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MUKANDLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 2.1 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.
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Mukand Limited's Board has recommended a dividend of Rs. 3 per equity share (30% on Rs. 10 face value) for FY 2025-26, subject to shareholder approval at the AGM. This includes a special one-time payout of Rs. 1 per share to celebrate 100 years of the Bajaj Group. For FY 2025-26, the company reported standalone revenue of Rs. 4,762.30 crore and consolidated PAT of Rs. 604.15 crore, with consolidated EPS of Rs. 41.81. The Board also approved infusion of up to Rs. 160 crore into its wholly-owned subsidiary Mukand Heavy Engineering Limited. Additionally, the company completed sale of land parcels at Dighe and transferred its Industrial Machinery Division to the subsidiary via slump sale for Rs. 45.78 crore.
The dividend declaration signals financial health and rewards shareholders, while the special payout for Bajaj Group's centenary adds festive appeal. The strong EPS and asset monetisation through land sales indicate robust performance, though the Rs. 160 crore subsidiary infusion represents a significant capital outflow.