satisfied on 25 Jan 2022.

    25 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Mukand Limited was incorporated on 29 Nov 1937.

  • The authorized share capital of Mukand Limited is ₹ 160.00 Cr and paid-up capital is ₹ 144.51 Cr.

  • Currently 9 directors are associated with Mukand Limited.

    • Rajendra Dattaram Sawant
    • Dhanesh Kanaiyalal Goradia
    • Niravnayan Niraj Bajaj
    • Amit Yadav
    • Arvind Madhav Kulkarni
    • Sankaran Radhakrishnan
    • Bharti Ram Gandhi
    • Nirajkumar Ramkrishnaji Bajaj
    • Prakash Vasantlal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mukand Limited is Bajaj Bhavanjamnalal Marg 226 Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Mukand Limited is L99999MH1937PLC002726 and the company number is 002726 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mukand Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : MUKANDLTD.

  • The Official website of Mukand Limited is https://www.mukand.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mukand Limited has risen by 33.06%.

  • As Per 2023 financial reports, 2250 employees are currently employed by Mukand Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mukand Limited has experienced an downturn of -12.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mukand Limited amount to ₹ 14.61 Cr.

  • The most recent Balance Sheet for Mukand Limited was filed with the ROC on 31 Mar 2023.

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