Integrated Filing — IndAS



General information about company
Scrip Code 500460
NSE Symbol MUKANDLTD
MSEI Symbol NOTLISTED
ISIN INE304A01026
Name of company MUKAND LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 08-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Iron and Steel
Start date and time of board meeting 08-Aug-2025   10:45:00
End date and time of board meeting 08-Aug-2025   11:25:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
As there is no default on Loans and Debt Securities, the same is not applicable.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 11023900000
Other income 424900000
Total income 11448800000
2 Expenses
(a) Cost of materials consumed 8127600000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -1084400000
(d) Employee benefit expense 470200000
(e) Finance costs 326400000
(f) Depreciation, depletion and amortisation expense 132900000
(f) Other Expenses
1 StoresiSpares Components, Tools etc. consumed 1425600000 1425600000
2 Other Expenses 1609400000 1609400000
Total other expenses 3035000000
Total expenses 11007700000
3 Total profit before exceptional items and tax 441100000
4 Exceptional items 0
5 Total profit before tax 441100000
6 Tax expense
7 Current tax 0
8 Deferred tax 86400000
9 Total tax expenses 86400000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 354700000
12 Profit (loss) from discontinued operations before tax -16500000
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax -16500000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 338200000
17 Other comprehensive income net of taxes -10700000
18 Total Comprehensive Income for the period 327500000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1445100000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.45
Diluted earnings (loss) per share from continuing operations 0
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.11
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.34
Diluted earnings (loss) per share from continuing and discontinued operations 0
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 8 2025 The Auditors have carried out a Limited Review of these Results n n2 Since the Segment information as per Ind AS 108 Operating Segment is provided on the basis of Consolidated Financial Results the same is not provided separately for the Standalone Financial Results n n3 Company has executed an Agreement for Sale on July 23, 2025 for the sale of land parcels admeasuring approx. 17.77 acres together with 50 percentage undivided right title and interest in the access road admeasuring approx. 2.73 acres and for grant of perpetual non-exclusive right of way over a land parcel admeasuring 0.16 acre or thereabouts situated at Kalwe and Dighe in Thane District for a consideration of approx. Rs.673 Crore and has received an advance of Rs.110 Crore from the purchaser. This transaction is subject to necessary approvals/ permission/ NOC s from Government and various concerned authorities and fulfilment of conditions precedent. The said asset has been shown as Assets held for sale in accordance with Ind AS-105. n n4 Board of Directors of the Company in its meeting held on May 16 2025 approved sale and transfer of part of Industrial Machinery Division namely designing, manufacturing Erection and Commissioning of EOT Cranes other material handling and process plant equipment activities of the Company Business on a going concern basis by way of slump sale to Mukand Heavy Engineering Limited MHEL, a wholly owned subsidiary of the company, through execution of Business Transfer Agreement BTA. The slump sale is expected to be completed in near future, subject to terms and conditions prescribed under the BTA. The purchase consideration shall be discharged by MHEL by issuance of requisite number of equity shares of MHEL on the closing date. The said assets have been shown as ‘Assets held for sale’ in accordance with Ind AS 105. n nAs per the applicable Ind AS, the Business has been classified as Discontinued Operations for all the periods presented in these unaudited standalone financial results of the Company. Since the transaction is with a wholly-owned subsidiary Company, there is no impact on the unaudited consolidated financial results. n nThe results of the Business classified as Discontinued Operations in the unaudited standalone financial results are as under n nParticulars Quarter Ended Year Ended n n 30 Jun 2025 31 Mar 2025 30 Jun 2024 31 Mar 2025 n nTotal Income 28.15 59.93 69.05 226.55 n nTotal Expenses 29.80 49.16 59.86 192.20 n nProfit loss before -1.65 10.77 9.19 34.35 nexceptional items and tax n nExceptional items 0 0 0 0 n nProfit loss before tax -1.65 10.77 9.19 34.35 n nTotal tax expenses benefit 0 0 0 0 n nNet profit loss for the period -1.65 -10.77 9.19 34.35 n n n5 National Company Law Tribunal NCLT vide its order dated April 29 2025 approved the Scheme of demerger of Stainless Steel Cold Finished Bars and Wires business of MSMPL into Mukand Ltd with effect from April 01 2024 n nThe figures in respect of corresponding previous year’s quarter are restated as computed by the Management. n nThe effect of scheme of arrangement on the amounts of Revenue and Profit after tax published in previous periods are as shown below: n nParticulars Quarter ended 30 June 2024 n n nRevenue from operations n nAs published in previous periods 1258.06 n nAs restated for the effect of Scheme of arrangement 1257.71 n nProfit after tax n nAs published in previous periods 22.41 n nAs restated for the effect of Scheme of arrangement 26.19 n n6 The figures for the last quarter of FY 2024 25 are the balancing figures between audited figures in respect of full financial year and the published year-to-date figures up to the third quarter of the said financial year which were subjected to Limited Review n n7 Figures in respect of the previous period have been regrouped recast wherever necessary in case of the above results n n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 14300000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -3600000
5 Total Other comprehensive income -10700000





Details of Impact of Audit Qualification
Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto