Key Metrics of Mukand Ltd
About Mukand Ltd
Sectors
Company details
- Website
- mukand.com
- Founded
- 1955
- Listed
- NSE: MUKANDLTD · ₹148.69
Operational Areas of Mukand Ltd
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
Sign in with access to company financials to review vendor evidence.
Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 16 Nov 2010 | CARE | Other | BB+ | — | — | ₹1,101 Cr | View |
| 06 Jul 2010 | CARE | Other | — | — | — | — | View |
| 10 Jun 2010 | CARE | Reaffirmed | BB+ | — | — | ₹1,497 Cr | View |
| 26 Jun 2009 | CARE | Other | — | — | — | — | View |
| 10 Feb 2009 | CARE | Other | — | — | — | — | View |
| 25 Aug 2008 | CARE | Other | — | — | — | — | View |
| 29 May 2008 | CARE | Other | — | — | — | — | View |
| 22 Apr 2008 | CARE | Other | — | — | — | — | View |
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long term Bank Facilities ‘’ | Working capital & bank lines | — | ₹1,101 Cr | — | BB+ | Other | CARE |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Information on file | 56% · missing: Capex / investment plans, Lender details, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 50% chance the next rating action is stable or better
- Current rating BB+ (below investment grade)
What happened, step by step
- Feb 2009 — Full repayment of debt
- Jun 2009 — ₹75 cr raised through term loans
“CARE has revised the rating assigned to the Short-Term Debt (STD) issue of Mukand Limited (Mukand) aggregating Rs.75 crore, for a maturity not exceeding one year, to ‘PR4 [PR Four] from ‘PR3’ [PR Three].”
Rated limits by facility
Timeline
From the report
Press Release July 6, 2010 CARE WITHDRAWS THE RATING ASSIGNED TO STD ISSUE OF MUKAND LIMITED CARE has withdrawn the rating of PR4 (PR Four) assigned to the Short Term Debt (STD) issue of Mukand Limited aggregating Rs.75 crore, with immediate effect as the Mukand Limited has repaid the said instrument.
From the report
CARE has revised the rating assigned to the Short-Term Debt (STD) issue of Mukand Limited (Mukand) aggregating Rs.75 crore, for a maturity not exceeding one year, to ‘PR4 [PR Four] from ‘PR3’ [PR Three].
From the report
CARE has revised the rating assigned to the Short-Term Debt (STD) issue of Mukand Limited (Mukand) aggregating Rs.75 crore, for a maturity not exceeding one year, to ‘PR3 [PR Three] from the rating of ‘PR2+’ [PR Two Plus].
From the report
The STD issue is not carved out of the sanctioned working capital limits of the company.
From the report
Mukand has been repaying its debts as scheduled by the CDR programme.
From the report
The increase in project cost is being funded through sanctioned term loan from Bank of India.
From the report
CARE has revised the rating assigned to the existing short-term debt (STD) issue of Mukand Ltd (Mukand) aggregating Rs 75 crore to ‘PR2+’ [PR Two Plus] from the rating of ‘PR1’ [PR One].
From the report
The STD issue is not carved out of the sanctioned working capital limits of the company.
From the report
Additionally, CARE has revised the ratings assigned to the long-term and short-term bank facilities aggregating Rs 1250.51 crore (including sanctioned but not yet availed term loan) as at Jun.30, 2008 of Mukand Ltd (Mukand).
From the report
Mukand has been repaying its debts as scheduled by the CDR.
From the report
The increase in project cost is being funded through sanctioned term loan from Bank of India.
From the report
Scheduled repayment of long-term debt under the CDR programme resulted in reduction in long-term debt to equity ratio.
From the report
CARE has assigned ratings to long-term and short-term bank facilities of Mukand Ltd (Mukand) aggregating Rs 1271.90 crore (including sanctioned but not yet availed term loan) as at Mar. 31, 2008.
From the report
The company has been repaying its debts as scheduled by the CDR.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Mukand Ltd
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
| Pipes & Tubes · Steel, Metals & Pipes | surya.co.in | — | Bahadurgarh, India | |
| Steel Strips Wheels Limited | TMT Bars & Secondary Steel · Steel, Metals & Pipes | — | — | Mohali, Chandigarh, India |
| GALLANTT ISPAT LIMITED | · Manufacturing (Metals and Chemicals, and products thereof) | — | — | Gorakhpur, Uttar Pradesh, India |
 PENNAR INDUSTRIES LIMITED |
TMT Bars & Secondary Steel · Steel, Metals & Pipes | pennarindia.com | 1977 | Hyderabad, Telangana, India |
| BMW VENTURES LIMITED | TMT Bars & Secondary Steel · Steel, Metals & Pipes | — | — | Patna, Bihar, India |
| Vardhman Special Steels Limited | TMT Bars & Secondary Steel · Steel, Metals & Pipes | — | — | Ludhiana, Punjab, India |
| Aarti Steels Limited | TMT Bars & Secondary Steel · Steel, Metals & Pipes | — | — | Ludhiana, Punjab, India |
| STEEL EXCHANGE INDIA LIMITED | · Community, personal and Social Services | — | — | Hyderabad, Telangana, India |
| TMT Bars & Secondary Steel · Manufacturing (Metals and Chemicals, and products thereof) | kamdhenulimited.com | — | Gurgaon, Haryana, India | |
| MANGALAM WORLDWIDE LIMITED | TMT Bars & Secondary Steel · Steel, Metals & Pipes | — | — | Ahmedabad, Gujarat, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
iron and steel industry
Filings
No filings on record yet.