Mukand Limited
Mukand Limited engages in the manufacture and sale of alloy and stainless steel products in India and internationally. It operates through the Steel, Industrial Machinery and Engineering Contracts, and Others segments. The Steel segment offers billets, blooms, rounds, wire rods, bars, rods and sections, and bright bars, as well as wires of special, alloy, and stainless steel. Its Industrial Machi… Read more
Mukand Limited (MUKANDLTD) - Net Assets
Latest net assets as of September 2025: ₹9.57 Billion INR
Based on the latest financial reports, Mukand Limited (MUKANDLTD) has net assets worth ₹9.57 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹37.76 Billion) and total liabilities (₹28.18 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹9.57 Billion |
| % of Total Assets | 25.36% |
| Annual Growth Rate | 3.98% |
| 5-Year Change | 105.31% |
| 10-Year Change | -51.87% |
| Growth Volatility | 71.1 |
Mukand Limited - Net Assets Trend (2005–2025)
This chart illustrates how Mukand Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mukand Limited (2005–2025)
The table below shows the annual net assets of Mukand Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹9.50 Billion | +3.10% |
| 2024-03-31 | ₹9.21 Billion | +7.88% |
| 2023-03-31 | ₹8.54 Billion | +36.74% |
| 2022-03-31 | ₹6.24 Billion | +34.99% |
| 2021-03-31 | ₹4.63 Billion | -31.03% |
| 2020-03-31 | ₹6.71 Billion | -26.70% |
| 2019-03-31 | ₹9.15 Billion | -15.26% |
| 2018-03-31 | ₹10.80 Billion | +266.68% |
| 2017-03-31 | ₹2.94 Billion | -85.08% |
| 2016-03-31 | ₹19.73 Billion | -0.46% |
| 2015-03-31 | ₹19.82 Billion | 0.00% |
| 2014-03-31 | ₹19.82 Billion | +4.38% |
| 2013-03-31 | ₹18.99 Billion | -7.20% |
| 2012-03-31 | ₹20.46 Billion | -4.27% |
| 2011-03-31 | ₹21.38 Billion | +19.66% |
| 2010-03-31 | ₹17.87 Billion | +2.83% |
| 2009-03-31 | ₹17.37 Billion | +159.19% |
| 2008-03-31 | ₹6.70 Billion | +6.88% |
| 2007-03-31 | ₹6.27 Billion | +16.33% |
| 2006-03-31 | ₹5.39 Billion | +23.84% |
| 2005-03-31 | ₹4.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mukand Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 719440700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹5.70 Billion | 59.98% |
| Common Stock | ₹1.45 Billion | 15.22% |
| Other Comprehensive Income | ₹1.35 Billion | 14.24% |
| Other Components | ₹1.00 Billion | 10.55% |
| Total Equity | ₹9.50 Billion | 100.00% |
Mukand Limited Competitors by Market Cap
The table below lists competitors of Mukand Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Johnson Chemical Pharmaceutical Works Co Ltd
TWO:4747
|
$43.71 Million |
|
Finger Inc.
KQ:163730
|
$43.71 Million |
|
Q.S.I Co. LTD
KQ:066310
|
$43.72 Million |
|
Alpha Lithium Corporation
OTCQX:ALLIF
|
$43.72 Million |
|
Sungchang Hold
KO:000180
|
$43.70 Million |
|
Naturel Yenilenebilir Enerji Ticare
IS:NATEN
|
$43.70 Million |
|
Qualicorp Consultoria e Corretora de Seguros S.A
SA:QUAL3
|
$43.69 Million |
|
GRP Limited
NSE:GRPLTD
|
$43.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mukand Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,211,000,000 to 9,496,200,000, a change of 285,200,000 (3.1%).
- Net income of 758,900,000 contributed positively to equity growth.
- Dividend payments of 288,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,342,000,000.
