Mukand Limited Announces Audited Financial Results, Dividend Recommendation, and Subsidiary Fund Infusion
Mukand Limited announced the outcomes of its Board of Directors meeting held on May 14, 2026. The Board approved the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026.The Board of Directors also recommended a dividend payout and approved the infusion of funds into the company's subsidiary, Mukand Heavy Engineering Limited (MHEL).
Key Financial Highlights and Dividend Recommendations
The Board recommended a dividend of Rs. 3/- (Rupees Three only) per equity share of Rs.10/- each fully paid up for the financial year 2025-26. This payout includes a special dividend of Re. 1/- (Rupee One only) in commemoration of the Bajaj Group's centenary.Additionally, the Board recommended a dividend on the 5,626,320 8% Cumulative Redeemable Preference Shares at the rate of 8% per annum for FY 2025-26.
Strategic Investment and Operational Updates
Mukand Limited approved an infusion of funds up to Rs.160 crore into the share capital of Mukand Heavy Engineering Limited, which is a wholly owned subsidiary of the company.In a major operational move, the company confirmed the completion of the slump sale of a division covering designing, manufacturing, erection and commissioning of EOT Cranes, other material handling and process plant equipment activities. This business, previously operating on a going concern basis, was sold to Mukand Heavy Engineering Limited (MHEL) via a Business Transfer Agreement (BTA) executed on October 18, 2025. The slump sale was completed on March 31, 2026, resulting in a surplus credit of value, which was credited to Capital Reserve.
Financial Results Summary
The company released detailed financial statements, providing both standalone and consolidated results for the period ending March 31, 2026.The Standalone Financial Results show total income of 1,732.42 Rs. Crore for the quarter and 5,336.44 Rs. Crore for the full year. Profit after tax from continuing operations stood at 567.76 Rs. Crore for the quarter and 634.69 Rs. Crore for the year.
The Consolidated Financial Results report total income of 1,777.43 Rs. Crore for the quarter and 5,443.53 Rs. Crore for the full year, reflecting the performance of the group entities including Mukand Sumi Metal Processing Limited, Mukand Heavy Engineering Limited, Hospet Steel Limited, and Bombay Forgings Limited.
A summary of the total income and total expenses (in Rs. Crore) for the latest fiscal year is detailed below:
| Metric | Quarter Ended 31-Mar-26 | Twelve Months Ended 31-Mar-26 |
|---|---|---|
| Total Income | 1,777.43 | 5,443.53 |
| Total Expenses | 1,343.66 | 4,931.40 |
| Profit/(loss) before tax | 33.77 | 512.13 |
The company also reported that the sale of land parcels in the current quarter, including a portion admeasuring approximately 14.18 acres at Dighe and a 50% undivided share, was accounted for, with the resultant surplus included in Other Income.
Statement of Assets and Liabilities (Consolidated)
The consolidated financial data for the year ended March 31, 2026, shows total assets of 4,077.04 Rs. Crore, compared to 3,541.95 Rs. Crore on the previous year.| Particulars | As at 31-Mar-26 (Rs. Crore) | As at 31-Mar-25 (Rs. Crore) |
|---|---|---|
| Total Assets | 4,077.04 | 3,541.95 |
| Total Equity | 1,522.33 | 949.62 |
| Total Liabilities | 2,554.71 | 2,592.33 |
MUKANDLTD Stock Price Movement
Today, Mukand Limited shares edged higher to close at ₹137.75, marking a gain of 0.85% for the day. The stock settled amidst robust trading, with the total volume recorded at 172,125 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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