MUKAND chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 327.98
Dividend & Yield1.00₹ (0.84%)
Beta 1.26
Market capitalization 16.84B
Operating cash flow -918.3M
ESG Scores unknown

Company description

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. The Industrial Machinery and Engineering Contracts segment provides EOT and gantry cranes, port and shipyard cranes, material handling equipment, steel structural, processing plant and equipment, etc. for ferrous and non-ferrous industries, as well as rolling mills, power, nuclear, and defense applications; and engineering services. The Others segment in involved in road construction, property development, and non-banking financial activities. Mukand Limited also exports its products to the Unites States, Germany, Italy, the Netherlands, Switzerland, the United Arab Emirates, Japan, Korea, Hong Kong, Taiwan, and Vietnam. The company was formerly known as Mukand Iron & Steel Works Limited and changed its name to Mukand Limited in March 1989. Mukand Limited was incorporated in 1937 and is based in Mumbai, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio0.68
Working Capital0.21
Return On Equity0.28
Debt To Equity1.42
Fixed Asset Ratio0
Fixed Interest Cover1.3

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -2.11B 42.5M -3.22B 754.7M
Total Cashflows From Investing Activities 72.1M 115.8M 13.45B 3B
Net Borrowings 4.5B 1.51B -7.07B -455.1M
Total Cash From Financing Activities 395.2M -1.59B -9.97B -1.96B
Change To Operating Activities 2.02B 942M 2.72B -1.08B
Issuance Of Stock
Net Income -1.15B -2.4B -2.04B 1.77B
Change In Cash -90.2M 21.9M 198.9M 121.3M
Effect Of Exchange Rate
Total Cash From Operating Activities -557.5M 1.5B -3.28B -918.3M
Depreciation 582.7M 754M 679.3M 447.8M
Change To Account Receivables -1.9B 215.6M -3.59B 411.5M
Other Cashflows From Financing Activities -4.11B -3.1B -2.9B -1.37B
Change To Netincome 3.5B 3.07B -404.6M 78.3M
Capital Expenditures -112.5M -221.7M -64.1M -2.31B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax -1.58B -2.96B -1.55B 1.62B
Net Income -1.15B -2.4B -2.04B 1.77B
Selling General Administrative 2.11B 1.92B 1.92B 1.91B
Gross Profit 16.59B 13.02B 8.5B 11.45B
Ebit 1.28B 530.4M -5.17B 2.09B
Operating Income 1.28B 530.4M -5.17B 2.09B
Interest Expense -3.22B -3.59B -3.27B -1.61B
Income Tax Expense -428M -565.7M 490.7M -154.2M
Total Revenue 36.89B 29.23B 27.26B 46.37B
Cost Of Revenue 20.3B 16.2B 18.76B 34.92B
Total Other Income ExpenseNet -2.86B -3.49B 3.62B -469.4M
Net Income From Continuing Ops -1.15B -2.4B -2.04B 1.77B
Net Income Applicable To Common Shares -1.15B -2.4B -2.04B 1.77B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 35.53B 37.89B 27.75B 28.44B
Total Stockholder Equity 9.15B 6.71B 4.63B 6.24B
Other Current Liabilities 518.1M 1.21B 486.4M 2.64B
Total Assets 44.68B 44.6B 32.37B 34.68B
Common Stock 1.41B 1.41B 1.41B 1.41B
Other Current Assets 2.07B 1.78B 1.48B 4.51B
Retained Earnings 6.62B 4.16B 2.12B
Treasury Stock 115.9M 135.2M 93.2M 4.83B
Cash 78M 99.9M 298.8M 2.09B
Total Current Liabilities 18.99B 18.6B 9.47B 19.05B
Other Stockholder Equity 115.9M 135.2M 93.2M 4.83B
Property, Plant, and Equipment 5.25B 5.39B 4.66B 5.08B
Total Current Assets 25.06B 25.54B 25.7B 27.42B
Net Tangible Assets 9.12B 6.64B 4.56B 6.2B
Net Receivables 10.35B 9.7B 8.58B 6.4B
Accounts Payable 7.62B 7.62B 4.28B 4.95B