- Other factors decreased equity by 1,527,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹758.90 Million | +7.99% |
| Dividends Paid | ₹288.20 Million | -3.03% |
| Other Comprehensive Income | ₹1.34 Billion | +14.13% |
| Other Changes | ₹-1.53 Billion | -16.09% |
| Total Change | ₹- | 3.10% |
Book Value vs Market Value Analysis
This analysis compares Mukand Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.13x to 1.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹59.55 | ₹126.79 | x |
| 2006-03-31 | ₹73.74 | ₹126.79 | x |
| 2007-03-31 | ₹85.79 | ₹126.79 | x |
| 2008-03-31 | ₹91.69 | ₹126.79 | x |
| 2009-03-31 | ₹237.64 | ₹126.79 | x |
| 2010-03-31 | ₹244.35 | ₹126.79 | x |
| 2011-03-31 | ₹292.38 | ₹126.79 | x |
| 2012-03-31 | ₹279.90 | ₹126.79 | x |
| 2013-03-31 | ₹248.76 | ₹126.79 | x |
| 2014-03-31 | ₹245.55 | ₹126.79 | x |
| 2015-03-31 | ₹132.40 | ₹126.79 | x |
| 2016-03-31 | ₹131.63 | ₹126.79 | x |
| 2017-03-31 | ₹12.68 | ₹126.79 | x |
| 2018-03-31 | ₹76.36 | ₹126.79 | x |
| 2019-03-31 | ₹64.70 | ₹126.79 | x |
| 2020-03-31 | ₹47.43 | ₹126.79 | x |
| 2021-03-31 | ₹32.71 | ₹126.79 | x |
| 2022-03-31 | ₹43.21 | ₹126.79 | x |
| 2023-03-31 | ₹59.09 | ₹126.79 | x |
| 2024-03-31 | ₹63.75 | ₹126.79 | x |
| 2025-03-31 | ₹65.57 | ₹126.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mukand Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.55%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 3.73x
- Recent ROE (7.99%) is above the historical average (3.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 25.80% | 6.97% | 0.79x | 4.71x | ₹687.69 Million |
| 2006 | 19.77% | 6.39% | 0.78x | 3.99x | ₹526.95 Million |
| 2007 | 15.06% | 5.17% | 0.78x | 3.72x | ₹317.65 Million |
| 2008 | 7.49% | 2.58% | 0.68x | 4.27x | ₹-168.57 Million |
| 2009 | -8.34% | -7.47% | 0.47x | 2.37x | ₹-3.19 Billion |
| 2010 | 3.30% | 2.92% | 0.46x | 2.45x | ₹-1.20 Billion |
| 2011 | 1.27% | 1.08% | 0.51x | 2.29x | ₹-1.87 Billion |
| 2012 | -4.25% | -3.37% | 0.51x | 2.48x | ₹-2.92 Billion |
| 2013 | -12.32% | -10.48% | 0.41x | 2.86x | ₹-4.06 Billion |
| 2014 | -4.51% | -3.36% | 0.45x | 3.01x | ₹-2.72 Billion |
| 2015 | 0.60% | 0.37% | 0.51x | 3.13x | ₹-1.76 Billion |
| 2016 | -0.40% | -0.25% | 0.48x | 3.27x | ₹-1.94 Billion |
| 2017 | -16.68% | -1.04% | 0.62x | 25.67x | ₹-478.37 Million |
| 2018 | 76.04% | 24.38% | 0.76x | 4.08x | ₹7.13 Billion |
| 2019 | -12.62% | -3.18% | 0.81x | 4.88x | ₹-2.07 Billion |
| 2020 | -35.77% | -8.33% | 0.65x | 6.65x | ₹-3.07 Billion |
| 2021 | -44.06% | -7.57% | 0.83x | 7.00x | ₹-2.50 Billion |
| 2022 | 28.24% | 3.80% | 1.34x | 5.55x | ₹1.14 Billion |
| 2023 | 20.12% | 3.09% | 1.75x | 3.72x | ₹864.02 Million |
| 2024 | 11.15% | 1.99% | 1.69x | 3.31x | ₹105.90 Million |
| 2025 | 7.99% | 1.55% | 1.38x | 3.73x | ₹-190.72 Million |
Industry Comparison
This section compares Mukand Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,077,213,375
- Average return on equity (ROE) among peers: 17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mukand Limited (MUKANDLTD) | ₹9.57 Billion | 25.80% | 2.94x | $43.70 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $23.00K | 60.87% | 7947.74x | $1.75 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |