Financial Result

Revenue DeclinePat Growth 25pctResults RestatedRelated Party TransactionsResults View source PDF Explain this filing

MUKANDLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+10.4%Reaction day

₹124.98

prior close

₹126.97

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%+11.2% vs market

Iron & Steel Products peers, median of 91sector-0.9%+11.2% vs sector

On the reaction day the stock moved 11.2 pts more than Nifty Microcap 250 and 11.2 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.6

10m

+1.8

15m

+1.7

30m

+2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+10.4-0.8+11.2-0.9+11.2

Next day

+9.2-0.7+9.9-1.6+10.8

+6.6-0.6+7.2-1.4+7.9

+8.7+0.0+8.7-1.1+9.8

+8.0-0.8+8.8-2.2+10.2

+9.9+0.7+9.1-1.5+11.3

+9.5+1.9+7.7-1.1+10.7

15d

+6.4+0.9+5.5-1.9+8.4

+9.6+1.7+7.9-0.4+10.0

+6.3+0.2+6.1-3.1+9.4

+8.5+0.8+7.7-4.5+13.0

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mukand Limited reported Q1 FY26 standalone revenue from operations of Rs. 1,102.39 crore, down ~7.2% from Rs. 1,188.66 crore in Q1 FY25. Despite the revenue dip, standalone profit after tax jumped ~29% to Rs. 33.82 crore (from Rs. 26.19 crore), with EPS rising sharply to Rs. 2.45 vs Rs. 1.21, aided by lower raw material costs and higher other income. Consolidated PAT grew ~20% to Rs. 29.03 crore on revenue of Rs. 1,128.71 crore (down ~10%). The board approved the sale of ~20 acres of land in Thane for Rs. 673 crore (Rs. 110 crore advance already received). The Industrial Machinery Division has been classified as discontinued operations ahead of its slump sale to wholly-owned subsidiary Mukand Heavy Engineering Limited.

Likely market impact

Strong profit growth on cost optimisation is positive for shareholders, though revenue softness in the core Specialty Steel segment warrants attention. The Rs. 673 crore land sale and the discontinued-operations reclassification are significant one-time events that could boost future cash flows and sharpen focus on the steel business.