Insider Transactions

Here are the insider transactions of stock shares related to MUKAND:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bachhraj & Factories Pvt Ltd.Acquisition at price 1.53 per share.D2022-05-23Promoter20k
Bachhraj & Factories Pvt Ltd.Acquisition at price 1.50 per share.D2022-05-20Promoter20k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2022-03-22Promoter33.51k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2022-03-02Promoter141
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2022-02-28Promoter8.54k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2022-02-25Promoter28.05k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.58 per share.D2022-02-24Promoter35.42k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.70 per share.D2022-02-23Promoter16.12k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2022-02-22Promoter57.7k
Bajaj (Kumud)Gift at price 1.72 per share.D2022-02-07Promoter30.29k
Bajaj (Kumud)Gift at price 1.72 per share.D2022-02-07Promoter219k
Bajaj (Kumud)I2022-02-07Promoter
Bajaj (Madhur)Gift at price 1.72 per share.D2022-02-07Promoter30k
Bajaj (Madhur)Gift at price 1.72 per share.D2022-02-07Promoter218.71k
Bajaj (Madhur)I2022-02-07Promoter
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.70 per share.D2021-12-31Promoter2.87k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.70 per share.D2021-12-31Promoter2.71k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.70 per share.D2021-12-30Promoter1.99k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.70 per share.D2021-12-30Promoter46.94k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.69 per share.D2021-12-29Promoter458
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.69 per share.D2021-12-29Promoter7.21k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.69 per share.D2021-12-28Promoter387
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.69 per share.D2021-12-28Promoter12.02k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.69 per share.D2021-12-27Promoter1.8k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.69 per share.D2021-12-27Promoter6.23k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-24Promoter5.03k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-24Promoter21.32k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-23Promoter48
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-23Promoter1.75k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-22Promoter20.92k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-21Promoter4.24k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-21Promoter11.65k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-13Promoter3.83k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-13Promoter3.31k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-10Promoter354
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-10Promoter3.16k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-09Promoter16.4k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-09Promoter6.56k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-08Promoter14.88k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-08Promoter8.85k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-07Promoter257k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-07Promoter5.21k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-12-02Promoter295.72k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-02Promoter15.72k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-01Promoter24.77k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-12-01Promoter14.81k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-11-30Promoter16.16k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-11-30Promoter24.11k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.67 per share.D2021-11-30Promoter24.11k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.68 per share.D2021-11-30Promoter24.11k
Bachhraj & Co Pvt. Ltd.Acquisition at price 1.60 per share.D2021-11-29Promoter7.63M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MUKAND. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MUKAND

Here is the result of two systematic investment strategies applied to MUKAND. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MUKAND

The following chart shows the equity curve of the two systematic investment strategies applied to MUKAND:

MUKAND automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 181.64% on the backtest period.

Performance at glance

Performance

181.64 %

Latent gain

4630.85 ₹

Invested capital

2549.45 ₹

Annualized return

43.04 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on MUKAND

This is the result of two momentum investment strategies applied to MUKAND. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MUKAND

The following chart shows all the entries opened by the momentum investment system on MUKAND:

MUKAND momentum entries
  • The first momentum investment strategy would give 159.42% of return on MUKAND. That represents 8077.15₹ of latent gain with 5066.45₹ of employed capital.
  • The second momentum investment strategy would give 167.29% of return on MUKAND. That represents 5865.0₹ of latent gain with 3505.9₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

159.42 %

Latent gain

8077.15 ₹

Invested capital

5066.45 ₹

Annualized return

-3.67 %
Performance at glance (2Q Momentum)

Performance

167.29 %

Latent gain

5865.0 ₹

Invested capital

3505.9 ₹

Annualized return

44.73 %

Momentum equity curve on MUKAND

The following chart shows the equity curve of the two momentum strategies applied to MUKAND:

MUKAND momentum equity

Note: the dividends potentially given by MUKAND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MUKAND

The following chart shows the employed capital evolution of the two momentum strategies on MUKAND since the beginning:

MUKAND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on MUKAND

Buy the dip entry openings on MUKAND

MUKAND

The performance achieved by the robo-advisor on MUKAND is -8.15%. That represents -21.6$ of latent gain with 265.0₹ of employed capital. The following chart shows MUKAND stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MUKAND, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-8.15 %

Latent gain

-21.6 ₹

Invested capital

265.0 ₹

Annualized return

-3.67 %

Equity curve of the strategy applied to MUKAND

The following chart shows the result of the investment strategy applied to MUKAND:

MUKAND

Note: the dividends potentially given by MUKAND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MUKAND

The following chart shows the employed capital evolution since the beginning of the investment strategy on MUKAND:

MUKAND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MUKAND

In this section, I will compare the three previous investment strategies applied to MUKAND.

Equity curve comparison on MUKAND

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MUKAND investment strategy comparison

Employed capital comparison on MUKAND

MUKAND investment comparison

Performance comparison on MUKAND

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 181.64% 4630.85₹ 2549.45₹ 43.04%
Momentum 1 quarter 159.42% 8077.15₹ 5066.45₹ 40.06%
Momentum 2 quarters 167.29% 5865.0₹ 3505.9₹ 44.73%
Non-directional -8.15% -21.6₹ 265.0₹ -3.67%
Annualized return comparison

Automatic investment

43.04 %

Momentum 1Q

44.73 %

Momentum 2Q

44.73 %

Non-directional

-3.67 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MUKAND:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MUKAND and the other stocks. There may be false positives or some missing correlated stocks. If the price of MUKAND does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MUKAND
Country India
City Mumbai
Address Bajaj Bhawan
Phone 91 22 6121 6666
Website www.mukand.com
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker MUKANDLTD.XNSE
Market

MUKAND ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown